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Reddit Posts

r/CryptoCurrencySee Post

Algorand CEO Staci Warden's X account hacked - mocks ALGO investors for being poor while urging them to buy ETH instead

r/CryptoCurrencySee Post

Algorand (ALGO) Stuns In Q4: Market Cap Soars, TVL Doubles, And User Base Skyrockets

r/CryptoCurrencySee Post

The Algorand 2024 road map has dropped, The Algorand Gambit. Consensus Incentivization, P2P Gossip Network (Relay Nodes become optional), AlgoKit 2.0 (Pure Python Programming), Dynamic Round Times (aka Dynamic Lambda), and Non-Archival Relay Nodes.

r/CryptoMoonShotsSee Post

ButtCoinASA | FREE BUTTS | Tinyman Farming Rewards Flowing!

r/CryptoCurrencySee Post

Where is the market heading? I’m buying the future!

r/CryptoCurrencySee Post

Why I would never invest in Algorand, but happy for the people who made their gains.

r/CryptoCurrencySee Post

Algorand will be the biggest utility Layer 1 in crypto

r/CryptoCurrencySee Post

I asked AI to give me a hypothetical bullrun strategy, along with examples of undervalued alts.

r/CryptoCurrencySee Post

How do you REALLY think the market will react to the ETF approval?

r/CryptoCurrencySee Post

Santa Rally is most likely over guys, Sell Now or Regter it Later

r/CryptoCurrencySee Post

I want to accept crypto for my business but…

r/CryptoCurrencySee Post

Last bull people were looking for the next "ETH-killer", this time people will hunt for the next SOL-killer

r/CryptoCurrencySee Post

Where to store my assets.

r/CryptoCurrencySee Post

Owe IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

Owe the IRS over 50k from 2021. Looking for advice

r/CryptoCurrencySee Post

$20K in a single coin, which one?

r/CryptoCurrencySee Post

XDC is way undervalued and overlooked

r/CryptoCurrencySee Post

Cathy Wood calls out Gensler teaching and speaking positively on Crypto at MIT and says his political ambitions are keeping him from approving spot ETFs.

r/CryptoCurrencySee Post

Small Coins Just Sitting Around

r/CryptoCurrencySee Post

crypto depression

r/CryptoCurrencySee Post

What are your bags in now that we're solidly in the bull market? Is ALGORAND a good buy?

r/CryptoCurrencySee Post

[SERIOUS] Critique my 2025 Bull Run Portfolio

r/CryptoCurrencySee Post

US OCC to host discussion on tokenization of real-world assets

r/CryptoCurrencySee Post

Without community points, you no longer have any reason to fear. Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - without community points, you no longer have any reason to fear! Take this opportunity to tell me all your opinions that would be deemed unpopular.

r/CryptoCurrencySee Post

Look on the bright side - you no long have any reason to fear obtaining negative karma here! Take this opportunity to tell me all your opinions and comments that would be deemed unpopular in this subreddit.

r/CryptoCurrencySee Post

Algorand Explorer Powered By ChatGPT launched; Will ALGO Find Reprieve From Aggressive Sellers?

r/CryptoCurrencySee Post

Need a little help from the community

r/CryptoCurrencySee Post

Why do people still actively buy and hold inflationary tokens?

r/CryptoCurrencySee Post

Algorand (ALGO) May Have A Chance For A Bullish Streak

r/CryptoCurrencySee Post

Today marks 2 years that I got into crypto! Here are some learnings from this journey so far

r/CryptoCurrencySee Post

Purely from a tokenomics perspective, which are the best projects out there?

r/CryptoCurrencySee Post

My current portfolio/alt coin problem

r/CryptoCurrencySee Post

Double Down on Algorand?

r/CryptoCurrencySee Post

There is some great advice in this space - a couple anecdotes

r/CryptoCurrencySee Post

Is this huge ALGO buy a genius move or a lost cause?

r/CryptoCurrencySee Post

Algorand may instigate a buzz but will ALGO traders buy into the hype?

