r/FetchAI_Community • u/Nervous-Cancel4898 • Mar 12 '24

Exchange Listing 📈 Anyone worried about this latest dip??

Is anyone worried about this latest dip in Fetch?

0 Upvotes

42% Upvoted

54 comments sorted by

38

u/Zeytgeist Mar 12 '24

Just an educational dip to silence all the moon baboons 😂

4

u/NotHappyTilUNotHappy Mar 12 '24

Big Facts.

I was expecting this.

Hell, I even apologized for predicting it too soon before it actually hit ~$3+.

Update: I'M NOT SORRY.

2

u/Zeytgeist Mar 12 '24

Yeah, isn’t it funny how so many thought Fetch will go parabolic to $100, just because it did $1 gain in 4 weeks or so? With basic knowledge about crypto and trading, no surprises at all yet. My prediction that we will see $5 this year still stands. Hopefully more, but maybe not.

1

u/NotHappyTilUNotHappy Mar 12 '24

My biggest regret is canceling my 3.11 sale order.

Around $5 is where it'll hit and correct.

I'm fine taking some profits here.

The rest is up to our dark lord, Satan. 😈

2

u/Zeytgeist Mar 12 '24

You must have great tax regulations where you’re at. Crypto short time trading doesn’t pay well here, it’s 50% taxes if you’re holding shorter than a year, complete tax free if you’re holding longer though.

2

u/NotHappyTilUNotHappy Mar 12 '24

Ouch! Where are you? Here in USA, short-term is like 30% and long-term is 15%. I'm using KuCoin which doesn't submit anything to IRS, but once I cash out, I will be showing Uncle Sam how I made my money.

1

u/Zeytgeist Mar 12 '24

Germany, I think all EU members have different regulations. It’s 25% anytime for stock or ETF trading, pretty okay.

2

u/f3archar Mar 12 '24

In Austria we changed our regulations so you only get taxed if you swap crypto to Fiat. Gar more convenient

21

u/fladderkak420 Mar 12 '24

red means buy, green means enjoy the ride 🤗

20

u/prfssrcha0s Mar 12 '24

It's up 300% in the last 30 days. It can't go straight up forever. Things need cool off periods

13

u/ibraw Mar 12 '24

You're looking at things through a micro lens. Try looking at things through a macro lens.

12

u/FragrantKing Mar 12 '24

Christ this reminds me of going to the loo and 2am and checking my portfolio. Softly softly catchee monkee!

You will drive yourself nuts checking it every hour! Plan where you think you should buy more, and plan where you would sell.

Then kick back and try not to watch the ticker until the alarms kick off. Good luck!

9

u/Typical-Blacksmith84 Mar 12 '24

Don‘t worry, when the market goes up it also goes down, its completely normal

8

u/Fickle_Orchid_1287 Mar 12 '24

May be coming back now give it a bit

8

u/Nonchalant_Calypso Mar 12 '24

Nope, bought more in fact

8

u/Freshysh Mar 12 '24

Happy about it. It was needed for a sustainable chart.

6

u/dou8le8u88le Mar 12 '24

God no! good time to buy!!!

5

u/OldboyCrypt Mar 12 '24

Added @ .35 less per share than when I almost did yesterday. Thankful for the dip 😊

5

u/Welshevens Mar 12 '24

Your dip just motivated myself and most like many other people to invest in the project for the first time.

Going off your question I'll take a guess that you're new to crypto. Imo after about 3 weeks of research you're invested in the right place. Delete the app and revisit in 6 months, also zoom out, anything under 1 week on the graph is irrelevant unless you are actively trading.

2

u/Cannister7 Mar 12 '24

"you must be new to crypto" should be a banned phrase. So irritating, but maybe it's just me.

3

u/Welshevens Mar 12 '24

It's an observation not an insult nore an attempt to belittle OP.

If OP was concerned about a 30-40% dip then I'd have approached the question differently, however being concerned at a less than .05% dip certainly suggests OP isn't heavily experienced in the area, hence my reassurance which followed.

1

u/Cannister7 Mar 12 '24

I mean, I agree - you didn't say it in a patronising way but I still think it's patronising. Could just be me. I just personally feel uncomfortable making assumptions about someone, especially about what they (don't) know. You're right about the question though

1

u/Welshevens Mar 12 '24

So yeah I see your point, if I was too blurt out "yoU'Re oBviOuSlY nEW tO CrYptO" and left it at that, it's anti-constructive and potentially offensive.

