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You can't just copy & paste the previous cycle and expect the same % return, because trends can't keep the same angle
As the market cap of an asset grows, it becomes harder to move the asset since more capital is required. That’s why in the first cycle we see the wildest uptrends & steepest corrections.
In 2014 Monero (XMR) had a downtrend of -64° Next Cycle -64° turns into -41° as XMR gains more capital & participants
Now we're in the 3rd downtrend and it's even less aggressive - only -18° (and I expect it to take more time to reach the bottom)
I also like the math: 64-41=23
Every next downtrend is less steep by 23° 41-23=18° - perfectly matches the 3rd downtrend we're currently in Same math can be applied to the uptrends. So we can expect the next Uptrend have 25° of steepness (it will take several years to reach an ATH)
What does all this mean?
Well, probably you should look for opportunities to participate in the first cycles. Forget about old coins (since they also lose in technology to new projects and become less relevant) and pay attention to the new ones. Accumulate them after the downtrend 1 and multiply your capital during the following uptrend.
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Cryptobullet, you are just one of those that know sh1t and trying to pretend they know more. Your Telegram is so ridiculous... Show now your Excel with the profits... You can make a sum of the losses the same way you do with profits :) I consider you as a scammer, nothing else.
i8myapl
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boooo Monero. ZCash (ZEC) is sechduled for the NU5 upgrade on May 31st. ZEC is maintaining its value more, and the upgrade will only make it more attractive :D
IT s definetely not an old tech , never been so new !
NEXT major update is july 16th !
WAKE UP PEOPLE !
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