RE: VERGE (XVG): New ALL TIME HIGHS DEAD AHEAD!! by tgordo

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Viewing a response to: @haejin/verge-xvg-new-all-time-highs-dead-ahead

· @tgordo ·
What i feel since XVG went to its highest and keeps bouncing up and down, its definitely from the major whales that had XVG at a very cheap rate that wait for the rise and dump a lot back into the market. New investors that don't buy as much as whales are hoping to make some money when it rises but they don't sell in time because of the little amount they got and waiting for it to rise more, but the whales have so many that when the price jumps a little they take a huge profit while the little guys are holding on a little longer waiting for a bigger spike, and that doesn't happen because of the whales dumping them. While the wales dump it the price drops and they re buy in again, so i kinda see the trend of $0.15-$0.24 happening for a while until there will be a lot more new investors, i think its a good idea to hold half of your XVG while trading the other half when prices dip to try and scoop up more, some are doing with all their XVG, the price seems to be in stable price for trading.  But it can still be risky cause the price might just shoot even higher.  In that sense i suggest to either hold and wait, or ride the pump and dump with only half of your XVG.  while keeping the other half locked in the market cap of Verge will stay stable and grow with time..  Just my 2 cents about the topic..  GO XVG!!!
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