ATOM token opinion

[ak34]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

[_act_]

I prefer bitcoin most.

Among the coins that you mentioned, Atom is the one that I know that is less volatile. If you are looking for a store of value, Atom is good.

I have bought and hold osmosis before and I regret it. The APR was 21% but it is too volatile and reducing in value. It is around 10% APR now. Atom APR is around 18% and less volatile.

[Raflesia]

I think it is very reasonable when many argue that in this bitcointalk forum there are a lot of bitcoin maximalists but I myself do not want to say myself like that even though I really like bitcoin but I don't want to be said to be a bitcoin maximalist.
The altcoin you mentioned I have never invested there and IMO when you want to be there and hope to know the time period that must be done to be in altcoin to get profit then it will not be able to happen because we will not know what will happen in the future whether it will develop better or not but I can make sure in this case the altcoin you mentioned cannot be used as one that can be seeded for altoin investment.
It would be better to be in something that is certain if you really want to be in altcoins such as ETH than other altcoins but the main choice still has to be bitcoin.

[MAAManda]

are those still promising projects?

Although Cosmos (ATOM), Osmosis (OSMO), Injective Protocol (INJ), Band Protocol (BAND), THORChain (RUNE) and Secret (SCRT) have not performed well in terms of price recently, these projects are still among into the category that I consider to be a promising project. Honestly, I don't know all about developments there, but AFAIK, these projects already have real products and ecosystems.

The price of the $JUNO token is too volatile, you can see it directly on CMC, then, don't forget to check out the reviews of people on the $JUNO page on CMC, they are more bad than good reviews.

[rhomelmabini]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

I think ATOM has more future considering I've been with on their group of devs and they are dedicated to the future if Cosmos (ATOM). It's always good to hold long term and Cosmos has good fundamentals. I wonder why asking altcoins when you are saying you're become too close to be a Bitcoin maxi.

[ak34]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

I think ATOM has more future considering I've been with on their group of devs and they are dedicated to the future if Cosmos (ATOM). It's always good to hold long term and Cosmos has good fundamentals. I wonder why asking altcoins when you are saying you're become too close to be a Bitcoin maxi.

i started my journey in mid 2017 and burnt some of my money (participated in several icoS) , i lost some money due to not being actively researching and staying on top of the news , i didnt loose because of scams . for example i lost my zilliqa because they released main net and i didnt do swap timely , wax similar situation , some projects were eaten by competitors . lets say tezos was very appealing when released , but if we count in btc- lost profit , in us dollars - gained (if i kept money in btc - i would have 5x) etc
i was buying more tokens and btc during this years and seen atom shooting from $8 to over $40 during last bull run .
The reason i am asking : i have positions in this tokens (atom is my 2rd biggest bag after btc ) . i am thinking either convert everything to btc or keep it the way it is if those projects have hopes to perform well in the next bull run . usually if bitcoin does 3x - alts do 7-10x .

[asriloni]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain

i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

Some were still promising when the rests were not even worth to hold. If you can keep being patience waiting for those coins to go up and it's still worth to hold em. Keep in your mind to sell them all once bitcoin reaches another all-time high again, but none know when this will be going to happen. I remember that when thorchain got hacked. Keep in your mind that if some tokens like juno were not even worth to hold for long term. Thing may differ if you said that you are wanna gambling to the bullish trend after bitcoin halving.

Juno's daily trade volume was so small. How can i call it as a good token when it doesn't have a lot of demand right now? It has even less than 100k daily trade volume. Keep your good altcoins till another bull will come.

Holding BTC was good but if you were just a small shrimp and then you can't expect to farm a lot of money from your portfolio when bullish will come.
Anyone is now only accumulating altcoin as preparation once the bullish come in the future. We are in a very long time bearish trend. BTC has been bearish for more than 500 days which was a new record.

[@sriyan]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

If you have osmosis, you can stake it. Because there is a proposal to give an airdrop to osmosis stakes. As I remember it is Namada airdrop.  Also, there will be another few airdrops coming soon. I did not use other tokens.

Eg: Namada airdrop

[Tytanowy Janusz]

Although Cosmos (ATOM), Osmosis (OSMO), Injective Protocol (INJ), Band Protocol (BAND), THORChain (RUNE) and Secret (SCRT) have not performed well in terms of price recently, these projects are still among into the category that I consider to be a promising project. Honestly, I don't know all about developments there, but AFAIK, these projects already have real products and ecosystems.

yes, but who uses it for its intended purpose? I'm not talking about buying and staking, but about using it on a daily basis, just like using the Google browser. Because you need it and not because you are counting on speculative profits? Try to estimate this number. Divide $20 billion by it and you will probably come up with the fact that each real user is valued at $100,000 - $1 million to justify the capitalization of $20 billion that ATOM have. All the projects mentioned by the OP can easily drop by 90% and they won't even touch their proper valuation based on the product and the number of real users.

getting closer to be bitcoin maximalist

99% of altcoins will die sooner or later.

[MAAManda]

yes, but who uses it for its intended purpose? I'm not talking about buying and staking, but about using it on a daily basis, just like using the Google browser. Because you need it and not because you are counting on speculative profits? Try to estimate this number. Divide $20 billion by it and you will probably come up with the fact that each real user is valued at $100,000 - $1 million to justify the capitalization of $20 billion that ATOM have.

First of all, Cosmos (ATOM) has $2B in market cap and not $20B, then regarding the usefulness of the native token for its intended purpose I think Cosmos (ATOM) has that, we can see the real proof of that from their MC rating on CMC. People in crypto are not so stupid as to see which projects have value and which don't.

