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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29840707 No.29840707 [Reply] [Original]

The token literally needs to stay under $2 or people won’t be able to afford to use it. The devs confirmed this in the telegram and will be commencing dumps as necessary.

>> No.29840835

I market bought $20k of GRT at $2.80. Should I HODL?

>> No.29840872

>>29840707
source?

>> No.29840900
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29840900

https://voca.ro/11SM5NWFFbGk
Is holding The Graph the ultimate bagholdery?

I cannot think or comprehend of anything more cucked than holding GRT. Honestly, think about it rationally. You are buying, holding, staking, and losing money on a token for at least 5 years solely so it can go and get ravaged by the indexers. All the hard work you put into your beautiful little stack - doing due diligence and research before bedtime, picking the right indexers to delegate with, making sure it's a healthy percentage of your holdings, watching it grow, not selling it. All of it has one simple result: its price will ultimately become more enjoyable for those who will eventually pump it and dump it.

Built the perfect stack? Great. Who benefits? If you're lucky, a random man who had nothing to do with the project, who buys the dip. He gets to swing it every night for easy gains. He gets the benefits of its perceived stability and notional value that came from how long YOU held it.

As a man who has a stack of GRT you are LITERALLY dedicating at least 5 years of your life simply to hold riches for another man to enjoy. It is the ULTIMATE AND FINAL bag. Think about it logically

>> No.29840931

>>29840835
i bought at $2.60, swapped all of it to XLM and have already made my losses back

>> No.29840990

>>29840872
the devs said they were going to do something about the people buying it to speculate on price and warned people in the telegram to only purchase tokens that they intended to use in the network

>> No.29841007

>>29840707
That doesn't even make sense. Why put it in speculation exchanges if they dont want the price to go up. Why not just sell the tokens at a fixed $2 if that was the case.

>> No.29841015
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29841015

>>29840900
sounds reasonable hearing it out loud, just sold everything

>> No.29841033

>>29840707
idgaf, made dope gains and got out with some super sweet profit, once i turn that profit into another x10 im going to back in and delegate for me rupees
idgaf
i like me algos, i like me grt, i like me litecoin
simple as

>> No.29841081

>>29840707
Watch it pump when BTC pamps again. Watch the sentiment of the threads here change when theres money to be made. Screencap this.

>> No.29841122

Just flipped my GRT into Algo like a real chad

>> No.29841154

>>29840900
this used to make sense when GRT crabbed. Now it's on permanent dip. Tokenomics have been exposed. It's over. Straight to single decimal range

>> No.29841159

>>29840900
KEK

>> No.29841162
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29841162

I read this FUD yesterday and it said it was 3$, keep your shit together

>> No.29841212

>>29841122
algo dumps tokens if the price goes up to fast to keep the price 'stable' and the apy for staking is shit

>> No.29841235
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29841235

>>29841162
Why all fucking fud lately? Look at the whole market, if this were a scam like MCDC i'd understand but jesus christ you impatient 14 year old retards just start freaking out every time anything dips 2%. Sack up dumbasses and lets make some money.

>> No.29841308

>>29840707
If this were true, grt would remain non fungible. But it's not. You can swap it for other currency.

>> No.29841450

And fuck tokenomics, they dont mean a lot in a stupid market like crypto. Look at dogecoin, that shit is perpetually pumped by normies in spite of the creators wishes. Look it up, its pretty funny. He made a inflationary meme coin and against his demands, people made it worth something. Hang in there retards, if ADA can make it without a product we will be just fine

>> No.29841474

>>29840931
stellar is also a crabcoin desu

>> No.29841482

>>29840990
They are building the justification for when they dump their bags on everyone holding it. They will say they warned you and get legal protection by distancing themselves from the pump and dump they probably gorilla marketed.

>> No.29841569

>>29841212
>brainlet take

>> No.29841638

This whole thread is bullish. I was debating selling to buy back in ba king on a crash to at least my initial entry point but now im thinking when the crash comes we will be lucky to see grt dip to 1 dollar...
Anyway your fud campaign is shit so its gonna end up creating the opposite of your intent.

>> No.29841641

>>29841212
GRT does it even worse, and the delegating is just a mess of fees and rugpulls

>> No.29841790

>>29841641
yea im saying theyre both shit read the thread

>> No.29841802

>>29841212
Look at GRT and Algo right now on the daily. Which one looks like its recovering better from the retrace? Algo does. Its not difficult. Plus I started that algo dumping to stabilize the price fud back when I was still accumulating. True statement

>> No.29841933

>>29841235
This. Look at it this way, in a given span of time starting at when you bought, there is one high and one low. The chance you bought the absolute high is quite low (and diminishes as you increase timeframe). By selling lower than you bought you are guaranteeing loss, whereas otherwise you would have a low risk of loss, although severe. I say hold forever and ONLY cash out in the green. Warren Buffet's two rules of trading:
1. Don't lose money
2. See rule 1

>> No.29842093

>>29841802
na i came up with that fud and its true you can literally get better apy holding boomer dividend stocks than staking algo its trash

>> No.29842123

>>29841933
I know you cant trust everything you read here but the red wojacks are getting out of hand. Im guessing this is just orchestrated FUD to loosen weak hands but I dont understand why these idiots who bought @$2.80 are selling now that its $1.70. Seriously just wait.

>> No.29842205

>>29842123
>just wait until it goes down to <$1 when the 3 billion tokens dump

even the retards that bought this shit at $2.80 arent that stupid

>> No.29842636
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29842636

>>29842205
You do you. When BTC is on the up and up again Im riding the wave to $5

>> No.29842678

>>29840707
Use it it for what? People just want to trade it for profits.

>> No.29842708

>>29842636
yea me too i got 30k grt