Ampleforth- Forgotten shitcoin or a gem yet to moon?

  • AMPL price is above 1.07$, the protocol automatically calculates how much new tokens to be released based on your market share in the network based on an algorithm. (Positive rebase)
  • The reason being is that people with free tokens will start to sell them and the price will drop back down towards the target price.
  • The reverse is true, when the price is below 0.97, the protocol automatically calculates how much tokens to be subtracted based on your market share in the network based on an algorithm. (Negative rebase)
  1. Whales are a crucial part of AMPL, not just AMPL but other markets as well and by factoring in their tendencies, it has helped me be on the right side of the trade and increases my hit rate significantly. Enough from being in a loss to profits in this instance.
  2. Not be greedy and always take profits, even for Bitcoin remember to take profits as you’ll never know when the top is in. Just set a target and take secure regular profits. There is always a chance to buy dips.
  3. Sell and buy in batches, never 100% in, Many cases when you buy expecting a pump but it always drops back, that is a good time to average down your bags which will increase your portfolio’s overall profits. The reverse is true for selling, it can go up as much as it wants. Example being Bitcoin hitting 19k just this morning which no one expected.
  4. Never FOMO OR FUD into positions
  5. If you want to ape, make sure you are early or have an edge in reading that market compared to other market participants if you don’t, you’re better off just holding BTC or not even trading.
  • You can time the top and bottom because you are a whale, imagine putting in 1 million at the bottom and getting 1 million AMPLs and then selling at $2 with a few days of positive rebase. Conservative estimations of your profits will be at least 2.8 million not counting the money you used to move the market. AND THIS IS IN A MATTER OF DAYS.
  • You can see why it is easier than market-moving BTC & other altcoins.
  • What makes it more explosive it's because of the crypto ranking website’s way of showing top gainers of the day at the sidebar. With AMPL’s volatility, it is extremely easy to pump it so its the first on the list, which makes more normies flood in with their Lambo dreams. Its a matter of time before bigger whales step in and start playing this on a bigger scale and we’re just getting started.
  • Of course, this was only working due to the large investor unlocks monthly but we’re unsure if this will happen in the following months. Thus I’ll be waiting for at least a few more monthly end pumps coming. From my knowledge, the monthly whale unlock have ended and might not have a monthly pump anymore. I’ll update this article with more information as I get them.
  1. Kucoin open deposit (soon)
  2. Alt markets heating up, check out my analysis of bitcoin and crypto markets for Q4 and Q1 here.
  3. Signs of whales activity in the price charts of AMPL.
https://twitter.com/bitcoin_kenny/status/1312172131577282561?s=20

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BitcoinGelion

BitcoinGelion

Bite-sized news & tips for the busy investor! Helping the world become a better place thru investments and technology.

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