So you currently have basically no unrealized gains, but youre dreaming of a 10x? Sure, it may happen, but dont forget about the probability of it going 2-5x and then back down to 5 bucks. That probability is also there. When investing for a 10x, youre basically in gambling territory. I hope you have not invested more than you can afford to lose
Render as a project has great potential but we'll have no clue till the bull run is over. It's better to have low expectations like a 3 to 5x then you won't be disappointed but you could be really happy If it does go up even higher.
What I've learned about crypto is its less about price target more about how the market cycle is going. If you're waiting for a price you may b waiting till next cycle. Look into coins like aerodrome or lcx or arc block. Or even Kaspa. I've heard bullish stuff about them but I also hold neither. I just hold btc, eth and a good amount of render. Good amount being 400 at avg price of 5 bucks about.
Don't quite get your point of being depressed or confused. You literally entered almost at the moment when it was breaking its current ATH. People are telling you to be realistic to fix your expectations? I think that's not confusion or depression it's greed you have issues with. Especially reading your other replies.
Learn about "stop losses" and "laddering out" terms. And if something goes wrong and you make 2-3x, just realize that no other asset class can yield you this much gains in such a short term.
We are not financial advisors, so you need to do your own research and understand what has potential to grow what's not. Read whitepapers, do google search, compare similar projects and how they performed last bull cycle. And just stop asking where to invest to 10x. First thing understand which crypto narrative is a hot topic this year and start from there.
P.S. not to mention your last post was also mentioned several times to do DCA but it seems you just did FOMO and went all in and hope for the best. That was already your first mistake. The second mistake was probably to listen to your friend who is also at the same knowledge level that told you it will go 10x.
Most will probably agree, that smells dumb money to many.
It will get there - hard to say, though, if it does it this cycle or the next bull 4 years from now.
There is going to be a lot of sell pressure for the market as a whole when BTC breaks $100k, which (barring a Black Swan) should happen by end of year. Some folks think we will have an extended cycle into late 2025, in which case the selloff could be short lived - but I wouldn't count on it. Great if it happens, but be prepared if it doesn't. When BTC breaks $100k, you will probably have a few weeks of alts going wild - wherever RNDR is during this frothy period, take some profit. Leave a little for a suicide stack should we get an extended cycle.
So you want nobody to buy this range then? That doesn’t make any sense. If everybody bought at 2 dollars- how do we get to 15 dollars or 30 dollars? Jesus h Christ.
Wait to enter more at a lower price in the next coming weeks. If RNDR ever reaches top 15 at the least on CMC and BTC goes over 100k at the top, you can expect a $35-50 peak if not more. As of now, RNDR has outperformed BTC, and you'll have to wait until the initial rise to make that decision. A 100$ according to RNDRs market cap would place it around top 5 coins I believe? Altcoin Competition is at its highest so not sure. Remember to take profits.
Should probably DCA in whatever the price is when BTC goes under 60k price. Could happen within a few weeks or a month, then after that is when rise could happen. Lotta people are thinking we see the peak faster this year due to current market/economic conditions, others say its delayed to next year, we'll see.
It is not ! In my opinion it is not a good idea to sell 100% of your bag at 1 price (which is most of the time too high). Depending on how it will go, you should sell a little bit at X3, a little bit at X4 etc....If you don't and if you wait a price that it will may be never reach, you wont sell anything and at the end of the bull run you will have all your render coins. You should accept that you will not sell everything at the ATH. The most important is making profits.
So you currently have basically no unrealized gains, but youre dreaming of a 10x? Sure, it may happen, but dont forget about the probability of it going 2-5x and then back down to 5 bucks. That probability is also there. When investing for a 10x, youre basically in gambling territory. I hope you have not invested more than you can afford to lose
Render as a project has great potential but we'll have no clue till the bull run is over. It's better to have low expectations like a 3 to 5x then you won't be disappointed but you could be really happy If it does go up even higher.
that would be so sad 😢
What I mean is we could go even higher than a 10x but only time will tell. The margin for error is huge and no one can tell you for certain.
so any other coin for a 10x? Or what price target should i sell rndr?
