u/Grogers92

Good time to buy

I’m pretty sure we are at or pretty close to the local bottom for Bittensor’s price. A majority of subnets are down fairly significantly. This is (probably) a really good time to buy. Smart traders/investors see downturns like this as exactly what they are — fantastic opportunities!! The TAO I’ve been accumulating over the past 4-5 days will be released from a hold tonight (I hope), and I’m going to use that opportunity to buy into subnets that:

  1. I have conviction in.

  2. Went down the most.

Buying at a discount and waiting until they recover. Always look at times like these as an opportunity to make some serious TAO!!!

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u/Grogers92 — 2 days ago

Ditto

Man, I am SOOO jealous of whoever got into Ditto a month or more ago… imagine being up almost 700% in a month… this is the type of opportunity that Bittensor provides. And it’ll get even better as Bittensor becomes more popular. We will all be wealthy someday if we keep staking TAO and making smart subnet investments/trades. I just put a buy order for 2 more TAO @ $250 and I hope it hits! Keep buying it while it’s cheap!

u/Grogers92 — 3 days ago

Weekly Subnet Staking!

Every weekend on r/Bittensorsubnets, we are going to have a post for all members to share which subnets they are currently staked in! You can just list them, or you can provide a summary of why you are staked in each one. Totally up to you! Just try to include the subnet number so that it's easier for other members to look into them. Thank you!

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u/Grogers92 — 5 days ago

Affine is the most undervalued subnet

I’ve done the research, and everything points to Affine being the single most undervalued subnet right now. We should all get in. The only question is when exactly to buy in. I’ll be watching it closely and I’ll let everyone here know when I buy in. It’ll be based on technical analysis and narrative. People are only now just realizing that it’s undervalued. It’s just a matter of time before it starts pumping. And I’m willing to bet it’ll pump for a good month or two at the least. It’ll definitely a medium to long term hold for me!

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u/Grogers92 — 6 days ago

Work All Day, Research and Trade Cypto/Subnets All Night

I am just more motivated than ever to become a successful trader. I need a second source of income, and this is how I want to accomplish that. Those of us that put in the work, do the research, and do it intelligently will be rewarded! Who is ready to make serious TAO for #SubnetSummer? Let’s go!!!!

I think the best thing about this sub is we are going to build a community of like minded, hard working individuals who help each other become successful! Let’s keep doing and sharing our research! Let’s watch our portfolios grow together! Who’s with me!?!?

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u/Grogers92 — 6 days ago
▲ 6 r/Bittensorsubnets+1 crossposts

The new “conviction” system

I wanted to get people’s opinion on the new “conviction” upgrade to bittensor’s ecosystem. From what I understand, it won’t affect most of us directly. It’s designed to prevent rug pulls by locking the subnet owners alpha for a set amount of time. This will prevent shady subnet owners from basically pumping and dumping subnets. The longer their alpha is locked, the more conviction they are awarded. Others can lock their alpha as well, and they can choose which hotkey to lock it to. And this is not yet confirmed, but if a hot key other than the owners gains more conviction, it could take over the subnet!

The idea is to incentivize long term conviction by subnet owners and to reduce the chance of a rug pull. Most subnet owners will be locking their alpha. I personally think it’s a good idea and might help with price stabilization and prevent bad actors from pump and dump schemes. Some say it’ll incentivize attackers to take over subnets and another concern is that it adds even more complexity to an already complex ecosystem. What does everyone else think?

Learn more here:

https://taodaily.io/bittensor-subnet-owners-on-conviction-we-asked-nine-theyre-mostly-locking/

https://docs.taostats.io/docs/conviction

u/Grogers92 — 8 days ago

Sad News for Buyers

I understand that the Bittensor community is feeling good with the price moving up, now well over $300. I’m new to Bittensor however, and am still very much trying to accumulate as much as possible. Most of my TAO purchases have been below $300, and it kind of bums me out that I might never have the opportunity to buy it for that cheap ever again.

But then again, if Bittensor ever even makes it to 50% of what I think it will be worth someday, it is still incredibly cheap right now. I think being able to buy it for less than $1000 is going to be seen as a hell of a deal someday. Any by that time, those of us smart enough to accumulate as much as possible now will be living a very good life, financially. Keep buying!

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u/Grogers92 — 11 days ago

Hey guys, just wanted to show you a subnet I’ve made some good gains on. Harnyx (SN 67). And look at the APY! Definitely something to consider for your next subnet rotation!

u/Grogers92 — 14 days ago

Okay, NOVA just EXPLODED out of nowhere. I was just holding some the other day. In fact, I’ve been in and out of NOVA a few times now, and I’ve lost money every time! I swear, as soon as I buy in it starts going down! Anybody else have that one subnet that just doesn’t seem to like you for some reason? 😂

But anyway I’m going to wait for it to dip and buy in yet again. This dude owes me some gains!

u/Grogers92 — 17 days ago

I love Bittensor. I’m only a couple months in and it is by far my favorite crypto investment. I love just about everything about it.

Investing in subnets is fun as hell. Seeing my actual TAO go up day by day is incredibly rewarding. My current subnet strategy is short term momentum trades, and it has done me pretty well so far. I think it’s great that you can invest into subnets, and make gains in multiple different ways.

I think the whole bittensor system is genius, and could very well lead AI innovation someday. I am incredibly bullish on TAO, and can’t wait to see what the future holds.

I’ll still keep my bitcoin, ethereum, and solana coins, but bittensor is definitely superior. I think it’s going to make a lot of people wealthy, just like bitcoin did.

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u/Grogers92 — 17 days ago