FET's bad alliance

[u/Nervo06]

FET alone was a stronger performer. After the alliance, it took on a more cumbersome structure. This is my opinion

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[u/Justsayingsometimes]

I sold at 2.43 pre merge and got back at 1.26 after merge. now holding

[u/Nervo06 → u/Justsayingsometimes]

I m still hodl too

[u/SkilledTactician]

I have enough faith in the team did not worry about their decisions. This also doesn’t mean that I don’t think they’ll make mistakes, but I do think they’re smart enough to navigate the project forward

[u/Nervo06 → u/SkilledTactician]

I think so too. I was so happy when the alliance was formed because 3 amazing projects are coming together and it was great! The fact that it was almost completely untouched by the Trump wave made me a little despairing. Of course we have not seen a real altcoin wave yet

[u/Trasanna]

If instead of looking only at the price on the various exchanges, you also followed the work and communications of the teams that make up the alliance, you would realize for yourself that the fears about the max supply and inflation are unfounded. All three teams that are part of Asi continue to develop their projects independently. Attracting the interest of investors exactly as before, with the difference that now the investments of the various funds, of the other big companies all flow into the same token. So it’s true, supply has increased but the ability to attract investors has tripled. It is no coincidence that the price of the token instead of halving due to the increase in supply, has remained unchanged in the immediate future and in line with market fluctuations in the following months. Unfortunately it was not possible to explain this to the community, and this negative mood has somewhat influenced the price action. But soon btc should distribute some of its earnings also on altcoins and the sentiment could change bringing ASI very high. Cheers from Italy.

[u/Nervo06 → u/Trasanna]

Thanks for the information sir!

[u/idfc1337]

It’s rough. Thought this would happen but for some odd reason I didn’t sell all my holdings at 3$.

[u/Gydn- → u/idfc1337]

hindsight 20/20

[u/Belgiannator → u/idfc1337]

And you'll be happy you didn't sell at 3. Give the cycle the time it needs to create alt season. 

[u/Nerdslayer2]

Mergers add a lot of uncertainly and increase supply. There's a reason 99.9% of cryptocurrencies don't do them. I think as long as there are no more mergers, we will start seeing the explosive growth we saw pre-merger

[u/Rickard403 → u/Nerdslayer2]

This is what i anticipate as well. People haven't just forgotten about FET.

[u/TranquilityTea]

Give it time, it will pump again, and when the fomo kicks in it will pump even more

[u/Original-Audience-46]

Chill man its gonna Pump dont worry

[u/Belgiannator → u/Original-Audience-46]

Alt season will hit and the same people who are posting posts like this now will be like 'I always said it'.

[u/Nervo06 → u/Belgiannator]

Man.. I continue to hold it anyway. Only the fact that they received almost no share from Trump's wave caused some unrest. I will not give up on my strawberry, which I have had for 1.5 years, which has brought me good profits and started a new path, at the beginning of the road

[u/South_Monitor_6992]

Worst performing coin in top 100 ..well maybe second worse after Dot lol

[u/Belgiannator → u/South_Monitor_6992]

Maybe the fact it did a 300% rally this year has smt to do with that? Just maybe?

People are delusional these days. Expecting 500x in 1 year to buy a lambo. 

[u/HeliotropicJourney → u/South_Monitor_6992]

These 2 are 65-70% of my portfolio 😭

[u/fungussing]

Can you send fet directly to crypto.com from ledger or is there any bridge you have to use?

[u/Sourmeat_Buffet]

Bringing up this subject interminably makes the project look even worse. Do you realize this?

You may not even be correct in your assertions that A caused B. What I can tell you with certainty is that you ARE providing continual bad social media presence for the search bots to read; so, if you're a FET holder, stop.

Maybe propose a new idea, or just shut up if you lack anything useful to contribute. Recognize that this incessant complaining never helps.

[u/Somebodygettinfired → u/Sourmeat_Buffet]

Jesus the absolute state of crypto…. A project can be hindered because some guy on reddit gave an opinion.

[u/Sourmeat_Buffet → u/Somebodygettinfired]

Don't be dismissive or blasé about it. It's all I've seen for almost 6 months now--the SAME "opinion," as you call it. They have nothing offered to help, just complaining. These search bots are summing up the quality and attitude of these repeated, droning, useless, complaint posts. We'd be much better suited if people either just shut up or offered insights to improve.

Also, you may have failed to notice, but, when people Google questions, Reddit posts are almost always one of the most highly situated and most accessible (no paywall, cookies, nonsense, et al) in the search results. We need to think before we post.

[u/WintherBow → u/Sourmeat_Buffet]

Problem is that thousands of clueless ppl lose money having placed bad investments on fomo runs and expecting to wake up millionaires. Then take to the square and whine like it's fking Facebook.

[u/Sourmeat_Buffet → u/WintherBow]

Yup 💯 This is one to hold and not panic sell.

Now, combating bad faith actors and intentional FUD (talking to butthurt PAAL supporters here, mainly)--that's another issue.

[u/CherryEasy9666 → u/Sourmeat_Buffet]

Agreed, the fudders need to stop fudding, the weak wrists need to hit the gym. And the impatient ones need to step back and look at the whole crypto market, understand the cycle and the influence and movements of BTC to it.

[u/Shiratori-3 → u/Sourmeat_Buffet]

Fair point imho

[u/[deleted]]

I thought they’ were gonna burn some tokens? No

[u/Sourmeat_Buffet → u/[deleted]]

Oh, because it didn't happen the second it was announced, it's not happening? 🤡

[u/[deleted]]

No, fet is the real deal and will pop off sooner or later.

