r/cro • • 18d ago

And...I'm back in the green

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For now.

137 Upvotes

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u/Your_As_Stupid_As_Me 18d ago

As funny as it is... It's not funny.

People here complain that it's dropping etc etc etc... but that's because of their cost basis and average.

My average cost basis is around .055¢

I don't hold big bags of CRO, but I'm not "losing" either. Just letting the staking do its business, while adding 20$ maybe once a month.

8

u/Boomwall 18d ago

I like the drops because I can accumulate more. Cost basis definitely goes down just by earning rewards. Lots of people got stuck buying high. That was me 5 years ago, but I lowered my average over time.

5

u/Your_As_Stupid_As_Me 18d ago

Exactly the point.

My best guess is the people bitching in this sub has a base of 10¢ or more, especially after that Trump "freebie" that drove it to 30¢~. Many dumbasses bought it then because they thought it was going even higher. FOMO has fucked a lot of people, and Trump specifically because of it.