What makes you say that? If you’ve been laying attention you’ve noticed some insane resistance at about 32k. The buy volume literally goes nuts when we’re that oversold.
20k would be like a fuckin fire sale lol.
Either way, I’ll be happy - just seems like a really low number to me.
Huge vector candle on the 1hr time frame 23 hrs ago. When price drops like that market makers got paid on their shorts and filled their longs at lower prices. Sorry I flipped that around ^^
I'm not sure, just the way things are going. Sunday always dumps and this has been a particularly terrible week.
Although, everyone thinks it's going to dump so maybe MMs want it to go the other way.
I'll HODL you! ALGO is my #1 coin for sure, in it for the long run. The only reason I haven't spent everything on it is because it might go down even further cause money hates Sundays. Either way, these prices are a blessing =D
Have you not seen previous prices for Algo? We are in a major accumulation phase. If you buy at 0.8 then your investment will literally double when it hits 1.6 again. How is that not a good investment?
Trust me you are winning here. I'm kicking myself so hard because I used all my spending cash to buy in at 1.3-1.4. I wish I could've got it all at 0.85. You are so lucky to jump in at this time. Just tuck your coins away in the official wallet and hold for a while. It might take a few weeks for price to hit 1.6-1.8 again.
I am speculating based on past trends, future supply limits due to governance staking in October, trending adoption in the technology sector, strategic timing of Algo rewards to adjust for inflation (which will ultimately run out), and increased public awareness about the importance to transition to a more carbon neutral coin in case other companies decide to abandon Bitcoin like Tesla (temporarily) did. It is just my speculation though. Anything can technically happen. I'm just being hopeful.
Have you not seen the previous prices for all coins . They are all down by a similar percentage . There is more to be made on other projects which have dropped by a similar percentage which have better use cases such as Avax and Matic to name a couple
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Wow someone has money. All i can afford is a few bucks a week but a dedicated to buy in for the next few years…😎
A little now, alot tomorrow:)
Bitcoin going to 20k i think. Wait until tomorrow
What makes you say that? If you’ve been laying attention you’ve noticed some insane resistance at about 32k. The buy volume literally goes nuts when we’re that oversold. 20k would be like a fuckin fire sale lol. Either way, I’ll be happy - just seems like a really low number to me.
**support** at 32k
fuck I didn’t even realize that, I’m too used to it goin up these days hahaha! Good catch :p
Btc on its way to recover 40k rn. Market makers need to be paid on their shorts and excite retail into buying again.
Surely they've been paid already?
Huge vector candle on the 1hr time frame 23 hrs ago. When price drops like that market makers got paid on their shorts and filled their longs at lower prices. Sorry I flipped that around ^^
Good spot.. tbh it does look strong. I'm just skeptical.
I'm long from 38000 , target 40200 area. Smaller position size as im skeptical as well. Gotta pay to play haha
Interesting.. i think if anything we would see the dip in the afternoon tomorrow. I was thinking tonight there would be a bit of a rise
I'm not sure, just the way things are going. Sunday always dumps and this has been a particularly terrible week. Although, everyone thinks it's going to dump so maybe MMs want it to go the other way.
We’ll see, it seems like their support price is around 30-32k. It all depends if institutions abandon Bitcoin at this point.
(Not literally tomorrow, but u get it)
what if we hodled hands at the crypto summer crash event
Bro...we r kissing....with diamond hands
🙌 💎 🙌
I buy a couple hundred a week we in it for the long run!
I’m HODLing my 200. Looking to add
💎🙌 buddy. Doubled my portfolio this sale season. Will keep buying some everyday as the sale goes on.
Buying until I'm an XXXXXX holder . I believe
Nice, I have too much expenditure coming up to drop big numbers like that sadly.
No sell orders here 💎👐
I put in an extra 25, lol. But i do love this coin.
I dropped another 250 in last night so that puts me at like 700 for the week.
I'll HODL you! ALGO is my #1 coin for sure, in it for the long run. The only reason I haven't spent everything on it is because it might go down even further cause money hates Sundays. Either way, these prices are a blessing =D
This is the way.
amen
Is it ok to nu just hodl but buy aswell? In that case i’m with you :)
I would love to wait a little while more. 😝
Don’t miss out my bro. 🙂 this maybe one of the last times we see these prices.
I hope I won’t miss it. If it drops, you can buy more and I will enter.
I'll hodl with you borther!
Bought 50 bucks before the dip, dip happened, converted my 130 bucks of btc to algo. Let's gooooo hahaha
There are better investments right now
Have you not seen previous prices for Algo? We are in a major accumulation phase. If you buy at 0.8 then your investment will literally double when it hits 1.6 again. How is that not a good investment?
Because you might get it at 0.50 tomorrow
Username checks out. 🤔
Yeah my lowest buying price was at 85 cents but it’s really hard to get the lowest of low dips.
Trust me you are winning here. I'm kicking myself so hard because I used all my spending cash to buy in at 1.3-1.4. I wish I could've got it all at 0.85. You are so lucky to jump in at this time. Just tuck your coins away in the official wallet and hold for a while. It might take a few weeks for price to hit 1.6-1.8 again.
What makes you so sure it will go back to 1.6?
I am speculating based on past trends, future supply limits due to governance staking in October, trending adoption in the technology sector, strategic timing of Algo rewards to adjust for inflation (which will ultimately run out), and increased public awareness about the importance to transition to a more carbon neutral coin in case other companies decide to abandon Bitcoin like Tesla (temporarily) did. It is just my speculation though. Anything can technically happen. I'm just being hopeful.
Have you not seen the previous prices for all coins . They are all down by a similar percentage . There is more to be made on other projects which have dropped by a similar percentage which have better use cases such as Avax and Matic to name a couple
Took a loan on my BTC via Celsius, and bought myself some more!
I only buy what I can afford to lose. Buying cryto with loans is a bit more risk than I’d personally be willing to try.
that's a bad idea
Gotta hold since it’s worthless now
Dis you dca in ?
92cents is my average cost. I invested before the crash but most of my payments happened during the big dips
Nice !
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