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Why I Just Bought 10k CUB

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notak
@notak
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Many of you would have noticed that crypto markets are down over the last few days.

What I do when markets fall

I often try to gather as much fiat as I think I can lose and use that to buy crypto.

So today I put in an additional 4000 AUD (about $3000 USD) into the crypto markets.

Why do you ask? Typically markets rebound after a large dip, and given I am holding for a long time they usually eventually come back up..even up if its years away. So I figure buying on the dip is a great strategy. Although it needs to be a good coin.

Why I chose CUB

So today I chose to add some more to my CUB holdings. I'm already down quite a bit on CUB, but I see lots of short term and long term potential. My main reasons are:

  1. The CUB finance team have regular AMA, they use their real names and that gives me confidence that they won't run away with a rug pull.
  2. CUB has a good deal of community support through the LEO finance community, and as the LEO finance community grows it will grow too.
  3. LEO finance is on hive and there are some exciting projects which will likely improve hive adoption and eventually people on hive will find LEO finance.
  4. CUB finance is almost 12 months old and most other bsc projects don't last that long.
  5. CUB finance is always innovating with new projects, things like staking, and deX Aggregator, and future IDOs are coming.

So why now?

The big reason is the airdrop which is likely to happen I think in a few weeks. The airdrop is polycub, and will be dropped over the next 60 days from an unknown date. This is likely to have two impacts,

  1. Increase demand for CUB
  2. Provide extra value in a new coin

The other reason is the price, at $0.29 this is quite a bargain. I also I think I'm not the only one that's going to jump in at these prices.

Conclusion

This is just my thoughts on why I jumped in now to add to my collection. It's not financial advice and you should really make your own assessment of your financial decisions.

I do really like this team and hope that 2022 can be even better than 2021 in terms of LEO finace, CUB and crypto in general

Posted using LeoFinance Mobile