Automating the Sale of STORJ – Is It Worth It?

Node Operators
1

I’ve been wondering what’s happening in the crypto market lately. Over the past few weeks we’ve seen a small spike in Storj. To jump 45 %, there must be whales buying the token, or could it be an event driven by Inveniam ?

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However, looking at the longer term, it seems we’re losing value by holding Storj. It also appears that many people sell it as soon as they receive it. I’m curious about your thoughts on the optimal strategy: should we sell immediately after receiving the tokens, or hold them despite their low price? My goal isn’t speculation, I just want to avoid a 50 % loss by holding onto it.

2

Holding expecting better price is the definition of speculation.

Sell immediately.

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3

Did anyone else say “sell immediately” yet? Because you should sell immediately. Make it a game: see if you can sell it within 5 minutes of finding out you received your monthly payout.

The token isn’t linked to the profitability of Inveniam - it’s just a tool. Use it to put real money in your pocket.

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4

I set up notifications on Etherscan and just sell as fast as I can after receiving them.

There is no optimal strategy to maximize gains. Best you can do in the face of uncertainty is to minimize the losses between what Storj has calculated and what you are able to sell for by doing so quickly.

You can definitely set up automated swaps through contract calls to 1inch/uniswap/etc as soon as you receive the tokens.

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5

If every node holder holds and sells at 1 usd or more, the storj coin will go to 1 usd, very simple.

6

This is backwards: price is set by buyers’ bids, so you can list at $1 forever and it will still trade at ~$0.15 until buyers are actually bidding $1.

If you are suggesting price fixing—coordinated sellers trying to set a floor— markets won’t care: without $1 buyers it becomes zero liquidity and no trades at $1.

Token is not an investment vehicle, stop treating it as such. If you want to gamble – there are better things to gamble on than storj token.

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7

Price is also set by marketmakers.

There will always be buyers, and Storj has to buy storj coins to pay the node holders.

I see node holders as miners. Ofcourse you can sell it quickly, but why selling for a couple of dollars ? Hold as many Storj if you can and maybe you are very lucky in the future.
more chance then the lotery i gues. :grinning_face:

8

No. “Miners” secure a blockchain by producing/validating blocks. Node operators provide storage + bandwidth and get paid for a service. Conflating those two is why your price/demand logic is backwards. Read the docs.

I you want to gamble why are you only discussing selling payouts? Buy $100k worth of tokens, hold, and then sell. Why not?

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9

i know that, i said, i see it as miners.
if you want to sell it, sell it as quickly as you can.
I hold, then you know that

10

Cool, then we agree: you hold, others sell. End of story.

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11

yes, like the guy who bought one piza for 1000 bitcoins

12

Dude.

At the time, that pizza was exactly what BTC was worth. Hindsight doesn’t make it a mistake.

And you’re still missing the point: STORJ isn’t BTC and doesn’t have a built-in demand/monetary story. It’s a payment token for a storage service.

Holding only makes sense if you can articulate why future buyers will pay more. “Maybe I’ll get lucky” isn’t an investment strategy.

13

i only say that a few dollars will not make you rich by selling those storj coins very quickly.
and if it will be less in future you supported the Storj company with the nodes.
i just can not understand why some people freek out if they can get a few usd
But on the other side i can’t see how hard they need those dollars.

14

I’m not sure what are you saying.

  1. Running nodes is not indented to make anyone rich. It’s intended to prevent idle already online capacity from going to waste. Even if it paid $0 it would have still been net positive to run a storage node. Do I need to elaborate?
  2. Nobody freaks out. The stakes are super low.
  3. Occasionally people with mining mentality come here thinking this is some kind of get-rich-quick speculative “crypto” project. It’s not. Token is not an investment. I’m sure at some point token will be silently and quietly retired from the process because it has served its original purpose – converting the aforementioned wild speculation on the future into cash to bootstrap the company. But customers pay for storage in fiat. There is no room nor need for a volatile token anymore. Storj won’t acknowledge that, but it’s pretty obvious. It now carries the symbolic value – look, we are cool Web3.0 company and something something crypto. Because it’s’ cool. Im sure they’ll add “AI” into the mix. (Oh wait…). .com story all over again.

So, holding the token is very unwise. There is no expectation of future value, and therefore you want to get rid of this hot potato as soon as you get it. It’s poisoned. Don’t hold on to it. That’s it.

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15

i pay storj with storj coins, so not all costumers pay with fiat.
Paying with storj coins give you advantage in stead of paying with fiat.
i notice some people here don’t want the storj coin anymore for some reason and they don’t respect the traders in some way, because storj is not a financial coin.
That can be, but we will see in future what happens.
anyway the coin will stay, that was made very clear in another forum

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16

"I pay with STORJ” means you sold fiat for STORJ earlier. You still paid in fiat, you just added slippage and tax paperwork in the middle.

Your storagenode compensation is also priced in fiat, if you haven’t noticed…and you’re still taking token price risk for no operational reason

17

i have no storage node, i am using storj
i am on your nas :smiley:

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18

Then you’re just a customer who chose to pre-buy credits via a volatile token (taking on a wild price risk for a nominal discount – bad idea). It doesn’t create a price floor, and it doesn’t make “everyone hold until $1” any less nonsense.

19

this is exactly what i mean, for some reason it seems you don’t want that the price will rise.
If all coins go to zero then that’s the way it is

20

You’re right — STORJ is not Bitcoin.

But STORJ is also not just a payment rail for storage.

The network is currently riding multiple waves at the same time:

Cloud Storage, Decentralized Cloud (DePIN), AI/LLM data, and the GPU economy.

Cloud storage is a trillion-dollar market, and AI is accelerating demand aggressively.

If even 10% of this market shifts toward decentralized solutions,

the token is no longer a simple payment rail —

it becomes an expression of global-scale data infrastructure demand.

In that scenario, the token is not merely a settlement tool;

it reflects network demand pressure,

provided that demand growth can outpace structural supply.

Comparing STORJ to Bitcoin from a primary use-case perspective is a category error.

The real question is this:

Can AI-driven data growth — even at a 10% decentralized market share —

outpace mandatory sell pressure, or not?

If the answer is no, your criticism is valid.

But reducing the discussion to “just a payment rail”

effectively ignores multiple major trends converging at the same time.

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