I'm feeling good about Substratum. I think it's a super interesting project and if it gains any traction, could be a blockchain success. Right now we just get to play the waiting game, the exact thing these projects were designed to do.
Pretty sure I had the wrong price written down last week but all my other numbers were correct. So last week the price was $0.50 not $0.34. This week we are up to $0.57 and managed to buy 75 SUB today, almost got our stack up to 500 SUB.
Here's how the project looks so far:
| SUB Owned | Current Price |
|---|---|
| 476 | $0.57 |
| Investment | Current Value | Net Profit/Loss | Profit per Day |
|---|---|---|---|
| $425.98 | $271.32 | $-154.66 | $-3.16 |
Profits jumped over $1.00 per day since last week but we still have a sizable hole to dig our way out of. I doubt we get there until at least June as we should have a few more months to get this stack as high as possible. I am not a day trader so buying these stacks on longer term projects is exactly what I want to be doing.
I'm interested to see what the exact usage of these coins are once the whole Substartum system gets up and running. It seems like they will have multiple uses and should have good value. It's always important to remember that we aren't buying stocks and that the coins we purchase need to have a use to retain value. In my opinion this is even more important when picking more obscure/long shot coins to hodl.
I'm still taking suggestion for this weeks followers choice coin so let me know what coins you are hyped about!
