I dabbled in XMR. The hated slut of crypto it seemed. It was dirty. Dirty was good. Never got much press except bad press. But I liked to think some smart folks were holding it. Liked how it just kind of hung out quietly. Which is why I think it survives and bounces back up. Plus the name just sounded cool lol. Like a real life tradings currency.super solid post .. im not a big metaverse guy anymore .. im way more a believer in AUGMENTED realirty than virtual reality
dosnt m,ean mana wasnt / isnt a badass play
i loved dot, that trade you made / how you played it was PRO ..
i hated the way DOT behaved price action wise once it actually took off
funny i have a col;umn on my todo called 'intrigued/research'
thats my top research to do list
polkadot 2.00
next think i i knew it was 16 then 40
seems like so much selling pressure on that rise , maybe thats out the way and this time will be differebt
i love what they builot ecosystem wise .. polkastarter was a bad ass dex/launchpad that launced a buynch of meta projects off it theres a few other projects within their eco that I LOVE that are enabled becauyse of DOT
LTC might as well be a stablecpoin with upsided lol
they have totally become outdated havent made any improvements at all
THEN ethereum goes POS
maybe just maybe theres a chance people look fopr a POW safe haven when some POS panic fud hits
either way ive always admired LTC
HAVE a collegue that has been killing it mining Monero waitying for him to give me the play book
on how hes doing ity he is cleaning up
GREAT POST
Yes, Dot has a good eco. I was never a ETH Guy. Basically because everyone sucked it off. I think ETH is great don’t get me wrong. So I went elsewhere and Dot. Both have ETH ties so I felt Dot had some Ex ETH guys working on it and would be solid. Not a scam etc. staking was great for passive income. Few Dots a month added up. I always did well getting inand out of Dot. Maybe just lucky since I kept up with it each day. Polka Dot had a catchy name to me also. Silly reason but sometimes that stuff pays off. Google was surely a laughing stock years ago with that name. Never know though.
I got crushed in a trade when Elon tweet sent market crashing over a year ago. I was looking to get out end of May. Summer months I figured the downside came. Too much talk about bull run into December etc. I was about a week late from getting out. Wanted to be early not late to the party. And I’ve been on sidelines over a year now. May get back in if Dot can crash around $3ish
I’m not a chart guy. Imo if charts were so effective we all would be good. I tend to eyeball. In crypto certain things moved together in rotating weeks or months. Example was Link and Dot and Aave I believe. The market would push certain ones at same time and that’s where I timed things. Sunday nights were like clockwork sell offs. So I’d buy on Monday’s and sell on fridays. Taking small profits. Then take profits go buy more Dot. The algorithm trading bots 24/7 made crypto easier imo. If a chart showed a pattern I’d do the opposite. So for me it was just eyeball prices every day. Pay attention to time of month. And remembered prices and how they moved. Around the 3rd week of each month 19th-20th I’d usually sell everything except my Dot. Seemed the markets took big dips around then. And I’d buy back end of month sometimes very beginning next month. Worked out well for me. Just lucky I guess.
Anyway just my opinion, but Btc Ltc XMR ETH Dot mana sand link I believe survive along with few others. So if patience then a good entry point and few years down road I’d believe profits show up nicely.