wouldn't people buy pHex since its faster/cheaper?
It’s impossible to say what the HEX price will do on ETH once PHEX launches on PulseChain. There is a good chance that people will move from EHEX to PHEX. After all, PulseChain is being built for HEX and its awesome community to escape the ridiculous fees and limits of ETH, plus, PulseChain will strengthen and fine tune everything that Ethereum currently is. On PulseChain, we most likely will see a lot more stakes (especially short term stakes) because people will be able to create and end stakes with little expense. This will most likely lead to a slightly lower APY. On Ethereum, there’s a chance that there will be less new stakes being made because of HEX holders/stakers moving to PulseChain for its convenience and savings. This would lead to higher APY on Ethereum. It’s just my opinion, but Ethereum will still be the play for longer and bigger stakes because the yield will be higher over there, but the HEX token price could be higher on PulseChain because it will be easier with less fees. Remember that the HEX smart contract on ETH will be the same smart contract on PulseChain - that will always be the case. There are many elements and variables going on right now with the upcoming launch and so much is unknown. The worst thing you could do is rush into any move or position. Know this…If you are here, now, you are ahead of 99% of the people in crypto, if not all of finance, regardless of the size of your bag. Each individuals case, bankroll and objectives are different, and that includes you. During this bear market and before PulseChain launches, I strongly encourage you to create a written plan of how you are going to proceed on PulseChain when it launches, on Ethereum or both. I also encourage you to come here and ask questions. There is always a wealth of knowledge here, so take advantage of it. Have a plan in place for a few different scenarios. There are very many ways this could play out. You yourself are the only thing that can spoil the opportunity of long term financial success, so learn how to secure your seed phrase and private keys with a hardware wallet such as a Trezor. Also, don’t forget that 99% of DMs you receive are scams, literally. Be careful, have a written plan in place and don’t forget to create your a 15 year HEX staking ladder if you haven’t done so already. 🤝💜
i have cash waiting to buy when ehex goes lower. but also seeing if i should wait for phex or pls
Remember that you will receive a copy of your EHEX on PulseChain when it launches. What if the price doesn’t go any lower then PulseChain launches? You’ll then lose out of a free 100% copy of your HEX bag. The price is already at a 95% discount, so if I were you, I wouldn’t be flirting with trying to time the market, as that’s definitely a losing strategy. Don’t forget that your HEx stakes will be copied as well. Copied t-Shares is a bigger deal than most realize. Have you considered buying HEX now and know you have the copy coming so that you won’t have to scramble amongst thousands of people to get the best price when PulseChain launches? On top of that, if you buy and stake now, you’ll be earning trust-less compounding yield every day until the launch, and launch could be six-twelve months away. We don’t know…
In addition…if you hold EHEX at launch, your PHEX copy will be live on PulseChain the second it launches, then you could swap your PHEX for PLS. Just an option…
Tldr but that was gigabrained, kudos. People should use this time to create a strategy for the launch
A Million Spacebucks (1) has increased reputation of King Anon [Kingga 0.00001c Mafia/Testnet Trillionaire] (1)
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