Nash Commerce
Regular Member
- Jun 29, 2020
- 538
- 858
This is how the market works.
They’ll all come back when we’re on the rise again in the next 2 weeks.
Just wanted to let you guys know about a medium-long term position I’m taking.
Tezos & Cardano. XTZ, ADA.
Staking benefits. 1/3 of the price of 4-5 months ago.
Price of assets during March 2020 economic collapse.
Lowest Tezos got was $1.50, currently trading at 2.42.
Down 12% on the week.
I honestly think it will shoot up in the next few weeks, even if it doesn’t idc the 5%-7% apy staking benefit is ridiculous.
Its like real estate, you get the 5-7% cash flow PLUS the appreciation.
PLUS if I ever need $ for another investment I can take a loan out against it for 4.5% (I don’t see myself doing this, just there for an extra perk)
I can see the asset rising by 10x over the next 2-3 years easy. If it did I’d be making 50-70% apy on my original investment per year. Plus the 10x on my principal.
At a 2 billion dollar market cap, it’s a fucking no brainer.
I always share my plays and trades with y’all, so I figured I’d post this too.
Have a great day!
They’ll all come back when we’re on the rise again in the next 2 weeks.
Just wanted to let you guys know about a medium-long term position I’m taking.
Tezos & Cardano. XTZ, ADA.
Staking benefits. 1/3 of the price of 4-5 months ago.
Price of assets during March 2020 economic collapse.
Lowest Tezos got was $1.50, currently trading at 2.42.
Down 12% on the week.
I honestly think it will shoot up in the next few weeks, even if it doesn’t idc the 5%-7% apy staking benefit is ridiculous.
Its like real estate, you get the 5-7% cash flow PLUS the appreciation.
PLUS if I ever need $ for another investment I can take a loan out against it for 4.5% (I don’t see myself doing this, just there for an extra perk)
I can see the asset rising by 10x over the next 2-3 years easy. If it did I’d be making 50-70% apy on my original investment per year. Plus the 10x on my principal.
At a 2 billion dollar market cap, it’s a fucking no brainer.
I always share my plays and trades with y’all, so I figured I’d post this too.
Have a great day!