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Crypto Currency Investors Thread - Investment (2255) - Nairaland

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Re: Crypto Currency Investors Thread by Lucremoy(m): 10:38am On Mar 12, 2022
FuckHomophobes:


Omouexxx them comot the $5 AETH wey dey my burner wallet sha.

The one wey pain me pass be say, the gas fee I sent to other people too, they also got drained.

Normally I did not trust them from the beginning grin . We move abeg.

Lesson learnt
at least na small thing comot
now man go dey more careful with all these things

1 Like 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 10:41am On Mar 12, 2022
Sailor1:
More impressive is ust...
Over the last month, its moved from under 11 billion to 12.6 billion....

Obviously, this has translated into price appreciation for Luna.... like I said previously, this mainly is the reason why outside eith, luna is another chain I focus on....
If ust and decentralised stables see the much needed adoption, then luna should do well as ust is minted on its blockchain....

Also, there's an increase in the staking reward of luna from about 4% to 9%
Growth of UST continues to be parabolic. Over the last 30 days, its shot up from roughly 11b to 15b with no sign of slowing down.... no doubt this has helped fuel the rally on LUNA as UST is built on it..

Getting a bit worried about two things...
1. As the market cap of ust grows, it'd attract regulatory scrutiny. Wonder if it'd retain it's peg to the usd under such pressure.
2. The 20% apr has remained unrivalled in the stable coyn industry. That's not sustainable long-term and be reduced. I wonder how the market would react to that

I wonder how many people here have their stables in ust

1 Like

Re: Crypto Currency Investors Thread by ThisisIkemefuna(m): 10:43am On Mar 12, 2022
jedisco:


Absolutely underrated.... Any asset I hold should be one with utility and one I can stake. Also, I'm skeptical of projects with very high staking rewards and not as much utility e.g axs, cake and most defi tokens as those high rewards mean huge inflation.

Better still are the juicy rewards on ust.... I know it wouldn't last forever, but now, most of my raw powder is stashed in ust....

My problem with staking is the rewards isn't very great unless opting for the non-flexible one (30-90days). Now if that coin pumps and the coin is still within the staking period, I can't sell.

2 Likes 1 Share

Re: Crypto Currency Investors Thread by Sailor1: 10:43am On Mar 12, 2022
Hamzashaf99:

Your fears were right. I'm learning.

On bitc0in, its much easier action trades from a longer time frame

1 Like

Re: Crypto Currency Investors Thread by ThisisIkemefuna(m): 10:46am On Mar 12, 2022
Sailor1:


On bitc0in, its much easier action trades from a longer time frame

Do you think btc bottom is priced in considering the feds rates hike rumors from the past weeks up to this day and next week?
Re: Crypto Currency Investors Thread by jedisco(m): 10:50am On Mar 12, 2022
ThisisIkemefuna:


My problem with staking is the rewards isn't very great unless opting for the non-flexible one (30-90days). Now if that coin pumps and the coin is still within the staking period, I can't sell.

Yeah..there are lots of things to consider when staking a coyn.
The thing is most people end up holding coyns thru major dips.
With bitc0in below its weekly support, most alyts will continue to struggle hence one can select a reasonable lockup period.
Another thing is to split your stash on a coyn into a portion you trade and a portion you stake...

Finally, some centralised custodial apps like celsius, nexo, youholder offer reasonable rates on some coyns without a lockup... that way, one can flip between coyns when needed and still earn staking rewards

3 Likes

Re: Crypto Currency Investors Thread by Tolu181: 10:56am On Mar 12, 2022
BlenzTalk:

Is it possible to stake SLP
you can check in binance staking list
Re: Crypto Currency Investors Thread by Tolu181: 10:56am On Mar 12, 2022
jedisco:


Absolutely underrated.... Any asset I hold should be one with utility and one I can stake. Also, I'm skeptical of projects with very high staking rewards and not as much utility e.g axs, cake and most defi tokens as those high rewards mean huge inflation.

Better still are the juicy rewards on ust.... I know it wouldn't last forever, but now, most of my raw powder is stashed in ust....
nice
Re: Crypto Currency Investors Thread by jedisco(m): 11:11am On Mar 12, 2022
I see the FA folks are back again... hehe.... when people get some basics wrong, they go haywire

2 Likes

Re: Crypto Currency Investors Thread by ThisisIkemefuna(m): 11:18am On Mar 12, 2022
jedisco:


Yeah..there are lots of things to consider when staking a coyn.
The thing is most people end up holding coyns thru major dips.
With bitc0in below its weekly support, most alyts will continue to struggle hence one can select a reasonable lockup period.
Another thing is to split your stash on a coyn into a portion you trade and a portion you stake...

