2Settimana·

ICP.....(still) incredibly cheap

$ICP (-7,36%) , $SOL (+3,77%)

The actual old season is just getting underway and we should expect the market to pick up significantly in the coming weeks.

Raoul Pal recently posted the current Solana chart with the comment "stupid bullish" (see below).

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Indeed, Solana has formed a large "cup and handle" formation in recent years. It doesn't get much more bullish than that. Solana should catapult far north in the coming months.

....however, I liquidated my Solana position about a year ago in order to further expand my ICP position - not only because I consider ICP to be the best product in the crypto market, but also because of the signal that developed in the chart.

Assuming that ICP was about to break out of the trend channel against Solana, I posted the ICP/Solana chart here in the forum at the time.

Well, ICP made a final "nose dive" but in the meantime the breakout from the 2-year downtrend has happened (see below in the 2 week & 3 day chart).

ICP should outperform (vs. Solana).

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I do not recommend all crypto investors to liquidate a position at this point in time in order to invest in ICP.

We have to expect a new regulation for the taxation of profits this year and (in my opinion) it is "rule no. 1" to reach the holding period as early as possible.

But, if you are still looking for an investment in the crypto market: staked ICP is now also traded as an ETP in Germany:


WKN: A3G9SD

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19 Commenti

immagine del profilo
ICP? Really now?
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immagine del profilo
@Portfoliopferd...definitiv ja!
immagine del profilo
2Settimana
What kind of garbage is ICP? Never heard of it, but the chart on Max View says it all...
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immagine del profilo
@Ph1l1pp...you can discuss anything, but your comment confirms twice that you are not an informed investor.
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immagine del profilo
2Settimana
@MrBlueSky you are apparently a shitcoin investor, but go for it ✌🏼
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immagine del profilo
2Settimana
@MrBlueSky Your largest positions, apart from Palantir, confirm my assumption 😁
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@Ph1l1pp We'll see who's right in the future. But you obviously don't seem to know anything about ICP... then unfortunately it's difficult for me to give your opinion. Judging whether a project is "garbage" without research is rather childish.
immagine del profilo
2Settimana
@risk_manager_2176 Okay, here's a short summary for you:

- DFINITY Foundation holds 24%
- Loss of value since launch at over 90%
- low usage and DApps compared to eth or Solana
- Hardly any active developers and community
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immagine del profilo
@Ph1l1pp look, you are obviously one of those investors who only buy what has already been hyped or at least "approved" by the mainstream press. Just like 93% of all other investors who don't realize that they are the masses paying for the party.
1. It is normal that a large part of the volume in the development phase is held by the developers. The project should not go bankrupt along the way! decentralization develops over time & usage.
2. the loss in value is attributable to SBF, which launched an attack against ICP in perpetual trading at the time (out of fear of ICP).
3. the statement is simply wrong. Please have a look. Have a look at Craptomiso.com to see where and how much is being built.
4. regarding the community - we'll see. ICP is years ahead of Solana & Co.
ICP is significantly faster and more reliable than Solana. The reverse gas model was copied by Sui and Near is trying to copy CK-tech.
No other chain can store large volumes of data/software.
The investment opportunity is NOW - before the market realizes it ;-)
immagine del profilo
2Settimana
@MrBlueSky You're right, I prefer to bet on trains that are already running instead of running after the departing one 🙂
@Ph1l1pp high risk high reward, or then just low risk low reward
immagine del profilo
2Settimana
@risk_manager_2176 am satisfied with 3-5x (in your perception then probably low reward)
immagine del profilo
@Ph1l1pp....No way, that's perfectly fine. We all have our own individual risk appetite.
However, the charts speak a very clear language and fundamentally ICP cuts an excellent figure anyway.
An ETP would hardly have been issued for a "shitcoin".
I feel very comfortable with my ICP position and just wanted to point out to you that there is an opportunity here. In retrospect, something like this is always worthless ;-)
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Visualizza tutti 2 ulteriori risposte
immagine del profilo
I reduced to 50x from 250 or so in november and was considering piling in again... big holds at the moment are btc ada and near, then icp 4th
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immagine del profilo
@KnifeCatcher thats actually insane trash - probably the worst Portfolio i heard of😆
immagine del profilo
@TradingMelone all i can see is chain link on your profile. Not bad. I took 25000 euros profit in november and December with mine. Enjoy your Sunday
Only as a day trade, if at all...
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