STX and PYTH pretty solid in my opinion.
STX always had a good run whenever BTC going up like back then in Q1 of 2024, I'm expecting the same to happen again and eventually there will be time when bitcoin based ecosystemw ill get massive flow of capital and that includes the NFT, ordinal tokens, and BTC layer 2.
right now attention are on the RWA protocols in Ethereum blockchain or alts in general, people are going there because they consider the token still underrated. but money always rotates in bullrun.
Topic: STX, PYTH, IMX. What do you think? (Read 86 times)
Only one I think might do well is STX. Here's my thoughts:
1. IMX
There's too much competition for gaming chains and right now, Avalanche and Ronin network lead the way with games. I think the only banger game Immutable has is Raven Quest while other competitors have more than one banger titles.
Unless sentiment changes and their ecosystem sees more good games join, I think it would continue to underperform. See the growth of AVAX and RON for reference.
2. PYTH: This one is pretty much simple. Chainlink is biggest competitor and has largest market share when it comes to oracles and I believe it would continue to do so unless something big happens and PYTH gets mindshare.
STX should run as Bitcoin runs.
1. IMX
There's too much competition for gaming chains and right now, Avalanche and Ronin network lead the way with games. I think the only banger game Immutable has is Raven Quest while other competitors have more than one banger titles.
Unless sentiment changes and their ecosystem sees more good games join, I think it would continue to underperform. See the growth of AVAX and RON for reference.
2. PYTH: This one is pretty much simple. Chainlink is biggest competitor and has largest market share when it comes to oracles and I believe it would continue to do so unless something big happens and PYTH gets mindshare.
STX should run as Bitcoin runs.
I'm also holding BEAM which has done very well over the past 3 months.
Huge potential growth for oracles. PYTH while niche, is better suited than Chainlink for applications that require real-time price data for financial assets like DeFi and trading platforms. With a much smaller cap could pump hard, especially now that Chainlink's had a good run up
As for STX, bitcoin has run but STX hasn't. I'm going to hold, it's day will come. They'll be rotation in the market from many coins that will be overbought to solid projects the market perceives to be 'cheap'
As has been mentioned, patience is required 😉
Only one I think might do well is STX. Here's my thoughts:
1. IMX
There's too much competition for gaming chains and right now, Avalanche and Ronin network lead the way with games. I think the only banger game Immutable has is Raven Quest while other competitors have more than one banger titles.
Unless sentiment changes and their ecosystem sees more good games join, I think it would continue to underperform. See the growth of AVAX and RON for reference.
2. PYTH: This one is pretty much simple. Chainlink is biggest competitor and has largest market share when it comes to oracles and I believe it would continue to do so unless something big happens and PYTH gets mindshare.
STX should run as Bitcoin runs.
1. IMX
There's too much competition for gaming chains and right now, Avalanche and Ronin network lead the way with games. I think the only banger game Immutable has is Raven Quest while other competitors have more than one banger titles.
Unless sentiment changes and their ecosystem sees more good games join, I think it would continue to underperform. See the growth of AVAX and RON for reference.
2. PYTH: This one is pretty much simple. Chainlink is biggest competitor and has largest market share when it comes to oracles and I believe it would continue to do so unless something big happens and PYTH gets mindshare.
STX should run as Bitcoin runs.
Those coins you bought seems to have a pretty good trading volume, but no one can guarantee for sure that it will make you profitable. Since you’ve decided to invest in it, I assume you’ve done your own analysis and believe that buying and holding it will pay off in the long run, just like what you did with XRP.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
Yeah, you're right. Just gets frustrating watching other coins pump and some of mine lag the market. The temptation is always there to switch to more sexy tokens like SUI, RENDER, ADA etc but then would be buying after they've risen significantly.
Not all bad news though. I've been holding ONDO and that's performed very well and my VELO has rocketed over the past few days, come back a bit since, mind 😉
Given that your coins have great trading volume and the market is bullish, they will likely benefit when the altcoin season comes. However, if it doesn’t happen this cycle, that might be the time to consider switching to stablecoins if you don’t fully trust the coins you’re holding. Like I said, patience is key when holding.
If you’re thinking about diversifying into more coins, go ahead. The additional coins you mentioned seem quite legit, especially ADA, which has been in the market for years. It’s actually one of my favorites too.
STX and IMX are also my portfolios. These tokens have very solid foundations, utilities, still under perform, and have not recorded new ATH. I think it's only matter of time until we will see the big waves to come, then those tokens will be flying.
I know they've not yet driven by FOMO, but if you're seeing the chart, there's a solid growth. Those tokens always increased more instead of declining.
If you have no patience to wait, you can sell them. You can put all of your money on the tokens, which is on following the trend. We're at the AI agent trend, and you can search for a reliable AI token to invest.
There is also an alternative way. You can keep some IMX and STX in your bad, then sell the rest to buy the new token that is following the trend.
I know they've not yet driven by FOMO, but if you're seeing the chart, there's a solid growth. Those tokens always increased more instead of declining.
If you have no patience to wait, you can sell them. You can put all of your money on the tokens, which is on following the trend. We're at the AI agent trend, and you can search for a reliable AI token to invest.
There is also an alternative way. You can keep some IMX and STX in your bad, then sell the rest to buy the new token that is following the trend.
Those coins you bought seems to have a pretty good trading volume, but no one can guarantee for sure that it will make you profitable. Since you’ve decided to invest in it, I assume you’ve done your own analysis and believe that buying and holding it will pay off in the long run, just like what you did with XRP.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
Yeah, you're right. Just gets frustrating watching other coins pump and some of mine lag the market. The temptation is always there to switch to more sexy tokens like SUI, RENDER, ADA etc but then would be buying after they've risen significantly.
Not all bad news though. I've been holding ONDO and that's performed very well and my VELO has rocketed over the past few days, come back a bit since, mind 😉
Those coins you bought seems to have a pretty good trading volume, but no one can guarantee for sure that it will make you profitable. Since you’ve decided to invest in it, I assume you’ve done your own analysis and believe that buying and holding it will pay off in the long run, just like what you did with XRP.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
Since it’s still underperforming now, you just need to be patient, maybe focus on the bigger picture and hold it for the long term. Who knows? If the altcoin season arrives this year, you might even sell early with a profit. Just a little advice: don’t sell to cut your losses if you trust the coins or tokens you’ve invested in. Patience is key.
I'm holding these coins but they've underperformed the market. They're good projects but not flavour of the month. I was holding XRP for a long time then sold looking for better gains elsewhere and it popped so I'm reluctant to sell.
What do others think?
What do others think?
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