MANA

simmol

So I started investing in crypto from 2017. Went through the 2017/18 alt season (e.g. LTC, XRP, REQ, XRB, VET, ICX) and saw another alt season in 2021 (e.g. DOT, SOL, MANA, ADA). So if we get an alt season starting in Q4 2024 or next year, it will be three alt seasons in a row right on cue after the Bitcoin halving. People are dumb but they are not that dumb. If they see something that repeats over and over, then even an idiot can spot the pattern. And the pattern is that after the alt season, it is season over for the alts until the next alt season (which would be 2028, 2029). So that is why I believe that while alt season will occur, it will be muted this time around with everyone and their moms exiting through the doors. And whatever narrative that we attach this time around (e.g. RWA, AI, Bitcoin L2), no one will be able to say with a straight face that alts are worth holding through the bear markets of 2026 and 2027. So why do we even have an alt season? Well, if Bitcoin goes up in late 2024 and 2025, then after a while, Bitcoin will inevitably saturate somewhere. And this money will go into something else that is similar enough that hasn't gone up as much as Bitcoin. This is the only reason alt season occurs (cryptomarket hot and Bitcoin being saturated). And once that happens, we will all get our alt season. However, this will be an alt season unlike 2017 and 2021. Back then, people actually believed that a lot of these projects were the future and were all in. In 2025 alt season, everyone will pretend that they are all in, but in reality they will have one foot out the door. Make sure that the door doesn't get shut on you this time around. You truly would feel like a moron if you are holding an alt bag throughout 2026 and 2027.

Backieotamy

I bought and held starting in 2019, Ive recently sold most of it and bought SOL and BTC until the market stabilizes then I may go back to buying ADA. I took a beating on it, MANA and SAND but we'll see. Not writting it off completely, but it's dev work dropped significantly.

Throwaway4VPN

6 mentions for MANA eh...

advias

It wasn't a scam, it was the narrative that was hyped up by marketing agencies and or VCs that was the scam. One guy made MANA and he made it when crypto wasn't too popular as a project before the bull run. It seems they just got caught up in it. Now, everything else that was built due to the hype was certainly a liquidity trap

goldyluckinblokchain

Please stop reminding me that MANA exists 😭

partymsl

Go on MANA. It's literally PS3 graphics and no one plays it. It was a proper scam.

partymsl

Ah man the old days... Things like MANA, LRC and other were suddenly pumping because of a concept that never existed and would not exist for quite some time. No more obvious bubble than that.

WineMakerBg

MANA was the first coin to experience FOMO with. Was able to lose money even if it did a 2x within 2 weeks. Those Sweet Memories...

goldyluckinblokchain

Please don't remind me of MANA 

Oheson

You are correct. But that does not mean you can't make money on them in Alt season. Just be sure to sell before they become the next MANA or SAND.

Annual_Juggernaut_47

Ah, the metaverse. During last bull when Facebook changed its name to Meta I made a quick 5x in SAND and MANA. I only remember because it was the best momentum trade I’ve ever done. They were so clearly going to fail long term. It’s when I really learned alts are about nothing but hype.

seb7mad

I and the other 11 MANA users disagree

Smiling_Jack_

What's more ridiculous: BONK with a $2 billion MCap, or MANA with almost $700 million MCap. At the end of the day almost all alts are memes. At least meme coins aren't pretending to be anything else.

Psychedelic1966

I’m part of that 95% being I’m still holding my MANA 😩

goldyluckinblokchain

*Cries in MANA*

Psychedelic1966

Them are 5 out of 6 that I invest in. The other one is MANA!

Psychedelic1966

MANA

BasedCaesar

Bought a shit ton of MANA at around $.09 each, played Decentraland (MANA is it's currency) a few times and thought it was lame/sold. Around a year and a half later Meta announced it'd be their Metaverse currency and it pumped to $3.60. Is what it is.

Medium_Change4574

Yep I was a MANA bag holder for long, got rid of it at like -60%

mykidsdad76

I actually think the line: "The best moment to buy was ten years ago, the second best moment is now (because it is the earliest you can)" is excellent. I fight feelings of frustration and anxiety from FOMO and regret for getting in our out of positions at the wrong time in the past. I have this MANA story that haunts me. Anyways, thanks for sharing, OP.

