Re: [ANN][POWR][UPDATE] *** POWER LEDGER TOKEN SALE STARTS FRIDAY 8TH SEPTEMBER ***
Think hard before buying this coin that went up over 10x and is already in top 30 CMC by now. It's shiled hard everywhere with announcement and partherships fomo. If you didn't get in early do yourself a favor and don't get in at this pumped price, it will start selling very soon since people will be taking big profits on this one. Don't chase!
Totally agree here. Its very risky to get in now and I would stay away from it too. Always remember: buy low, sell high. Not the other way around. I know fomo can be tempting sometimes and of course nobody can predict the market and maybe POWR is going to rise even more, but what are you going to do if its not? I would not bet on it cause there is a lot of hype and fomo buying that is happening.
is it worth buying it at this price?
I would definitely wait for a dip. But thats just me. Maybe there wont be a dip soon so buying now could also bring good returns. Nobody can predict the market!
While you were waiting the price did a max of 11500 satoshi. Always remember: the beginners buy low sell high while the experts who make money buy high sell higher. Classic market psychology: in order to win in the long term you need to do the opposite of a beginner. The beginners take comfortable actions and loose while the experts go agains and are counterintuitive. You're welcome for the explanation.
Remember: buy STRENGTH not weakness!!!!
agree nobody can predict the market. Right now the volumes are insane for POWR
Guys if I could help with this debate . This is not a financial advice , it's up to you but you can do all that you guys described while mitigating risks.
Ex: you have 1000$ to invest and you made the decision that you want to be in that coin. Invest 20% regardless of the pump and wait couple of days to see how it goes. Invest another 20% and wait and so on to spread out the cost over 10 days let's say. Unlikely the trend stays the same over 10 days. If it's to crash at some point you won't loose the max and if it pumps you won't earn the max either . Meanwhile this means you will have time to observe and assess further this opportunity. How does sound for you
