Bros, I need a redpill on AMPL
an adaptive scam built to part people with money
dude, everything in crypto is a scam so u have any better pills?
It's a "stable coin" that I somehow managed to lose $2k on.
Holy shit. I just read that. Is there a make it or suicide stack established yet?
lmao
depending on how much you initially invested, if it goes up a bit and stays above 1.3 you can easily recover
ampleforth.org
Read this before you do anything.
As a HODL'er you will make money if the market cap rises.
As a fast trader you can make money trading, playing with the volatility and rebases.
How the price/supply action works:
There is 24/7 price volatility.
Every day at 10 PM EST there is a "rebase" which:
1) increases supply if the price is above about 1$
2) decreases supply if the price is below about 1$
Don't fuck up, this isn't just the simpleton's coin
twitter.com
now read the opposite side and come to your own conclusion