Hi @CarlParkerDev, hi @Qloud777 and @MikeHerron ...I just wanted to

Question

Hi @CarlParkerDev, hi @Qloud777 and @MikeHerron ...I just wanted to

respond to all these scared comments by explaining my experience with Kadena which was difficult right from the start, but I can't blame anyone for my operational choices. It was 2022 and I was intensely studying the mining industry to make a multi-year operational plan. I bought a KD5 to face Kadena, immediately afterwards the bear market started and the Ka3 came out... I'll leave it to the more experts to understand the disaster on my wallet. At this point I could cry or get down, curse the project and everything else but no, thanks to the 2016/2017/2018 cycle I remained consistent with my strategy and continued my analysis on mining and strengthened my strategy. This led me to have an average load price in spot purchase a huge x below the purchase price of the kd5. Later I understood how miners behave strategically and I won't bore you if I bring everything to a simple concept, pump & dump. They do it on bitcoin, they did it on eth and they do it on every crypto pow. Do you want to blame him? No, learn the carousel and get on it... as the projects get stronger this p&d will decrease in intensity, but this phenomenon can also help the team to build bigger things each cycle, because they manage to raise funds from the increases. Having said this premise, I conclude by telling all the impatient people to: 1. stop looking at the graph every day 2. set an alert on trading view and until the notification is activated, do not calculate kadena anymore 3. if you are not happy with this strategy, go out and come back when bitcoin dominance starts to decline 4. be positive about this group, the more newcomers see positivity, the more they stay and invest. Kadena whether it is a valid project or not will pump, it is simple mining industry, but helping the team with trust and support creates the foundation for the future.

#blockchain #cryptocurrency #english #kadena

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29.03.2024

3 ответов

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Carl Parker

TY @DamianoGriggio - appreciate the time and thoughts, glad to have you apart of this journey with us 🫂

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8 месяцев назад

CryptoGym

Great explanation by you🙏

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8 месяцев назад

Rose · Accepted Answer

Rose

⛔️NO price, marketcap or trade related talk or speculation! Please use the #price-talk channel on KadenaEcosystem's Discord ⤵️ ▪️ Discord Invite ▪️ Link to Price Talk Channel

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8 месяцев назад

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