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/biz/ - Business & Finance

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19946497 No.19946497 [Reply] [Original]

I hold 12 other coins. On CoinGecko yesterday every single one was in the red. Why is this the only one not dropping? Has there been something going on behind the scenes that made it hold while everything else dumped?

>> No.19946544

They didn't tell you?

>> No.19946558

>>19946497

Many long term holders who aren't willing to sell to arb their tokens in the future

>> No.19946621
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19946621

>>19946544
all the big holders are already rich. no reason to sell anytime soon

>> No.19946651

>>19946558
How does the arb work. I get rsv for holding rsr?

>> No.19946795

>>19946651
There will be an app that automatically arbs it for you so your rsr stack never reduces

>> No.19946826
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19946826

>>19946544
checked & based fren

>> No.19946842

>>19946558
This.

>> No.19946843

>>19946795
Arbs what for me? Still don't understand the process

>> No.19946868

>>19946651
It works just like all the other scam projects with token swaps where you swap useless token A for useless token B while the team dumps.

>> No.19946893

>>19946843
Why dont you DYOR instead of sperging out. The spoonfeeding happened a year ago.

>> No.19947141

>>19946868
Aww did you fall for the satsgang fud and get left behind?
I swapped USDT for RSR... I can swap back and have 5x the USDT. We call that making a profit. If you have the intelligence to DYOR and see through the weak fud, you might be able to make a profit too.

>> No.19947209
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19947209

>>19947141
>using Tether

>> No.19947242

>>19947209
You're right, it's a piece of shit, but USDT/RSR is the pair with the most volume. Also trading ETH/RSR but the volume is shit. Don't worry, all the USDT gets converted to ETH as soon as it comes off of huobi.