Have to be honest
Slowly but surely losing my patience with Waves. Development was always slow since the ICO but you see currently the huge underperformance in price and development compared to other coins.
Why holding Waves with no Gains since 2 years while missing out on a bunch of others. (Link, AAVE, Doge etc)
It will vertical to $70 soon.
Double down on focus with all the circus going on around, it is irrelevant noise. You are way too late to enter the others right now, they are hitting w3 peaks everyone except waves which will ignite soon. Most of them are shit anyway doge, sushi. Sushi is same trash as masternodes 2018 with xxx% apy but in fancy new emperors clothing, it will implode. But the gamified UI is an indication of things to come, so admittedly it is a creative invention in that regard. Look at how waves is behaving every week from this small 5% yearly inflation, it's like a truck hitting the market, so this triple digit defi apy is pyramids, remember this. And doge, who wants one person to control all supply? Who will buy from Musk unless he integrates doge with tesla or something, which is not impossible. Musk is a noob who doesnt understand crypto, but its free money, some type of charity. He is not stupid so I would not be surprised if Doge actually hits $1 and he bags $50 billion profit. I considered a small stack but it's a shallow method of profiteering so I find it hard to motivate a position. And its impossible to leverage doge with any form of significant money when it swings this much everyday. $100 sure, $1k, I dont think so.
I personally made a two year waves exit from 70 cents 6k stack with target $7.4 in november last year because this is multi year resistance and the level of choppiness between $5 and $8 is unbelivable, I have never seen anything like this in 16 years of stock trading. Up down 10% several times per day.
Which makes me speculate that escape from choppiness will be $70 pierce, then settle around $20. Similar as Doge x10 intraday 0.0007 -> 0.0087. But $7 -> $87.
I can see how impossible it was for traders in 2017 to hold ETH when it ignited from $7 to $400 during spring 2017 parabola. It will be replicated with waves but even with this knowledge it will be impossible to hold on to the stack once it crashes through $30,$40,$50, then makes intraday dip -30%. It's impossible to manage unless pro or market maker. It's guaranteed impossible using leverage because everyone is already getting rekt here at $5-$7 volatility, nevermind higher prices.
Buy a base stack now, and hold 1 year or set a hard target such as $100 and don't touch until that price strikes.
it can crash to $3.7 before vertical
If you already have a position since 70 cents, nice job but for me, too high risk.
