WonderlandDao is it worth it?
Hi, I am Joao, I am a crypto investor. Over the past couple of weeks, I’ve been dabbling with DAOs.
I am loving the returns so far, but I have to admit that volatility is an issue, as is with most cryptocurrencies.
And the past couple of weeks has shown how bad this can be if we go into a bear market, aka, the price of coins drops significantly over weeks if not months.
This is a snipe shoot of the top 10 cryptocurrencies to illustrate what's happening with cryptos right now.
As you can see, it’s not pretty!
So it’s a bad time to get in right?!?! Wrong!
This is far from financial advice, just your daily dose of crypto, what goes down, most times goes up.
It’s not the first bearish market and it won’t be the last.
When all is said and done, I made multiple investments along this green time line:
And even with a 50% or more loss in token price from when I invested to where it is now, I still retained 100% of the value, that’s crazy.
And you will most likely call me a liar, how is that mathematically possible?
Well, I am still trying to do the math to find a reason, but it is most certainly due to the great APR rebase returns the platform gives, I don’t have the token lying around with no research done.
That would be gambling, and we are investing, we do research, and ultimately, we want our tokens to grow, so that reflects on the total treasure, EVEN IN A BEAR MARKET!
So overall I think it’s a really rough time for any or most cryptos, but they will bounce back, some will crash and never see the light of bulls again, so do your own research, this is my on time wonderland.
Appreciate the reading time from you, have a bullish day!