You are viewing a single comment's thread from:

RE: Embarrassing & Toxic HODL Culture Cult

in LeoFinance4 years ago

The hodler mentality is strong with Leo holders, I was expecting a significant amount to be powered down with the Cub project but nope...I am not seeing it. It's a cultish paradigm. I learned my lesson back in 2018. If I had sold near the top I would have had 10 or 20 times more Hive. Not happening again.

Personally, I am rebalancing my holdings and shifting my Leo stack to Cub. I am betting that I will be able to buy back with the farming rewards. So far, after 2 powerdowns with the drop in the Cub price plus, the transaction fees and the impermanent loss I am almost getting back the investment (in dollar terms). I just need Cub to stay above 3.15 and I am golden.

Posted Using LeoFinance Beta

Sort:  

There's a good chance you'll still get wrecked by not timing the peak correctly.
That being said you should do better than last time.