Nexo got news of governance voting (which i'll be voting no on) in lieu of dividends which gave the intial fomo buy in with the low price range we are trading in with the start to recovery with btc behaving last few days. Immediate rejection at our prior resitance ~2.85. will be looking to build momentum up and retest this area to try to get back above and build as a new base of support moving forward. Good Luck out there, blood in the water
What's that strategy you are using?
Looks interesting...
flai54
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Voting no is the wrong decision. Voting yes is the only option to ensure interest for everyone.
TheKnown
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@flai54, voting yes is for people who are in late and aren't interested in long plays or actually holding on platform for any extended period.
Voting yes will entitle you to 30 days of 12% interest before they pull that rug out on you entirely. Voting yes only rewards new users and not the users this company and platform have been built on the back of and are only fishing for per dollar token price. If NEXO is truely going to be the bank/exchange entity they state they will then giving up entitlement to profits is a silly choice for a undefined non permanent interest on a token that becomes obsolete aside from decreasing interest percentages on loans once security aspect is removed
Looks interesting...