Look, Storj took great pains to liquidate over $50 million in cash below ICO level, down to about $0.22 over the time frame previous to last year…While the payout was over 10x what it is today. Fine liquidate your tokens utilitarian style (monthly), meanwhile we banked 16x more selling at .67,.77, 1.07, 1.17 quantitatively over that time. All with a cost base less than .30.
Even this year, STORJ was in the mid to low .30s…now seriously you could have doubled your return, several times since - if you had not been so concerned about miniscule amounts of cash.
You do you, but don’t expouse to others that that’s the right thing to do.
In the same vein you could have swapped all your STORJ into [memetoken] during your payouts and could have [large positive integer]x your return if you didn’t care about miniscule amounts of monthly cash payouts and timed it right.
You do you, but if operators hold on to STORJ, they should think of it as buying STORJ using their fixed payout every month; basically DCA’ing on a regular basis. Whether or not it is a good idea to speculate on STORJ price is separate.
It’s very simple really. Do you have reasons to believe the token will grow in value? No? Then you are not investing. You are gambling. Plain and simple. You can gamble on storj token, horse races, in Las Vegas — and in latter cases you will get much better odds.
And if you have reasons to believe storj will increase in value — buy $5M of it now.
Please note - STORJ tokens are utility tokens, they are not an investment into a company, they also not shares and not securities.
They are used as a payout method for SNOs and as a payment method to rent a storage and egress (and GPU in the future) from the Storj Distributed Cloud.
I would expect, that you can pay for a GPU usage the same way as you paying for a used space and egress now. Not sure that there might be a bonus, but we will see.
, but I’m investing a fixed amount every month. I’m doing it with a mindset of investing for the future!