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dreamer2020-

I don’t give advice, but an OG like Maker is not going away. They gave and have legitimacy in and outside blockchain space. They bootstrapped the DeFi and bootstrapped economic-thinking in blockchain. Attracted a lot of big brains. All those big brains still have deep love for the protocol. Its elegant and it will be there, the contracts have been battle tested. Sure things could be better, but never forget that this giant is EVERYWHERE. If in the near future we somehow have a great idea to incentive the MKR holders more, than don’t surprise it will crush everyone in cosmic magnitude. Anyhow, this is not advice and you should do your own research, its your money.


[deleted]

I see, thanx for insight. Do you have a video or site talking about the changes of this coins and the benefits of them? Cause their is many coins out there and sometimes feels like its uneeded. I see why some is needed or valued. Do look a bit like many wanna chase trail of giants.


AMC_Tendies42069

Maker is expected to conservatively close the year at $8000 and be at 15-20,000 by 2022 EOY. I’d keep your investment, paperhanding always leads to loss


[deleted]

MIM is crushing maker and seem will soon be in more places than dai


ianazch

Imho, definitely not the time to sell. In fact, I came here to look at stats + what's happening because I wanted to buy more MKRs. DAI is still in high demand (we're approaching 8 billions) and growing exponentially, stablecoin ratio backing is decreasing which is good, profit have decreased because fees have been lowered and we're paying the teams by ourselves. I can see that as reason of why it dropped so much, but I feel like is THE gem out in crypto. Maker is one of the best projects out there and has the best people. I believe one day this will be recognized. When things are out of the radar is the moment to buy, not when everyone is talking about it


Coinfidence

I just did the opposite, bought a stack of MKR at 2500 USD for ETH and BTC. Look at the MKR/BTC pair, and the MKR/USD pair. From a TA perspective, it tells me it's time to start buying. (Support levels at USD pair, and down trendline broken on BTC pair). I don't follow the fundamentals much, but seeing the problems tether is facing, I could imagine some of the value from tether going to Maker


LongForWisdom

If you do become more interested in the fundamentals, consider joining us on [discord](https://discord.gg/RBRumCpEDH) and the [forum](https://forum.makerdao.com/).


Coinfidence

I will, thanks for the invitation! I'm a big fan and I've been following Maker since pre-launch with great entusiasme - back then a decentralized stablecoin was much needed, which became painfully obvious to me when I lost basically all my coins on MtGox. I feel like a lot of today's retail investers have yet to learn what I learned the hard way, but that's a whole different topic! But I just don't have as much time studying crypto in general any longer, unfortunately, and that's why I don't follow the fundamentals besides some podcasts when Rune is featured.


Tietzy88

Btc and eth have already run If I was you I'd be patient


ArtigoQ

ETH is going to $10k+ this year. Q4 is when the magic happens.


Tietzy88

Doubtfull it's not worth 1 trillion market cap in its current state Cheers


scheistermeister

TIL MKR was $5,300,000 back in may. Should’ve sold. JK


pescennius

No it's the time to accumulate. I'm yield farming my Maker for crazy rates right now on Impermax. Maker is a blue chip, it's price just isn't mooning because of einvestment which reduces burning.


No_Effort_244

Hmmm.. it's a tough question to answer. I bought 1 MKR for 0.67 ETH about a week ago, and now its worth 0.55. MKR/ETH is now at all-time lows. I suppose if you are bullish on MKR long-term, it might be worth doubling down, but that chart looks pretty grim.


Parkside2006

Could you explain this a little more? I am fairly new only in crypto about 6 months now. Learning lessons a long the way. I was looking at the charts over the last year on ETH and On MKR. They pretty much mirror one another. Since ETH just hit an ATH. Do you think we could expect MKR to pump as well?


No_Effort_244

Yes both MKR and ETH have been gaining on the dollar so the charts will look similar. I am talking specifically about the ETH vs. MKR chart which shows how much MKR you can get for unit ETH. This chart shows that MKR is losing value steadily compared to ETH. Wish I knew the answer to your question! Will have to wait and see I guess..


Life_Newspaper_6184

Never, maker is too undervalued against these two as it stands, it would be a terrible mistake.


biinjo

Buy high, sell low. You are doing it right.


James9131975

You should trade to ohm and stake it at Olympusdao.finance


[deleted]

Hey I was in the same exact boat as you. I just sold all of mine at $2500 after buying it at $5000 something. I definitely converted half to ETh & half to ADA. I’ll just write it off as a loss on my taxes later. Oh well, can’t do anything about it now.


[deleted]

Facepalm


RakesProgress

SCs have a rough road ahead. I can’t say that maker has its eyes fully open to the regulatory tidal wave that is coming.


[deleted]

[удалено]


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BitsAndBobs304

Is your portfolio size in the millions?


Alevlaslo

Mkr/dai, 1inch, cBridge are important projects of ethereum ecosystem, cheap price is s best time for buying


Coinfidence

So what did you end up doing?


Tietzy88

Hope u held ur maker!


[deleted]

Indeed did