$VELVET The chart moves almost the same as SIREN, which is nearly back to zero. And both coins have 90% of their tokens held by the top 10. The altcoin will ultimately go to zero, but I don’t recommend you short it now, because the “big player” is really bad. If too many people short, then they’ll start spiking the price. In just a few minutes, they can insert a 100% “heaven-and-earth pin” spike, so shorting is absolutely not something you can hold up. Just wait. The trend won’t take long to come. Going long is basically licking blood off a knife—once there’s a flash crash, longs will get liquidated. The tokens unlock on July 10th, and they won’t be able to bounce around for long. As I said before, short cautiously now, and wait until the gravestone doji shows up forming a major top before making a move. As long as the big player starts distributing/selling, no matter when you short, you’ll make money. Don’t be impatient.

VELVET-6.61%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
WhatShouldIBuyToday?
· 37m ago
Quick, get in!🚗
View OriginalReply0
WhatShouldIBuyToday?
· 37m ago
Quick, get on board! 🚗
View OriginalReply0
TheAccountHasBeenBanned
· 8h ago
Go for it 👊
View OriginalReply0
GateUser-83c01cb3
· 9h ago
On July 10, I unlocked this node—I noted it. The “dog dealer” doing needle insertion is really hard to guard against. It’s safer to wait until the “tombstone line” shows up before taking action.
View OriginalReply0
BackToAoyama
· 12h ago
The market cap is not small, not much room left.
View OriginalReply0
OldKeys,NewWorld
· 12h ago
On July 10, we’ll unlock this node—I’ve got it noted. The “dog crew” is really tough to guard against when it comes to needle moves. Wait until the tombstone line appears, then act—it’ll be safer.
View OriginalReply0
TalkingAboutMemeAsTheCoinMakes
· 12h ago
Just go for it 👊
View OriginalReply0
NotificationSoundInMistyValley
· 13h ago
The top 10 holdings make up 90%—the concentration is absolutely outrageous. It looks like it was stamped out of the same mold as SIREN. I’d rather miss out than not short and “carry the needle.”
View OriginalReply0
  • Pinned