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"A NEW DAWN" 2h left for auction. Link in description.
"A NEW DAWN". 1/1. By SID, 2023. Acrylic on canvas (73x60cm).
Lovely Floki Inu | Stealth Launched With Low Mcap |8% BNB Reward | Moon Project!|Doxxed Team | Audites Coming | in-site Swap | Dashboard | Staking | NFT Mint | Autoreinvest | Wallet Tracker | BSC Token |
Lovely Floki Inu | Fair Launch In 15 Minutes |8% BNB Reward | Moon Project!|Doxxed Team | Audites Coming | in-site Swap | Dashboard | Staking | NFT Mint | Autoreinvest | Wallet Tracker | BSC Token |
Lovely Floki Inu | Fair Launch In 15 Minutes |8% BNB Reward | Moon Project!|Doxxed Team | Audites Coming | in-site Swap | Dashboard | Staking | NFT Mint | Autoreinvest | Wallet Tracker | BSC Token |
What was it really like during the 2017 bull run? I will walk you through the key moments of what went on in 2017. The mistakes I made. What really went on. It might give you a better perspective of how this market behaves.
One of my coin got burned while I stayed away from Crypto.
Mentions
If we ever continue this project, can we vote on the new name? I vote DAWN to symbolize a new day and new beginning
Hey mods if you ever try and revive the community points initiative, lets name our coin DAWN to symbolize a new beginning or something
Get ready, gents. We must attack while they are resting. WE RIDE AT DAWN
Tv says you gotta shoot him in the head. # DAWN OF THE DEAD
Last chance to PUT THE COOKIE DAWN
DON't TELL me what to DO! You don't KNOW! YOU JUST DAWN'T!!!
And I'm gonna lose my 1ST as it swaps to DAWN, dammit!
Cool. I bought HITMAN 3 yesterday but then for some reason decided to start UNTIL DAWN today instead.
This guy is just a thief. I helped him to swap his 1stblood coins for free because he had less than 100 coins. After that I offered him to post a thread and share a fee at 50/50 rate from every person interested in the swap who would approach him. After the first swap he processed (while using my account) he said that he was on his own. I can provide screenshots of a dialogue so anyone will see that it’s the truth. He’s from USA so he couldn’t provide his ID to verify his identity for DAWN swap window. Which means he’s still using my account or using someone’s ID. The guy is just a thief and doesn’t deserve any trust.
Moon week? DAWN OF THE FINAL DAY 24 HOURS REMAIN
I think all but NANO are strong contenders, especially ADA and ALGO. I’m long ADA and operate the DAWN pool. NANO is weird. I mean, it seems fine, but the community is weirdly paranoid and there is a legacy of a 90%+ haircut for the initial investors.
Yup. The token is from ICRYP, Indonesia. He is distributing through the Single Pool Alliance. I run DAWN, a long term investor pool, and was one of the first to take 10,000,000 PIGY. It is, at the very least, a curiosity. An early native token on the platform, and shared around for fun.
It just happened on the DAWN pool, which is why it came to my attention, and I decided to write about it :)
It depends on the coin. For ADA, no risk whatsoever, so please consider staking to decentralized polls. Example include THOR, EAGLE and DAWN (last is my community). Check the [Single Pool Alliance](https://singlepoolalliance.net) to learn more. Other coins will have other communities, equally welcoming of collaboration!
It was called 1ST (First Blood). It recently changed its name to DAWN.
