I`ve been monitoring FIL for as long as 5 months. It`s a coin that has a lot of potential as it provides to Crypto community a very interesting idea of creating "new" Internet. By looking at the chart many of you may think that this project is a SCAM but I have to say that the Devs of this coin are still working on it, they`re uploading new information about project every month. So they didn`t stop working on it. For now I think that price 4-6$ is the best time to buy some for your crypto wallet.
The divergence that we can see on a chart says us that this coin may be one of the best to have in a short term period. Probably the price is going down because of the people that don`t believe in it, the people who were buying FIL for 20-40$. They simple are too tired of waiting and closing their positions.Look at the volumes that are selling right now, FIL coin has never seen this amount of coins selling in so short period, lots of crypto hamsters are simply losing money by selling a coin that they bought for 20-40$. And they`re selling to me and the others who are trying to expand our position. In the future we will see who was right.
It`s my first idea and English isn`t my native language so don`t be to judjy. Waiting for your opinions in comments below. Thank you.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.