You are viewing a single comment's thread from:

RE: Diary of my Cub Finance Adventure ep 7, second months on CUB + News!

in LeoFinance4 years ago

The value is closely related to the price, so clearly if the price falls the overall value follows suit, as in any loss-making position.

In any case, it is normal to be in a losing position at some point, even those who bought BTC at the highs of 2017 have been in a losing position for years.

But the people who really lost out were the ones who sold at a lower price than they bought, while those who kept everything had incredible gains over time.

Personally I would never feel like giving financial advice, and these that I list in my columns and here are just my thoughts as a user, as I am made I would never sell a position at a loss, especially because in my opinion the project is strong and the major problem, (users and inflation) can be solved with targeted marketing campaigns, which I imagine and hope will be done once finished implementing all the new features.

In any case, there's nothing wrong with what you did, everything in this world always has a risk, then it's up to us users to decide what kind of risk we want to expose ourselves to, as far as I'm concerned, CUB is a risk I feel like taking.

Posted Using LeoFinance Beta