All the projects mentioned by the OP can easily drop by 90% and they won't even touch their proper valuation based on the product and the number of real users.

I agree but not in a short time (except $JUNO), other projects may slowly have their token prices fall along with progress on the crypto side, depending on whether the project follows the developments and hype that occurs or not.

[Xal0lex]

ATOM is quite popular in crypto hype, when the industry revives and a lot of new tokens start appearing on the Cosmos blockchain. Now that the market is in a bearish trend, big projects are also appearing on the Cosmos blockchain, but that doesn't really affect the value of ATOM itself, Osmosis, etc. I only see the value of this chain in the long run, during a bull run.

[Tytanowy Janusz]

then regarding the usefulness of the native token for its intended purpose I think Cosmos (ATOM) has that, we can see the real proof of that from their MC rating on CMC.

I don't know if I understood you correctly, but from what I read, you claim that ATOM has a use-case and the proof of this is the high valuation? How absurd. The high valuation results from temporary hype and not from usefulness.

People in crypto are not so stupid as to see which projects have value and which don't.

The community is that stupid. They end up putting their money into meme coins based on how funny their name is... so don't tell me that they are able to assess the usefulness and potential of a startup

I agree but not in a short time (except $JUNO), other projects may slowly have their token prices fall along with progress on the crypto side, depending on whether the project follows the developments and hype that occurs or not.

Wrong. Even if they will "follows the developments" then it doesn't change anything. There are 1000s of projects that have promised to deliver the same (smart contract, staking, lending, governments etc, faster than eth). Only 1 of them will become the new Facebook. The rest will drop to 0 regardless of whether they deliver the product or not.

[cryptoaddictchie]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

Atom is good and great for long term and its earning through validator staking. Plus the platform has expanded its network to a lot of dapps. While for me the one that seems interesting is the injective protocol. They got some good listing and trading volume on exchange and the supply is mostly circulated and still got low marketcap compared to their competition. If there will be a massive movement during bull market its probably this one.

[MAAManda]

then regarding the usefulness of the native token for its intended purpose I think Cosmos (ATOM) has that, we can see the real proof of that from their MC rating on CMC.

I don't know if I understood you correctly, but from what I read, you claim that ATOM has a use-case and the proof of this is the high valuation? How absurd. The high valuation results from temporary hype and not from usefulness.

Dafuq, are you a newbie on the crypto side? I'm not sure about that cause you have a high ranking on this forum, Cosmos (ATOM) is one of the old projects that has proven that they are able to survive until now. Of course, the sustainability they are currently experiencing is because their project is used by many people. I don't want to say more, their ranking on CMC proves it all.

[Tytanowy Janusz]

Dafuq, are you a newbie on the crypto side? I'm not sure about that cause you have a high ranking on this forum, Cosmos (ATOM) is one of the old projects that has proven that they are able to survive until now. Of course, the sustainability they are currently experiencing is because their project is used by many people. I don't want to say more, their ranking on CMC proves it all.

Oh my friend, you still have a long way to go. Crypto newbie comes to bitcointalk and creates a thread "what to buy to earn", a crypto pro comes and advises him projects like atom because they are old and proven in battle, a veteran with 6 years of experience in crypto, who has been making a living from investing for 7 years, comes and replies "don't buy anything, because 99% will fall to zero and even if you manage to hit that 1%, it will not bring profits adequate to the risk"

In 2019, there were also people like you who proposed investing in EOS, NEM, XLM, IOTA, NEO, ETC for the same reasons. They were all in top 20 CMC. Despite the fact that another 4 years have passed, and in 2019 we were at the bottom of the previous bear market, most of the mentioned projects are still in the red compared to the valuations from 2019 (all of them are in red in sats) and few people seem to remember them. It will be the same with bubbles like an atom (unless it is in the 1% of those that will not die immediately)

https://coinmarketcap.com/historical/20190210/

Little advice. a high valuation is a negative parameter when analyzing whether to invest in something or not. As an investor, you are looking for something that has great value and a low price, not something that has a high price and you assume that it must therefore have a high value, so you buy it and hope that the project will change the world, because only then will it justify the current valuation, detached from reality.

https://bitcointalk.org/index.php?topic=5208144.msg53299809#msg53299809 - this is how i analize crypto projects before investment.

[E came]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

I think ATOM coin is very good. Today price of this coin is 6 dollars. It is about 27% down compared to earlier. But if futures are talked about, it will surely go to 7-10$. For this I suggest ATOM coin.

[JunkieMiner]

As personally I like osmosis , as its price is no 0.32 and it is ranked as #331 as compared to its volume, it means many are trading it. It is very low than its listing price and its up price since from one year.

[goxcraft]

i was wondering on opinions for future of atom , osmosis , injective protocol , band protocol , juno , secret and thorchain
i am talking long term (couple years) is it worth it to hold , are those still promising projects ? ...reading different opinions ...getting closer to be bitcoin maximalist
thank you

The technology Atom provides is good, and it has a strong ecosystem. But what is lacking here is the utility of atoms in its ecosystem. The only use case for atoms is that users can stake their atoms and earn some reward. I do like the Atom Project but have no intention to hold its token because of its lack of proper utility. Osmosis, injective protocol, band protocol, juno, and secret have a big userbase, but they have their own limitations, and there are similar but better technologies in the market. Thorchain is different from all of these. It is working on something unique that will give him traction in the market.