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Topic: Anyone buying Aptos already? - page 2. (Read 230 times)

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
December 03, 2022, 09:39:04 PM
#8
Didn't I read somewhere that Aptos was among the assets that Alameda was pumping in order to artificially inflate the value of their balance sheet?  If that's true, I would avoid it.  A ton of coins could be sitting somewhere ready to liquidate onto the market in the event that bankruptcy proceedings develop in that way.  I'm not sure what the pros of Aptos are, but there are enough risks to where it seems like there are better alternatives for your capital.  This could be one of those slow grind to 0 stories.
legendary
Activity: 3010
Merit: 1280
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December 03, 2022, 06:53:28 PM
#7
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I also think the same, I will wait for a little longer.  My buy plan is somewhere around less than $1.  I will have a scoop of Aptos if they fall less than $1.  Since I think Aptos is currently overhyped.  If it does not fall under $1, then this investment isn't for me.  I don't feel I am missing out if ever I missed this one though.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 03, 2022, 06:13:54 PM
#6
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.
IMO the downside for aptos due to the FTX already reached the bottom price. It will be going down even further if bitcoin will be dumped again like when it was dumped from 20k to the 16k in a short time. That will give a massive sell to aptos along with another crypto in the market.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
I don't think so and how much can you expect for the price of each aptos? VC may be dumping their hold as they got aptos from being early adopters but i don't even care about that since i got my aptos from airdrop and i have sold when it was still at the peak price before FTX was collapse.
sr. member
Activity: 1722
Merit: 269
December 03, 2022, 05:02:49 PM
#5
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I agree with you that the current price of Aptos is not really tempting to invest. I mean you always have to keep in mind, that the team behind Aptos received around 400 Million $ of funding from big VC's. Of course, one of those companies was FTX, but they also got money from Binance and many others. This means hat those big companies are owning a very big amount of the total supply and i think once we have reached a certain price level those bic companies will start to sell of their tokens and they have so much of them that they can really control the price of the whole project for at least a  few years from now in my opinion.
hero member
Activity: 3038
Merit: 634
December 03, 2022, 04:59:33 PM
#4
That's subjective to what you think about yourself and the project. There's always this questions that's being asked everywhere if they're good to buy this and whatever they suggest.

It was just launched a few months ago and it's still early to say if this has been bottomed already.

But that's really on you, on your analysis and your take on it. If you see it as an opportunity to buy then go and accumulate it.
hero member
Activity: 1652
Merit: 772
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December 02, 2022, 07:45:00 PM
#3
the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?

I can't say that at $4 it was a stupid buy for $APT, but I also can't say buying $APT at $4 was a wise decision. That's because the current condition of the crypto market isn't consistent (IMO). Since Aptos is a new L1 project currently in development, there's still a lot of things that could happen in their ecosystem. It is not unlikely that we will see a 10x increase in the $APT price next year.


Source: Marketcapof

Many people believe that the Aptos project is the Solana killer project, if we compare the MC of these two projects, we will see the results in the picture above, the price of Aptos will increase by more than x7.
jr. member
Activity: 1330
Merit: 7
December 02, 2022, 06:52:21 PM
#2
As at 10th October, 2022, Aptos price was around $10 so the price is not actually high now compared to the time of launch. As at today, 02/12/2022, the price is $4.95 - as at the time of making this comment. So the price is rather low now. However, as a new project, it is IMO, difficult to predict the success of the project. Some of the technology employed in Aptos are that of Diem project which was discontinued in January 2022. While the fund raised to support the project is big (https://coinmarketcap.com/currencies/aptos/), it is very crucial to conduct an in-depth research before investing. It is difficult to predict if the price will eventually be lower than what it is now.
sr. member
Activity: 952
Merit: 275
December 02, 2022, 12:59:24 PM
#1
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
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