Buy Ampleforth early when mkt cap is low - take profit along the way
Added 2020-07-26 16:38:30 +0000 UTCSun, 7.26.2020
When to buy Ampleforth?
BUY EARLY WHEN THE MKT CAP IS LOW!!
- With Ampl coin, the sooner we buy it, the better because you want to have your coin by 9:30 or 10PM EST in your Acct to qualify for rebase
- Price will drop eventually when people sell their rebase. People aren’t selling bc they are accumulating it and looks like a lot of people are buying . Mkt cap is rocking from 417M to 600M + now.
- You can buy a little AMPL today, to get rebase. And then add more to your position when it drops if you want. I see it could go back down to 1.69 and 1.39
- But Ampl’s model is so different than other coin that it factors in the Market cap as well.
- We don’t know what is an acceptable market cap for AMPL and EVEN the founders don’t know too
- Because we are owning a % of the total supply. CASH OUT some profit so, you can have realized gains.
PLEASE READ THIS ARTICLE to figure out WHEN TO buy and IF we lose our coins when rebase goes negative
Here are a few snippets, BUT READ the whole article to understand how AMPL works.
- The percent that it increases or decreases each day is proportional to how far away it is from 1 dollar. It is is trying to get back to $1 by increasing or decreasing the supply. There is no max supply.
“ As I said previously, when buying AMPL you are buying a percent of the supply. At the time of writing it is around 300 million dollars. By now you may have realised the critical aspect of this token: How much money you make with AMPL depends on how big the supply gets. The bigger it is, the more your percent of the supply is worth. The smaller it is, the less your percent of the supply is worth.”
So what you want to do is buy early when the supply is low, and then when it is high, your percent is worth a far bigger sum. At this point someone who looks up the project will say “It was 20–40mil MC only weeks ago and is now 300million!!! I am not buying the top now!”. Yes, it is true that those who bought only a few weeks ago have already made a fortune. You may think this is the top, that when those people cash out it will surely crash back down… if this was any other project I might agree. However, in the next part I am going to explain why that probably isn’t the case, and why this is possibly far far far from the top. In fact, it is quite possible that considering this the top, is similar to someone not wanting to buy BTC 8–9 years ago because “it’s already done 50x this year”. That kind of thing is said a lot in crypto, but with AMPL it is one of the few times it could actually be the case.
