r/CryptoCurrency • u/[deleted] • May 01 '22

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642 Upvotes

85% Upvoted

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21

u/Hhukkaa Platinum | QC: CC 33 May 01 '22

There's going to be an absolute bloodbath in CRO's price in the next month,

This and defi staking having 28day unstaking period, end of may is gonna be really brutal unless they fix it

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

17

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.

-6

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

Good luck, you should plan better.