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Blox Labs Inc. C.BLOX

Alternate Symbol(s):  CRYBF

Blox Labs Inc. is a boutique technology development company that is focused on creating best-in-class software solutions that are driven by emerging trends in Blockchain, Smart Contracts and Decentralized Application Technologies. Blox Labs is actively targeting strategic acquisitions of high growth companies in the technology sector and is open to partnerships.


CSE:BLOX - Post by User

Comment by Nnwwzzon Jun 21, 2021 5:58pm
117 Views
Post# 33424688

RE:Testing and approvals

RE:Testing and approvalsHere's my thing about this. As a long, I feel that if simple statements of the risk like this (without accompanying spam or repetition ad nauseum) appear as an attack or a FUD, then you're not long enough. Your belief is insecure to the point of not being able to withstand the reality of the risks involved and you lack faith in the company. As someone who's conviction in the company is solid, it doesn't bother me to acknowledge these risks, and the possible loss, pitfalls, or delays of gratification, that they entail. If we have to wait longer in order to reap the benefit, that's okay with me. I'll just keep accumulating at these levels, so that when I derisk, I'll have a larger chunk of shares to let ride, since I'm not rich and split my investment buys with the portion of my check that I allocate to my portfolio. This means I'll be accumulating for a while. I think this is the case for the average investor. Slow accumulation is useful. Let's you really dive deep into the company, the risk/reward, and dca to a decent avg entry. But for those acting more fast and loose, like not staggering their buys and plopping down huge sums one time, this may not be satisfying because their risk is great relative to their reward. I started with just over 2k shares at a 0.94c avg and now have over 10k at 0.55. Hoping to get it much, much lower. People's time horizons need to be much longer. 3-10 years, vs 3-10 months. Just my opinion about why the conversation is so damn toxic and useless rn.
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