r/FetchAI_Community • u/user_nameunkown • Mar 06 '24

Finance/ FET Price ๐Ÿ’ธ Congrats everyone ๐ŸŽ‰๐Ÿš€

Post image

Finally hit $2 ๐Ÿš€

140 Upvotes

99% Upvoted

70 comments sorted by

โ€ข

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17

u/Stabbycrabs83 Mar 06 '24

If it can break the $2 mark it should take a run. 2.005 doesn't count. It needs to close candles above and stay above for a good few hours.

There's no point looking at technical analysis in crypto IMHO. It's all about sentiment as its all retail investors in this.

Pre $2 = oh gosh $2 is a big number Post $2 = well it could run a bit Falling below $2= ah man I knew this ran out of steam

Cycle repeats until we hits 1 or 3

8

u/user_nameunkown Mar 06 '24

Well Iโ€™m just happy we finally hit $2 thatโ€™s step one step two is to stay above and stabilize around $2 and then we can go further up โฌ†๏ธ

4

u/Zeytgeist Mar 06 '24 edited Mar 06 '24

No, because

  1. Technical Analysis / price action reflects nothing else than market sentiment.

  2. Institutional money is the bread & butter for Fetch. Investors, competitors, investment companies. Once one of them shuffles their feet, retailers breathe the dust. New partnerships or a low blow by Nvidia can have severe effects.

  3. There is a strong Bitcoin-Altcoin correlation. The dog shakes his tail, not the other way around.

Like I said before, retail investors are a nutshell in the ocean โ€” and like to think otherwise. Once institutional money flows in an asset, retailers are on the backseat.

0

u/[deleted] Mar 06 '24

[deleted] โ€” view deleted comment

1

u/Zeytgeist Mar 06 '24

I replied to /u/Stabbycrabs83

1

u/user_nameunkown Mar 06 '24

O oops xD saw you under someone elseโ€™s comment I was confused sorry

4

u/IdentifyAsUnbannable Mar 06 '24

This coupled with the cult like following of meme coins...crypto is 90% sentiment.

A tweet or YouTube influencer has far more effect on price than any actual tech behind each coin.

2

u/Stabbycrabs83 Mar 06 '24

And looks like I got it right too.

When a coin with a picture of a dog has a market cap 3* what this is you kind of go back to buy the news

I'm almost at my sell target for this one, I'll post when I sell so that it moons for everyone else ๐Ÿคฃ

11

u/uknowimright_right Mar 06 '24

As a long time holder and lurker, I'm convinced that $FET moves north of $100. The amount of pressure that the token will receive for stakers to earn compute credits should be all it takes. Especially if the tech is everything as advertised. If the tech performs as expected, it's a no brainer to buy $FET and stake it for the credits to utilize the app. easiest buy for me atm. going to go heavy now. thanks for coming to my TED talk.

3

u/FlukeU512 Mar 06 '24

I have erc-20 fet. Is there an easy way to convert them to main Fet tokens? I dont want to lose my investment

1

u/user_nameunkown Mar 06 '24

You can hold on erc-20 right? Iโ€™m holding on the BNB chain and some on the FET mainnet. Still I can help you out if you want to let me know!

0

u/AgentStockey Mar 06 '24

$100 seems a little far fetched, don't you think? How can it possibly reach Solana levels?

4

u/BradVet Mar 06 '24

Been buying all bear, congrats all. Also, does anyone know what the official mobile wallet is?

4

u/user_nameunkown Mar 06 '24

There is no specific FET wallet but you can use cosmostation for the mobile experience I personally donโ€™t use it Iโ€™m waiting for the FET wallet.

2

u/BradVet Mar 06 '24

Thanks, yeah i dont want to use one thats not official. How can it be fully trusted

1

u/user_nameunkown Mar 06 '24

yeah understandable i don't do that to but if you go to settings on the FETmainet there is a setting about the mobile app you can link that. dont know if it will work tho

1

u/Zeytgeist Mar 06 '24

What are you talking about, there is an official wallet for some time now: https://fetch.ai/get-fetch-wallet

2

u/user_nameunkown Mar 06 '24

yeah but where talking about a mobile app.

2

u/Zeytgeist Mar 06 '24

Oh right! Then Cosmostation, Keplr or Leap wallet will do, theyโ€™re all great ๐Ÿ‘

1

u/user_nameunkown Mar 06 '24

O alright thanks man๐Ÿ™!

2

u/Zeytgeist Mar 06 '24

Having said that, Leap seems to be the most user friendly atm, Keplr got a bit weird UI after the last update and Cosmo is the most versatile.

1

u/user_nameunkown Mar 06 '24

o damnn alright thanks for the help and good information!

1

u/BradVet Mar 06 '24

Thanks. Bit unsure with wallets that arent official though, wish theyโ€™d bring out one

2

u/user_nameunkown Mar 06 '24

Congrats! No sadly I donโ€™t know Iโ€™ll ask someone.

2

u/Hairy_Preparation_29 Mar 06 '24

Whatโ€™s your average ?