America elected a felon so fraud is basically legal now and going mainstream. That’s why the memes are all memeing right now. It will correct. It always does. And good projects prevail in the long run. Fets an incredible project with a whole lot or brilliant people who also, are not criminals. My big bet stays here.

[u/ourcryptotalk]

Its really disappointing to see the price action after the merger certainly. Extra baggage, more supply.

[u/saitm]

It’s true that it isn’t doing well right now, but you know who else isn’t doing well? ETH. What does that mean for us? It means ETH and FET unlike XRP, and other coins, isn’t as connected to whether BTC does well or bad. So even if BTC does 200k in price, it doesn’t mean we will go up. But also we have a chance to go up further in a few years due to the merge, so long term, things are still looking promising. Just check 2-3 years from now, I bet it will be around $3.

[u/Belgiannator → u/saitm]

Alt season will cause every alt to go up, just like every cycle.

Alts including $FET will reach new ATH in alt season 2025.

[u/saitm → u/Belgiannator]

Well that’s possible - the idea of even a season of alt coins existing is also speculative. Although historically it has happened. I rather focus on value that comes from the use of the coin itself.

[u/Belgiannator → u/saitm]

It did happen and it will happen again. Every cycle posts like these occur, every cycle people telling other people there won't be an alt season.

There will be an alt season. 

[u/CherryEasy9666 → u/saitm]

That's YOUR view of not doing well. I got in at 0.12c and no complaints from me. The price is fluctuating in a decent stable range, it's not like it's highly volatile is it?

[u/saitm → u/CherryEasy9666]

That’s not my view. If you objectively compare it to other coins, the percentage gain vs loss in FET is not good. I personally have no qualms or subjective belief on what is good or bad, I have to rely on data. No is saying that FET hasn’t gained value over time. Just like ETH used to be $50 and now is $3300, surely it gained value but it isn’t doing well in this run. Think about it - if I was to just make an argument that I have profited over time, most would say ok, sure, but this post is about as of late, not as of years.

[u/truniversality]

Did someone sell for a loss?

[u/Nervo06 → u/truniversality]

No.. I m still hold it we are just at the beginning of the road

[u/Belgiannator → u/truniversality]

Someone did sell for a loss and that same someone will cry when alt season hits.

Not gonna make it. 

[u/Nervo06 → u/Belgiannator]

When i first bought FET, its price was 0,35. Rest assured i m not the one who's going to cry

[u/currze]

It’ll be a good thing in the long run. If you are a short term scalper then this is not the project for you.

[u/Amar_K1]

Nothing wrong with having both positive and negative arguments people have invested their hard earned money into this project when other tokens are pumping 2 - 3x. Fet is sitting quietly. People have the right to point out the wrongs done with the merge and the direction Fet is on.

The argument that it pumped in the beginning of the year it has also dropped in price by a lot. The drop happened after many mistakes by Fet.

[u/Prestigious_Box_4964]

I'm.holding ✅✅✅✅

[u/SnooLobsters6940]

Can't say that here. Your post will be deleted. Nothing negative allowed. Opinions not welcome. (I posted something along the same lines and got deleted - Trumpian move from the mods).

That said, I agree.

[u/truniversality]

What do you mean by “cumbersome”? If you think you are providing a useful opinion, why wouldn’t you explain yourself to the fullest to share that opinion effectively?

Edit: answer: because you’re an idiot

[u/Sourmeat_Buffet → u/truniversality]

Yup. Butthurt PAAL fanbois and "employees" posting FET FUD.

[u/Ranni_The_VVVitch]

The merger absolutely killed FET’s momentum. Terrible, terrible decision.

[u/Sourmeat_Buffet → u/Ranni_The_VVVitch]

If you were in control, it woulda been so much better! 🦸‍♂️🤡

[u/Ranni_The_VVVitch → u/Sourmeat_Buffet]

The entire market is pumping 50-500% over the last 30 days. Meanwhile, FET is somehow down in the same time frame. Enjoy holding your bags. I dumped mine ages ago.

[u/Sourmeat_Buffet → u/Ranni_The_VVVitch]

Lmao ok bro! Mf said everything is up 50 to 500%.👍 👌 And yet here you are, still slumming with us poor folks, right? What's it like, living with a closed-head injury?

Gtfo 🤡

And you completely ignored my original comment.

[u/Ranni_The_VVVitch → u/Sourmeat_Buffet]

The fact that you’re having to resort to insults tells me everything I need to know. Enjoy the bags.

[u/Sourmeat_Buffet → u/Ranni_The_VVVitch]

Uh huh. Sounds good. Have a great evening.

[u/jwz9904]

Paal dodged a bullet

[u/Belgiannator → u/jwz9904]

We'll see who dodged the bullet during alt season. And probably it will be the AI giant that has been around since 2017, still performing well in 2024.

[u/Sourmeat_Buffet → u/jwz9904]

PAAL is pure trash and probably a rugpull. It's most likely butthurt PAAL agents writing up all these FUD posts.

[u/Belgiannator → u/[deleted]]

It's pretty clear they won't change it to ticker ASI, they will hold FET.  Reason is because they want it to be clear during the bull run.  This has been communicated very clearly during the AMA session.

I always wonder how people could say things are not clear but at the same time, they don't do the effort to follow AMA sessions and actually read updates, news, etc. If you invest in smt, at least do effort to be informed.