Where my Rule - "Don't Chase, Replace" Fails (Patreon)
Content
Fun Story
I participated in the initial decentralized offering (IDO) of SLND as a trial to test purchasing via a VPN, and it worked. I invested $3,000 of 'test' funds into it but unfortunately had to exit at a loss when the bear market set in, back in 2022.
Despite this, I've continuously monitored its progress, particularly since building my Solana-based altcoin portfolio. There were moments I almost reinvested - when the price hit $1.50, then $1.80, later at $2.50, and even recently at around $3. However, the value just kept soaring. Presently, it's trading at one-sixteenth the market cap of AAVE, a missed opportunity on my part.
As I say, you can't catch them all!
What really kept me out is the poor compendium score - compared to others..... alas sometimes tokens just run. $SLND is up 23% today.