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RE: Bought and staked some CMDX

in LeoFinance3 years ago

Made one last buy (for now) at 1.29.

My average buy in now (including the airdrop coming soon) works out at $1.67. Happy with that. Now I'll let staking rewards bring that down over time, and pick up small amounts every now and then from Osmosis income.

We'll see what happens - crappy market conditions to have an LBP running. May be impacting the enthusiasm short term.

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Nice, glad you were able to DCA downward to at least a quite reasonable point, even considering where the price is now.

I'm focusing on promoting things now (both our validators/people staking to them, and the tokens themselves) via Twitter/etc, and having my team start to work their magic on that end as well.

Also will be throwing up another Comdex post later, PLUS a JUNO post (I think this is going to be an INSANELY huge project, that is being overlooked by so many, but there are already more dApps in development than the entire Cardano ecosystem has) - easily see a 10x+ here in the next 1-2 years.

Market conditions suck, but also the best time to buy. Definitely affected the LBP, but i mean they kinda got unlucky / shoulda launched a bit sooner (they were supposed to do this over a week ago supposedly).

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Juno is definitely one to watch. I've got mine pooled with OSMO. Just riding along.

Good luck with it all mate.

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I also have a small amount (~$500) pooled in the JUNO/OSMO pool, but those extra rewards run out in a few days, and the APR will no longer be worth it. Better off staking each individually and earning about 20%+ more each, while also eliminating Impermanent Loss risk, and also maintaining eligibility for airdrops.

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