r/CryptoCurrencySee Post

10 reasons why we need to LEAVE crypto ASAP!!!!(PLEASE, read through to the end, DON'T read through the end)

r/CryptoCurrencySee Post

Famous companies and crypto partnerships

r/CryptoCurrencySee Post

Crypto Roulette

r/CryptoCurrencySee Post

Crypto myths busted

r/CryptoCurrencySee Post

Things to note if you want to stake your crypto

r/CryptoCurrencySee Post

Crypto downturn sinks ALGO to all-time low

r/CryptoCurrencySee Post

I bought a bag of ALGO last week before the recent market dip. Am I deluded in thinking the sinking ship will do well in the next bull run? What other Altcoins have you been accumulating in the last 3 months?

r/CryptoCurrencySee Post

Crypto news sites and their use of "...but there's a catch" (Spoiler Alert: It's all clickbait!)

r/CryptoMarketsSee Post

Digital Investor (03): Why did BTC Crash? Congress v. CBDCs; ALGO Dying... or Dead?

r/CryptoCurrencySee Post

Digital Investor (03): Why did BTC Crash? Congress v. CBDCs; ALGO Dying... or Dead?

r/CryptoCurrencySee Post

Roll back the clock - if you could be in on the ground floor of any project, what would it be?

r/CryptoCurrencySee Post

There is a simple reason (among others) why ALGO did not live up to the expectations - learn more about circulating supply and market cap.

r/CryptoCurrencySee Post

Algorand - What caused its demise?

r/CryptoCurrencySee Post

Algorand (ALGO) Price Falls to New All-Time Low, Hitting $0.09 - Where to Next?

r/CryptoCurrencySee Post

Comparing how Popular Projects are holding up over the Bear Market after Aug. 17th Flash Crash.

r/CryptoCurrencySee Post

Somedays Are Easier Than Others by Overall-Extension608

r/CryptoCurrencySee Post

Somedays Are Easier Than Others by Overall-Extension608

r/CryptoCurrencySee Post

Comparing Technology of HBAR, XRP, and ALGO on the Basis of Speed, Use Cases and Scalability.

r/CryptoCurrencySee Post

What do you miss and not miss about Bullruns?

r/CryptoCurrencySee Post

What does your portfolio look like? And how has it fared?

r/CryptoCurrencySee Post

FTT can possibly get valued at zero. Once again regulators are punished for missing flywheel tokens and so is retail.

r/CryptoCurrencySee Post

Planning to load up a fat bag of altcoins: XRP, ALGO, LINK, DOT, SOL, UNI, + more?

r/CryptoCurrencySee Post

Myth buster: Algorand has BRILLIANT tokenomics, and here’s why:

r/CryptoCurrencySee Post

The importance of market cap over coin / token value.

r/CryptoCurrencySee Post

Will "inverse r/cryptocurrency sub" strike again?

r/CryptoCurrencySee Post

EVM vs all other chains

r/CryptoCurrencySee Post

Any regrets from the past few years?

r/CryptoCurrencySee Post

Your best and worst financial decisions?

r/CryptoCurrencySee Post

XRP, QNT, XLM, HBAR, MIOTA, XDC, ALGO, and ADA certified as ISO 20022-compliant

r/CryptoCurrencySee Post

What are your thoughts on the future of ALGO?

r/CryptoCurrencySee Post

MOON-motivated posts and comments, this sub is a echochamber of its own

r/CryptoCurrencySee Post

What's with a huge whale wallet that holds over 6% of Algorand total supply? It is not identified as an Algo team wallet and senders and token balance changes indicate it's very unlikely to be a DEX/exchange.

r/CryptoCurrencySee Post

Give me some hopium for Algorand

r/CryptoCurrencySee Post

People here often joke that we should inverse this subreddit. Is there truth to this idea and why (not)?

r/CryptoCurrencySee Post

I would suggest to just enjoy the moment that we have been waiting for years right now, instead of making "the next Bull Market predictions".

r/CryptoCurrencySee Post

The problem with Crypto Specific Subs - Algorand Edition.

r/CryptoCurrencySee Post

The problem with Crypto Specific Subs. Algorand Edition

r/CryptoCurrencySee Post

Clash Royale style gaming competition. Crypto money prize.