Thank you. I concur on the value of adoption (of course). But it is important not to conflate an adoption event with an economic event, and Cardano needs to become a sustainable economy. Please note, I am not saying you are conflating the two. However, a lot of the reactions in posts here and elsewhere appear to, hence my “curb your enthusiasm” note. Some data points below which was already posted elsewhere in this thread, but remain relevant to our specific discussion. In terms of this project providing for improved economic fundamentals to the ecosystem, there are reasons not to be excited. This is a specific term used in investing relating to how much (or how little) a deal (sale, merger, acquisition) provides impact on the bottom line (revenue, either in terms of making money or - for us - driving the local economy). The fundamentals from the Africa project hold extremely limited potential for proving Cardano as an ecosystem, sustaining ADA pricing today, or driving ADA prices higher tomorrow. Here is the simplest example: 5 million student records signed will require 5 million transactions. With the average price of transactions being between 0.17 and 0.34 ADA, that suggests an average of price of 0.255 ADA per record signed. At current market prices of 1.30 USD to 1 ADA, that suggests a per record revenue of 0.33 USD, or 1,650,000 USD total. This is assuming that IOG has not provided millions of free ADA to process the transactions, as was the case of the LTO land registry in Afghanistan that I was part of authorizing for the UN. 1.65 million USD in revenue movement onto the Cardano blockchain does nothing here nor there for the economic viability of the blockchain, particularly when you consider this deal is part of the Ethiopia 2025 program. It is a four year deal. We can say “this deal may lead to similar deals” but that is speculation on future developments in 2022 onward, and even at 10x size, it is not going to have a significant impact on the Cardano economy compared to today, where we are averaging circa 28,000 transactions per day. This provides an average daily transaction revenue of 7,140 USD (2,606,100 USD per year) in an economy with a trading volume of around 50~60 million USD per day. The Ethiopia deal therefore offers around 412,500 USD economic value per year to the ecosystem, a 15.8% increase in transaction value over today, but no noticeable impact on trading volume and the associated value that provides. It’s another 1,100 USD of transactions per day, nothing more and nothing less. Of course, this assumes the Ethiopian government are not getting free ADA from IOG, which was the case in similar deals around the blockchain ecosystem, such as LTO in Afghanistan. If they are getting free ADA, the deal provides zero capital inflow, and we are just seeing shuffling of ADA in the ecosystem. That may feel like the same thing to transaction processors, but it is a significant difference in terms of assessing the sustainability of the Cardano economy. More of my writing over [here](https://np.reddit.com/r/opendawn) at the DAWN pool community.
Thank you for your kind words. More of my writing over [here](https://np.reddit.com/r/opendawn) at the DAWN pool community. In terms of this project providing for improved economic fundamentals to the ecosystem, there are reasons not to be excited. This is a specific term used in investing relating to how much (or how little) a deal (sale, merger, acquisition) provides impact on the bottom line (revenue, either in terms of making money or - for us - driving the local economy). The fundamentals from the Africa project hold extremely limited potential for proving Cardano as an ecosystem, sustaining ADA pricing today, or driving ADA prices higher tomorrow. Here is the simplest example: 5 million student records signed will require 5 million transactions. With the average price of transactions being between 0.17 and 0.34 ADA, that suggests an average of price of 0.255 ADA per record signed. At current market prices of 1.30 USD to 1 ADA, that suggests a per record revenue of 0.33 USD, or 1,650,000 USD total. This is assuming that IOG has not provided millions of free ADA to process the transactions, as was the case of the LTO land registry in Afghanistan that I was part of authorizing for the UN. 1.65 million USD in revenue movement onto the Cardano blockchain does nothing here nor there for the economic viability of the blockchain, particularly when you consider this deal is part of the Ethiopia 2025 program. It is a four year deal. We can say “this deal may lead to similar deals” but that is speculation on future developments in 2022 onward, and even at 10x size, it is not going to have a significant impact on the Cardano economy compared to today, where we are averaging circa 28,000 transactions per day. This provides an average daily transaction revenue of 7,140 USD (2,606,100 USD per year) in an economy with a trading volume of around 50~60 million USD per day. The Ethiopia deal therefore offers around 412,500 USD economic value per year to the ecosystem, a 15.8% increase in transaction value over today, but no noticeable impact on trading volume and the associated value that provides. It’s another 1,100 USD of transactions per day, nothing more and nothing less. Of course, this assumes the Ethiopian government are not getting free ADA from IOG, which was the case in similar deals around the blockchain ecosystem, such as LTO in Afghanistan. If they are getting free ADA, the deal provides zero capital inflow, and we are just seeing shuffling of ADA in the ecosystem. That may feel like the same thing to transaction processors, but it is a significant difference in terms of assessing the sustainability of the Cardano economy.
