The News Pit

HEX Dips in Price, Here’s why Investors Need to Make the Most out of it

By Vinod Dsouza Updated - 18th October 2021

HEX dipped drastically for the first time in 2021 and is down close to -38.1% since last week. The coin which reached its all-time high (ATH) of $0.51 on September 6, is now fallen to half and is trading at $0.26 at present.

Investors who know the history of HEX’s price and movements are making good use of the dip as several whales were reported to have picked up the coin when it slumped, as data on Etherscan.io shows whales purchasing close to $1.2 million HEX almost daily.

HEX has a history of doubling its price since its inception on December 9, 2021, and has so far doubled in price 13 times approximately every 48 days. However, this time the ‘price doubling’ seems to be unlikely but is giving investors to grab hold of it for a good deal as HEX has rarely dipped in price in 2021.

However, a bot is educating investors about HEX’s recent dip and its extreme price fluctuations that have created life-changing wealth and also the extreme dips that had made investors withstand harsh conditions.

Also Read: Shiba Inu Whale Buys the ‘Dip’, Takes Entry Position with $1.1 Million Purchase

”HEX’s life-changing wealth comes with extreme price volatility. Most successful investors have had to withstand harsh price fluctuations. On its way to 2,000,000x returns in 7 years the Bitcoin price dipped 94%, 95% 81% and 86%, on some exchanges it flash crashed as close to $0 as possible. Amazon dropped 95% once too. Now it’s 50% of all Internet sales in the USA.”

The bot also sheds light on HEX’s extreme price dips in the past, ”In its first year, HEX’s price has dipped 81%, 73%, 59%, 67%, 87% and then gone on to make new all-time highs. Price dips are often opportunities for the impatient to give their money to the patient. HEX’s large price movements up and down are a feature, not a bug. People that buy tops and sell bottoms hand their money to those that buy bottoms and sell tops.”

Also Read: Women Empowerment Token (WEMP) Rises 2,000% Within Three Days of Its Launch

”Notice that HEX tells you right here on the front page (website) that the price will go up and down violently, Bitcoin’s and Ethereum’s websites do not. When the most important thing to users is the price, what would be more important than discussing it? HEX is about realistic expectation.”

HEX at the time of publishing was trading at $0.26 and is down -3.91% in the days’ trade.