Compounding CUB || De-FI Sentiment
There is no doubt DE-FI is changing the perspective of generating revenue for investors. Not only that but it has started to be a game changer for many early adopters and those who can deal with imparmanent loss are the real gainers. But keeping that in mind there are certain aspects of FOMO which will eventually turn your assets into close to nothing. Bear that in mind and keep building your assets.
CUB Defi
I have been in Cub defi from the very first day. The crazy APR of around 20k was really unavoidable. Hence got in ASAP. While all this time, I have not been taking out any money out of CUB. Well technically not out from the pool. But just making use of it in one way or the other. I am not a whale but doing the best out of my assets for the time being. One of the reason for investing into CUB is khaleelkazi, which I have said plenty of times before and do not forget the dedicated team of Leofinance. How far have I arrived with my LP and assets in Cub Defi? let me share that!
Currently my assets in CUB defi are as follows :
- My Initial entry was with $1000. But as I saw the returns and the FOMO started to build up I probably added $500 more (I can't remember the exact amount). While everything was going on as planned I started to increase my LP just in case. Which I suppose was a good decision for me. Currently I have 545 LP and all of it is in CUB/BUSD pool.
So if I calculate in terms of dollar value, I am standing in profit. But what I would like to see is how much have I accumulated at the end of the day. The amount which I currently have, I am honestly not satisfied with it. The reason is a recent conversation I had with a certain person. Damn man, $12k per day! That is an insane return for an investment. But yeah it is what it is! This is what you get when you take huge risk and become an early adopter. Worth it!
What am I planning to do? Compounding?
I literally have no idea what I am going to do. But as of now I am planning not to sell anything (unless otherwise). So Compounding seems a great way to keep my assets in check. But like it is said, as days will be coming the APR will decrease and the return process will go much slower than expected. So definitely it is going to affect my plan, which is why it is going to be a long term project from my side. I do want to hold onto it as long as possible. One other benefit which I have is, this is free money which I had. So I will not be needing them for a while, which gives me some extra benefit of not worrying or whatsoever.
My recent compound today : I am aware it is not much but yep, it is something ;) lets see how far I can actually go down the road on this one.
Now for the DOT coin which I pushed into den, I was just holding them on Binance. I have so far made 0.6 Dot out of the CUB which has been produced from the Dot den. So not that bad I suppose for just keeping a coin staked. Besides some of these coins are not going to move from my wallets period. HODL on the way.
Sentiment
One issue which I have noticed is, when you are in for a long term hodl the price does really impacts thyself slightly. The reason is, when you see your portfolio going down in bearish day it stumbles upon and automatically that feeling of FUD omes within. But since you are in a long term phrase, do keep that in mind, whatever happens I will unlock that token after that number of days/weeks/months.
Another issue is do not FOMO. Yep, I get in a lot of coins due to FOMO. Which is why I have lost enough lol but I still do not learn. Call it an insight or the adrenaline rush I do get in sometimes but I never invest that amount of money which will effect me in a huge way. To be more precise, I invest a small portion of my asset in these situations.
Neverthless, Defi is the next craze and it is a money printing machine. You just need to on it at the right time and with the right amount.
Best regards
Rehan
Posted Using LeoFinance Beta