r/SatoshiStreetBetsSee Post

On June 6, 2023 - Jim Cramer has called the following cryptos "counterfeit tokens" and said "If you're in them, you're fool. Since then: SOL (+27%), ADA (+6.5%), MATIC (+6.3%), FIL (+38%), ATOM (+13%), SAND (+12%), MANA (+17%), ALGO (+18%), AXS (+28%), CODE (+20%)

r/CryptoCurrencySee Post

What makes a coin popular? (Spoiler: it is not tech or utility)

r/CryptoCurrencySee Post

How to Create and Launch a Shitcoin on Algorand for less than a Dollar

r/CryptoCurrencySee Post

DWF Labs and Algorand Foundation Reach Strategic Partnership - The first component of the partnership involves a $50 million ALGO token purchase agreement to, in part, provide liquidity into the Algorand ecosystem.

r/CryptoCurrencySee Post

Have some spare time for gaming this week? Let's play Cosmic Champs, a play to earn, tower rush, real time strategy game

r/CryptoCurrencySee Post

What to do with my smallish Voyager claim?

r/CryptoCurrencySee Post

Microsoft Quantum Machine Technology

r/CryptoCurrencySee Post

If you joined during the 2021 bull run and you're still here; you deserve all the gains.

r/CryptoCurrencySee Post

Comparing Coins Performance: Last Year vs. This Year - Algo, Matic, Atom, Xrp, Link and more

r/CryptoCurrencySee Post

So how's the grass?

r/CryptoMarketsSee Post

eToro Restricts US Customers from Trading ALGO,MANA, MATIC,DASH tokens Amidst SEC Lawsuits

r/CryptoMarketsSee Post

eToro to Delist ALGO, MATIC, MANA, and DASH for US Customers

r/CryptoCurrencySee Post

Heavily invested in SOL, ATOM, and AVAX! Looking for suggestions on other alts while things are cheap!

r/CryptoCurrencySee Post

Last year around December 2022, we were a lot lower than we are today...this is not a crash, this is usual crypto volatility

r/CryptoCurrencySee Post

Well, at least after all this doom and gloom we can not say anymore that Crypto is boring. You get free entertainment everyday here.

r/CryptoCurrencySee Post

Do you guys think that it is time to write off all non-ETH L1s?

r/CryptoCurrencySee Post

SEC not going after ETH

r/CryptoCurrencySee Post

Anyone else glad they got out of ALGO even if late?

r/CryptoCurrencySee Post

Over under on alt survival?

r/CryptoCurrencySee Post

All Algorand Holders are now at a loss as the coin hits a new All Time Low of ~$.0958 dropping below it's March 2020 flash crash levels.

r/SatoshiStreetBetsSee Post

ButtCoin | ALGO’s Number One Meme Coin Has Bridged to Polygon

r/CryptoMoonShotsSee Post

ButtCoin | ALGO’s Number One Meme Coin Has Bridged to MATIC

r/CryptoCurrencySee Post

It doesn't matter if SEC attacks more exchanges.

r/CryptoCurrencySee Post

Just yesterday we had 10k BTC being withdrawn from Binance, that was 1.5% of their balance. We are yet to see any significant stress-test for them.

r/CryptoMarketsSee Post

Watch Gary Gensler defend ALGO and its founders in 2019. Today, the SEC alleges that ALGO is unlawful security ...

Mentions

60% BTC 20% ETH 5% AVAX 5% XLM 3% ALGO 3% ATOM 3% Everything else

All I just need is a 100x on QANX and ALGO and I will retire

Mentions:#QANX#ALGO

I’m bullish on ALGO Yet to pump so still a great return to be had Quantum secure, 80% in circulation, 10,000 tps, moving to paid nodes soon, moving to python later this quarter which has more devs than any other language, deals with fifa, banks, the UN It’s ridiculously undervalued

Mentions:#ALGO

That's your honest response, I'm sure. It's a shame. That's ok, cream rises to the top, and that's exactly what's happening. ALGO is what everyone claims they want (aside from gambling), and it's becoming harder to ignore it.

Mentions:#ALGO

I said nothing about it; you must be referencing OP. But, factually speaking, ALGO tech outperforms XRP tech. XRP may be faster than some, but it's not faster than ALGO. I understand you've had a nice experience with XRP, and that's cool. Do what makes you happy, I guess.

