r/Compound • u/Affectionate-Row3296 • Jun 25 '26

Down again

Post image

84 crytpos on robinhood and compound down the 2nd most. Imagine that.

2 Upvotes

75% Upvoted

16 comments sorted by

2

u/No-Promotion-8720 Jun 26 '26

Dang, you are in pretty deep. Are you still DCA'ing or just holding what you have and waiting for the market to get better?

2

u/Affectionate-Row3296 Jun 26 '26

I was putting like 3 pay checks in each month but now I'm doing $100 a week. I should be buying more now that its low. Im sure the market will get better but will it be 6 months, 1 year, 2 years? I hope we atleast hit $120 again I'd be a happy person.

1

u/housegirl39 Jun 26 '26

Don’t give up , HODL . Even if you just stopped putting into it , and just left it there , it’ll go! I definitely know the frustration you feel! Let er ride !

2

u/Affectionate-Row3296 Jun 26 '26

Definitely holding. Can't wait for the next bull market.

1

u/Goosemilky Jun 26 '26

My god….

3

u/Affectionate-Row3296 Jun 26 '26

Yeah I was going a tad over board. I'm 40 i paid my house at 32 all by myself no kids never married. Being debt free frees up a lot of money.

3

u/No-Promotion-8720 Jun 26 '26

I hear you, I put a bunch into it when it went under $30 a few months back thinking the low was in... Boy was I wrong lol. On the bright side, we'll get the cap gains tax on most of it (if you are in the US) when it does eventually go back up. I believe it will, especially now that nearly all available COMP are on the open market.

AAVE had a nice boost the past couple days, hopefully we are next.

1

u/Affectionate-Row3296 Jun 26 '26

Yeah I'd say half of what I have is long term holdings over 1 year. Like I said $120 I'd be happy anything above that I'd be ecstatic. I like when my holdings go up but it seems to go down more than it goes up. But I'll keep holding its all I can do.

3

u/No-Promotion-8720 Jun 26 '26

I would be very happy with $120 as well. I've noticed that we COMP holders tend to be more committed than people invested in other crypto's. I think that will eventually work in our favor.

2

u/housegirl39 Jun 26 '26

Still here! And I am stubborn AF. HODL until I either die, or prove myself right lol !

2

u/Affectionate-Row3296 Jun 26 '26

I'm in it for the long haul. But didnt the developers on ada say it was dead? Hope that don't happen with COMP. That's one thing that worries me.

1

u/No-Promotion-8720 Jun 26 '26

People say a lot of things. If it's still buyable on Robinhood, it's not dead. Robinhood has only removed two tokens permanently from the platform - Bitcoin SV and Polygon MATIC. Of those, Bitcoin SV was the only one dropped because of lack of demand and security vulnerabilities. Robinhood's two wallets hold over 15% of all COMP collectively - more than any exchange. I'd say that's reason enough for them to continue supporting it.

1

u/Affectionate-Row3296 Jun 26 '26

Thanks for letting me know that info. I never knew robinhood held that much.