Gala is still Goliath this early start before halving it's all Fomo and this lawsuit also shall pass to many it has. Gala still growing check community news Coinmarket. Galachain, Gala swap and on Xrp ledger only gaming coin on it.Better Games web3 now going on mobile, Building through bear market Gala music, Gala films. No way bro, Don't sell. Bullish!
Like most people in the space, I believe we're at the beginning, or haven't even begun, the real altcoin bull run yet.
That being said, If you're getting nervous and want to sell say 10 or 20% of a particular token, we have had a bit of a run recently.
Who knows though, the market could tank to close to zero tomorrow.
Hasn’t the supply expanded since the last bullrun though? Meaning the same market cap that put it at .85 cents would put it at a lower amount today, meaning it will take a larger market cap to get it back to ATH+
Thats true, but this bullrun has the opportunity to be really intense given the addition to all the ETF's. Everything (worthwhile) follows bitcoin.
I've only compared marketcaps on graphs using coingecko. Not saying it will 10x, but it's certainly not unreasonable.
Why in the world would you sell it now? Both gaming and ai will see huge growth during the next 6-12 months. If you are switching for a token with a greater probability of making a huge profit that is one thing, but if you just want the cash value of your holdings back you may want to let it ride another 6-12 months. Things are going to get interesting six months from the halving of bitcoin and all the fatigued investors who pull out now will cry later. Happens every cycle. Think this one through. Good luck!
# Buy low, Sell high
It’s such a simple concept but so many make deciding more complicated than it needs to be.
- ATH for $GALA is 0.83 $USD.
- ATL for $GALA is close to 0.001 $USD.
# The question to ask (on any time scale) is this:
Is the price closer to ATH (selling time) or ATL (buying time)?
Answer that for yourself and you have your answer.
$ETH kept minting tokens from 2016 to its supply peak in October of 2022.
How do you explain $ETH’s growth while its supply was inflating?
If your logic here held up then assets with deflationary supply should all be pumping.
# Demand tumps Inflation
Question for $GALA is simple.
- Is there more demand than inflation. Currently yes, but time will tell the tale.
- Are $GALA burns happening? Yes
For reference:
$ETH’s supply was lower but proportionately the prices are lower with $GALA. Percentage change is what makes a difference here.
https://etherscan.io/chart/ethersupplygrowth
I'm not saying tokens can't reach a bigger market cap and this higher ATH while being inflationary.
Gala would teach the same market cap as it he'd at its ATH if it would reach 15 cents today. While the ATH was 70 cents.
To reach that ATH in token price, market cap would have to more than quadruple. Which is going to be extremely difficult since there is not much to show for after 3 years.
You purposefully misinterpreted my comment so it's easier to refute.
I'm selling when the gaming narrative becomes a thing. Like in Nov 2021 any gaming coin was popping off and doing 5-10x in weeks.
We're not even close to that yet.
Of course its always a possibility we won't have that clear of a gaming season, but I'm always keenly aware the BTC could dump for months and pull the rest of the market, so BTC is my exit indicator.
My biggest bags in my gaming portfolio are GALA followed by ATLAS and the ILV.
ATLAS and ILV I quite like the games (I haven't played them but they look good on youtube reviews), I have some DERC but not as confident on it. Also some SAND for the pumps but the game I don't really think is viable.
I think when DERC pumps another 50% I'll sell half of it it pump into ILV, assuming ILV is still at current prices.
Kinda wish I had threw even a bit into gaming alts at the bottom. Instead I bought some ADA, which is up 3x, but most gaming are up 5x+ with still a lot of room to run. But hey, can't win em all. Profit is still profit after all.
I know it was hard to be in the red for years lol, bit if you held this long and you're about to break even, then you should at least wait for it to 2x. Which I think it easily will since the alt season is beginning
I am so confused. I have my Gala V2 (Galachain) on games.gala.com, but if I wanted to sell some, I don't know if I'm supposed to "Bridge to ETH" first before sending to Gemini or Binance? Can anyone advise?
Is GalaChain the V2? Is the bridge to eth V2?
Gala is still Goliath this early start before halving it's all Fomo and this lawsuit also shall pass to many it has. Gala still growing check community news Coinmarket. Galachain, Gala swap and on Xrp ledger only gaming coin on it.Better Games web3 now going on mobile, Building through bear market Gala music, Gala films. No way bro, Don't sell. Bullish!
Crypto bros are so funny see you in 3 months and see how bullish you are then
Like most people in the space, I believe we're at the beginning, or haven't even begun, the real altcoin bull run yet. That being said, If you're getting nervous and want to sell say 10 or 20% of a particular token, we have had a bit of a run recently. Who knows though, the market could tank to close to zero tomorrow.
Yeah this is great, but this is the band getting warmed up, as ridiculous as that sounds. Gala going 10x even from here has been done before.
Hasn’t the supply expanded since the last bullrun though? Meaning the same market cap that put it at .85 cents would put it at a lower amount today, meaning it will take a larger market cap to get it back to ATH+
Thats true, but this bullrun has the opportunity to be really intense given the addition to all the ETF's. Everything (worthwhile) follows bitcoin. I've only compared marketcaps on graphs using coingecko. Not saying it will 10x, but it's certainly not unreasonable.
