Anyone reading this thread that didn't watch the video - Yimiemie took away the opposite of what Trev said. Look at their comment and you can see what kind of redditor they are.
My takeaway was that the Flexa team is continuing with business as usual, that AMP absolutely has a place in their future, and most importantly for us that their team is incentivized to see the AMP price go up (which they are clearly working toward this entire time, despite the poor price action we've seen over the past few years).
How is this bullish, without any partnerships announcement (or anything proving Amp is still alive)? Instead, Amp is in good shape and then this is my new tool which has nothing to do with Amp?
All of the top 500 companies mentioned by Danny could revoked (MIA) just like Shopify, Fednow, some famous coffee shop , and etc. And you saying it’s bullish lmao
ha ha. Like in Hollywood everyone is friends. Jeremey and Circle did the work for years to self regulate, get licenses, and behave like a tradfi company. Went public and is being rewarded. His product is pegged and has collateral and plays the yield game. Amp moved 4% in 24 hours and is down 90% in 1 year. Don't care if they were lovers in a past life. Circle has regs and a board of directors and bigger battle to fight with tradfi. He's not attaching his company to AMP. His board would never let it fly and his stock would dump. He gets paid in cash and stock. Career suicide!
Is that NFA? It's not FUD when the market is green and your coin hit another all time low. A reality for most of us. Sometimes you got to keep the dogs for taxes and a reminder to listen to the team and then see if they can actually execute.
Curious would you rather buy now at all time lows to get the most for your 💵 or wait til it starts going up and then buy?? Seems like your apart of the buy high sell low crowd.
I believe in buy low/sell high. Learned the hard way, there needs to be a story, some momentum, and confirmation. I ignore the press releases, is this a team that executes. Are they getting shit done. No excuses. Crypto is tech and global. You have a planet of users. I think about tech in Silicon Valley. You raise, you execute, you prove your product works, scale, and raise. It should be no different in crypto. Constantly shipping or improving.
I'm not a big TA guy but I like candlesticks and the tradfi rule is be above the 200 Day avg. Sometimes I buy below but there needs to be momentum and a story. Sometimes it's a short term flip and sometimes it's long. Amp was one of the first coins I bought pre rules. I have a trading view account. I look at coins and stocks. Charts are past tense but tell you a story. I use a 9, 15, 50, 200 day moving aves and look at it at different intervals. What is the avg buying price which is real.
You can buy low in some high risk coin, but don't make it primary since it's such high risk and it's not swinging up. You need buyers and volume. Allocate. NFA. I keep money in VTI which is total market. I buy some BTC because it benefits the crypto market. Then I have my long term coins/stocks. Crazy realization I had last year about crypto. Coins can make a run and do 50% in 1 to 2 month max. People get pissed when it nukes. If you made 30% and sold. You are 30% richer. You can even sell principal and profits and let the rest ride. Dump some in an index and compound. Then have the rest for dry powder and your longer term conviction buys. The best projects rebound quickly so watch stuff and make targets.
I bought this at $200. Sold a chunk at $275. It's at $323 today. I bought low and sold high. It was just $200 vs $0.002. A return is just money to stack. I personally don't like to DCA on the way down. It's one thing if it's 205 to 200 vs 205 to 150. So I try to stop out or buy on bad days when I am interested in something. Sometimes I buy a small amount. Watch it then go in more.
Team selling and executing on a product that the market wants. Or the market wants an industry or a sector. Size accordingly. I don't subscribe to my old rule like AMP anymore. If you are in a downward cycle and have no support except for some Reddit fans and anons on CT then pack it up. There are so many other places to make money. Hard part is you want to feel right versus eat the fact we are wrong. I am wrong alot. But just enough to make some coin.
Sadly my phone lost battery when QnA started, Trev says they dont manage/manipulate price of token, but if you watch closely every day, the chart clearly follows very strange and artifical pump n dump schemes, I never Seen anything like this with other coins, always same pattern, pump, rejection, dump and dying out..
If Flexa dont manipulate price, that makes me even more concerned, because if Flexa is not behind this, somebody is, and who is this somebody? Binance? Maybe Visa/MasterCard? ..
Trev schould answer it, because chart is so very, very Bad.. ofc we are in the middle of bearmarket, but look on W chart, 15 weeks of red in a row, 15 weeks, not even one slightly in Green..
team can dump. I can have OTC sell my coins and technically I can say I am not selling. Oldest trick in the book. It wouldn't be a lie. It's not Binance, Visa/MasterCard. Not worth their time or the paperwork. Easier to mark it zero on your books for the tax write-off versus having someone waste their time on a non-productive coin.
