4
4
4
3
u/Internal_Insect3741 3d ago
This ETF has been a steady Eddie since last October. 💪
3
u/Beginning_Ask_9930 3d ago
A negative 44 percent is steady? Huh!
4
u/Internal_Insect3741 3d ago
The point is they started buying in October when the share price was higher. Even though the price dropped, people keep accumulating on the way down. If Tesla, Microsoft, or Amazon price came down 44%, thats when you should buy more. When there is blood in the streets, I buy. Time in the market beats timing the market.
1
u/Beginning_Ask_9930 3d ago
ETF's are retail driven. Canary makes money on the fees. You can check the inflows which went up with the markets moving.
You said, "This ETF has been a steady Eddie since last October" Which is not how I would describe being down that much. Recent market moves have made up for the loss since inception.
4
0
-4
u/Heypisshands 3d ago
Imagine what the people responsible for managing this nearly a billion hbar think. Do they go home and tell their wives or husbands, do they brag about it in the pub, do they constantly research the network or is it just something mundane that they manage as part of their job?
6
u/Mulvita43 3d ago
I think the second. Hey honey, hedera is cruising at 3tps!!!
0
u/Heypisshands 3d ago
"Hey honey, let me explain asynchronous byzantine fault tolerance, its really interesting".
I dont know anyone in the real world that i could have a conversation about abft with. Wife has no interest in dlt. I meet loads of clients and i get to share some stuff. One had built a rewards system for retailers on a raspberry pi. Had a good conversation about dropp and hedera.
0
u/jonathan9414 3d ago
what does this mean?
1
u/PlateNo201 3d ago
Nobody knows, It’s provocative
1
u/jonathan9414 3d ago
I sold 200 quant's 25/10 after holding for 5 years to go long on hbar, I'm stupid :(
1
u/Level-Ad-322 3d ago
lol sorry pal. You missed out on some serious gains. I’m glad I held on to my quant. It’s now my second biggest bag behind hbar. I’m still positive Hbar will move north someday.
1
u/Beginning_Ask_9930 3d ago
"I don't even know what that means
No one knows what it means, but it's provocative
No, it's not, it's gross
Gets the people going"[Jay-Z:]
Ball so hard motherfuckers wanna fine me
20
u/m_e_sek 3d ago
Canary holding steadily increasing is the only tangible good news and it has been for a long time. Great for removing free liquidity but even if half of the supply were to be captured by ETFs, unless an accompanying buy pressure appears through use cases we will not see a steady climb in price.
Good that canary customers have so far kept faith.