A like-minded community. One reason I created [DAWN](https://www.opendawn.com/dawn) was to foster such a community, with the proviso being that any community - own or otherwise - would need to be cost-effective and sustainable. Check the “Competitiveness” tab to see the type of boring calculation that went into this ☺️
DAWN PROTOCOL esports is everywhere and everyone plays game. America, asia , europe etc DAWN PROTOCOL make u rich..it is only hope https://www.dawn.org/ syudy that and u will realise that u must buy it a few days later There are a number of contested game races. offering prize at DAWN PROTOCOL it makes u rich.. The White House is against lots of coin however asia.america.india europe etc all people who play games receive DAWN PROTOCOL. it is only hope to make a rich
DAWN PROTOCOL esports is everywhere and everyone plays game. America, asia , europe etc DAWN PROTOCOL make u rich..it is only hope https://www.dawn.org/ syudy that and u will realise that u must buy it a few days later There are a number of contested game races. offering prize at DAWN PROTOCOL it makes u rich.. The White House is against lots of coin however asia.america.india europe etc all people who play games receive DAWN PROTOCOL. it is only hope to make a rich
i made some money..a few days later There are a number of contested races. offering prize to DAWN PROTOCOL it is real coin..we can use . it makes u rich..
media and grab government hate coins.. so just hold is not good.. U have to change the methods.. DAWN PROTOCOL is the hope. study about it..and u will realise that it makes you rich Hurry up
DAWN PROTOCOL is only hope now esports is everywhere and everyone plays game. America, asia , europe etc DAWN PROTOCOL make u rich..it is only hope https://www.dawn.org/ syudy that and u know.. u must buy it
DAWN PROTOCOL is only hope now esports is everywhere and everyone plays game. America, asia , europe etc DAWN PROTOCOL make u rich..it is only hope
I took the downward price moment in ADA today as a buying opportunity. More specially, I purchased $1,500 of our favorite token via Binance. At the time of purchase over two blocks, and after credit card fees plus transfer fees, this translated into 1,349.3 ADA. I’m adding this to the [DAWN](http://www.opendawn.com/dawn) pledge. This accelerates our June pledge expansion. For those around earlier in the week, an earlier buying opportunity covered the planned May expansion. The next steps are: (1) relax (2) continue to share news about our budding long term investment community, and gradually bring more peers to the table not only in terms of the pool, but in terms of their knowledge and experience around investment in all asset classes.
Right. My particular stance has been to enter this asset class with relatively modest sums and build out. I decided to attract peers to collaborate with if possible, as I am interested in working together to create a bridge from traditional investors leery of crypto into what I perceive to be a genuine value opportunity. I talk about it over [here](/r/opendawn) and I am building out [DAWN](https://www.opendawn.com/dawn) as a small specialized investment vehicle.
Right. I was purchasing ADA at 1.22, 1.29 and 1.16, but as I said while doing so it was strategic as I initiatives my personal investment vehicle in the space (DAWN). The pricing today allowed me to push forward my June purchasing, and falls into line with expectations.
I went 1,500 USD deeper into Cardano today. Long term investor, holding through [DAWN](https://www.opendawn.com/dawn).
