[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.53984431 [View]
File: 147 KB, 1498x844, BTC halving chart current.jpg [View same] [iqdb] [saucenao] [google]
53984431

>>53984155
>Utility and funadmentals does not make you money in crypto
For sure, I agree with this, but it's the best foundation for survival, long term growth, and eventual adoption, which does make you money. You can take riskier plays on hype and PA, but these are all calculations one has to make.
>So you are willing to risk losing 50% of your current wealth if it drops?
This is true with everything, you're hype focused on the risks which effect everything else too. Anything can drop 50% or more if there's a bad enough crash. It's a risk you take holding literally anything.
>if the supply increases and the market cap stays the same, the price per token decreases
The supply increase is on an incremental schedule over years, it's not like one day it's just going to increase by 20%. I highly doubt the market cap doesn't move during that time, and if it didn't, then obviously I would reevaluate.
>If you believed this
I do believe it, and you didn't dispute it. You moved from ROSE will not survive until the next bull run to just buy something else.
>19% is massive
19% over 2.5 years
>Idk man, I'd prob find a new profession
I think I'm doing okay
>as much I hope you make it, I doubt it if you hold rose with any signicant portion of your portfolio.
I view ROSE as a better bet than most, again for all of the reasons talked about in this thread.

You're not making a very compelling case. You initially started with ROSE will not survive to next bull run, you seem to have capitulated on that. The best FUD for ROSE is not its fundamentals, it's not the supply or unlocks, it's not if it will survive or not. It's how and if ROSE will gain hype to generate sufficient PA to produce epic gains. This is the current problem. Everything about ROSE is solid, but like you said, fundamentals don't equal PA.

Pic related is what I was basing the supply/peak bull run math off of

Navigation
View posts[+24][+48][+96]