Somehow I appreciate the firm's conduct so they can get rid of the pump and dumpers, ready to make a quick bitcoin without any actual interest in the asset they hold. Lots of people here think that Monaco is just a game consisting in waiting for announcements to be made. They want to play. So the MCO people let them play.
Hopefully, most pump and dumpers will give ground so only serious investors will be involved.
There will always be pump and dump , in every crypto's market, not only MCO! All people want to make profit, in any kind of bussiness, not only crypto, so, if the pump and dump dissapears, how do you earn from your investment? Every crypto is a game, every investment is a risk, you may win or you may not! As for serious investors, let's be honest, everyone wants profit, they dont invest just because they are in love with the project itself!
Hi lonesomestranger, I see what you're saying. Of course, every investor wants to profit. The problem is that recently, regarding Monaco, there has been increasing focus on pumping in order to dump. People seem to be obsessed with that. This obsession does not belong to someone who believes in a project.
I think that preannouncements, or annoucements that an announcement will be made, indicate a strategy: getting rid of those who are not "true believers".
Please remember that every company would like to have only "true believers" for the project they are accomplishing.
If you are a true believer, then you know that Monaco can do much more than a small profit.
imagine if Steve Jobs would cancel last minute presentation to keep only `true believers`. Dont think Apple could rise so high in that case.
It`s all about delivering the promised, and MCO yesterday had a second chance after missing Sept target, but failed.