Here are three things why $AGLD is not like just any other coin: 1. 96% of its total supply are in circulation: Having most of its supply in circulation shows that the coin is currently being held by the community. In the long-run, there will no case of token saturation due to token unlocking just as we had with $SLX today which moved from $0.6 to $0.18 ahead of its token unlock event that took place today.
As a long-term crypto trader, this is a good fundamental to look out for when choosing long term coins
2. Low Cap: the market Cap of AGLD is only $14M . If you have been long enough in crypto industry, you will realise that Low Caps have more rooms for growths.
With $14M cap, the coin can easily flip 10x comfortable. This is another key Technical to check when choosing your crypto bag
3. The coin is at its All Time Low: During the 2023 bullrun, best performing coins were coins that hit their All Time low in the previous years.
As the next bull run is loading, holding low caps at their all time low presents more opportunity in the long term
In this industry, learn to project ahead - That is how you stay positione #AGLD/USDT
$LAB recent dump from $28 to $1.5 is a reminder to all traders to:
1. Always know when to Take Profit: If you held $LAB from $0.08 to $0.8 and to $8 and then to above $20 ... and you still did not take some profit..... then, that was pure Greed.
Honestly, the purpose is trading is to make profit. And when traders fail to act on that, then the aim is defeated.
At $28, I know made were expecting LAB to pump to $60 .... but that was just 2x from that point which does not worth the risk of loosing more than 10x due to recent dump.
Learn To Take Profit!!! - This Crypto Market is not Yours
2. Never Buy the Top: Many Traders Aped $LAB at ATH. That was poor risk management.
By now, you should have know that whatever goes up, would surely come down.
It is only the ones with strong utility continues to go up later after coming down.
Above all, Never FOMO trades
In this crypto trading, Your Capital is your hope of making more money - Never risk it blindly