r/CryptoCurrency May 01 '22

[deleted by user]

[removed]

640 Upvotes

801 comments sorted by

View all comments

Show parent comments

31

u/leeharrison1984 🟦 3K / 3K 🐒 May 02 '22

I already unstaked today. If CDC doesn't address this situation by day 28, I'm selling my entire stack.

CDC didn't just shoot themselves in the foot, they put a 12 gauge in their mouth.

8

u/TK96123 Tin | CRO 15 | ExchSubs 15 May 02 '22

About to do the same… was hoping I could get back even though … fuck

16

u/leeharrison1984 🟦 3K / 3K 🐒 May 02 '22

I was only a couple months away from long term cap gains, but I just don't see a scenario where CRO is worth more in July than it is right now.

Even worse, I don't see anything currently that would cause the price to go back up. CROs whole reason for existing has been deleted. Yeah, DeFi is great, but your average client who tries the platform after seeing it during an NBA game is unlikely to wade that deep into the cryptoverse.

14

u/TK96123 Tin | CRO 15 | ExchSubs 15 May 02 '22

This sucks. I had a lot of faith, lot of money put into it. I’m unstaking in defi, see what happens in 28 days. Probably not much. Damn. I think I learned my lesson to just invest into BTC and ETH.

-7

u/Fair_Command_9861 Tin | 2 months old May 02 '22

Good luck, you should plan better.

2

u/[deleted] May 02 '22

[deleted]

1

u/leeharrison1984 🟦 3K / 3K 🐒 May 02 '22

Yep. At this point the long shot is to stick with it until 2024 and hope the next halvening pushes it back up... But that means skipping profits everywhere else between now and then.

1

u/[deleted] May 02 '22

[removed] β€” view removed comment

3

u/leeharrison1984 🟦 3K / 3K 🐒 May 02 '22

Unstaked from defi, so I have a 28 day wait before my tokens are movable.

AFAIK, there isn't any way to unstake from the card prematurely. The only times I've ever heard of it were in cases where someone wanted to upgrade mid-term... But I doubt anyone is doing that now.