Every month I receive the MN Fund results due to having inquired about the investment fund over 12 months ago. At the time the way of how the MN Fund operated was not for me as I want to invest in a fund and not physically do the work. If you are the one running the fund and being paid a commission or percentage on the results/profits then you must control everything and deliver those results.
The MN Fund had a few setbacks this last month with certain investments like AAVE who experienced a hack and that created a $10 billion drop in market cap value. TAO dropped 25% within 6 hours due to some huge sell offs and SUI also dropped in value. This is why using charts to trade does not account for the unexpected and like most crypto there is risks involved.
When you consider a team with over 21 years trading experience is struggling then it shows how difficult this market is when we know the crypto cycle has changed and this is all new to us.
The big difference is when you are trading and have lost funds those are lost until you earn them back through more trades. When you are staking and earning you may lose overall value similar to those trading, but you are also increasing the size of your bag at the same time. You may be not seeing an increase in value immediately and more like holding your ground, but are growing without seeing the impact of that growth. At some point when the markets turn that growth will be slowly revealed when the prices start to increase.
This is one of the reasons I like to follow this project because I find it refreshing and reassuring to see others struggling. We have become so accustomed to seeing and hearing about others winning on social media with their crypto investments yet the full story is never revealed. The MN Fund showing how they are battling through monthly is no different to our experiences and reassures us what we are doing is the correct way of growing through staking and consistency.
Crypto has been a minefield for the last 54 months which is a hell of a long time to be on the slide heading downwards. At least in the previous cycle we had some big swings up and down but this current cycle since December 2021 till now very little upwards movement besides a handful of crypto's. I f we look at 99% of all the alt coins they are 90-98% down over those 54 months which is rather severe. One can understand when you hear that statistic 90% lose in crypto and depending when you invested the chances are you will be down.
Friends of mine invested months ago and I thought at the time how lucky they were to be investing when they did and yet they are down between 60 and 70% with the only difference they are staking so the losses are not so severe. If they use that as a marker when they invested and invest more at these lower prices then they are diluting the cost of each token and this will guarantee a healthy return in the future. I have no concerns as I know what crypto projects they invested into and will be shocked or pleasantly surprised when the green candles reappear.