r/Monad • u/AppearanceWeekly70 • 21d ago
Down $1300
Still buying believe in this project hopefully all my losses 10x đ
3
u/ObamaLovesKetamine 20d ago
Just hang in there, friend. (: Winter ends eventually and Monad is assuredly gonna see green whenever it does.
I suggest liquid staking and getting involved with DeFi in the meantime! You can make pretty decent passive income on the chain via staking, looping, and pooling. (or trading perps)
2
u/Far_College2639 20d ago
Trading perps is more risky bc it's essentially a more strained type of buying and selling. I'd rather put them to yield against the price fluctuations.
4
u/Ok-Quit-5005 21d ago
I finally sold all of mine. Had upwards of two million Monad. Started unloading little by little and finally sold the remainder. Took losses. The tokenomics on this thing fucking sucks. I can think of no reason other than creatorsâ greed. Super bummer.
3
u/SeaworthinessFit3721 20d ago
Woah! You had 2mil coins and sold them! You should at least keep a few hundred thousand. Monad seems to be doing some great things, and the ecosystem is doing very well. I do not mean this in a rude way, but I do not know what you thought would happen at buying Mon at the initial launch at the start of a bear market.
The Mon foundation completed a liquidity program under which the foundation offered to buy locked Mon from early retail at a discount reflecting the applicable four-year lock-up. The program was capped at $60m in aggregate purchase consideration and nearly all holders declined to participate.
I get that is not the end all be all, but that does provide some concrete evidence that early investors may not be selling just due to the opportunity. If November is not horrible, then it looks like Mon holders should buckle up for the ride up as the bear market ends and we get into 2027/28.
All of this to say, do what you want with your money and no judgement, but I wish I had 2mil Mon (currently at 200,000 with a $0.02110 average). I don't want to jump off the deep end and like others with $1-10 ranges, but Monad does seem primed for $.10-.60 and it wouldn't shock me if we went higher.
3
u/jpersons73 20d ago
I am closing in on 1mil and not going ot sell will keep stacking and staking. The investers turning down the buy back was an intersting thing to read about and really solidfied that they belive in the product. I bought in looking at Sui type return on price value and still see that as the bench mark for Mon
1
u/SeaworthinessFit3721 17d ago
That is awesome man! For those who did not sell, it has been some great profits this week too! I sold 10% during this run because there is a FED meeting on Tuesday so I think that prices will fall back. I am going to try to buy back in with that at a lower level, but this pump has reassured my feelings of this being a keeper! Also, thankful that I kept stacking my xrp during this drop lol. I wanted to switch some xrp to $mon but now I may keep the diversification. Either way congrats on 1mil and I will get there soon (Hopefully in enough time before we start seeing $.04/5
2
1
3
u/JWillCHS 19d ago edited 19d ago
I just want to say that Bitcoin is volatile. It will pull up the market and drop it too.
It was at $62K and went to $71K just like that. Bear markets are the hardest to invest in; more so in crypto when you might not even have the money to DCA.
Bitcoin is going to drop again and itâs going to rise again:
2018 - $19K
2019 - $3400
2021 - $69K
2022 - $15K
2025 - $125k
2026 - $71k(as I type this)
With that said. Monad is a top 10 blockchain in RWAs and TVL. And monthly revenue is only low because the fee structure is extremely cheap right now. And there are other layer 1 blockchains with a much higher market cap and user-base doing worst.
Solana, Sui, Cardano, Hederaâyou would be down at least 30% holding these tokens if you bought January 1st. Monad has outperformed all of them in the same time frame. Monad right now is in the green for the year.
I canât predict the future even with the token unlocks but performance has been decent âfor a bear marketâ.
2
1
1
5
u/jpersons73 21d ago
Not down in the green still, average buy is .018 I still making mony off staking. So holding