MINAUSD trade ideas
MINA PROTOCOL IS THE BEST FUTURE PROJECT ON 2021 - 2022Hello guys,
Did you know Mina Protocol?
Mina Protocol is a minimal “succinct blockchain” built to curtail computational requirements in order to run DApps more efficiently. Mina has been described as the world's lightest blockchain since its size is designed to remain constant despite growth in usage.
This coin have bright future, with reason:
- blockchain unique only 22kb
- developer will continue build speed 1 million TPS.
- using dApps
- ETH 2.0 adoption SNARK MINA
- have ecosystem
- back in investor by Coinbase, Poly Chain, Andrew Keys etc and also angel investor by Naval Ravikant as one of the biggest investor Ethereum
- staking
- largest community
- listing on biggest exchange crypto in the world. and many more ..
Im very strong bullish with this project, is not to late for you all buy, averaging and hodl.
Invest MINA is like early investing on Link, DOT, Solana, EGLD UNI, Waves
My long Mina will reach $40 or more ..
Short term $4 - $5
Mid term $9 -$12
Base all advice above its only my research prespective NOT financial advice!
I hope you all doing for DYOR ! ;)
i accidentally posted my last mina ideas privately (Link down)Unfortunately I unknowingly uploaded my last posts as private - below I have attached the last post.
In the last post I explained that I have already established a larger position around $2 but have set extrem high limit orders in the $1.70-$1.20 range. When we broke the $1.20 down I set more to catch Wicks. The log chart showed absolute capitulation and I expected a strong bounce which happened.
Now we are in the situation that we are testing the lows again which for me is the perfect opportunity for a double bottom. My position is already expanded and Mina is 15% of my portfolio. In the case that I would not have any or not enough I would add now. Mina's short term price movements are of course dependent on BTC and ETH - I have explained my thoughts on my Twitter profile because I do not have enough space with a chart but will post a chart on fundings perhaps.
An interesting Fractle which we follow is the one of Uniswap at the launch and the beginning of the Defi bear market in 2020. The situation reminds me very much in which Mina is.At the top of the run or already in the sale launches a major project which as the market sinks have huge selling pressure (All tokens from the sale still 5x in profits/Uni tokens were free and therefore also in profit). Mina is for me a blockchain project which I see in the worst case in the top50 and due to the market situation probably also a little underperformed. In a progressing bull market I see a high probability that Mina will outperform many L1 Chains.
Last Post on June 18th:
Disclaimer: I am a big fan of the Mina Blockchain and am also running my own Node. (Not a TA play)
I was able to purchase some of my tokens at the Coinlist Sale for $0.25.
I first added to the position on June 8 at around 3.05$. Since the support loss at 2.80 three days later I am constantly adding to the position. Again Mina is testing the lows (I also bought huge here) but there is still room to the downside. In the short term, my maxpain scenario is around -40%. Double bottom formation around these levels would look beautiful to me as a long scenario.
Mina is already my third largest spot position, Iam ready to go but still have aggresive limit orders in the Range of 1.70$ - 1.20$ set.
What do you think about MINA? Looks goodAbout Mina Protocol
Mina Protocol is on a mission to give users full protection of database without the need to give up a lot of control to third parties. As Mina suggest on its website, in our daily lives we give up a lot of control of intimate data to large tech companies that use our online services. Why do you think you get random popup advertisements on your phone that actually match something that you have said out loud, or something you were thinking of buying?
However, even when people try to eliminate this exposure of data by participating in blockchains it is again inevitable not to include or trust third parties to verify transactions.
Mina was created for this exact purpose. In June 2017, O(1) Labs kicked off an ambitious new open source project to design a layer one protocol that could deliver on the original promise of blockchain—true decentralization, scale and security. Rather than apply brute computing force, Mina offers an elegant solution using advanced cryptography and recursive zk-SNARKs.
Mina finally launched its mainnet on March 23, where it can offer developers powerful applications like Snapps (SNARK-powered applications) to offer financial services without compromising data privacy and programmable money that anyone can access from their phones. And that’s just the beginning.
The network uses the proof-of-stake consensus with the main difference being that users do not need to have expensive hardware or wait days for the blockchain to sync, or use a ton of computing power to stake and participate in it.