xtz 12.20.20I wanted to come back to the Amazon chart once again. Not only to show their chart similarities, but to remind people how long these charts can take to play out before going parabolic. I compressed about 11 years worth of chart data for AMZN vs XTZ 2 year chart. A full chart can be found on another site, i cannot provide the link or i will be censored AGAIN. They are nearly identical. What i wanted to emphasize today is the TIME FRAME that it took for AMZN to blast off. WHY? I can see that many are getting anxious. I can hear them saying. BTC is up and XTZ isnt! What they don't understand is the cycles. XTZ is not on the same cycle as BTC. THey are similiar but not even close to being in sync. Last November XTZ hit a low of around 75 cents and then led the market on massive 6x run. It then ran again from 1 dollar to almost 5 , after the blackswan. We now see it finding a good accumulation range which is absolutely necessary. I see too many people coming in and dumping all their money on the table on these high parabolic runs, and then complaining the entire time as it corrects downward. INstead of simply accumulating a position CORRECTLY and slowly. Even if you bought higher you could still dollar cost average afterwards and easily break even or be in the green by a simple DCA. Long story short, XTZ is going thousands of percent higher . It's not going to do it anytime soon. Instead of complaining, buy more. Or sell and get out.
Fundamentally XTZ is on an entirely different playing field. Not only was it mentioned on Real Vision this year, it was just on FOX news being promoted as one of THE best crytpo blockchains to get in to. XTZ has one of the brightest futures. What if you had bought AMZN at 100 dollars or even 50 dollars back in the day and just held? Same with bitcoin or ethereum.