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RE: What is Proof of Weak Hands 3D and Why are People Dumping Tons of Ethereum Into It? [cryptocurrency][powh3d]
Only the early entrants are the most benefitted here. Sounds much like the networking where the topmost earn the highest return.
I can't say for sure @rocksg because some have theorized that in POW3D, the "Hodlers" benefit more when many more people exit, giving them better returns which then causes some of those or others to return back in for the incentives of better rewards... but I am not so sure of all the mechanics to PoW3D.
Same for Fomo3D, yes the early ones benefited greatly and if still hodling still benefiting.... but Fomo also does pay some returns to those that "play" this weird game....but what starts to happen when a key that right now cost $3 dollars starts to cost $100 or $500 or maybe even $10,000 ? I believe these rewards will also go to those holders/playes that came later. Again, though not sure how all this will work workout....
But they are definitely Great experiments for Smart Contracts, Human Greed and Cryptocurrency/Blockchain Tech.
What do you suggest about the best time to enter in these projects? Are you planning to also or just happy with our steemit community? In the beginning I was a regular follower of yours and loved to read from you and learnt a lot of things by your posts. You were also quite impressed by my art and photographs. But as I can see you do not post much here and not have visited my blog since a long. What is going on these days my friend? Has life been tough to you? Although we have not met but by the connection of words and feelings, we can be healed if possible.
I don't suggest join any of these unless you understand what you are getting into and what can be the result in worse case scenarios.
But if you do jump in on these, of course early is always best... but like for instance ask about Amazon stock or Netflix stock.... both good companies and have made early stock investors rich.... is it still good time to buy these stocks... that will depend on a many things, including your risk aversion vs potential profits and many other things....no easy answer.
And everything is well @rocksg Thank you for asking. I have been more consistently on steemit recently.... it just sometimes depends on what is happening in my life. Sometimes too much work, or travel (none lately) or just spending more time with my family.
Anyhow, thanks for supporting and stopping by @rocksg
ps, there will be a new one of these coming out in about half a day called Fomo3d Short. Do not know details yet but they should be out soon. Take care my friend.