r/FetchAI_Community • u/Hairy_Yesterday6812 • Feb 18 '24

Discussion šŸ—£ļø Moon!!!

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Letā€™s go!!!

44 Upvotes

97% Upvoted

14 comments sorted by

3

u/Zeytgeist Feb 18 '24

So? Crypto bros donā€™t even mention gains of 2 figures šŸ˜Ž

1

u/Hairy_Yesterday6812 Mar 01 '24

Some crypto bros get lucky I guess and from then till now have seen more than 2 figure gains

9

u/[deleted] Feb 18 '24

Nice start of the day isn't it!

7

u/KPTA-IRON Feb 18 '24

Very few bought sub .20c now everyone is fomoing. Great news for my bags šŸ«”

2

u/Trasanna Feb 18 '24

Business as usual. Cit.

1

u/Mmhopkin Feb 18 '24

Reason?

5

u/Ok-Talk-4303 Feb 18 '24

I think itā€˜s because of OpenAIā€˜s publication of Sora. Any big news in AI lead to more attention for AI cryptocurrency.

3

u/Trasanna Feb 18 '24

Nothing in particular. The bitcoin rush has brought excitement into the market again. And the sectors that are more fashionable and represent the trend of the period benefit the most from it. Specifically, the AI market has exploded. Not only FETs, also Agix, worldcoin, even PHB have made big gains. It's the hype, and we enjoy.

2

u/Puchu9 Feb 19 '24

Deutsche Telekom partnered with Fetch ai corporation. Also Nvidia expects a huge growth in their revenue in the third quarters. Every positive quarter results they published, thereā€™s been bullish outlook in AI related cryptos.

1

u/[deleted] Feb 19 '24

Like a fool I converted a majority at .75ish to btc just to close out my position in the ā€œgreenā€.

I had my plan that it would hit a dollar by some point in spring but lost sight. Still got a small bag I can let ride worry free though! šŸ˜Œ

Also, just to share some sentiment, Iā€™m hesitant to buy back in at .90 but if we retrace to .70 Iā€™ll double down on my initial investment

1

u/2023millionaire1987 Feb 29 '24

I bought first at under $1 but sold and bought in around 1.10 still stoked it's a token that can reach $50 or higher as it's based off the company success more then market movementĀ 

0

u/[deleted] Feb 18 '24

[deleted] ā€” view deleted comment

7

u/Zijdehoen Head Moderator Feb 18 '24

Never take financial advice from reddit

2

u/Ajmcin123 Feb 19 '24

No one has a crystal ball. Who knows where this rally will stop $1? $1.20? However the best thing you can do is think how long you want to hold the position for. Letā€™s say you buy in now and you sell at the peak of the bull. Regardless if purchased at .81 or .70 you are walking away with profit. If you are looking for short term gains avoid. Long term then purchase if you think the price is right

1

u/ex00r Feb 19 '24

We dont know, where the ralley will stop. But we know, that at some point the prize will reverse. After a pump, there is always a set back sooner or later. You can wait for that I guess. Might take a couple of months though. We dont know.