Full disclosure: > I sold all my OCEAN between 4800 and 5200 sats > I made 1.2mil profit on the trade > paid no more than 700 sats originally > wish I'd put more in but that's still ok
What happened: > microcap shitcoin really struggling > taken over by satsgang and donny's marketing firm > shill campaign which I was part of > OCEAN team cooperate with plan and buy binance listing > insider pump > listed > shilling goes crazy, greatest fools buy in above 50c
What smart people did: > took their 5-10x gains and dumped > will re-assess prospects when hype has died and bubble has retraced > may or may not buy in again, depending on state of the market at the time
What will happen now: > a stepped bleed down to next support at 2000 (weak) or 1000 (strong)
Crucial factors: > If BagHunters drops OCEAN or fails to maintain interest base during its bear period (which will last several months at least) then it's over for OCEAN > If they can keep interest alive, it will probably have another run
Final outcome: > something like a 1-2bn cap coin in a bull run.
That's just how it is, kids. BagHunters worked magic with this piece of shit and a lot of new guys had their first taste of a bull year here. Nothing goes up forever, try to learn what a reasonable bubble size is. OCEAN finally pumped 6x in sats once it broke 1000 sat resistance. That is a lot (especially since many had been in below 500 sats as well).
Also learn what events to dump on. A major exchange listing is nearly always one such event. If you dump on the first day of a binance listing you will be right 97% of the time, isn't that good enough?
Overall opinion on OCEAN: > product: dubious, likely to be a meme. This applies to all crypto. All but abandoned until taken over by pump groups and now belongs to them > team: CEO tweets about token price (bad sign for longevity and legitimacy). Will never be taken seriously. > marketing/hype: 10/10 DO NOT UNDER ESTIMATE THIS > exchanges: 10/10
hope this was helpful tomorrow's educational instalment will include how to tie your shoelaces and wipe your own ass
Logan Baker
I just added to my position on the dip. How screwed am I?
Joseph Morales
Weak fud, buying more
Jonathan Diaz
V3, staking, and initial data offerings coming soon. Been holding since ICO and will keep holding thanks
Chase King
If this is a reverse psyop to get me to buy more ocean it's working
The amount of catalysts coming up are insane and I'm going to get rich off of creating IDO's alone nevermind staking on data tokens from the beginning
Best part of ocean is the value it creates, you can use the platform to make money even if you could only afford one ocean token
Jayden Smith
>How screwed am I?
You'll lose another 50% minimum from these levels, sorry.
>Weak fud
This isn't FUD, it's financial advice.
Like when I told you morons to buy earlier in the year. Unlike some, I also tell you when to sell. How kind of me.
>buying more
No you haven't.
>Been holding since ICO
Pic related. Ouch. 30mil was a crazy high fund for that time, was doomed to dump.
>catalysts
ok son let's see how it plays out. It's your money to trade. I just feel morally obliged to advise both ends of my shills.
> find great opportunity > buy lots > tell others to buy > it goes up > I've made money, wow > warn them before it dumps > "u r fudding stfu buying more hodl 4 eva" > it dumps hard as fuck
