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Re: lakers17 post# 2586

Wednesday, 06/15/2022 5:39:45 PM

Wednesday, June 15, 2022 5:39:45 PM

Post# of 7597
We have been exploring platform options and we have been watching some new tokens launch at the same time on these platforms.

Having watched other projects launch - that are much bigger and had weeks of planning and building of momentum - we conclude buying momentum is just not there in this bear market. And we think the bear market is far from over.

Meanwhile, we are redefining our investment strategies to be more divers. Aside from RBL Token being halted with 155 BNB liquidity, we also have the investment portfolio to deal with that mainly holds halted SD tokens (portfolio valued 150 BNB at the peak, but dropped significantly due to panic selling across SD markets and BNB dropping further ever since). We got double hit and need to be careful and spend dollars wisely now.

However, we have been rebuilding a smaller portfolio (Cryptoblast as an example) and we are trading large caps in order to secure some profits which benefit RBL holders through buys and burns of RBL Token as soon as things are resolved with SD and RBL is relaunched. Best we can do for now while we wait for SD recovery first and reconsider options then.

We are monitoring everything FEG and SD on a daily basis and we do like the plans ahead with SD2.0, new branding and the new FEGex features. Will require some patience for sure, but for now the bear market gives the opportunity to wait and see.

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