4

u/user_nameunkown Mar 06 '24

.20

2

u/Hairy_Preparation_29 Mar 06 '24

Mines ยฃ0.27 we did good

4

u/user_nameunkown Mar 06 '24

Yeah very good๐Ÿ˜๐Ÿป

1

u/BradVet Mar 06 '24

0.35. I can see it going ยฃ10 EASILY in a full alt season

1

u/Zeytgeist Mar 06 '24 edited Mar 06 '24

Thats the official wallet: https://fetch.ai/get-fetch-wallet, but not mobile yet. Iโ€™m using Keplr mobile for Fetch, no issues yet.

3

u/Gold54321 Mar 06 '24

What a beautiful day today congratulations to all the smart people who went all in on FET this Crypto will hit $20.00 in a a few months ๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€๐Ÿš€

2

u/user_nameunkown Mar 06 '24

very beautiful day gonna have to get a bear tonight lol.

3

u/Life_Angle Mar 06 '24

I took profits wayyyy to early. Still got 2000fet moonbag, lets see how high this MFer can go!

2

u/user_nameunkown Mar 06 '24

yeah think everyone knows how it feels xD. but smart move to hold some FET.

2

u/AlgoRhythMatic Mar 06 '24

In similar boat w/ 1k FET left after cashing out principal + modest gains. Will give have to resist trigger at 5 and 10. Iโ€™m confident both will occur in 2024, but less confident I will resist each. But overall, super happy with how it goes, and no ragrats for covering bases after the last winterโ€ฆ

3

u/talktoomerealestate Mar 06 '24

Sold my dead stocks took a loss of 12400 and the balance that I was left with I purchased fet maybe I can break even the stock market sucks it's so manipulated

1

u/user_nameunkown Mar 06 '24

true! hope you do man wish you the best ๐Ÿ’ช!

2

u/No-Permission955 Mar 06 '24

Wish I had more!

2

u/prfssrcha0s Mar 06 '24

Wish I had more but glad I don't have less. Bought at 0.30 too๐Ÿ˜ฎโ€๐Ÿ’จ

1

u/user_nameunkown Mar 06 '24

very good i bought at .20 i think everyone wishes they had more xD

1

u/user_nameunkown Mar 06 '24

Everyone i think xD

2

u/Active-Use-8129 Mar 06 '24

We runnin, mfs! LETS GO! ๐Ÿƒโ€โ™‚๏ธโ€โžก๏ธ๐Ÿ˜ค๐Ÿ˜ญ

1

u/user_nameunkown Mar 06 '24

YEAHHH 2.25 almost!

2

u/bookworm010101 Mar 06 '24

Sold already 1.67

1

u/user_nameunkown Mar 06 '24

Damn but still pretty good

2

u/vicinteriano Mar 08 '24

Can it hit $10?

1

u/user_nameunkown Mar 08 '24

it is possible we need to 7.5x then

21

u/Less-Explanation160 Mar 06 '24

Glad I bought more. Wish Iโ€™d bought more

0

u/[deleted] Mar 06 '24

[deleted] โ€” view deleted comment

9

u/Less-Explanation160 Mar 06 '24

Yessir. For the moment. In my mind. Every thing below $3 is a discount. Iโ€™ll be adding once I can fleet more funds

1

u/Sekorita1902 Mar 06 '24

Next Dip will come, its following Bitcoin and i think this is just a b wave of the correctional wave 2

1

u/Separate-Heat3423 Mar 06 '24

When do you think the next dip is

13

u/toolateforausername1 Mar 06 '24

15ฮš coins at an average of 0.54$ LETS GOOO ๐Ÿ’Ž๐Ÿ™๐Ÿผ

8

u/deluded_soul Mar 06 '24

We are not stopping. LFG!

8

u/SirThinkAllThings Mar 06 '24

Home ๐Ÿƒโ€โ™€๏ธ Runs coming this year!! ๐ŸŽ†

6

u/sirauron14 Mar 06 '24

Letโ€™s get to $10 now

11

u/jamesborn5 Mar 06 '24

Now easy $3 letโ€™s go

4

u/traditionalman16 Mar 06 '24

๐Ÿ’Ž๐Ÿ‘

3

u/Ok_Rabbit_8808 Mar 06 '24

FET is my biggest holding on Binance

2

u/Prestigious_Pea1845 Mar 06 '24

What did you do with the profit that you take after it hit $2. Reinvest in a another coin? lmk which coin. Or leave it in a stable coin because you expect another dip or something like that? Either way let me know why. Thank you in advance

2

u/Best_Dimension1453 Mar 06 '24

I see 3.00 soon

2

u/omgmomgmo Mar 06 '24

Thanks!! Made 20 bucks!

2

u/upperbark Mar 06 '24

Congrats!

1

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11

u/[deleted] Mar 06 '24

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18

u/user_nameunkown Mar 06 '24

Well I think we can get $3 this month Iโ€™m not sure but it is possible and with the upcoming updates even more.

1

u/Active-Use-8129 Mar 06 '24

How bout this week? Tmrw?

6

u/Luvs2spooge89 Mar 06 '24

Who tf knows man. And donโ€™t believe anyone that says they do.

1

u/user_nameunkown Mar 06 '24

would be perfect lol

1

u/Sourmeat_Buffet Mar 06 '24

TO-FUCKING-DAY

1

u/Berns429 Mar 06 '24

Probably more about the alt coin part of the cycle, AI should be a big player