I’m doing a Top 5 Up n Coming/Hibernating Crypto Challenge and made a post about it last night. Go check it out, so many people and suggestions and why. For me, I currently already hold ETH, BTC and SHIB (why not 😂). Looking at CRO, MANA, RVN, and Harmony atm. I will make my TOP 5 pick by end of day tomorrow
web3 will be slowly adopted, and it actually represents the future of the internet. Thus, the Dia web3 oracle project has proven to be very significant in the crypto space and has made partnerships with many, such as Solana, Metis, Fantom, and so on, as it provides accurate, hard-to-reach, and reliable data. DIA provides data feeds for more than somewhere around 6.000 digital assets and 20.000 traditional assets Then, I think that the value of tokens of popular games will grow over time, such as SAND, MANA, AXS, because they were the first to take a position in that race. Although some newer games will overtake them for sure. I am most interested in the direction in which Metaverse will develop. It may be a little over-ambitious, but I think one day we will be able to visit the Louvre through the Metaverse.
I have like 1% LINK and 2% MANA in my portfolio left over after selling but holding a wee bit just in case they go up big time. Realizing this is too diversified and even if they 2x from here won’t make a difference in my portfolio. Should I consolidate into my ATOM, ALGO, or ETH? I’m thinking ATOM.
Thing is, if you look at the top 50 coins year after year, most don't pan out. Plus, most of the money outside of bitcoin and eth is made out of pure luck. Facebook changes their name and MANA x10. GME and LRC hype and LRC x10. You really need to sell at the pump or your bag is left in limbo and might never recover...
tldr; Seven cryptocurrencies have decreased the most over the past seven days. Ravencoin (RVN), Helium (HNT), Cosmos (ATOM), Decentraland (MANA), Filecoin (FIL) and LRC (LRC) are among the cryptocurrencies that have declined the most. LRC is trading inside a descending wedge, while RVN is following descending resistance lines. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Post is by: Dense-Leader-7953 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/s46bp1/prioritizing_investments/ Out of these 5, where would you rank em long term holds based off which you think will bring back the most return? Me: 1.) Solana (SOL) 2.)Enjin (ENJ) 3.) Loopring (LRC) 4.) Algorand (ALGO) 5.) Decentraland (MANA) Just want some opinions, been thinking of the smartest way to distribute my funds and these are some of the tokens in my portfolio Right now I have the most in Sol. Truly believe we will see 4 digits by the end of the year. Enjin I don’t think has any limits. Will love to see the return in 5 years. Same with loop ring. And then of course, it’ll be exciting to see what MANA and ALGO do Other coins I have that I’m curious about if you feel like talking about em of course.. CRO and AMP. Do you think they are seeing $10 in 5 years just being realistic? I think CRO will his $5 in two years and AMP with be full of surprises. All in all, no matter the option, can wait to see what all the metaverse, NFT, and crypto height do to all of our investing. Wish the best for all, truly! My play around “ what if this happens” coin is richquack, anyone heard of it? Definitely a shitcoin and lots of supply but the project structure looks borderline convincing lol. Lmk what you think Still holding on to Shib, because my gut feeling has a soft spot for it and I’m in the green… anyone else still holding on to that bad boy? Rambling to hit the 500 characters… feel free to only address the first four paragraphs Always, Happy investing *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
IOTA somehow does this by giving network priority to nodes holding MANA. MANA is gained by holding IOTA tokens and cannot be hoarded over time. The amount of MANA decays by using it for transaction priority or not by not using it at all.
SHIB I have a bit of it and they really seem to be expanding and carving out a niche for themselves. MANA I believe will be a big meta verse move. Although, I personally have no wish to participate in VR, it’s still early and lots of room for growth. I’ve heard of some weirdos that sit 1/2 of their day in VR, locally we had a 2nd VR store open up and it always has business. Essentially MANA and SHIB will x2-4x within 2 years in my opinion.
The value of most cryptos is actually based on the value of the project they’re developed for though. I think it’s perfectly rational to value many of them like stocks since they’re the only way to invest in the success of the underlying project. XLM (payment processing) and MANA (digital real estate) are two good illustrations of this imo
Of course, there’s a certain amount of luck involved in crypto just like in any field in life but it’s foolish to believe that luck is all that decides how your portfolio will perform. Making money off of memecoins maybe purely based on luck but that certainly isn’t the case for solid projects. A friend of mine, possibly the smartest investor I know spotted LUNA well before it started pumping and told me about just how much potential it had. I didn’t believe him then but I wish I did. I chalked it up to a lucky guess at that point but then he did the same again, predicting the rise of meta verse coins like SANA and MANA after the Facebook rebranding announcement and the LRC pump after the GME rumours popped up. So yes while I agree that there’s a certain amount of luck involved in crypto, DYOR helps you significantly increase your odds of success.
Thanks!!! I've tried my best to balance from learning from others advice/mistakes and doing my own research. The only thing I've sold is some SAND and MANA I took profits on after they doubled. Everything else, I've just bought.
