SongCoin (SONG)

In other words, the project is called $SONG.

https://t.co/NXDKjYJeIA

I'll tell you something many still don't get, and the crash will be painful if it turns out that way (this is not financial advice):

You are in a closed market and you still don't get it.

What does that mean?

The market cap is presented to you in $ADA, not in real USDT liquidity. Gentlemen, you don't have a real “counterparty” like on a normal exchange. If you decide to sell, there is no buyer on the other side… everything can collapse very quickly. Of course you will be left with worthless NFTs.

In other words:
if tomorrow you decide to sell a more serious amount, the question is who is the buyer on the other side? Unfortunately there is none. You are pumping and buying, which is why ATH is reached in Caradno but not in USDT because $ADA is falling. (USDT ATH) was in January, $ADA ATH in $ADA was just yesterday.

There is no deep order book.
There is no serious bid.
There is no real liquidity. You are the only buyers and if you start selling you become the only sellers.

Thus the illusion of “paper gains” is created in reality and it can last indefinitely until you try to realize those “gains”.

On paper you are rich.
In reality, until you sell, it's just a number on the screen.

I don't know how much you invested, but if you think I'm exaggerating, do a simple test as a non‑financial advice because Jura (Black Marko) is much better at financial advice forcing you to invest:

Let's say you sell all your $SONG today (God forbid).
Then try to buy it back tomorrow. Everything I wrote will become clearer if there is a 10% investor cash‑out.

Then you will best understand the difference between:

market cap
and
liquidity.

Market cap without liquidity is just a nice poster on the wall.

Better understand this before it's too late. At least do the test, maybe I'm not wrong 🤞. Hope so 🤝

Other words, the project is called $SONG.

https://t.co/NXDKjYJeIA

I'll tell you something many still don't get and the crash will be very painful if it turns out that way (this is not financial advice):

You are in a closed market and you still don't get it.

What does that mean?

Market cap is shown to you in $ADA, not in real USDT liquidity. You, gentlemen, don't have a proper “counterparty” like on a normal exchange. If you decide to sell, there is no buyer on the other side… everything can collapse very quickly. Of course you will be left with worthless NFTs.

In other words:
if tomorrow you decide to sell a serious amount, the question is who is the buyer on the other side? Unfortunately there is none. You are hedging and buying so that an ATH is reached but in USDT because $ADA is falling. (USDT ATH) was in January, $ADA ATH in $ADA was just yesterday.

There is no deep order book.
There is no serious bid.
There is no real liquidity. You are the only buyers and if you start selling you will become the only sellers.

Thus an illusion of “paper gains” is created in reality and it can last indefinitely until you try to realize the “gains”.

On paper you are rich.
In reality, until you sell it is just a number on a screen.

I don't know how much you invested, but if you think I'm exaggerating, do a simple test as a non‑financial advice because Jura (Black Marko) is much better at financial advice to force you to invest:

Say you sell all your $SONG today (God forbid).
Then try to buy it back tomorrow. Everything I wrote will be clearer if there is a 10% investor cash‑out.

Then you will best understand the difference between:

market cap
and
liquidity.

Market cap without liquidity is just a nice poster on the wall.

Better understand this now rather than later. At least do that test, maybe I'm not entirely wrong 🤞. Hope so 🤝