Anyone still holding $ALGO since 2021 has my respect because holy hell the FUD is nonstop. Even many of our own have completely turned into constant FUDders. If we win we sure paid our dues
#Algorand
My first $ALGO purchase 2 years ago at .91. I was unlucky enough to see my first Silvio video at the end of the 21 bull run. Then I actually used
#Algorand
. I was blown away by this little known technology.
Bear markets will test your conviction. Mine hasn’t changed. As
Sentiment feels like it’s at an all time low. Twitter spaces are all doom and gloom. Non crypto friends texting me left and right asking “you still in crypto?” trying to rub it in. Meanwhile, nothing has changed my long term conviction in Algorand. Who else isn’t leaving? $ALGO
Off the top of my head, Algorand during this bear market:
- FIFA deal /
@FIFAPlusCollect
- NFT Growth (ATH in Sept)
- TVL Sustained Growth
- 3.9s Finality
- 6000 TPS
- State Proofs
- USDCa on
@FTX_Official
And much more. But hey, I'm sure this bear mkt will last forever
$algo
Okay let’s get serious..why the hell is $ALGO price action so bad? It feels like we’ve come so far the last couple of years and yet here we are. Make it make sense.
Tried explaining my conviction/bet on Algorand to an older, high net worth client. He looked at me like I was so dumb. Is this normal for everyone or are we really just blowing our money?
#algofam
For those that were here, what was it like in the
#Algofam
community during the bull run? By the time I discovered
#algorand
it was already on the way down and sadly it hasn’t stopped. Had to be fun times!
Well I’ve taken one for the team. Sold off a little $btc which now means we will pump to Valhalla. You’re welcome.
(No, I haven’t sold a single $algo. LFG)
Algorand deserves our praise
ALGO is decentralizing by adding a P2P gossip network, as this can replace the permissioned relay nodes!
Reserving judgment until I see the specs, as devils might still be hiding in the details
Nonetheless, it is a huge step in the right direction!
How has everyone’s experience been on
@lofty_ai
? After my first successful year owning an Airbnb I’m having the itch to buy another. It’s also a ton of work if you want to do it right.
@lofty_ai
seems like the perfect alternative to continue diversifying into real estate.
2023 goal is simple. Stay focused and get more involved in the
#Algorand
community. It’s easy to get bored during bear markets and lose interest.
Long term goal: own one of these!
$ALGO
Just made a real estate investment and wired funds from Chase. I had to call and answer about 10 questions including "are you trying to invest in cryptocurrency?" and "what is the purpose of this wire?"
When your money is in a bank, is it really yours to spend freely?
This chart shows the top projects with the most holders in loss.
🔴Algorand tops the chart, with 91% of its holders at a loss.
🟡Arbitrum, Sandbox and Axie Infinity rank close together, all with around 80% of their holders in a loss position.
The silver lining? These assets
Curious, does anyone know when
@multicoincap
invested in $ALGO or what the nature of the relationship is? I l knew they were heavily involved in $SOL early on but was unaware $ALGO was in their portfolio