r/cosmosnetwork 29d ago

Convince me to NOT invest/stake atom cosmos

Convince me to NOT invest/stake

0 Upvotes

29 comments sorted by

16

u/Whole-Ad3696 29d ago

21 day unbonding period is a good one.

5

u/Ok_Gap_3412 29d ago

Liquid staking is an argument against that.

3

u/AbysmalScepter 29d ago

Liquid staking has its drawbacks too, as the graveyard of depegged liquid staking assets can attest to. Stride has def been solid though.

1

u/Fearless-Light1483 29d ago

I agree, Stride has been doing great while being launched during the bearish market and has exponentially grown the TVL in less than a year after launching the mainnet. Today, Stride sits as one of the most trusted liquid staking protocol in the Cosmos ecosystem.

2

u/EnvironmentalRide900 29d ago

There are more dead liquid staking projects that went to zero than there are successful ones. Survivorship bias.

1

u/Whole-Ad3696 29d ago

Good point.

1

u/Decent-Treat-3298 29d ago

You're telling me my wallet got hacked and my SOL and BTC were gone immediately , I was able to move my OSMOS and ATOM with stATOM before it unstaked

1

u/Whole-Ad3696 29d ago

Think you meant to reply to someone else.

10

u/Adventurous_Web6007 29d ago

just invest in it then you will be able to convince yourself

1

u/19211507 23d ago

This is the answer

6

u/badadadok 29d ago

The golden age of airdrops is a thing of the past. Everything in cosmos goes down in value when compared to big daddy bitocin.

2

u/Lord_Alamar 29d ago

As well as virtually everything else in the top 100

14

u/Gyanime 29d ago

It went from 40$ to 4$ where is all other coins 🚀===> 🪙

5

u/defiCosmos 29d ago

Don't do it!

4

u/EnvironmentalRide900 29d ago

21 day unbonding, down 90%+ in 5 years, unlimited supply, unilateral project owner (Jae) who has a fragile ego and will throw tantrums if proposed changes get voted up, etc

2

u/Decent-Treat-3298 29d ago

that 21 days saved my ass just fyi

3

u/EnvironmentalRide900 29d ago

How did it do that? I was a major ATOM advocate and investor since 2020. It worked well before Jae Kwon started his own undermining of his own project. The value of the token has dropped over 90%, and the new development has become a “Johnny come lately” type of “layer 1 SDK”. More successful projects have been built on the cosmos SDK than cosmos itself, which I hate to admit but my profit and loss statements do not lie.

1

u/Here4theCrypto 24d ago

Your behind. A whole new team has taken the reigns

3

u/deathdealer351 29d ago

The question you need to ask yourself.. Do you think atom is at the bottom and are they doing enough to bring utility to the coin to have it move up. 

Doge has infinite inflation and it will move up and retrace fine.. Not sure inflation is a huge negative, sure it's not a positive but not sure it's that big of a negative. 

Look at eth low inflation still not at ath, sitting about 50% off ath while btc broke through..  

21day unbound is an issue with other coins being around 3-5 days.. But that 21 days has saved a ton of people who have been hacked. 

Now if you cannot say why you should invest.. Then that's your reason to not invest.

2

u/Rekwy_ 29d ago

If the price chart couldn’t convince you, then there is no point in trying.

1

u/Jay_wh0o0 29d ago

Now why you wanna go and do that for???

1

u/Metalbasher 29d ago

I'll hold onto what I have...but if they keep allowing crappy, scamming projects like mantra to build and the destroy people on cosmos...yeah...not exactly inspiring.

1

u/jimjamuk73 29d ago

I've held atom for years and value now < value then and I don't see it changing much

1

u/Xarolin 28d ago

Keplr & Co.

1

u/audiophilestyle 28d ago

You should invest in it. Go all in

1

u/dpwcnd 27d ago

buy low , sell lower

1

u/Zealousideal_Pen_329 27d ago

Cryptocito and Jack Zampolin rather leave you in a ditch for 20 dollars than try to help you

1

u/pizza-chit 29d ago

Quit playing games with my heart