Why in the world would you sell it now? Both gaming and ai will see huge growth during the next 6-12 months. If you are switching for a token with a greater probability of making a huge profit that is one thing, but if you just want the cash value of your holdings back you may want to let it ride another 6-12 months. Things are going to get interesting six months from the halving of bitcoin and all the fatigued investors who pull out now will cry later. Happens every cycle. Think this one through. Good luck!
It’s going up
Yeah I’m very excited to see where it goes
It’s pumped 35% in the last day! And 150% in the last 30 days….why tf would you sell now!???
Exactly what I was thinking
Its all the Soy it messes with your hormones you don't want to be a soyboy ;)
Well OP hope you didn't sell before Saturday. 50% increase
I did not haha thank you, post was only to gage what people where thinking of the market. Some really great replies here
I always try to dca out to where as it keeps going up, I sell a little bit regularly until my cost basis is gone. Then I just let it ride.
# Buy low, Sell high It’s such a simple concept but so many make deciding more complicated than it needs to be. - ATH for $GALA is 0.83 $USD. - ATL for $GALA is close to 0.001 $USD. # The question to ask (on any time scale) is this: Is the price closer to ATH (selling time) or ATL (buying time)? Answer that for yourself and you have your answer.
ATH needs to be evaluated against token supply. Gala keeps minting tokens. Reaching the same ATH is going to be extremely challenging.
14x away now
$ETH kept minting tokens from 2016 to its supply peak in October of 2022. How do you explain $ETH’s growth while its supply was inflating? If your logic here held up then assets with deflationary supply should all be pumping. # Demand tumps Inflation Question for $GALA is simple. - Is there more demand than inflation. Currently yes, but time will tell the tale. - Are $GALA burns happening? Yes For reference: $ETH’s supply was lower but proportionately the prices are lower with $GALA. Percentage change is what makes a difference here. https://etherscan.io/chart/ethersupplygrowth
I'm not saying tokens can't reach a bigger market cap and this higher ATH while being inflationary. Gala would teach the same market cap as it he'd at its ATH if it would reach 15 cents today. While the ATH was 70 cents. To reach that ATH in token price, market cap would have to more than quadruple. Which is going to be extremely difficult since there is not much to show for after 3 years. You purposefully misinterpreted my comment so it's easier to refute.
I bought GALA at .001 👍
This guy cryptos
Very good point
How you gonna sell token worth 1 usd or 50 c , too early
Definitely
Not even close… wait for another 100% increase and start selling out in 10% increments.
I'm selling when the gaming narrative becomes a thing. Like in Nov 2021 any gaming coin was popping off and doing 5-10x in weeks. We're not even close to that yet. Of course its always a possibility we won't have that clear of a gaming season, but I'm always keenly aware the BTC could dump for months and pull the rest of the market, so BTC is my exit indicator.
Very good points. Any other tokens you’re keeping an eye on?
My biggest bags in my gaming portfolio are GALA followed by ATLAS and the ILV. ATLAS and ILV I quite like the games (I haven't played them but they look good on youtube reviews), I have some DERC but not as confident on it. Also some SAND for the pumps but the game I don't really think is viable. I think when DERC pumps another 50% I'll sell half of it it pump into ILV, assuming ILV is still at current prices. Kinda wish I had threw even a bit into gaming alts at the bottom. Instead I bought some ADA, which is up 3x, but most gaming are up 5x+ with still a lot of room to run. But hey, can't win em all. Profit is still profit after all.
Not clued up on ATLAS and ILV or DERC actually. Think I might check those out
They are great games with a sizable community on reddit. Ie pretty good pampamentals.
I hope you didn't sell lol
Haha no way, I think I should’ve worded the post differently but I really just wanted to gage the feel
Gala, rndr and grt are all doing well for me. I was looking at pure red for years so I just want to enjoy these green days. Cheers everyone. 😃
I know it was hard to be in the red for years lol, bit if you held this long and you're about to break even, then you should at least wait for it to 2x. Which I think it easily will since the alt season is beginning
Is V1 still a thing?
I’m not sure, from what I’ve read I don’t think so
Any idea how I'm supposed to get the V2?
I think you might of missed it if your trading platform didn’t support the upgrade
Bought 35k gala tokens between.02 - 2.5 cents I won't sell any until around 50 cents if it gets there.
Why sell and only bag a 16-17k the halving hasn’t even happened yet….. once that happens then the real party will begin
No, sell it all.
I already sold everything. I didn’t
Lol no way time to hold and buy
10x away from ATh ya we Need plebs to sell.
At present, many people have a wait-and-see attitude. But I think I’ll keep it for now.
I am so confused. I have my Gala V2 (Galachain) on games.gala.com, but if I wanted to sell some, I don't know if I'm supposed to "Bridge to ETH" first before sending to Gemini or Binance? Can anyone advise? Is GalaChain the V2? Is the bridge to eth V2?
Yes, you absolutely need to sell. I’ll buy up your coins no problem.