Finally, some centralised custodial apps like celsius, nexo, youholder offer reasonable rates on some coyns without a lockup... that way, one can flip between coyns when needed and still earn staking rewards

Great. I'll head over to see how best to utilize my Sand and Mana bag during this depressed market.
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 11:34am On Mar 12, 2022
mixmastering:

Thanks.

By your question I suppose you mean alt.coins that can give mad pumps?

But for a long term investment,
my favorite coins would be
SLP and Shiba.
All time.
Buy it now or DCA into it as it goes lower.

People may not agree with Shiba as a choice but SLP is very good.
Shiba will hit 1 dollar but when?


Oga Shiba will never hit $1!!!

Current price - $0.00002370

Market Capitalisation - $12,280,000,000

Circulating units - 549,063,278,876,302


A price pump to $1for Shina will result in a market capitalisation of $549,063,278,876,302!
This is more than all the money on the African continent and North and South American continents combined!

The only other way to achieve a price of $1 for Shiba while still maintaining the current market capitalization of approx $12 billion is to reduce the number of units in circulation to 12billion.

To do this means burning 549,050,998,876,302units which is about 99.99978% of the total units currently in circulation.

Abeg oga make you tell us how dem wan take do am?!

8 Likes 1 Share

Re: Crypto Currency Investors Thread by Jameselias: 11:42am On Mar 12, 2022
Tolu181:
i have about 24sol staked
where
Re: Crypto Currency Investors Thread by Babalakin(m): 12:28pm On Mar 12, 2022
santos123:
This your advise funny o. You listed virtually all the all the coins in the world? Shiba reach one dollar?are you sure you are not one of those twitter influencers that told me Blok will reach 1 dollar? Sobs embarassed. Fear God o
maybe it will reach $1 in the next century. He said he doesn't know when,remember? grin... I'll be super happy with 1 cent in 10 years kiss cool
Re: Crypto Currency Investors Thread by Chikacha: 12:34pm On Mar 12, 2022
ElectronicMoney:


Oga Shiba will never hit $1!!!

Current price - $0.00002370

Market Capitalisation - $12,280,000,000

Circulating units - 549,063,278,876,302


A price pump to $1for Shina will result in a market capitalisation of $549,063,278,876,302!
This is more than all the money on the African continent and North and South American continents combined!

The only other way to achieve a price of $1 for Shiba while still maintaining the current market capitalization of approx $12 billion is to reduce the number of units in circulation to 12billion.

To do this means burning 549,050,998,876,302units which is about 99.99978% of the total units currently in circulation.

Abeg oga make you tell us how dem wan take do am?!


I agree!
The answer to the HOW question go take too long na. Make we start from which of the holders coin them wan Kkollect, burn to get 99%, wey everyone get millions in unit so?
In short, make we try nor dey put SHIBA, INU, with 1USD/UST/USDC/USDT for one sentence abeg, it is too stressful.

1 Like

Re: Crypto Currency Investors Thread by Agentsalt: 12:56pm On Mar 12, 2022
Why is nobody talking about HBAR?
Re: Crypto Currency Investors Thread by Babalakin(m): 12:59pm On Mar 12, 2022
dryakson:
Holding KCS on Kucoin exchange is the best.
how do I earn by holding it.. please explain. Thank you.

1 Like 1 Share

Re: Crypto Currency Investors Thread by jedisco(m): 1:10pm On Mar 12, 2022
ThisisIkemefuna:


Great. I'll head over to see how best to utilize my Sand and Mana bag during this depressed market.

Don't own any as I didn't buy into the initial metaverse hype... I believed that was the initial hype which is usually followed by a dip where the true value of the space is tested. They're both L1s and should come true if the metaverse isn't a fad...
On the monthly, they both look atrocious against betece
Re: Crypto Currency Investors Thread by jedisco(m): 1:16pm On Mar 12, 2022
jedisco:



Xrp/eith monthly chart... what do you see?

Xrp again...seems to have pumped off some news on it's court case

For folks still holding xrp, a rally this month or next on the Xrp/eith chart to between 0.0004- 0.0006 might provide a rare opportunity to change allegiances.... cos if the market starts dipping, you don't want to be holding the wrong stuff

1 Like

Re: Crypto Currency Investors Thread by dryakson(m): 1:23pm On Mar 12, 2022
Babalakin:
how do I earn by holding it.. please explain. Thank you.
Just hold in your wallet and you will get bonus every day

2 Likes

Re: Crypto Currency Investors Thread by Nobody: 1:27pm On Mar 12, 2022
The opportunities in the mkts are unlimited..
Wkly target hit!!!
Still searching for more opportunities...
Buying a landed property this year, doing what I do best.

