/biz/ - Business & Finance

>>24974982
it's about to dump

>>24974995
not before getting to $1

same story as uni and a million others that got listed day 1 on big exchanges
listen, if this coin is as good as everyone is saying, the price will stabilize where it needs to be in around 4-7 days. if it is truly the next best thing since sliced bread, you can buy it then and still enjoy all the amazing gains you all think it'll have long-term
even yfi went through this insane pump, dumped, relaxed, and continued its pump a week later on proper fundamentals
right now it is nothing but a short-term play. if you're a good trader etc. -- go ahead and buy and pull out when you think is best
if you're experiencing fomo but meant to hold long term, just stfu and buy in a week. 1 week will not determine the outcome too much, it just won't.

>>24975035
good post anon, I appreciate it

>>24975035
Sensible poster. Also get that week chart to see futures with.

>>24975068
np anon.
never let your emotions take over in crypto, that is unironically how traders get wealthy

>>24975004
literally dumping right now

>>24975132
I hope man...

DUMP IT

>>24975132
Said the nervous shitter for the 70th time

>>24975174
cope

>>24975188
how long before buying back?

sold 40 percent of my stack around 0.27c into AllianceBlock...hoping it dumps so i can buy back in. But ofc opposite is gonna happen, alliance dump and grt keeps mooning

>>24975035
>continued its pump a week later on proper fundamentals
This is why GRT is here to stay. It is used by top tier shit like AAVE and SNX, essential to their service. I don't see why it's market cap wouldn't overtake them. Which means profit, even if you buy now.

>>24975035
you must miss out on so much but it sounds like you are safe. I would never skip these 4 days.

>>24975188
Cope with what, the fact I made 10 grand in two days?

>>24975132
DILATE

>>24975035
this is unbelievably retarded. yfi was listed at $800 and the price has stabilized around $25,000. imagine missing out on getting in on something early, while also managing risk

>>24975188
you first

why would you sell on something shilled so hard by coinbase?

Lol same here bought in at 13¢ sold at like 36 bought back at like 40

Bought at 50, will probably sell around 80

>>24975310
yfi stabilized within $2.5-$3k range in a week, you fucking retard, and stayed there for several weeks before pumping further
>>24975244
yes, it does seem like it'll be quite useful, but, based on what I read, it is meant to be used as a "kudos" and a ranking mechanism for indexers so they can stake it, thus showing that they received a bunch as a "good job"
>>24975255
i missed out on a few 2-3xs, but i also missed out on shit like CRV, YAM and SUSHI that were shilled *exactly* the same way here. ive had exactly the same arguments in CRV threads day 1 of listing when it pumped to *$50*. several anons screamed in my face about how it was supported by coinbase and whatever the fuck else adn that it'll pump into the nether only to go down to <$0.50c within the day. 100x decrease
i've consistently made 5xs on several coins without the risk. congrats if you ape in and win, but I'm not playing with lunch money here.

>>24975035
if anyone gives you a "4-7 days" or a wait about a week timeline they're full of shit.

>>24975398
If you don’t see the difference between GRT and a simple dexcoin I don’t know what to tel you.

Your comparisons don’t apply whatsoever these are fundamentally different cryptos.

>>24975398
Do you think it'll go another 20-30% today Mr sensible anon?

Next resistance $1

>>24975444
you're fucking retarded because in the first few days of listing it is not fundamentals whatsoever but it is all hype in speculation
if you think that price discovery can happen within the first few days, you're clearly extremely new here. probably 2nd half of this year
get fucked
>>24975402
get fucked as well

>>24975456
i've got absolutely 0 idea. i'm a shit trader on hype and speculation.
>inb4 you're a shit trader in general

>>24975398
you have absolutely no idea what you're talking about. as soon as Binance listed YFI, it went parabolic. if you weren't in before it, you missed the boat and were left behind. you are a simpleton who will never make it. the key is putting in an amount of money you are willing to lose and monitoring the market

>>24975132
damn you must feel stupid now

>>24974982
it will be at $4. that is all.

>>24975469
And your comparison for PRICE DISCOVERY was fucking defi dexcoins? So do you actually want to make a real argument that this is mispriced?

