Papou

AMP tripple bottom, accumulation over?

Long
POLONIEX:AMPBTC   Amp / Bitcoin
5
We see a classic tripple bottom pattern form, as all alts stabilize holistically in the market from the recent sell off. Crypto has way too much mainstream attention right now for it to be over. Some traders capitalized in the short term going to fiat, good for them. Over all in the bigger picture, we have seen significant increase in both trading volume and market cap. As each day passes, more and more investors and traders gain access into the fiat/btc gateway, due to when you bring serious money in this game, there is a unique process and it takes time. We have a lot of dumb money in crypto and are fairly small so short term people really get way too emotional and dont make the right decisions and the bigger pools of money capitalize on it because at the end of the day, we are investing in projects that arent even yet fully developed. If we did it in a traditional sense, we wouldnt be able to actively trade our investments until the company makes or breaks it. Sure there can be efficient plays if you catch them at the right time and have the balls to play some swings. Certain coins though are meant to be buy the dip over a long period of time. Synereo is one of those and long term we are in for a ride. I feel terribly sorry for those who will get shook out due to emotions.

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