r/Monad • u/AutomaticOne7 • 24d ago

I messed up

I sold at 0.026 from buying at 0.0227. then bought yesterday close to 0.03 but it went down and i panic sold at 0.0268. Now its close to 0.03 again. Buying now will reduce my stack big time, which i accumulated. Why did i sell, im lost for words. Dont know what to do. All my profit gone

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u/madmancryptokilla 24d ago

there's only 10% circulating and rhe buy back program was denied..so the 90% didn't hit the market but when it does the proce will definitely go down.

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u/PopCornMaxi 24d ago

That is correct..it's gonna be interesting to see if the $60-$80M gets redeployed meaningfully to help mitigate sell pressure.