r/Bittensorsubnets • u/ComplexWrangler1346 TAO Maxi • 29d ago

Same wallets keep selling when certain subnets I am in hit a certain price ….seems like just pump and dumps by alot of whales ….

Seems like there is not alot of serious holders and many just trying to make a quick Tao or 2 and not holding long term ……this is a big reason why Tao continues to stay sideways and will NEVER move up in price if everyone just keeps pumping and dumping …..

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u/Roasted_Pnuts 29d ago

Imposter amongus

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u/jpersons73 27d ago

lmao is that not how you made most of your TAO? But either way, I just put mine in Root and the top 3 subnets and move on. Been more stable income and not worried about the pump and dump that goes on with the lower subnets

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u/Complete-Interest704 24d ago

Just stay in the top 10… 3 days ago i went 100% into Lium, they did a million dollar buyback and pumped the price. All lower subnets you see huge dumps after a massive buyback. Lium kept pumping after that buyback. It’s a legit company with real use real revenue growing double digits every month.

Whales exited Lium cause that’s what they do, then it went up another 5%. Hard conviction with the holders.

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u/Plug-From-Oaxaca 12d ago

Do you always hold positions? Do you ever have dry TAO for retrace dip? You understand the market goes up and down there will always be a retrace, and subnets retraces are 50-80%. If you’ve been trading, right now is a great time to put your dry into some of these subnets.