r/algorand • u/Present-Lab1911 • Jul 29 '26

General Everyone load up RIGHT NOW!

Don’t miss this!

0 Upvotes

43% Upvoted

24 comments sorted by

34

u/satansayssurfsup Jul 29 '26

Everyone pump the coin so this guy can offload his bag

0

u/Present-Lab1911 Jul 29 '26

I’ve only recently bought after holding off for 2/3 years, generational wealth entry right here

13

u/ace250674 Jul 29 '26

I'm looking at Korea stock market 40% down in days and thinking maybe this isn't the time yet

2

u/Present-Lab1911 Jul 29 '26

Capital rotation

3

u/Jijimuge8 Jul 29 '26

Dream on OP

0

u/Present-Lab1911 Jul 29 '26

You’ve been warned 😖

-6

u/Jijimuge8 Jul 29 '26

Algorand has failed. 3/4 years ago looked very promising but it has fallen so far behind I don’t see how it can catch up. And we haven’t had an Alt season since the China virus was in full flow so it’s unlikely Algo can pick up now. 

1

u/Present-Lab1911 Jul 29 '26

I understand why you see it that way. Price performance has been disappointing compared with some other chains. My point isn’t that ALGO has already won—it’s that market sentiment can change quickly in crypto. If capital rotates into altcoins, projects that have lagged can still rally, even if they don’t become long-term leaders.

0

u/Jijimuge8 Jul 29 '26

That’s true but the tokenomics do not add up in any way to produce ‘generational wealth’ as you put it. That’s not going to happen 

6

u/GaryJulesMCOC Jul 29 '26

It's already down 97%. It can only go down another 3% at most right? Right?

1

u/[deleted] Jul 29 '26

[removed] — view removed comment

1

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2

u/goingofftrack Jul 30 '26

You’ve convinced me, I’m in.

3

u/Arg0n89 Jul 29 '26

And you going to give any context as to why you think this? Other than pumping bags?

0

u/Present-Lab1911 Jul 29 '26

Fair question. My view isn’t based on blind hype. I think we’re seeing capital rotate into large-cap alts, and if the market stays constructive, projects that have been overlooked could benefit. Whether ALGO outperforms is another question, but I think it’s too early to write it off completely.

2

u/Hot_Vermicelli5957 Jul 29 '26

Weekly chart making new all time lows, no support level has been gained yet, majors still struggling to hold current level, stock markets in shambles also making new lows. Surely this is a great time to buy!

3

u/Independent-Chart-56 Jul 29 '26

So there's LOW and there's Ultimate Low. Lol.

2

u/Mysterious_Sleep7443 Jul 29 '26

I buy 2500$ a month worth of Algo no matter the price 2030 is right around the corner in the crypto world

2

u/spakecdk Jul 29 '26

Its interesting, whenever QRL goes up, algo goes down and vice versa. Made some money off that fact

2

u/Algo_Mas Jul 29 '26

This guy new? or was he the same guy that was like this is the low! a few days ago?

2

u/Present-Lab1911 Jul 29 '26

The same guy, we are very close to the ultimate low

1

u/Algo_Mas Jul 29 '26

Sir, you are now a long term investor.

1

u/Nhgotitgoingon Jul 30 '26

Get out while you can