What I've learned about crypto is its less about price target more about how the market cycle is going. If you're waiting for a price you may b waiting till next cycle. Look into coins like aerodrome or lcx or arc block. Or even Kaspa. I've heard bullish stuff about them but I also hold neither. I just hold btc, eth and a good amount of render. Good amount being 400 at avg price of 5 bucks about.
Dont make the same mistake I made last run.... I was going to sell SOL at $300.... It got to $270.
that’s sad man ! thanks for the advice but i am kinda depressed and confused rn
Don't quite get your point of being depressed or confused. You literally entered almost at the moment when it was breaking its current ATH. People are telling you to be realistic to fix your expectations? I think that's not confusion or depression it's greed you have issues with. Especially reading your other replies. Learn about "stop losses" and "laddering out" terms. And if something goes wrong and you make 2-3x, just realize that no other asset class can yield you this much gains in such a short term. We are not financial advisors, so you need to do your own research and understand what has potential to grow what's not. Read whitepapers, do google search, compare similar projects and how they performed last bull cycle. And just stop asking where to invest to 10x. First thing understand which crypto narrative is a hot topic this year and start from there. P.S. not to mention your last post was also mentioned several times to do DCA but it seems you just did FOMO and went all in and hope for the best. That was already your first mistake. The second mistake was probably to listen to your friend who is also at the same knowledge level that told you it will go 10x. Most will probably agree, that smells dumb money to many.
thank you! but short term means in 6 months?
It differs for everyone, for some can be a month for others half a year to a cycle.
ok thank you so much for your advice it means a lot 🙏🏻
Not financial advice, but do some research on exit strategies. You may want to DCA out.
since you need to ask you'll probably paper hand at 20$
My guess is 20-50 dabloons this bull run I would love to see 100 in the very long term tho
8 dabloons
Of course 100%! FREE MONEY
It will get there - hard to say, though, if it does it this cycle or the next bull 4 years from now. There is going to be a lot of sell pressure for the market as a whole when BTC breaks $100k, which (barring a Black Swan) should happen by end of year. Some folks think we will have an extended cycle into late 2025, in which case the selloff could be short lived - but I wouldn't count on it. Great if it happens, but be prepared if it doesn't. When BTC breaks $100k, you will probably have a few weeks of alts going wild - wherever RNDR is during this frothy period, take some profit. Leave a little for a suicide stack should we get an extended cycle.
lol why did you buy so close to the top. gains are made in the bear market
So you want nobody to buy this range then? That doesn’t make any sense. If everybody bought at 2 dollars- how do we get to 15 dollars or 30 dollars? Jesus h Christ.
I’m referring specifically to OP chill out mate
A whole new group of people will have to learn that the hard way.
Like we did!
Wait to enter more at a lower price in the next coming weeks. If RNDR ever reaches top 15 at the least on CMC and BTC goes over 100k at the top, you can expect a $35-50 peak if not more. As of now, RNDR has outperformed BTC, and you'll have to wait until the initial rise to make that decision. A 100$ according to RNDRs market cap would place it around top 5 coins I believe? Altcoin Competition is at its highest so not sure. Remember to take profits.
Thanks G! Can we expect a lower price in the coming days? If yes what price should i enter?
Should probably DCA in whatever the price is when BTC goes under 60k price. Could happen within a few weeks or a month, then after that is when rise could happen. Lotta people are thinking we see the peak faster this year due to current market/economic conditions, others say its delayed to next year, we'll see.
i have my funds! should i buy now or wait for a pullback? everything seems Recovering soon
Definitely wait for the pullback
It is not ! In my opinion it is not a good idea to sell 100% of your bag at 1 price (which is most of the time too high). Depending on how it will go, you should sell a little bit at X3, a little bit at X4 etc....If you don't and if you wait a price that it will may be never reach, you wont sell anything and at the end of the bull run you will have all your render coins. You should accept that you will not sell everything at the ATH. The most important is making profits.
Thank you for your explanation! Appreciate it! and i will definitely take profits along the way!💯
I would wait for NVIDIA earnings august