2 Likes

Re: Crypto Currency Investors Thread by Neverlosemoney: 1:31pm On Mar 12, 2022
.........................PONZI OR DEFI...............


[b]To casual observers, much of today's Decentralized Finance (DeFi) might look like a collection of Ponzi Schemes. Projects bootstrap by offering high APYs for their token and design complex systems around them to attract DeFi power users who are rushing in to capture short-term high returns.

The high APY leads to more and more tokens being released which in turn destroys the price of the project's coin and leads to a long decline. This sounds like it comes straight out of a 'How to Ponzi' playbook but of course, the truth is more complex.

Projects that manage to gain sustainable traction and develop use-cases around themselves, can, in theory, escape the downward price spiral. A controversial yet popular example for this is LUNA, a project developed by Terra Labs. LUNA, the system's governance token, has substantially outperformed both the overall Crypto Markets as well as the NASDAQ recently. This is mostly due to the popularity of its Stablecoin UST that pays a market-beating ~20% APY. In a bearish market, such a high yield on a Stablecoin is extremely attractive to traders.

LUNA and UST are deeply interconnected. Each time $1 of UST is created, $1 of LUNA is burned and vice versa. The more demand for UST, the more scarce LUNA becomes and the price is pushed up. No other backing for UST exists other than that. It is the market's 4th largest stablecoin. The ~20% yield comes from various operations such as lending and staking income which the underlying projects generate. Is this sustainable? Some within DeFi don't think so. But the LUNA/Terra ecosystem is backed by large funds and its mobile payments platform CHAI is used by thousands of merchants in Korea. Also, the project could decide to decrease its yield at any time, once it moves from bootstrapping to a more mature stage.

In the end, DeFi is a large experiment on economic incentives. What looks like a Ponzi could easily turn out to have been one in hindsight but just as easily it could see the adoption growth required to become sustainable over time. Whichever way it will turn out, it will seem 'obvious' later on. As a popular saying in Crypto goes: 'DYOR: Do your own research'. 
 
Trade and invest safely from CoinRule[/b]

1 Like

Re: Crypto Currency Investors Thread by Innomama7(m): 1:33pm On Mar 12, 2022
bnb1yjlk7f47qf0z97ph6pxc00s2s0yw048edmtjtw abeg make una put small money for my BNB I one take feed
Re: Crypto Currency Investors Thread by Englishisamust: 1:55pm On Mar 12, 2022
adebowalepeter:
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Re: Crypto Currency Investors Thread by Prayfortheworld: 2:12pm On Mar 12, 2022
dryakson:
Just hold in your wallet and you will get bonus every day
What coin will i hold
Re: Crypto Currency Investors Thread by Nobody: 2:22pm On Mar 12, 2022
dryakson:
Holding KCS on Kucoin exchange is the best.
How can I make dough from this, bring. Wud really like to know
Re: Crypto Currency Investors Thread by dryakson(m): 2:32pm On Mar 12, 2022
Prayfortheworld:

What coin will i hold
$KCS
Re: Crypto Currency Investors Thread by dryakson(m): 2:36pm On Mar 12, 2022
QuitNotice:
How can I make dough from this, bring. Wud really like to know
Just buy and hold it either in your spot, margin wallet.
Plus Kucoin is a nice hold. Burning frequently

1 Like

Re: Crypto Currency Investors Thread by Babalakin(m): 5:17pm On Mar 12, 2022
dryakson:
Just hold in your wallet and you will get bonus every day
been holding since June last year, didn't see no bonus.
Re: Crypto Currency Investors Thread by Henuell(m): 5:26pm On Mar 12, 2022
House abeg is token pocket wallet good to keep my BTC?
Re: Crypto Currency Investors Thread by olaide68(m): 5:31pm On Mar 12, 2022
Solanaa:
Thanks so much,pls how can I fund my account after registration?
Pls,!let's discuss on watshap my number is 08169496284
Thanks



FTX, It has a cheaper maker and takers fees compared to binance

And guess what?

It has zero withdrawal and deposit fees compared to binance that u have to pay about $1 usd per withdrawal angry angry


Register using my refferal : ftxdotcom/#a=80628438

Replace dot with .

Or simply add the “80628438” as your referral Id when signing up. Enjoy!!!!!
Re: Crypto Currency Investors Thread by Tolu181: 6:02pm On Mar 12, 2022
https://discord./VZ7MsbyT


I need you to help me join

A derivative tho#sol_nft
Re: Crypto Currency Investors Thread by Taidi(m): 6:14pm On Mar 12, 2022
Babalakin:
been holding since June last year, didn't see no bonus.
U must hold minimum of 6 atleast

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