Quote from: Wiwo on November 01, 2023, 07:11:42 PM

Quote from: Fivestar4everMVP on November 01, 2023, 06:36:39 PM

Jeez

Another opportunity I greatly missed here, when did RLB grew this high? I was looking at this token some time last week and was in between buying a $100 worth or buying some other token which I believe to have better utility, I later decided to buy the other token which had better utility and still watch this for a while since I've not been following the tokens development and process.

How I wished I had bought this, I would be in massive profit right now, that is, my money would have doubled by now, this is completely disappointing, and right now, I just feel it's too late to buy already.

I need some honest opinion here, with 3.29 billion total supply of RLB, and the same number in circulation, how high do you guys think the price of this token can go? Market cap is currently sitting 772 million dollars, is it too late to buy?

Hey mate, don't slap yourself so much because you were on able to choose RLB against the other tokens you chose, it is what it is regardless and since the market is unpredictable just like gambling results, you have to always forgive yourself whenever you failed to make the right selection regardless of what the result may be at that point, and also sometimes utility is not the only feature to look out for when selecting a token to hold, although the utility is also important you have to check how the token road map fits into your bearable waiting time and how much time you are willing to spend in waiting for the price to reach your speculations.

Secondly, it is not too late to buy any token unless you are sure that the current price is already at a pumped price that will make it impossible to achieve another lent of such a pumped price, but if it is still at its basic price pick up level, then you may still be at a gain position regardless what the current market cap is.

You are very correct with all that you have said, indeed utility is not the only feature to look at when selecting a token to invest in, there are other features like the community, the roadmap, the partnerships and so on.

Atleast, we can draw examples from all this meme coins flying around and doing tens to hundreds and thousands of Xs in a day, 99 percent of them have no utility, people simply invest heavily on them based on pure speculation, and the irony of the whole thing actually is that, the meme coins with some form of utility aren't actually doing as much good as those purely based on speculation, does it mean that people don't actually invest in tokens with good utilities?

Anyways, for the time I made the comment you replied to, I think it was a bit late to buy RLB then, since right now, the price have lost more than 10 percent from the price yesterday, and this actually confirms the advice which say investors should never buy a coin at its all time high, cus there is always a very high chance that old investors will cash out and possibly dump the price back down. Though the price of RLB is still doing good at around $0.2 dollars, I personally believe the price may drop further, if the team does not come out with an update that may trigger another buying spree..

Anyways, I will just wait a bit further to see what happens, may buy in if the price drops below $0.15.