@howsthebacon we’re certainly not at nail in the coffin stage far from it, but for those here a longer period time it’s tougher than it ever was.
I’ve been here 12 months now (god is it August already), took me 6 months to fully understand the platform and then we hit COVID19! I’ve made 20% profit during this period mainly by pure luck that my port was set up for the guys that hit decent MB during lock down and before the FOMO Sancho train arrived.
Those here longer it’s clear we’re making excellent returns, able to take a punt where it either made them loads or they could cash out with very little loss; those days are gone. I completely understand the frustration those players feel as it came without much warning, and the warning they gave was when IS was suspended due to COVID19 and they couldn’t change their strategy anyway.
This frustration has led to bitterness and resentment and a fair few people have either sold up and left or taken their capital out and are now playing with profit only therefore reducing their risk.
For anyone joining now you are in a much better place than those here before, you might not have a big port with massive dividend and profit figures but you no know the new game rules and structure.
We’ve all got to play what’s in front of us and those who can adapt will make good returns (unlikely to be the 100% people were getting before) but it will take patience’s and spotting opportunities.
The community (the vocal ones) are currently spilt, it’s for that reason I hope those unhappy can get out with profit and leave; I’ve been very critical of FI since true IS was removed but from a long term business point of view I understand the moves they’ve made so far which is what gives me confidence to continue here and not withdraw.
I firmly believe once we’re out of the current pandemic (second spike or not) we’ll see a decent dividend increase and massive growth. FI aren’t skint but they are being prudent to ensure they can survive the next 6-12 months if the worse case scenario happens; and that is good for all of us.
But I still want people to hold FI and their decisions to account, they’ll be more bumps along the way and people should speak up; for me it’s how they do that and what their real agenda is. Life ain’t all roses and champagne on other platforms I’ll tell you that much (I’m on 2 others), but they are newer and shinier and to be fair their customer service is bloody awesome so people will bang the drum loudly trying to get everyone else to come over so they make more money.
Anyway it’s 3am and I’m rambling because is can’t sleep in this heat but I’ll stop there I think.