TBH, I’m pretty sure we will see these prices come and go again. Over a five or ten year period things tend to work in cycles. That said, pricing is looking pretty good right now. If there is one thing I would say it is “hold” and the second would be “buy if you can afford to lose it.” I placed another 1,500 USD today in Cardano via [DAWN](https://www.opendawn.com/dawn). You can check out my writing in detail about long term investing at /r/opendawn
TBH, I’m pretty sure we will see these prices come and go again. Over a five or ten year period things tend to work in cycles. That said, pricing is looking pretty good right now. If there is one thing I would say it is “hold” and the second would be “buy if you can afford to lose it.” I placed another 1,500 USD today in Cardano via [DAWN](https://www.opendawn.com/dawn). You can check out my writing in detail about long term investing at /r/opendawn
Yes, if there is one thing I would say it is “hold” and the second would be “buy if you can afford to lose it.” I placed another 1,500 USD today in Cardano via [DAWN](https://www.opendawn.com/dawn). You can check out my writing in detail about long term investing at /r/opendawn
I covered this elsewhere already today so reposting... == I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. This is not going to exciting but investing is *not meant to be*. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
Not really. I covered this new investor steps already today so reposting... == I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I covered this elsewhere already today so reposting... == I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I covered this elsewhere already today so reposting... == I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I covered this elsewhere already today so reposting... == I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I covered this elsewhere already today so reposting... I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. Finally, tax. You can regard a purchased crypto asset in a similar manner to a stock. You will pay tax on the value appreciated since your purchase based on the date and price of sale. Meanwhile, proof of stake assets will be taxed in a similar manner to dividends, based on value on date of receiving. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
I want to assist. I can speak from the perspective of a long term investor in securities, bonds, start ups who recently decided to move into crypto, Cardano specifically. First, never invest what you cannot afford to lose. Second, don’t expect to make incredible returns. That’s not investment. That’s speculation. Third, understand what you are investing in. Fourth, diversify. Fifth, use dollar averaging. If you are entering investment consider doing these three things: (1) open a broker account with IBKR (2) buy a small basket of stocks and more over time (3) take a similar approach with crypto If you want an example of stocks that don’t move up and down much, but provide high dividends, look at VOC and IEP on the US markets. You will make 9% and 14% dividend returns respectively, and it might be a gentle start to your journey. Buy MO, CVX and IBM to continue a boring but likely harmless path in this domain. For crypto, buy a little of those you feel most confident about. Hold. Buy a little more over time on regular intervals (dollar averaging). I suggest looking at Cardano and perhaps AlgoRand as two assets likely to appreciate over time regardless of where the speculative bubble is at. You can learn more and potentially collaborate via my [dedicated subreddit](/r/opendawn) and at [DAWN](https://www.opedawn.com/dawn). Just keep your head, realize this is all about the five and ten year window, and take steps to build your future.
It makes sense as part of a diversified portfolio. You should never put all your eggs in one basket. Speaking of which, I just did a post about internal diversification inside an ecosystem like Cardano, as it relates to stake pools. [copy/paste] Let’s start with the key metric. You will never get more than circa 5% returns in any pool of any size in Cardano over time. The system is designed to provide the same reward level to all delegates. The variance you see in numbers among pools is related to short term variations of no blocks minted, one block minted, several blocks minted per epoch divided among pool size. It’s a snapshot, not an indicator. This is not to say it is optimal to randomly chose a pool and forget about it. From an ecosystem perspective, supporting more pools is important, because Cardano needs at least 500 to be fully decentralized. The real question is what type of pools fit your investor strategy, and whether that determination can be a small part of ecosystem health. For example, do you need to see marginal returns every epoch to feel comfortable, or do you have a stance where the end output is more important than transient metrics? Do you want to have engagement based on “wisdom of the crowd” or do you want to seek out peers with aligned interests in a focused pool? And so on. The great thing is that Cardano inherently facilitates these choices to be made with roughly the same upside and downside for everyone. There is no particular cost in supporting something innovative in our ecosystem, or spreading your investment across several pools. Regarding pool *operation*, this is an area