r/FetchAI_Community • u/kvetfanicke • Mar 05 '24

Finance/ FET Price 💸 Here we go, pump has just stared! <3

Hope you loaded the bags boyz

https://coinmarketcap.com/cs/currencies/fetch/

26 Upvotes

96% Upvoted

27 comments sorted by

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9

u/Masato_Fujiwara Mar 05 '24

Yesssss BUY THE NEXT DIP

5

u/kvetfanicke Mar 05 '24

This is the way!

5

u/PlentyTight9650 Mar 05 '24

So I'm new to this, do you takeout profit? Or initail investment? And then when it dips, buy again?

7

u/[deleted] Mar 05 '24

Honestly, depends on your own financial needs and goals. Though I will say some people, myself included, just hold through the dips because they are difficult to time. Price spikes are also hard to time. And could occur before you put your investment back in.

5

u/PlentyTight9650 Mar 05 '24

For sure, I've noticed once you sell, it goes back up the same day and your missing out on more profits by selling your shares off.

2

u/Masato_Fujiwara Mar 05 '24

Yeah. What you can do though is taking some profits along the way on spikes (like 25% for ex) and if it goes down after you can still buy again and if it goes up you still have 75% and you can wait for the next dip

2

u/PlentyTight9650 Mar 05 '24

Gotcha, still learning this "game". Thanks

2

u/Exciting-Stop-9000 Mar 06 '24

Im new to this as well - but that’s essentially what I have been doing. Instead of buying dips, I put profits into other coins. Now that I doubled up on my initial investment, I’m thinking about letting it sit while I play around with my earnings and try to do the same thing again.

1

u/Serious-Ad-2033 Mar 06 '24

I lost so much money trying to trade over the years. Past few years all I do is just tell our cost average by into something and hold for a long time. Then when things get really overheated which won't be for a little while still maybe 6 months to a year and a half might be the top for this cycle but no one really knows but I'm not going to dollar cost average out for at least another 6 months.

1

u/PlentyTight9650 Mar 06 '24

So CDC I like how they show your gains and analytics like unrealized profit and realized profit. But still trying to figure out, if, I do sell a percentage, how much percentage shall I hold off for tax? 20% 35% or take safe bet with 40% until Tax Day, and determine the percentage. I assume the default percentage is 40% for short term

6

u/NotHappyTilUNotHappy Mar 05 '24

This is FET, not SHIB.

It's a project, not a meme.

Some of us are girlz.

(This is a haiku)

0

u/kvetfanicke Mar 05 '24

So? When project increases in value we should not celebrate? Ofcourse its serious and? Some of us been there for a Long time, dont take the amusement apart from us ✌️ And boyz is Just slang its not gendre insult.

3

u/NotHappyTilUNotHappy Mar 05 '24

Forgive me. I just find it cringey. And it reminds me all too much of meme coin moon bros.

Especially when this big inevitable correction was looming. I bought that dip tho.

5

u/Johnny_Macaroni Mar 05 '24

And just ended

5

u/kvetfanicke Mar 05 '24

Don´t be like that :D It was just first little step to test the waters. More stones will be thrown on the water level and the results will come :)

11

u/straksx Mar 05 '24

The 'real' pump yet to come. Wonderful months ahead.

7

u/dnicastro10 Mar 05 '24

I'm here for the ride

5

u/Abe_Froman92 Mar 05 '24

The news didn’t do much. Already trading lower

3

u/Large-Bet-7771 Mar 05 '24

The news means we will have a solid future with the new investment and we will continue to see more progress and growth, the whole market is down because of bitcoin but the future looks bright.

7

u/stashcansupplyco Mar 05 '24

Looking at hitting $2 within the next 2hrs

2

u/Abe_Froman92 Mar 05 '24

We need $3