Why I haven't sold any of my SPORTS before
Over the manymonths I have earned and equally bought the SPORTS token on Hive engine, I am yet to place any sell order before. I'm not seeing it's bad to do that after all it's the sell orders that make the market liquid. But maybe I'm just thinking very differently about the SPORTS token.
There are some mistakes I made with certain tokens in the cause of investing and trading cryptocurrency that I don't want to repeat. I've sold a lot of tokens quite too early and I really don't want to do that with the SPORTS token. CZ once made a tweet saying, "if you cannot HODL then you won't be rich."
You can argue with that but there's definitely some truth in that assertion. The greater wealth is gotten by those who hodl and not those who merely take profits at the slightest green candle pop out. I believe that SPORTS token is still very young and not fully ripe for me to take profits.
This is why I'm bent on accumulating and staking my SPORTS tokens. I believe that the token as well as other hive-engine tokens are yet to mature. For this, I keep HODLING and staking to curate great SPoRTS contents and also earn rewards in return.
You may have missed out of investing very early in other cryptos, don't feel that you have missed out. There are still many young projects out there to take advantage of; SPoRTS token is one of such. Now, is the time to accumulate and wait for winter to come.
SPORTS token performed quite well last month but this month, it has been on a decline. Many are panic selling but don't be a party to them; buy and HODL instead. Good news is that some good developments and changes are happening in the community.
Who else is bullish on SPORTS?
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What's its used for?
What do you mean?
What you mean what I mean?
rewarding for sports relatedcontent and dedicated front end is https://www.sportstalksocial.com
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Thanks
I'm not very bullish in the near term, but I think it could be a big thing someday. There are so many sports fanatics that need a place to hang out.
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Yeah! It will probably do better at a long run; this is why now is the best time to accumulate and HODL
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I also think Hive Engine tokens are very early stage. We see the development of Hive Engine/tribaldex. And what a tribe can do, LeoFinance is a great example. SportsTalkSocial is capable of doing much better in the future.
Sportstalksocial can do better, it just needs more developments and advertisements.
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Yes it definitely needs more development and some more contests/games where sports token can be used more
Exactly my point. A partnership with rabona could be a good booster though
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I do enjoy the community and hope it does well but that is no guarantee it will. My biggest problem with sports is the 10 trillion tokens and how are we going to reduce those numbers. We need more than advertising to burn them.
It's true that 10 trillion is a really large supply but judging from the large community of sports lovers, it's Small. It is then a matter of being able to promote first and also consider burning. This was why I loved the idea of burning some rewards when one posts from another frontend.
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I agree with you and why I am on sports only because I enjoy it and if there is value in the token I see it as a bonus. 10 trillion is just too much though and felt when we moved block chains we should have lost some zeroes. 10 trillion seconds is the same as 317097,9198376458 years which is a shed load of time and an incredible amount to burn through.
That not withstanding, the project can still be very successful if it is being critically looked into. Actions like burning will help a great deal if we kickstart soonest.
Let's just hope that @patrickulrich has some plans to push the project forward.
At this point, is there a way to cut the numbers? If yes, then we should push for a proposal on this.
I support the motion! It will be wise if a team is set up to discuss on more ways of advancing this project and giving it the value it deserves. I must commend the ads program
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Thanks that the process has started. Let's look into 6 months from now, things would change so drastically for SPORTS.
Fingers crossed!
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Not dumping SPORTS in these lows could be one of the very crucial investment decisions one could take. The future gets nearer.
I can't wait to see SPORTS mooning
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The price sometimes make us frustrated! While others are going up faster, SPORTS is either static or very sluggish on movement!