Paying Attention
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It is impossible to know about every project especially in the beginning and why reading posts on Leofinance gives you a huge advantage. People here just seem to know stuff when things are still early.
A while back, actually not that long ago Rune was mentioned as a coin to get involved with. I obviously read the various posts and comments and know that Khal was a firm believer in not only Rune, but the Thorchain as well. Rune was mentioned regularly for a long period of time.
Like many things I wasn't ready financially at the time as funds needed to be kept just in case for the lock down periods as we don't receive windfalls like others do in certain countries. I wish that was the case as trust me my portfolio would be looking a hell of a lot bigger than it is currently.
Like Rune many have been commenting about Matic lately and the same pattern is emerging. If memory serves me well when I first read about Rune on Leofinance it was around the $ 2 mark and now sits at $ 12.40 which is slightly down from a few weeks ago. Still this is a 5x increase if one just paid attention in here.
Matic was nowhere 6 months ago and after reading up about it's use cases for DeFi offering lower fees than BSC it is an obvious one to look at. Matic is currently sitting at $ 1.81 and I am experiencing a bit of Dejavu yet again and not wanting to miss the next boat ride out.
Many users on Leofinance are in the know and why there is so much success around the platform as just being part of it valuable information is shared if you read and pay attention. This is not shilling like you see on Twitter where every man and his dog is tweeting about their chosen coin going to the moon.
So far my portfolio has already had AVA added to it as a long term hold also due to reading various posts. What is interesting to note is every coin that is posted about on Leofinance has a use case and a reason for it's existence.
I think what threw me with Rune in the beginning was I didn't understand DeFi and since then through CubDeFi now do. I think what I am getting at is there is so much valuable information being shared in the Leofinance feed everyday one would have to be a fool not to read and pay close attention.
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Wait what? Did you say something?
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I can relate, I hopped on the Rune train quite late at 3$ after I’ve been seeing it from 0.3$.,it hurt,,,. But I didn’t understand DeFi either at the time so i didn’t see the relevance...Rune went as high as 21$, it turned out to be one of my best investments this year, now that i have a grasp of it, i think I’m still very early to it.
The thing is that while we get some quality information on leofinance, due diligence still needs to be done.,,it also depends on the quality of information, some people will shill anything,...I remember people talking a lot about Ava when it was very cheap also
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We both weren't up to speed with defi and at least we know now what a game changer it is. You still did well scooping some at $3. I only bought AVA in this last dip and will continue to just add. Maybe I will still buy some Rune even though it is high already but believe it can go a lot higher still.
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I missed the boat on RUNE as well, so I am right there with you on that one. I don't plan on making the same mistake with MATIC. I picked some up last week and I picked a bit more up this week. I am using some of it in one of the major DEFI project over there and the rest I am just hodling.
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