Pumping LEO CUBfi is on discount DCA!
Remember when I was buying Hive 4:1 LEO ? Oops
But now here is some rectification. Dollar cost averaging is the go-to tactic when dealing with crypto volatility. So here's an example of averaging out mistakes of FOMO and when patience was really required. I fell into the emotional trap and should have waited.
No matter, LEO is a long term project and div's from CUB are still the way! Sure there were the smart ones who bought early and sold early (Remember $11 per cub?)
But many crypto projects in the beginning look like pump and dumps. The real test is the development team and the trust that there will be no rug pulls.
It's a great feeling compounding your CUB's and still having the choice to keep into cub or out into other 'tokens'.
I'll be using this LEO to pay back and to gain back. In the end DCA is the best and most trusted method of buying and selling during Bull Markets. I still believe we have a bull-market although some metric data is concerning. A death cross is forming for the 200 moving day average against bitcoin. Selling is a taxable event, and future predictions are not guaranteed. The honor of crypto is staying in crypto.. the bear markets are painful that is for sure. So do you sell and get your retro-active capital gains tax? Buy back in? The big crash made the waters so murky; and that is a definite tactic whales and governments play. Other concerning 'technicals' is that the 200 moving day average for BTC is hitting a 'death cross" in a couple of weeks.
That's always bearish for the technical people's! Either way the world is as confused as ever. Crypto is here to stay. Even if you missed this bull-market there should be more pending world wide apocolyptic scenerio's. In that case all markets won't really matter.
Once those two lines converge.. technicals say sell. Not financial advice because Crypto is volatile and interconnected to dollar shenanigan's.
Posted Using LeoFinance Beta
Crazy stuff. I have noticed today that Cub is finally starting to go back up a bit. Not sure what that will mean in the long term exactly, but I think it looks good right now. I have a little bit of tax that I am going to have to pay at some point. I took some gains a bit ago to pay off some debt. Waiting to see what things are doing first before I worry about pulling money just to cover taxes...
Posted Using LeoFinance Beta
Yup I even started to dcc a little Leo, so I got something to damp when it spikes next time and that other buy breaks even, lol! If DOGE can go up, so can LEO. I'm not touching CUB ever again tho!
I will use my full leofinance earnings this month to buy more cubes and take advantage of this incredible price of $0.70 and if it goes back up to $11 I will make a very nice profit.
Posted Using LeoFinance Beta
Even if we go back 20k is healthy, I mean all these correction are so healthy and even could be better if price covers an imbalance that we have at 17k approximately if you take a look to BTC futures chart you'll see it. In my opinion bullrun is not over, apparently all these scenario looked like a bubble when BTC hit 64k, many institutions and big companies like Paypal, Apple, Tesla, Jp morgan are buying huge tons of bitcoin while these dips took place , let's see where market eventually goes, CUB will follow market as well ;) -Patient is key-
Posted Using LeoFinance Beta