I started this post to respond to some others re: either hoping and / or fearing whales should sell off at 1100. My response got a bit too long and wanted to share it with others here.

In any marketplace, where there are buyers and sellers, there is naturally emotions. Fear and Greed come into play. Both of those emotions can lead you in the wrong direction. Greed can get you to waste money on lottery tickets, or selling something now for less than it will be worth later.

Why, in your logic, would a whale sell out if / when the price is low, as per your example of 1100? Perhaps your thinking is: If one whale jumps out, and drives the price really low (causes an instant 30, 35, 40% drop), the other whales will decide to follow?

Following your logic, a second whale notices the market drop by 35%, and they decide to get out. The market will then drop another 20, 25, 30% (as adjusted from the 1st drop, not on top of the first percentage).

And so on and so forth. You think all other whales will follow, and sell out at some now-depressed price of 1100?

Why would they do that? It's already done. They might as well just hold.

The question anyone has to ask themselves, regardless if you are a whale or a minnow, is this project:

A) Going in the right general direction

B) Treading water

C) Drowning

To me, the answer is A. This is based upon the following facts, which anyone can verify and does *not* have to take on faith:

1. The Project's team are Doxxed and go live, each and every night, on multiple venues. They face the community. Sometimes the answers are good, other times the answers are lacking. Sometimes the actual quality of the questions themselves are not all that great. But regardless, with all the warts, wrinkles, and imperfections, the team shows up and they are who they are.
2. The token continues to get listed on more and more exchanges. This process takes work and money. Just like tokens themselves, there is a whole range of CEX's from dogshit to diamond. There is no question, at all, as to what happens to a token as it gets listed on more quality CEX's. History repeats itself.
3. Realistic expectations for ROI. Everyone wants to be the next Shiba. Hell, even Shiba wants to be itself again. But if someone can grow a small nest egg into something larger over the course of time, beating the returns they would get anywhere else, the smart money will join in. You can count me as part of that smart money. I'm not dreaming of Lanbo's or going to the moon. I am working my plan and have been in the crypto space for over 3 years. In that timeframe, I've taken a starting amount of 2,000 and grown it to over 130K. I should say, I'm down to about 90k right now since I'm holding most of my value in ETH.
4. The fact is, since my buy in late Dec. of last year, this token (including the dips) has gone up. AND THAT'S BEEN DURING AN OVERALL DOWN PERIOD for Crypto IN GENERAL.

Take a look at the chart.

You tell me - is the project going in the right direction, or not?

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https://preview.redd.it/0r7u00no3wf81.png?width=1564&format=png&auto=webp&v=enabled&s=a318645d27390f658768ea30bd23cf0e2d4d37b5