Thanks. Aye I know they are different products but remember seeing people saying the same for both. Cant remember the reason why now anyway so doesn't matter. Om the plus side you reminded me I actually have a coinbase wallet and I have $15 worth of MANA in it lol
I have too little invested, with too much red, to take any profits. I can’t even remember what I bought my coins at so I just went and had a look. I bought VET when it was $0.25, SOL when it was $200, XLM between $0.39 and $0.62, ADA between $0.45 and $1.00, MATIC at $1.00, apparently I have a bit of MANA for $3 a piece, and I DCA’d more into ETH and BTC but definitely bought a bit at the top. But I mean the last few days they’ve all gone the right direction so I’m okay with waiting on them…I don’t think any are dead except no one is talking about VET so I’m antsy about that one. I was looking at some other coins since everything is still so low, but being stuck with these bags makes me wary of buying anything other than BTC and ETH.
I put $250 into doge in December 2020.. Was like 0.007ish at that time.. I did however start selling at 8 cents.. Though i manged to get off maybe 20% of my initial purchase near ath.. It's listing on robinhood was an indicator of things that may come in the future.. Did ok on some others too.. MANA i had before the metaverse hype.. Not much maybe like $30 or $40 before the boom.. Flipped tezos and Atom bit.. Dumped most of everything late 2021 and early 2022 when it was more or less written on the wall.. My biggest mistake was holding and higher $1+ buys with my favorite one Algorand.. I didn't sell any or my ASAs for that matter.. Don't get emotionally attached to any crypto project..
I agree that the tokens you've identified as trending on Twitter are likely popular. I am particularly interested in the token MANA, as it seems to be doing well. However, I do not own any of the aforementioned tokens. Additionally, I have noticed that the token RIDE has been steadily increasing in value, likely due to its utility in Skyjack NFTs and other uses, likewise RUNE, MUSE and METIS.
Good to see some altcoins are doing well. I am pretty surprised about GALA and MANA, but at the same time pleased, because it means Metaverse is still a big thing. I stick to DCA and will be adding mostly oracles LINK and DIA which still deliver bullish news, as DIA got listed on Binance US. I keep my eyes on these.
tldr; Gala (GALA) is up 139.8% over the past week and is the leading gainer among the top 100 cryptocurrencies by market capitalization. Other gaming-related cryptocurrencies, including Apecoin (APE), Decentraland (MANA), and The Sandbox (SAND), have also posted double-digit gains over the last week. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
5T is a hilarious #, 2x the market cap crypto ever had. But imo someones hyping up MV coins, just to dump them for final capitulation event. If META cant do it right now. SAND, MANA, all these shit coins wont do it first i promise you.
I hate saying it, but Zuckerberg has Zuckerberg money and can buyout the competiton. However, with that said, and from what I understand, Meta is stumbling all over themselves right now. Long term, I think anyone that develops something better than Meta will get purchased by Meta. And for the record I own zero Meta stock and have zero MANA crypto.
ETC - Okay this project is trusted by some folks, definitely better than ETHPoW. ZEN - What even is this? BTC - Its weird its not on the first place. ZEC - Okay... ETH - Also weird its not higher. LTC - Also weird its not higher. BCH - Why would anyone hold it when they already have BTC? MANA - WHYYYYYYYYYYYYYYYYYYYY?
These are the ones they are talking about - Basic Attention Token (BAT), Bitcoin Cash (BCH), Chainlink (LINK), Decentraland (MANA), Ethereum Classic (ETC), Litecoin (LTC), Solana (SOL), Stellar Lumens (XLM), and Zcash (ZEC)
This article is 2 sentences long, *sigh*. *Per data from CoinGecko, APE is up 6.3% to $3.88, Axie Infinity's AXS rose 6.9% to $6.41, while The Sandbox's SAND rose 5.2% to around $0.40. Decentraland’s MANA posted more modest gains of 4.4% to reach around $0.31.*
At current prices, you should be looking at around 10x for BTC/ETH by 2025. Strong alts like LINK, DOT, Avax might do 30-40x. Random shitcoins can do a lot more but again, they could die out from now till the next bullrun. I would try to put together a portfolio of at least half BTC/ETH, and half quality alts. Therefore if you can accumulate roughly 50-100k worth (at todays prices) you might be looking at 1m at the top. Again, we don't know if we're near the bottom or if 2023 will see lower prices, sideways action or if things will pick up. Once bullrun starts, you can switch some profits to new or promising alts/nfts/whatever other rubbish comes out that could do crazy returns. I did that late 2020 into a decent amount of MANA/SAND which gave me almost 200x by end of 2021. DCA as much as you can for now, with money you don't need or will need anytime soon.
