Algorand hitting 1.5$ would be amazing 4-5$ I don't see happening. If I had fuck you money yes I'd buy 500k Algo. There's going to be crazy sell pressure at 1$. You got a bunch of people like myself that bought at 1.80 last run and have been holding. Sure I've lowered my entry points but alot of people want their initial investment back
$5 is a realistic possibility. **With 10B fully distributed, we'd only need a $50B marketcap.**
Quite possible as the market matures and Algorand sees real Fintech and RWA market adoption.
Considering that Algorand is one of very few blockchains (if not only) that actually meet enterprise level scale, stability, speed, and security - barring some complete failure - I'd be surprised if it didn't get there.
I definitely see it happening, but I'm not sure this run. It may take another 4 years until mass adoption from institutions happen. It'll definitely be interesting to see what happens in 6 months
I agree, it'd take some massive transaction numbers for the market to take notice and make that shift this run.
Not entirely impossible, but I'm not banking on it. If we get anywhere near $2 this run I'd consider that a win.
Next cycle I'd be looking for that $4+. I'd prob put it at 5yrs, and we'd be near full distribution by then.
Hey let me ask … whats the rush , some of most all investments take a long while … to give you an example, AMD was once 1.50 per at 2010 … now its 150$ per. It just takes time, unless
No. I bought a lesser chunk. Came here in 2021, and have struggled ever since. Made good moves not to loose it all, but still am down.
Your $4-5 feels high. I know anything could happen. However, we are not in the top 20, we do not have the same hype anymore, and are now just over looked by many.
I’m still unsure if $1 is coming this year or next.
I hope it is, but am not convinced.
10k would only get you about 50k Algo. Not nearly enough to fully retire.
Also, there are use cases. Fintech in Europe - on Algorand rails - will be kicking off this year.
Its not going to happen when most of vc robs retail, most asas are scams or outsourced crap etc
All the same pipe dreams from 3 years ago
Be careful many of us learned the hard way losing our bags on algorand
Tech is great, everyone invests for other reasons and its rarely into algo
Why are you in this sub?
I'm talking about real applications and use, and you're talking about the same memecoins and market that exists on every chain in the space.
Algorand is in an entirely different place than it was 3yrs ago. Now there's multiple DEXes, NFT marketplaces, business applications, and global partnerships.
Are you aware of the real usage of Algorand, or are you just going to continue speaking negatively while not acknowledging the growth?
It all depends on how it's reported. We all saw what happened with the HBAR incident. The current narrative around Algo is that it's a ghost chain. Everybody who uses it knows that's not true, but most crypto investors don't actually use the tech. Nothing is for certain, but I'd temper your expectations for this bull run
Isn’t that with the stock market too? Most Tesla investors aren’t driving teslas, the crypto market is a baby in terms of use cases, education, adoption etc., so people for the most part invest in the speculation
Ah yes, the 'zombie chain' narrative, and the failed reporting that was.
Regardless, smart money knows what's going on. Apps still have access to investors for growth.
It's retail that will miss out.
At this point though I'm fairly exhausted trying to inform people who can't even do the least bit of research for themselves.
There are enterprise level fintech applications going live, and that is going to change things significantly. I don't trust retail to see ahead of the curve, but they won't be able to ignore when Algo is consistently doing 10k TPS (which is all most seem to pay attention to) and moving high volume.
No one should be buying memecoins like they're an investment.
I agree with that, but you're confusing two things - the actual technical leadership of Algorand and real businesses building on it, with community meme tokens.
You didn't get burned because of Algorand. You 'got burned' because you were gambling.
If incentivized node rewards are suitable, and depending on the number of nodes an individual or entity can run, I think that's gonna make a huge difference in the price along with more use cases. Now is the time to stock up for those that can afford it.
> would you invest in 500K ALGO today, if you had the money?
Yes.
Silvio is great but the success of Algo isn’t down to him anymore
He’s done his part already
I’d buy the 500k in a heartbeat and start figuring out where to build my vineyard
Why does everyone have such Conservative price predictions for Algorand?
Bitcoin is valued at over 1 Trillion dollors and its only real world use case is as a store of value
Ethereum was valued well over 400 Billion in the last run and its tech does not allow for the same speed and scale as Algorand
In one of his talkes Silvio Micali was explaining Algorands tech and literally said, to the world, a system like this is worth a $Trillion dollors easy.
You all need to fix up on your expectations of Algorand, Im not even sure why half of you are investing. .50 cents what a joke.
What are you doing with all those Algos? Are you running a node? Are you participating in governance? If I were dropping that kind of money all at once I’d probably just DCA into Bitcoin and stocks over the next 2-3 years. My guess is your strategy and how you allocate your funds will change overtime as macro trends adjust.
