what do you guys think about Mana?

[bitmover]

That's why I'd rather look for something new.

I agree, new projects are more likely to succeed . I am looking for a "good" shitcoin to make 1000% easy, but I haven't found any good opportunity yet. Missing all opportunities so far;...

[examplens]

I agree, new projects are more likely to succeed . I am looking for a "good" shitcoin to make 1000% easy, but I haven't found any good opportunity yet. Missing all opportunities so far;...

If you find something, let me know. Maybe it's time for me to retire 

[bitmover]

I agree, new projects are more likely to succeed . I am looking for a "good" shitcoin to make 1000% easy, but I haven't found any good opportunity yet. Missing all opportunities so far;...

If you find something, let me know. Maybe it's time for me to retire 

Retire? Got a big bitcoin stash already?
I am almost there

But I am affraid of needing more money than expected in the future

[examplens]

Retire? Got a big bitcoin stash already?
I am almost there

But I am affraid of needing more money than expected in the future

Unfortunately, I don't have a enough supply of Bitcoins. That's why I hate this bull run and everything that's happening these days. 
I'm just tired of chairs, monitors and any displays. 

[Lucius]

Unfortunately, I don't have a enough supply of Bitcoins. That's why I hate this bull run and everything that's happening these days. 
I'm just tired of chairs, monitors and any displays. 

How much is really enough? Everyone very likely started with the idea of owning at least 1 BTC, later surely thought it would be good to have at least 2 BTC, and then imagined how nice it would be to have at least 5 BTC because that's a nice round number. Realistically, for those who live in Europe, the US or Japan, even 5 BTC does not represent some kind of satisfactory "retirement package" with which they could live comfortably for the rest of their lives.

There is a good strategy to increase the amount of BTC that has worked very well so far, and all you have to do is sell at the peak, then wait for the absolute bottom to happen and then buy again. The one who, for example, had 5 BTC and sold them in the last bull run for, say, $70k a piece, earned $350k - and if he saved that money and used the best of the bear market, he could have bought at least 15+ BTC at an average price of $20 which are worth about $1 million today.

Not bad, of course for those who are patient and who know how to refrain from spending money in the meantime

[examplens]

How much is really enough? Everyone very likely started with the idea of owning at least 1 BTC, later surely thought it would be good to have at least 2 BTC, and then imagined how nice it would be to have at least 5 BTC because that's a nice round number. Realistically, for those who live in Europe, the US or Japan, even 5 BTC does not represent some kind of satisfactory "retirement package" with which they could live comfortably for the rest of their lives.

I guess it depends on how long someone plans to live. 

There is a good strategy to increase the amount of BTC that has worked very well so far, and all you have to do is sell at the peak, then wait for the absolute bottom to happen and then buy again. The one who, for example, had 5 BTC and sold them in the last bull run for, say, $70k a piece, earned $350k - and if he saved that money and used the best of the bear market, he could have bought at least 15+ BTC at an average price of $20 which are worth about $1 million today.

Not bad, of course for those who are patient and who know how to refrain from spending money in the meantime

In theory, this sounds like a good scenario and quite achievable, but it is not easily feasible in practice. Maybe for someone who has 10+ BTC or certain stocks of other money, so he can afford to risk with 5. I believe that there were such cases.

[bitmover]

There is a good strategy to increase the amount of BTC that has worked very well so far, and all you have to do is sell at the peak, then wait for the absolute bottom to happen and then buy again. The one who, for example, had 5 BTC and sold them in the last bull run for, say, $70k a piece, earned $350k - and if he saved that money and used the best of the bear market, he could have bought at least 15+ BTC at an average price of $20 which are worth about $1 million today.

That is possible to multiply your btc stash. It is also a bit risky.

Personally, I have sold nearly 1 btc in the last bull run, and I rebought it again for lower prices, but I didn't made a lot of money in that trade... And I didn't bought more than I had earlier.

I will try to be more agressive in this bull run. Let's see if it works.

[Lucius]

In theory, this sounds like a good scenario and quite achievable, but it is not easily feasible in practice. Maybe for someone who has 10+ BTC or certain stocks of other money, so he can afford to risk with 5. I believe that there were such cases.

That is possible to multiply your btc stash. It is also a bit risky.
~snip~

It has worked so far, and of course no one says that it is necessary to sell all the BTC you have, maybe the risk is worth 1-2 BTC, which can then be turned into 5-6 BTC with a smart strategy. Of course, now that we have spot ETFs, the question arises whether they will stabilize the price and thus make the correction smaller than in the past, or whether Bitcoin will again lose 70% or more of its value in the next bear market.

I agree that it is much easier to buy some altcoin at some ridiculous price and hope that it will be pumped up x1000. But as they say, those who don't take risks don't profit.

