Strongblock has been a golden mine for those who invested early in 2021. At that time, the price was low, and the rewards were extremely high. But, even after the halvening happened which cut the rewards in half, the rewards were brilliant and gave very neat rewards to investors.
But, a lot has changed, and there are now more than 350,000 nodes created through the Strongblock platform. All these nodes are rewarded, leading to a giant pressure when it comes to selling of tokens, which has also caused the price per token to level around $200. But, what does the future hold for Strongblock?
The future for Strongblock
In the most recent article in the IP Address Guide, we discuss the future of Strongblock. Is it a good investment in 2022, just as it was in the start of 2021? Or is the token just going to continue downward trip, making it take even longer time for the investors to reach the return of their investment?
To be honest, it is really hard to predict what's ahead for Strongblock, but I remember in the autumn of 2020, when I first heard of Strongblock, there was one single reason that made me take a risk and invest in the project... I had trust in David Moss. He was mostly the main reason for me taking a risk and investing back then. I haven't been sad about that since then.
And I guess he is the main reason that I still feel good about the project, even though I feel sorry for those who created nodes in November 2021 and bought Strong tokens at more than $1000 per token (meaning that they could have created 5 nodes right now at the price of which they bought 1 back then).
However, some price movement doesn't make a project legit or bad... that is natural! So once again, I decide to put my trust in the work of Corey Lederer, David Moss, and the other guys in Strongblock... and I do believe that the best is yet to come for the Strongblock investors!
What do you think?
Interesting, but I’ve never heard of them
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That's natural, so many projects remain unknown to investors and fans, simply because there are thousands of them! :)
There are a lot of strong nodes forks coming up, you have already mentioned a few in your blog posts like thor, power and projectx..
And also projects with high APY probably forks of Olympus DAO..
The winners in these like in the equity market is those that get in the earliest when the prices are low and you have a longer duration to recoup investments + make profits.
So isn't it better for new investors to look for new projects launching rather then invest in old projects like strong nodes or olympus dao?
The chances and probability of success with newer projects are higher than compared with the old ones?