Why Ravencoin wont make you rich ?
Ive seen a lot of people in this subreddit buying a lot of ravencoin thinking that it will rise again and make them rich. It's like gambling, They know nothing about crypto, crypto doesnt work like that. In this bull market ravencoin has already seen its all time high with a 20x in january, guess what : It happens once a bull market. High market cap and high circulating volume also wont let the price goes up by more than 2x. A lot of analysis said the same thing, just forget the 1$ this year or even the next year. You know why every fucker tells you buy the dip ? They want the price to rise a little bit ,because you buy then they sel everything they have. Do your resarch, search up for predictions. Even if ravencoin recover, it will come back 0.17$ where the majority there bought.
Lets suppose that ravencoin goes to 1$, with a circulating supply of 12 billions ravencoin, then the market cap will be 12 billions dollars. Considering the others coins like ravencoin, the plateform tokens. Coinmarketcap class RVN 26th of the plateform tokens, Chainlink classed 3rd have a market cap of just 10 Billions, How do you expect rvn to go above chainlink which is better 10 times than RVN ? Stop fucking saying that ravencoin is a better bitcoin, if it is why the max supply is 21 Billions ? Its just not the case. The only thing that you can do to not loose your money is to wait for the next bull market which is minimum in 2 years, then wait for RVN to make another 10x or maybe never. So have fun holding your 200k ravencoin.
Just stop fucking lying and dont invest everything in one crypto. Do research if you dont wanna be a homeless.
Thanks for reading
submitted by /u/Silver-Map-3852
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