[Cryptsafe]

I heard about this token sometimes last year but I did not see it as that project with good potentials but a shitcoin. It became abundantly clear to me when it reached $5 that I could have invested in it because I got to hear about it at the earliest stage of development but I ignored it as a result of my experience with other projects. However, I believe it would still bounce back since it was able to reach all time high of $5. I believe it might likely exceed that price this bull run.

[Stompix]

I am looking for some explosive shitcoin to make huge gains...
~
Is it abandoned project or do you guys see any potential.?

So, let me get this right, when you say potential you mean one huge pump and that's it?
Possible but now on its own and mainly because elf a hype with metaverse things, but with the whole trend not really getting any momentum even as we speak and more and more of those popping up and dying the next day I don't think  you will be able to nail exactly the coin that gets the pump, so maybe pick some more , do an average, and then hope FB starts another hype?

I guess it depends on how long someone plans to live. 

Bruh, this is dark! 

Realistically, for those who live in Europe, the US or Japan, even 5 BTC does not represent some kind of satisfactory "retirement package" with which they could live comfortably for the rest of their lives.

If they were to sell now and then live for 10 years, you still have around $3000 a month.
Assuming you have at least a middle income pension, some 401k, you own your house you could be living it way above average around Europe.
Planning on 25 years, no, and, there is the inflation, and maybe rising cost for basic goods, and so on!

[Lucius]

If they were to sell now and then live for 10 years, you still have around $3000 a month.
Assuming you have at least a middle income pension, some 401k, you own your house you could be living it way above average around Europe.
Planning on 25 years, no, and, there is the inflation, and maybe rising cost for basic goods, and so on!

Considering that life expectancy in developed countries is getting longer and longer (at least that's what they claim), and that everything we need for life will be more and more expensive, those 5 BTC don't seem enough to me at the moment, but if the price reaches about $200k or more, we are still talking about 1 million euros or US dollars, which is not so bad even for, say, 25 years of life.

As one famous character said, "This time next year, we will be millionaires"

[jeraldskie11]

I am looking for some explosive shitcoin to make huge gains...

I remember that mana had a huge hype in last cycle. The price reached 5 usd, and now it is 0.5 but still in 72 postion in coinmarketcap.com

Is it abandoned project or do you guys see any potential.?

No, it's not an abandoned project. If you look at their social media such as twitter account you can see that they keep updating or posting. Technically, I don't see any huge pump coming on Mana because I don't see a good structure in the chart. However, technical analysis alone won't work 100% but also it should be with fundamentals. In my opinion, if ever the price of Bitcoin surpasses $70k or continue to go up, there is a great chance that price of mana will hit $1 or more.

[Stompix]

Considering that life expectancy in developed countries is getting longer and longer (at least that's what they claim), and that everything we need for life will be more and more expensive, those 5 BTC don't seem enough to me at the moment, but if the price reaches about $200k or more, we are still talking about 1 million euros or US dollars, which is not so bad even for, say, 25 years of life.

As one famous character said, "This time next year, we will be millionaires"

I think that it's still a big difference between European countries and even US states, retiring with 5BTC in the UK might not be as comfortable as in Romania or Bulgaria, and the same would be for Louisiana and California. Average wage in Romania is under $1000 (I think?!), so 5btc would still get you 350 months of "average" whatever that is there, 60+35 common, that's being optimist!  But if we move just a bit north west and a two bedroom in not the best Prague neighborhood but still a nicely placed spacious comfy one will chew that on its own

So...retire and go east, south...or salvador?  Probably Haiti will also give a bang for the buck   

[bitmover]

So...retire and go east, south...or salvador?  Probably Haiti will also give a bang for the buck   

The problem with going to developing countries is that you have to pay everything on your own. Heath care is very expensive, specially when you get older.
In Brazil, a good health care plan for someone with 70+ years old may reach $1500-2000 USD per month...  Ofc most people can't afford it, but will you retire early and reduce your life expectancy?

School for children is also very expensive, but free in basically all developed countries.

Leaving in a place like Portugal, Spain, where you don't have to pay for education and health might be way cheaper in long term. Many people in Brazil move to Portugal to retire.

[Stompix]

In Brazil, a good health care plan for someone with 70+ years old may reach $1500-2000 USD per month...  Ofc most people can't afford it, but will you retire early and reduce your life expectancy?

Waiiiiiiiitttt a minute!
What do you mean health care plan, just the health related treatment being covered up full or full housing and healthcare?
That is incredible high, an avenge retirement house with heath coverage would be at the 1500-2500 in Germany and Osterreich, 2000 euros in Czech Republic can get you full health, meals, 1 room, assisted mobility and social programs.

Many people in Brazil move to Portugal to retire.

You've got to be kidding me!!!?
How would a 1500 euro wage (income) so 1500 in your wallet after taxes look in Rio or Sao Paulo? 
You got me thinking...on tooo much stuff!