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#pi Scarcity? Are you kidding? And each user is supposed to buy thousands? Most users can't even sell fast enough. This price is all a result of hype and artificial scarcity. Less than 10 billion tokens and it's already at this price, but there are still tens of billions waiting to be released—tens of billions, not just a few hundred or thousand. And big companies buying? Why would big companies buy PI? Wouldn't it be better for them to buy BTC or ETH? Lower risk, no tens of billions waiting to be unlocked. Plus, they're decentralized. Why play with this kind of Ponzi token? Don't investors care about risk? You can talk about all the benefits of this token, but you can't deny the risks, right? 90% of this centralized product hasn't been released yet. Even if you're going to get in, you should wait for the deflationary phase, then buy the dip at the bottom, buy the dip! Not just buy blindly.
#pi If you can't control yourself and want to get in, remember: 1⃣️bear market 2⃣️92% inflationary sell pressure 3⃣️centralized.
Look at the monthly chart! It's going lower every month! So many people who are about to lose are trying to lure you in, every single day!
Let me make it clear: the current price is the result of hype marketing and pyramid schemes, extremely overvalued—don't enter now! You must wait until halfway through the bull market, half the sell pressure is gone, and it's decentralized, before even considering entering.
From now on I'll post this reminder every day.