as I said in last post I would be holding this position , unfortunately its changed. In times like this when capital is critical is better too not gamble on coins that pretty much resemble "Ponzinomics" there project isn't really sustainable , I seen a destroyed chart with major CEX listings and my gambling mindset said lets go. However im still up on this trade / looking to start cutting (already sold 20% at 124) and cut the whole thing around 150 and allocate capital in value not speculation
Comment
⋅
position was fully closed at 120 for roughly 22% profit, don't see much more life In this , but for those who bought in the 300-400s I hope it pumps for ya make sure to sell this time! . Better allocation of capital is L1s and metaverse
Patience is a virtue. I bought in at $92 and IDC how long it takes to hit my target. If you have the means to "speculate" then none of it matters. ALCX will eventually reach your set target just a matter of time. "Value" in crypto is hard to define but I think most would agree that self repaying loans certainly screams "value" more so than most of the dime a dozen L1s out there. Crypto in general is "speculative". I did nearly 2.5x my investment in APE last week which, of course, was purely based on speculation just a very calculated one.