In liquidity pools, there is the impermanent loss that you have to take as the collateral of what you'll be adding there. In staking, the risk is also there because the market is volatile and that percentage of APY won't guarantee that you're in profit if the price goes at low. If you're still trying to find some platforms for you to stake, try to pay a visit on mycointainer, they've got several assets that you can choose for you to stake. APY for most are not that much but they're decent. |
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I would like to know if you have any links to support this claim why the US government is prosecuting Binance. As I can see, Binance is doing very well in the US market, and they have their own website dedicated to the American market as well.
I think that he's talking about this: SEC Investigates Binance’s BNB CoinThis is one, you can see it if you search google news. I don't feel safe investing in BNB anymore and I will only buy it when it dips to like 50 bucks maybe. Right now I'm buying ICP and MATIC for the most part and participating in bounties. That's too low if ever it will fall to $50. I don't think that it will fall that much since they've got a burning mechanism. Just to let you know that I'm holding it and currently don't any plans of selling it. Well, if you are holding ICP and matic, good luck with those. BNB and those two that you've mentioned, whatever you hold, you know what you must have and you're holding a good coin which you've spent time in knowing if it's a good one. |
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The other scenario is bulls want the bears to win and pull price down below 1000 again -- dip and surge to 1300 is instant 30% gain, and very easy to happen with these levels.
Surges can happen for Ethereum, well, there's still the connection and correlation for bitcoin and ethereum. Whether they've got the best update and merging. If, bitcoin don't move that much, Ethereum can be limited on its move and that's why there's still the tightness of these two and it has to move along with one another. |
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Actually crypto trading is far better then any other trading or staking.But in crypto trading,you need to wait for longer period for the good profit from it.You can get double or triple of profit from normal trading,but in crypto you can earn 10 times of 20 times with a certain period.When you find the correct project,you can even earn 50-100 percentage of invested money.
There's really a far difference in trading and staking. In trading, you should be active with your trades and you need to keep an eye with all of the cryptos that you're trading and your profit depends on the market and how you are, it's an active profit. Whilst in staking, you don't need much effort on it. For example, in staking, with mycointainer, they've got several assets that has a fixed APY and the same goes for other platforms like Binance and Uniswap for which you don't need to be active at all times. You're free to choose any or both of them. |
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Seems like the author of this post was pretty right about BNB.
It really became the most popular exchange out there.
Yes! He has believed on BNB and now everyone considers it on their portfolios to have BNB despite we're in a bear market. I would like to know if you have any links to support this claim why the US government is prosecuting Binance. As I can see, Binance is doing very well in the US market, and they have their own website dedicated to the American market as well.
I think that he's talking about this: SEC Investigates Binance’s BNB Coin |
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They can promote what they want, but it's literally up to you to choose if you want to invest on those or not. Meme coins sometimes good to invest at first because you can gain profit on short amount of time if you can, it's not something that you have to invest everytime you want unlike the other "decent" coins out there. The exchanges are free what to do because they just do their job.
Before, they were really good. It's where the hype was being known for meme coins and it's almost not changing during the bull run. But that was during the bull run. We're no longer in a bull run and that's why if you ever invest in it, you have to think that you're at risk because there is a big chance that meme coins won't recover any more from this bear market. |
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OJA coin is relatively new coin with huge potentials if well managed
Can tell this with other projects that they've got a huge potentials and I've said and heard the same thing with the projects I've chosen years ago. But I was wrong with those choices that I've made and that's why, research and analysis for projects is important so that you get the worth of your buck. You just can't be a believer this time without any supporting basis but you need to have strong reasons for you to tell that this and that are good projects with such potentials. |
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First question, is it possible to ban Binance in the Philippines?
Yes. Just like what happened first with their operations in the US but later on, they've complied with the appropriate rules that they've violated. The same also in Singapore, they've been stopped there but eventually has to come back CMIIW. But as said, it's like a proposal and it's not yet official. And even its government allow it to hppen, Binance will do something to change that decision will all their might and that's how powerful they are as a business. |
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I have decided not to stake for now and just hold.
On the site they say there is no locked period however it does take 72 hours once I decide to unstake to get my funds and a lot can happen in 72 hours.