Mentions:#OP#ALGO#XRP

ADA, SOL, ALGO, SUI, IAGON, XRP, and SNEK for a moonshot

Like the network, dislike the token. Algorand is one of those networks that is super cheap, super fast, has excellent future-proof scaling, and has great user experience. The ALGO token, on the other hand, isn't something I'd ever hold in great quantities. $5 of ALGO is probably enough for a decade's worth of DeFi activity since Tx fees are so cheap. The inflation, poor price action, lack of economic incentives for validators, and questionable governance measures are all reasons I wouldn't hold anything past $5 unless I'm participating in governance. Also, Staci Warden has run Algorand so unprofessionally and needs to be replaced.

Mentions:#ALGO

I think you're quite mistaken. ALGO has 2.8 second blocks with instant finality. And some of the highest smart contract throughput in the game.

Mentions:#ALGO

Not true. They still allow withdrawals. For many coins the fee is extremely high or you have to send at least XX coins. I am telling you I thought everything I had was stuck until I sold to USDT and transferred out via Algorand for a $2 Kucoin fee and Algorand network charge of .001 ALGO. VPN isn’t even necessary but it does stop the pop-ups.

Mentions:#XX#USDT#ALGO

VET, ALGO, And ROSE. Vet has many use cases and ROSE I am just in from advice from smart people

Whaaat I love my ALGO cause it made me a governor.

Mentions:#ALGO

This is spot on. I ditched my ALGO bag when it was $0.22 because I thought BTC was better. Used it to buy BTC at $27K, we're at 50+ now while ALGO still crabs

Mentions:#ALGO#BTC

Wait, wait, wait ... I though ALGO bad and SOL good ... when did that change?

Mentions:#ALGO#SOL

ALGO is such a disappointment I continue to hold, but damn it just keeps teasing then down we go again

Mentions:#ALGO

Pretty much everything that has been shilled in the last bull run will further fall in comparison to BTC. Don't be the guy buying NANO, ALGO or NEO in 2024

Mentions:#BTC#ALGO#NEO

Okay, now compare ALGO and SOL price.

Mentions:#ALGO#SOL

I'm glad I'm not the only one who read the OP as if it was ALGO 2 to 3 years ago.

Mentions:#OP#ALGO

ALGO just casually still down 90% against BTC

Mentions:#ALGO#BTC

These coins wont reach their ATH this bullrun: ADA, DOT, DOGE, MATIC, ICP, SHIB, LTC, ATOM, ALGO, XTZ RIP these coins

ALGO now at 80% of its max supply SOL doesn’t even have a max supply People moan about Algo tokenomics and inflation but they’re no longer a problem. One of the strongest parts of Algo is how rare it’s become.

Mentions:#ALGO#SOL

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#AMM#ALGO#ETH

>At least that ALGO inflation was outlined in tokenomics and driven by algorithm. It's literally no different with SOL, OP just hilariously ignored or doesn't understand that token unlocks exist. >Regardless, the inflation was astronomical, but it's behind us. Also the same with SOL, no more unlocks and inflation is modest and will continue to shrink until 1.5%.

Mentions:#ALGO#SOL#OP

All i know is that this sub loved ALGO and hated SOL. Now SOL is killing it while ALGO is still in the shitter.

Mentions:#ALGO#SOL

At least that ALGO inflation was outlined in tokenomics and driven by algorithm. Demand pushed accelerated vesting ahead by years. And, 80% of total supply is in circulation now with low inflation from here. Inflation PTSD may have me blocking it out but I don't recall it being 150%. Unless you use CMC as your source. CMC was misreporting circulating supply for ALGO until Q4 2021. It makes the inflation rate for 2021 basically double or somethin' asking those lines. CMC made the correction, but of course it wasn't corrected retroactively and will forever tell the story incorrectly. Regardless, the inflation was astronomical, but it's behind us.

Mentions:#ALGO

Id still rather buy SOL than shit like ALGO tbh

Mentions:#SOL#ALGO

It will be interesting this run to see what happens to projects that run out of supply to dump into the ecosystem. XYO is 97% distributed. ALGO is now up to 80%.

