Family Bought CUB

in LeoFinance3 years ago

Today something amazing happened. My cousin bought Cub.


When you are the developer, you can run a private instance of a bot under a different name.

We both bought some SafeMoon, a literal shitcoin. It went up then started going down and I took out my initial deposit and bought Cub with it, because what else is a man supposed to do? My decision to sell wasn't because of the fact that the price went down, but instead because of how the official discord reacted to a small change in price. They locked up channels and stopped communication. Of course this is 100% a pump and dump designed to make the developers of it rich, but eh as I said in my last post, my cousin got me into it so I was fine with it.

But after I sold and bought Cub, he was interested in what it was and decided to buy in too. And so he put in $115 into Cub. I did a P2P trade for some BNB and the trader was pretty cool and gave me some extra BNB so thank you mysterious stranger.

It was pretty cool what had happened. Someone who has so little experience with crypto buying into a coin because I bought it. I told him to check it out himself and that I wasn't recommending it to him because shit can go down and I don't give recommendations because of that. I helped him buy some CUB and then told him to stake it in a den because thats probably the best way to hold CUB.

Then he gave me a question that I found quite intriguing:

If I were to give u $1k and tell u to invest it into crypto or whatever crypto wise, how long before u start making 1k a month off it u think? Without putting in more money

I honestly had to think. I thought maybe get a GPU to mine and earn crypto with. That could do it. The how long part of the question wasn't the interesting part but instead it was how I'd get to there. I honestly have no idea. My final reply:

what i'd do honestly: $200 into bitcoin. $200 into cub. $200 into hive. $200 cash. $200 into random shit.

I'm going to put the bulk of the money into shit I already know. Hive and Cub. Cash is there for dips and to buy more during then. And of course gotta buy them shitcoins from time to time. Gotta have fun right? What would you guys do? I'll be interested to find out on everyone's answer to this.

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Where is the $200 into Eth? :D

The $200 into random would be part of it. I don't really like ETH because of the high trx fees. Once they get closer to switching to POS tho I'd probably rebalance it more that way.

Okay Okay I get it. I also think I like/love Vitalik more than Eth itself :p

I just buy and hold Eth aswell as any other Crypto, I have :D

I'm not big into ETH just because of fees and trx times. Hive spoiled us with instant free trx. I should pay more attention to Vitalik. He seems like an interesting character. Better than Sun.

Yes!! 100% We are sooo spoiled here haha!

Even paying for the bnb/cub fees was weird the first time xD

Vitalik is a genius if you ask me :D

Eh, I'm used to decent fees. Not fees over $100 haha. Paying 10-30 cents a trx is no problem. Paying over 10% of trx value is just insane.

Ohh well. I was used to 0% fee from Hive. I have only bought crypto with my credit card and haven't really sent it to anyone xD

Compounding every day - it feels awesome, especially when I see CUB not dumping with the whole market. This community rocks!

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$CUB as holding or participating in pools at CubFinance?

I would go for the LP interest :)

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Welcome to your cousin to the CUB party !

There might be dips and pumps but I am confident the leofinance team will make the best of it for all of us.

Let's ride this DeFi wave together FRIENDS !

cHEERS,

@vlemon

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It would either be BTC or CUB for me. Right now, given the yields i'm leaning towards CUB.

Smart choices. Yield farming is very popular right now. Cub's my only long term yield as I know how their plans and such. I feel like most others are just going to be rugpulls.

How can I use that bot? I want a way to aggregate my cub stats like on your picture. Is there an api or a page somewhere i can use?

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Good way to work backwards from your desired income to necessary investment. Look at your current earnings prepay, divide that into 1000$ and multiple ply that number times your current stake to determine how much you need to make 1000$ per month.

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I'd go $200 in cash, $200 in XRP, $200 in Hive/LEO, $200 in CUB and $200 in random DCity / Splinterlands NFTs and $200 in Hive Engine miners.

See? I had such an awesome APR that I already have $1200 to spend :P.

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Sensible plan I guess even though I don't see dCity on the list.

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Lol, I wouldn't have dCity near the top of my things just yet. Maybe once 3rd edition gets released. Plus its pretty shitty UX for a new user as compared to the rest(which are shitty too, but just a tiny bit less so).

Investing in CUB is a safe bet, since the way things are going it has remained stable, which means that when it rises and has a correction it will be more stable than other things, besides now is the time to buy since everyone only reinvests the profits, when in a few months or a year they want to harvest, there will already be a drop in the price.

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SafeMoon to Cub, then Cub to Moon...your cuz might end up being quite pleased with the txs and say 'thank you Rishi bhaiya' :)

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