Was often asked about my opinions around $Qubic.

Technically leaking it lost the last stand of 2 -2.2 k / bil on the daily which makes the chart look really bad, there’s no sugarcoating there.

Fundamentally this remains one of the strongest ones out there IMO, but in challenging market phases this doesn’t always have to mean much.

Looking at it objectively this is status quo:

+ Great fundamentals

+ Strong roadmap and upcoming catalysts

+ Fair launch

+ Strong tech

+ Strong dedicated community

- ATM relatively high inflation (1% / week)

- Lost crucial support on the daily

IMO the shorter term future of $Qubic will depend a lot on 2 things

1️⃣ General crypto market

2️⃣ Turning inflation to deflation

First of all it will need a stronger general market to turn this ship around and IMO it will need an approach more focussed on making tokenomics deflationary.

The basis for the burns is there but it needs an approach to make it happen (I know team is discussing possibilities for this as we speak).

What do I personally do (NFA!):

- I‘m risk free on $Qubic as I took some profits around 10k / bil

- I put profits in again between 2.2k-3k but still risk free as my initial is out

- I will hold it as high risk high reward kind of play because I think it still could turn this ship around.

However: this is just me - I highlighted the facts here in a very transparent matter and it’s up to you to decide.