Mentions:#XYO#ALGO

#Algorand Pro-Arguments Below is a Algorand pro-argument written by a deleted user. > ####**Incredibly fast and high throughput** > > Algorand is arguably the fastest decentralized blockchain in the Top 50 > > The Algorand [v3.9.x update](https://github.com/algorand/go-algorand/pull/4506) in Sep 2022: > > * Increased block size 5x to a max throughput of ~6K TPS > * Decreased block time to ~4s (with deterministic finality). This is one of the few blockchains with finality fast enough to be used for Point of Sales. > > **Fastest swaps**: D13 recently performed a real AMM Swap benchmark where they reached **2881 swaps per second**. This easily [beats out every other L1](https://medium.com/dragonfly-research/the-amm-test-a-no-bs-look-at-l1-performance-4c8c2129d581), including Polygon (by 60x), BSC (15x), Avalanche C-Chain (90x), and even Solana by 10x. Nothing else comes close. > > ####**Very cheap transaction fees** > > Algorand is among the cheapest networks to use. All basic transactions have a 0.001 ALGO fee, which is currently $0.00025. > > Smart contracts have a [700 opscode budget](https://developer.algorand.org/tutorials/understanding-teal-opcode-budget/) before they need to be split into multiple transactions. As such, swaps are equivalent to 4 basic transactions, which is still only $0.001 in transaction fees. > > ####**Energy-efficient** > > Like most PoS blockchains, Algorand has no mining. Even if it increased its participation node count to 4000 (currently 2500), it would be [~1 billion times more energy-efficient than Bitcoin](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) per transaction. > > ####**Using Governance for Marketing** > > Algorand heavily markets its Governance program, which is used to vote on how to distribute community rewards and whether DeFi dApps should get a rewards bonus. This boosts the popularity of Algorand as it provides quarterly community marketing. This also encourages Algorand holders to keep holding their ALGO in governance quarter after quarter (until the rewards run out). > > ####**Low staking barriers for participation nodes** > > Unlike Ethereum with its 32-ETH staking requirement, there are no staking requirements for joining as a participation node. In fact, the smallest-staking node only has [2 ALGO](https://metrics.algorand.org/#/decentralization/) (so small it probably has no chance of ever being selected for participation within a lifetime). ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find submissions for other topics.

Mentions:#AMM#ALGO#ETH

HBAR is used by a lots of programmer I know. They swear for HBAR and ALGO. Good Usecase and working Blockchain for programming

Mentions:#HBAR#ALGO

God... I always had pretty unfortunate timing with crypto. started dca'ing in 2021, bought a lot of the Alt coins that lost most of their value (LUNA, ALGO, ONE, DOT) and really struggled during the bear market but financially, so I didn't have much to invest. I DCA'd what I had in bitcoin, most of my port folio was (and still is) in ETH. but now after 2 years of uncertainty and doubt, i am finally in the overall green again after the last ETH pump. also moons pumping which is nice. good start for the week 😀

/r/cryptocurrency was pumping ALGO and Cosmos a year ago. I’d take anything they say with a grain of salt.

Mentions:#ALGO

Ah I remember the same sentiment around ALGO

Mentions:#ALGO

in general I think it's too early to call but with you on ALGO. Also will be interesting to see what happens with ONE, FLUX and KDA.

Bad assumption(s) by both of us, I guess. Bitcoin is #2 behind my ALGO, actually. My eyes are wide open, and some tribalism makes all the sense in the world for people investing in what they actually believe in. Ethereum is garbage, and, as the space matures, its dominant ecosystem will be demoted several pegs. If not, it means the market will forever be Bitcoin and retail gambling on nonsense memes with bad tech.

Mentions:#ALGO

So you’re happy Algorand is going to be used in the CBDC that will be used to enslave yourself? Good luck with that one. Profit is important, but it’s about more than just that. Either way, ALGO has been an underperformer so far

Mentions:#ALGO

I agree that the SEC is a joke and does not act in good faith. The problem is that no matter where a company is based, the US market is huge and it can be a deathblow or at least a huge burden for any company who isn’t in compliance to operate here. I imagine a large part of Algorand’s market cap came from Americans buying ALGO as I once did.

Mentions:#SEC#ALGO

ATOM and ALGO are both a no go this cycle.

