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RE: Leo Talk 5/10/21 - Come Join Our Chat (Part 1)

in LeoFinance3 years ago

I believe if there are things to look forward to then the project isn't stagnant and from all indicators, cub is anything but stagnant.

Sometimes, hanging in there is the best thing to do with projects if the team is trustworthy.

I agree 100%. It might not seem so in the short run but it is definitely a safe path to follow. I know people who have lost a lot chasing huge APR from defi projects.

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Without a doubt, chasing is a rough game. I watch people who do it on here and it makes no sense. They end up getting less of a return because they miss the 50x moves because they are impatient.

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Patience is the most needed thing with investment. I had bought some coins in 2018 when the price was at a peak but I kept holding and now they have gone multifold. The only reason to get this return is that I did not sell out.

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Yeah I learned that lesson after the financial collapse on '08. I same many ride the stock market down for a couple years only to sell in 2010 when the pain got bad enough. Of course, they didnt miss the bottom by much. They got back in a few years later after much of the early run took place.

It seems like that happens all the time.

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There is only one DeFi project I am involved in and that is Cub Finance. I have thought about getting involved in others, but decided just to focus on one.

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Defi is like playing with fire. I don't really care about the high yields, safety is key and there isn't any defi project as safe as cub for me--most of us here actually.

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