The reason I didn't buy $MARGARITA at presale **4th April 2022**, **Monday** There is no doubt tropical finance projects are great! They work for people and their money. A few days back tropical finance released a new NFT marketplace wonder.cash from where you can list your own created a single NFT. There is no need to make thousands of NFT. DAIQUIRI was the first project of tropical finance. Which initially created hype in the SmartBCH network because 2000+ APR% in tropical finance staking and farming pool. Which can attract different whale investors. However, even if I am not a whale investor myself, I buy $ CLY with all the money I have and stake in tropical finance CLY/Daiquiri pool. I think I have shared the CLY/Daiquiri pool event before. So I do not want to say anything new. But is tropical finance's new project $MARGARITA following the same path as Daiquiri? Let's find out now from Tropical Finance's new project $MARGARITA.
On 18th March First announces a new tropical finance token $Margarita's presale on Twitter. First, they decided to presale the $Margarita at $0.065 per token. And they announce that they will release Margarita token in the marketplace at 15% more than the presale price which means ($0.072 per token) and comes with a variety of unique use cases. If it is released in the marketplace at a higher price of 15%, then a large amount of money will be available as profit, it is confirmed. This means that if you invest in 1 BCH $MARGARITA token, you will get a profit at the beginning of 0.15 BCH after the token is listed in the marketplace. Again if you invest in a 6.66 BCH presale then it is very easy to get 1 BCH profit from there. Which attracts all the investors very easily and quickly. It comes with a high percentage of APR. Which, of course, made you rich an overnight sensation. Haha. ****But previous experience kept me from investing even in the face of such a tempting offer.**** As the saying goes, people learn from mistakes. In my case, this is no exception. But in that case, I have accepted this offer differently. Because the tropical finance platform also likes haters. Haha. They keep open FlexUSD/MARGARITA and WBCH/MARGARITA pools for those who don't want to invest in MARGARITA tokens. They did it because they available MARGARITA for everyone. So I took the chance and stake my WBCH at WBCH/MARGARITA pool for earning a MARGARITA token.
Initially, I put 0.95 wBCH at the pool from where I started earning massive (Just for me, and it's $5) in a day. Because Initially, the APR was about 2000%. But the 4% deposit fees burn my ass. Because it's about 0.04 BCH or $15 The next day I saw what I didn't . The APR goes down to 250%. I felt shocked and thought it was impossible to get back the initial investment or the fees I gave to them. The APR goes down from 1950% to 250% because of one whale investor. Someone put $7500 worth of wBCH at this pool and the APR fu*ked up. Mine earning down $5 a day to $1.2 per day. Still, I was hoping that it's possible to get back the fees and earn a little amount of profit from it. Yaaaa, last night I did it. I got back my initial investment and started to gain profit. Although it's not much I'll keep my WBCH in that pool for a few weeks more until the **King NFT** arrives. The owner of Queen NFT Gucci said that he will release King NFT soon. After I fu*ked up with my investment in $CLY I'm struggling to get back or recover my loss. It's a huge amount of money I'm being rugged in Celery. I think only NFT can recover it. **The main reason I didn't invest in MARGARITA presale:** The main reason I did not attend the MARGARITA presale was my semester exam. An easy way to make a profit from presale is to sell it as soon as the token is released in the marketplace. If you hold on to a little more profit, you will lose your profit if someone else sells his assets for a small profit. Currently investing in SmartBCH tokens means **"Invest for a short term for a quick profit"**. In other words, now everyone is more interested in quick profit then hold asset for long term. ***Since my whole focus was on my semester exams, I couldn't concentrate on trading. As a result I did not attend the presale of Margarita token.*** I hope you like my content. Thank you, best regards.
4 comments
I didn't buy too coz I have to extra 😅
The only reason I didn't buy the Margarita is that I didn't have $0.1 BCH for investment 😃
My midterm exams are starting on the 11th of April and I don't know the whole syllabus, now mine main focus is also on Mids. After that will back again in trading world
Quick profit is very good, but high risk. I'm more interested in long term investment