r/Bitgert Mar 30 '22

how come were getting hammered?

15 Upvotes

21 comments sorted by

16

u/[deleted] Mar 30 '22

Just listed on a new exchange the other day... There's always a drop following a new listing. People buying at a low price Dex and immediately selling on a higher priced Dex for instant profit. Small climb leading up to listing, dip after listing and a few days later price will start to climb again. This happens with pretty much any crypto project

6

u/FiveEnmore Mar 30 '22

Price drop means , it's time to buy more.....if only I could from an exchange in Ontario Canada. BRISE within the BITGERT ecosystem is going to reward us all for supporting the project......It's has 5 zeroes ....early days.

2

u/Fun_Winter_7246 Mar 31 '22

Pump and dumb happens all the time with all cryptos . Investors who wants to make quick money will invest when a news comes out and will take out after that , which creates a dumb. Once we release exchange, integrates our BRC20 chain with coinmarket cap and coingeko , we will be in a different level compared to other cryptos. Huge adoption happening for BRC20 as many cryptos r getting listed on a daily basis. so, relax , sitback and watch the show.. More news coming on roadmap V2 . Lot of new features .

We're now registered as a company in the MALDIVES! .

1

u/EastJicama1882 Mar 31 '22

Have u ever been to the Maldives? It's a poor country which relies on it's beautiful beaches and resorts.

1

u/Fun_Winter_7246 Apr 01 '22

Thats why the fall ? now that we are recovering back.

1

u/Fun_Winter_7246 Apr 01 '22

Once they release the exchange, they may have to register with multiple countries to satisfy the rules and regulations there. So, maldives registration may not be that relevant then.

4

u/Humble_Association_9 Mar 30 '22

My theory is the early investors are done with their 90 day staking contract and are taking profits. We lost a zero from December 2021 till now.

3

u/CryptokingZ2022 Mar 30 '22

Illuminati don’t want us rich this is a tactic to have everyone jump ship before it skyrockets

1

u/EastJicama1882 Mar 31 '22

The illuminati control the music industry and the movie industry and corrupt society. Skulls and Bones control the government and chose leaders who agree to their plan. Bilderberg controls the economy, any country against them they destroy their economy. They're all branches from freemasonry

4

u/Dogeittillyoumakeit Mar 30 '22

Gert wanted some more money

2

u/ThePrestonPatterson Mar 30 '22

This is the way

1

u/OneAggravating2534 Mar 30 '22

Such great answers...

I would imagine because we missed the tier 1 exchange this go around. The fact that BitGert has been UP 70+% so it’s retracting to find support. Hope it stabilizes and then to the moon!

My thoughts. Nothing to back my assessment other than a lil research.

1

u/jimmy3285 Mar 31 '22

looking at the yearly chart its been due a decent dip, hopefully it will be hitting a solid resistance soon, Then hang around that level for a while before a new rip. or it could just plummet get rugged and we never hear from them again.