Sunday, May 30, 2021

Things we should focus on short-term

1) I believe the team needs to hire a few people to help run/moderate the social media accounts.

  • Seeing comments on the official FB, from scammers pretending to be Elongate... stay on the page for 5 hours is wild. This kind of stuff needs to be removed within a timely manner.

I do NOT think that turning off fb comments is the solution... commenting on a post can make it show up on our friends' newsfeed... which will drive additional traffic to the page. Having a solid social media team can really help us stand out from similar Tokens (who simply opted out of allowing comments).

This is also where the community can help too!!!!!!!

If you see a scam comment. Do your part and report them. Don't just ignore it!

2) The official Facebook page only has <9,000 followers.

  • That is over 4 times less than Discord or Instagram
  • over 3 times less than Reddit followers

Please take a few seconds to like the official fb page.

https://www.facebook.com/elongate.cc/

Older generation isn't on tiktok/instagram/Twitter as often as they are on Facebook.

Sure, I'd love to see Targeted social media Ads and all that marketing stuff as well.

But, we don't need to wait for that to happen! Advertising will be much easier for the marketing team if the FB page has 40,000+ followers in 2 months, as opposed to 8,500. As stated earlier...when followers interact with posts, their friends will see some of it....which is free marketing for us.

Also, if you would like to be even more proactive, don't forget to do a daily google/youtube/twitter search on Elongate to help get it Trending.

I promise you that Doge did NOT get to $0.70 overnight. In fact, after the initial "wild" spike from 0.01 to 0.7.... it sat idle for 2 months between 0.035 and 0.055 before it really took off. And that's after YEARS of being out and being pretty trendy...and in the middle of a bullish market.

Everyone wants to ride the hype during massive gains, but reality is... there are time periods of significant dips that all coins you can think of have gone through.

I see comments from people that say were an "early investor in Doge"... at $0.06 cents 😂. It makes me laugh. I got in quite a bit before them, and don't consider myself to be an early investor, at all.

Anyone holding Elongate right now is truly an early investor. Imagine if you bought Doge at the very beginning. That's what we have right now. There will be ups and downs. Let's ride it out. Stop only looking at All Time Highs. Look at Bitcoin's annual lows too!

3) Please, watch the tone of your comments!

I understand that it's frustrating when you invest, and the prices crash. But that is the unfortunate reality of just about every coin out there, right now. It's just the time period.

  • We caught traction around the time of thr mass dump of Doge which plummeted their prices ( and started to bounce back eventually). This created doubt amongst the masses.

-Then the BTC price crashed shortly after, which dragged down everything else.

-Those events caused a panic selling of crypto which contributed to making big dips, massive.... by making people hesitant to buy in, while they panic sold.

Dips happen. In order to bounce back, 3 things need to occur.

I) BTC, along with the crypto market in general needs to settle down.

  • Could be a few more weeks. Could be a few months. Nobody knows for sure. We just know that eventually it will. Nothing increases forever. And nothing decreases forever when it comes to popular coins.

II) New investors need to buy

  • This is why it's important to watch your negativity!!!

    I'm NOT telling you to be happy if you are down at the moment. I'm not telling you to lie that you turned $300 into $1,000.

I'm simply saying that there is a productive way to voice concerns!

(Ex. actual topics where devs ask for feedback, or making a suggestion post that offers novel ideas)

There are ways that are not productive ( Panicking and stressing out others who are already not overly happy about the current market)

There are also COUNTER-productive ways such as going to a post that highlights progress or news... and flooding the comments with negative crap that has already been put out there 100 times today by others.


Picture a scenario:

A person hears about Elongate. They're somewhat familiar with how stocks and crypto work. They understand there are risks. They come to the subreddit to see what the coin is about... and read some of the feedback from holders. And they see nothing but "Marketing... marketing. We need better marketing omg!!"...

Even if they were ready to risk $300 to invest, before... liking the idea of buying cheap during a dip... there's a good chance they're on the edge. And seeing a boatload of negative comments from panicking "holders" could be the thing that deters them and many others.

Will losing 1 person hurt us? No... absolutely not.

But if we lose 500-1,000 potential "newbie" investors like this a month? That's pretty significant. Even if you set the money (they bring into the pot) aside... Each new holder will likely tell 1-2 people. That's huge at such an early stage.


Also, don't forget that the developers are humans too. Hearing words of encouragement and support from the community would most definitely not hinder their performance in the future as long as we also provide them with good, fair/constructive feedback.

III) Holders need to HODL. If you can afford to.

-Let's be real here. Shit happens in life. You might need money really bad... or you might hit your target profit and cash out. I'm not going to hate you, hell... we won't even know who you are.

All I'm saying is... if you legit believe that Elongate can hit 0.001 some day... and can afford to hold with us. I'm not selling a single token anytime this year. Or the next. Or the next. Or the next

P.S. If you click the "social tab" Devs have neatly laid out all of the official social media accounts and provided a list of all the Reddit usernames who are legitimately part of the team (mods).

When in doubt, check the list. Don't fall for scams.


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