Big picture, Algo is a 5-10 year play. Get your big boy pants on and show some patience. It'l be worth it if you believe in merit and pedigree. The functionality & utility is unmatched.
Daniel8787
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Algorand might even go to zero if bitcoin continue dropping, it drops even when bitcoin goes up.
The only time that Algorand goes up is when bitcoin consolidates slowly
Jasonwnyc1
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@Daniel8787 Yes that seems to be the case. Algo keeps getting squeezed.
Nickquick7
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Hate to say this but this is gonna tank. A lot of pipe dreams here in my opinion.
@Jasonwnyc1, Most of us in the community are happy to see it dump so that we can accumulate. The value of the tech and the outlook doesn't change. If I see it below $1, it's go time.
Breaks 1.23, it’s continuing. Hold above, we good back to 1.40
Jasonwnyc1
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it all looks like the entire alt market is bleeding relative to Bitcoin so if/when bitcoin cools off we should see a bounce but I think we’re still very much in Bitcoin season at the moment 💁🏻♂️
jalapablo
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Yes, I think it will go pretty soon. My target is around $2.00