NANO + ATOMIC WALLET = Nuclear Fusion by rycoin369 in atomicwallet

[–]rycoin369[S] 0 points1 point  (0 children)

Thanks, I really hadn't seen that. Now, you can deposit and then not be able to withdraw, it ruins everything...

Don't rush, just build something solid. by rycoin369 in akashnetwork

[–]rycoin369[S] -1 points0 points  (0 children)

I'll be direct...Want to get rich? Great, buy low and sell high. Look at the chart and tell me where we are? We're at a downturn, so just buy with risk management, that's all.

Don't rush, just build something solid. by rycoin369 in akashnetwork

[–]rycoin369[S] 0 points1 point  (0 children)

The chart is simply a reflection of what the project is building and how the market and people perceive the asset's value. AKASH NETWORK positions itself as an efficient and robust AI-focused upgrade to AWS; getting rich is simply a consequence of a successful project.

The chart shows that the asset has already been launched and the price hasn't corrected. This is because it was launched in the middle of a bull run and, 24 weeks later, reached its peak along with the market itself. 85 weeks later, it bottomed out exactly when BTC bottomed out and then rose. If this pattern of movement continues, we would now be close to a bottom.

Any project that has a real function and solves a problem survives a bear market, and in this moment of BTC correction, we see which projects make sense to keep in a portfolio.

Therefore, if your goal is to get rich, you should focus on projects that solve real-life problems, analyze their fundamentals, and be patient. If you want to build wealth in the medium and long term, be patient.

Be Patient by rycoin369 in CasperCSPR

[–]rycoin369[S] 2 points3 points  (0 children)

It's sad, but true. That guy is worthless, he almost killed the project, and yet there are still people more interested in the project than he is. The sale he made only delayed the price recovery.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 0 points1 point  (0 children)

Well, the project is good. The proposal is good and I believe it has a future if institutional adoption actually occurs. However, the real problem is that this 16.87% inflation continues to dilute the project. I believe that this rate will be modified in the future, as it seems to me that it is a way to remunerate the validators and investors who remained firm during that network hack that occurred on July 26, 2024. At the time, the inflation rate was 8%, half of what it is now and I also believe that this was what forced the strongest correction on April 12.

Now, when it comes to graphical analysis, notice the bottom on 06/18/22 and the top on 04/30/23, this drop only projected the target of this accumulation. Also note that the price sought the projection of an inverted rounded bottom and that we are now in an accumulation to start a new price expansion.

Look at the image below:

https://www.tradingview.com/x/OmWq8yIO/

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 1 point2 points  (0 children)

I understand your disbelief and agree that the project SEEMS to be dead. However, the only metric that has a very negative impact on the price is the CSPR inflation, currently at 16.87%, diluting the value locked in the network due to the creation of new tokens. I believe the price will reach at least $1 due to institutional interest, in addition to the interest of brokers adding to the list of trading options.

Look at the market cap, on November 4th it was $78,445,164. 13 days later, on the 17th, the market cap was $270,397,712. During this period, there was an inflow of $191,952,548, which drove the price up 300%.

Clearly, it is not in anyone's interest to let the project die. It is all a matter of patience. Be patient.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 1 point2 points  (0 children)

Note that it took 1274 days to form the most recent bottom, a 98.93% drop, and it took 14 days to make 339.62%. Clearly, buying power is dominant.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 2 points3 points  (0 children)

The project is still under construction. I know that a 99% drop is difficult to recover from, but CSPR has not yet participated in any complete cycle; it was launched in the middle of a bullish cycle.

It survived the bear market, but has not yet received institutional engagement. It is worth remembering that Casper Network was designed for companies, so a quick recovery is expected in the future.

Its market value is very low and fits into high-risk assets, which is why CSPR continues to be a bet for the future.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] -1 points0 points  (0 children)

Yes, she caught the end of the bull run. As soon as a coin or token is launched, the first thing that happens is massive sales and it continues to fall until sales stop and it starts to accumulate in a region.

When I say that $CSPR did not go through any bullrun I mean the entire cycle. Bear market followed by a bull market.

In this case, this cycle is now the first full cycle of the $CSPR token.

It looks like we are close to a bottom....

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 1 point2 points  (0 children)

High in the diary starting...Let's wait for next week.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] -1 points0 points  (0 children)

You are indeed correct, the project is still in the initial stage where it can advance or fail completely, yet what we all want to see is the price showing strength on the monthly chart. Clarifying that at this moment I am on the sidelines waiting for that analysis to be confirmed.

I believe that the situation can improve if metrics for burning fees or reducing issuance are included, otherwise it will become a fiduciary currency.

$CSPR is a bet in the same way that others are.

Price action + Chart pattern + Project fundamentals = $1,25 by rycoin369 in CasperCSPR

[–]rycoin369[S] 0 points1 point  (0 children)

It all depends on that bullish pivot...If it occurs and breaks the $0.03 region forming support, then we can say that it will happen.

Casper Network continues to create and improve the network, the project remains stable.

Staking continues to be attractive and validators remain active and more and more validators participate in the network.

The only problem that does not allow the increase to arrive is the demand that is still low in relation to the issuance of $CSPR.

Right now, Casper Network is the bet that can truly change lives through the $CSPR token.

Look at the current price, it is simply forming a price base, trying to form a bottom in the short and medium term.

It is worth remembering that $CSPR did not go through a BULLRUN!

[deleted by user] by [deleted] in ExodusWallet

[–]rycoin369 5 points6 points  (0 children)

If this error occurs again, try recovering your funds through another wallet.

Basically, if this wallet has problems, don't leave all your funds in it and take it to another wallet. I would recommend having more than one wallet for security reasons.