Is ONDO a good buy? | Bitcointalksearch.org

TastyChillySauce00

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Quote from: Loco1887 on June 17, 2024, 03:04:53 PM

Ondo big drop since yesterday, good entry point now?

This is a good time for DCAing ondo. The Bitcoin market is crashing again, it triggers panic sellers sold their ondo bags at the bottom. Probably a good moment to enter the ondo market. Just be careful, Ondo's price may fall much further if whales wipe out long traders. If the market bounces, you can profit from your entry on ondo.
I'm only telling you that you shall never spend all of your money on ondo at the same level. To summarize, use modest sums of money, often about 10% of your portfolios, to DCAing ondo at various levels of bottom.

I studied bitcoin's price movement, another dump is incoming soon. We broke 66k, it suggests another potential downside to come later. 64k is probably our next support. In conclusion, keeping stable token is the best thing as a preparation for the big dump of bitcoin in the coming weeks.

Belarge

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Quote from: Charles-Tim on June 16, 2024, 02:00:07 AM

Gamble with altcoins. Use the amount of money that you can afford to lose to invest on altcoins. We have posted this times without number that altcoins can be very dangerous. You can see an alt coin that its price will increase significantly and give a better ROI to people that invested in it when the price was low. ONDO price has been increasing all month until this month. If the price continue to fall it would be a greater loss for people that are just investing. Even if the price increases this time, bear market will still come and you will see many altcoins that their price will fall massively.

The market is open for everyone and can make our dealing open and known. We have altcoins that's good for longterm and short-term, we just have to be careful because there's actually enormous profits on our paths. Altcoins are important projects in the market but we also have to be careful when dealing with them because there's actually more to accomplish in the system than mere thorough check.

Loco1887

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Ondo big drop since yesterday, good entry point now?

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Quote from: Loco1887 on June 15, 2024, 05:08:18 PM

Ondo is a decentralized finance (DeFi) platform that focuses on creating structured financial products using blockchain technology. Do you think it is worth buying at current prizes?

I think $ONDO still looks cheap with the BlackRock related news and also some good news surrounding it. Also, I think big companies love tokenization and ondo is the biggest tokenization project for now. That's also another advantage

nelson4lov

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Quote from: Loco1887 on June 15, 2024, 05:08:18 PM

Ondo is a decentralized finance (DeFi) platform that focuses on creating structured financial products using blockchain technology. Do you think it is worth buying at current prizes?

I can't say for sure. I mean, I saw ONDO at $0.2 before some whales on CT hopped on it (started the "ondo to condo" tweets) and it has done over 6x increase in price since then. Aside from the price talks I've seen, I've not seen or heard anything tangible about what the team is building or what the project is about. No major uodates, just talks about it being a RWA project and deserves to pump? It retraced a bit during the recent market dip. That was last a good window to buy a small bag but since it has rebounced, i can't say for sure.

Of course, I'm not a financial adviser. And I've traded or held ONDO.

mk4

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It's technically overpriced. The only reason I would buy ONDO if I absolutely think that the bull run will continue and that RWA category projects will continue to gain mass attention. I personally definitely wouldn't hold ONDO longer than a single cycle; it's definitely a coin that I'll just end up selling for BTC.

redsun114

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Quote from: peter0425 on June 16, 2024, 02:14:31 AM

Quote from: Charles-Tim on June 16, 2024, 02:00:07 AM

You can see an alt coin that its price will increase significantly and give a better ROI to people that invested in it when the price was low. ONDO price has been increasing all month until this month. If the price continue to fall it would be a greater loss for people that are just investing.

This is what makes people lose their money: FOMO.

They see a coin that is doing well and then it will take them a long time to figure out whether they in fact want to invest or not or is it worth it or not? At some point you have to realize that a lot of projects are not for long term and if you miss the window of buying cheap and selling at its peak then it is probably not wise anymore to pursue it any further

There are lots of ways for a crypto user to lose their money but no doubt that FOMO'ing in some cryptos is the major cause of it. When you FOMO, you don't think longer but your decision is already full or final that you will invest on that certain crypto, thinking it will pump more.

Realizing can come in two ways and that is:
1.) Once we fail. It can be twice, thrice or more, if one failure is not enough.
2.) Would be is when we do a research on our own. About the project the OP is talking about, I don't see anything that is extra-ordinary based on how he described it, so I'd be very careful dealing with it. Maybe we can only treat it as a short-term investment because some users imply that there is a hype forming in it.

Jose Mourinho

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I see that Ondo is currently trending, where Ondo has been talked about a lot among crypto users, and it seems like this project has very good performance, where the price is increasing over time, in my opinion if you have more money, Ondo good recom for you.

batang_bitcoin

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Quote from: Loco1887 on June 15, 2024, 05:08:18 PM

Ondo is a decentralized finance (DeFi) platform that focuses on creating structured financial products using blockchain technology. Do you think it is worth buying at current prizes?

I already stopped ready at the beginning upon seeing it as a defi.
I think that the defis are already saturated and there is no need for more of it whatever product they have.
And it is price mate, not prize.

TastyChillySauce00

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Quote from: Loco1887 on June 15, 2024, 05:08:18 PM

Ondo is a decentralized finance (DeFi) platform that focuses on creating structured financial products using blockchain technology. Do you think it is worth buying at current prizes?

ONDO is good and the marketcapitalization of this project is still low. I remind you that if ondo has been also used as a tokenization asset. Ondo will be big in the future. The price is very damn low at this moment. Im still seeing RWA token is a worthy token to invest these days.

I remind you that the tokenization has not yet began. It means ondo is still having a lot of roomt to growth. Im feeling very disappointed with myself by seeing the price of ondo has been increasing crazily like that.

RWA token will be big in the future following so many announcements that may be coming soon about the real world tokenization asset.

Black rock has also confirmed this. it seems to me that if ondo will be big in the future. Expect ondo to have 10 billions marketcapitalization in a long term.

Loco1887

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Is ONDO for longterm?

peter0425

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Quote from: Charles-Tim on June 16, 2024, 02:00:07 AM

You can see an alt coin that its price will increase significantly and give a better ROI to people that invested in it when the price was low. ONDO price has been increasing all month until this month. If the price continue to fall it would be a greater loss for people that are just investing.

This is what makes people lose their money: FOMO.

They see a coin that is doing well and then it will take them a long time to figure out whether they in fact want to invest or not or is it worth it or not? At some point you have to realize that a lot of projects are not for long term and if you miss the window of buying cheap and selling at its peak then it is probably not wise anymore to pursue it any further

Charles-Tim

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Gamble with altcoins. Use the amount of money that you can afford to lose to invest on altcoins. We have posted this times without number that altcoins can be very dangerous. You can see an alt coin that its price will increase significantly and give a better ROI to people that invested in it when the price was low. ONDO price has been increasing all month until this month. If the price continue to fall it would be a greater loss for people that are just investing. Even if the price increases this time, bear market will still come and you will see many altcoins that their price will fall massively.

Loco1887

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Ondo is a decentralized finance (DeFi) platform that focuses on creating structured financial products using blockchain technology. Do you think it is worth buying at current prizes?

Topic: Is ONDO a good buy? (Read 92 times)