If we are already posting and discussing things that are related outside of the game, why not post and focus on the things that actually matter and can change your life.
For anyone that cares about their financial future, you should already know how the government prints your hard earned money away at 5-8% yearly. What should you do about it? Invest into assets with the cash you don't need, since assets go up in value with inflation.
Cryptocurrency has been proven to be the best performing asset class of all time.
Anyways, to make things short, for anyone that believes Bitcoin will reach its all time high within the next 1-2 years, it just printed a 10% weekly candle, over the last 4 days.
Good altcoins with product market fit, with a good community and a good founder, have higher risk but also much higher %%% potential. Hence HEX printed a 43% candle over the last 4 days.
When an altcoin follows the pump alongside bitcoin, that is usually a good indicator that it's going to follow it over the next future pumps as well. This also goes the other way, if any of you are holding altcoins in your portfolio that didn't pump within last 4 days, consider removing them, because its likely they are a loser.
Important dates/events:
1. Bitcoin ETF is yet to be announced by Black Rock, gonna be a major news event pump.
2. Nov 1 potential 0.25% interest rate hike by the fed.
3. Nov 28 HEX founder Richard Heart has to appear in court for the SEC lawsuit.
4. Bitcoin halving happening sometime in April 2024
HEX lawsuit by the SEC is the only big risk factor that may hinder price adoption, but it is expected to be won and resolved within 1-2 years with an approx. 90% certainty (based on my research, and SEC had just recently dropped the lawsuit against XRP)
Even with the lawsuit in progress tho, HEX has still pumped and had outperformed bitcoin by 4x.
I've attached 3 pictures, bitcoin performance over the last month, hex performance over the last month and bitcoin log chart over the last 12 years.
The bitcoin log chart is for everyone that doesn't believe in crypto and is too lazy to learn and take on short term volatility aka "risk". As we can see on the bitcoin log chart, it has reached new all time highs over the years. Even if you just bought and held, you would be up on your money in the long run.
HEX is the first blockchain CD, certificate of deposit. Meant to act just like your savings account in the bank does. You lock up your HEX for the time period that you choose, and you are rewarded with interest overtime (this is called a stake). Without middlemen in the system (bank employees) and with a generous founder that has been retired for 20 years who isn't locking up his supply of the coins, the HEX APY % can be as high as 30%, and even higher when other people cancel their stake early, with the half of the penalty fees being redistributed across the current stakers in the system, hence rewarding the people who are able to delay gratification and live up to their agreement of locking up their HEX for the timeframe that they have chosen.
That's the most simple way to explain HEX in 4 sentences. If I get like at least 10 people that are interested to hear more without diving into their own research first, I have no problem making a second thread just on HEX specifically.
p.s There are 2 versions of HEX with different prices. HEX on Ethereum and HEX on pulsechain. (HEX on pulsechain is the one that's expected to perform better, hence that was the reason for its launch, and hence the price of it is 2x higher than HEX on Ethereum.)
For anyone that cares about their financial future, you should already know how the government prints your hard earned money away at 5-8% yearly. What should you do about it? Invest into assets with the cash you don't need, since assets go up in value with inflation.
Cryptocurrency has been proven to be the best performing asset class of all time.
Anyways, to make things short, for anyone that believes Bitcoin will reach its all time high within the next 1-2 years, it just printed a 10% weekly candle, over the last 4 days.
Good altcoins with product market fit, with a good community and a good founder, have higher risk but also much higher %%% potential. Hence HEX printed a 43% candle over the last 4 days.
When an altcoin follows the pump alongside bitcoin, that is usually a good indicator that it's going to follow it over the next future pumps as well. This also goes the other way, if any of you are holding altcoins in your portfolio that didn't pump within last 4 days, consider removing them, because its likely they are a loser.
Important dates/events:
1. Bitcoin ETF is yet to be announced by Black Rock, gonna be a major news event pump.
2. Nov 1 potential 0.25% interest rate hike by the fed.
3. Nov 28 HEX founder Richard Heart has to appear in court for the SEC lawsuit.
4. Bitcoin halving happening sometime in April 2024
HEX lawsuit by the SEC is the only big risk factor that may hinder price adoption, but it is expected to be won and resolved within 1-2 years with an approx. 90% certainty (based on my research, and SEC had just recently dropped the lawsuit against XRP)
Even with the lawsuit in progress tho, HEX has still pumped and had outperformed bitcoin by 4x.
I've attached 3 pictures, bitcoin performance over the last month, hex performance over the last month and bitcoin log chart over the last 12 years.
The bitcoin log chart is for everyone that doesn't believe in crypto and is too lazy to learn and take on short term volatility aka "risk". As we can see on the bitcoin log chart, it has reached new all time highs over the years. Even if you just bought and held, you would be up on your money in the long run.
HEX is the first blockchain CD, certificate of deposit. Meant to act just like your savings account in the bank does. You lock up your HEX for the time period that you choose, and you are rewarded with interest overtime (this is called a stake). Without middlemen in the system (bank employees) and with a generous founder that has been retired for 20 years who isn't locking up his supply of the coins, the HEX APY % can be as high as 30%, and even higher when other people cancel their stake early, with the half of the penalty fees being redistributed across the current stakers in the system, hence rewarding the people who are able to delay gratification and live up to their agreement of locking up their HEX for the timeframe that they have chosen.
That's the most simple way to explain HEX in 4 sentences. If I get like at least 10 people that are interested to hear more without diving into their own research first, I have no problem making a second thread just on HEX specifically.
p.s There are 2 versions of HEX with different prices. HEX on Ethereum and HEX on pulsechain. (HEX on pulsechain is the one that's expected to perform better, hence that was the reason for its launch, and hence the price of it is 2x higher than HEX on Ethereum.)
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