What nodes to put in November-December 2022? And a little bit of psychology.
The end of November 2022, the market has calmed down a bit after the bankruptcy of the FTX exchange. Bitcoin is trading around $16,000, some are expecting it at $10,000, and some are waiting for a bounce to $30,000. Well, as always in principle.
Crypto exchanges and projects think how to survive in new realities, publish various reports, that they are doing well and can be trusted.
Everyone is frightened by regulation of the crypto space. And probably for a good reason.
Most of the market participants (you and me), are already getting tired of all these events. At least, I am for sure. But I think this is not the end. I think that at best half a year, or even a year we are still crawling along the bottom. Maybe with a renewal of lows.
And in this “troubled times” we should not stop. Although many will do it, not now, in six months, but they will. After all, no one likes to do something that is not profitable (and sometimes even leads to minus, or zeroed out). And when many will leave this market, you can count on the beginning of a U-turn.
For myself, I see this as a time of opportunity. There will be less competition, which means it will be easier to break through to awards for early entrants. The main thing, no matter what, is to keep working every day, do as much activity as possible and not inflate your expectations for the work done.
My approach to participation in testnet and airdrop is as follows — do as much as possible, get as little as possible. And it is not about having time to get into all projects, for the tick. It’s not physically possible, and psychologically you’ll have a lot of frustration when some obscure project hands out an award and you never have time to get into it. And you won’t make it anyway, because it’s not realistic to keep up with all the projects.
The point is exactly to learn how to select the best projects (at least in your opinion) and participate in them from start to finish. Usually the process of starting a project takes from half a year to two or three years. That is, you should build your expectations, at least for this period of time. Monitor the news and activities on a daily basis and do everything you can.
Of course, monitor the market for the appearance of a new pearl. The approach to it is exactly the same as I described above.
You also need to learn. I’m doing it myself, and it helps me a lot when working with nodes. Get yourself a programming tutor, learn Linux, Bash, Docker, Git. It’s a basic start that you just need to know for novice nodrunners.
Learn English, it’s one of the most important parameters. I plan to tackle this too in the near future.
And the most important thing — even if you went to work in physical world to stabilize your financial situation, do not leave crypto, work in the evenings, I am sure it will bring you results (in some years).
And I, in turn, want to share with you projects, in the testnetas of which I personally take part and, in my opinion, these are the most interesting projects at the moment.
These are five projects: Aleo, Anoma, Celestia, Subspace Network and Sui. For your convenience, I recorded a short video review of these projects on my YouTube channel.
Also, I gathered all the most interesting and important information about them in one Excel file, which you can download in my Telegram channel. There you will find all the official links to the projects, information about investors and investments, the project team, Twitter subscribers, as well as GitHub.
I wish you not to lose heart, remember one thing — if you suffer a long time, something will work out. So, let’s work hard now, to work less later.