Quote from: Poker Player on February 22, 2021, 06:26:51 PM

Quote from: UserU on February 22, 2021, 04:19:44 PM

Quote from: slaman29 on February 22, 2021, 11:38:59 AM

Only thing is not everyone in crypto treats investments longterm. Weak hands are good for those late in the game though right guys? Wink

Haha, I can't agree more.

Earlier on, the price of BTC slid from 28K all the way to 51K. Those newbies really had a fright just like those pre-2018 veterans back then Grin

One thing is the price of Bitcoin and another thing is what happens to the price of shitcoins. I am a long term investor in Bitcoin and in the stock market, I have been for quite a few years now. But to think that shitcoins are going to behave like the Bitcoin or the S&P 500 is quite naive because in most cases the only thing they are good for is to lose purchasing power in terms of Bitcoin. That is when they are not part of pump and dump schemes from which only a few benefit.

Regarding the FUN token, I see it quite wrong. Today it is even going down in $ terms. I think all of us who buy are at a clear loss whether we reference it to the Bitcoin or the dollar. And I also think this is not what the Freebitco.in team expected.

I invested in the token, and it is the only time I have invested in a shitcoin, because Freebitco.in is behind the project, but I plan to cut losses on March 15 and forget about it.

Quote from: justdimin on February 22, 2021, 06:24:55 PM

I also believe that because of the addition to freebitco.in there was an "unnecessary" increase in the price of fun tokens, obviously the market decides what the price is but it went up too high lately, it was too much of a pump and obviously just like any pump there was a dump afterwards.

Yes, but the pump occurred just before the token started to be sold on the freebitco.in website. And the dump started just a bit after people started buying. Food for thought.

Seems this didnt age well
this didnt age we