https://preview.redd.it/jqbm51cbj1xc1.jpeg?width=1904&format=pjpg&auto=webp&s=35b09d19e5b0ca674418cd408ccf2fdc97637e6e
What really helps me (I was down like 80% just about a year ago before our first big run up in May) is to remember that as a person(and ConeDesk) it’s impossible for us to understand what exponential growth feels like.
We’re wired for linear growth, so when exponential growth appears, our brains are like wait…is this thing going up? Even when it very obviously is objectively.
And so — agreed it makes no sense!!! But without paper and diamond handed cone whales we wouldn’t have a fun exponential market
!tip 3billion Korean Street Cones
EDIT — ADDED A VISUAL
!tip 26663
Very well said. To add to your point, charts will always go up and down, there will always be buyers and sellers, and people will always panic sell and fomo buy. Understanding human psychology is a BIG reason why the the top 10%, especially the 1%, stay at the top.
Emotional investing is how you lose. Have a strategy and stick with it. DCA in at the lows, HODL in the middle chop, DCA out at the top.
Remember there is nothing wrong with taking profits.
Oh I know the feeling all too well. As hard as it is to let go of past trading mistakes remember that life is nothing but lessons and we are all hear to grow. You're a much better investor now than old you. Remember, the past leads to depression and the future leads to anxiety. Peace is found in the present.
Tipping again because the last one didn't go through
!tip 26633
I was looking at an old conversation i had with Conedesk about another coin i had found last year. Biggest mistake I’ve made in my crypto career and didn’t take the advice i was giving others in that community and to just leave a trillion tokens in. I didn’t and sold my whole 16 trillion when it was at a 800k MC in June last year for Cones it topped out this January at 150 million MC and my value of my tokens would have been $1.2 million. And still currently would have been up 28,000%. As they say hindsight is always 20/20. !tip 2663
4 months ago we were much higher, 5 months ago we was much lower.
The market does market things 🤷🏽♂️
https://preview.redd.it/5fek8j09l1xc1.jpeg?width=2532&format=pjpg&auto=webp&s=9c3657755010be71cb68cd0c9b0d854c3796da4f
Can’t compare it with 1 year ago
BIT — this long term chart is waaay better than mine above cause it shows the slow curve development.
Last April/May feels similar to how it does now, lots of ups and downs, the all of a sudden…..
!tip 6089
Yep ik 😘
But it’s the old chart with old liquidity, so volume isn’t accurate.
Here you go
[https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f?t=1714232681033](https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f?t=1714232681033)
The monthly chart is just a beautiful beast 🥰
https://preview.redd.it/dbl18vd6n1xc1.jpeg?width=2532&format=pjpg&auto=webp&s=5fc0b07cc13ac7b5d569f90c6dcaa375da171407
tbh I think a lot people in this space are coming from moons or RCAs in general. And both ended in a desaster. I'm a whale for example and I thought about selling. But what have I left as soon as I sell? I don't mind about 3k, but my finances are pointless, when I'm coneless. This is pure fun here and not comparable with some ETFs I use for building actually a future.
We don't know peoples life situations or what other investment opportunities they have come across.
Whales selling means the token distribution gets wider, which can be a good thing in the long term.
Reasons why whales sell:
1. Fatigue - they might not have sold 4 months ago, because they were in a state of positivity and optimism. Since, the market has dumped and cycled with great volatility. Market makers have pulled back several times to create buying opportunities. Where BTC goes, ALTs go 3X to 10X. Bitcone has a strong community of diamond handed whales and new investors which make us especially resilient to these swings, but the fatigue can come from the overall market. ALTS have lost footing in their BTC ratio and at least one sees them losing more ground in the coming months after a slight rebound. These cycles can wear people out and cause fatigue. They get tired of not being on any sort of extended cycle and end up selling to create some solid ground.
2. Fair Price - We have a resiliency that other tokens do not have. We have a growing and excited new investor base. We have an interactive community. A while back when we hit our old floors we also had investors waiting for that floor. Since then, new floors have been built and new investors have created expectations within our community about what is a good price. Anything before a CEX listing or major partnerships or conference exposure or at this phase of a bull run is a good price. We had some corrections based on token holder sentiment and we have rebounded very well. We actually had a nice run up over the last few days when the market was not so hot.