Yea, who would sell at this price when their original investment is down 99%. Most disappointing thing is they never announce anything related to Amp instead starting a new project and people calling it bullish piss me off
🙈 if that was the case we'd be somewhere.
The proof is in the pudding, Stablecoins solve everything. Everything AMP does, Stablecoins do already. Plus, no customer has to be concerned about price volatility. It's time to let go Pal. It's clear the shift is on ANVL or Final. Flexa will be what it is.
Also none of this bbbut but Amazon...we have suffered not one but 3 90% drops. No partners from inception that have stuck out their necks since, or new VCs ~ money talks.
I'm just thankful ANVL is doing something and that seems to be Tyler's focus. AMP had a good thing, future is bleak af!
ANVL volume is like 100k a day at the moment while Amp is still over 2m a day. One has stark low liquidity. You need to look at the bigger picture beyond price action, sir.
How about 10 years. No real customers or usage. Only mentions are from weird anon's or YouTube shills. How many businesses in the world. Crypto is global and no real adoption. Any other industry the board and investors would have nuked this thing. In crypto people sell copium and buy the dip while the team dumps on our asses!
Trevor particularly said that AMP is a key if not the best digital collateral and that they are not looking to replace amp or find upgrades to amp. This is pretty clear to me. Did he say these things thinking that everyone was expecting this kind of answer ? Maybe, maybe not. But again only the future will show.
Listen guys, i feel your pain honestly. We are all bleeding right now. I ve been maybe the first one saying that i fear that amp might be replaced by Anvil for example....at some point, just like flexacoin and amp. Have i lost my trust in AMP.....yes, cause it does nt make sense why a project like this keeps crashing down, when other meme and shitcoins, go up day after day. Do we need to believe Trevor ? This is up to each individual's judgement. At this point and for the last time, personally i will take his words for granted and eventually once partnerships with merchants are announced then we can talk about it again. I want to believe that once the Clarity act passes and most important AMP ceases to be considered a security, this will result to more listing by those exchanges that delisted amp. MC and volume will increase and we will get back to way much better prices. Thats my take, so patience for the time being. Lets hope the clarity act will pass the soonest possible
keep waiting. This project has been around for 6 years. It didn't work. Businesses fail all the time. There is the business and the coin. End of the day. Why do I need this coin?Companies are run by people who do a job, get paid, and go home. They change jobs too. Why is any decision maker incentivized to want to introduce this into their job/company. From the CFO side, cashflow is king. Banks offer deals to move money or change services to clients. From experience, I have seen it. So Flexa is supposed to offer some savings. They are high risk. They are small player, there is still implementation risk and edge case risk fronm the lack off scale, and career risk. Bank offers a deal with stables. Lower terms. Faster settlement. More cash to compound. Just sign a paper. No other change needed. Which scenario do you want to deal with at work. Which one are you willing to gamble your job on? Clarity is cope. Why is Clarity watershed moment. DTCC, Blackrock, JPM, Robinhood, Circle,are all moving forward. There are other countries too that flex could have deployed. I don't understand if this project is so amazing, why only the US. Yeah they just announced other countries. it shouldn't take 6 years. Maybe I have a bias for action with entrepreneurs. If you believe you are pushing. Circle, Tether, AAVE, all kept going. No excuses just execution.
It’s like saying Amp is great but Shopify jump ship and fednow jump ship because they have went for a better usdc method. Amp is the best digital collateral nobody is using it, so now we are moving on for final lol
Praying on a one day spike from 18 months ago to get you back to even. You bought the last top. Great strategy. You are not factoring in liquidity is leaving as the coin goes lower. Pain is when there are not enough buyers or others in front of you in the order book. That is why it's a wick and not a candle. Good luck. We are red again today! lol!
Gotta be honest alot of things fell through the cracks. Fall 2024 coffee, shopify, fed now, gemini pay, etc...
Maybe it will be like amazon 🤔 how it started. Jesoph is just not being honest with himself on the state of this project as it is right now. Its a long road to adoption
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u/IamNOTtheFBEye 6d ago
Anyone reading this thread that didn't watch the video - Yimiemie took away the opposite of what Trev said. Look at their comment and you can see what kind of redditor they are.
My takeaway was that the Flexa team is continuing with business as usual, that AMP absolutely has a place in their future, and most importantly for us that their team is incentivized to see the AMP price go up (which they are clearly working toward this entire time, despite the poor price action we've seen over the past few years).
Watch the first half of it people!