RE: Reaching stability for the LEN token
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While it is nice ideal to work toward an ever increasing investment, the value is still based on supply and demand (which is totally outside the scope of your control). Therefore, it is inevitable that at some point, the value will go down. Even the price of the mighty bitcoin continues to fluctuate. It has been on the rise for the past few months, but that followed a period where is dipped considerably. Markets (values) fluctuate. That is a foundational principle of investing. And strangely enough, it is during these dips that most of the money is made (fear selling sets in and there are bargains to be had).
My game plan is to earn while the market is going up and buy when the market is coming down (thereby increasing my holdings at lower prices so that when they rebound, my portfolio value increases exponentially). I appreciate the hard work you guys put into this project and benefits that are being produced and I hope you can sustain this growth for a long time. I will continue to earn (an occasionally invest in) more tokens as this continues to happen. But I will not be heartbroken if there is a dip in the prices which allows me to increase my future holdings as a faster pace.
I agree with your comment, but there is one important difference between our project (tokens) and others out there... We aren't connected to FIAT directly, as all our transactions are connected with HIVE... We sold LENM for HIVE, and most of our income sources are here on HIVE... Our LEN token price is also connected only to HIVE directly...
But, if you represent the price of LEN tokens in USD, we will probably have dips and peaks... The only things "indexed" in USD are prices in the shop, and that is done like that only because of the limitations of the payment script...
Again, we will have fluctuations in price, for sure... We have done some projections and it can happen, but also, we can't forget about corrections and peaks either... Also, there is a certain risk of "investment failures" that could create temporary problems... In the end, in the long run, it should balance nicely... ;)
Thanks for the awesome comment!
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