Hex, the world's first CD on the blockchain:
Hex is one of the newest cryptocurrencies in the marketplace. It is one of the highest performing crypto currencies in the world. In the midst of a global pandemic, HEX has left skeptics, crypto-enthusiasts, investors and average people all over the world picking their jaws up off the floor. HEX has increased in value 101x from the time of writing this from it's low in a matter of months. Because it is a new cryptocurrency, it is possible that it could rapidly appreciate in value.
Let's do some quick math, should you be considering getting into HEX. Please acknowledge that nothing mentioned anywhere on this website should be considered financial advice. I'm simply providing you insight into my experiences and mentioning my opinions on HEX and it's potential place in the cryptocurrency space.
Say you were to buy $500 worth of HEX at ~$0.005 per HEX.
500/.005 = ~100000 HEX.
Now, imagine the price of 1 HEX coin reaches $0.50 and you decide to sell.
$0.50 x 100000 = ~ $50000. That's a 10,000x gain on $500!
Whether or not HEX will reach $0.50 remains to be seen. Anything in crypto is possible, including the possibility
Within 7 days, I 2x'd my investment.
MY STORY With HEX so far. 7+ days and counting.
1) Chart showing where I first entered into HEX.
The Adoption Amplifier Lobby, explained
The Hex Adoption Amplifier is one potential way to acquire and mint HEX. I will try to make the concept as simple as possible for anyone who may be trying to understand.
Essentially, the HEX adoption amplifer works as such:
Every day for the first 351 days of Hex's inception, HEX can be minted through the Adoption Amplifier Lobby.
There is approximately 500,000,000 HEX per day that is up for grabs. In order to take a piece of the 500,000,000 HEX available, a person would deposit any amount of Ethereum into the lobby. As more and more people put ethereum, that 500,000,000 HEX gets divided more and more. As the timer approaches 24 hours, the amount of ethereum deposited could be in the range of thousands to tens of thousands!
I will show you an image to help demonstrate how this appears.
2) Adoption Amplifier lobby with circles describing the meaning of each column
This picture essentially demonstrates how the Adoption Amplifer is displayed. I will decribe this in a list format from left column to right column.
1. Day: What you're seeing is the current day of the adoption amplifer at the top, with the previous days shown as you look lower.
2. HEX available: The amount of total HEX available for the day is displayed in the second column. the total ethereum for the day is in the third column. This number will be dynamic, meaning it will become less and less as more ethereum in the lobby continues to accumulate.
3. Total ETH: This is the amount of Ethereum in the lobby for the day. This changes by the second and is dependent on how much ETH gets deposited as a collective whole.
One thing to keep in mind is:
More ethereum in the AA = Less HEX per/Ethereum. So the less ethereum that goes in, the more hex you get. Simple, right?
4. HEX/ETH: This is the amount of HEX you'd receive should you input 1 Ethereum.
5. Closing: This is the amount of time left in a day in hours:minutes:seconds.
6. Your HEX: This is the amount of HEX you'll receive. This number will become finalized once the Adoption amplifier lobby closes for the day.
In general, the amount of Ethereum tends to increase more and more as Big Pay Day approaches. The amount of HEX available and the amount of HEX/ETH has been steadily declining. Time is running out!
I remember discovering bitcoin in 2009. It was about 1 penny at the time. I've seen the cryptocurrency space explode into a living, breathing and booming market. While I am not a time-traveler, I've seen cryptocurrencies go up and down in value for the past 11 years. In these 11 years, I've never seen anything that has given me a similar "opportunity of a lifetime" feeling like bitcoin did. Enter HEX...
I first got into Hex on ~4/21/2020 when I saw that the chart had shot up like a rocket ship with an insanely high level of fuel reserves. I was wanting to get in earlier, but since I was still figuring out how to get crypto on an actual wallet.
I had to take a leap of faith in order to understand how to actually do this. I've written a tutorial section on my page that is based on my experience. As an ethereum holder already, this process took me less than 10 minutes from start to finish to acquire hex. That being said, nothing everything I mention is based on my own experience and is not financial advice!
I couldn't help but be amazed that it kept going up and up and up. If you can see on the picture to the left of this text, you can see that there was a dump after my purchase. I was feeling wrecked for all of about 1 day. The next day, the price shot up like a rocket ship and has kept going up ever since.
Within 7 days, I 2x'd my investment. I could hardly believe my eyes. I've never made an investment that I've 2x'd in 7 days. This was an absolute first to me, and led to me becoming obsessed with HEX and what it could continue to do.
I do not know or pretend to know what the future holds, but I know that I went all-in on my initial hex investment. I am patient and optimistic that one day, HEX could increase 10,000x in value. That being said, it could go to zero just as well as it could go to any other potential value. I don't pretend to know what could happen, but HEX might be the opportunity that launches my finances to INFINITY and beyond!