holding SALT what to do

[Anonymous No.5756081]

Have held SALT 2 weeks, still up 2% despite the dipping price. Do I hold for a pump or sell this shitcoin off? Doesn’t seem like it’ll be hitting the 27 usd valuation from their platform..

[Anonymous No.5756130]

>>5756081
I sold all of my Altcoins and put it into this shit coin

I’m just going to hold until it goes up around the $20 mark,

Not sure why it’s dipped like this, I’m surprised

[Anonymous No.5756155]

>>5756130
It's dipped because of people like OP, he doesn't understand it at all, the weak hands are unreal

[Anonymous No.5756180]

>>5756155
It’s a crazy operation they have going there, their loans are going live soon

No idea why this isn’t mooning like crazy

[Anonymous No.5756199]

>>5756180
Because the whales decided that shitcoins are mooning this week

[Anonymous No.5756306]

A few considerations about Salt future price and arbitrage.

SALT owns 55% of their tokens currently, that means the market has a potential of 60M SALT

To that 55% of SALT market cap you need to add holders who are not interested in using or selling their SALT until a specific price is reached, this could mean years of market unavailability for these tokens.

There's 300M in loans pending, that's a potential sink of 25M SALT, rising SALT lending's holdings of the token to over 70%.

That means over 70% of the tokens will have a price tag of 27.5 within the next weeks, while an unknown percent will have a higher one.

Sell orders in exchanges will simply run dry and people interested in Salt services will need to go to their platform.

Give this 2-4 weeks, and if what I wrote doesn't reflect what's happening, sell.

[Anonymous No.5756394]

>>5756081
What is the interest rate?

[Anonymous No.5756428]

>>5756081
Sounds good. Just bought 1 ether worth.

[Anonymous No.5756474]

SELL AND BUY ENIGMA EASY 10X END OF JANUARY

[Anonymous No.5756504]

>>5756306
This is my general thinking. We're not seeing movement because the loans are still processing. Once people start receiving their money and the proof of concept is shown to be viable, it should shoot up to $20 bare minimum.

Or it could all come crashing down tomorrow because it's an exit scam. Who the fuck knows. I'm holding my stack for now though.

[Anonymous No.5756643]

Another thing to consider right now.

See these orders? Someone is intentionally selling small quantities at a lower price than the buy price to hold the price down and shake weak hands.

[Anonymous No.5756671]

>>5756643
What would be the point of that?

[Anonymous No.5756706]

>>5756671
Accumulating by shaking weak hands, this happened 1 minute after they managed to hold the rise to 93k with this price suppression.