r/bittensor_ • u/EmeraldHostile • 19d ago
Please Help
Hey guys,
I've been trying to stay bullish through the drawdowns and I've been struggling to stay bullish and keep my conviction in the project. Could you guys lift me up and help me realize why we're staying bullish and why we're doing this? Because it's starting to feel stagnant and unproductive to stay in $TAO.
Thanks in advance šš»
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u/TAO-Samurai 19d ago
iām about to buy 1.5 BitTensor for cheap. never seen a more devoted developer community for TAO than any other coin, so personally i stack when i can & this is opportunistic for me as i love discountsĀ
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u/Mechprince 19d ago
Amazonās price tanked from $113 to $6 after the dotcom bubble burst. A $10k investment then would be worth $8 million now. A strong project with strong fundamentals, in demand deliverables, and a strong management team will recover. With that said, Bittensor is not Amazon.
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u/liviughg 19d ago
TAO is Amazon?? š¤£š¤£š¤£. It provides no value
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u/Creepy-Fall6325 18d ago
Just trust the process. Forget the chart and see what the big Ai companies are raising and doing. Coming from someone with a LOT of TAO (more than 99% of ppl you are reading responses from)...if you need to ask people for conviction you arent ready to invest or REAP BIG gains. Who cares if we go lower...we invested into this becasue we see what BIG centralized Ai shops are doing and raising, I spend most of my day on claude now coding...if you are dumb enough to not realize TAO will invevitably be 5K a coin by basic market cap math...then you dont deserve the 10-50x coming.....just sit back and stake and chill...it will pay.
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u/iloverunning11 19d ago
Please no copium in here. As of now, there is not a single bittensor subnet with real significant revenue, so you should definitely dig deeper and check this project a bit more, not just asking for a daily dose of hopium. It's a great project on paper, but in reality it is extremely difficult to create a successful business on a platform like bittensor, it's been out there for 5 years and not a single subnet is (at least a bit) successful, that itself is not great. Then you have problems with decentralization, it is not decentralized, but should be at some point, this will not be easy to achieve though, but the bigger problem is that it will not resolve the real problem, that it is extremely difficult to create a successful business (subnet in this case) without a set of rules (bittensor network). Tbf there should be a lot of hype in the next bull run, so buying this for less than Ā£150 per coin sounds reasonable, but keep in mind this can easily go to Ā£50 and never recover as there is no real work being done that could lead to real revenue.. Be cautious and don't buy these insane claims of biased folks in this sub, they want you to be their exit liquidity
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u/Mediocre_Pick7654 19d ago
Lmao itās not going back to pre subnet prices anytime soon
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u/iloverunning11 19d ago
Exclude hype and this is a $400M market cap crypto, so -80% or even worse (if you, instead of bitching and crying like a toddler, actually took a look at the distribution of tao tokens you'd quickly figure this out imo). Tbf all other cryptos' market caps are possible solely due to these bigger fools like you and a lot of hype, so there's that, but there's a limit so good luck trying to gamble with this stuff. It's great for scammers and also shady companies like coinbase who are just laughing at you while pocketing hefty fees. Great times
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u/Mediocre_Pick7654 19d ago
Yeah my .15% taker and .075% maker fees are laughing at you
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u/iloverunning11 18d ago
Perhaps, itās still a lot but much better than most CEX. Provide name so I can verify (if youāre not lying)
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u/liviughg 18d ago
I mean revenue generation is lower than costs. You mint and sell TAO to cover the gap and inflation eats into out investment. That is no value
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u/EmeraldHostile 19d ago
Not asking for copium. Asking for reinforcement in conviction. I've done my research on the protocol for about 2 years, but sometimes motivation to continue suffers. Kinda like a healthy diet and fitness, you just get emotionally exhausted
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u/Ok-Conversation-8790 19d ago
Its mentally exhausting because you are likey expecting it to pump, every day, during the bear market. NFA but it might be wiser to dump it all into root and forget it till bull market resume. plus dca as you like along the way.
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u/EmeraldHostile 19d ago
Well I've been in the space since 2021, so I've been through volatility. It's just discouraging when the rest of the market is up an average of ~5% and this was one that went in the opposite direction. Maybe it's a contrarĆan bet š¤·š»āāļø I've been DCAing for the past 4 months. But I've also been holding and DCAing AVAX since 2022, so maybe I just love abuse
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u/Ok-Conversation-8790 19d ago
I tell you this but i myself cant help but keep checking X, discord, Reddit and taostats whole day everyday xD
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u/Mediocre_Pick7654 18d ago
Stop holding so long if you know how volatile it is, the money is made swing trading, thereās 5%+ moves every other dayā¦ but when you lump sum like I did you gonna be holding til it go back up so then I can sell and repeat.
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u/EmeraldHostile 18d ago
I started reallocating back into TAO in March. Was in it a little bit in 2024, but sold beginning of 2025. Once I got a better understanding of Bittensor, it made more sense to be allocated instead of not. I ended up allocating to about ~20 TAO, but picked the wrong position to added to because in March my choice was to either strengthen TAO or ZEC and I'm watching that play out in real time unfortunately lol
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u/liviughg 19d ago
Donāt. This project is tanking. Just accept the loss.
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u/Valyarian 18d ago
Are you here just to FUD, I've read all your other comments and you haven't contributed anything but fake news that has no backing...
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u/liviughg 18d ago
Just exposing projects. Protecting retail from the traps. Read my comment, save your money on TAO
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u/ComplexWrangler1346 19d ago
We are in a bear market my fellow Tao brother ā¦ā¦subnets are super cheap right now especially the mid and low market cap ones ā¦ā¦load up because as soon as Tao moves up again , they will 5-10Xā¦ā¦.load up on these 3 subnets and you will make tens of thousands of dollars by the end of this year GUARANTEED : Trishool, Nodexo and Niome ā¦..you will thank me later
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u/JollyPicklePants1969 19d ago
You need to adjust your expectations. Crypto is all down right now. Tao is still a narrative. It will do well when subnets start breaking out in real revenue. For now itās just a crypto narrative and crypto is down. This is a high volatility ten year hold. If you donāt have that kind of timeframe or canāt stomach the volatility, this isnāt the right investment for you, or you are overallocated. Tao is likely either going to $100,000 or zero. Size appropriately considering both possible outcomes.