Mentions:#ATOM#ALGO

I would keep only ALGO

Mentions:#ALGO

I have a few coins from the last bull run that I hoped would go up again, but now I can see they are vastly underperforming. Any of these worth keeping? ONE, LRC, ALGO, FTM, FIL, CAKE

About the same time as the ALGO ETF

Mentions:#ALGO#ETF

ALGO finally going up, had to happen sometime

Mentions:#ALGO

I held ALGO for years and finally took my losses last year and put into BTC and ETH. I'm scared to go back.

Mentions:#ALGO#BTC#ETH

They are both on my exit forever list for this next bull run. Same with ALGO, BNB, LTC, and a couple others that are probably going nowhere moving forward.

Mentions:#ALGO#BNB#LTC

In my opinion, SUI shows promising prospects, which is why I'm investing in some of the projects within its ecosystem. The same holds true for other ventures like QAN, IOTA, and ALGO, aligning with the current surge in Quantum resistance and DEPIN projects.

"satoshi sold his bitcoin, no big deal" some people just refuse to see the light. Litecoin will range from 0 to it's previous ath probably forever and forever losing value denominated in bitcoin. We are still on the cusp of the bull market and people still have a chance to exit these dino coins but refuse to. shiny is better people. Only bitcoin and ETH are even slightly safe to make new aths. Why do you want to hold something that thousands of people are still in the red on desperately waiting to sell at break even. ADA, ALGO, LTC, XRP are all doomed coins

20-40 vs what currency? VET has stayed between $0.015-$0.04 USD for the past 18 months. It has spent its entire life below $0.10 USD, except for the 6 months where the alt market lost its mind. Other alts have had some bounceback proportional to ETH, but not VET and ALGO which seemed like two of the more promising applications during the start of the bubble. ALGO struggling makes sense to me, because I did not feel comfortable with the outcome of a couple of its governance votes. VET still seems to be able to perform its utility effectively, though. Wondering why it hasn't had the same upward volatility as other alts. Prob just due to too low of market cap? I DCA'd down from $0.11 through about $0.035 and got tired of waiting for any positive news or momentum. Harvested those losses last year to offset gains across the rest of my portfolio so not the end of the world.

I am still holding for you ALGO.. ?

Mentions:#ALGO

Ooooooh, 1.80 to .80 cents then stopped. That's a rough one. Can I ask what your original investment amount was? I'm not really worried about ALGO. It has some solid platforms built on it. Lofty AI is a prime example. I'm keeping a close eye on real estate, crypto, and fractional share ownership. Could be an interesting idea future state. I like crypto for housing to increase the speed of buying and selling homes. Sometimes, it can take months to close on a home. We can buy a car in a few hours, but can't do that for a house. I never understood or liked how we have home buying setup in the US. Or crowdfund buying a house in like a day is a cool concept to me. But I digress. ​ ALGO dipped down to 0.08 cents like 6 months ago and now it is back up to 0.18. It has plenty of room to go back up. You got in during its peak so you got hit very hard. This is why if I see a good project in the negative. I never stop the DCA. I keep funneling a certain amount into it. Decreases my average buy in price and could put you back in the green depending on the dip. ​ At the very least, tax harvest the negative balance every year until you are back in the green. You technically had the year of 2021, 2022, and 2023 to tax harvest. ​ Ex: In the US, there is a $3,000 capital loss limit per year that can be applied to a tax return. This can be carried over every year until back in the green. Think of it like a tax break until you get your total amount back. That would be about $9,000 dollars total over the last three years depending on your original balance.

Mentions:#ALGO#DCA

ALGO has a horrible foundation driving it. They keep minting a shitload of ALGO to subsidize NFT bullshit that few want to participate in, as well as subsidizing their weak DEX offerings in an attempt to get people away from governance directly. ​ ALGO's entire strategy seems to be: * Reduce rewards for being governors. * Mint a shitload of ALGO to pay for special rewards to DEX stakers. * Encourage the use of ALGO-by-proxy tokens like gALGO and similar, with the idea being people should stake their ALGO with some unreliable DEX -> receive their untrustworthy token to use instead of ALGO -> participate in governance-by-proxy. Meanwhile, you absolutely cannot protect your assets with hardware wallets in this manner because you've committed them to some LP or similar, and have effectively transferred control to someone else in exchange for a spin-off of the actual coin. Which has no guaranteed price lock, since the match could go belly up and you're left holding the bag for a derivative product. ​ And, of course, the ALGO top dogs keep paying themselves a lot of money, while denying community direction via governance. For example, if something doesn't pass they will simply keep putting it up over and over and over again until they get the result they want. It is even worse not because xGovs can influence things instead of all governors. ​ And I say this as someone who holds a decent amount of ALGO. I like the project, it is fast and cheap, but the leadership is incompetent. They cut deals with stupid shit nobody cares about in crypto, like FIFA or buying ads in NYC, and you actually see negative price pressure from it because that could have been better spent elsewhere.

