The bullish effect from ASTER's recent token burn has played out, so I'm pulling out for now.
I'm not going to be greedy for that last bit of profit! If the market had stayed stable today, it could’ve pushed up to 1.2, but unfortunately, the overall market wasn’t strong enough. There’s a reason I’m exiting now—on the 15th, another 200 million tokens will be unlocked, so you have to be wary of the selling pressure.
My plan is to buy back in after this wave of selling is over. By then, most of the negative effects will be out of the way, and it’ll depend on how the overall market performs. If the broader environment is positive, the price probably won’t drop much even on unlock day.
I have a mental bottom line: 0.9 should be the rock bottom. If it hits that price, I’ll buy in without hesitation, and even if I get stuck short-term, I can handle it. Two hundred million tokens could push the price down by about 10%, so if the market underperforms in the next few days, there’s a real chance we’ll see 0.9 again.
For now, I’ll stay on the sidelines and wait until after the unlock.
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MeaninglessGwei
· 12-05 23:28
All the smart people have already left, I should get out too.
On the unlock day, there might be another dump.
I'll buy at the 0.9 bottom, I'm not in a hurry anyway.
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WanliBreeze
· 12-05 02:32
Hop on board!🚗
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WalletAnxietyPatient
· 12-05 02:31
Smart people get in first and then get out, I have to run too.
Yeah, I’m watching 0.9 as well, I’ll really go all-in when the time comes.
The overall market really dragged us down this time, it could have been much better.
The real show is on the unlock day—others panic sell, I pick up the pieces, same old routine.
Wait, will you really buy in at 0.9, or are you just saying that?
I bet we’ll see 0.85 again, on the 15th for sure we’re done for.
The bullish effect from ASTER's recent token burn has played out, so I'm pulling out for now.
I'm not going to be greedy for that last bit of profit! If the market had stayed stable today, it could’ve pushed up to 1.2, but unfortunately, the overall market wasn’t strong enough. There’s a reason I’m exiting now—on the 15th, another 200 million tokens will be unlocked, so you have to be wary of the selling pressure.
My plan is to buy back in after this wave of selling is over. By then, most of the negative effects will be out of the way, and it’ll depend on how the overall market performs. If the broader environment is positive, the price probably won’t drop much even on unlock day.
I have a mental bottom line: 0.9 should be the rock bottom. If it hits that price, I’ll buy in without hesitation, and even if I get stuck short-term, I can handle it. Two hundred million tokens could push the price down by about 10%, so if the market underperforms in the next few days, there’s a real chance we’ll see 0.9 again.
For now, I’ll stay on the sidelines and wait until after the unlock.