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Topic: Gala - is it over or will it recover? - page 2. (Read 161 times)

staff
Activity: 2436
Merit: 2347
September 04, 2023, 01:02:23 PM
#12
In my opinion, it is not yet time to say unequivocally that you can invest in GALA. Look at the price chart, the coin has been falling non-stop since February 1 this year. I would wait a bit to be more confident, as GALA is not in the category of those cryptocurrencies that will increase in the next bull cycle with 100% certainty, like bitcoin or eth. If the price doesn't sustain $0.016 and fails, then definitely your investment could be at a serious loss.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
September 04, 2023, 01:01:25 PM
#11
Bitcoin is safe yes but I want to make some money and to do that you have to take risk. The average person like myself is not going to make life changing money with Bitcoin.

Hopefully Gala can make it through to the bull run but if it doesn't at least I have others to fall back on.
If you want to make money, you can play with meme tokens.
Meme tokens are cheap and you don't need to spend much money to get billions of them.
And all you have to do is wait for the meme tokens which will increase and give you big profits.
I don't know about Gala but as far as I can remember, I don't have Gala but I do have some meme coins Grin
hero member
Activity: 1540
Merit: 725
September 04, 2023, 12:12:14 PM
#10
Is Gala still a good investment or not anymore?

Basically Gala is still a worthy investment because this project is a project that builds a huge gaming platform. But as we all know, negative news has a negative impact on the entire project, including their native token. Since the news published on Bein that you attached, MC on Gala has decreased again to $71M, IMO with the current bad news, it's not good to hold or buy $GALA. It's better if we wait until the case in Gala is finished.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
September 04, 2023, 11:56:18 AM
#9
I am a bit skeptical about some altcoins, whereas you are brave enough to invest in GALA tokens which in my view is no better, if you believe then keep it because that's the best way you are profitable but I am sure here not many save on GALA but bitcoin.

Moreover, there is a dispute between the founders as @danherbias07 said maybe it will be difficult to develop the project.
newbie
Activity: 70
Merit: 0
September 04, 2023, 10:53:34 AM
#8
Gala is one of the strongest of the gaming hubs. After the Halving of the 2024 (BTC) these projects will have one of the strongest seasons. Is Top searched in coingecko this day
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 04, 2023, 10:33:23 AM
#7
I don't like it when 2 founders are having a dispute over the money. This doesn't go well. Luckily, I have already sold all my $GALA before but it's not because of this dispute, it's just because I saw a window of profit so I took it. Don't love the coin, that's my motto when it's not Bitcoin. If you see an opportunity to sell then take it. Although I spent a lot of money on fees because it was during the heavy traffic in ERC20, I risked it just to get all my coins out and converted to USD.
Now it's up to you brother. Consider the market's condition too because we are not in the bull run yet. Those disputes could heavily damage their reputation and might pull down the value of $Gala if the investors sold their coins. It's not like they are just going to sit around and be rekt because of this owner's problems.
hero member
Activity: 2184
Merit: 585
You own the pen
September 04, 2023, 10:07:49 AM
#6
Since your investment is not that much, you can just simply stack it there wait for the bull runs and you decide whether you sell it or not. Buying more of it as of now is not really good idea because it could be the end of it and you won't get back your capital once the price crashes once more. You might also lose some good opportunities from other altcoin investment which is decent and have a promising future.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
September 04, 2023, 08:47:36 AM
#5
One thing about altcoins is that they are centralized. See what happened to Pepe recently that millions of dollars worth of the coins were sent to four different exchanges and they sold it. I think this also happened to gala recently. That approximately $130 million worth if gala were sent to an exchange and sold. The best is still bitcoin, but you can gamble with altcoins.
Majority of altcoins are ponzi-like in nature and because of the freedom that comes with centralization made it easy for most of the coins developers and team to easily scam the investors by pulling an exit scam on them anytime they see that the market is pumped enough to increase bounty amount.
Bitcoin is still the best truly and I will not even advise anyone to gamble with altcoin unless on a few of those coins that already have a well-established team behind them, Trying to gamble altcoin may lead you into potential losses if you are not careful.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 04, 2023, 08:18:26 AM
#4
I am invested in Gala and there has been a lot of bad news recently with many investors either worried or selling.

I am currently holding what I have and will buy more if we really do fall lower but I am just wondering what others are doing?

We are only a few more months away from the bull run so feel it is worth holding.

Is Gala still a good investment or not anymore? See link below

https://beincrypto.com/gala-games-legal-dispute/
I am optimistic on it before because it's more of the games that they're developing. But lately, just as you've said, there have been a lot of drama that's happening.

Anyway, my invested there isn't a lot and I afford to lose so it's like a do or die whenever the bull run comes and it didn't have any affection. I wouldn't be affected a lot.

Still, money is still money on it and I'll just take the loss if ever it will happen.
member
Activity: 770
Merit: 30
September 04, 2023, 07:12:47 AM
#3
I am invested in Gala and there has been a lot of bad news recently with many investors either worried or selling.

I am currently holding what I have and will buy more if we really do fall lower but I am just wondering what others are doing?

We are only a few more months away from the bull run so feel it is worth holding.

Is Gala still a good investment or not anymore? See link below

https://beincrypto.com/gala-games-legal-dispute/



Bitcoin is safe yes but I want to make some money and to do that you have to take risk. The average person like myself is not going to make life changing money with Bitcoin.

Hopefully Gala can make it through to the bull run but if it doesn't at least I have others to fall back on.
legendary
Activity: 994
Merit: 1267
Lightning network is good with small amount of BTC
September 04, 2023, 06:46:41 AM
#2
One thing about altcoins is that they are centralized. See what happened to Pepe recently that millions of dollars worth of the coins were sent to four different exchanges and they sold it. I think this also happened to gala recently. That approximately $130 million worth if gala were sent to an exchange and sold. The best is still bitcoin, but you can gamble with altcoins.
member
Activity: 770
Merit: 30
September 04, 2023, 06:20:57 AM
#1
I am invested in Gala and there has been a lot of bad news recently with many investors either worried or selling.

I am currently holding what I have and will buy more if we really do fall lower but I am just wondering what others are doing?

We are only a few more months away from the bull run so feel it is worth holding.

Is Gala still a good investment or not anymore? See link below

https://beincrypto.com/gala-games-legal-dispute/

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