Good point here. I have invested a lot in DNotes at 0.25$/NOTE. I can't even sleep with the thought that it's already at 0.15$ level. Also, if I understand this correct, in a 5 year retirement program, will I get a bonus besides the monthly interest? And if I need the money let's stay 8 months from now, will I get any interest?
An enlightened and stimulating conversation continues building in this thread. Two short posts jumped at out me the last few pages.
Alfaalfa, take heart! I know exactly how you feel, because in my past, I used to get overly emotional about my investments. This is why I never made it in the hedge fund world in Chicago. As a deep believer in crypto, though, I've had to really try very hard to get over this mentality of fretting too much. ESPECIALLY because this is crypto. All coins, from bitcoin on down, are wildly volatile. So it takes a little bit of extra mental oomph to steel one's self against market movements. Buy the coins you really believe in, like DNotes. And then forget about them. Act as if those assets aren't there. So when volatile swings down happen, you less apt to care. Same when volatile swings upwards happen, you won't get caught up in euphoria.
Also recognize that humans are built a certain way, psychologically. We are care far, far more about losses, than equivalent gains. So you have to be extra vigilant about your mindset when the market is moving against you.
DNotes isn't designed for the pump and dump crowd, it doesn't ride the waves created by short term trends. It is a long play, and I'd urge you to treat it as such. It goes up a lot? No big deal. It goes down some? No big deal. Because over time, the long-term trajectory is potentially very great. And that is why we all hold. Don't worry about the short-term movements.
The new CRISP payout and staking reward in the DNotes 2.0 upgrade is meant to replace these. With a target of 4% combined and compounded interest, direct and permenant distribution from the blockchain. Interested to hear everyones thoughts on that.
Noticed nobody replied to this one, and certainly would be glad to share my thoughts because this is an important point to sound out.
To me, the monthly % returns were always rather ambitious. It's just so hard to consistently have liquidity to support such herculean compounding. I was never sure my 10 year CRISP would continue to pay out so heftily. And honestly, that doesn't really matter to me.
Because the awesome short term returns on offer served as a forcing function for me. Once the money is deposited, it either matures on the given timeline of the CRISP, or there is a liquidity event, like DNotes 2.0.
Either way, I'd earn some solid interest on my core holdings, and would be forced to hold it for the intermediate to long term. Regardless of whether the interest hits all the stated targets from years ago, I am very happy. Because I essentially backed myself into a corner, in a good way. I've never been tempted to sell, because I can't. And given the interest, don't want to, either.
And I think that has been good for everyone, since it has created an incentive for all DNotes hodlers to do just that: hodl. And I'd imagine such an incentive has helped the coin stabilize these past few years, for everyone.
I haven't had much time to get on here but I had to sign on to tell you mininghabit, that was very well written and I must say I totally believe in this process and has treated me very well. I've even have been trying to teach a buddy to do the same.
I also personally have believed for the last 3 years Dnotes is the most honest, inspired, intellectual, hard working team combined with a well thought out long term vision. I personally very much have believed for a long time, dnotes is a safe long term hold/buy