You don't lose on your CUB investment so why the freak out?
I'm not sure when people joined the block chain, crypto market or got involved with decentralised finance but I'm interested to see that many have not learned the market well over the period of time. I've been following CUB movements for a while and slowly building my account, by goal is to have a stead income from CUB to bolster my Hive and Leo holdings and limit my fiat deposits.
As Hive and Leo continue to grow in value it will get harder to purchase and earn through fiat and blogging alone. My blogs have ready been returning less tokens than this time Last year and my fiat investment isn't able to keep up with the price fluctuations.
CUB is that answer for me, I know many want Lambo but Lambo doesn't come right away. You need patience, time and work. I don't think many people understand that part. In all things we do in life it is about slowing down, thinking and waiting. Never make decisions on emotions and always have a calm mind. Think things through and then decide.
But I see it time and time again, people rushing in making decisions buying high selling low. Losing money and moving onto the next big thing chasing their tales.
I've been reading how alot of people have left CUB because they haven't seen much from the Dev team. Despite a few announcements regarding Kingdoms and Leo Bridge people want more. But it's not that they want more announcements it's that they want to see the token moon. Silence from a Dev team isn't always a bad thing in CUB'S case it's because the Dev team is hard at work building. The silence isn't silence the silence is trade secrets.
The price impact on CUB has been pretty decent but nothing to really fear it's dropped from $3.50 to $2.20 in the Cryptocurrancy world that's not much. CUB has lowered to $1.8 in the past and these are good price points to enter. Brings in new money or greater investment from us who are still here.
But did you know that CUB'S price drop doesn't impact your earnings. Many don't realise this but as CUB'S value decreases it's APY increases. Now I'm not sure if it's because people experiencing FUD are cashing out or the system is actually geared that way. But the lower the token price the more you get.
It reminds me of this time Last year with Hive when prices were low. Upvotes were returning high token yields. I missed out purchasing more Hive with fiat. I did purchase a few thousand Hive but I wish I had of spent a few thousand jn fiat in hits instead of hundreds. But you live and learn.
Learning from the past I'm putting more fiat into CUB as it is still a early project, 2 months hold. In cryptocurrancy life span that's good on a few points.
It's still here, many projects don't survive their first few weeks let alone months. Often pump and Dumps occur. Tokens can balloon and then massively drop back down and get zeroed. CUB has maintained Millions of total locked value and the team is undertaking regular burns.
Decentralised finance takes a year to actually pick up and get running, all of it does on many chains. CUB has a multiple use case with multiple features that do more than just yield farm. They're building something that will attract more use and in turn create more value. Not many other yield farming initiatives do this.
I've said it before and I'll say it again, uniswap, pancake swap and all those Decentralised exchanges took a good year to get up and running and BUIDL their following and use. It was 5 months ago where pancake swap was a few dollars and not sitting at $36 (AUD) a few weeks ago it was only $20. It's increase is due to the increasing number of features and partnerships.
CUB is still building theirs and once more listings occure on centralised exchanges it will continue to rise.
What can you do to help?
You can talk to people about CUB let them know about it, give them the link send them the docs and get them onboarded. The team can only do so much without a strong community and it is the community that drives price action and success.
I know many ran across to Ape for banana's and it's significantly impacted on CUB price but for those whom are left our ROIs are bigger than they were last month.
I don't mind the low prices, means I generate more CUB whole tokens because as the price increases the APY reduces and the % drops. Takes longer to mint a coin and to pull rewards. Well, you get the drift.
So go out and let people know about CUB, or just wait and profit.
Posted Using LeoFinance Beta