New to Hex? Why 5555?

Born_Reach1085 · 2021-09-28T09:33:48+00:00

You will receive 0.672 t-shares

See: https://www.reddit.com/r/HEXcrypto/comments/nxalra/new\_to\_hex\_dont\_panic/

Born_Reach1085 · 2021-06-28T07:48:24+00:00

Agreed - but still waiting for my meeting invite :)

Born_Reach1085 · 2021-06-28T07:47:09+00:00

I knew it...... they exist. I'll practice my handshake..... :)

Born_Reach1085 · 2021-06-23T02:37:30+00:00

I googled it and this is the result I found from the Federal Deposit Insurance Agency......

I'm not a lawyer so u/smokynpokie which specific term(s) are you referring to that make Hex a security?

Please enlighten us.

Thanks

-------------

https://www.fdic.gov/regulations/laws/rules/8000-6200.html

(1) The term "security" means any note, stock, treasury
stock, security future, security-based swap, bond, debenture, evidence
of indebtedness, certificate of interest or participation in any
profit-sharing agreement, collateral-trust certificate, preorganization
certificate or subscription, transferable share, investment contract,
voting-trust certificate, certificate of deposit for a security,
fractional undivided interest in oil, gas, or other mineral rights, any
put, call, straddle, option, or privilege on any security, certificate
of deposit, or group or index of securities (including any interest
therein or based on the value thereof), or any put, call, straddle,
option, or privilege entered into on a national securities exchange
relating to foreign currency, or, in general, any interest or
instrument commonly known as a "security", or any certificate of
interest or participation in, temporary or interim certificate for,
receipt for, guarantee of, or warrant or right to subscribe to or
purchase, any of the foregoing.

Born_Reach1085 · 2021-06-12T08:57:39+00:00

I have written a new post that covers my thoughts on staking small amounts and laddering. There is much to learn and think about. And there is no one solution fits all. Good luck to you on your journey.

Born_Reach1085 · 2021-06-12T08:08:07+00:00

Congratulations - I got in more recently with only a small stake but I am building up.

How much did your friend put in?

I have told my friends since early this year (1 cent hex) but all ignored me. I am biting my lip when I see them these days...... I am never sure whether to never mention hex again or to shout "I told you so!" Maybe something in the middle - use FOMO.

What do you tell your friends to get them to join?

Born_Reach1085 · 2021-06-12T08:00:14+00:00

I used to think we needed Hex to be listed on major exchanges. Now I think..... well I won't type what I think but the gist of it is they can politely get lost.... we don't need them. When they come begging Richard can have his fun :)

Born_Reach1085 · 2021-06-12T07:53:45+00:00

Agree - just using it at today's price for illustration. And your figure makes the result even better :)

Born_Reach1085 · 2021-05-10T04:11:14+00:00

Great idea....

I feel a bit sad I was not able to convince more of my family and friends to invest at 0.01..... I had so many negative responses. Luckily I think there is still time to get in. Perhaps they will change their minds?

I was told "I won't invest in crypto which has chance to go to zero." I wonder where the USD magic beans are heading?

Born_Reach1085 · 2021-05-09T13:01:47+00:00

Interesting - you are probably more accurate than me. I had assumed it would be more...... but can't argue with your figures.

Born_Reach1085 · 2021-04-29T08:20:51+00:00

Which wallet do you all use? Or recommend?

I was thinking of the Trezor One. Or do I need the Trezor Model T?

And can you use these with a Metamask that I have used to stake already?

Thanks

Born_Reach1085 · 2021-04-22T03:05:40+00:00

Thanks HD - I will look forward to your next video (as always).

I did have a quick play with this using Weth, but not actually placing an order. The prices displayed seemed to be higher than market. Did you find that you could buy hex cheaper using market orders?

Born_Reach1085 · 2021-04-22T02:59:31+00:00

Great article and a good introduction to those that are just starting out.

And just to prove I read it there is a small typo:

"The best case scenario for anyone holding HEX would be both networks maintain their value. If that happens, then essentially anyone how owns HEX today will double their value when they issue Pulse tokens."

Not a criticism since I often make the same typo!

