[ 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

View post   
File: 4 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
20579419 No.20579419 [Reply] [Original]

>Buy AMPL
>Receive re-base
>Immediately swap AMPL for ETH
>wait for price to adjust downwards as other people sell
>Buy more AMPL
>Rinse and repeat every 24hrs, making compound gains of 10-20% every day.

Am I missing something? Is it really that easy? Please, I'm asking seriously, is that really it?

>> No.20579444

>>20579419
have you tried ?

>> No.20579448

>>20579419
It's not compound gains its hyperinflation

>> No.20579459

>>20579444
I'm planning to try, unless I am being a brainlet. What am I missing?

>> No.20579476

>>20579459
It doesn’t always go down after rebase. It did the last two nights but not when I tried this.

>> No.20579491

>>20579419
you're missing that everyone is trying to do exactly that so good luck competing with thousands of people and the fact that not every rebase dips so you might end up with less actually

>> No.20579523

>>20579419
gl selling before the bots.

>> No.20579527

>>20579419
There's your redflag, once everyone starts doing this. Its useless.

>> No.20579529

>>20579419
You lose your percentage of the supply as marketcap goes up. You're doing it wrong, OP.

>> No.20579550

This doesn't work. Bots are faster than you and it doesn't always follow the same time frame. Sometimes it doesn't dip at all. You will probably get rekt.

>> No.20579554

>>20579529
Ah right, I think I understand. By selling, I opt out of my % of the market, and since this stays fixed, if MC increases then I actually lose value. Ok then, so is the strat to just hold AMPL through the rebases, and then put it into the geyser when we start approaching $1? Thanks for your ehlp anon

>> No.20579570

>>20579554
help*

>> No.20579599

aight guys, need to be redpilled, so please no shilling shit
i have 10k to invest into ampl
do i buy now at $2.6 and start collecting rebases or wait for a healthy correction like a while ago?

>> No.20579902

>>20579599
Make sure you DYOR before wasting 10 grand

>> No.20579932

>>20579419
>everyone immediately sells it all off at the same time
>what can go wrong
>what am I missing

>> No.20580044

>>20579932
yeah cause this can happen only with AMPL right

>> No.20580166

>>20579599
The only important thing to look at is the market cap. And if you look at the chart, it has only been going up.

>> No.20580216

>>20580166
So just buy and hold AMPL, right? Is that the strat to maximise profits on this coin?

>> No.20580244

>>20580216
As long as the price stays above 1 dollar, yes. If you hold when it's under 1 and negative rebases start you're gonna get fucked, since literally everybody will be trying to sell. Once the price hits the 1.50 mark, I'm out - but this should hopefully still be some weeks away.

>> No.20580266

>>20580244
Based. It's as I thought. Thanks based anon.

>> No.20580295

>>20579529

How can you tell what your % of the market cap is? Does it depend on when you first bought in or does it depend on how many AMPL you have?

I put in a eth a week ago
If I buy more does my % stay the same?

>> No.20580300

>>20580216
10th July I put in $23K and hodl'd.

Today I took out my $23K and still had $125K...this was just before rebase.

Rebase gave me another $20K.

Comfy as fuck

>NZ $

>> No.20580373

>>20580244
You're thinking like it's any other crypto.

>it's not

>> No.20580387

>>20580295
You don't need to tell how much your % is to know if you are losing it, since once in it will always stay the same. Your % once bought in will always stay the same. SO, if you exit (sell) and the MC increases, and then you buy back in with the same $ amount, you will lose a fraction of your % of the share.
>I put in a eth a week ago. If I buy more does my % stay the same?

If you are putting in more money, you are increasing your market share.

>> No.20580413

>>20580295
figure out how much the cost of your AMPL is worth / current market cap

>> No.20580417

>>20580373
It's different, but not that different. Price drops + negative rebases combined will still lose you money.

>> No.20580420

>>20580295
Look on the holders list of Ampleforth on Etherscan.io. you'll find % there for your wallet

>> No.20580460

>>20580417
Yeah but what happened when it dipped to $1.3 last time from the ATH of $4? Got bought up crazily. Don't underestimate the rebase money FOMO anon.

>> No.20580475

>>20580460
>1.3
That's still above 1. I'm talking about when it reaches negative rebase levels.

>> No.20580516

>>20580387

Thanks for explaining that for me.
Wish I could of put more in when I did but won't be able to till tomorrow. I love watching those rebases come in every night.

>> No.20580590

>>20580300
I'm really hoping the rebases continue so I can achieve something similar with my $1000 starting capital. Thanks for the reassurance anon

>> No.20580636

>>20580475
And my point remains. The insane FOMO wave is gonna lead to AMPL getting violently bought up form near $1 levels as of now. Look at the wallets. Went from 7000 to 10,000 in just 2-3 days. Only starting.

>> No.20580684

>>20580636
From what I've seen it hasn't even had a big push from the crypto youtubers or twitter, when that happens it's going to get even crazier

>> No.20580772

>>20580684
Yeah, it'll eventually cool down and the rebases would be much lower but this thing's gonna moon hard for 1-2 more months imo. Let's ride it ;) (with that said, anons over excitedly going all in might get REKT so don't invest too much people).

>> No.20580786

>>20580636
>>20580684
What I'm talking about WILL happen. Coins like these never last all that long. Now, is it gonna be in a few months or a few weeks? Nobody knows. But when price levels hit the 1.50 to 1.10 region again, I'm gonna take my profits. Don't get too attached to random coins anons, you gotta think clearly.

