My #Mina Investment Journey

How are you all my friends? Welcome to you all! Hope everyone is well. In this strange time, I want to share a small story where I have made my own investment style and new decisions. Have you ever thought, should we take risks in a new token, or is it safe to stay in the old place of trust? Today's story starts with this thought.

Recently, I decided to do something new in my small investments. For some time now, I have been investing in small amounts in different tokens, which teaches me how to judge market fluctuations, technology and potential. In that vein, I deposited about 109 Steem from my Steem account and invested the entire amount in the #mina (#mina protocol) token.

Why #mina? #mina is a lightweight and scalable blockchain platform. It allows users to participate with fewer resources and less energy. Investing in such a technology-based project seemed interesting to me, because it is not just a one-day trend, but can have long-term use. Additionally, #mina has a circulating supply of around 1.25 billion and a medium-sized market cap—this allows for some risk control.

I bought #mina for 15 cents per token. The current market price of this token is trading in a range of around US$0.20 on Binance. I have given the range here rather than the specific latest price, as prices in the crypto market change by the second. This way, I want to make sure that the information is accurate and in line with the current market.

I plan to hold #mina for the medium/long term, not for a day. I will see how its policy, technology, and user acceptance progress. If there is good news—such as a major partnership, technical update, or increased staking opportunities—I may gradually increase. However, I will plan to have a stop-loss to sell if the market dips too low.

Finally, I actually have a query for you: Do you watch? Is it affordable to take part in this type of undertaking now? Is it possible to get proper returns via watching for time, or is the threat excessive? In my experience, there may be capacity; however warning is important. It is essential to do your personal studies earlier than investing.

This is my story of #mina, why I chose it, how much I bought it for, and what my plans are. I hope you enjoy reading it and maybe get some ideas for your own investments.

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