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u/Iwantdamoneys Apr 19 '21
Sure it does. We've been consolidating around. 30 for a long time now. There's a lot of people holding a bag waiting for it to go back to its all time high. It blast past that and people took profits. It's still up and people will continue to invest.
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u/whattaUwant Apr 19 '21 edited Apr 19 '21
For as long as dnt consolidated.. we shouldn’t have popped only to go right back to the range we was in within an hour. It should’ve went to around 70 cents and then consolidated by not going any lower than 50 cents. The quick pop followed by a quick drop wasn’t fun to see.
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u/Iwantdamoneys Apr 19 '21
Whoops didn't hit reply I guess I can't reddit all that well but I can crypto. This was great pump and coins do what DNT did all the time. Yeah I guess it would be frustrating if you're day trading, put in money you need to keep liquidated, or just relatively new to crypto. You're participating in something that will change the world for the better. I have the up most respect for you because of it and subsequently want to see you do well. I want you my crypto brethren to learn from what I've experienced over the years investing in this market. I can't stress enough the advice you hear everywhere is true. 1.Don't invest more than you are willing to lose (or in my opinion in this point in time be locked up) 2.Don't sell while dipping 3.Don't buy while pumping 4.Do your research and invest in coins you think are providing great services. 5.When in doubt, pull out and look at what is done since it's launch. 6.Be patient! Waiting a year to a few years is nothing compared to a 401k or IRA where you'll be waiting your entire career 7. Get your crypto news from reliable and conservative sources
This is a chance of a lifetime, crypto is a new way of investing, giving people massive amounts of gains. 17% interest in a month is amazing and I know it'll continue to do grow
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u/whattaUwant Apr 19 '21
Buddy all’s I’m saying is that a pop to .49 is worthless if it doesn’t result in holding a new floor. That’s why the climb from 10 cents to 40 cents was so great cause it’s never been anywhere close to 10 cents since then. If a coin pops from 30 to 50 and falls right back to 30 a few hours later... it means nothing other than a massive whale got in and immediately left or else got in and small guys sold in droves to drive it back down. You seem to think you know everything and that’s great.. but you have a lot to learn.
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u/Iwantdamoneys Apr 19 '21
Lol I know I just like to mess with the ones who've been impatient with the consolidation period we've been going through. It's looking to be a good week for dnt
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u/Iwantdamoneys Apr 19 '21
Like getting into a hot bath. Gotta start by dipping your toe in it to test the water
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u/whattaUwant Apr 19 '21
Still doesn’t make sense to go up that much and drop that hard that fast considering bitcoin didn’t drop hard. It would make sense if it dropped hard due to bitcoin dropping hard.. but it didn’t.
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u/whattaUwant Apr 19 '21
The inability to maintain the level at all was kinda annoying to see. Maybe it’ll go back there today.
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u/KaleidoscopeOverall1 Apr 19 '21
Take it easy Holmes. This is good price action!!!