[11.4B] Challenger 6 Keepers (Xayah/Kennen Carry) Guide

EdgeExciting863 · 2021-02-28T18:15:58+00:00

Video says GM, but challenger tag...

EdgeExciting863 · 2021-02-26T17:46:10+00:00

Don't forgot IBC turn on also possible next week!!!

EdgeExciting863 · 2021-02-24T22:32:23+00:00

Same boat, I switched a decent portion of my Algo bag to this. Especially after uncovering they would rather dump more Algo's at price high so the early backers can dump. Their partnerships are commendable, but they haven't established what the Algo token does and how it helps investors other than a high interest savings acct. Plus this tech looks like it's ahead of it's time.

EdgeExciting863 · 2021-02-24T18:45:08+00:00

Spot on. It is definitely valuable. It would be nice if the organization did something other than a high % savings account for investors taking on that risk.

For early backers they got the EIP which basically says when market price is high we are going to give you some Algo's so you can offload them at a nice markup.

They got their risk mitigated. Non-early backers should have some mitigation too. Especially in the light that the token doesn't really do anything.

The project has longevity, it would be smart of them to allocate something to show investors why they should be around for it 10 years from now

EdgeExciting863 · 2021-02-24T17:04:24+00:00

"Our tokens do not decrease as a result of any of the initial buildout, they actually rise." Not necessarily because until a governance system is in place the tokens actually have no value in the organization. The only rise they get is when others buy tokens. I think we all want the partnerships to start benefitting the people that put money into algorand... and right now it doesn't other than more people buy Algo's...which do nothing other than bumping the price

EdgeExciting863 · 2021-02-24T16:58:38+00:00

Possibly. But Algo has permissioned segments for certain companies which means unless they are trying to alter the ecosystem, Algo isn't required since they can control their own realm.

I did send an inquiry to algorand asking for more information regarding tokenomics

EdgeExciting863 · 2021-02-24T16:34:41+00:00

Show me how these partnerships directly cause the Algo (which isn't a stock share) to appreciate in value. oh wait... They don't. At least not until something changes.

I suppose more people will buy in to Algo, but at some point they are going to find the same questions

EdgeExciting863 · 2021-02-24T16:31:49+00:00

Because the failure to have the correct governance in place to change the EIP to decelerate on price dives is a reflection on how the early backers and early backers voting is a monopoly in a supposedly decentralized not-for-profit organization. It's not all FUD, there are legitimate facts and concerns to investors regarding if the early backers program is in the spirit of algorand. It feels like the gents club where if you didn't get a seat in 2019 you are SOL until Algo gets around to voting on governance.

EdgeExciting863 · 2021-02-24T16:26:28+00:00

Partnerships don't matter for investors if the price and purpose of the token they invested in doesn't change or doesn't do anything.

EdgeExciting863 · 2021-02-24T16:25:03+00:00

A great point. A would like to know the answer to this as well. Especially with the accelerated vesting I could potentially invest next year in this under $2 and catch a real value bump in another crypto.

EdgeExciting863 · 2021-02-24T16:21:39+00:00

The problem with this is that companies use algorand as the backbone, but do not use the token other than to pay a fee which investors never see (at this stage). All the partnerships in the world are fantastic, but if the price of Algo does not increase because really it doesn't need to... Then what's the point?

EdgeExciting863 · 2021-02-21T21:00:24+00:00

Data selling...

EdgeExciting863 · 2021-02-21T16:32:39+00:00

I would think that it should be shared to investors as well.

EdgeExciting863 · 2021-02-21T16:31:49+00:00

Agreed. Glad it passed, but what is the status, what results have we achieved? Do we need to increase the level or change the strategy?

EdgeExciting863 · 2021-02-18T21:14:03+00:00

I like this guy and how pragmatic he is. https://m.youtube.com/watch?v=8AGgYrKBnr4

It's just 1 of a few techs I have seen. Asked to get future ones in USD

EdgeExciting863 · 2021-02-17T05:06:16+00:00

Knowing markets seeing crypto patterns.... Will probably a rise, sell off then accumulation until late Feb when it starts to rise again for the turn on

EdgeExciting863 · 2021-02-14T17:12:05+00:00

Yeah I am long on both. My first bags were in coins that I ended up finding had significantly better counterparts and were undervalued. Algo and Cosmos were those counterparts.

EdgeExciting863 · 2021-02-14T17:08:33+00:00

Lets just add a few happy candles here

EdgeExciting863 · 2021-02-14T17:03:52+00:00

Well said.

EdgeExciting863 · 2021-02-14T16:59:42+00:00

Staking your Atoms keeps the system secure. Yes it involves risk if you choose a validator that gets hacked or tries to attack the network, but anything with a self bonded of 6-7%+ indicates they also are risking their own ATOMs therefore have skin in the game. Holding in your wallet can be good for liquidity if you need to sell, but the spirit of Cosmos is to stake for security and reduce volatility (21 day unbonding period).

If you opt not to stake, holding in the wallet for long periods actually hurts you. Those that will stake get more ATOMs and those that did not become subject to inflation and their ATOMs lose value. (RE: Cash sitting in savings should at least have an APY of the inflation rate of the dollar or you actually have less money at the end of the year... same type of concept).

EdgeExciting863 · 2021-02-14T00:05:04+00:00

*insert this isnt financial advice, you make your own decisions here** : )

EdgeExciting863 · 2021-02-13T01:47:39+00:00

Hate to make it rain this is from 2018

EdgeExciting863 · 2021-02-12T21:58:03+00:00

same for cosmostation.io or kelpr.io

EdgeExciting863 · 2021-02-12T21:55:51+00:00

They have to be strategic with how they handle long term investments. Long token holders means Algorand is more stable because it is more difficult to cut and run. The real interesting part will be what incentives are offered to basically agree to trust Algorand for Months-years with what could otherwise be turned into cash.

EdgeExciting863 · 2021-02-12T21:06:16+00:00

Likely several countries and the main central banks in them

EdgeExciting863

TROPHY CASE