Question here
If you had bought in the ATOM operation for $100 at first, what would have happened now when it dropped?
As for the token, it fell in 2019 at a price of about $7.5. Back then you would have had about 13.37 tokens.
And now, the capital would have reached $21 at a token price of $1.57, representing a loss of 79%. And if you had sold at the highest peak the token reached in 2022 at a price of $44.70 per token, the capital at that time would have been $597.
It is strong in terms of the project—the project is very well-known technically and has an impact on the market.
But the strength of the project does not mean the strength of the price, because it is very volatile and has very large price differences over the years, like most cryptocurrencies. The risk percentage is high.
It needs to be followed if you are thinking of investing in it for the long term.
#ATOM
If you had bought in the ATOM operation for $100 at first, what would have happened now when it dropped?
As for the token, it fell in 2019 at a price of about $7.5. Back then you would have had about 13.37 tokens.
And now, the capital would have reached $21 at a token price of $1.57, representing a loss of 79%. And if you had sold at the highest peak the token reached in 2022 at a price of $44.70 per token, the capital at that time would have been $597.
It is strong in terms of the project—the project is very well-known technically and has an impact on the market.
But the strength of the project does not mean the strength of the price, because it is very volatile and has very large price differences over the years, like most cryptocurrencies. The risk percentage is high.
It needs to be followed if you are thinking of investing in it for the long term.
#ATOM