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Furio smartly & quickly pivots, in an ever-adjusting market
Have you ever watched as a slow-moving disaster potentially unfolds in front of your eyes? These days, we all have.
There’s usually 2 responses: stand helplessly by & do nothing; or, jump out of the chair & try to help the situation. You may not know which type of person you are until the moment you find yourself rushing forward, hoping to catch that child before it lands.
In the financial world, investment opportunities are ever-adjusting, & this Fall has been a doozy! This is especially true in the very specialized crypto investments space.
My crypto mantra has always been: “The market goes up, the market goes down; repeat process.” So as the market goes down — traditionally more so in the Fall in the US anyway — I’m not terribly concerned. I’m looking forward to the Northern Hemi Spring to warm everything up in a few months, encouraging everything to grow beautifully. Stick around…The market goes down, then the market goes up; repeat.
Meanwhile…
As the market is ever-changing, I’m thrilled with my investments.
My favorite one, Furio, has taken the opportunity to pivot & adjust in this crazy market, instead of sitting idly by complaining about how things are going. As the cold Fall creeps along, Fear Uncertainty & Doubt are filling investors heads. Furio meanwhile, hasn’t stood still.
The Furio Development Team (FDT) jumped out of their seats & came up with a plan to strengthen the project for the future. To do so, they had to reduce the average price of FUR from around $5/FUR to average $1/FUR.
An uproar ensued.
I’m thrilled about the number of comments — both good & bad — about the Dev teams project-saving decision. It shows the large number of people invested into the project, & it shows the passion & emotion behind each one. Kinda beautiful…
Reading through the comments, though, overwhelmingly those who are upset also seem to realize — by the end of their missives — that it was the right thing for the FDT to do. Emotionally, they’re pissed; but intellectually, they get it.
When folks become nervous, anger can quickly overwhelm, ultimately hurting everyone, including those doing the complaining. Unfortunately, the cacophony can create a negative feedback loop, a vortex spinning in the wrong direction, pulling everything around it to the bottom.
To make matters worse:
Funny, but that’s just about the time when those sad DeFi Trolls who have been lurking in the shadows — como cucarachas — suddenly show. You’ve read their articles, I’m sure, telling everyone how stupid they are. Here they come…
I appreciate how the FDT is working overtime to tamp down some of that misplaced anger…Below is an abridged version of their overall response to the uproar; the full text is here.
Furio Development Team:
“…It’s not all doom and gloom though, there are always projects, companies, commodities, sectors etc that appear to buck the trend.
There are also transparent projects in crypto that will do their utmost to navigate these challenging times and are not afraid to make the difficult decisions.
Crypto and finance within crypto only has a future if people can move away from the mindset of “well if it lasts 3 months and I get my money back that’s a result”.
People really need to take a look at the potential sustainability of projects and the agenda, visibility and track record of participants.
So against this backdrop we go back to the question …. are we positive?
- Furpool is adding 120 and 150 day options
- Furpool about to add direct staking from claims with lower taxes
- New liquidity options being finalised with exciting gamification
- Furio Finance about to launch
- Furio Finance has game changing ideas and concepts
- Furbot open staking pools about to launch
- Furbet positioning will be resolved
- New additions to Furmax
- Furio Management Services to be launched
- The BIG ALPHA
So yes we are positive, excited and working hard.
We respect everyone’s involvement within the project and will do what is reasonably possible for the betterment of Furio.
Crypto is in unchartered waters now. It has never had to function within a global economic situation like this. Many of the participants in crypto will never have experienced these type of conditions in their lives.
If ever there was a time for calm, clear and concise decision making, it is now. Stay safe and stay smart.”
I receive some of the best information from the FDT directly. It’s a great place to go when you are feeling unsure.
About Furio:
Want to know more & be brought up to date? Below are links to the articles I’ve written about Furio this Fall.
Starting out, it’s important to get to know the project before investing. Below is a deep dive into the fundamentals of Furio.
The Furio investment projects are not like those pocket-change investment protocols (aka online gambling portals), in that Furio is prepared to be around for some time. Below I compare a fly-by-night gambling project with the longevity mechanics of Furio.
There is a lot of competition out there, & it’s tough when there are only so many current investors to go around. Some project stay & thrive, while the rest may ultimately meet their demise. I loved Drip Network, but see the barn door closing fast on that project.
“Furio — A better Drip” is the article I read that brought me into the Furio fold. Below is a fond Goodbye to Drip; Furio is discussed.
Furio appreciates the long-term investor who was there from the beginning (See FurMax*)…However, at a certain time, it’s time to move on & let the next generation of investors benefit as they have. Even in a perfect world, you can’t stay forever…
So Furio invented a way to make more room for the rest of us, by moving those usually entrenched Whales along. The article below describes the process. It’s called the “Logan’s Run” feature:
How do I take the most advantage of this investment tool, without much to invest? Through Furio, there are many ways. Below is one avenue that allows an investor to still dip a toe in, but without committing too much of her/his life’s savings.
Another investment strategy is to create as many wallets/accounts as you feel you can afford, then compound the heck out of each of them. Creating a wallet network — the Reticulated Wallets plan — allows one to invest into the project without the need for referrals. It’s a simple stay-at-home business plan, below.
Thx for getting this far. I hope you found something valuable in this opinion piece concerning the crazy crypto world we live in. I’m not a financial consultant, so please don’t consider this financial advice; I simply enjoy researching & investing into smart crypto projects…
If you appreciate this conversation, 👉 Follow, Clap 👏 and Share 👐 it!
I encourage friends to only play with what you don’t need. Thx again.
Shameless Plug:
Thx again for joining me for this conversation. I’m chronicling my years-long journey into the Furio Investment project. Glad to have you follow the adventure…
Participants can purchase $FUR from the platform’s Swap page. To deposit into the Furvault, you will need to join by manually adding an existing investor’s referral/wallet address into the buddy referral system.
Note: If the Buddy/Referral line is left blank, the referral rewards go to the Development team at the top. I’m sure they are thrilled to receive it; I bet they get a lot, though. However…
Investing into the project through my referral link will provide a small compensation, & is a fantastic way to let me know that these conversations are beneficial.
I’m honored to be your Buddy…
My Furio Buddy address is:
0x024ee915c2BF9d12F98b750119051A752e18CAa0
Thx again for reading…
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