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DRIP — Wen $5? 💧

Bernard
4 min readOct 1, 2022

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It will DRIP back down to $5 soon enough.

When it comes to DRIP, there are only two types here on Medium, Reddit, CoinMarketCap, and in general.

There are those who call anyone who dares call into question this scheme a FUDDER and then there are those of us who range from skepticism to considering it a complete sham.

While I definitely fall into the latter school of thought about this scheme, I concede that it does have some value so long as some level of demand remains for the tokens supplied.

Months ago, I came close to getting swept up by the shillers’ stories about how to quickly turn a few hundred or thousand dollars into hundreds of thousands or even millions. There are those who either truly believe that they will attain millionaire status from a small investment in DRIP and others who just constantly write about it to attract others into their “downstream,” and thus collect some percentage of real money from them.

DRIP shillers constantly write “stories” like these.

I was so intrigued by this seemingly too-good-to-be-true scheme back in March that I cobbled together three thousand dollars which I went to sleep many nights in a row considering gambling in this. The token price had fallen to $58 when I wrote that story.

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Bernard
Bernard

Written by Bernard

A married father of two adult children and a Morkie. Long-time economic developer, former P.O., avid reader, thinker, investor, and walker.

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