I know a lot of people are probably starting to panic as the price of cub drops below $4, but I'm not worried. It's a new token and just like any other project when it kicks off and the initial excitement ends, it has to find the floor.
Need to find a Base
Just like Magic and Pokemon cards have an MSRP that wholesale distributors can get product and bulk and large investment firms can get in early and cheaper to buy in bulk, there are some people that jumped in cub for the quick buck and are going to look to try and get out as quickly as possible to get their money back.
Source
I have a feeling after the halving next week and interest drops again price will stabilize around $2 - $3 from there and will only go up from there. Below is a picture of what Wan did when it first released and you can see the "early investors" dumped their Wan for their quick profit as quickly as possible.
I have a stash of some liquid crypto set aside for when I start to see cub start rounding the bottom and increasing in strength. I'll hopefully be able to scoop up one last stack of cub and then ride it to the moon over the next 5 - 10 years.
After all, even if the price of cub just stabilized, getting over 100% APR on my investment per year may not be great in crypto, but I'm happy to double the value my stack for the foreseeable future.
After all with the constant burns of cub and the leobridge coming in the future, I don't understand how anyone can not be long-term bullish on Cub. With the Leo community being so bullish on Thorchain, it's only a matter of time before Leo is actively buidling on that chain as well.
As leo and hive continue to create value for those on this chain as well as leveraging fast cheap transactions for users on other blockchains, I can't imagine how hive and its communities won't continue to explode and grow in value.
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When the price is dropped, it's the new opportunity to buy more, no need to panic.
I just threw all of my cub in the Den at the beginning and I am not touching it for a long long time. I don't really see myself ever buying Cub when I can just earn it. Even if the process is very slow (for me). I do look forward to seeing Cub back over $10 some day. That would be cool!
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That's definitely an easy way to do it. The only downside is the fees for claiming it and such, but definitely high reward low-risk opportunity.
Yeah, for sure.
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Those who buy and sell quickly to get their money back are like buying a kobe beef steak and grilling it and throwing it away.
CUB has unlimited growth potential, maybe in a few months it could be at 10$ or more, who knows, as it is an excellent investment tool.
Posted Using LeoFinance Beta
Everyone has a trading plan and some are long-term and some are short-term. Nothing wrong with scalping for a quick buck, just takes more time and usually larger upfront capital to be worthwhile.
Good night @gniksivart, I want to know why you are giving me negative feedback on my pet's post. The images are mine and the content too
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friend, why are you my avote, even though it's a real photo, the person who reported me is a jealous person, I know him, to be honest I will hack him with a sword, please send my vote value back to the person who reported me.
friend, why do you uvote me, my writing is original, so does someone report me ,,,, if someone is jealous of me, take a look at my posts if there is plagiarism, friends please don't easily believe people reporting, because he see my post has a lot of value, so that person is jealous, even though that person they please themselves do not care about other people, see my posts during 2018 were not voted by those who reported me., please friends think with common sense, I do not disturb people other. sorry if any of my words are wrong. best regards from me @muntaharaceh