Sold my ADA, will buy Bitcoin.

[Anonymous No.49419594]

I lost faith in all Proof of Stake systems and am now turning into a Bitcoin Maxi. I hold BTC/BSV and some ETH.

[Anonymous No.49419614]

>>49419594
>eth

A shitcoin that is now seriously outdated and expensive to use. sell it all for btc.

[Anonymous No.49419618]

One step in the right direction. Next dump the eth and bsv

[Anonymous No.49419670]

>>49419594
>bsv
for what purpose. At least buy monero instead of a ghostchain

[Anonymous No.49420713]

>>49419594
Welcome. I did the same when I sold all of my LINK in January. Have never looked back or felt better.

[Anonymous No.49420732]

Based. Bear markets create BTC maxis.

[Anonymous No.49421263]

>>49419614
this is also the same coin that has whales all over it right now with some even like BitDAO buying more than 380 ETH on a daily average

[Anonymous No.49421349]

>>49419594
>I lost faith in all Proof of Stake systems
was there a particular event that cause your loss of faith?

[Anonymous No.49421377]

>>49419594
Good job. Ada is a shit coin that only survives by spending millions on SEO. Seriously, google "crypto roadmap" and tell me what appears first on the listings.

[Anonymous No.49421426]

>>49419594
Switch the bsv for xmr at least. As for the ETH, I ditched mine for USD. I'll dca buy eth under 4 digits.

[Anonymous No.49422273]

>>49419594
nice
POS is not a viable idea
BSV is the only coin with long term scaling ability. N-chain owns many patents that eth uses.

Its an incentive driven distributed super computer. BTC is broken and LN is an off chain 3rd party money siphon. BTC is not P2P while BSV is.

[Anonymous No.49422852]

>>49422273
why isn't POS viable? the main argument i've seen is that you can just buy the network with PoS but in that case you would own the majority of the network so wouldn't want to damage it. with PoW hashrate can't you just rent enough servers to control the network without actually buying hardware and without hurting your own bags

[Anonymous No.49422905]

>>49419614
Is there and good crypto coin to hold outside Bitcoin

[Anonymous No.49423991]

>>49419594
While you lost faith in POS I found a safe haven in it and by this I mean tokens like ATOM, OSMO and RIDE gives me nothing less than 25% APR respectively when I stake them.

[Anonymous No.49424018]

>>49422905
You might want to DYOR on AxlToken, a low cap undervalued gem with loads of potential in the DeFi, NFTs, Metaverse sector and lots more

[Anonymous No.49424314]

>>49419594
just like you, i resolved to only hodling and providing liquidity with ALBT for passive returns.

[Anonymous No.49424702]

>>49419594
you might soon loose faith again anon, i give myself pleasure by playing in Cometh's battle mode and gram em rewards.

[Anonymous No.49425254]

>>49419594
I wonder why though. PoS systems are already taking over the blockchain space. I mean look at Otto!

[Anonymous No.49425441]

>>49419594
when you buy btc and stake on the freeway network, it yields you 33% apy. I've been enjoying that for some time now

[Anonymous No.49425488]

>>49419614
>sell it all for btc.
You buy anything not BTC to sell to buy more.BTC.
Come on now.

[Anonymous No.49425649]

>>49419594
I hold btc, but I'd advise you to diversify. I'm currently waiting for the launch of Flare, an NFT leasing marketplace project. It's a potential moonshot

[Anonymous No.49425666]

>>49419594
Welcome to the wild world of crypto. I did same when i lost heavily in January. Glad nFLARE will be launching soon. DYOR and see what's good

[Anonymous No.49425696]

>>49425649
I like that they make sure P2E devs won't need to develop their own marketplace they'll provide all of the tools for you so you can focus on creating the best gaming experience ever.

[Anonymous No.49426575]

>>49419614
>>49419618
I might sell my ETH as it's an unregistered security and the SEC can't just give them a free pass when chasing down the others such as Ripple or BNB, also the move to PoS again makes it worthless.
>>49421426

>>49419670
>for what purpose. At least buy monero instead of a ghostchain
This "ghostchain" is the perfect hedge for BTC as it outperforms all PoW chains in scale and CSW could be SN. I'm not waiting around for a signature when it's so cheap and he wins big lawsuits.
That being said I did consider adding some Monero, but I'd need to research it a bit more.

>>49420713
>>49420732
>>49422273
:-)

>>49422852
>>49421349
>was there a particular event that cause your loss of faith?
For a while I had big doubts. I've read through a Monero thread actually that kinda just gave me the final courage to dump all PoS. The TLDR is that PoS centralises into kind of an oligarchy structure, but the bigger problem is that usually staking comes with voting power, whereas miners in PoW systems do not make rules, they merely enforce them. Third, the system becomes vulnerable to attack as PoS allows anonymous stakers, as they don't need to build large warehouses of hardware, they can simply spin up 500 AWS instances and pose as many entities, when in reality it is only 1 - why would they attack a network they hold so much stake in? If they gain more by somehow shorting it, which just shouldn't even be possible to begin with as it's a constant Damokles sword over your head, it could even be done if a rich guy feels like it and does it for the fun of it. Oh and if you simply scale PoW systems up they are also environmentally friendly so normies lose that argument against it, too.

>>49421377
kek, good catch

>>49422905
I hedge my BTC with BSV.

>>49423991
>>49424018
>>49424314
>>49424702
>>49425254
>>49425441
>>49425649
>>49425666
>>49425696
Lmao shills =D

[Anonymous No.49426843]

>>49424702
P2E's have kept me incentivized especially in this bear. Still having fun and earning with Axie and Kogs slam, and I'm also on the lookout for Honeyland. They're introducing the p2o concept, and I can't wait to get my hands on the game.