RE: Hive, Tribes, and FOMO - Just My 2c on Current Tribes State...
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For me when I look at a token or a currency, I evaluate first what I can do with it. If I find use cases that I need or enjoy then I'm into it. We shouldn't forget that many tokens have a very small liquidity and can be manipulated quite easily on the market. It doesn't mean that when a token goes up, it automatically is more worth. A good strategy is also not to put all eggs in the same basket but to into several coins and tokens, especially when you can actually use them or earn them.
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Great advises from the Rational Investor! :) We see a lot of spikes lately, and people FOMO in them, but, as you said liquidity is very small, and it looks like a fantastic opportunity... And, the drop comes in a couple of days, investors (FOMO members) get pissed off, sell with loss, and never come back...
Market manipulations are possible, but the price always shows the real value after settling down...
Thanks for the great tips!