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Hi everyone, I am looking at EMB and it looks like it has huge potential. Anyone knows this coin ? Found this article
Bitcoin was successful NOT because it solves scaling bottlenecks but because it decentralizes money. That took BTC from 0 to $62k. Despite today's Solana 'De'-Fi DDoS, still VERY FEW are paying attention to the overblown 'scaling' hype. Overline is one of the few plays to take advantage of this.
Why Overline’s token EMB will probably outperform crypto in the next couple of years.
Join me in the Overline rabbit hole, and I'll show you just how deep it goes. This is a 4 year old DeFi project where an ex Citadel quant, Guggenheim co-founder Todd Morley and Ares Capital ($197b AUM) intersect.
How much of the DeFi market cap can Overline (EMB) capture? Here is a comparative analysis fresh out of the oven of Overline and more established DeFis including Uniswap, Chainlink and Thorchain.
Someone transferred ~1.2m $EMB to FTX today and practically market sold everything. Price took a 30% hit and recovering. 1.2m is more than 1% of circulating supply. Now we should be good to break and hold above $0.25.
What coins did you fell for and which of them are you still HODLing from the 2016-2017 Bull Run?
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Completely same token contracts to: SonOfFloki (SOF), BabyAstroSanta(BASA), EverMoreBullish (EMB), Kishu Mars Inu and many more.
there is no one fits all strategy, it all depends on what you're trading, what market you're playing and on whether your convictions check out as time passes. # Shitcoins When you hold some coin just because it's market cap is low and plan to sell after a 2-3x. I put money I'm willing to lose, set a tp and forget about it until it pumps. If it pumps then more often than not I lower my tp when the wider market (btc/eth) starts showing signs of weakness, lower tp or straight out market sell. (DOGE, SHIBA, SHIT index) # Conviction Plays With conviction coins I hold & DCA, these are coins whose fundamentals I like. Fundamentals doesn't necessarily mean tech though, it has to do more with the wider market. For example I held sushi through the entire dump in September-October 2020 and kept buying because I knew Alameda was in and "food coin" narrative was emerging. In these cases I never sell until I see a major bull cycle, which means narrative builds up and penetrates mainstream. (SUSHI, FTT, SOL) # Fundamental Plays These are coins whose tech I like, nobody talks about, I buy and follow updates closely to see how team does. Sounds like a calculated bet but since 2017 fundamental plays go wrong more often than not because I think we tend to misread fundamentals when we are invested in a coin. (BCH, EOS, BSV, ATLAS, EMB) I've made most money with shitcoins and conviction plays, fundamentals have often been painfully long holds. Often though you realize a coin you considered a fundamental play is a shitcoin so you start treating it as such. For me this was BCH/BSV, got all caught up in the big block narrative then switched to shitcoin mode and exited both in shitcoin mode (sell the first pump). Same for EMB & ATLAS. I consider them all shitcoins now. If I look back I'd say conviction plays have been the best bets for me. Understandable if you think that Conviction plays depend a lot on carefully listening to the market, capturing a signal and acting on it.
I bought EMB, which turned out to be good on paper only because it never really took off as team broke all promises and seems to be seriously understaffed with devs. It never pumped. However I joined some groups through EMB where I met other crypto enthusiasts. In August this dude was like hey guys "grab a pie, KDA about to take off" KDA's price was like 40 cents. I was on vacation, I had no account on Kucoin, I cba to move coins there, and I still didn't trust the guy so I just kept an eye on it and didn't move. Then KDA really took off. I bought into it only much later at $3, sold for a 100% gain at around 6. But then it kept going up I never touched it again for fear that it would dump on me. In the end I saw KDA hit 25, which was x50 since that guy recommended it to me. I missed that boat. But now I have bought a shit load of Vader because that same guy said he is bullish vader, he said it just like he said about kda so I wanna try my luck 😂 (I also researched it well but yeah he influenced my decision to dig into it a lot)