A very common message: "I'm very frustrated because my $TXL just go down!"

Introduction

I've seen a lot of people complaining that they bought $TXL at US$ 0.60 and, 2-4 weeks later, they noticed they "lost" 50% or more of their investment.

These people start complaining: Marketing sucks! We have to list on a major Exchange!

I know how frustrating it is to put money in something and see it lose value. And I know that it feels even worse when you see that the asset you bought is going down while all the others are going up. And I also know how stupid one can feel when he sells the "terrible" asset to get any of those others that were going up, just to see that, right after he does that, the one he sold goes up and the one he just bought goes down.

Why does that happen? Is the world is against us? I'm pretty sure there is a group of people that just want to make me lose my money.

Why do "regular people always lose money" when they invest in crypto coins?

I think that, when we talk specifically about any crypto coin, the main problems are:

  1. People are hearing stories of crypto millionaires, then they see cryptos that go 10x in a 1 week timespan;
  2. People don't do their research on the projects - they don't know what use that crypto coin has, why it should be valuable - they just see "it's very low so it has to go up", or "all the other cryptos are going up, so this one has to go up too" or any other variation on these;
  3. There are whales manipulating the markets.
When people hear about crypto investors becoming millionaires, they start to think "oh... that's so easy, and they are just regular people, I bet I can do the same or even better". That is kind of the worst line of thought one could have. Those are not regular people. They didn't make money overnight. They studied, they worked, they did their homework. A person who became a millionaire in 2017 just by having bitcoin, was probably invested in that at least 2 or 3 years before. An early miner (and I'm talking of someone who was mining bitcoin in 2010) might have become a millionaire in 2017, if he was able to hold on to his mined bitcoins. That was years of work!

The second point is FOMO, simply put: the person knows nothing of what is going on and just decides to buy whatever because everybody is buying that. Good luck!

Finally, the whales. Crypto coins are still in their infancy. That means this market is the real Wild West. The smaller the market cap of a certain crypto coin, the higher the probability that a small group of people detain a huge stake of the assets, enough to dump its price whenever they want. You might not like this but it is the truth. It happens to bitcoin so why wouldn't it happen to much smaller cryptos?

Fundamental Analysis x Technical Analysis

I did some research in order to write about this and I was a bit frustrated since the first article I read started with: "it is easier for beginners to understand Fundamental Analysis". It seems like: if you are a beginner, stick to Fundamentals. When you graduate to the big leagues, then let's talk about Technical Analysis.

You are probably thinking that I don't believe in Technical Analysis. That is not the case. My point is: technical analysis is based on statistics and statistics just make sense when a certain amount of data is being analyzed and when exceptions are exactly this: exceptions.

There are over 5,000 crypto coins in the market. Of those, only the 20 bigger ones  are valued over US$ 1 billion. A company that is valued up to US$ 3 billion is considered small cap. So, what I'm saying is that 4,980 crypto coins are microcap coins. If they were companies, they would have a hard time to get listed on  Nasdaq or NYSE. And the even smaller ones would just be traded over-the-counter (or pink-sheets - I also heard this term). The volume of daily transactions is so small for these ones that I just cannot believe in Technical Analysis for them. Sometimes, they are so small that one person putting a US$ 100k order will make the price soar.

This brings me to the next point: the whales! These guys are able to manipulate the bitcoin price! Imagine what they can do to a US$ 100 M market cap crypto coin?

But I have to admit: it's nice to look at the graphics and see "it's going down, there is the support, after that it will go up because that's what happened last month". It gives us a sensation that we know what is going on.

However, based on the frustration message that I always see in our Telegram group, it seems that a lot of people made their technical analysis and made a bet: "TXL will go up to US$ 1 in 2 weeks from now". Well, that didn't happen. It actually went down.

The irony is that people do their analysis, it goes wrong and it is not their fault. It is always something else. Hence "The Marketing sucks! Because everything is going 4x, 8x, but TXL is going down."

Well, I have news for those guys: TXL made 10x in Jan/Feb 2021 (this year). Too bad you didn't buy in Dec 2020, when even less people knew it... That doesn't mean that TXL is done. On the contrary. I still believe that TXL has much more gains to return to its investors.

But that is based on Fundamental Analysis

Tixl is a huge project! Go check it on Tixl.org. They have:

  1. The Autobahn Network - where people will be able to buy, sell and transfer cryptos in seconds at virtually no cost. 
  2. The Tixl Wallet - the first showcase for the Autobahn Network. It was integrated to BTC in January and to ETH now in May (we tested it in the last week of Apr 2021).
  3. Integrated the  Tixl Wallet to Telegram - instead of copying that ridiculous code that is the wallet address, you just select the person you want to send your BTC or ETH from your Telegram contacts.
  4. The Cross-chain bridge - by using this bridge, projects with crypto coins in the ETH chain can transfer their tokens to the BEP chain (and vice-versa), where fees are much lower - this initiative, specifically, already generates revenue!
  5. Designed a TXL staking program that is simply genius because it generates appreciation pressure twice: first by encouraging people to stake their tokens and second by buying tokens from the market for staking rewards.

That is not all they have done and there is much more yet to come!

But these few examples that I gave are part of the Fundamental Analysis. If you go to their website, read their posts on Twitter, join the Telegram Group, you will learn about the project and get to your own conclusions. After putting all that together, I conclude that $TXL has no choice but to go up. And I think that will be soon. I just don't know how to time it.

This is a long-term project

Yes, once again: this is a long-term project, with a very low market cap today.

Remember when I mentioned the whales, above? Imagine what would happen to BTC if Elon Musk decides to say he doesn't believe in it anymore and is selling US$ 2 billion worth of BTC in the next few days. When he said Tesla would buy US$ 1.5 billion in BTC, it popped from US$ 40,000 to US$ 50,000+. I wouldn't be surprised if it dropped 10% to 20% if he decides to dump it. Problem is that, when BTC goes down, most of the other cryptos go down too. And they usually go faster! If you did your homework, instead of crying, you would be buying. That's a typical Warren Buffet move, assuming he believed in crypto.

This is what I believe in: this project has many good use-cases. It has serious people working on it. It has the right economic principles implemented. And it is delivering. It has to go up. I just cannot say that will happen tomorrow or next week or next month. Trying to time the market is insane. And, by the way, this is no financial advise, this is just what I think and you can or not agree with me. Do your own research and get to your conclusions. Don't come crying to me because you invested after reading this and lost money 1 week later. That could happen.

I intend to keep my investment for a long time!


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