Cub differences - An attempt to record

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(Edited)

So, the value is decreasing but yet no need to worry about it as I believe Cub and Leo are solid projects that will not let the investor down.
Although I do not know the technicalities and also will not write a 'long' post to just grab some more Leos and Neos in the form of votes or for that matter Hive, I am writing it down as a post and including screenshots of my investment thanks to the devs of Friday Deathwing and Rishi.

This is for my own reference, by the way.

I should have done such a thing for splinterlands too, my bad.

March 15, 2021, 2.35 PM

March 17, 2021

say caub.JPG

cub.JPG

Do you notice the difference in values?

I heard terms like impermanent loss and I am not even sure what it means but I do know that my investment is far less than what many have put in. So, I do not have to fear much.

Anyways, I am also not leaving splinterlands not only because I love to play but I believe the game still has a great future and we are now seeing an influx of new players who are really into the game.

March 18, 2021 Thursday
thusr.JPG

March 19, 2021
Friday 11.41 AM
friday.JPG

image - screenshots

Posted Using LeoFinance Beta



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4 comments
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It’s not that hard to understand but you must put some effort and read up on it. We are all learning as we go as this thing is less than an year old even in the crypto industry.

https://academy.binance.com/en/articles/impermanent-loss-explained

Notice as the price dropped your Cub holdings increased and you BUSD holding decreased, and you net value decreased. That is impermanent loss.

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Thanks so much for explaining it. :) Now on the scramble to get more decs.

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