I’ve been in crypto since 2012.

>>24975528
relief rally

>>24975515
wow, you're actually retarded, aren't you?
black arrow is first few weeks
red arrow is first month
>muh binance
binance isn't the only exchange you fucknut, and that isn't what's important. yfi spent weeks off binance when it was doing price discovery
the important part is giving the market an opportunity to do price discovery, and buying shit in the first 48 hours is a purely speculative play

>>24975398
just for reference as to how dumb this anon is, binance listed YFI on 8/10/2020 when it was $6300. by 8/31, it was $35,000. this anon thinks you should wait around a week. have fun with that anons
https://www.binance.com/en/support/articles/a2e3970cd7334b659d426e547f7bcea0

>>24975552
then you're retarded if you still haven't picked up that price discovery takes longer than 48 hours
i don't need to make an argument for something as fundamentally simple as this

>>24975578
hey retard, see this
>>24975569
>muh binance
>only exchange in the world, clearly
you must forget to breathe sometimes

>>24975585
The idea of “price discovery” necessarily requires you to analyze the fundamental project.

What is the PRICE of a DeFi dexcoin? Maybe not that much

What is the PRICE of a major piece of the decentralized tech stack? I think ~650m market cap (right now) is still very undervalued.

Get fucked stay poor

>>24975569
>binance isn't the only exchange you fucknut, and that isn't what's important. yfi spent weeks off binance when it was doing price discovery
you're a moron. as soon as it was fed to the normies like GRT currently is, the price went bananas

whys it so afraid of hitting .60 cmooonnnn

>>24975600
fren, YFI was only listed on uniswap early. it's completely different when a coin gets listed on binance, coinbase, and all the major exchanges. if you don't get in early on a good coin (which is rare when they are released), there is no turning back. you are seeing it now with GRT. we'll probably never seen sub-30 cent prices again unless you think this coin should be ranked in the 70's

>>24975617
if it is as good as you say it is, there is nothing wrong with buying it in a few days
if you claim that the price was discovered already, then there is no reason to hold it so it'll dump as people will take their gains
good job, you played yourself. next
>>24975618
>look, mom! i'm backpedalling my argument! it wasn't about binance, it was about getting fed to normies! yfi totally wasn't the conversation topic as soon as it launched!
bro, once yfi launched it was all everyone was talking about as yearn was huge already.
>>24975670
so? just because it is uniswap it doesn't count somehow? even that listing you provided with binance would've been an entry that would have provided an order of magnitude of an increase. by that time the fundamentals were clear as there was a good amount of price discovery via uniswap.

>>24974982
This thing corrects all the time.
But you can't fight it. This is meant to be in the top 10 and it will get there.

>>24975723
uniswap does a fraction of the volume of binance and the larger exchanges

>>24975787
still millions of dollars worth. i'd give it to you if it were a difference of a few days, but it was on uniswap for weeks.

Can I ask you something guys?
I want use coinbase and convert Graph to bitcoin prior to the dump and then back to graph using bitcoin to keep my funds the same, but the exchange rate is bad and I end up losing money everytime. My question is will switching it to USDC and back and forth to GRAPH save me more money instead of bitcoin?

>>24975724
Already near the top 10 by fully diluted supply

Went for chrissy lunch lads, have we dumped yet?

>>24974982
I posted in yesterday’s thread we had another impulse wave up (5th and last elliot wave) before we start correcting and it was stupid to sell then.
So expect correction soon :)

>>24974982
Top signal. Get out. EPIC before ECR in Q1 and you will be sitting comfier than any man known to walk this earth.

moment of truth

>>24975889
>but the exchange rate is bad and I end up losing money everytime
Move to Binance or uniswap then. Thats really the solution you need.

Edging .60 hard

>>24976847
It's like a sumo match

We did it again green dildo land is here

>>24976847
breached it on uni for a few minutes

>>24976838
>Move to Binance or uniswap then
will coinbase pro work just as well? since I'm already on their platform

>>24977139
Yeah it would. The Pro one was meant for trading. Pretty easy to swap it over too.

>>24977214
thanks bro