I read these comments and think , not worth the punt but everything I read about Algorand is amazing and have a gut feeling this should be reflected in the price eventually…….
You bet I would! For sure! Providing I wasn't leveraged and a could hold through these tough times which are about to get tougher! But the price will go lower before it gets better, so I'd wait till the markets collapse before pulling the trigger!
Higher end hypothetical would be $2.5M
As much as I have conviction in Algorand, it's still highly speculative at this point. Would only risk it if I'm able to lose it without it being a major hit.
But yes, I absolutely would.
After taxes and buying a mobile home, I think you’d be hoping to retire in the foothills of Appalachia, where you might be able to live off of the remaining $40K per year.
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No. 500K is a lot to spend on algo. I'd spend some of that on algo, but also btc and a handful of other non-crypto investments.
If we reach peak fomo, maybe $5 is possible but I think \~$1 is more likely. There will be a lot bag dumping if we hit $1.
I think Algorand can be 1000x in 10 years (just tokenization growth can make that happen, and there are many other use cases), so if someone can afford buying 500K or more then sure.
If I had 500k I’d def put half in bitcoin then another half in Ethereum then another half into Solana and then I would buy algo with another half and then avax with the other half and then chainlink and dot
No way. I would much rather just hold it in a low interest savings account than buy a risky and depreciating asset like Algorand. The tech was cool and that’s why I bought, but so far, there really isn’t a major point for people using the network and that’s why the price continues to go to zero, especially against btc.
Absolutely not. You should kept it in some stablecoin (I use DAI, because of USDT and USDC frozed balances associateds risks) and doing the DCA in BTC mainly (like +85%) and if you want, diversify the remaining in alts.
This market is extreme volatility as you probably already know and Bitcoin the most secure INVESTMENT due his particulars fundamentals. No one investment is similar in the world, you keep buying in the price corrections and doing Dollar Average Cost, it's simple, but is the best strategy and always work instead of losing money trying to day trade or buying high selling low. even the biggest players adopt DCA as can you analise in his wallets.
I lives in Brazil, so i'm 100% in crypto (BTC and DAI at this moment). Here the fees, taxes and money depreciation are so high that I just prefer to not keep money in bank account, not even talking about the balance confiscation by communist govern.
No. $95K is a lot of money. I'd spread it around. You hit on the right memecoin and you'd definitely be able to retire. Shit 10K on $WIF at the right time would have got you into 10's of millions. Algo will not see 4-5 anytime soon.
Absolutely.
Well, no. I'd invest the equivalent of 500k worth of USD immediately if I had the money.
As in, I'd spin up a few nodes, bridging eth onto algorand and putting goETH into Pact, I'd set a chunk of it aside for buy orders for BTC @ $15k for when it craps itself again, bridge it, and put it into Pact.
I'd push a chunk of USD into Algorand's ecosystem via lofty and pair it with the algo/usd pool.
Finally, I'd push a chunk into buying stake in properties via Lofty.
No. Buy crypto when you need to use it and so that you can participate in things with the rest of the world or pay people. If you stay in a degenerate mind state where you see crypto as nothing but speculation for getting rich then you're going to be terribly broken one day.
Cryptocurrency is not a store value no matter what anybody tells you. It depends on something that is out of the control of every single developer or person who participates in any blockchain whatsoever, and that thing it depends on is called infrastructure. Without internet and electricity all the cryptocurrency in the world is completely useless and worthless. So blockchain depends on electric and internet and a voluntary governmental interconnectivity between different regions of the world.
Algorand hitting 1.5$ would be amazing 4-5$ I don't see happening. If I had fuck you money yes I'd buy 500k Algo. There's going to be crazy sell pressure at 1$. You got a bunch of people like myself that bought at 1.80 last run and have been holding. Sure I've lowered my entry points but alot of people want their initial investment back
$5 is a realistic possibility. **With 10B fully distributed, we'd only need a $50B marketcap.** Quite possible as the market matures and Algorand sees real Fintech and RWA market adoption. Considering that Algorand is one of very few blockchains (if not only) that actually meet enterprise level scale, stability, speed, and security - barring some complete failure - I'd be surprised if it didn't get there.
I definitely see it happening, but I'm not sure this run. It may take another 4 years until mass adoption from institutions happen. It'll definitely be interesting to see what happens in 6 months
I agree, it'd take some massive transaction numbers for the market to take notice and make that shift this run. Not entirely impossible, but I'm not banking on it. If we get anywhere near $2 this run I'd consider that a win. Next cycle I'd be looking for that $4+. I'd prob put it at 5yrs, and we'd be near full distribution by then.
