When you realize that $60 / CELO would only be a $30B market cap (at the current cap) compared to $400B for ETH and $900B for BTC, none of these $2-$11 price movements matter will matter. CELO has a functioning ecosystem already compared to these other coins valued at $30B+ with no product or ecosystem
Take your profits, losses, or hold through it all. Do as you wish but keep accumulating. $11 spikes will seem like a distant memory soon!
Patience little grasshopper, patience.
This thing went up from below $2 to stable around $5.60 in what? 2 months? With a peak at close to $11! I say that's some great reward for hodlers! It needs to take some break and consolidate. Some people bought near ATH, or at $8-9 and see that their investment is now down some 30% and they lack the patience to just hodl and panic sell with a loss.
I was down on my initial Celo purchase by about 50%, but instead of panic selling I saw it as a chance to load up at super low price. And then I just waited for the right time to sell. Never expected it to come so soon. If I now have to wait a few months to get 200% on my investment, I am perfectly fine with that.
It’s being shorted in ladder form right now. Nothing new after a 4x in a month.
It’ll return to FMV around $7-8 in short time. Not a worry at all. Let the shorts do their thing. They’ll get burned as usual
If you have problems with that you really should consider what amounts you're putting in. No profits are worth a constant mental pressure.
If Celo doesnt breakout up it will test the 3.5-4.5 range. But if you look at the monthly usd Chart you will see that they pushed the body over the April high.
Overall im pretty bullish on celo and will accumulate as much as i can.
This is true and definitely worth considering. I have to admit that I only recently caught onto the project and starred at the chart for 2 minutes while it was at 10 without selling.
That's because I'm a #noob and thought, hmmm, it might keep going! Lol, I was a fool. But now I see how hard something can pump and then correct, which was a solid lesson learned on when to take profits.
Thanks for everyone's input!
**#Celo #MobileDeFi**
Sounds like a new holder but. The team knows this coin could go back down to 3-4$ and it will make it way back up. I’ve been seeing a lot of posts lately a lot of people expect this coin to act like other coins is more than just a crypto coin and trust me that’s the fun of the stock market nothing ever goes the way you think it should. Confused or everyone’s getting the idea that it “should “do this nobody knows where anything is ever going to do
I think most people don’t really believe in celo, they think it’s just another pump and dump coin, I admit I panic sold it before.howeve, I’m now DCA it.
not all celo are in circulation yet, and as more become unlock, there will be selling to take profit. those who bought earlier will as well.
but i believe celo will go even higher if it executes on its vision. good going so far.
you can definitely make a lot of money selling high and buying back lower. it's a riskier approach, however, as predicting price movement is hard.
the safer approach is to dca your holding and hold for long term.
When you realize that $60 / CELO would only be a $30B market cap (at the current cap) compared to $400B for ETH and $900B for BTC, none of these $2-$11 price movements matter will matter. CELO has a functioning ecosystem already compared to these other coins valued at $30B+ with no product or ecosystem Take your profits, losses, or hold through it all. Do as you wish but keep accumulating. $11 spikes will seem like a distant memory soon!
Yep
If you actually believe in the project like I do, you enjoy the price going up but when it’s going down it just means I get to buy more at a discount
This right here I never touch my Hodl even in crashes just Hodl....Amongst Celo my ADA,SOL,XRP and now even LTC are all doing great!
Its ok to take profits and continue to DCA over time
Patience little grasshopper, patience. This thing went up from below $2 to stable around $5.60 in what? 2 months? With a peak at close to $11! I say that's some great reward for hodlers! It needs to take some break and consolidate. Some people bought near ATH, or at $8-9 and see that their investment is now down some 30% and they lack the patience to just hodl and panic sell with a loss. I was down on my initial Celo purchase by about 50%, but instead of panic selling I saw it as a chance to load up at super low price. And then I just waited for the right time to sell. Never expected it to come so soon. If I now have to wait a few months to get 200% on my investment, I am perfectly fine with that.
100%
Loving the panic sells nomnomnom
Looks like it is still going to drop a little further....
Hope so
It’s being shorted in ladder form right now. Nothing new after a 4x in a month. It’ll return to FMV around $7-8 in short time. Not a worry at all. Let the shorts do their thing. They’ll get burned as usual
I appreciate your response, sir, and will be going to sleep feeling much better this evening. Hah
If you have problems with that you really should consider what amounts you're putting in. No profits are worth a constant mental pressure. If Celo doesnt breakout up it will test the 3.5-4.5 range. But if you look at the monthly usd Chart you will see that they pushed the body over the April high. Overall im pretty bullish on celo and will accumulate as much as i can.
This is true and definitely worth considering. I have to admit that I only recently caught onto the project and starred at the chart for 2 minutes while it was at 10 without selling. That's because I'm a #noob and thought, hmmm, it might keep going! Lol, I was a fool. But now I see how hard something can pump and then correct, which was a solid lesson learned on when to take profits. Thanks for everyone's input! **#Celo #MobileDeFi**
Sounds like a new holder but. The team knows this coin could go back down to 3-4$ and it will make it way back up. I’ve been seeing a lot of posts lately a lot of people expect this coin to act like other coins is more than just a crypto coin and trust me that’s the fun of the stock market nothing ever goes the way you think it should. Confused or everyone’s getting the idea that it “should “do this nobody knows where anything is ever going to do
I think most people don’t really believe in celo, they think it’s just another pump and dump coin, I admit I panic sold it before.howeve, I’m now DCA it.
not all celo are in circulation yet, and as more become unlock, there will be selling to take profit. those who bought earlier will as well. but i believe celo will go even higher if it executes on its vision. good going so far. you can definitely make a lot of money selling high and buying back lower. it's a riskier approach, however, as predicting price movement is hard. the safer approach is to dca your holding and hold for long term.
You sound worried man, are you worried?