[Journey] $5,000 into $30,000 with Crypto in 1 year

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is that a bad thing?
Not really, it's just initial investors having access to their locked up tokens. There is usually a limited/slow release to ensure persons can't sell and crash the coin. It depends on the vesting rules.

The rules:
  • Vesting : 25% released at TGE, 1 month cliff and 75% unlock daily over 30 days


The IDO also only accounts for 20% of total tokens. With 25% released initially, this means only 15% would be locked up until december 10th.

Then when December 10th gets here, that 15% will be gradually released over 30 days. Meaning, 0.5% of total tokens released daily for 30 days. So less than 1% market impact per day if they try to sell.

Also IDOs are typically split across many persons so you won't find too many whales, so most persons will just hold as it isn't worth it to try and sell.
 
Ok you sure did.
Im going to ask you questions about your book.
Feel free to do so
Not really, it's just initial investors having access to their locked up tokens. There is usually a limited/slow release to ensure persons can't sell and crash the coin. It depends on the vesting rules.

The rules:
  • Vesting : 25% released at TGE, 1 month cliff and 75% unlock daily over 30 days


The IDO also only accounts for 20% of total tokens. With 25% released initially, this means only 15% would be locked up until december 10th.

Then when December 10th gets here, that 15% will be gradually released over 30 days. Meaning, 0.5% of total tokens released daily for 30 days. So less than 1% market impact per day if they try to sell.

Also IDOs are typically split across many persons so you won't find too many whales, so most persons will just hold as it isn't worth it to try and sell.
Great answer, most of them will stake it anyway, the more people to stake it, the more will value increase.
I sold MUBI btw, it made crazy profit. Thanks @sscaz. If it goes down I'll buy again.
I am happy i can help you all make profits
 
Out of the 4 cryptos im holding RN MUBI was the one with the least amount of money at 500$ only unfortunately hahahaha regretting my decisions now :p
 
I have 9.298,67 PROPS right now, I'll be holding them cuz I researched the project and it's really bright. I know it ain't much but that's all I can invest rn lol. It might be the only coin I'll HODL without selling currently.
 
NIce man great portfolio. I would sell XRP and put more into ARB I believe it is a sleeping giant.
Best of luck!
 
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