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Hey guys, I have an interesting question, don't know why I didn't thought about it earlier. We have supply of 1 000 000 coins and a lot of holders. Who are we buying from? For example I'm not going to sell my coins unless the price is measured in thousands.
So right now (as I understand) we're buying from markets, which some of guys sell to. But if we (holders) buy every single coin and stop selling, the price will increase drastically, because we will create deficit and no one will be able to buy a single MM but on our conditions. So what I suggest is to participate in buying our coins off market. It should be done in waves. Let's imagine, we (a hundred pals) agreed to buy some more coins at the same time tomorrow. We do it -> price go up -> some of this hundred sell instantly to gain the profit, but part of the coins are in our hands. So we repeat this "wave of buying" until we (true holders) have all the coins in our hand. Now we can control the future. What do you say?
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@0xbf17c61036dbdf4bc2d5c487941ccfd9b9e51097 exactly! Random guys could do it with GameStop. Why don't our community want to do it with our own coin is a mystery for me.
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@RomanistHere Welcome to the void, where freedom and anarchy are virtually indistinguishable.
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@RomanistHere
We can still buy when price is low to get bigger MM holding. But trying to force buy it up would be expensive because price would indeed start going up, and we would pay the high prices instead of letting the ones that comes after us pay it. And any dumper can take advantage of our efforts and make us actually lose a ton of money. Its very risky, and more costly than just patiently buying the dips.
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@Wiwy sounds totally reasonable, however the thought itself, that if we, community, agreed on some terms and made a few ways of buying, all of us would be much more wealthier - this thought makes me think how much of the possibilities there are and how little we, humans, actually execute.
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@RomanistHere
Personally i rather focus on buying cheap when price is low, and take advantage of being early. Pumping the price is expensive and risky imo. I am not in any rush to get Million token price high, i think organic growth is the way to go rather than artificial risky pumps.
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@Wiwy you trust in others. You can buy low, but every time you buy "low" there is no guarantee that this low is not the max price from now on. It will be organic. There are hundred of examples somewhere there.
There is not much difference in your way from playing in casino. You count something, plan to invest, track your moves and learn from it - but it's all up to luck (or casino) in the end.
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@RomanistHere I am not a fan of group buys as you propose. But it is a free market and anyone can do whatever they want.
I make consistent passive buys of MillionToken each week every Tuesday and HODL. If folks want to sell, that is their business as they can sell. My passive buys come from trading my Quick tokens from the 300% APY pool over to MM tokens each week. I keep it simple. No emotions whatsoever. Not financial advice.
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@RomanistHere
It's a risk yeah. The most important thing is to be able to afford to lose, so if that base is covered you can sail through any bear market really. Also the more price goes down, the closer it gets to the artificial bottom, the $1 price range peg, and the less you risk to lose from future price crashes. (Assuming that TL dont remove the peg)
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@NFTDailyNews @Wiwy and others, thanks for your opinions. I find it interesting and appreciate it.
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Hello everyone :) all of the cryptos are selling off, and the space might be cold until a true bottom is found, or the 2024 halving cycle. However, as an early holder of bitcoin that got scared and panicked when it was 300 dollars a token and I had 10 of them, I regret ever selling. This space goes up and down forever, but the fact that this coin and leash token have smaller supplies than most is why I focus on these two. We could buy every day at noon eastern us time, and start driving the price up, if patience and true growth isn’t what people are really here for, but I’m holding 250 coins at 24 dollar entry point for the long run. Unless tech lead quits working on this, we are just victims to the space. But there will be euphoria again in crypto. So relax and enjoy the ride.
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@0xae07d0d7da0b34707acfb225c1400649c1f30112 Bear markets are great. It purges the people that are passionate about a project vs the ones that are not serious.
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@NFTDailyNews no bear is bad for people that want to go in to crypto then like begginers lose money in bear.... bear is not healthy not everyone is a expert
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I posted this week's #MillionToken $MM analysis on LinkedIn. Feel free to follow me on Linkedin.
https://www.linkedin.com/feed/update/urn:li:ugcPost:6888651643995398144?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3AugcPost%3A6888651643995398144%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29
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Just dropped this video today. Good week for the MillionToken community. From now on I will be calling it a utility token as it's not just a "token" anymore.
https://www.youtube.com/watch?v=9wn7JhOoYJc
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@NFTDailyNews
Congratulations! You have been recognized for your efforts and talent, now to be featured on the Million token website :) https://imgur.com/a/9y26S7L
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@247cryptomoney Cardano, look at the daily candles against ETH
https://www.tradingview.com/chart/0p6dlwZR/?symbol=COINBASE%3AADAETH
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@247cryptomoney #YEL yel.finance
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Announcing DeFi Pro, a new course & community for Decentralized Finance. Learn to make passive income with crypto in a fun & friendly community. Learn from the pros.
#MillionToken holders save 25% special too. https://twitter.com/techleadhd/status/1483116811449036801 https://defipro.dev/
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