Ampl

oh fuk i don't feel too good bros

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it's over user let it go.

the only A coin I think about is ARPA now

bros tell me the truth. is this fucking thing dead? and if yes, what should i trade my bags for? i'm at 50% loss so a 2x will restore my losses on ample.

you should realize this is not for you
cash out delete your wallet and invest in index funds

Lol not feeling good? I'm surprised you haven't necked yourself yet OP. Geez. Must not be able to afford a rope with all those losses

anything less radical?

anybody who isnt out by now deserves what they get

I'm hodl wish me luck

it will reach 1$ again at some point, the question is, will our stacks have been reduced by 90% before it does?

aw is there no news coming up
i thought it was gonna be in coinbase

I just sold. Lost around 12k out of 18k

Based.

Thank you. Best regards, the Great White Whale.

lol imagine buying something like this

well if the mc starts increasing again, the gains will be massive.

I did, absolutely killed it in July. Now am officially wealthy as I took my investment out after 12 days and still have a huge bag of free Ampl. If it goes to zero, so bit it. But imagine if it does go the MC of billions....mwahaha

>He fell for another obvious biz pnd
>he didn't know biz existed before 2020

Seriously user you deserve to lose money. You should buy RLC next and try lose even more money.

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can some super smart what user hop in here and let me know if i'm right in saying this. Ample designed to go to $1. so under $1 is like free money nd shit? like, if i wat autistic and had to get edcuated on AMPL is that what you'd say?

What happened to tooth user?

you could exit now and enter later with more % of the supply. sell 10k (0.001%), buy 10k later (0.002%).
neg rebases will always fuck over holders which is why the tokenomics encourage a dump to as close to 0 as possible

Yes and no. It is designed to go to $1, but you own a certain percentage of the MC. So if the MC goes down, you could still be down even if the price goes to a dollar. Investing right now would be betting that the MC will go up, which it most likely will, it's just a question of how soon

it depends on how long it stays under $1, which in turn depends on whether the mc is increasing or decreasing. say you buy 100 ampl at $0.5 for $50. after a few days of negative rebases you will end up owning 30 ampl that are worth $1. you have now lost 40% of your investment. without an increase in MC to give you a few positive rebases, you won't make any money out of ampl.

This.

If 1,2,3,4 weeks smokes your ass.
Crypto is not for you.
Go invest in index funds.

it's like the decentralized a ponzi so everyone loses

depends on how you define "smokes your ass". It's money i can afford to lose, but in this climate it is idiotic that i lost when nearly everything else is making gains.

He.. He didn't make it...

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He had to sell at a loss to fix an abscess tooth. He wanted to stay in though and wants all of us to make it.

>encourage a dump to as close to 0 as possible
Not really, the negative rebase is capped so that there is less downside and more upside

He neck himself?

If you understand how badly designed this coin is you should know that it's going to get a lot worse.

I did not know what I was getting into when I bought this. Cut my losses and sold 4 days ago.

Feels bad, though I'm glad I did it then not now.

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cant stop thinkinmg bout doin the same theres to many roje cts doing real shit right now

scamplefilth

you wont hold for 4 weeks without suffering massive cuts to your overall value.

You asked for "the truth"
The truth is:
You are acting very emotional.
>but in this climate it is idiotic that i lost when nearly everything else is making gains.
Diversification.
Never put all your eggs in 1 basket.
You should have a portfolio of assets.
If you do it right you will always hold badly performing assets.
Your performing assets should be killing it to offset your badly performing assets.
You can never be right 100% of the time.
You either get this or... good luck.

I'm buying all your bags. Shit's on sale yo.

>the negative rebase is capped
doesn't change the fact it could crab at 80c for months and bleed you dry. so long as it is neg rebasing, it is always better to sell, this is the trap

With AMPL, your ownership of the marketcap can never be diluted.
I still own the same percentage with the recent drop in marketcap.

The overall value is determined by MC. You could have 4 weeks of negative rebases, and as long as the mc doesn't go down, you would have the same value. Though, I don't think it would actually be possible to have 4 weeks of negative rebases without reaching a dollar if the mc stayed the same

He cashed out because he needed emergency root canals (not even joking)

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I'm still here. Had the first half of one of my two root canals today, took some shitty pain meds and prepping for my next half on Monday, then my next tooth on Friday after the antibiotics have ran their course. Shits been rough fren.