FOMO ... Fear of Missing Out is still the great Destroyer of Crypto Wealth ...
Sometimes I have Good Luck, other times I have very bad Luck.
I traded 1 BNB ($300) into some Cub on CubDefi yesterday ... and it’s now worth less than $120.
Ouch !
Hopefully Cub comes back but I’m already down over 50% in one day. I did the same with Pancake swaps (Cake). I guess I will never learn.
Meanwhile I have turned $60 (Original Airdrop) into $4,000 USD from blogging here on Blurt. https://Blurtter.com
I think I will stick with blogging on Blurt !
Did you buy any Cub ? https://cubdefi.com/dens
looks like stick to blogging. As you've seen, compounding your blogging income is far more powerful than chasing defi - defi is for passive-income money-for-nothing crew ;-)
Yeah ... I thought I would diversify some of my BNB gains ... maybe Cub will go back to $7 some day ? It looks like I’m the only losing so far. Everyone else is getting rich.
I'd bet any losers only moan in chatrooms else they may get downvoted for thoughtcrimes.
Well I posted my experience over there and didn’t get many upvotes ...
nobody wants to hear bad news
when they're shillin'
One thing I learned is that Binance is making a killing in fees... since it only costs like 30 cents for every transaction people are making hundreds of Transactions a day. I will be buying some BNB on the dips.
I had to laugh reading this. I mentioned before to you that the first time I powered down at Steem I invested it into ADA.
My partner is so mad at me because if I had left it I would have been sitting on 15k roughly rather than the 700.00 or so I had when it hit its recent high. We could call that
The Time I Turned 15000.00 into 700.00 lol.
I have no regrets though. I invested 420.00 out of pocket 3 years ago and when I entered I believed crypto was foolish so had no expectation of gaining anything and was willing to lose the 420.00. I waste so much more than that every year so figure why not as it could help others with voting immediately and who knows, maybe some time down the road it will pay off for me too. :)
Nice on the profit you made here at Blurt. If Blurt ever reaches .15, on what I currently hold now would equal the Cardano valuation I missed out on. Of course my stake grows daily and we have airdrops and such so I think I will do well too. :)
Sorry about the Cub. I'm skeptical of this stuff which aids in my remaining ignorant. I always just assume that most of the time they are ponzi type pyramids and the early in gets most to all of the money and those coming behind need to rely on others being suckered in to buy and hold using terms like diamond hands and just hodl long enough for them to escape with any value they originally gave to the first wave of the project who made off with the cash.
Yeah... I think lots of people dumped their Cub at $14 ... and maybe bought back at $3 ? Who knows. It seems like everyone else is making a fortune on Cub... except me.
I staked wBNB and made 8 CUB so far which I staked to CUB. Not liquidity or farming. I guess it's called "Dens" on website. I had to pay 4% deposit but I am still in profit. Received Airdrop 0.5 🤣🤣🤣 Price goes down and I don't think that it will go up high soon. We will see
I see some whales making crazy profits like $6,000 an hour or something. As usual You have to be rich to get rich.
I could not figure out the Farms ... so many transfers and fees involved. So I’m just parking mine in the Cub Den (10x) ... gotta be happy earning 1,000 %
I hope club comes back up again.
Yeah .... me too
I bought CUB at around 3USD to 4USD the day before yesterday, and put into the pool, then I removed all at about 5USD yesterday. I kept bLEO / BNB, Cake / BNB still in Farms tool and BUSD in Dens.
Great timing .... mine was the worst. But I guess some people bought Cub at $15 too ?
if join the pool earlier enough, you will win, if join the pool late, you will lose. that's game rule I found.
Well I joined pretty early ... the 1st day ... and I’m down 50% .... bad timing
The FOMO was bad after spending hours trying to Convert Bleo to Cub ...
I'm using BSC DeFi for more than 1 month, it's rather simply for me to put into the pool.
I only had a few BNB ... so I bought what I could with 1 BNB ... I’m earning about 1 Cub per day in the Cub Den (10x) ... I find the Farms very confusing ... will need to take my time to understand all the fees and impermanent loss risk.
thank you very much for sharing, have a nice day