Tezos $XTZ | 1 Year HODL Experiment (Second Month)

Tezos $XTZ | 1 Year HODL Experiment (Second Month)

By Cryptolohy | cryptolohy101 | 3 Oct 2019


The 1 Year HODL experiment for Tezos enters it's second month, let's review the rules of the experiment.

 

What are the rules of the experiment?

  • Put fiat into Tezos every month.
  • Report on it every second day of the month.
  • Do not retrieve any money that is tagged on this experiment (I might have other Tezos holdings in the future that will not form part of this experiment, but if I report on a certain amount, I cannot withdraw those till one year later)
  • Try to learn as much as possible about the Tezos project.
  • Try to educate as many people about the Tezos project.
  • Try to engage as much as possible with the Tezos community.

 

Update #2

Movements so far

First Purchase: 4.83 USD = 4,540226 XTZ

Then I purchased 2.358961 Tezos at 2.47 USD

Some days later I converted some of my other alts into Tezos, ending up in a final balance of 10.455455 tezos

The price at the time of writing is 0.9485 usd, down from 1.05 USD at the time of the first purchase.

 

New things I have learned about Tezos

  • I have come to know about Tezbox, which is the type of wallet I have choosen to manage my Tezzies.
  • I have experienced with sending payments in two occasions, it has take it like 1 hour,each, one time sending with low fees, and one time sending with maximum fees, and still the same.
  • I learned about the breakaway of a group of senior engineers from tezos, so I suppose to get some free Dun tokens (havent check that out though)

 

How do I feel about the Tezos Project so Far? (Bullish/Bearish)

Honestly, so far I am not impressed by the Tezos project with regards to their governance system, since right at the start of the experiment, this social breakaway happend, so I am mildly bearish overall.

 

Thank you for reading this article! this blog is still growing and I am very grateful for every reader around here. Make sure to check out my LBRY account, I am uploading videos there (that I might advertise or not around here) If you join via my invitation link you get from 20 to 40 LBC for free. :)

 

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