I'm going to buy ETH and BTC mostly, but I'm on the fence about specific alts. Possibly LINK, MATIC, MANA, COMP, ALGO??? I've also been toying with the idea to buy back into a few of the bags I sold for loss back in April, seeing as everything is down so much more now and it wouldn't cost much at all to replenish those bags just to see what they do. Either way I'm mostly sitting out and waiting for "the bottom".
While all the FUD is on binance, Genesis (another one of Grayscale parent DCG's subsidiary company) hole in their balance sheet has gone from $7m when they first announced exposure to FTX to $2 BN 2 days ago. DCG will have to unwind a lot of their assets, they already started dumping a lot of their altcoins - you can see big dumps on their alts like FILECOIN, ETC, MANA etc.. Crypto media like Coindesk (owned by DCG) are busy running cover for their parent entities and dont have any coverage of the biggest risk playing out atm
tldr; Mana (Decentraland) has entered the top ten purchased tokens list among the 500 biggest ETH whales in the last 24 hours. The surge can be attributed to the introduction of a new rental feature for LAND owners. The feature allows users to rent out their land and property and earn passive income. MANA accounts for 0.66% of the top 100 ETH whales. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>Survivors will be rewarded Bullish on $MANA! Seriously though, I don't expect to get rich on this, just some opportunity to enlarge my meager savings, that's why I only to put in gambling money. Who knows what's going to happen, but so long as I have a job and something extra for crypto, the DCA shall continue.
>I think his position has always been clear. As a public traded company he simply cannot risk investing in any crypto that hasn't been declared a commodity. Grayscale owns $MANA, $SOL, $ZEN, $FIL, $XLM, $BAT, $BCH, $ETH, $ETC, $LINK, and a bunch of others. They are not discriminate in what they buy or hold. He calls ETH a security but the BAT and MANA (and ETH) in his trust are somehow fine. He's a profit maxi. There's not ton of nuance with him.
tldr; Decentraland has announced an Ugly Sweater Wearable Contest to celebrate the holiday season. To enter, simply create, publish, and submit your ‘wackiest wearable’ using the form on the platform’s website. The first place in the context will be awarded 800 MANA, which is equivalent to $335 at current rates. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Thanks for sharing, good to know. > In case Grayscale announces bankruptcy they would be forced to sell their tokens (LTC, BCH, MANA, LPR, ZEC, ETC, ZEN). Euh wasn't there talk of Grayscale possibly selling off its GBTC ?
That is what we hope! But I think more dips wait ahead. Nevertheless, this is not an excuse not to DCA now as we all know the next bull cycle is around the corner. So I keep loading my early retirement providers MATIC, MANA, ETH, REEF and more POKERFI at every opportunity.
tldr; Decentralized liquidity protocol Aave has temporarily suspended lending markets for 17 tokens to fend off volatility risks that could lead to further attempts at market manipulation. The assets included in the list are Yearn Finance (YFI), Curve Finance (CRV), 0x (ZRX), Decentraland (MANA), 1inch (1INCH), Enjin (ENJ), Ampleforth (AMPL), REN *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
One of them starts with an S and ends with OL. For obviois reasons. Another one is MANA. While ive taken profits on it, the remaining bag i have is not something i see outpacing ETH. The third one i'm honestly too embarassed to admit. It was a massive error in judgement. An emotional investment i regretted almost instantly. I decided to let it ride for a while, to learn a lesson. And boy did i learn that lesson.