GranPino

Better leverage is using a margin account and short a basket of zombie projects. For example. You put 1000 in the account, you invest 2000 long in your favorite coins (at least 3 of them to avoid being easily liquidated) and short 1000 in zombie projects like XRP, ADA, EOS, MANA, IOTA. better in several of them so there is lower risk of liquidation if there is a big pump in one of them. Usually I short more whatever coin has pumped the most among my zombie projects. And repay later after the unavoidable dump. This strategy works for me quite well because the interest paid isn’t big, and said zombie projects keep losing positions in the coin ranking

nthgen

LoL MANA 🤣😂😆

Sarah_RVA_2002

> Yeah totally doesn’t smell like a ploy team Warren cooked up… >The lawsuit alleges that the digital assets listed on Coinbase are securities. This includes Solana (SOL), Polygon (MATIC), Near Protocol (NEAR), Decentraland (MANA), Algorand (ALGO), Uniswap (UNI), Tezos (XTZ), and Stellar (XLM). The plaintiffs argue that these tokens constitute ‘investment contracts,’ subject to state securities laws OK, so just don't invest in them. I wish I could punch these people in the face.

Oheson

Not just ETH. A new lawsuit against Coinbase for - ALGO, MANA, MATIC, NEAR, UNI, SOL, XLM & XTZ Careful how you shitcoin boys. No Alt is safe.

Grunblau

Doing this with Algorand will make you understand what the future could be like. This is also how I found out that LINK wasn’t really an important enough part of the ecosystem to hold. This was also why I sold my MANA and SAND after seeing the games. Also using this logic, I am not sure why people hold more ETH than they absolutely have to based on user experience alone.

mystic_swole

That's all from a few years ago.. idk what I was doing man lol. I actually had put in like 6k in when I started and won big on like SAND, MANA, and portfolio was like 21k then everything was crashing and I just kept buying like an idiot. Never took profits. I luckily was still buying a little btc when I remembered over the past couple years so I'm overall up quite a good bit but still.. main goal is to play this cycle more smart.

NukaQuantum1111

You should buy MANA under 60 cents or FLR under 0.035

Smiling_Jack_

How tf is MANA still in the top 100?

recessiontime

I'm not into gamefi but if you want something that will perform similar to MANA and SAND then I suggest you watch this regarding TOPIA and come to your own conclusion: https://youtu.be/y52BQdfIGao?feature=shared For AI related I might recommend you look into QUBIC since it has a legit founder with many successful cryptos launched in the past.

CryptoNerd_16

Consider AI-integrated projects such as Ocean Protocol (OCEAN) or [Fetch.ai](http://Fetch.ai) (FET). Look at advanced metaverse initiatives outside of The Sandbox (SAND) and Decentraland (MANA). Explore environmentally friendly options like Cardano (ADA) and real-world asset tokenization (RWAs). Pay attention to projects that have strong USPs, vibrant communities, and active teams.

hbarrias

MANA

Tropixgrows

This is making me think about selling my MATIC for something else. I only have about 500 worth, but it's stayed at 500ish where other coins have done much better. I have a bigger bag of LINK that I feel the same way about. It just doesn't seem to go anywhere. Up, and then back down. I'm really undecided on it because it has such a good reputation and heaps of utility. I want it to do well. As soon as I sell, then it will start to perform. MANA is another one... Anyone holding MANA? Does this token have any future?

tsurutatdk

It's good that you're diversifying. If you did your research before investing, I'm sure you'll be confident in holding that.I also have solid altcoins in my Tap wallet, including XTP, SAND, and MANA. I'm waiting for it to hit my target.

Smiling_Jack_

MANA is getting close, too.

fake_review

Habe some SAND, MANA and SHIB left from the earlier days that I also just started to consolidate into 100% BTC. Never held any BTC before this morning but it kinda feels right.

Canik716kid

Selling BTC several times under 3k , selling Eth at 100$ , countless times....selling 5 BTC when it was under 1k , moving etc to BTC at 13k ($3) only to watch it fly to $175+...had 470 coins.... selling LTC pre run at 45$....not selling MANA at $5+( had 1750))bought at .09c... Shall I continue....? But what I can say that I did right was I always held a certain amount since I started back sub 1k.... But I can't tell you the countless times that I look back and saw the foolish mistakes...I let the moon slide right thru 🤣😖

Dazzling_Marzipan474

Selling a ton of MANA at $0.10 when it hit $0.30. Then the Facebook metaverse shit started going ape shit. It woulda been a 20x easily. I usually sell way before the tops or at least most of it.

Cypto_Spaniard

I was holding MATIC before it blew up last cycle ...the saying back in the day was the same as these days "sell, MATIC doesn't go up, you should get MANA" ...and so on. Be patient, not everything pumps at the same time, some coins that have already pump may have already got the ATH of this cycle whereas some others will pump later. Don't buy what has already pumped ...those gains are missed

tika_dengu

Thanks to the anon who mentioned AIOZ in these forums. Swapped all my dodo coins (SAND, MANA, LRC) to AIOZ few days ago and I am in the green.

