/biz/ - Business & Finance

>>21816214
>>21817940
>>21818852

I shall unironically do the unreasonable thing, and trust perfect strangers on the internet. I'm holding at least until end of year. I shall edumacate myself on crypto in the meantime. Get a wagie job again, save and invest what I can once I understand shit a bit better.

Fortune favours the bold.

>>21789913
>adoption is the true factor here

Absofuckinglutely, and I don't think anyone would seriously dispute that. The tokens intended use is to be USED, after all. To balance the index funds it's bundled up with, smooth out price fluctuations, and to farm fees on volatility and volume. We can argue back and forth on whether that's an actual use case, but reality is, people are paying big bucks for completely useless shit all the time, as value in this economy is relative to the point of abstraction, ESPECIALLY in the financial sector. Hello, ever heard of the derivatives market?

I stand by the assertion that the token will provide a tangible benefit to any fund it's in, even if its just by drawing investors by the promise of high yields from fees. I'm banking on big price movements upwards as normies and investors alike become aware of it, but the endgame is to pool my STA and get some nice passive income from it. Is it uncertain? Fucking of course it is, every new thing is uncertain, that's why we can make fucking money on it! Once everyone knows, the profit margins are gone.

I might be wrong, in which case I'll lose money. But I'm not too worried. You can either get on the bus as we head to the launchpad, FUD with the rest of /biz/ to try and lower your entry point, or stand to the sidelines as we depart. Your choice.