It will moon and dump repeatedly till june. Ven wont break the sell the news pattern. Its only chance is massive announcements and demonstration of hardware and application.
Its not going to get anywhere near 80k sats till june minimum. The only way it managed to was massive hype and momentum from early jan to late jan. Do you have any idea how difficult it will be to recreate that when we are already used to CCK and quality partnerships already? If it breaks its 9$ ATH it will not be in sats, it will rise with the tide due to BTC reaching ath or something. as we know, dollar values mean nothing in alt market. sat value is the only indicator of performance.
There are plenty of moon missions between now and June. I sold my VEN node at 53k sats, and i'm planning to increase my position before i get back into VEn by early June when hype starts being built again. IDGAF about temporary spikes with news. they will dip down again after. the momentum is gone.
Christopher Wilson
haha screenshotting this when june comes around and gonna post when ven hits 100k sats before june
Brayden Lopez
Well thought out and ballsy but I disagree. They have too many conferences and shit and at any one of those there could be a reason for the price to spike.
Hope you get your node back, no way in hell I'm selling mine to try to flip other shit.
Austin Russell
Sorry dude, but when you hold you hold for the long term. don't expect 100k sats unless they change things drastically with their approach. If they can develop big hype and momentum before June it can break SAT ATH. i doubt it though. 100k sats will come later. If you are a low test holder don't delude yourself. if you do the work and make some trades you will go into main net launch with potentially at least twice your current stack. hell you would have almost done that if you sold rebrand already. It just means looking for things which are good to flip which is hard work. its easier to hold but don't delude yourself. VEN mooned hard already. its not due to have another parabolic growth till main net hype starts building.
I believe in VEN long term which is why its my mission to increase my stack before main net.
You need to understand that the markets don't work logically and how you think they do with news and "quality" of a project. once you learn how hype and momentum along with the general tide the market follows in relation to BTC you will make good trades and holding becomes a much less attractive option when you have a long time between big events.
Blake Sanchez
Isn't this old news?
Jaxson Edwards
Nope, we knew about BitOcean but it hadn't been approved yet.
Conferences are one off events. Especially ones we already know about.they get priced in early. Without consistent momentum being built it will just be small moons followed by bleeds till the next one. no real movement. the huge moon comes after main net.
I don't think it will be too difficult to out perform VEN between now and then with solid trades.
its very old news. its already priced in by the large open market purchasers of VEN. we already learned that enterprise purchasers don't buy on the open market so they don't influence price at all.
Also we already learned that VEN foundation sell on the open market to cover expenses so they provide the sell walls. I don't consider that a FUD or bad thing agaisn't the project. this is a long term hold and they are transparent about that.
Joshua Watson
>Also we already learned that VEN foundation sell on the open market to cover expenses so they provide the sell walls.
Source on this FUD please. Oh right you can't because it's not true.
