TIME Wonderland Down 50%!! Still Making Money?

It's been a rough week for rebase DAO's pretty much across the board. Depending on where you got in you may be in the red, but should you stay or should you go?

TIME Wonderland Down

TIME is currently sitting at apx $3,500 USD, wasn't it just at 8k not too long ago? What does this mean for you gains or potential gains?

Right now 1 TIME will cost you 42.5 AVAX on Trader Joe. Looking back to mid October is was going for 145 AVAX, with AVAX at the time being worth about $55, that's a price of apx 8k.

What Does That Mean For My Investment?

This is the question! One thing that is for sure is that I'm not making the same daily return. Which obviously sucks, especially considering that rebase DeFi is part of my $100 a day mission.

I reached a personal goal last month by earning $100 USD a day in crypto with a combination of DeFi/Gaming/Blogging etc.

Has the bigger picture changed?

I think this depends on your strategy. If your plan was to realize profit in the short term then it's possible a wrench has been thrown into your plans and maybe you've already liquidated and moved on.

If your looking at a long term hold to realize the potential of auto-compounding gains then maybe we're still good to go!

The Fundamentals Have Not Changed

Bottom line is you need a strategy every tie you take a position and it's best if you stick to your strategy and see it through, analyze the results, and improve going forward.

Let's Check The Calculator!

If current price of TIME holds and you let time do it's thing (pass), there's still potential for a massive return.

At current rates a deposit of $800 would net a return of $7k in 120 days or 4 months from now. Not quite Lambo gains buts that still spectacular.

Let's do one more calculation!

If I deposited $1000 today and held for a year and the price of TIME dropped to $1000 what would that look like?

Now we're in Lambo territory! It is what it is.

Everyone has their own strategy, do what works for you. Personally I'm still acquiring rebase tokens on this massive dip, I'm buying more TIME, & HEC (Polygon, Fantom).

I'm only putting in what I can afford to loose, as in go to zero. Yes this is part of my $100 dollars a day strategy but at the same time it's the ultimate degen savings account.

Are You In TIME?

Have you exited your position, or holding for the longer term, or undecided? Let me know below..

Ciao for now,

Hive account@agr8buzz

TIME Wonderland Down 50%!! Still Making Money?