@cryptothesis's thread
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@cryptothesis
ยท 1Y agoMy quick assessment of $SURGE.
- Think simple and sleeping tight.. if I want to earn stable yield of approx. 16% yield p.a., I can treat SURGE like a saving account which value is at least $1 apiece.
- Greedy me... If I want to win big, I buy $50 worth of SURGE now, and wait for one LSTR to be way over $50 apiece, then I am actually getting the returns in $ value for my initial investment by selling LSTR.
- Super greedy me... Buy LEO or LSTR at its price now, and sell at whatever profit I want.
The greedier one is, the greater the risk. For example, market may turn, and LEO goes back down.
So, in a way, SURGE is like a protector. It allows you to change it for LSTR when LSTR is worth more than $50 to profit, but it doesn't let you lose.
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