A drop of over 20% followed by a rise of 45%.
this weekend's hype is enough to give a day trader an emotional hangover.
look no further than eliza and the newly added lauda to the blockbond umbrella to see the evidence. whether you were an eliza holder (my apologies if you were) or you were just looking for a way onto the bandwagon, the highs and lows on saturday were dizzying at best. eliza peaked at $0.0566, which corresponded to a $56 million market cap. however, after a series of unfortunate events, the value cratered down to .003, which sent shivers down the spine of early investors and holders. luckily for those in the know, the value rebounded to .042, which restored a sense of order for eliza investors. the theme over the weekend seemed to be an emotional rollercoaster, filled with exuberant thrills and crushing lows.
so what does this mean for the newly added lauda on the bandwagon? chances are, you got in near the top because you were hoping to get a piece of the action that eliza provided. for better or worse, those high hopes may be crushed by the same emotional rollercoaster that eliza has already gone through. those 50x-100x overnight gains you dream about may seem attainable, however a drop of 15% to 20% is inevitable and is a lot more common. the lesson to take away from this and from saturday is to something, no matter how small, on the way up to assure you can take part in the gains and stay involved even after the emotional rollercoaster will snap to normal. getting in the know is easy, but staying the course is what matters most.
#eliza #lauda #bandwagon #hodlers #cryptotokennamericangirls #trevailab