I will just hold for now.
There are those type of rules that you have to decide whether you'll go for it or not if you really want to stake. You can compare most of the staking platforms and mycointainer.com then if you're still interested in staking not just with the said altcoin, you can check all of those rates and just choose what's genuine. And if that's what you've decided to do, that's okay since you've said "for now" means that you can change your mind the soonest. There really are different rules and regulations per platform about staking. |
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Surprised no one mentioned Pascal Boyart yet. His Hal Finney art made up of torn-up dollar bills is one of the most iconic Bitcoin-related art in my opinion.
I've known this guy years ago when his art went viral. IIRC, that was the mural with some prizes and code in it. CMIIW. He's also my favorite artist that creates arts related to bitcoin/crypto. |
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"Singnature"
Is that's the correct name for the project that you're telling us that will be a good place for our money for long term?
And as you say long term, it's not just going to be around 2-3 years because that's more than that. But if that's definition of your long term, then that's fine. While with the name of the project you've left, I don't understand if that's the real name or you made a typo because I can't find that project in cmc.
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I have investments in fan tokens and chiliz. The supply of fan tokens is very low and also their price is not very high as it is the end of the season now. Some fan tokens are success-driven. That's why I made a small investment in big clubs with a chance of success.
Good luck with that choice of yours. I have also an eye for chiliz but not with other fan tokens but on it alone. I also determine that the supply of it isn't that much. And that's why, I have that plan of taking chiliz on my portfolio but I don't have that much yet and I want to have it like bagholding it when money is ready to be deployed so that when the bullrun comes, that's much profit for me.  |
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I don't think so, the present luna condition can not be a good investment opportunity, so many investors hard this kind of mentality, and this has led them to more losses even worst than when luna initially crashed.
It's almost dead. People shouldn't be thinking of buying it anymore. The hype remains to be there but a little lower this time and everybody thinks that it will have a comeback. Forget about that. If you're about to invest into it, you better put it to bitcoin and that's a better idea, no, that's the best idea if people are still getting their attention into it. |
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Yes, the calculation you've got is correct. If you're satisfied with that return for that token, then you let it stake there and just take your profits afterward. But, the thing in staking is despite the percentage for your return, the value of that token might go lower or higher. So that's the pros and cons that you have to take before doing it, lucky if the value goes higher. 18% return feels also a bit like the too good to be true story…
On mycointainer.com, they've got a few assets that are higher than 18%. And for other platforms, like pancakeswap, they've got assets for staking that are actually more than 18% APY and can reach more than 100+%. We are in a bear market, yes prices will fall lower then they currently are but in the longer term they will rise so its good time to stake now no? With this crypto for example, their all time high is £0.06 and the price I bought at was £0.004. So to get back to all time high, which I think it will and more, i will 15x my investment. I am still 50/50 if I should stake as I read there is also a withdrawal fee when unstaking so sounds like a lot of fees to me, for now I am just holding. Do what you think is favorable to you. Honestly, I've never thought of staking since 2018. If I've done that and just kept all of those profits there being continued in a stake, I'd probably have more than during the last bull run. It's a good choice if you know what you are up to and what you think is the right strategy for you to handle during this bear market. You choose what is best for you at this current time. |
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How much are you currently earning with your staking style as passive income? Look at https://www.mycointainer.com/assets if you think that the current assets they support and its APYs are likeable to you. Most rates aren't that much as what you've said for those websites offering too high APY. |
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Right so I have just bought more VRA so I now have 36500 total (£150 investment).
After the withdrawal fee from Kucoin I will have 35000 to stake.
18.25% is the staking reward and there is no lock up period, I just have to wait 72 hours until I have access to my funds.
Can someone please confirm I have worked this out correctly ..
35000 VRA staked @ 18.25% = 6387.5 VRA per year (122.5 VRA per week).
If i have the above correct then I will get back my Kucoin withdrawal fee in 12 weeks which doesn't sound too bad.
Is this worth doing?