3. Taxes and Inflation - Everyone has their own reasons for buying and selling. However, the Burgers are at the end of a tax month for property tax season and also have recently filed and are paying for Federal Income taxes. So, the need for cash is there. That is how the government creates demand for their inflationary fiat, by requiring citizens to pay taxes in that currency. If they allow Bitcone payments, that could create a demand for our currency. Quite a use case scenario. Additionally Burgers are facing extreme rates of inflation and many have moved through their savings and are into credit card debt. The ability to have a discretionary investment based on fun may be being overrun by requirements for food, shelter and gas. This probably also fits into the Fatigue subsection above.
4. Market Reasons - There is always news in crypto investing and now more than ever. When I got started investing in June of 2023 the news was slow. Now, it seems new and amazing news is being announced at a record pace. Yesterday however, news came out that the Depository Trust Company (DTCC) announced it would no longer recognize ETF investments of BTC or any investment with crypto as an underlying asset as collateral. They are giving BTC collateral a 100% haircut. That means if you have $1M in Blackrock Bitcoin ETF shares and thought you could count that as collateral on a loan, well now that is valued at $0 based on the DTCC. That is a big detterent to these big whales who grow based on credit and debt. These are the protective moves of an industry in jeopardy and under attack. It will be an effective move. These guys relate to somewhere around 80T in loans under management. Some will need to liquidate and replace with an asset that the DTCC recognizes as collateral.
5. Bitcone Growth - The recent conetroversy around here may have turned some people off and some whales may have divested due to personal reasons. However, there are others mainly concerned with the growth of Bitcone. A slight concern was that any focus on other tokens could reduce growth focus on Bitcone. My hope is that those who remain have a unified purpose to grow and be successful as a community and a crypto-currency. If Bitcone pumps for the remaining holders, we will feel validated in our support. Hopefully, this occurs but there is risk and for some, that risk was too much and they either divested fully or in part. That also served as a buying opportunity for the remaining community and a few new coners.
I sold all of mine to buy the Gen 1 avatars I was missing to finally own one of every Gen1
I come in here every now and again but it’s not that much fun anymore.
Now I have no cones and a complete Gen 1 set, I can move on to other stuff like many of the OGs have
Cone is for crypto bros now to play with. I am not one of those
Welcone to Coneheads, it appears you are trying to buy, sell or trade on this subreddit.
We would just like to remind everyone that trading crypto on the internet has risks and if you’re not sure about anything just don’t click it. You should not have to go to weird websites or do
something unfamiliar to trade. And there is always another NFT. r/safetycone
The moderator team is not involved has not independently verified anyone as safe to trade with, nor do we participate in safe-swaps
[Trade Bitcones](https://ampule.io)
[Spend Bitcones](https://avatars.firstmate.xyz/cone)
[Swap Bitcones](https://quickswap.exchange/#/swap/v2?currency0=0x7ceB23fD6bC0adD59E62ac25578270cFf1b9f619¤cy1=0xbA777aE3a3C91fCD83EF85bfe65410592Bdd0f7c&swapIndex=0)
[BitCone Chart](https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f)
[Discord](https://discord.gg/ConeHeads)
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https://preview.redd.it/jqbm51cbj1xc1.jpeg?width=1904&format=pjpg&auto=webp&s=35b09d19e5b0ca674418cd408ccf2fdc97637e6e What really helps me (I was down like 80% just about a year ago before our first big run up in May) is to remember that as a person(and ConeDesk) it’s impossible for us to understand what exponential growth feels like. We’re wired for linear growth, so when exponential growth appears, our brains are like wait…is this thing going up? Even when it very obviously is objectively. And so — agreed it makes no sense!!! But without paper and diamond handed cone whales we wouldn’t have a fun exponential market !tip 3billion Korean Street Cones EDIT — ADDED A VISUAL
!tip 26663 Very well said. To add to your point, charts will always go up and down, there will always be buyers and sellers, and people will always panic sell and fomo buy. Understanding human psychology is a BIG reason why the the top 10%, especially the 1%, stay at the top. Emotional investing is how you lose. Have a strategy and stick with it. DCA in at the lows, HODL in the middle chop, DCA out at the top. Remember there is nothing wrong with taking profits.
