Topic: How are you today $MATIC holders? - page 2. (Read 375 times)
I thought that team members just sold their tokens, a whole bunch within a short period of time. But not only from MATIC, generally all Binance IEOs dropped in price during several hours, maybe there is more to come.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
What do you expect from an altcoin after being over bought, more pump? Obviously NO! What happened is just normal, the pump was massive considering the bear market, hence need for this correction. Action leads to reaction, hence after a big pump comes a big dump and the cycle continues. This is not new in crypto, as we've been seeing this pattern for a while. I actually told my friends holding MATIC three days back to be careful, after seeing a tweet from an influencer and decided to check the charts. Anyone here can drop news related to this event?
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
Anyone here can drop news related to this event?
Until now, the information that can be obtained is that there are panicked investors and dump tokens that they have that make the MATIC price fall more than 50%. Today there are several tokens and coins whose prices dropped dramatically today at Binance but what looks dramatic is MATIC
I don't know what happened to Matic suddenly why the price dropped to more than 70% in the morning. If really we see any active development from the team then definitely the price will manage to hold above the 300 sats level mark, of course, there are many other coins decreased their prices.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
Its over the news that binance is doing what they can to stop any further dumps or loss of value, honestly i never expected this from an IEO from binance exchange, its a really big severe blow to the face Anyone here can drop news related to this event?
The holders of the matic are for sure screwed up big time because of the huge dump but if you caught the huge dip then you are one of the lucky fellow traders because for sure you are sitting for an easy profit in just a few hours after the dump. I am lucky enough to make at least 30% return from this huge dump which is a very good day for me since this happens rarely.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
Anyone here can drop news related to this event?
Until now, the information that can be obtained is that there are panicked investors and dump tokens that they have that make the MATIC price fall more than 50%. Today there are several tokens and coins whose prices dropped dramatically today at Binance but what looks dramatic is MATIC
https://blog.matic.network/foundation-token-movement-accounting/
This is an official statement from the MATIC team that there are indeed some big traders who panic then sell massively and there are also some who spread FUD on Twitter so this can conclude that you can judge that.
And they will also release tokens from the foundation.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
Anyone here can drop news related to this event?
Until now, the information that can be obtained is that there are panicked investors and dump tokens that they have that make the MATIC price fall more than 50%. Today there are several tokens and coins whose prices dropped dramatically today at Binance but what looks dramatic is MATIC
You live by the FOMO, you die by the FOLO.
If this was a project you believed in, like the guy above, you would see this as an opportunity to increase your assets.
Just like the bitcoin people have been doing.
But you did see MATIC as a get rich quick ticket. You bought into FOMO. Naturally, now you...
PANIC
And you should. I would panic too If I were you. I know pretty much nothing about MATIC. The only impression I got is, I know that binance made it big and binance can make it small again.
Whatever let's get back to the point.
Panic is a good thing.
Panic raises your adrenaline levels.
Panic keeps you alive.
You are panicking because you know you did something stupid and you want to get rid of it.
I would get rid of this shit too If I had any.
So, Let's...
PANIC
Remember, If you don't panic high enough, the other guy will and you will lose even more money.
If this was a project you believed in, like the guy above, you would see this as an opportunity to increase your assets.
Just like the bitcoin people have been doing.
But you did see MATIC as a get rich quick ticket. You bought into FOMO. Naturally, now you...
PANIC
And you should. I would panic too If I were you. I know pretty much nothing about MATIC. The only impression I got is, I know that binance made it big and binance can make it small again.
Whatever let's get back to the point.
Panic is a good thing.
Panic raises your adrenaline levels.
Panic keeps you alive.
You are panicking because you know you did something stupid and you want to get rid of it.
I would get rid of this shit too If I had any.
So, Let's...
PANIC
Remember, If you don't panic high enough, the other guy will and you will lose even more money.
OP can lock this topic after this comment! Nothin smart can be said after this! I saw some MATIC hashtags on twitter, like you I don't know anything else about this project except a few tweets I saw, mostly huge promises that this project will go to the moon before other coins.
After a 50% drop in one day, I would sell too. Panic is healthy sometimes, it can save your life or your money.
I would rather assume this is a result of market manipulation but not sure whether it was orchestrated by the team or by some big time whales willing to shake the market. If the project has enough supporters that could do buy orders, then it will be good otherwise the end result will not be good for hodlers either.
Many people have been exposed to FOMO because the development team's promises, money and wealth have blurred their eyes.
