Albalaha above:
"December 16, 2023, 04:53:06 AM
Look at Nano today. It is at $1.2 today."
I saw that and thought of your post when u first mentioned Nano @ 0.69 a couple months ago. I started tracking it then (I didn't buy any). I researched it some then and actually perceive it has more merit vs many in this sector (Not saying much). I noted it when it hit 0.82 and then in a couple weeks noted it was at 1.20. The companies' prospectus sounds optimistic/ more realistic vs many cryptos. Much of my optimism is due to founder/admin as they appear to have a solid track record.
However, they (like any crypto) can literally make up any claim or promise (just like todays stock market I guess). I saw a statistic recently that suggested over 50% of companies on the stock exchanges are bought/sold based on algorithms trying to predict how buyers/sellers will react (In other words not because a company builds a superior product). Now days it appears many companies spend much of their budget on hype and to just pay a marketing team to "say" their product is superior.
*My main reason for not trying to purchase Nano yet is that I can't use it to purchase a product with a higher intrinsic value(precious metals). Most companies(ones I do business with) only allow five or so: btc,eth,doge,shib,bch,ltc. Im optimistic this list will expand in the future.
I consider the main benefit for purchasing any cryptos at this stage is to utilize the volatility for quick profits. However, one should be alert/don't get caught holding too long. Volatility works both ways.
**I actually think one should utilize approx 2.5% of one's investment portfolio to swing for homeruns (cryptos or other new startups). That could be crypto or any other latest trend.
Same as in gambling. I encourage one to occasionally take one unit of profit from the winning sessions (Even if one typically wagers flat or negpro). Parlay two times(3 wins), collect, then start pressing again with a graduated %(and as always lose your last wager in a W streak).
For example, let's say your typical buy in is $4k with a base unit of $120. Your win goal is >=3units. However, in this session you quickly grab a 4.5 unit win which is slightly larger than normal for you. Take one unit ($120) and Win --go to 250, Win--go to $500, collect 500/add $5 for a $505 wager. Win 505 add $60(.5 of a base unit=$565 next bet), Win at 565--add $40 (.33 of base unit),...etc, til it loses.
THEN, immediately do your homerun trot straight to the cashier's cage.
Cheers,
"December 16, 2023, 04:53:06 AM
Look at Nano today. It is at $1.2 today."
I saw that and thought of your post when u first mentioned Nano @ 0.69 a couple months ago. I started tracking it then (I didn't buy any). I researched it some then and actually perceive it has more merit vs many in this sector (Not saying much). I noted it when it hit 0.82 and then in a couple weeks noted it was at 1.20. The companies' prospectus sounds optimistic/ more realistic vs many cryptos. Much of my optimism is due to founder/admin as they appear to have a solid track record.
However, they (like any crypto) can literally make up any claim or promise (just like todays stock market I guess). I saw a statistic recently that suggested over 50% of companies on the stock exchanges are bought/sold based on algorithms trying to predict how buyers/sellers will react (In other words not because a company builds a superior product). Now days it appears many companies spend much of their budget on hype and to just pay a marketing team to "say" their product is superior.
*My main reason for not trying to purchase Nano yet is that I can't use it to purchase a product with a higher intrinsic value(precious metals). Most companies(ones I do business with) only allow five or so: btc,eth,doge,shib,bch,ltc. Im optimistic this list will expand in the future.
I consider the main benefit for purchasing any cryptos at this stage is to utilize the volatility for quick profits. However, one should be alert/don't get caught holding too long. Volatility works both ways.
**I actually think one should utilize approx 2.5% of one's investment portfolio to swing for homeruns (cryptos or other new startups). That could be crypto or any other latest trend.
Same as in gambling. I encourage one to occasionally take one unit of profit from the winning sessions (Even if one typically wagers flat or negpro). Parlay two times(3 wins), collect, then start pressing again with a graduated %(and as always lose your last wager in a W streak).
For example, let's say your typical buy in is $4k with a base unit of $120. Your win goal is >=3units. However, in this session you quickly grab a 4.5 unit win which is slightly larger than normal for you. Take one unit ($120) and Win --go to 250, Win--go to $500, collect 500/add $5 for a $505 wager. Win 505 add $60(.5 of a base unit=$565 next bet), Win at 565--add $40 (.33 of base unit),...etc, til it loses.
THEN, immediately do your homerun trot straight to the cashier's cage.
Cheers,