Use this time to remove shitcoins from your portfolio and buy coins that are essential to the crypto space at a discount. Bitcoin, ETH, Monero will all likely be around in 5 years Apecoin and MANA are all add ons to the space and provide no utility except for being fads. Not to say they’ll go extinct but they require more marketing. Think of an investment in oil companies vs an investment in a brand like Lululemon
Look at who funded (funds?) development. It's a corporate-coin. It's like Zuck trying to ride the popularity of The Sandbox, MANA etc. to push his own project that has nothing to do with returning power to the base of regular users. https://bitcoindynamic.com/news/hbar-is-not-decentralized-as-they-say-understand-how-hedera-hashgraph-works/
Can I be the first to mention that J.P. Morgan, [according to Forbes on October 18, 2022](https://web.archive.org/web/20221018171031/https://www.forbes.com/sites/charliefink/2022/10/18/tilia-secures-strategic-investment-from-jp-morgan-spins-out-of-linden-lab/?sh=139db0d35fb2) had just invested into Second Life's "Tilia" which handled Second Life's $650 Million virtual economy in-game and on/off fiat ramps. Linden Labs spun it off ad J.P. jumped in to invest in it. If you're wondering why they are a month ahead of this FTX collapse, it's because Tilia was part of the 50 state licensed and legal on-ramping and off-ramping of USD into the "Virtual World" we've heard so much poking fun over lately with Meta's Horizon Worlds etc. In other words, J.P. Morgan put financing into a stake of a spun-off code that was already in use by Linden Lab's in Second Life and they will probably make "metaverse and Web3 gaming with crypto tokens" the preferred way to on and off ramp for whatever you want in the game whether that "game" has MATIC or WBTC in it or MANA or whatever but you can always dApp those in and out as well with your own locally held keys without ever entering a walled garden that can "Freeze" your withdrawals just because someone cheated and someone else broke down in the chain somewhere. Hence = contagion. Cheating isn't possible in these worlds. They see if the person providing the tokens or crypto have what you request, and you send payment only once an automated contract (sort of like Atomic Transactions) says for some period of time the order is good to go on both sides (Transek is like this too). ​ >Linden Lab announced the spin off of its proprietary finance engine Tilia this morning. Tilia’s solution, built for game, virtual world and mobile application developers handles payment processing, in-game transactions, as well as payouts to creators by converting in-world tokens to fiat currency including USD serving as the backbone of any functioning virtual economy. > >Tilia has been running Second Life’s $650 million dollar economy for the past seven years. Financing for the new company is coming from their strategic partner, JP Morgan. “It's very important virtual worlds have the instantaneous settlement Tilia provides,” said Brad Oberwager, Executive Chairman of Tilia, and acting CEO of Linden Lab. “We can handle very high transaction volume at very low dollar amount that even with USDC, the systems aren't built for that kind of stuff. We move one 250th of a dollar sometimes.” In addition to the investment, Tilia is also working with J.P. Morgan Payments to increase payout methods and expand the number of pay-out currencies. Perhaps most importantly, partnering with the world’s largest bank will enable Tilia to scale to the potential size of the putative Metaverse. Drew Soinski, Senior Payments Executive, Managing Director, J.P. Morgan Payments, will join Tilia’s board. Some of the above quotes come from the Forbes article. This is a proprietary part of the Second Life game and nothing else until the J.P. Morgan investment and the announcement it would be working to add more options to its off-ramp with J.P. The odd part is Tilia (which is in Second Life - a metaverse or just a game to some) comes with a Money Transmitter License in the United States and is compliant internationally to make fiat payments nearly everywhere... ​ >One of the most interesting things about Tilia is that it’s registered as a money transmitter and its user accounts are compliant with state, federal and international regulations. Importantly, Tilia is the only token based virtual payment system that easily and securely converts in-game tokens into fiat currency, wherever the user resides. The partnership with JP Morgan assures a payout in fiat currency pretty much anywhere credit cards work. I have to do more digging, but I believe what JP is after is the sales of proprietary, but non-custodial and US licensed, compliant software that they get a nice flow of profit from as this is literally why the FTX thing was set up in the first place - to scare you - or aware you - of the importance of fiat gateways/fiat exits that are based on code and not capable of stealing/"trading"/"donating" your money as SBF has. To me, everything is a game. So seeing this type of setup isn't exactly surprising nor am I upset. Everyone missed this because in October we were just bumbling along with the usual headlines. The US elections. Probably explains why the twitter handle for "Tilia Pay" only had 450 followers when I checked them out this week. Remember Forbes gave SBF his "net worth" $25.6 Bn in January. Apparently that's good enough for the smartest VC's and investment bankers in the world to hand over money. *Or perhaps it was just a game after all.*
TLDR; The Decentraland DAO – the metaverse platform’s community decision-making tool – is holding a vote on whether to temporarily pause its grants program and reassess its structure. Through the program, any community member can request funding for efforts to improve the platform or implement new features. Last week, CoinDesk revealed that FTX’s sister company, Alameda, held billions of dollars of FTT – the platform’s exchange token – on its balance sheet, which hinted at an unusually close relationship between the two companies and raised questions about its shaky foundations. MANA currently trades at $0.41 cents, after losing about 34% of its value in the past month. Thus far, the grants program has invested $7.5 million in metaverse initiatives and has funded 124 grants, according to the DAO’s treasury website. The poll closes Monday, and so far, 62% of voters are in favor of the pause.
Like no matter what you buy, it was a genius move. Things pump for no reason. Just up and up and up. The night ETH broke 3k and surged to 3300 within minutes. Filecoin going 4x in 3 weeks. MANA doubling in a day. DOGE doing 15x in 2 months. It's crazy.
So I managed to lose close to 95% of initial investment in crypto, and it really started to affect my mental health as i can't let my phone go for one second. it diminished my every joy in life. So right now it's impossible to reclaim my money. There is no point to withdraw the remaining money also. So which coin should invest into the remaining, and delete the app, hope/forget to recover in 2-3 years? MANA, APE, FTM or anything else?