RE: LeoThread 2025-07-03 03:11
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What happens if you drag it out to 1 year chart?
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What happens if you drag it out to 1 year chart?
Oh. You don't want to look. This has done nothing but lose. It's good for short term gains. Not something you want to HODL. Right now, it's as low as it's ever been.
It perks up once in awhile. Mostly follows other trending crypto like BTC. It rarely deviates. For trades, it's useless. However, if you're using the app, it's good to track the day-to-day
Then you know the best time to sell-off your earnings. They also made it a lot easier with the GMT cash mobile app. It used to be that you needed to use exchanges to cash out, but now you can use straight from your wallet.
Albeit, there are some fees and actual exchanging happening behind the scenes, but for regular users that aren't trading, it's a great way to get more use.
More use is good because more use means more users and more transactions. You would think that this means the value would eventually go up, but the trouble with GMT is that inflation has really been unkind.
It's unkind to everyone, but I think little more than expected to GMT. Everyone says GMT is a pyramid scheme and that it benefits more people that got in early, I think it's the opposite.
I think that eventually GMT will be a parabola. I think it hasn't bottomed out yet. Once it does, then that's when buyers will start to really benefit from it. Until that point, people are going to rage about how much they're losing. LOL