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Let me share with you a few thoughts.
In 2018 I lost everything with #Elastos.
Started to DCA around 40$.
Capitulated in November around 3$ after a +90% loss.
Today I bought 1750 $ELA at 3,2$ after a breakout of a massive range of 800 days of accumulation.
In 2018 I lost everything with #Elastos.
Started to DCA around 40$.
Capitulated in November around 3$ after a +90% loss.
Today I bought 1750 $ELA at 3,2$ after a breakout of a massive range of 800 days of accumulation.
The non-logarithmic chart looks like this.
Depressing, isn't it?
This is what a bear market does.
It almost killed me, luckily decided to move on.
Depressing, isn't it?
This is what a bear market does.
It almost killed me, luckily decided to move on.
Few lessons in there.
1) Never marry a bag. Keep your emotions away
2) In the short term, fundamentals don't matter.
3) You can 'like' a project. But you're not an ONG. If a project doesn't deliver/make lies/ don't respect investors; don't deserve your hard-earned money.
1) Never marry a bag. Keep your emotions away
2) In the short term, fundamentals don't matter.
3) You can 'like' a project. But you're not an ONG. If a project doesn't deliver/make lies/ don't respect investors; don't deserve your hard-earned money.
Some projects are ahead of their time. I genuinely think #Elastos is one of them.
Very hard to understand & to realize their real scope, though. Amazed me the first time, probably will again.
I have a lot to read to catch up. But seeing the project 'alive' it's a good sign.
Very hard to understand & to realize their real scope, though. Amazed me the first time, probably will again.
I have a lot to read to catch up. But seeing the project 'alive' it's a good sign.
