jedisco:


I have some staked coyns on binaz but also use other platforms

jedisco:
For those asking, on this dip, I'm focused on getting entry into midcaps within 1- 5 billion usd market cap... Preferably those sitting on their weekly support...
Looking at crv and chz in this group.

For micros below 1 b usd cap, still same coyns I've been compounding

These should offer good risk/reward going forward

Hazardd:
pls how does this staking work.. is it good

jedisco:


I had shared thoughts and resources I found useful on early pages

Khaytunechi:


Hello. Thank you very much for your insightful posts. An ardent follower here.

I want to ask, when I see something like 110% APY for locked staking, does it mean one gets a hundred and ten percent of what you stake? Or is there a different metri they use to calculate this.

You called CHZ, I got it for long-term, then you mentioned it's more profitable to put your long-term holdings into launchpools and staking. So I did for my CHz about ten days ago then added more to it yesterday. Thanks for the calls.

Oyindamolah:
Xrp
Arweave
Elgrand
AXS
BTS

jedisco:


Good to know you find the thread useful. Hopefully, chz brings the desired return
Apy- annual percentage yield. The rate you see is calculated per annum which is what you'd get if held for a year... Of holding for less, you'd have to divide accordingly....

Also there's some difference between apy and apr... Apy takes compounding into account

Mazinewmoney:
Following with reckless abandon

Khaytunechi:


Thank you. Got it now.

One more thing, please. Let's say a coin is worth 0.1 when you staked it for a year, then six months later, the price shoots up to 0.5 and you decided to not go all the way to a year, so you want to take it out after six months. Will you get the current value of the coin (i.e 0.5) with interest, or since you didn't wait till the 1 year duration, you'll get 0.1 with 6 months interest?

It's maybe a simple question but I just want to be sure.

Timekeeper:


Boss my sincere apologies... I was just angry Dt u lost money to Dt kind of stuff... It's painful.....

I hate to hear it when genuine people lose money to scammers.... It's hurt me so much..


Sorry for my comment... It was out of point... I was just angry..


I'm sorry Boss

Sailor1:


So far, it's been layer 1s performing well... Eith, bnb, sol, ftm, one...the list goes on

Layer 2 coins have generally struggled... Even on eith, the like of aave and uni have struggled to keep up....
Money will definitely flow into layer 2s while layer1s cool down but it's difficult to say when and I don't think the time is ripe yet....

Cake looks nasty against bnb though it is at a weekly support against it now. That support hasn't been traded as well so its difficult to say if it'd hold...

The staking rewards on cake are good (abt 75% on pancake swap) and abv elsewhere. I have some I intend to keep for the duration of this market cycle. Considering it's market cap and price, I could see a 5x this market cycle and might even outperform bnb at some point... But I wouldn't be converting more of my bnb into cake just yet. I'd rather ride both until the advantage becomes more obvious....e.g if cake keeps selling off into the lows

Cake/bnb... Cake has been shockingly underwhelming against bnb... Brings me back to portfolio allocation

This is clearly a reason why when I'm bullish on a chain, I want to hold the base layer coyn...

All smartchains are structured in such a way that the layer 1 coyns would in the long-term outperform coyns built on it... All fees on bsc are paid in bnb, same also most defi protocols on bsc have more bnb than any other coin locked in. If you look at CAKE, it serves little or no function unlike bnb...

That said, money will still flow into layer 2s and there are some early signs that's beginning to happen e.g crv and matic... And they'd sure outperform eth at certain times of the market but not in the long term...

The main reason I hold layer 2s is to use their intense rallies to boost my layer 1 portfolio..... On cake for example, I'd convert some bnb into cake if it bleeds into the lower levels...

jedisco:

MapleBae2020:

@jedisco I hope you're ok. It's been a while. Just checking up on you boss

jedisco:

Can't overstate this.... Times like this are why it's good to earn interest on your crypt0 holdings and look at the bigger picture.
Also, portfolio allocation is key... Even with all the blood... Some coyns have held up better than others. e.g Avax, Luna....

My main sell these past weeks was my matic holding. Sold at 2.4 and bought back at 1.8.

Overall, with all bitc0in selloffs this year, it always goes down in the coming days-weeks to take out the initial low which will be 42.5k in this case....