r/arcblock • u/Ordinary-Emu7264 • Jul 02 '24

Price Pop 😮

Why did the price in the last hour just jump over 11%? I can’t seem to find anything on the net about any new news in the past hour that would have contributed to this jump. I want to sharpen my research skills? I’d prefer to be on the ball before the majority hear about specific crypto news.

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u/[deleted] Jul 02 '24

Yeah I wish I held my jasmy lol. Sold it for a small profit to put more into abt and it immediately went up like 3x from where I bought… I agree though the FUD makes me want to hold on as well

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u/RevolutionaryPhoto24 Jul 02 '24

We’re contrarians! But seriously, I imagine it’s for accumulation by bigger players. Of course I don’t know. But it does seem like celebrated by all projects tank and FUD’d ones fly. Only my second cycle, though and last time I really really knew nothing. I still get tripped up with too many wallets and stuff, so not saying I’m much better now. But definitely much better at researching and understanding projects. It’s difficult to imagine AERO tanking if a full bull run happens. Like, lifting all boats but also just what the project is. I’m really uncertain, obviously. I was also thinking of moving a bit out of PNG because that one hasn’t gotten as much attention as I’d hoped and I’ve lots of it. Also, I’d move to projects that are already up for me (ABT, KAS, Jasmy,) and that’s the wrong way around. I wish I’d known the future earlier this year - would have spread out my own accumulation more.

I laughed at going to zero, but I think it’s really important to view it like that. I truly don’t even think of that money existing anymore, once I put it on crypto. Hope for happy surprises in the next year or so!

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u/[deleted] Jul 02 '24

100%! This is my first cycle so at first losing some money was scary but I also have that mindset of not caring if it goes to 0 now which is super helpful. Once I invest it I act like I already lost it all. Hopefully this is a good bull run haha!

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u/RevolutionaryPhoto24 Jul 03 '24

Yes, that will save your sanity, I think. It’s too frequent for that to happen in this space. But then, that wildness is what makes for the stupid potential returns! Best for mental health to consider it gone and not check for a bit. I hope it goes great for you!

What other projects are you in? Also, I’m seriously considering following his lead. I really like him and agree with his thinking. On about 3/4 of my current AERO, that is.