Might even be faster. Some of these tightly held projects get to like $3-$4 and then just take off. If that happens there will be many wealthy long time holders.
It would be cool to use some for storage or use of early apps, maid will be transferable to Safe Network Token and have utility after all. A portion to sell and use for development and the rest for the families future. How much any that has an impact depends on price.
I bought an i7 all top notch generation desktop hard drive + SSD about 3 years ago with my last bitcoin to prepare for farming⦠it is still here waiting⦠as soon as it hits a desirable price + farming is available I will buy 10 times storage capacity for it with 10 Maids !.. Hope it will be soon
Well⦠I trust crypto more that fiat to store value, and I trust and value this project more that others. I donāt think Iāll be selling in bulk - only for my needs.
If you do sell in bulk you better have a purpose in mind otherwise you risk the general government and banking value theft shenanigans.
BTC - hold forever. Fiat currency moving to a blockchain so they can control every aspect of your life. BTC is the hedge against this.
MAID - have a much bigger position so might lose a few 10k if I need some cash and we are in the USD 5-10 area post successful testnet. But really, even at these levels itās fantastic given where it was a year ago. Iād almost written it off, given price and the apparent lack of interest in this forum. I am currently reminding everyone who laughed at my stubbornness when it had crashed 90% that my arguments back then are still valid today, irrespective of the price.
MAID hodlers are like no other. It takes real commitment, optimism and a genuinely deep understanding on why this project should and must succeed.
There have been tough times and no doubt the team felt it as acutely as anyone else. The removal of PARSEC and the big team restructure were moments where I started to worry too. The tenacity of the team and this community is a force to behold though. You just canāt write them off.
Some would call it stubbornness. Some would call it madness. Regardless, it feels unstoppable and the progress it will deliver, unparalleled.
I would think people should have a healthy balance of spending some MAID to fill certain needs or wants but also what good is cashing back out to fiat do you just to have it sit in cash? Iād I donāt have the majority of my money in some combo of crypto, real estate and equities I think Iām probably doing it wrong. Cash out as needed to purchase the things you need but Iād rather have my money in MAID of all works out or bitcoin or potentially other stable projects.
I say end of May because there is sometimes an end of March/early April tax dip for most cryptos (although not always). If BTC stabilises up here or goes higher, we can see alts skyrocket again easy
If btc goes to $200k this cycle and maid to over $2 me and my partner are buying a better house than what we are looking at now as well as Nissa Aryia (am averaging out before then, sold £500 worth of btc today for example and put it straight in the bank). Not touching maid just yet though. Ariya | Electric Crossover | Nissan
I wonāt be selling for fiat. My coins will be used for my own projects on the network, encouraging others who are doing excellent things, exchanging them for goods and services over the network (and off the network? DBCs anyone?) and also helping with onboarding people by giving them a bit of SN to get them started, at least to family and friends.
People here must be a lot more well off than me to be able to not cash out anything or very little.
My current plan has me selling about half my holdings distributed over about 15 price points to get me financially independent in fiat, with some diversified investments, and then hodl the rest long term.