$FIL
I just saw someone sharing that his average cost of #FIL was above $200… and now it’s trading below $1. He feels like he may never even break even in this lifetime.
Back then, many people were influenced by different KOLs who kept saying it would skyrocket. A lot of investors believed the hype. Imagine investing $2 million in $FIL at those levels — today it would be worth less than $10,000. That’s a painful lesson.
Mining and holding without proper risk management has caused heavy losses for many.
However, if the community and core team manage the project properly, a recovery to the $20–$30 range is still possible in the future. After all, decentralized storage will always have demand.
The key is patience, smart strategy, and not getting shaken out during volatility.
What’s your view on $FIL long term? 🤔