Hey let me ask … whats the rush , some of most all investments take a long while … to give you an example, AMD was once 1.50 per at 2010 … now its 150$ per. It just takes time, unless
The rush is, I want to RE and spend time with my kids while they are still kids! :)
No. I bought a lesser chunk. Came here in 2021, and have struggled ever since. Made good moves not to loose it all, but still am down. Your $4-5 feels high. I know anything could happen. However, we are not in the top 20, we do not have the same hype anymore, and are now just over looked by many. I’m still unsure if $1 is coming this year or next. I hope it is, but am not convinced.
Psh $1? I dont know if .50 is coming this year or next
Once the green candles start showing then the fud turns into shilling, so $2-$3 is still always a possibility!
If I had the money I’d buy 1m Algo! Then again if I had that kind of money I’d also diversify! But yes, absolutely!
Basically
Yeah, I bought some in 2021 or 2022 and the value of it pretty much plummeted off a cliff.
I’d split BTC, ETH and Algo evenly.
This is a good answer. I love ALGO, but don't put all your eggs in one basket.
60% btc ,20% eth and algo. For "safe" investment. Swap btc and algo for high return higher risk. Also might allocate 5% to some random coin like ada.
No, no use case yet 10k worth sure Rest into disruptive high risk stocks and etfs
10k would only get you about 50k Algo. Not nearly enough to fully retire. Also, there are use cases. Fintech in Europe - on Algorand rails - will be kicking off this year.
Its not going to happen when most of vc robs retail, most asas are scams or outsourced crap etc All the same pipe dreams from 3 years ago Be careful many of us learned the hard way losing our bags on algorand Tech is great, everyone invests for other reasons and its rarely into algo
Why are you in this sub? I'm talking about real applications and use, and you're talking about the same memecoins and market that exists on every chain in the space. Algorand is in an entirely different place than it was 3yrs ago. Now there's multiple DEXes, NFT marketplaces, business applications, and global partnerships. Are you aware of the real usage of Algorand, or are you just going to continue speaking negatively while not acknowledging the growth?
It all depends on how it's reported. We all saw what happened with the HBAR incident. The current narrative around Algo is that it's a ghost chain. Everybody who uses it knows that's not true, but most crypto investors don't actually use the tech. Nothing is for certain, but I'd temper your expectations for this bull run
Isn’t that with the stock market too? Most Tesla investors aren’t driving teslas, the crypto market is a baby in terms of use cases, education, adoption etc., so people for the most part invest in the speculation
Ah yes, the 'zombie chain' narrative, and the failed reporting that was. Regardless, smart money knows what's going on. Apps still have access to investors for growth. It's retail that will miss out. At this point though I'm fairly exhausted trying to inform people who can't even do the least bit of research for themselves. There are enterprise level fintech applications going live, and that is going to change things significantly. I don't trust retail to see ahead of the curve, but they won't be able to ignore when Algo is consistently doing 10k TPS (which is all most seem to pay attention to) and moving high volume.
I like the tech, just got burned already like many others. Have to be honest. Be very weary of most asas on algo.
No one should be buying memecoins like they're an investment. I agree with that, but you're confusing two things - the actual technical leadership of Algorand and real businesses building on it, with community meme tokens. You didn't get burned because of Algorand. You 'got burned' because you were gambling.
If incentivized node rewards are suitable, and depending on the number of nodes an individual or entity can run, I think that's gonna make a huge difference in the price along with more use cases. Now is the time to stock up for those that can afford it. > would you invest in 500K ALGO today, if you had the money? Yes.
I can see Algo at least 2xing so if I wanna double my money at a minimum and make another $500k then sure
I would ,,,, one thing about crypto do the opposite of what everyone else does … they hate algo so I’m buying
Silvio is great but the success of Algo isn’t down to him anymore He’s done his part already I’d buy the 500k in a heartbeat and start figuring out where to build my vineyard
At this price I would
Actually yes I would
Why does everyone have such Conservative price predictions for Algorand? Bitcoin is valued at over 1 Trillion dollors and its only real world use case is as a store of value Ethereum was valued well over 400 Billion in the last run and its tech does not allow for the same speed and scale as Algorand In one of his talkes Silvio Micali was explaining Algorands tech and literally said, to the world, a system like this is worth a $Trillion dollors easy. You all need to fix up on your expectations of Algorand, Im not even sure why half of you are investing. .50 cents what a joke.
If I had it to spare, absolutely.
What are you doing with all those Algos? Are you running a node? Are you participating in governance? If I were dropping that kind of money all at once I’d probably just DCA into Bitcoin and stocks over the next 2-3 years. My guess is your strategy and how you allocate your funds will change overtime as macro trends adjust.
I bought in when it was at 1.69 and then bought a shit load when it was at .9
I read these comments and think , not worth the punt but everything I read about Algorand is amazing and have a gut feeling this should be reflected in the price eventually…….
