Explore my portfolio mix. Follow to see how I invest!
Hello Guys a noob average joe trader here!! i have made a lot of mistakes lost a lot of money, made a lot as well learned things the hard way, improving my skills and analysis day by day follow me to learn from my experiences.
"Losing isn't failing, it's simply a step on the path to growth. Embrace the lessons, rise stronger, and know that every stumble shapes the champion within"
Big events up coming!! let's take a look at some of the good news and probably more incoming
1. Ceasefire of IndoPak war 2. Cut down on tariffs between Usa and China 3. Upcoming meeting between Russia and Ukraine may result in Ceasefire 4. Bitcoin Dominance going down a bit.
Notes: who made the most profits from this hike in BTC price people who were accumulating at lower prices
GMT, or STEPN (GMT), is the native governance token of the STEPN app, a popular move-to-earn Web3 lifestyle platform that rewards users for physical activity like walking, jogging, or running. Here’s a quick overview:
Key Features of GMT (STEPN)
1. Move-to-Earn Model: Users earn rewards in the form of GMT or GST (Green Satoshi Token) by being physically active, creating a blend of fitness and finance.
2. Dual Token System: STEPN uses two tokens – GST for in-app rewards and GMT for governance and premium features.
3. Utility: GMT can be used for:
Voting in governance proposals.
Accessing advanced in-app features.
Earning staking rewards.
4. Deflationary Design: GMT is burned (removed from circulation) through various in-app activities, like sneaker leveling, upgrades, and minting new NFTs, helping reduce supply over time.
5. Backed by Solana: Built on the Solana blockchain, known for its high speed and low transaction costs, ensuring seamless user experience.
6. Community-Driven Growth: The project emphasizes building a strong community with real-world impact, aligning with broader Web3 goals.
Risks and Challenges:
High dependency on user growth and app popularity.
Regulatory uncertainties around move-to-earn models.
Potential for economic imbalance if user growth slows.