Guns and ammo and physical PM. Stack them high too user. I also have a bit of eth and btc. Defi is a scam btw but a necessary one to bootstrap adoption of link. Sucks, but it's needed to show capabilities for SCS.
Help me understand IOTAfags
Refugee cities for white countries but not Israel.
What an enlightened Israeli company.
First time i bought IOTA in 2017. I held trough the bullrun and sold it devastated at break even.
Then i bought back in a few months later. After months of dumping and dumping i finally sold it again at a 50% loss absolutely devastated and full of hate.
Now i bought it back AGAIN a few weeks ago and im AGAIN at least 30% down on it.
I fucking hate IOTA so much i cant express my feelings in words
I wont sell it this time because i never bought IOTA so cheap and i think it will moon in the future, but if not i will find David Sonstebo and Dom Schiener and REQUEST MY FUCKING MONEY BACK
David is a giant faggot and potential drug addicted
Cfb is a scammer
Dom is a dumb kid who got dragged along for the ride
Popov is checked out
No one cares about your shitty trading decisions.
IOTA sucks as an investment because, as you yourself noticed, there is no reason for it to increase in value beyond manipulation on exchanges. The project itself seems fairly interesting, although it's forever tainted by the fag devs I think.
But there is no burn? How does using the network decrease token supply? The fucking 200000000000 premined billions that you can also split up? IOTA has terrible token economics.
Well the circulating supply obviosuly goes down as it is locked up in nodes. Smaller circulating supply is supposed to mean higher price if demand stays the same.
However I am still not convinced how the token value is supposed to go up by much because any company with a pulse will obviously create colored coins pegged to a stable fiat currency (at least for the next 2 decades or so). This means that any company with a 10 GIOTA potentially has enough for 1 Billions USD worth of colored coins all worth 1 cent each.
Or maybe I'm missing something, hence this post.
I had 1k mIOTA because of financial reasons. Luckily I sold at 0.31 eurocents however IOTA will not be mainly used by persons to buy and sell like some r*dditors think that it will be used for UBI.
IOTA is made so robots/AI/5G/Internet Of Things can communicate with each other. See pic related from their main website. I guess the colored tokens is done for smaller machines and bigger if that makes sense. Like a self-driving cab will be one golden IOTA and a self watering plant pot will only receive 0.001 pink IOTA.
Oops forgot to add the picture