Definitely not selling GLX now

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I've been liquidating most of my assets to fund our move and right now, I've already even halved my total collection of GLX tokens but that's where it ends for now. I feel like this is a terrible time to sell the token and so, I'll be holding out for the future.

Four days ago, the Genesis League Sports team held a town hall meeting that I was privy to peruse on Youtube. I was mostly fascinated by the conversations surrounding the release of the game.

A major point of the recorded town hall meeting was the part where they showed a demo of the game. This sort of teaser is exactly what I want to see right now.

What we know for sure is that there's activity in the background. The game is still in development, with testing and bugs being ironed out but we can all be expectant.

In theory, it is safe to assume that the launch of the game isn't so far away and that will come with its own hype. I expect the promotion to reflect on the price of GLX token and with that in mind, I've decided not to sell any more of it.

Pressure

I put a lot of faith in this project but here we are today, praying for a 40% pump to get the token back to 1 cent. That's a very unfortunate state but context is important and the failings in the market aren't solely down to the fact that the game has not launched.

The wider crypto market has played a part in this crash and the fact Hive is trading below 30 cents is enough evidence to prove it. Things will have to get better for things to get better and right now, the signs aren't exactly pointing towards the good times.

In any case, I'm very hopeful that my faith in this project will amount to something substantial. The incoming hype from the launch could lead to a spike in the price of GLX token but I'm also hoping for some sort of bull cycle to hit the cards as well.

As far as I know, only coaches have been selling since, but the game's launch will most likely drive up demand for players as well. I'd be hoping for a scenario where trading volume spikes and cards don't spend too long on the shelf before being bought.

I don't think we will experience the SPS level of hype when the game is launched but it'll be enough to at least flip for a decent amount of profit.

Posted Using LeoFinance Alpha



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3 comments
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The launch og the game would have some significant effect on the price of GLX. I think it's astill a good time to buy.

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