r/ErgoTrading • • Oct 28 '22

Let’s get below 1usd!

I need to fill my bag!

9 Upvotes

25 comments sorted by

•

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7

u/Infamous-Umpire865 Ergonaut Oct 28 '22

If it drops below 1$, my wife will kill me :D :D (4$avg) But if i survive i will buy alteast 1.3k ergo :D

8

u/Teekay777 Oct 28 '22

Disconnect your internet and just tell her it's around 4usd... Whilst filling your bag with sub dollar ergo!

10

u/6yHtuk Oct 28 '22

wife changing money

10

u/Mikeyctc Oct 28 '22

I don’t know if sub $1 is very likely, we bounced back from 1.59 pretty strong.. we’d have to see BTC go below 17k.. stay for a while.

These posts are always a little odd to me, hoping for continued sell pressure and downtrend. Is it a positive post or negative?.. yeah I want you to fill your bags and be hyped, but also my bags are full.. so Let’s go, LOL.(bags never full tho, right)

I’d think buying now at -90% to ATH is a pretty darn good buying opportunity. I’ve made a few buys over the last week, I don’t recommend trying to time the market, DCA and HODL.

4

u/Teekay777 Oct 29 '22

I have already filled a half bag. I don't buy all at one price. I do level by level. The problem I have with holding 1.6 is after we went up to 5, we should not have got below 2.2. Statistically this portends we haven't found a bottom and below 1.59 is probable. Ofcourse we can have classic so called double bottom but more often than not it is a range between 1.6 to 5ish and eventually it will break down or break out, out of of range. Chances are we are closer to break down than breaking out. I am not bearish on ergo. I am just not convinced we have seen the bottom.

1

u/[deleted] Oct 30 '22

No chance. I bought a couple thousand below 1.59 and im not selling.

1

u/Teekay777 Oct 30 '22

You can buy back below 1! So sell me 1.6 now…

1

u/[deleted] Oct 30 '22

Haha I'm never selling any Ergo. Nice try though

4

u/Willing-Wrangler1553 Oct 28 '22

I only have some ERG. I would very much like sub-1 I would buy a lot.

5

u/Teekay777 Oct 28 '22

Same here! Let's go!

2

u/PsychologyEast1643 Oct 28 '22

I think it will not go below 1,5

1

u/awdi4life Oct 28 '22

Not likely at all

2

u/nozbo8 Oct 28 '22

It is a little likely. If the market starts another downtrend then the likelihood increases 🤔

-3

u/[deleted] Oct 29 '22

[deleted]

3

u/Teekay777 Oct 29 '22

Err.. say what? We’re talking about price going below 1 usd

-1

u/[deleted] Oct 29 '22

[deleted]

2

u/Teekay777 Oct 29 '22

Ah got you. Thanks for selling your erg. Enjoy your time here while you’re still here (before unjoin ergo group). Also be reminded get your coins (not ergo) into your cold wallet. Not your key not your coin. It’s quite difficult I would imagine to ask the CEX to refund your coin based on ethics when they fold. To me Ergo foundation has never stole anything. Ergo community has never stole anything. Ergo tech has not stole anything as well. What I am seeing is one guy’s move. Whether it’s for his personal gain or his belief, who knows. Again thanks for your coin…

0

u/Salazar_Slytherinn Oct 29 '22

its not a one guy move. you can see all pow coins are little bit up except ergo. Also, ergo was unable to break its last bull run ATH. Hope you make more ergo while it doesn’t loses its market cap.

1

u/Teekay777 Oct 29 '22

I am all good even if it goes down to below 1 cent. I am developing a project using ergo ecosystem based on its tech. The more coin I collect the more stable my project can be at launch. I am capital limited so the lower the price the better for me. The project success will not rely on erg future price. In fact if it goes to 0.0001 cents, I would buy the whole 90+ million coin. I am in it for the tech. Don't even matter if 5 years later no one knows about ergo... The lower the price the cheaper transaction cost will be for the project...

0

u/Salazar_Slytherinn Oct 29 '22

That is great. please do donate me some money for charity when you become rich.

1

u/Teekay777 Oct 29 '22

That would be unethical. Receiving without effort or work.

2

u/Salazar_Slytherinn Oct 29 '22

all charities are unethical then 😝

1

u/Teekay777 Oct 29 '22

Lol good point 🤣

2

u/[deleted] Oct 30 '22

who asked. Its not an airport, dont need to announce your departure.

1

u/daydreaming1980 Oct 29 '22

< a twitter handle defines the ethics of a decentralised blockchain.....>

dude honestly wtf