My first threshold was already met with 25 EUR, now next one with 20 EUR doesn't seem too far away... Damn. Nevertheless, avax is long-term one of the few chains which will experience mass adoption.
I already did profit taking 1. Entered 24.9 or something like it. I wish Avax go to 10$ again. BTC will need to reclaim 65-67k for Alts to go bananas.
I used to think it was inevitable but I am getting so damn bearish now. The world has given up on blockchain tech. FTX fucked it. The bankman did his job. Avax will suffer most because its not a scam like Sol or built on memes, and boomers only know and trust Btc and Eth really. Maybe some new narrative will come from it but it looks like too many scammers in the space killed the whole fucking industry man. Ill just hodl for another ten years maybe it will get better, but my dreams are in tatters; the money is lost.
When everybody are berish I an bullish staking Avax. Please understand FTX is not Blockchain nor Crypto has no connection at all. The mindset of new people in the space is to take what they see. Before anybody blindly entered and now is confused start learning everything about the Blockchain. The technology as Decentralised infrastructure is the source of value not memes stupid SBF nor the evil financial agents. They are all here to suck your money.
Hrm, this is contrary to the talks of some institutions. But tbh I don't believe their talks too. However, blockchain tech might have been slowed through all the scams but it can't be faded away imo.
I am not sure if Terra and FTX holdings of Avax are completely eliminated or sold. The one thing is good that on 20th of Aug is the last epoch Avax to be distributed to others. In the future will be distributed only for staking rewards and to the foundation for development.
Luna foundation had exactly that many tokens. Theyre cashing out. This coin is full pain, no demand, no real usage, defi dead. Its fucked lads.
Sure about Luna 🤝 Avax? Didn't track what happened with Luna funds in the last two years...
Capitulating my Bags