2021'er checking in. Loving this run but ALGO is still such a major anchor on my portfolio :/ it's the tech right?

Mentions:#ALGO

That's not true actually. I DCAd heavily into ALGO... still sitting at -48% 😰

Mentions:#ALGO

RE: average down replies. This is what I said 3 days ago "I have too many coins that lost up to 90% of its value, which I averaged down. ADA, DOT, ONE (!!!), MATIC, SOL, ALGO, IMX to name a few. Never did for CKB."

OP really hates ALGO and think it's a scam, but still believe it will 10x to $2. Bro...if you believe it's going to 10x, buy more now

Mentions:#OP#ALGO

Thanks for the downvote, I guess. I understand your view. I also understand why I'm investing long term in Algorand. The retail meme bullshit will probably have its place in the years to come, and I wouldn't mind seeing more of it in the ALGO ecosystem, but real world assets/utility/adoption is what I'm investing in, and Algorand is unmatched in that department. This means the upside is way higher than all the other crap being peddled including ETH, SOL, ADA, etc. ALGO does what they do but far better, and I'll continue to wait while retail figures that out at some point in the future. Meanwhile, NFT airline tickets, etc will tide me over.

Exactly. Research on your own. And then tell me what you think possibly beats ALGO. And if you think a higher market cap tells the story and all the other metrics are irrelevant, say no more. Keep on doing what you're doing.

Mentions:#ALGO

Man what a high quality, well thought out, level headed post. /s Relax man, everyone and their goldfish knows that ALGO got hit hard this bear market. To say the price action has been less than desirable is an understatement. I should know, I've got a sizable ALGO bag and I'm currently 60% down on it. It sucks but that's ALTs for you. High highs, low lows. I believe in the long-term success of the project despite the notoriously fickle and inconsistent attitude of r/cryptocurrency. The ecosystem and on-chain development is very exciting and I like the proposals I see from xGovs. Especially with python integration into Algokit 2.0 coming, that really is exciting to me. I love the lighting fast and cheap transactions, and the increasing use cases. If you take issue with the extreme volatility and sometimes poor price action, and if you don't like the project or believe in it, then quit complaining sell your bag and get out of ALTs. Because kicking and screaming on Reddit isn't gonna do a damn thing to get you your money back. If your only objective is consistent financial gain then ALTs are not where you should be putting your money into. And in the end, don't invest more than you're willing to lose, especially when you put that money into ALTs. I hope you make your money back, shit I hope I do too.

Mentions:#ALGO

I got into ALGO at .30 and bought all the way up to $2.40 and bought all the way down to .10 I sold it all at .18 and used the money to buy more BTC. Took a $4k loss but I feel a lot better holding more BTC than I did with ALGO. No more alts for me. I even cashed out my ETH for BTC, but I actually made money on ETH unlike ALGO. I probably would have held onto ALGO if they weren’t using governance proposals to cut non-defi rewards every single time. I should have sold after the second time they proposed slashing vanilla gov rewards.

Mentions:#ALGO#BTC#ETH

[ALGO](https://np.reddit.com/r/AlgorandOfficial/s/9MvRm0cPrM) is the right answer if you want things to work as desired. The chain will have the popularity you're hoping for soon enough. Start development.

Mentions:#ALGO

My average buy price for ALGO is $1.59 💀

Mentions:#ALGO

If you believe that these are ongoing high conviction concerns that have built value since last bull run, then why don't you continue to hold them after this "season"? Otherwise you were a short term holder with no real gains. (DOT & ENJ) If you don't believe in them, then cut your losses and invest in a project you believe will go somewhere this bull run? Otherwise you are just waiting on your stale investments and they will continue to be laggards with no real future anyway. (ALGO, NANO, VET, ADA, XLM)

The 3 alts I picked are all losers: ALGO, FIL, ATOM. Feels bad watching other alts go 3x, 5x, 10x, etc. At least I have some BTC/ETH..

