Bitcoin Forum

Hello,
are you holding NEXO tokens? I bought this coin because it seems like a great project where you can earn some profit by holding their tokens.
But I recently found some calculation how much money they will distribute to holders. Probably, they will pay around 0.0002USD per 1 NEXO in your wallet, so if you hold about 100k NEXO tokens in your wallet you will receive about 20USD.


This is not very interesting for me.
What are your expected earnings? Do you think that still NEXO is a good coin to HOLD?

the token wasn't marketed everywhere which i think not much of us heard of it. there are lots of tokens taht offers dividends actually but end up not giving anymore. i noticed their threads never discussed dividends anymore. i use to like TAAS because they giveaway every quarter but now that ETH rose, they online give less than $5 each quarter. i almost think they are scam even that ETBS. the term dividends i think has issues which now they just replace it with "airdrop".

Many people believe in Nexo because they want cryptocurrency as real-world utility as a way of payment and transfer of value. Their cryptocurrency lending project could someday become huge. I won't suggest you anything but it might worth a risk.

I think that you are talking about diffrenty cryptocurrency. NEXO wasnt created to be a way of a payment but it is an utility token for crypto lending platform.
And about the dividends, when more people know it- price will surely dump. Because many people expect huge profits.

I don't think NEXO is a good coin to HOLD. I don't think there would be any profit by hodling their tokens. It will not so interesting for hodling.

Yeah, and could you be more specific? Why NEXO is not good coin to HODL?
I think the opposite, NEXO platform is revolutionary, it is created by a real company - Credissimo.
But I am just a little disappointed about the NEXO dividends, that it will not be as profitable as I thought.

Doesn't matter if it's NEXO or some other potentially investment worthy coin, in the crypto market in order to see a coins full worth will take time and of course there is the level of uncertainty. If a coin can survive in the long run and depending on the market could either reach high values or be a coin that's either low in value due to consumer lack of interest or stable due to sustainability. It remains to be seen what NEXO can offer as for now we can wait and hold if we want to see the possible potential it would have.

If just by holding a coin you are earning revenues why not go for it? You are not even engaging in trade to earn some profit. If it is legit, I say go for it.

$20 for holding 100k nexo token seems pretty useless to me. So I am not interested to invest in it let alone holding it.

Honestly, you lost me at $20. No I haven't had any nexo lately and as far the current rate goes, it is probable that I am not going to buy any let alone hold for a period of time.

Since there is not enough profit in holding, I don't think people will bethat much interested. I mean, $20 USD? Come on! That's a ridiculous amount of return ratio.

Someone created more accounts to say that 20$ is not enough for holding 100 000Nexo tokens :D.
Maybe another signature poster? Maybe, but probably he will never receive any merits :D.

I actually bought some NEXO today.

It does have benefit for me personally, because I took out a loan from NEXO, and by holding the NEXO token it gives me a 50% discount on the interest due for my loan.

Nowadays there are lots of projects where you can get the passive profit starting from nearly 5% per month, but to buy Nexo spending 18,5k and to hold them in order to get the 20$ as a result is really silly, may be just for fun.

$20 figure is just a guesstimate from............ "someone", no source. Take it with a pinch of salt...

And wait for the official announcement from NEXO.

Nexo is performing very well, they will list ADA, LTC, BCH. They will be listed on another exchange Coinbit. Minimum 100USD loan coming soon!

Really? Why don't you publish the list?

The rewards or dividends for such a programs will always be on the lower side but as long as it is legit there will be investors attracted to it and it will grow as a project so may be longterm it is still a good hold but personally i like to stay in eth and other alts rather to look for small dividends.