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โwoj
@woj.eth
best way to approach moxie: assume moxie is locked and doesnโt trade yet โ it's just points you will find out if they are worth anything 6 months from now so either keep yours or try to build a position if you believe the price is low now selling now feels like giving yourself a chance to miss out on a big thing
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@m-j-r
in one way, I see what you're getting at, and I'm inclined to wait to see if it succeeds. otoh, it is a bit disproportionate if everyone agrees w/ the impression that moxie burned into bonds is somehow "locking" those bonds in aggregate. we have more of a "won't defect" situation than a "can't defect", assuming access from block explorer is uninterrupted.
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โwoj
@woj.eth
yeah i donโt think of it as burning either i just approach it the same way as degen (which i sell too much too early and didnโt buy enough) degen didnโt have any buy pressure either it even pumped on every airdrop do donโt want to miss out again
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@zoz.eth
Most of the people were not around to see the degen launch(3 months) sentiment. Ppl were calling it spam Ppl bragging about making $1000 from a 10 million degen sale Order books were thin Nobody was buying more from the exchange https://paragraph.xyz/@0xzoz/degen-employment-contract
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Jorge Pablo Franetovic ๐ฉ
@jpfraneto.eth
i would add on top of this, the sentiment around it from a personal level, from people that were (are) inexperienced on crypto this was my first /big/ airdrop, and the first 3 months i was riding a volatility that made me feel adrenaline, but always within the +/- 99% range. it didnโt happen often that it hit a 100+% price change i held through that because i saw something that made me feel that it was a good idea, but i can definitely see why some people sold at the beginning, when free money was free money without ever knowing that it could be much more free money, if you had the gut to sit on the rollercoaster for long enough
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@zoz.eth
Thank you for this perspective! It is easy to forget after many years in this game the dopamine hits lose effectiveness(the stuff that helps daily life) We need amplified state changes for better or worse Itโs good to have one foot in and the other out. A lot of people start like what you mentioned and continue chasing the dragon to their own peril
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