Beginners only care about price, but the price is just a short-term play for gamblers. If you are not a gambler, you should focus only on the long-term dynamics of investment.
The value developed behind the scenes is the key that determines price trends over time. People who do not understand the relevant technology always assume that the official team is not doing anything and the ecosystem is not developing. In fact, work has been ongoing and development has been continuous; it's just that you do not understand and cannot comprehend the challenges Pinetwork is facing.
Not only is there initial selling pressure, but there are also future ecological construction and regulatory issues. One involves technology and creativity, while the other concerns local country issues, all of which require time.
As a long-term investor, you just need to know that regardless of how much the exchange rises or falls, the circulating buying and selling currency on the exchange has only been around 1 billion in the past month, while nearly 3 billion is still held by the holders. What you have seen this month is not real selling pressure, but rather a layout for future development.
The vast majority of the main funds are still held. And you? Sell for what? 😂