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04-06-2021, 06:51 AM #31
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04-06-2021, 04:07 PM #32
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04-06-2021, 07:08 PM #33
I was on your side for a long time but now have gained enough experience to share some wisdom...
Cryptocurrencies are based off Network effect and not "Stocks". In a crypto community, the cost of producing effort is near zero. There are barely any employees, no restrictions on geography, and you can implement fast updates to the protocol to enhance utility for token hodlers
There are even mechanisms put in to instantly re-distribute income through fees, back to the token hodlers. Imagine Apple stocks gave you money when every iPhone and iPad was sold, instantly?
This is why we see huge billion dollar valuations everywhere.
Imagine what Apple would be priced at, if it only had 10 workers and it didn't have to deliver its product to stores, but instead through the internet?
Hope this sheds some light... this is a new asset class. The Boomer Stonks guys are unable to wrap their head around it because they're frothing for +20% yearly return in a Box Factory
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04-06-2021, 07:28 PM #34
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04-06-2021, 07:48 PM #35
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04-06-2021, 07:55 PM #36
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04-08-2021, 02:24 PM #37
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04-08-2021, 02:31 PM #38
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04-13-2021, 04:59 PM #39
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04-14-2021, 09:06 PM #40
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04-14-2021, 09:15 PM #41
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04-14-2021, 09:16 PM #42
So newcomers might get a 2x, 5x or luckily a 10x return if they enter now. But what about the first adopters or the founders? What did they get? 1000x? 10,000x?
If you want to make money in Crypto you have to be in things early before they take off. Otherwise you're the one risking everything to make rich men richer.
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04-14-2021, 09:18 PM #43
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04-14-2021, 09:21 PM #44
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04-14-2021, 09:21 PM #45
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04-14-2021, 10:49 PM #46
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04-14-2021, 11:08 PM #47
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04-14-2021, 11:54 PM #48
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04-15-2021, 01:41 AM #49
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04-15-2021, 01:46 AM #50
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04-15-2021, 02:25 AM #51
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04-15-2021, 07:42 AM #52
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04-15-2021, 07:49 AM #53
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04-15-2021, 07:52 AM #54
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04-15-2021, 08:07 AM #55
Just returned to the market after a couple year break
Don’t see any value in this new set of hot air coins
But alt season is alt season
What I learned from 2017 is it doesn’t matter what vapourware shetcoin you buy as long as it’s on the major exchange.
LINK is just another useless shet with too many billions in valuation, you aren’t 10xing BTC values off it at this stage maybe if you held to the true end of alt season after BTC collapse but even then you’d really have to sell the top
To me the better bet is to find 10-50m caps on Binance that atleast have active social media and preferably some active development and split 1k between 6 of them.Only MISC for Crypto Crew
Never Sleep Crew
Crypto Makes Everyone CEO 10k Day Crew
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04-15-2021, 08:33 AM #56
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04-15-2021, 09:04 AM #57
- Join Date: Jan 2013
- Location: United Kingdom (Great Britain)
- Age: 32
- Posts: 4,208
- Rep Power: 58957
He posted on his twitter page a few posts up.
I put I've got 3.5 Chainlink, just over £100 - not much, but enough to join in the fun.
90% of the portfolio is being held in bitcoin and 5% in Eth and 5% in ****coins
edit: got in on chainlink when OP first spoke about it around £20/coin, now its £33/coin.
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04-15-2021, 09:16 AM #58
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04-15-2021, 09:18 AM #59
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04-15-2021, 09:59 AM #60
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