/biz/ - Business & Finance

>>10494397
You misspelled Lambo.

>>10494531
It's gonna drop out of the top 100 before the end of august.

What am I supposed to do with my ARK bags? What do in general if you have bags? Some coins are down 70-80%. How would an experienced trader deal with suddenly finding a wallet full of shit? Just sell it all and start fresh?

>>10494611
I would hold Ark.
The whole market is down and some coins are just more fucked than anything else but that doesn't change the fact that they solve a problem or serve a market.
I'm buying and holding nearly every coin with blockchain interoperability target because I think thats one of the most important steps in the crypto market now

Jesus. Imagine buying this shitcoin for $4 just 2 or 3 months ago.

>>10494644
I'm considering switching my bags to BTC because if BTC goes on a bullrun then alts will dump even more

>>10494658
Thats true.
I also don't buy more altcoins at the moment and holding most in BTC but altcoins could moon insanely too in a bullrun

>>10494611
Id probably hold ark right now if I had any. Generally I am averse to selling at a loss, plus this seems like a decent price.

Granted, I would only buy at an amazingly ridiculous price in the first place, so I'm still not gonna buy into ark at these prices.

I imagine the Warren buffets of the world just have a list of projects they're interested in and only buy once or twice a year when one of the hundred things they've been watching suddenly becomes available for a ridiculously amazing price.

So I'm not waiting for ark to hit $0.60. in wait for any of ark to $0.60, omg to hit $3, req to hit $0.03, Holo to hit 3 sats, icx to hit $0.30, etc. I only want* one solid project at a massive discount, and the odds of that happen are still low, but better than needing* a specific project at a massive discount.

*Note I also said want vs need. I don't need to throw my money into shitcoins in the first place. I am happy with my current financial situation (including my justed shitcoins... I have put around $200k into crypto and my current portfolio value is roughly $100k - so don't take me for some reliable source) and am happy to wait for a good deal.

Arent KMD and ARK competitors? Why is KMD still so much more worth than ARK is atm?

>>10494797
because KMD is actually doing something, while ARK is just fucked.

Are we going sub 1$?

>>10494655
Don't have to imagine.... I sold everything and I'm 100% ALL IN on this.. not feeling the best right now.

>>10495396

Ark got better tech the devs are just too autistic. V2 is in public testing.

>>10494397
I hold 5k which I bought around 0.5$ and I still feel absolutely JUSTed.

>>10495451
I hope not

>>10494644

Hi Arjun

It's time to face the music ARKies. Almost all of us have been absolutely JUSTed. For me, it's at the point where it's starting to hurt less instead of more. It seems like the only thing left to do is hold while everything bleeds to death. My only solace is that it's not just ARK, every alt is deep in the shitter with little chance of redemption on the horizon.

We've hit the point where not even the advances which traditionally pump an altcoin project can save them from the overarching trend of this holocaust. In this sort of market ARK should be a decent hold thanks to the staking and the devs insistence they have the funds to develop for years no matter what happens to crypto.

This is a hardcore cope post and it's certainly cliché but it's time to close blockfolio and go away for a while. That goes for the holders of other fundamentally strong alt projects (of which there are quite a few, although not many as thoroughly JUSTed) which are similarly experiencing unending despair.

So many biztards are loving watching Ark drop, maybe they feel vindicated that they didnt buy the hype, maybe theyre worried ETH fags, mayb it was shilled too much on here. Whatever the reason, Im buying everyday its under 15k and pumping profits from other alts into it.

I am wise, I will succeed. Stay mad.
>face it arktards...

>>10496454
Ark has a beta of roughly 1.4. This means Ark will move roughly 1.4x, in both directions, when the market moves.
Look to make moves.

>>10494707
you might get it in a major crash where your order is filled but most alts follow btc, so for you to get a discount like that the project would have to die or collapse under very serious reasons, neither are good perspectives to buy.