Today is the day lots of STEPN users have been waiting for. Finally, GMT earning has been enabled. I remember thinking about this already in June, but since then I have mostly just stopped thinking about it for several reasons.
First of all, I didn't expect it to come very soon. Well, it is here, earlier than I expected. But, the main reason might be the fact that it might be profitable right now with a nice GMT earner. But, in a while, I expect the selling pressure to cause the price to drop, which again will cause loss of money for those who spend a lot right now in order to get a GMT earner quickly.
So, I wouldn't really spend much money right now in order to get a GMT earner. I might be very wrong, but this is somehow what I expect.
If GST was unable to stand against the selling pressure as people earn it (we have seen it in all three realms), why will the GMT manage to resist the selling pressure as more and more people start to sell the token? I have a hard time seeing this.
Do you have a STEPN sneaker? Are you into GMT earning, or will you keep on with efficiency and GST earning, and maybe hope to make a profit from the mystery boxes (as it is hard to make any real profit from GST earning?!)
I would love to hear what you think about this! No matter what, I am still moving due to STEPN, so I guess that is a positive effect, even if I am still in a quite giant minus compared to my initial investment.
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good stuff
Hey, I have a pair of GMT earning shoes, seems to me like the emission rate is well controlled! Still figuring out which strategy to take now, hmm
Curious to see this. Upgrade a sneaker now from level 29 to 30, so will be able to start with GMT earning tomorrow, but I only have about 60 in Comfort value, so have a feeling I will do better making GST instead.
Is it so that you do not earn mystery boxes while GMT earning or is that just a temporary bug?
Just written a post on my gmt returns, you can check it out for reference? And yes, no mystery box drop is a bug, let’s hope the team sort it out soon!
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