>> No.20580795

this thing basically can't be stopped, mc cap still way too low

once prices drops below two, buying pressure will be insane shooting it back up immediately

even a market crash does not bother AMPL, it is then the only place to make money (might actually even shoot it to the stars)

damn comfy

>> No.20581064

>>20580786
"Don't get too attached to random coins anons" - this I agree with. Got too attached to a former bag of mine, didn't take profits only to get suddenly and massively dumped on one day out of the blue. Always, take your initial out people, always.

>> No.20581119

>>20579419
I've done this a few times and every time it gets harder to fill my buys in time. Never again. Enjoy getting your shit pushed in if you take the scalp as a given.

>> No.20581170

>>20580387
>What I'm talking about WILL happen. Coins like these never last all that long. Now, is it gonna be in a few months or a few weeks? Nobody knows. But when price levels hit the 1.50 to 1.10 region again, I'm gonna take my profits. Don't get too attached to random coins anons, you gotta think clearly.

Do we need to deposit Ampl on grese to have a share in market cap ? If we brought and simply hold on kucoin wallet , uniswap , do we still get market share or do we must deposit them to greyse and take share in pool . Please let me know .

>> No.20581225

>>20581170
That punctuation makes you look like a pajeet, anon. Anyway, you get the rebase coins whether you leave your stack in your wallet or whether you stake it. But unless you're a whale, the geysir is a scam, just just leave them in metamask.

>> No.20581242

>>20581170
You get market share and the daily rebase even if you merely hold your AMPL tokens in your wallet like metamask etc.

>> No.20581255

>>20580387
Do we need to deposit Ampl on grese to have a share in market cap ? If we brought and simply hold on kucoin wallet , uniswap , do we still get market share or do we must deposit them to greyse and take share in pool . Please let me know .

>> No.20581359

>>20581255
Several people have already answered. But no, you don't need to stake in Geyser to own market share. Just buy and hold the coin in Metamask or whatever.

>> No.20581389

so how do you actually make money? Literally not getting any info besides buy low and sell when it nears 1.50 and collect rebases

>> No.20581476

>>20581389
Buy it and hold it

The price of the coin adjusts back down each day after rebasing, the quantity of ampl you hold will increase as long as the market cap keeps increasing, which for the foreseeable future seems certain due to the positive feedback loop and networking effect

If you bought $100 of ampl yesterday you would have had 50 ampl, today after the rebasing you would have something like 58 ampl

>> No.20581538

>>20579419
>You're fighting with bots and whales
>Uniswap has a 30s window while gas is making everything slow as fuck
>Kucoin halts trading
>I heard Hoo doesn't get rebases
Good luck

>> No.20581582

>>20579599
I'm being conservative but I think it can still go x2 from here. if it gets listed on coinbase since coinbase ceo is invested, It'll go bananas. Dyor and good luck.

>> No.20581678

>>20581389

There have been lots of redditards in the ampl thread, but you must be their queen. How the fuck do you even get that from the info being spoon fed to your sorry ass?

>> No.20581737

>>20581582
More like x10 (3 bil mcap I think is conservative)

>> No.20581785

>>20581737
Maybe in the long run. I think the markets crashing will heavily affect crypto. x10 would have been possible if the economy wasn't in such a shitshow.

>> No.20581860

>>20581785
Long run we’re looking at maybe the first ever trillion mcap... it does have the POSSIBILITY of flipping the top 3

>> No.20581947

>>20579599
Treat it like a ponzi scheme have a target price add 1k to it pull out when you reach it add the 1k back to it because hey you never know.

>> No.20582027

>>20581678
This.

>> No.20582801

Its a monster

>> No.20583674

>>20581860
There is a small chance that happens desu
We....really...might fucking make it

>> No.20583710

>>20579419
rebase doesn't give you money though

>> No.20583802
File: 20 KB, 511x449, rebase_doesnt_give_you_free_money.png [View same] [iqdb] [saucenao] [google]
20583802

>>20579419
>>20583710
>

>> No.20584312

>>20581064
AMPL isn't a random coin

>> No.20584926

>>20583710
>>20583802
Yes it does, If you know how to work with it.

You have to keep in mind each AMPL is worth $1 no more no less. When you pay more than $1 for an AMPL, you are funding someone else's rebase.

Trick is having the price back to $1 with the highest number of AMPLs you can get out of rebases. This happens during positive rebases, and people are incentivized to sell their extra AMPLs for the higher value which usually goes around $2 or $3.

>> No.20584959
File: 5 KB, 220x229, 1584315687946.jpg [View same] [iqdb] [saucenao] [google]
20584959

>AMPL dumping
its over AMPLchads...

>> No.20585838
File: 434 KB, 1980x932, ampleforth-takes-down-coingecko.png [View same] [iqdb] [saucenao] [google]
20585838

>>20579459
Don't do it anon. Litteraly just hold. A lot of anons tried this, and fucked up our stacks. Uniswap seems to have a slight mechanic trying to time this is hard

>> No.20585950
File: 259 KB, 1079x1617, Screenshot_20200722-115430_Brave.jpg [View same] [iqdb] [saucenao] [google]
20585950

>>20584959
Looks fine to me anon

>> No.20586021

>>20584959
>over 350 mcap still
lad just sit tight