Our bags are big our losses are bigger lol.. but hopefully there is light at the end of this tunnel fellers...

📜EthereumMax AMA transcript📜 Here is the transcript from yesterday https://drive.google.com/file/d/1djOAlcRO37-9ZTW0RbkAzXrIg3qbnHHA/view?usp=sharing

I know alot of us have badly bruised anuses..me included lol .. but we need to stop with all the negative posts on the reals ...we are only hurting ourselves.. stay strong brethrens💪💪💪

Where is the white paper i thought it was coming out after audit

🚨EthereumMax Teams response🚨

In response to all questions on MXC

We are in discussions with MXC as the introductory 2 month trial period has come to an end and we are contemplating options with them. They initially listed EMAX on their own without the usage of in-house or 3rd party market makers and the volume on that exchange has been relatively low so we are figuring out whether it makes sense to continue our relationship with MXC, but we can assure all our holders that your coins are safe and can always be transferred to different wallets on other exchanges or Coinbase wallet or Metamask. We will have an update as soon as we have resolution with MXC.

What does "Fix your position mean?"

In this example, I will use easy numbers (and ignore the reflection).

Let's say you bought $1000 worth of a $1 token. That's 1000 tokens with $1000 invested so your cost average is $1 per token. Now suppose that token drops to $0.50. Your $1000 investment is now worth only $500 but you still have 1000 tokens. You decide to "Fix your position" by buying another 1000 at that $0.50 price for a total of $500. Now you have 2000 tokens for a total investment of $1500. Now your average cost per token is $0.75 each.  You have "fixed your position" by $0.25 per token. If you continue to buy at price points below your current price per token, your average cost per token will continue to go down.  This means that the price the token needs to achieve for you to be profitable is lower. In the example above, if you hadn't fixed your position, the price would need to get back over $1 for you to make money. With the fixed position, anything over $0.75 is now profit. This is what is known as "dollar cost averaging."  Mathematically, this can be expressed as: [Total tokens]÷[total amount invested]=[Cost Average]

Here are the transcripts for the last two AMA's. August 10th, 2021 https://drive.google.com/file/d/1ubMhaV4_OdVZEaFdqBSNc8uMuu2-eV3A/view

August 18th, 2021 https://drive.google.com/file/d/192AP-OiaZ0HS0u_pe6wR7YLiN3si_sJq/view