Founder Message, chat muted for no more than 24 hours. See rec | Glimpse

Founder Message, chat muted for no more than 24 hours. See recent pinned messages for latest information!
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Is the market down? I guess if you first bought into ETH at $40 and BTC at $600 in 2016 and just checked the price for the first time the market is extremely up.

Regardless of the investment, whether a stable index fund or the most volatile asset class in the world, you should be dollar cost averaging. A small portion of every paycheck will normally pay off much more that buying in all at once at the current price. Huge dips, huge rips - it’s all part of it. Every year we see it multiple times, it’s always been this way. For me personally, I learned about BTC when the New York Times - one of the most prominent newspapers in the USA declared Bitcoin dead after crashing to $80. Since learning about Bitcoin, they’ve declared it dead about 10x more times. Good investments take time, and I’m not just talking about GLMS. The price today of any coin, investment, security etc. you follow is not what’s important. What’s important is finding projects and investments that have the potential to change the world for the better, that you believe in. Long term, and yes I’m talking years here - great companies and projects always shine through. Amazon dipped nearly 90% after its public IPO, Apples cofounder Ronald Wayne sold his 10% percent of shares for $800 that would be worth hundreds of billions today. No matter what you’re in - only risk what you’re willing to lose, DCA where possible, and sit back and relax. This is my suggestion for anyone in the space.

That being said, decentralized social media will absolutely change the world - and it’s inevitable. We’re working toward it each day, and we’ve been betting on our own success through consistent buy backs of the GLMS token over the last few weeks. 2022 will be an exciting years for projects with true potential - and we are looking forward to our official launch!

-Teddy