This is gonna be pretty long because I like adding every bit of detail into my stories lol. Basically, greed got the best of me lol. I actually blew 2 accounts. First one ($400) i 3x in a week but lost it all because every swing trade i set up, i usually had like 25-75% of my capital in that entire trade with a tight stop loss. The trades would be around $200-$300 big so the stop loss was tight but even with a tight stop loss i still lost like $50 each trade lmao. Long story short i was left with like $200 and decided to put it all in a trade in MANA with no stop loss. This is where it pretty much got bad. Got liquidated and welp blown account #1. Second account i remember clearly since it was like 1-2 months ago. What completely messed up was bad psychology and impatience. Started with $200 and i told myself i was only going to DCA into and not margin/leverage trade with that money. I was doing good at the start from $200 to $250 in a day from good buys but lost a good amount when i got cocky and thought i could call the bottom on some coins and put all the $250 into sandbox when it dipped. Brought my capital to $140 and you might’ve guessed it. I broke my own rule and found myself margin trading again. I actually decided to split my $140 to have $70 to trade for fun just to see what i can get and the other $70 to DCA. The $70 to trade i brought it down to $16 and decided to send my $70 to DCA into my margin account which left me with $86 dollars to trade. To end this story quickly cause im noticing it’s a bit too long lol, i kept going back and forth with the money. From $86 to $40 to $117 to $35 to $70 to $187 and you get the point. I actually managed to bring my account from $35 to $226!! My biggest mistake there was all those trades i have been taking, I’ve used no stop losses. All my trades had 100% of my capital in the with no stop loss. That led to my doom and brought my account from $226 to $160 to $70….and i eventually reached 0.06 cents. Yeah pretty bad lol but now I’ve been preparing myself for it again. Haven’t seen a chart in a month or so but i still need a bit more time to get back. I don’t mind if you skipped to this part but just remember this. The only way to become profitable in this business is by being patient. Don’t revenge trade, work on your psychology/emotions, and prepare to lose money in this market.
I have BTC spread out with FTX, Ledn, and Celsius to chase the yields. I have Eth primarily on Celsius. Matic has good yield through Celsius too. CRO would obv go to crypto.com. Sell the MANA. Crypto.com also has great yields on a lot of coins/tokens if you put in the initial CRO amount needed, which you may already have.
>I feel like I'm really heavy on metaverse/gaming, but not sure what projects to cut since I feel like that space will blow up in the coming years. It's reasonable to buy different cryptos with different use cases. I hold BTC/ETH to remit across the globe, MANA and GALA as my gaming projects, MATIC and NII as my L2 projects, I can go on and on. But overall, I love your portfolio diversification.
MANA, SAND pumped 100’s of % since the Mets announcement. A correction or sideways movement is pretty typical price action for such an impulsive move to the upside especially with BTC dumping. If you bought metaverse projects after the pump you’re now learning the valuable life lesson in investing about chasing pumps and buying high. Prices don’t go up forever even when it might feel like it in a mania phase.
You can never be too diversified, as long as you have enough capital in the game. I hodl the likes of ALBT, Ocean, UBXT, STRONG, couple of different NFT projects, BLOK, some MANA, and I am still talking about the alt bag only. The projects I use the most are UBXT and Strong atm, but nonetheless, I believe all of these tokens have high chance of mooning
No one is saying you have to “pass by” anything. You can teleport in decentraland using the map. You can find plots of land through ads in real life or word of mouth, or whatever. See the application for yourself to look for why it could possibly appeal to others. This is a live application for basically 5 years and their $MANA crypto had a trading volume of $500mil the last 24 hours. This is not hypothetical capitalist virtual economy it’s a real thing. If someone wants to compete like zuckerburg they are totally free to do so and I’m sure everyone in decentraland would be excited for new platforms to emerge.
I think everyone have plans, for me I do more of BTC, next is ETH, third are my stablecoins USDT and OUSD- the stablecoin that yields passively and then I've got some other alts, DOT, NEAR, MANA, OGN etc It has worked for me hitherto
After weeks of research I bought Chromia, Ocean and Origin Protocol this dip, 500 coins each. This is gonna be my only purchase for 2022 since I hold 28 coins now (ADA, MATIC, MANA, ONE, GRT, FET, REN, HBAR, CRO etc etc). I deleted the app from my phone until Christmas thus year. This Reddit will be my only source of crypto news.
Other Cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Axie Infinity Shards (AXS), Decentraland ($MANA), and Smooth Love Potion (SLP) will also be accepted. With this new development, the video games retailer will start using Flexa's SPEDN app to accept Cryptocurrencies..
Nice heading. It a good thing to learn how to hold. I came into Crypto to invest for the future not just for now. I'm hodling on to my BTC, ETH OGN CRO, MANA, SAND, SOL and others until a perfect moment
We’ll I’m just going to DCA into it until I have about 500$ worth of it. And then going to pick another option. The top tokens I hold right now are: VRA MATIC DOT CRO CELR SAITO ALGO VGX CHZ MANA which I think are all pretty decent holds
My worst trade, was converting a large portion of my alts back to BTC and ETH because I expected BNTC dominance to rise whether it went parabolic or bear, then it went crab. Just to see MATIC/AVAX pump as BTC dumped. Traded off half my MANA just prior to the FB/Meta announcement too, lol. At least I sold the rest on the pump.
Staking is absolutely insane. I love staking. compared to keeping my fiat on the bank I got introduced to staking some while ago by friends. As a long term believer of the benefits of Blockchain tech. I did not doubt about finding good projects that provide reasonable staking rewards. With the recent Metaverse narrative, there are lot of Metaverse projects providing great APY. Just today I found a project that just launched bonded staking with insane APY of 70%. I always find the projects with good fundamentals tho as I do not feel the want to be rugged. The project I found today is called Meta Game Hub Dao and newly launched on Bilaxy, 3m MC GEM, Huge collaborations like SAND MANA AXS LINK and they focus on pooling and fractionalization of NFT. They recently launched staking possibilities and all of them have some insane APY at the moment. Definitely worth checking out.