OG-TRAG1K_D

I had a problem buying one time a while back it was no where near this, but what had happened was I went to buy MANA at a sharp low point while I was bored and monitoring it watching DragonBall when I got an error stating that I wasn't allowed to purchase because it was to low??? I was very confused, so I purchased other crypto only to find out that they never refunded my money. ironically, the bank I was using at the time was wellsfargo (notorious for stealing and not refunding) they got my money back after I called many times, emailed, and messaged... it only happened once, but it did happen, and I'd it happened to me on a simple transaction it could certainly happen on a large scale.

MakoBoost

MANA for sure

thatrainydayfeeling

I got rid of all me MANA. Its so heavily attached to the metaverse and that completely crapped the bed. I dont see it recovering and will be one of the 99% of alts that never match BTC

AdamFitri2005

GALA no unless you're already a bagholder,, MANA maybe

Salty-Jon

MANA and GALA still worth it?

pwaltman1972

I totally understand. It sounds like we both started playing with crypto about the same time, and I never got into DCA'ing, largely because my financial situation changed dramatically, so I didn't have much expendable cash. Right now, I'm holding until 2025, and my trigger(s) are when or if 2-3 of my shitcoins break even. (SHIB, LRC, MANA, IOTX, CRO, GALA, AMP - so MANY shitcoins!!!). Luckily, I only threw $50 on each of those, so I'm not THAT bummed that I've lost 80-90% on them, but I figure that when or if those start to recover, it's a sign that we're close to the peak of the cycle. I theory, I could have a more active strategy, and/or determine a price threshold for each of my coins that will trigger when I sell, but I just don't have the time to invest in determining what that should be. Plus, I'm a bit player. If I ever decided to put more in, I would have to take a much more active role, which is what it sounds like what you are struggling with as well.

tika_dengu

I have opened coinbase for more than a month. Have they fixed the 0 problem? Not that it matters with the coins I hold there, i.e. SAND, MANA and LRC

Obeliskosu

Any opinions on metaverse coins such as sandbox or MANA wonder what the general consensus on these kind of crypto coins and their possible future

Any_Pudding1541

Im actually in plenty of alts, LINK, ADA, LTC, SUSHI, MANA, MATIC, you get the point. I dont believe in any of them. Hold too long and you will have $0

StarbugI

I had all of those and rotated all but ALGO into other investments last year. But I still have ALGO, MANA, XTZ and COMP weighing me down. At least my ADA is in the green (just). Do you remember all those ‘rate my portfolio’ posts during the last bull run. I’d be embarrassed to put mine up at the moment 😂

longview4nearsighted

MANA 👀

indigo_pirate

Last bull I did a little bit of successful trading with LRC and MANA But my bulk holds of BTC and ETH I’m just incapable of selling.

crownpoly

MANA

tika_dengu

Will the likes of SAND, MANA and LRC ever recover to their previous ATH?

Canik716kid

We need one more run up on MANA

Canik716kid

I'd like to see MANA back up past $5

Fedshmoker

What do you think will happen with all the NFT and Metaverse coins like MANA, FLOW, etc this run? No one cares or talks about them anymore.

echo_good_username

might be MANA?

AntDog

Celsius used the July(?) 2022 prices of crypto to determine what your claim is worth. At that time the price of BTC was around $19900 - let's round it to 20k to make it easy. If I had 0.2 BTC on Celsius when it shut down it was worth ~$4000. As a Convenience class member, I would have gotten 70% of it back, so it seems like I should get 0.14 BTC back, right? No. What happened is my claim was dollarized - turned into 4k, then 70% of that is $2800. When the Convenience class got their payouts, I got $2800 of BTC and ETH. EXCEPT it was paid out at last week's prices when BTC was around 45-47k. So if I got $2800 in bitcoin when BTC's price was 47k, it only ended up being like 0.0595 BTC or so. And that's how many Convenience class members effectively got only ~34% of their crypto. The only Convenience class members who got more are those who held crypto that either had the same price (Stablecoins) or actually had a higher price in July 2022 than they do now (I think MANA is one).

bNoaht

Not really dude. I started my own personal etf of alts in 2017 and all these "awesome projects" with great white papers and ideas are busto now. I think of the 60 or so projects I invested in. 2 are still around and barely up. My total loss was 90% or more. MANA is still around and BAT. A few are kicking around and alive down 99% from initial. But honestly dude. It's not better than roulette. Trust me

Obeliskosu

Genuinely wonder people's opinion on METAVERSE coins like Sand and MANA and their potential future in the cryptoverse

tika_dengu

Wish SAND and MANA take clues and start pumping

Lostindaether

I did that once upon a time but now it’s BTC only…AXS, CRV, SAND, MANA, OMG, DOT, ETH, RPL…I think it’s too many project to keep track of and all have much higher risk, imo.

