Ok so I need help because I have no idea what Iâm doing and my daughterâs boyfriend keeps sending me rocket emojis đ
Iâm 44, I know nothing about crypto. Like nothing.
So my daughter has this boyfriend, few weeks ago heâs over for dinner and starts talking about MYX. How itâs going to be huge, Consensys invested. I nodded like I understood while literally thinking about what to cook tomorrow
Then he says âyou should buy some, itâs going to moon soon.â
And me, a 44 year old woman, downloaded Binance an exchange app and bought $300 worth at $0.95.
That was like few days ago.
Since then I have done nothing but stare at charts. And hereâs whatâs confusing me:
The price keeps going up and down like crazy. Yesterday it was at $0.78, today itâs at $1.1 . I saw it was 7 at some point before. a few days ago I almost sold but then it crashed to $0.88 in 30 minutes. Now itâs bouncing around. My head is spinning.
I asked the boyfriend whatâs happening and he just sends me screenshots of people on X saying âHODLâ and âV2 soonâ and âConsensys is the largest investorâ . But also I read online that it crashed from 7$ and some analysts say itâs oversold but others say more downside possible .
I donât understand any of this. Is this normal? Is the price supposed to jump around like this? I see people talking about âMVRV Z-Score resetâ and âsupport levelsâ and I feel like Iâm reading a different language .
I entered at $0.95. Right now itâs at like $1.1.
Should I sell and take my $330-340 before I lose it? Or hold and hope this V2 thing makes it go up? My daughterâs boyfriend says âlong term holdâ but heâs 20 and lives on noodles so idk if I should trust him.
Please explain it to me, give an advice
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