Yes, the calculation you've got is correct. If you're satisfied with that return for that token, then you let it stake there and just take your profits afterward. But, the thing in staking is despite the percentage for your return, the value of that token might go lower or higher. So that's the pros and cons that you have to take before doing it, lucky if the value goes higher. 18% return feels also a bit like the too good to be true story…
On mycointainer.com, they've got a few assets that are higher than 18%. And for other platforms, like pancakeswap, they've got assets for staking that are actually more than 18% APY and can reach more than 100+%. |
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It's one of the top in the market and that's why many would like to keep it. Despite that it was really cheap a few years ago, only a few got in at that time.
And when the pump has happened, it's now where everyone is interested of owning it. We will see in the future if the price pumps more, we'll see more people again interested on it.
I just don't understand that when the price is cheaper, only a few talks about it and just comes back whenever it has a well established price again.
There are a lot of BNB investors on this board and overall I do think it is a good chain but there is high risk associated with it because it is tied directly to the exchange and exchanges are facing litigation and regulatory uncertainty now. Binance getting sued by the SEC for example would tank BNB. That's why for the moment, I am invested in FTM and ICP. I will consider moving back into BNB when we have regulatory certainty in the market. Well, it's not a secret that it's a native token for an exchange. We all know about that and there are a lot of the same token concepts that are being produced by other exchanges. They may be subject to litigation and scrutiny because of the past ICO mania but, I do believe that they'll be able to comply with what will be asked, or if they will be sanctioned, they'll just have to pay for the penalty which they can easily cover because they're currently the biggest crypto exchange. As you've said about its price tank, it's not only BNB that have gone through that, it's the whole market that's experiencing tanking. |
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Just compare:
January-May 2020 ➝ 9012 registered users
January-May 2022 ➝ 16421 registered users
Really happy to see this great achievement.
This is actually a significant milestone for you guys. Congratulations. That's almost doubled in 2 years and that's a stable growth than having no increase in the number of users. Btw, a few days ago the website was slow to load. I hope that when there are technical issues like that, you have time to update that on this thread too. I'd like to say good luck to those that will participate in your giveaways too. |
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It's one of the top in the market and that's why many would like to keep it. Despite that it was really cheap a few years ago, only a few got in at that time.
And when the pump has happened, it's now where everyone is interested of owning it. We will see in the future if the price pumps more, we'll see more people again interested on it.
I just don't understand that when the price is cheaper, only a few talks about it and just comes back whenever it has a well established price again.
The nature of many investors is riding with the pump, they mostly talk about the project when hypes are ongoing, but like what you just said when the market is down they are less talk about the project but experienced traders are into this coin, knowing that any time this coin will manage to bounce back, especially when the market inside the whole market start to spark up and the bull runs back and pumps the market. They should come and start buying at that rate for them to enjoy the pumps and they won't be stuck. But I guess that strategy is known for most because they enter when they see the activeness of the market and it's better for them to have an entry at that time because they have the idea that the market won't just drop as soon as possible. And that's why they only come in during those times and whether they like it or not, the market has its own ways that we'll never see coming. |
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It's a good option if you're always getting burned in trading and choose to stake. Speaking of staking platforms, there are too many of them and it all lies down to the choice of altcoins that you want to stake. In exchanges, if you're going to stake bitcoin, that's not really what it mean is but you're letting them borrowed your bitcoin for them to use it for lending. You both share the interest that the borrower will pay the exchange. And for the choice of staking platforms, based on the list of stakingrewards, mycointainer.com is on the top 7 for staking providers. That’s true, it’s not really "staking" in that sense. This means that we gotta just realize that bitcoin can't be staked. The name of it being "stake" doesn't even do it justice, it is just a simple situation where it’s you giving your money to someone else to make more money for you. Is this staking? Absolutely not, but if you do it on places such as Binance then it’s going to be quite fine. Yes, it’s not named right, but they are legit company, and they would be willing to not lose customers and reputation so they will pay you even if they have to do it out of pocket. However, you need to be careful about all the other places and that’s going to hurt you a bit if you pick a wrong place. They're making it sound like its really staking but bitcoin is no PoS algorithm and that's why it's just like lending them your bitcoin to any platform and exchanges that does that. If I'm a conservative holder with huge amounts of it, I'll choose to hold it rather than getting into it. Maybe for smaller amounts but not entirely my holdings in bitcoin. |
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