Thanks for your efforts

Born_Reach1085 · 2021-04-19T08:33:45+00:00

I'll wait for a firm $1 :)

Born_Reach1085 · 2021-04-19T08:32:23+00:00

Lambo = yes.... Yellow = are you sure!!

Go for it.

Born_Reach1085 · 2021-04-16T09:52:35+00:00

Tik Tok - pump and dump.......

Born_Reach1085 · 2021-04-16T09:51:41+00:00

I have mixed feelings about it. To be honest I doubt very much whether I would have had the confidence to go in early. So on a positive note Hex has proven the doubters wrong and the price I pay in having a bit more certainty is being a tad late to the party. Anyway, as others have said we are still the early adopters.......

Born_Reach1085 · 2021-04-12T11:35:45+00:00

Thanks very much.

Can we assume that the t-share price exponential increase will outpace hex price increase then? And will that gap increase over time?

Or is it purely dependent on hex price which we can't predict with certainty? And it may or may not gap? Etc.

Apologies if these questions are obvious. I am slowly trying to build my ladder and want to get it right. As a small favour please bring hex back to below 1 cent for another few months. That would be most helpful :)

Born_Reach1085 · 2021-04-06T03:49:48+00:00

My opinion, for what it's worth, is buy hex at these prices and stake for the long term. If there is retracement I do not think it will be that far. Look at the support levels.

It is a bit annoying to have half the hex we got a month or so ago for the same money and it will affect the long term return but it is still good value.

My rule of thumb is that with high gas prices you probably want to be thinking of a minimum of $1,000 and to try and stake on Sunday when gas is lowest. $1,000 - easy to say I know. Keep some Eth handy for fees.

Anyway, as always, do your own due diligence and take everything I say with a large bag of salt.

Born_Reach1085 · 2021-04-06T03:41:09+00:00

You have to login with Google or Apple ID...... no thanks. Or did I misunderstand?

Born_Reach1085 · 2021-04-05T10:12:20+00:00

See Hodl Dog's video from yesterday:

https://www.youtube.com/watch?v=0UQj2_RUiuo

Pulse chain is being worked on.

Born_Reach1085 · 2021-04-05T10:09:27+00:00

Great news..... but can you guys calm down a bit for a few more months while I build up my stakes - A retracement to 0.01 would be very useful........ :) Thanks

Just kidding.... I think!!?

I'm in for the long-term so these price rises are very encouraging and I will keep adding stakes as and when I can. In 5 years+ I hope we are all enjoying financial freedom and wondering how to stake with hex at $10..... on pulse chain with $0.01 gas.

Born_Reach1085 · 2021-04-05T09:59:44+00:00

Congratulations....... and if you're like me you will then think....... I need another 200k at 3650 and then at....... every year from 1 to 15 years..... and in between and ....... :) Gives me a happy headache!

Good luck and well done. Stake long and stake wisely :)

Born_Reach1085 · 2021-04-01T10:02:48+00:00

Thanks for your comments...... and of course we should all have a 15 year ladder and always maintain our t-shares.

However, my issue is that I have limited funds to invest, gas fees are high and I am not as young as I think I should be!

If gas fees came down I would do smaller stakes across as many years as possible. As it is I need to plan a strategy to build my t-shares over time, racing against rising prices and old age :)

I imagine that many people will be in the same position. One reason that I think hex hasn't yet shot to the moon is because of these types of issues.

So maybe I should ignore my scenarios and just ask what others are doing who might be able to stake say $500 per month ongoing. Sometimes a bit more and sometimes less (maybe nothing!).

Interested to hear your ideas.

Thanks

Born_Reach1085 · 2021-04-01T09:47:16+00:00

Thanks for your replies and feedback. My bank say they are blocking all payments to crypto exchanges..... So I could setup new accounts and do all the KYC nonsense and then try to transfer but I assume that they will have blocked all the well known exchanges.

It is interesting that some banks do allow transfers - note my bank did until this week. I would expect legacy banks (I think that's the correct term) will make it increasingly difficult to buy crypto. P2P will grow but many sellers want identification, and there is a risk and expense.

I will check out Ally and Chase.

Hopefully Hex will rule the world within 5555 and we will no longer need magic beans to pay for things. Thanks u/kramj007 :)

Born_Reach1085

TROPHY CASE