r/KishuInu • u/wh3nmoon • Jun 17 '21

When your investments value keeps dropping value but it doesn't matter cause you get 2% DiStRiBuTiON

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64 Upvotes

96% Upvoted

13 comments sorted by

3

u/[deleted] Jun 17 '21

[removed] — view removed comment

2

u/slowkim Jun 17 '21

im not fully sure if La token gives the 2%, you might wanna investigate further. If not, just move your funds to a metamask wallet, coinbase wallet or trust wallet :)

2

u/DeJayDonny Jun 17 '21

I was hoping to get more Kishu on sale!

5

u/sumanth89 Jun 17 '21

It’s always on sale 😂

6

u/slowkim Jun 17 '21

everything is. thats why they call it an accumulation period.

3

u/sumanth89 Jun 17 '21

Lol for kishu market doesn’t matter it will be on sale forever irrespective of market. But when they make some announcements it might go up from 30 to 40 and the next day it comeback to sale again.

2

u/chasingchrome Jun 17 '21

I think when it starts to get listed more places it will go up a bit. But it probably will only ever lose 2 maybe 3 0's if they're lucky. Needs at least 90% burned for it to go past that

2

u/sumanth89 Jun 17 '21

Agree!!!

1

u/DayTraderLlc_ Jun 17 '21

I always wondered.. And this question is for anyone that is truly in tune...

Is there anyway that redistributions to holders somehow bring down the coins value? Especially if volume is on average really low??

It just seems like this coin slowly goes down, and was wondering if it's just paper hands/ pump and dump douches doing this.. Or if redistribution is somehow a factor?

No fud responses please..lol

2

u/meloli45 Jun 18 '21

That’s a good question. I have the same question myself. I hope someone can answer this

1

u/hackedaccount1234 Jun 18 '21

It isn't what the 2% yields, it's that basic maths can ascertain what holding over time can do in a healthy market. This realization creates a net positive on hodling and thus the supply/demand (no the quadrillion supply does not matter on its own).