Recognize an opportunity and take a risk.

A user with his comment has given me the opportunity to tell what happened to me with $AXS

In November 2021 I saw that AXS had very good stacking percentages, more than 40%, if I remember correctly. I bought 2 AXS, they were $140 each back then.

Then $BTC started to go down and as you know, it dragged all the crypto.

I bought 2 AXS for $100 and bought 8 more for $40. But BTC continued to fall dragging everything down and I bought 20 more AXS at $10.

It became worth ~$4 in November 2022 and I saw that BTC, after having touched 16k, was going up again so I bought 100 more AXS, spending ~$400. I have always had them all automatically stacked for 90 days, I had more and more and now I have almost 193 AXS.

I have spent ~$1300 in total and the current breakeven point (BEP) is at $6.73, above this I already have a profit, in any case the BEP continues to go down every day because I continue accumulating AXS with stacking.

There was no way to recover my initial investment of $380, if I had not invested more taking advantage of the dips, I doubt AXS would recover $140. What would happen if AXS goes back to $50 for example? All of this, as we know, depends on what BTC will do, but I could sell all the AXS at $7 and I would have some profit, I don't have to wait for it to return to $140 to recover my initial investment.

This is NOT purchasing advice!