When you are a sheep and you buy verge at 2k satoshis you just burned an half of your cryptos. I've some ideas where this money is going...
I'm also sure that you want panic selling.
So wait a moment and look if it bounce on the line to accomplish another bull run.
Komen
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It seems like it have to says more this verge It show his cards right now. It bounce constantly from the trendline and is arriving at the end of this triangle. I wait for some further upside movement in the next week . It have to breake the triangle on the upper side and then go to test the resistance formed by the first spike. Watch out some downward retracement.
it will be another fall. look at the numbers: 1058BTC want to buy, and only 800BTC want to sell. Next: look where are buying positions and how big there are. I am abosuluttly sure that prize callaps again to 750satoshi and go very fast to 4000satoshi. just look at the orderbook.
v2d
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Guys it wasn't a pump'n'dump it was just sheep mentality. Loads of guys spreading FUD - the channels were uncontrolable. There were reddit posts which got deleted in the meantime etc. Just manipulating the weak hands.
budjang_l
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"Buy when they fear, sell when they greed" :)
TheGush
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Any more detail? Pretty cryptic- what’s the “manipulation”? Classic pump and dump? Coinbase picked this one up too? Aliens? All of the above?
FerdiHodler
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@TheGush, Just before the dump there was signs for that it was ready to rally again.. and it felt. Now seems to kiss the line and change direction. But who knows with these pump and dump. Maybe someone want to buy cheaper.
firefox_pc
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i brought at 2020 what should i do now
should i hold for next day or what?
Andrew138
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@firefox_pc, hold long term. Why would you sell at a loss? I don't get that. Man I held digibyte for 6 months because I bought at 600 SATs. I just kept buying more as it went down. I'm glad I did because when it gets to a dollar, I can retire. And it will. Just like verge will in time.
But it's your xvg... Once you sell I'll buy it for a song and we'll both win. You'll have sold your verge and I'll gave bought it much cheaper.
SosoSoso
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you guys, someone PLEASE tell me its going to bounce right back up. I had faith in this coin regardless of the rumours. now all I need is reassurance