Hey guys!
⚡️I know not much of you are on synthetix and don't deal with that but wanted to put this chart out there for you guys anyway, I don't really have to say or explain much for you to see just how big of a drop we've experienced and just where we are now on the chart. But if we're being honest, most of the crypto sector is like this as well. What matters now is the utility and synthetix has an amazing utility like none other virtually letting you trade almost anything.
⚡️On top of that synthetix has even had it's EMA's flip yet on the daily and whenever that happens you can see just how dramatic the move gets. We've already seen that 100% move this week and that was from a simply proposal that albeit simple, was still pretty groundbreaking.
⚡️Synthetix as well as a lot of other crypto's are at historical lows and honestly, this isn't such a bad time. It's not bad to wait either of course but nonetheless these prices are historical lows thanks to the general market and don't correlate to utilities and show actual worth yet thanks to everything being down. I think once the market starts moving and feeling better and we get back into the groove of things, this is gonna be one of those kickers that well, we are already seeing the utility and project being put to the test with huge volume and liquidity so we know that it's not some façade like a lot of others.
⚡️I'm gonna end my idea here but basically, hey, this may not be such a bad thing to sit in long term. Even if we we're to only go up 50% of the way we did last time, we'd hit that $15 mark by which point we'll be sitting on a profit of 100%+ easily a few times over. Now I'm not here to call it out or say it's gonna happen but if we simply look at past trading action as well as history we know that stuff like this happens, and sooner or later, things are gonna come back up, but now, now is the time to change your future.
Thank you guys and have a good one, if you'd like feel free to leave a like and follow as always, thank you!
⚡️I know not much of you are on synthetix and don't deal with that but wanted to put this chart out there for you guys anyway, I don't really have to say or explain much for you to see just how big of a drop we've experienced and just where we are now on the chart. But if we're being honest, most of the crypto sector is like this as well. What matters now is the utility and synthetix has an amazing utility like none other virtually letting you trade almost anything.
⚡️On top of that synthetix has even had it's EMA's flip yet on the daily and whenever that happens you can see just how dramatic the move gets. We've already seen that 100% move this week and that was from a simply proposal that albeit simple, was still pretty groundbreaking.
⚡️Synthetix as well as a lot of other crypto's are at historical lows and honestly, this isn't such a bad time. It's not bad to wait either of course but nonetheless these prices are historical lows thanks to the general market and don't correlate to utilities and show actual worth yet thanks to everything being down. I think once the market starts moving and feeling better and we get back into the groove of things, this is gonna be one of those kickers that well, we are already seeing the utility and project being put to the test with huge volume and liquidity so we know that it's not some façade like a lot of others.
⚡️I'm gonna end my idea here but basically, hey, this may not be such a bad thing to sit in long term. Even if we we're to only go up 50% of the way we did last time, we'd hit that $15 mark by which point we'll be sitting on a profit of 100%+ easily a few times over. Now I'm not here to call it out or say it's gonna happen but if we simply look at past trading action as well as history we know that stuff like this happens, and sooner or later, things are gonna come back up, but now, now is the time to change your future.
Thank you guys and have a good one, if you'd like feel free to leave a like and follow as always, thank you!