Smiling_Jack_

lulz Even during the bull run it was barren. There'd be some folks in that initial lobby area, but I could easily go an hour before seeing another user at even the more sought-after locations. I rode MANA through the Facebook metaverse hype, but locked in those profits and knew I would never be touching it again.

Smiling_Jack_

> MANA OK now I know you're trolling. Have you ever actually been to Decentraland?

Level_Exercise_3939

Well I don't think their product is amazing, but they have a clear project with a backing. It's not just a website with a whitepaper you know? I don't hold any Sandbox, I hold GALA, but I think GALA, SAND and MANA are all good projects in terms of GameFi.

flsurf7

Just checked out MANA. I bought some a while back at around a few cents and its up to 0.44 still. I don't hold any anymore, but I don't think what you said is true.

DavidOpre

I'm holding ADA, XRP, POLKADOT, MANA, SNX, SHIBA, DOGE, you name it😅 I do also have some money in forex (bot) for like 3 yrs now, made me a noce bag .. If you need anything else let me know. Btw Invest that much as you can afford to lose.

DistributionAntique

Ahhh I guess it makes sense then. Cause I bought MANA when it was still around $0.30 l this year. I think there’s chances of it going back to it’s ATH. If the bull run lives up to the hype, we might be eating well with MANA.

DistributionAntique

How’re you 95% down on MANA?? I’m currently in the green with MANA. When did you buy?

myheadsexplodin

Honestly I haven’t played either but I hear amazing things from IMX. And MANA just has bag holders at the top. Might be worth switching over. It’s also been a Red week for IMX too which might be a good buying opportunity

LargeSnorlax

Hmm, hard to explain. Have you ever actually *used* Decentraland? If not, give it a try. https://play.decentraland.org/ Go here for a few hours, try interacting with the atmosphere, really use the game and see what you can do. See if you like it and want to play it more. After you've done that, boot up Gods unchained. https://godsunchained.com/ Make a deck, put a few hours in here. See if you like the experience, how it interacts, how the wallet works and so on. Really dig into and experience what each ecosystem is like. I'm almost certain you'll come to the same conclusion I did: - MANA is an empty, socially disconnected experience, filled with a lot of advertising, no people, and things that don't make you want to have fun or enjoy yourself. It's like you're in the facebook metaverse, but somehow even worse. - IMX is a sleek processor for games that are fun, make a lot of sense, and feel more like a traditional gaming experience with a crypto wrapper in the background. You'll actually want to log in, utilize the atmosphere and interact with the ecosystem. I'm firmly in the camp that you have to **use** and **experience** your crypto in order to understand it and why you have it.

LargeSnorlax

Cool, good luck! Half the fun of crypto is researching a project and seeing if you agree with what they're doing. It's how I got into things like IMX and out of things like MANA. Once you actually use the project and get involved with it, you get a lot more (or lose a lot more) conviction about how it'll actually be used and adopted.

GreenStretch

I bought absolutely trifling amounts of LRC and MANA that shocked my with how much they grew. Unfortunately, I missed selling the peak on MANA for a really stupid reason.

Joe_From_Kokomo

We just sold off most of our altcoin (ETH, Shiba, Doge, MANA, etc.) to reinvest in only BTC and Solana. We sold some of them at a loss, because we will make that up plus more on BTC and Solana.

Creamysense

I think DESO is good, MANA not so much. Though my knowledge is limited, not interested in either of them.

robeewankenobee

The difference between DESO - MANA = SAND I also bought Metaverse tokens in a full bull ... not even remotely close to get even, had to rebuy a bunch at lower price just to drop my average purchase price because SAND was 8 bucks at some point (yeah, i know)

tika_dengu

SAND and MANA could get a lift when Apple release their vision pro glasses.

Smiling_Jack_

Thing is, any shitcoin can pump to extreme heights during the euphoria phase when everyone is throwing money at anything showing momentum. Having said that, by bet is on MANA.

CandidateNrOne

For 5x I d just buy BTC mining stocks as #MANA and wait till next BTC ath.

Akebokke

That’s a solid plan indeed! I also expect Dot to pump more as well, especially with Dot2.0 around the corner. Thanks for the MANA suggestion! I think Gaming coins will perform well this cycle

VirtualSputnik

I’m looking at MANA now. I’de like to see it go to 1.05. But fairly confident it’ll at least get back up to .80 cents

DistributionAntique

MANA, ADA and MATIC moving upwards finally. Love to see it :).

DistributionAntique

MANA, ADA and MATIC moving upwards finally. Love to see it :).