06-17-2021, 06:13 PM
Got Too Greedy, Just Paid The Price For It.
<!-- SC_OFF --><div class="md"><p>As a lot of us know, TITAN recently crashed from a whopping 60$ to 0. </p> <p>Now, I got into iron finance pretty recently, entranced by the crazy APR's. I looked into it as it seemed too good to be true but the project seemed sustainable, at least for a few more months. I mean iron finance was not a new name, it was previously on BSC before making the switch. plus fucking Mark Cuban endorsed it.</p> <p>I bought in with 500$ worth, I know its not a lot but it was 1/4 of my total portfolio so its a lot for me. within days TITAN skyrocketed to 60$ and I was making profits of over 50$ daily. I could've and should've cashed out then, but I didnt. I wanted just ONE MORE day of the juicy rewards then I'd cash out. </p> <p>I went to sleep last night and when I woke up this morning, to my horror the price was tanked. I could've walked away with 1000$ yesterday but now I'm walking away with 0. this is because I was too greedy and wanted one more day of profits, and then the rug got pulled ( more of a bank run but still).</p> <p>now, I know this was my fault and I've taken a valuable lesson from this. NEVER get too greedy in anything, especially if you are a trader or farmer. many have lost far, far more than me and I feel for them. but the common factor with all of us who lost is greed. if something seems too good to be true it probably is.</p> <p>I'm not bothering with liquidity farms now, I'll concentrate on making fiat to recoup my losses and focus on investing.</p> <p>i hope my experience teaches you a lesson, and I hope no one makes the same mistake as me in the future.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/IHateElon"> /u/IHateElon </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1tgss/got_too_greedy_just_paid_the_price_for_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1tgss/got_too_greedy_just_paid_the_price_for_it/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As a lot of us know, TITAN recently crashed from a whopping 60$ to 0. </p> <p>Now, I got into iron finance pretty recently, entranced by the crazy APR's. I looked into it as it seemed too good to be true but the project seemed sustainable, at least for a few more months. I mean iron finance was not a new name, it was previously on BSC before making the switch. plus fucking Mark Cuban endorsed it.</p> <p>I bought in with 500$ worth, I know its not a lot but it was 1/4 of my total portfolio so its a lot for me. within days TITAN skyrocketed to 60$ and I was making profits of over 50$ daily. I could've and should've cashed out then, but I didnt. I wanted just ONE MORE day of the juicy rewards then I'd cash out. </p> <p>I went to sleep last night and when I woke up this morning, to my horror the price was tanked. I could've walked away with 1000$ yesterday but now I'm walking away with 0. this is because I was too greedy and wanted one more day of profits, and then the rug got pulled ( more of a bank run but still).</p> <p>now, I know this was my fault and I've taken a valuable lesson from this. NEVER get too greedy in anything, especially if you are a trader or farmer. many have lost far, far more than me and I feel for them. but the common factor with all of us who lost is greed. if something seems too good to be true it probably is.</p> <p>I'm not bothering with liquidity farms now, I'll concentrate on making fiat to recoup my losses and focus on investing.</p> <p>i hope my experience teaches you a lesson, and I hope no one makes the same mistake as me in the future.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/IHateElon"> /u/IHateElon </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1tgss/got_too_greedy_just_paid_the_price_for_it/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/o1tgss/got_too_greedy_just_paid_the_price_for_it/">[comments]</a></span>Kind Regards R