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eliasvm
@eliasvm
Alright!! $SOCIAL to the mo…. aw… right. lol - I’m just joking, I sold up there and have just rebought 😏 40% in $SOCIAL allocations. Love trading!!
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Filippo Amadio
@filippoamadio
good you had an intuition. next time let me know. but where are you in the ranking I don't even see you with 40% more 🤧
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eliasvm
@eliasvm
No I’m way more a shrimp in regards to $SOCIAL - so I’m slow and steady building my position 🫡 Haha no way I could compete with those crazy politic leaders holding +50M $SOCIAL 🫠
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Filippo Amadio
@filippoamadio
shrimp how? what does shrimp mean?
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eliasvm
@eliasvm
These are common terms in crypto that refer to the amount of tokens held… have heard about “whales” ? A “shrimp” is the first step in the opposite direction. Take a look: https://insights.glassnode.com/content/images/size/w1000/2021/01/sup-1.png
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Filippo Amadio
@filippoamadio
What am I with 1 million tokens?
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eliasvm
@eliasvm
According to the graph you’re a Whale 🐳 but that was made in regards to BTC 21M fixed supply so owning 1M means having around ~4.7% of the total supply. With $SOCIAL having 10B total supply you’re 1M tokens make you own 0.1% of the total supply… I guess you’re still in the Whale category 😁👏👏👏 you just need to wait for $SOCIAL to thrive and that investment will pay big time
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Filippo Amadio
@filippoamadio
given the way things are going I would like to sell as soon as there is a rise like the one last night. There is a lot of manipulation
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eliasvm
@eliasvm
It is normal. It is a token (not a crypto) very young with a low MktCap so that spikes will happen. Just chill a bit. If you can’t then sell and embrace your loss, but receive peace of mind in return. I remember my first cycle 🥲 I used to sell and stay kept to the charts seeing how the tokens were rising after I sold. Wow, so long ago!
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Filippo Amadio
@filippoamadio
I've been in the crypto world for years... I know what it means.. I was referring to this token in particular
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eliasvm
@eliasvm
I don’t see it being that bad tho 🤷‍♂️ of course I don’t hold, nor I care for Diamond Hands SBT or titles, I always always always follow supply and demand in a way I supply your demand and demand your supply lol sell high buy cheap sell high buy cheap and so and so and so
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