Dip, dip, and dipping. Everything is mooning. Whichever coin you touch with some potential is giving back returns. That's some amazing craze going on to make some quick bucks. Thinking on many things I have made a target to touch on this bull run before the bear market grasps us. So keep holding potential tokens and ride to the moon.
Defi is something amazing I got introduced to in recent times. My first defi ride was CubFinance. Till now I am satisfied with this investment and hoping for more as this one is such a good project from our very known Leo community. Well, there are plenty of defi projects going on in our crypto space. First, I got to know about pancakeswap but I didn't participate in that and then the cubdefi happened. After that, some more defi projects came around me. People around me rode a few of those projects. Some are serving well and some turned into a disaster.
Let's come to the main part of my today's topic. That's Comos. Yeah that's another defi project that came with some amazing return. Its ATH is very high from its current price. When its price was dropping a lot of people started to dive into it. Who doesn't love dips? I won't say much about the price, just look at the chart. Looks like Asgard is falling by the havoc of Ragnarok.
Come to my part. When I saw it below 2$ I was feeling an attraction towards it to trade. I wasn't thinking of adding liquidity. I didn't have a good amount of money to put into the liquidity for a good period. I thought of making some quick buck from the dip. When it was trading at 1.18$ I started to buy but couldn't catch that price and I ended up buying 1.40$. You won't believe it started to go upside. I thought of 2x because the price action touching 2x 5x was not any surprise. It should have touched that milestone and go back from where it came.
Mr. started to come down rapidly. I booked a little profit and steeped back. I saw it falling before my eyes. The project was turning into a disaster. But there was hope inside of me that it would rise. A project can't be dead in this way. It can, I didn't experience that before that's what I meant. I was hearing about its lost rudder. Still, I was expecting it to rise. I jumped again on it at 50 cents with the hope that it would bounce back to 1$+ and I would make a quick 2x. It started to fall and it's falling on and on. No desire to go back from where it came. I didn't see any disastrous charts before this one. Dip? I was buying the dip. And it's dipping more and more. What kind of this dip it is I don't know. In the name of a disastrous experience, I took some loss and said goodbye.
It traded over 100$+ and currently at 0.189 at the moment I am writing this post. Even the TVL has dropped a lot and now it’s at around 400k. I don’t know its future, the table may be turned around. As of now, it showed me the glance of how a bad defi project can take us down.