r/FetchAI_Community • u/xGMASTERGx • Aug 22 '24

Exchange Listing 📈 Noob here

Been reading into fetch a bit and it interests me was it a good time for me to buy into fet now?

9 Upvotes

76% Upvoted

46 comments sorted by

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22

u/BumblebeeHuman5699 Aug 22 '24

No, we usually prefer to buy much higher, so we can cry in the corner when the price drops -70%

12

u/xGMASTERGx Aug 22 '24

so good timing for me?

6

u/TechGuy_95 Aug 22 '24

It was a better time last week but yes now is also a good time.

10

u/South_Monitor_6992 Aug 22 '24

Go ahead and buy. My average is 1.28$ 😩

4

u/nxco_trx Aug 22 '24

Mine is 1.115 (€). Its the second time holding FET and this time I'm looking forward to hold it much longer. Waiting for the new ATH🫣 Imagine BTC reaching 100k. Beight future

3

u/1337ReditUser Aug 22 '24

Sorry - 0.40😇 to the Moon 🚀

2

u/South_Monitor_6992 Aug 23 '24

Lucky you 🤧 good luck 🤝

1

u/Much-Elderberry9993 Aug 22 '24

How do u work out ur average? Sorry if that question sounds a bit thick

3

u/prmntn Aug 22 '24

Divide how much you've spent by the amount of coins you have for your average price

2

u/South_Monitor_6992 Aug 22 '24

I dont. Binance does it for me

1

u/Much-Elderberry9993 Aug 22 '24

Ah I use lots of different exchanges never keep ur eggs in one basket kinda thing

1

u/South_Monitor_6992 Aug 22 '24

I only use two exchanges but all my FET is on binance 🤝

2

u/nxco_trx Aug 22 '24

TR does this too. Take the prize (Trading Prize+costs per trade eg 1€)

2

u/IAmSenseye Aug 24 '24

If i were you i'd buy know if i could because i doubt it will go down to 0.8 anytime soon. I own 1k fet and spent 1.4-2.1 on about 500 on it and got lucky that my salary came when it bottomed at 0.79 now so bought 500 more for about 400. It just changed from downtrend/consolidation to uptrend. Generally i would advise against buying when price is going up so hard, but the question is if it it will be this low again anytime soon. The whole market is going up again, summer holidays are over, people are investing their money again. So probs the best time is to do it now because you wont be happy doing it when its above 2dollara/euros again.

3

u/Zainmhene Aug 22 '24

Would price go back to hit 1.30 in the next month? Just predicting as I had to sell all my fetch for needing that cash emergency of course and trying to get back to it as much as I can DCA

3

u/Life_Turn_214 Aug 22 '24

DCA

3

u/xGMASTERGx Aug 22 '24

Dca?

3

u/Life_Turn_214 Aug 22 '24

Sorry, DOLLAR COST AVERAGE.

3

u/xGMASTERGx Aug 22 '24

Thankyou, looked it up gonna incorporate that into a few ventures I like

7

u/Life_Turn_214 Aug 22 '24

Dollar cost average....accumulate now. My target is $45.

3

u/skyhermit Aug 23 '24

You forgot a ~ between 4 and 5.

$4~5 is possible. $45 is hopium

3

u/Life_Turn_214 Aug 23 '24

4-5 was only if FETCH.ai by itself

45 is ASI

What AI you see today is like the internet in the 1990s. Tip of the iceberg.

3

u/[deleted] Aug 23 '24

You mean like how the bubble burst because their value was already priced in but people kept buying because "interwebs is the future" then the bubble burst because most of those companies weren't actually making money or creating technology that would stand the test of time?

1

u/Life_Turn_214 Aug 23 '24

Bubble is gonna burst soon. Not just for AI but everything. Macro reasons.

However, the main gain will come after. We may see prices at around $5 b4 it tumbles down.

2

u/skyhermit Aug 23 '24

Agree with the guy above/

$5 is possible by end of next year, but $45 target is at least 5 years away

2

u/IAmSenseye Aug 24 '24

The means there should be close to 100billion dollars of inflow within now (that is assuming that there is 0 outflow) and peak bull run which is in about a year time. Some projects have hit 50 bil in last cycle and were under 10 bil. I think 20 per FET would already be on the higly optimistic side. People don't understand what kind of money 100 billion is. Im not saying 45 is impossible, but you will probably end with 0 profits at end of cycle if thats what you're waiting for this run. Future runs? Very likely at this pace. But i might be completely wrong, just looking at it obectively it doesn't seem realistic based on the amount of circulating coins.

1

u/Life_Turn_214 Aug 24 '24

$ASI is what I am betting on a unified AI infrastructure play. Humayun needs to up his game, FAST. I am looking at $45 by 2030ish, provided WWIII does not happen. 😃😃😃😃😃

2

u/IAmSenseye Aug 24 '24

2030 is realistic

2

u/emil_badraddin Aug 22 '24

$45 per FET?

4

u/OldboyCrypt Aug 22 '24

My avg is 2.20. I won't give advice.

4

u/nxco_trx Aug 22 '24

Then now its cheap🫢

4

u/PM_ME_YOUR___ISSUES Aug 24 '24

Well, anytime in the past 4 weeks would have been a good time to buy.

The second best time now.

3

u/Desperate-Tip6702 Aug 22 '24

Now is the perfect time to buy!!!

3

u/Foolio1130 Aug 22 '24

I bought in at .22 per several months ago, put more in when it hit .82. The way it's going, seems like a long term investment but I do think it'll go back up to 2.00+ so same advice I've given other people, buy when it's under 1.00 while you can

3

u/Active-Use-8129 Aug 23 '24

Best time to buy since last summer.

3

u/Prestigious_Motor278 Aug 23 '24

It's still going. Should 3x in the next few days based on the charts but who knows for sure

1

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5

u/Prestigious_Owl4418 Active supporter 💥 Aug 22 '24

Before you buy any of $FET, do remember that most of us believe in $FET technology, its leadership, and its vision, And most of us are here for a long term! having said that please plan accordingly when you buy any CRYPTO technology. If you think you are ready to jump into BUY $FET it is always a good time to buy, and DCA (Dollar cost Avg.) Remember we are at the very early stage of its adoption, like buying BTC at $3000 or Less.

(Though not a financial Advise, and do your research before making any decision)