DYOR guys
Do Your Own Research. Put it here. Enjoy DYOR memes.
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It’s completely incorrect to compare the prices of BTC, ETH, and SOL. If you see such a comparison, it’s foolish on the author’s part.
With ETH and SOL, you can conservatively stake and restake your assets, which helps offset the token's inflation—something that isn’t reflected in price charts. But this yield is real.
On top of that, you receive airdrops. This is a decentralized economy, after all, and every project will have its own token.
With BTC, you might put your funds in a cold wallet and a year later forget your passphrase—just like what happened to me recently. But with Eth and Sol, greed will keep you actively using your wallets because the decentralized economy constantly rewards you with airdrops, incentives, and memecoins. This makes you wealthier & you never forget your passphrases.
Let others store their ETH and SOL on exchanges, leaving all the real gains to us. Let them celebrate Bitcoin "outperforming" Ethereum and Solana. We’re more than happy with this setup. :) 1 reply
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99% of tokens will not reach their previous ATH in the next decade because they are simply pump’n’dump schemes.
The only difference between projects is the size of their marketing budget.
In the crypto space, the budget traditionally goes toward two main areas:
1. Airdrops, as seen with projects like Moxie, Stepn, Axie Infinity.
2. Short-term liquidity pool retention.
For example, the Moxie token dropped from $0.014 on August 2 to $0.0019 by September 14—a 7.4x decrease in just 40 days. Currently, it is trading at 13 times lower than its peak.
GST (Stepn) rose from $1.30 on December 23, 2022, to $6.40 on April 28, 2023—a 5x increase in 4 months—only to crash 128x in the next 50 days.
This is what happens to 99% of tokens. That’s why I sell at the first unlock or within a month of the pump beginning—project organizers simply don’t have the funds to sustain the pump any longer.
What I believe in: open-source industry-leading products like ETH, SOL, and AI16Z.
Cultural memes like DEGEN. 3 replies
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