/biz/ - Business & Finance

>>29774117
based and historicallypilled

fresh bread >>29450426

Is holding The Graph the ultimate bagholdery?

I cannot think or comprehend of anything more cucked than holding GRT. Honestly, think about it rationally. You are buying, holding, staking, and losing money on a token for at least 5 years solely so it can go and get ravaged by the indexers. All the hard work you put into your beautiful little stack - doing due diligence and research before bedtime, picking the right indexers to delegate with, making sure it's a healthy percentage of your holdings, watching it grow, not selling it. All of it has one simple result: its price will ultimately become more enjoyable for those who will eventually pump it and dump it.

Built the perfect stack? Great. Who benefits? If you're lucky, a random man who had nothing to do with the project, who buys the dip. He gets to swing it every night for easy gains. He gets the benefits of its perceived stability and notional value that came from how long YOU held it.

As a man who has a stack of GRT you are LITERALLY dedicating at least 5 years of your life simply to hold riches for another man to enjoy. It is the ULTIMATE AND FINAL bag. Think about it logically

Seriously, listen to OP.

Fuck this shitcoin. The one time it 'mooned' from .50 to $1 I lost half in a swing, but I can't even be salty about it since in the time GRTrannies were bagholding this shit for their jew savior based on web3 and muh fundamentals, RBC made a x70.
Once it hits $1 again, I'm out. By the time (if) this is worth buying in future I'll be able to purchase x5 minimum what I have now from gains elsewhere.

Maybe if the delegation process wasn't such a piece of shit I would be delegating.
28 day freeze, plus gas fees. Your reward? Not only can you be cucked by the indexer at ANY time, but you can also be cucked by whales delegating to the indexer and eating up most of your APY. Delegation is literally anti-poorfolio. Unless you're practically a venture capitalist already with 100k to stake in a long term project, don't even bother trying it. This realization unironically has me selling.

Even if you bought at .50, you've actually been priced out and just didn't realize it yet. Just consider yourself lucky you made x2. This project will die a stablecoin purely because the price movement we care about is driven by speculation, but the whales who are going to accoomulate all of the supply don't actually care if it's $1 or $2 or 50c. They have 1M GRT in their wallet already and they're collecting obscene APY they can live off regardless. They don't need some crazy x10 pump to make it, because they already had one, and now they're content to coast on their 10-15% APY. While the already-rich are locked in and making their gains with the tried and true classic Jewish method of 'coast into riches on interest', small-timers with 5 digit bags or less are probably going to be stuck bagholding this shit for 5 years before they even see $2.50. Why do you think Forbes is sucking its dick now? It's such an economically conventional project, its obvious purpose is to further enrich the already wealthy Jewish investor class.

Even the logo is a fucking merchant.

>>28194926
I had a pretty good run
doubled, almost tripled my initial money
time for me to move on to greener pastures

>>27551382
>>27551604