MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

@SwissPrivateBanker not pushing against your comment but you definitely peaked my interest!

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I just wanted to quote reply to the above, as it deserves to be read at least twice. Love it! :sweat_smile:

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:gem::raised_hands: Baby!

This is an extremely valuable project, and I’m not talking about monetary value… the tech is ground breaking.

All the bitcoin fan boys and the marketing heavy projects had there fun…

Here comes substance…

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After 10 years I let go of 10% of my Apple shares in early March last year. I regret it every day.

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If it was a gut sale, then yeah, time to check. If it was something that follows your strategy and process, then don’t look back. In my case, I have other stakeholders (family, etc.) and the peace of mind of having a profit even if this goes to zero is important, especially since daily volatility is now serious money to me. If this goes where it may, then I will spend approximately 0 seconds wondering if getting 100% of the potential vs 94% and sleeping like a baby was a bad trade.

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The top few storage category on CMC have been pumped. BTT (bittorrent) and FIL (filecoin) have been trading blows to be in top 10 and top storage coin. Both are not worthy by a long chalk imo, but it no doubt has made people take notice.

I mentioned a few months back that DEFI was all the rage at the start of the boom, but may not be by the end of it. We’ve also had NFTs and multi chain platforms have some fuss. Now it seems to be storage and distributed systems that are taking some limelight.

However, the top market caps have been left wanting, imo. So, only fair that Safe Network is getting some attention. That all fits just nicely for the test net too - serendipity indeed! :wink:

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Mine was based off having carried losses that I knew I could take tax free gains against. Yes, perhaps if I had other peoples money involved then I would also require peace of mind. I’m also a hold person, it’s worked more then not in my life but I get it.

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I had forgot STORJ was recently added to Coinbase so that is further publicity to storage coins.

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I sold enough to use up some capital gains tax allowance and bank some profits. I watched the last ATH slip away without selling enough on the way up and regretted it. Always good to bank some profits when the time is right.

That said, the vast majority is truly off the table. The above was the first time since the poloniex days that I have sold any. It may be a good while again until any more are sold! :grin:

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Fund managers rebalance their portfolio every so often, I’m assuming that is what’s being referred to.

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I suppose I’m more curious about it being put on a purchase list. I’m assuming because they want to diversify storage coin project holdings. But how or where are they getting their MAID holdings??

Volume still relatively low so OTC?

Do they play a passive investor role or do they provide liquidity and try to pump their holdings?

A lot of questions I’m curious about.

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In properly-run hedge funds, the investment &decision-making department are completely decoupled from the trading desk who is solely focused on best execution.

If the trading desk is given a large order to execute, they will have to scratch their heads on best strategies to acquire/sell large amount, which is increasingly difficult as liquidity dries up.

There is no Otc market for maid at this stage

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@SwissPrivateBanker In your experience how would you go about acquiring MAID if your fund gave the order to purchase?

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Breaking down the quantity over days, with execution strategies like iceberg orders or third volume execution. It’s really an ordeal if there is just a couple of listing.

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I wonder if the new exchange listing could be brought to their attention somehow. If that could help.

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If these are big boys, no new exchange listing is going to do much for them. I think they will have to raise the price, if they want in.

EDIT: I know I’m not selling until I get my boat and then some.

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@SwissPrivateBanker we have consistently looked at not having a fully working beta as an issue. Is it a possible advantage now if we get a testnet and new exchanges but no full beta yet since the full supply of coins are more or less in strong holders hands with no new coins until we have a mvp?

This may be what we’re seeing, nudging it to see if there’s a level that will tempt holders. There surely is, but the question is where. Volume is up, but still very low.

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They should have actually done their own research. How could they have missed such an opertunity like maid?

Reminds me of an advert brought to the attention of the GME crowd - a hedge fund wanted to employ someone to spot the next GME in social networks…

… How about just actually going out there and understanding the various projects.

Am very glad they didn’t… :gem::raised_hands:

We all put our own efforts and patients in to this project. … Lost opertunity in the BTC run… What do they expect, us to part at anything less than EUR 100.

I’m not going to let years of holding, and personal research go for a EUR 1, 10 nor 100.

They want to play in this playground, cough up… or start Earning SNTS.

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I get to talk to many early adopters or crypto millionaires in my job.
I am always surprised to see the number of guys who actually know maidsafe, have given up on it over the years or sold their position as they were disappointed with the progress, and have stopped following.

These guys have multiplied their wealth by 10x this year, doing yield farming or just holding their positions.

A spark and some media attention, or just a bloody mainnet and they will be back with so much more buying power than they had in the early days.

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