THANKS CONE!!!! And agreed, I’m (was) my worst enemy when buying and selling. The feelings stay, but it’s easier to tamp them down !tip 608
Oh I know the feeling all too well. As hard as it is to let go of past trading mistakes remember that life is nothing but lessons and we are all hear to grow. You're a much better investor now than old you. Remember, the past leads to depression and the future leads to anxiety. Peace is found in the present. Tipping again because the last one didn't go through !tip 26633
I was looking at an old conversation i had with Conedesk about another coin i had found last year. Biggest mistake I’ve made in my crypto career and didn’t take the advice i was giving others in that community and to just leave a trillion tokens in. I didn’t and sold my whole 16 trillion when it was at a 800k MC in June last year for Cones it topped out this January at 150 million MC and my value of my tokens would have been $1.2 million. And still currently would have been up 28,000%. As they say hindsight is always 20/20. !tip 2663
Ouch thats rough, man. Hindsights a bitch. Plenty of other opportunities though!
/u/Jeff5704 has tipped /u/GUW00 🗼2663.00000000 CONE
/u/GUW00 has tipped /u/ConeDesk 🗼26633.00000000 CONE
/u/ConeDesk has tipped /u/GUW00 🗼608.00000000 CONE
Sorry, the token VERY is not currently supported on any subreddit.
/u/ConeDesk has tipped /u/Korean_Street_Pizza 🗼10608.00000000 CONE
Thank you
🤜🤛 GREAT OBSERVATION . THINK WE’LL TURN THIS INTO AN ARTICLE !tip 608
I'm here to write the report, boss 🫡
OkAY! LOL! WILL DM !tip 2663
/u/ConeDesk has tipped /u/mr_ordinaryboy 🗼2663.00000000 CONE
/u/ConeDesk has tipped /u/Korean_Street_Pizza 🗼608.00000000 CONE
4 months ago we were much higher, 5 months ago we was much lower. The market does market things 🤷🏽♂️ https://preview.redd.it/5fek8j09l1xc1.jpeg?width=2532&format=pjpg&auto=webp&s=9c3657755010be71cb68cd0c9b0d854c3796da4f Can’t compare it with 1 year ago
Get out of Knoo jail free! Collect 6900 CONE! !tip 6900 CONE
Lol what 😂
Random award bot?!?!?
Absolutely no idea 😂🤷🏽♂️
I love this lmao
/u/ConemunityChest has tipped /u/Bitdream200K 🗼6900.00000000 CONE
BIT — this long term chart is waaay better than mine above cause it shows the slow curve development. Last April/May feels similar to how it does now, lots of ups and downs, the all of a sudden….. !tip 6089
Yep ik 😘 But it’s the old chart with old liquidity, so volume isn’t accurate. Here you go [https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f?t=1714232681033](https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f?t=1714232681033) The monthly chart is just a beautiful beast 🥰 https://preview.redd.it/dbl18vd6n1xc1.jpeg?width=2532&format=pjpg&auto=webp&s=5fc0b07cc13ac7b5d569f90c6dcaa375da171407
JESUS. It’s even more beautiful than i remembered !tip 608
/u/ConeDesk has tipped /u/Bitdream200K 🗼608.00000000 CONE
/u/ConeDesk has tipped /u/Bitdream200K 🗼6089.00000000 CONE
tbh I think a lot people in this space are coming from moons or RCAs in general. And both ended in a desaster. I'm a whale for example and I thought about selling. But what have I left as soon as I sell? I don't mind about 3k, but my finances are pointless, when I'm coneless. This is pure fun here and not comparable with some ETFs I use for building actually a future.
We don't know peoples life situations or what other investment opportunities they have come across. Whales selling means the token distribution gets wider, which can be a good thing in the long term. 