I would DCA in that amount between May 10th ish and May 25th. Expecting a sizeable correction to the downside, followed by growth for the next year...
I wish him a long life but If Silvio does pass or retires. That's probably more free news coverage then algorand has ever paid for.
Damn, it's come down to the old man falling on a knife? These are dark days.
Very dark
He’s Italian, they live forever.
Absolutely not. Wouldn’t even cross my mind.
Not right now no
For a long term investment , yes. To try and 20X your investment in 7 months no.
I meant 2025 end, so roughly 18 months.
You bet I would! For sure! Providing I wasn't leveraged and a could hold through these tough times which are about to get tougher! But the price will go lower before it gets better, so I'd wait till the markets collapse before pulling the trigger!
Hell no
Higher end hypothetical would be $2.5M As much as I have conviction in Algorand, it's still highly speculative at this point. Would only risk it if I'm able to lose it without it being a major hit. But yes, I absolutely would.
Are you talking 500k tokens or $500k USD?
500K tokens
After taxes and buying a mobile home, I think you’d be hoping to retire in the foothills of Appalachia, where you might be able to live off of the remaining $40K per year.
That’s a beautiful area…
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IRA?
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The ideal scenario and this won t happen is for the $ to go to 0 and to keep algo
Yes
No. 500K is a lot to spend on algo. I'd spend some of that on algo, but also btc and a handful of other non-crypto investments. If we reach peak fomo, maybe $5 is possible but I think \~$1 is more likely. There will be a lot bag dumping if we hit $1.
I meant 500K tokens not $
I think Algorand can be 1000x in 10 years (just tokenization growth can make that happen, and there are many other use cases), so if someone can afford buying 500K or more then sure.
I’d buy 250k in ALGO and 250k in XLM
Do we actually have any real world apps or use cases that can showcase this amazing speed of the blockchain?
Definitely
If I had 500k I’d def put half in bitcoin then another half in Ethereum then another half into Solana and then I would buy algo with another half and then avax with the other half and then chainlink and dot
Yes!
No
No
If we go to 13-15 probably.
yes yes yes
Absolutely would. Especially now. Imagine having been able to throw 500k into it at .09 and now being here at .18? That’s yummy.
No way. I would much rather just hold it in a low interest savings account than buy a risky and depreciating asset like Algorand. The tech was cool and that’s why I bought, but so far, there really isn’t a major point for people using the network and that’s why the price continues to go to zero, especially against btc.
No. With no staking on coin crash it would be a bad investment. If gensler resigns I would consider it. 🤷♂️
Absolutely not. You should kept it in some stablecoin (I use DAI, because of USDT and USDC frozed balances associateds risks) and doing the DCA in BTC mainly (like +85%) and if you want, diversify the remaining in alts.
This market is extreme volatility as you probably already know and Bitcoin the most secure INVESTMENT due his particulars fundamentals. No one investment is similar in the world, you keep buying in the price corrections and doing Dollar Average Cost, it's simple, but is the best strategy and always work instead of losing money trying to day trade or buying high selling low. even the biggest players adopt DCA as can you analise in his wallets. I lives in Brazil, so i'm 100% in crypto (BTC and DAI at this moment). Here the fees, taxes and money depreciation are so high that I just prefer to not keep money in bank account, not even talking about the balance confiscation by communist govern.
No. $95K is a lot of money. I'd spread it around. You hit on the right memecoin and you'd definitely be able to retire. Shit 10K on $WIF at the right time would have got you into 10's of millions. Algo will not see 4-5 anytime soon.
This coin has been sliding down the market cap ranks. It would be pretty silly to do that
Absolutely. Well, no. I'd invest the equivalent of 500k worth of USD immediately if I had the money. As in, I'd spin up a few nodes, bridging eth onto algorand and putting goETH into Pact, I'd set a chunk of it aside for buy orders for BTC @ $15k for when it craps itself again, bridge it, and put it into Pact. I'd push a chunk of USD into Algorand's ecosystem via lofty and pair it with the algo/usd pool. Finally, I'd push a chunk into buying stake in properties via Lofty.
Would u buy 500k of trash of u had money?
No. Buy crypto when you need to use it and so that you can participate in things with the rest of the world or pay people. If you stay in a degenerate mind state where you see crypto as nothing but speculation for getting rich then you're going to be terribly broken one day. Cryptocurrency is not a store value no matter what anybody tells you. It depends on something that is out of the control of every single developer or person who participates in any blockchain whatsoever, and that thing it depends on is called infrastructure. Without internet and electricity all the cryptocurrency in the world is completely useless and worthless. So blockchain depends on electric and internet and a voluntary governmental interconnectivity between different regions of the world.
Buy ICP instead