where I have some concerns about sustainability. There were significant measurable factors in the determination of DAWN as viable. (1) it is a personal investment vehicle open to like-minded parties. (2) I had significant infrastructure at hand. (3) I had the technical skills. I am not sure the calculation for some of the pools out there is comparable. For example, the cost of purchasing suitable infrastructure and maintaining it is considerable when placed against projected returns in the Cardano ecosystem. Similarly, turning pool operation into a traditional business faces profit concerns unless the high asset price is maintained on the open market, and the fixed pool fee is maintained. Two “ifs” are quite a lot to ride a business plan on, and the latter is something out of sync with market positioning three months ago, so I suspect it is not long for this world. So, I think quite a few pools will fold operations in the next six months. The old guard (large holders who have been around since the early days) and the new well-structured entrants will sustain. The froth in the middle will not. But let’s pull back to the investor perspective. It does not matter a whole lot to you. You can pull your ADA in and out of pools, and your original investment is secure. This is by design and it is an elegant piece of financial engineering. Choose a pool or pools that fit with your mental model. Look at the long term. Wait. Swing back every six months or so to consider rebalancing if needed. The same approach as any similar asset such as securities. This is part of my ongoing Cardano article series at /r/opendawn
Saturation is designed to prevent massive pools capturing and controlling the network. Once you hit a certain size, you get diminishing returns. This leads to an obvious next question... I saw a great post in another forum where a someone asked about delegating to more than one Cardano stake pool. They wanted to know if it was a good idea or not. I had a couple of notes on the topic. ... It is very easy to create extra wallets in Yoroi or Daedalus. It is very cheap to move some ADA around and stake it. If you are interested in diversification of your investment to ADA internally, there is no harm in delegating to one large and one small pool. The former will provide consistent small rewards. The latter will provide less frequent but larger rewards. Over time they will both average ~5%. There may be other factors at play in your decision. For example, you may want to invest in a particular pool because of their approach and ancillary benefits. [DAWN](https://www.opendawn.com/dawn) has a private community for investment discussions across all asset types, by way of example. The main thing is to find an approach that makes you comfortable. If you find yourself second guessing all the time, something is off in your approach, and it’s best to connect with peers and talk it through. When you hit the right formula, you will feel comfortable waiting and seeing how things unfold.
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guys u must buy it DAWN PROTOCOL https://www.dawn.org/blog esports is everywhere.. America.asia.india.. finally everyone is playing esports... buying DAWN PROTOCOL right now
Glad to hear you are interested in this space. Likewise, and I have started to proactively invest. I think that many parties engaging with Cardano have a relatively long term outlook, though there has definitely been some froth in the ecosystem with the halo effect from speculation on BTC and ETH. Those pricing differentials do not matter greatly when one considers the potential appreciation of the token towards 2025. If execution continues according to schedule, and with current momentum, pricing at circa 5 USD sounds reasonable, and extension to 10 equally so. Perhaps some parties engaging hope for 3,000% increases again, but that was a one-time jump from *insufficient traction* into *enough traction* as the coin went from 0.03 USD to the current 1.10~1.50 USD levels. Anyway, you can read more about my specific perspective and how I am executing in collaboration with other long term investors at /r/opendawn or check out the [DAWN](http://www.opendawn.com/dawn) pool. Happy investing 😊
What's the real deal with DAWN? I just can't understand why it's rising
If you have had a rough run, you can also reach out to long term investors with experience in securities, bonds and direct start up investment experience. We all have war stories and can provide perspective. You will find me over at [DAWN](/r/opendawn).
You should probably move into a cheap but high potential third generation token. I am moving on ADA via the [DAWN pool](https://www.opendawn.com) after my analysis of the markets. You can learn more at the link. Please don’t randomly buy really obscure coins. It’s a very risky lottery.
Ahh the start of a new Moon cycle **DAWN OF THE FIRST DAY**
I am fairly new to the UniSwap Universe, but i just sold my DAWN Tokens, because they skyrocket on the platform. In total i had 2 faild transactions and i payed about 200$ in fees. I am lucky, that i still made some profit with my coins.
DAWN 10x in a day. From $1 to $10. This is kinda scary. PTSD
Wow, that’s a thorough recap. Well done. I like the idea that BTT was more of a clerical error. What in hell is DAWN?
DAWN up 400% today. Just dumped half my 2017 bag. Any idea why?
Anyone know why DAWN is pumping again?