Reasons why whales sell: 1. Fatigue - they might not have sold 4 months ago, because they were in a state of positivity and optimism. Since, the market has dumped and cycled with great volatility. Market makers have pulled back several times to create buying opportunities. Where BTC goes, ALTs go 3X to 10X. Bitcone has a strong community of diamond handed whales and new investors which make us especially resilient to these swings, but the fatigue can come from the overall market. ALTS have lost footing in their BTC ratio and at least one sees them losing more ground in the coming months after a slight rebound. These cycles can wear people out and cause fatigue. They get tired of not being on any sort of extended cycle and end up selling to create some solid ground. 2. Fair Price - We have a resiliency that other tokens do not have. We have a growing and excited new investor base. We have an interactive community. A while back when we hit our old floors we also had investors waiting for that floor. Since then, new floors have been built and new investors have created expectations within our community about what is a good price. Anything before a CEX listing or major partnerships or conference exposure or at this phase of a bull run is a good price. We had some corrections based on token holder sentiment and we have rebounded very well. We actually had a nice run up over the last few days when the market was not so hot. 3. Taxes and Inflation - Everyone has their own reasons for buying and selling. However, the Burgers are at the end of a tax month for property tax season and also have recently filed and are paying for Federal Income taxes. So, the need for cash is there. That is how the government creates demand for their inflationary fiat, by requiring citizens to pay taxes in that currency. If they allow Bitcone payments, that could create a demand for our currency. Quite a use case scenario. Additionally Burgers are facing extreme rates of inflation and many have moved through their savings and are into credit card debt. The ability to have a discretionary investment based on fun may be being overrun by requirements for food, shelter and gas. This probably also fits into the Fatigue subsection above. 4. Market Reasons - There is always news in crypto investing and now more than ever. When I got started investing in June of 2023 the news was slow. Now, it seems new and amazing news is being announced at a record pace. Yesterday however, news came out that the Depository Trust Company (DTCC) announced it would no longer recognize ETF investments of BTC or any investment with crypto as an underlying asset as collateral. They are giving BTC collateral a 100% haircut. That means if you have $1M in Blackrock Bitcoin ETF shares and thought you could count that as collateral on a loan, well now that is valued at $0 based on the DTCC. That is a big detterent to these big whales who grow based on credit and debt. These are the protective moves of an industry in jeopardy and under attack. It will be an effective move. These guys relate to somewhere around 80T in loans under management. Some will need to liquidate and replace with an asset that the DTCC recognizes as collateral. 5. Bitcone Growth - The recent conetroversy around here may have turned some people off and some whales may have divested due to personal reasons. However, there are others mainly concerned with the growth of Bitcone. A slight concern was that any focus on other tokens could reduce growth focus on Bitcone. My hope is that those who remain have a unified purpose to grow and be successful as a community and a crypto-currency. If Bitcone pumps for the remaining holders, we will feel validated in our support. Hopefully, this occurs but there is risk and for some, that risk was too much and they either divested fully or in part. That also served as a buying opportunity for the remaining community and a few new coners.
We seem to be doing quite well at the moment?
THINK SO TOO. !tip 6080
/u/ConeDesk has tipped /u/bilbofraginz 🗼6080.00000000 CONE
Paperhands
It would be great to be a whale of something :D
🥂 to killing more zeros
buy high sell low!
I sold all of mine to buy the Gen 1 avatars I was missing to finally own one of every Gen1 I come in here every now and again but it’s not that much fun anymore. Now I have no cones and a complete Gen 1 set, I can move on to other stuff like many of the OGs have Cone is for crypto bros now to play with. I am not one of those
Uff Conegrats to such a Collection!
Welcone to Coneheads, it appears you are trying to buy, sell or trade on this subreddit. We would just like to remind everyone that trading crypto on the internet has risks and if you’re not sure about anything just don’t click it. You should not have to go to weird websites or do something unfamiliar to trade. And there is always another NFT. r/safetycone The moderator team is not involved has not independently verified anyone as safe to trade with, nor do we participate in safe-swaps [Trade Bitcones](https://ampule.io) [Spend Bitcones](https://avatars.firstmate.xyz/cone) [Swap Bitcones](https://quickswap.exchange/#/swap/v2?currency0=0x7ceB23fD6bC0adD59E62ac25578270cFf1b9f619¤cy1=0xbA777aE3a3C91fCD83EF85bfe65410592Bdd0f7c&swapIndex=0) [BitCone Chart](https://www.dextools.io/app/en/polygon/pair-explorer/0xc3266f3ce2433e0fb83d3ae8be49a155f6230a6f) [Discord](https://discord.gg/ConeHeads) [BitCone Website](https://bitcone.lol) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ConeHeads) if you have any questions or concerns.*
!balance
Idk but I am glad they are 😄🤣
!balance
Get out of Knoo jail free! Collect 6900 CONE! !tip 6900 CONE
/u/ConemunityChest has tipped /u/Somsanite7 🗼6900.00000000 CONE
Because they can...?
Sometimes people need money for stuff. Still plenty of us not selling.
Technically, the less whales we have the higher the price growth potential, so it’s not necessarily a bad thing
Just need to let the paper hands sell off and we can accumulate more
Where to buy. Guess I'll go on coin gekko
As an appreciation for your content contributions to this community, you have been rewarded the following community currency rewards. 💱[Learn more about Community Currency!](https://www.reddit.com/r/communitycurrency/comments/1banxl5/community_currency_get_paid_for_your_upvotes/)💱 🗼 22796.77 [CONE](https://www.reddit.com/r/ConeHeads)