Storj volatility, can you really just buy on payment day and sell before payment day…
Seems historically that you can, but you wouldn’t be making any large margin.
In my case i was lucky enough to sell at over 40 cents.
The question is about the value of the token and if it should appreciate or if it is just a utility token to facilitate transactions (in which case why would it increase in value)
I bring this question up because my storj lost 30% this week
(Yes I have some that I didn’t give away)
I keep all my funds distributed among at least 4 currencies. They all go up and down from time to time but that’s fine. It’s a volatile and risky investment but that’s the intention. STORJ might lose 30% this week and rise 50% next week… I made the mistake to sell STORJ at $0.10 because I thought it wouldn’t rise much anyway… boy was I wrong…
But if you want to be “safe” and get your USD value, you can exchange your monthly income into TUSD and keep it tied to USD.
I guess the only reason that could make STORJ tokens rise, like a lot, would be for StorjLabs to get as famous as big names (Amazon, Google…)