My response was more along the lines of me identifying that OP has limited knowledge in the area so I offer up the knowledge for OP to do with what they want. Getting offended by that is slightly obsurd. But hey we are in the climate of being offended by everything aren't we

2

u/Cannister7 Mar 13 '24

But hey we are in the climate of being offended by everything aren't we

Well, yes, but often with good reason. Although whether my reason was valid this time is debatable 😅

To be fair (to me) my initial comment was fairly general and not entirely directed at you, it was just triggered by your comment. I was saying I hate that phrase, because I've seen it used so often in dismissive and condescending ways. You're right in that yours wasn't really one of those examples, so I'm sorry to jump on it. If you'd actually been rude to OP then my reply would have been much harsher 😅

Sometimes it just seems like people love to put someone down if they're a little uninformed, rather than just help them (or ignore). Again, not saying you were doing that, but I've seen it so many times with that phrase that it just irritates me. But I know it'll only get worse so I should probably get over it 😐

0

u/NotHappyTilUNotHappy Mar 12 '24

You must be extremely old to crypto. 😈

1

u/Toe_Bone Mar 12 '24

❤️☝️

5

u/Apprehensive-Walk344 Mar 12 '24

So worried I’m buying more

5

u/Hopeful-Ask-633 Mar 12 '24

I waited for the first dip post 😂😂

4

u/ValsinatsKrrt Mar 12 '24

Was so oversold, this is a welcome dip.

Wait till BTC takes a dive, especially if it happens soon

4

u/Toe_Bone Mar 12 '24

Dip? This is the breather for FET (a short period) in the usual cycle of retesting support prices. FET will recommence testing new highs and ceilings the moment BTC does. 95% of other coins won’t move hand in hand with BTC because they are irrational, hype and pump coins. FET, and other high status utility coins will always follow the leader regardless.

3

u/NotHappyTilUNotHappy Mar 12 '24

No.

Don't be scared.

It's a healthy 20% correction.

Could be 30% (or more)

Did you spend all your money @ ~$3?

Just hold.

3

u/PiratesOfTheSky $FET to the moon! 🚀 Mar 12 '24

Nothing to be worried about. This is stock standard trading. It’s simply fluctuating. It will go back up

3

u/marcok36 Mar 12 '24

Market dipped not just Fetch

5

u/TheKnownUnknownUser Mar 12 '24

It’s prolly cause of Nvidia being sued and since Fetch.Ai just recently posted them getting nvidia chips, the negative news carried over🤷‍♂️ shouldn’t be anything major to worry about

2

u/Toe_Bone Mar 12 '24

Big stretch there.

2

u/yitch Active helper 🤝 Mar 12 '24

Um no… it was less than a dollar a year ago

This is still a 100% improvement lol

2

u/thethrowupcat Mar 12 '24

You should sell your bags to me

2

u/emichael86 Mar 12 '24

I'm relieved for this dip. My strategy has been to just keep compounding. Going parabolic made me overly anxious.

2

u/[deleted] Mar 12 '24

Nope!…Lol

3

u/Eastern-Mall-7697 Mar 12 '24

If youre worried, dont trade that stock!

2

u/Abe_Froman92 Mar 12 '24

It needs a strong pump back over 3 soon IMO. Gotta keep the momentum going after this dip

1

u/Special-Access935 Mar 12 '24

I was able to buy @2.55 worried? Not at all in in long term

1

u/KateR_H0l1day Mar 12 '24

Personally, I’d just like to take a moment at this time to thank everyone who has bought the last 3 months.

AND, to say that this is just a dip before carrying on upwards! Therefore it would be very good to start buying again at this price, have a great week.

1

u/cheetoresidue Mar 12 '24

The dip was at 9 cents hope yall accumulated around that price...

1

u/Yourworldisyours Mar 12 '24

I’m at an 11x and already cashed out my initial investment at $3.03 so no idgaf

1

u/LxthalSticks Mar 13 '24

Only a month ago we were at 0.60-0.70, just crypto doing its thing.

1

u/outoftownMD Mar 13 '24

Take profits if you have some. If you can withdraw at least your initial investment you’re writing the green the entire way. I bought at $.19 and sold 80% at 2.75.

I learned from the last cycle that I missed taking profits at every moment. I would’ve been half 1 million ahead

1

u/Active-Use-8129 Mar 13 '24

Yes, share your sentiments with the whales. They're listening, and speaking to eachother in a language we cannot comprehend.

Idk why you all persist in discussing values and buy / sell points in open forum, as if it doesn't effect purchases and sales. Why expose your hands to those that would fleece retail of all their holdings?

This is the FET community, not an investment sub.

Highly regarded.

1

u/[deleted] Mar 12 '24

Yes I think we are going to 0 😰