I bought the top. I bought the bottom. I am significantly up on my investments since November 2021. It helps that I started investing in 2017, so I was up even in the depths of the bear market. But if you only look at the funds I invested since say July of 2021 or November of 2021, I am still up. Why? Dollar cost averaging (DCA). I DCA my purchases and sales. When the market goes up, I DCA sell. When the market goes down, I DCA buy. I try to keep my crypto investments at a set percentage range of my overall investments. I won't get a 100x, as I cash out slowly (e.g. 50% out when I get a 2x). But I also stuff my bags when the market crashes as I keep buying as the market goes down. With that said, some of my alt bags are massively negative. I only DCA for BTC/ETH (these make up 90% of my bag). I am down on ALGO. I am down on MATIC. I am down on ATOM (though massively up if you include air drops and staking rewards). I am down on some other alts I sold since 2021 (e.g. AAVE, TRU, ADA, and more). I was also up on alts last bull run (the biggest being SOL that I started buying at 20 and sold the bulk of my bags over $200). And I missed opportunities too. For example, I bought ETH late as I only started in early 2021 with DCA purchases. Crypto is fine as part of an overall investment strategy. Some go degen with altcoins and microcaps. Some go degen mode with 100% crypto. I keep my crypto investment small (10% of total investments). And I mostly stick to BTC/ETH (90% of crypto investments). This means my degen altcoin purchases for non-ETH altcoins is 1% of my total investments. As a 40 year old, this is the risk tolerance I am comfortable with. For a 20 year old, this may be too conservative.

motherfucking VET and ALGO , need to sell this bag asap, but not yet... not yet.

Mentions:#VET#ALGO

Always thought ALGO was neat. Have a bit of it. It's super red :(

Mentions:#ALGO

ALGO, DOT, ADA, XLM, and VET will continue to grow. Had you done any DCA over the last year then you would probaby be around break even by now. I understand that fear of losing money, but it isn't a loss until you sell. ​ Also, did you tax harvest by chance? And if you didn't, well, go look into it. Every country has different laws and limits. But it's a great tool if used correctly.

-50% on ALGO still... Whelp.

Mentions:#ALGO

SOL's bull run is over for now, look at ALGO, CAKE, CHZ, XRP instead.

I have too many coins that lost 80-90% of its value, which I averaged down. ADA, DOT, ONE (!!!), MATIC, SOL, ALGO, IMX to name a few. Never did for CKB. Got 120% gain in the end for IMX. SOL now at 43%. ETH too at 7% green 😂😂 Happy for CKB holders I must say....

I only invest 10% in crypto, nothing more. I have my major holdings of BTC and ETH, and I have some altcoins too, like QANX, ALGO, and NEAR.

I hope Vitalik looks into making ETH quantum resistant soon. IBM already introduced the condor, and chains like ALGO and QAN have been preparing against this possible threat for a while. It's time for ETH to take the lead.

Mentions:#ETH#ALGO

This is me. Although I’d probably split between AVAX and ALGO.

Mentions:#AVAX#ALGO

Sign me up! So i can convert that crap to ALGO.

Mentions:#ALGO

Sup? In ALGO

Mentions:#ALGO

Yeeeaahh but ALGO has like zero usage, if validators are doing work anr you're not paying fees there will be a bad time when it's abused.

Mentions:#ALGO

> That said, my largest position is ALGO by a mile. Bwahahahahahah. Good luck.

Mentions:#ALGO

Makes as much sense as me saying YOU should like a cult member. Like, what?? If you don't realize Bitcoin literally moves the entire crypto market, you're ignorant. It's the only blue chip. That said, my largest position is ALGO by a mile.

Mentions:#ALGO

ALGO is my personal 3., I yolo'd way too much into it. At this point I believe it will either go to zero or do a 100x.

Mentions:#ALGO

Finally someone with the same bingo card! BTC/ALGO all the way! (I don't degen).

Mentions:#BTC#ALGO

1- ALGO Nah im kidding 1- ETH 2- SOL (Might add ARB in the mix) 3-