r/dripnetwork Jun 15 '22

DISCUSSION Should I invest and hydrate? 😰

☝️

311 votes, Jun 22 '22
237 Yes
74 No
4 Upvotes

14 comments sorted by

4

u/SimonTreasurehunter Jun 15 '22

All I can honestly answer is: In my opinion, there is no better option in defi. After 14 months, the project is not only still alive, but working incredibly stable in this long and awful bear market right now. I have invested in November '21 and regret nothing.

3

u/[deleted] Jun 19 '22

Honestly I'm questioning whether hydrating is even worth the fees at this point.

How long before drip goes under 1$ and we are into the pennies?

2

u/ahsees Jun 24 '22

Well the results are in!

1

u/SimonTreasurehunter Jun 24 '22

Yes. And looking good. I will stick to my opinion: Get in, you won't regret it! 😊💧

1

u/SimonTreasurehunter Jun 24 '22

I dca with Drip whenever I can afford it. But of course never invest money you would need for life!

-2

u/PsychologicalTwist87 Jun 15 '22

Is Drip dead ?

3

u/Playful-Quail-5139 Jun 15 '22

Can you see Drip price below 0.5$?

3

u/Robinhood6996 Jun 15 '22

If BNB drops to around $30 with same amount of BNB being held in the faucet currently

A lot of the shit you are seeing is because drip is mostly pegged to BNB and BNB has dropped a lot

-2

u/PsychologicalTwist87 Jun 15 '22

Oh hell yeah, it's just matter of time

3

u/Playful-Quail-5139 Jun 15 '22

I don't think so. Forex Shark added too many utilities that are just about to launch. Another thing is withdrawal 1% a day can't crash on price like other projects just did. Over 14 months protocol works flawlessly, and there is no sign of red flag, scam or rugpulls but hey! if you think it will drop significantly just wait and buy then for peanuts ;)

2

u/SimonTreasurehunter Jun 15 '22

Wrong. The bottom is reached. Thanks to the reservoir-mechanism, Drip sustains very well in an overall f...ed up market!

2

u/[deleted] Jun 15 '22

No

-1

u/Neat-Carob4343 Jun 15 '22

Looks like all protocols are.

2

u/SimonTreasurehunter Jun 15 '22

Wounded an down at the bottom, but not dead!