I suppose there was a deal with Binance first to pump and then dump. Such people should be banned in cryptocurrencies, because such scams would break all investor confidence.
I suppose there was a deal with Binance first to pump and then dump. Such people should be banned in cryptocurrencies, because such scams would break all investor confidence.
I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.
Be careful. This might be the beginning of the end of MATIC. The team is now coming out shady as it looks like an intentional dump on the part of them. I know people who have MATIC will counter this possibility but regardless, it is always better to wait for things to settle down before coming up with a final decision whether to buy or not. Although MATIC is not easy to break of course. It has hundreds of millions in volume. It can withstand dumps like these if it is not an intentional work of the team.
Why would you think that? they still have millions in volume, in my opiniong such projects can withstand such dumps
Well CZ tweeted that they are investing this dump and that they found out that the team didn't have anything to do with it.
Not sure if its the truth, but i'll still hold my MATIC coins as they have explained the situation in their TG group.
Not sure if its the truth, but i'll still hold my MATIC coins as they have explained the situation in their TG group.
I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.
Be careful. This might be the beginning of the end of MATIC. The team is now coming out shady as it looks like an intentional dump on the part of them. I know people who have MATIC will counter this possibility but regardless, it is always better to wait for things to settle down before coming up with a final decision whether to buy or not. Although MATIC is not easy to break of course. It has hundreds of millions in volume. It can withstand dumps like these if it is not an intentional work of the team.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
For me many of them are doubted of what happen on the price today. Living people always looking at the price not on for the future so they are suffer today because of that. But if we still stand and believing to their future plans I think they calm. Anyone here can drop news related to this event?
Even though if this dump was by the team, i wonder if there are some bots reacting to this because it's not just the matic that took a hit. The whole altcoin sea turned red.
I knew this mega dump will come on $MATIC since it was already over bought since its price rally. I don't know the real reason why dump happened.
Anyone here can drop news related to this event?
Anyone here can drop news related to this event?
Altcoins that doesn't have any updates or news related to the coins will dump anytime, because there are so many new project updates and news from other coins and it's the time for other coins to shine because people are moving to the new one to get profits. So, don't hope too much with a coin with no updates, investors will move their investment anytime soon
Opss, when I saw MATIC touching 570 sats, I regretted not buying it early but now I think I'm a lucky person 
It's very hard to reach 500 sats in the third time with this landfill: - [maybe everyone should stay away MATIC
It's very hard to reach 500 sats in the third time with this landfill: - [maybe everyone should stay away MATIC 
To make this clearer, @maticnetwork has made an official statement about the situation.
https://twitter.com/maticnetwork/status/1204291432367869952
However, the 50% reduction is a terrible reduction, this can be a big scam and many people have been tricked. People should be careful when investing in such projects.
https://twitter.com/maticnetwork/status/1204291432367869952
However, the 50% reduction is a terrible reduction, this can be a big scam and many people have been tricked. People should be careful when investing in such projects.
You live by the FOMO, you die by the FOLO.
If this was a project you believed in, like the guy above, you would see this as an opportunity to increase your assets.
Just like the bitcoin people have been doing.
But you did see MATIC as a get rich quick ticket. You bought into FOMO. Naturally, now you...
PANIC
And you should. I would panic too If I were you. I know pretty much nothing about MATIC. The only impression I got is, I know that binance made it big and binance can make it small again.
Whatever let's get back to the point.
Panic is a good thing.
Panic raises your adrenaline levels.
Panic keeps you alive.
You are panicking because you know you did something stupid and you want to get rid of it.
I would get rid of this shit too If I had any.
So, Let's...
PANIC
Remember, If you don't panic hard enough, the other guy will and you will lose even more money.
If this was a project you believed in, like the guy above, you would see this as an opportunity to increase your assets.
Just like the bitcoin people have been doing.
But you did see MATIC as a get rich quick ticket. You bought into FOMO. Naturally, now you...
PANIC
And you should. I would panic too If I were you. I know pretty much nothing about MATIC. The only impression I got is, I know that binance made it big and binance can make it small again.
Whatever let's get back to the point.
Panic is a good thing.
Panic raises your adrenaline levels.
Panic keeps you alive.
You are panicking because you know you did something stupid and you want to get rid of it.
I would get rid of this shit too If I had any.
So, Let's...
PANIC
Remember, If you don't panic hard enough, the other guy will and you will lose even more money.
I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.
Jump to: