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Author Topic: Which crypto investment have you tried out?  (Read 382 times)
Bitcoinpoly (OP)
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August 26, 2023, 09:34:07 AM
 #1

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX
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August 26, 2023, 09:37:32 AM
 #2

You are saving coins on a centralized exchange, you are making a very big mistake.

Centralized exchanges means not your key not your coin, until the inconveniences are seen would be when you will know how dangerous it is to save coins on centralized exchanges.

I will prefer to hold bitcoin instead by sending it to my noncustodial wallet for me to have the 💯% control that i want.

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Bitcoinpoly (OP)
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August 26, 2023, 09:52:00 AM
 #3

You are saving coins on a centralized exchange, you are making a very big mistake.

Centralized exchanges means not your key not your coin, until the inconveniences are seen would be when you will know how dangerous it is to save coins on centralized exchanges.

I will prefer to hold bitcoin instead by sending it to my noncustodial wallet for me to have the 💯% control that i want.

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”
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August 26, 2023, 09:53:59 AM
 #4

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings.
I have seen many centralized platforms that offer lucrative profits from investing in some of their investment packages. However, I have not tested any of these platforms because of some experience with these centralized platforms. Some relatives lost so much money they invested in these platforms. Currently, I am keeping my coins in a decentralized wallet because I want to have full control of my investments. My only option in crypto investment is Bitcoin due to its stability and good track record. Some altcoins are too risky to invest in and many are not reliable.

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SPIN

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August 26, 2023, 09:58:28 AM
 #5

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”
So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

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Bitcoinpoly (OP)
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August 26, 2023, 10:27:09 AM
 #6

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”
So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.
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August 26, 2023, 10:55:03 AM
 #7

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.
I've also used flexible savings but it seems that it's not really that much. Plus, you don't hold the custody of your coins if it's on an exchange.

Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX
Those are the risky ones and I'd avoid them because they're not really good tokens for you to put on that APR savings because they mostly are going to be down the soonest it adds liquidity.
Btw, this shouldn't be here but on Altcoin Discussion.

Bitcoinpoly (OP)
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August 26, 2023, 11:15:21 AM
 #8

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.
I've also used flexible savings but it seems that it's not really that much. Plus, you don't hold the custody of your coins if it's on an exchange.
Which exchange have you tried flexible savings? Once you can get the right exchange that has a good reputation then you’re good to go, especially those ones with prove of fund reserve.

Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX
Those are the risky ones and I'd avoid them because they're not really good tokens for you to put on that APR savings because they mostly are going to be down the soonest it adds liquidity.
Btw, this shouldn't be here but on Altcoin Discussion.
[/quote]

Actually once you do a good technical analysis on a token and you know the turn analysis you can do the APR provided the project is a good one.
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August 26, 2023, 11:22:45 AM
 #9

Payment Gateway, investigation about market share Crypto buyers in Ecommerce.
Trading in my eyes has little to do with crypto. The stock exchange should update and make trading in wheat bushels as easy as you can do copy trading.

Marketing in EN und DE
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August 26, 2023, 11:36:33 AM
 #10

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.

I don't know any other means each person may decided to go with their bitcoin investment but anything that has to do with the use of a centralized exchange for the achievement of this should be considered risk except they are just for a while, using DCA to accumulate your bitcoin is not a bad decision, i think holding your bitcoin alone over some years is a big time investment on itself, maybe using exchages could have more risk and danger together with using any centralized institutions who are into cryptocurrency investment.
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August 26, 2023, 11:57:32 AM
 #11

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”
So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.
Like seriously,one can stake on a noncustodial ? Nah.. I can see that you are so carried away with the stake thing on CEx. You cant loss your bitcoin when it is in a noncustodial wallet which only you have the keys to. When you are greedy and looking for money where you don't want to work or invest on,you will end up losing what you gat. It isn't safe to keep your coins on a Centralized exchange,much more of staking your coins there. The possibility of you losing your coins is 50-50. I hope that this topic is about bitcoin and if it is not,I will advise you to move this thread to alternative cryptocurrency board. Invest wisely and don't be decieved with high APR.

R


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August 26, 2023, 12:17:09 PM
 #12

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.
Staking on noncustodial wallet are ponzi scheme? No.

You need to use a reliable source for your research. Also all that you have been reading are misleading. You can stake many altcoins on noncustodial wallet and you will be able to claim your reward daily. You can unstake your reward and your coins will be released for you the day it is included on the coin protocol that the staked coin would be released.

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August 26, 2023, 12:24:25 PM
 #13

That's too risky to invest in cloud mining or flexible savings offers from exchanges like Binance. And about new tokens with 100% APR the price of that token could drop quickly so instead you making a profit it turns to a negative profit due huge price drop of that token.

I had bad experiences investing most of them were cloud mining All my investments never returned and most of them were scams except investing my money in hardware miners It made me profit before I stopped mining due to high electricity costs and profit drop.

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August 26, 2023, 12:34:37 PM
 #14

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”
So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.


It seems that he understands the risks of staking on centralized exchanges and he has taken the risk to achieve the amount of return he deems worth the risk he is taking.  I am neither for nor against as long as he has done the research and is willing to take the risk of leaving his assets on those centralized platforms.  it is the choice of each person.  for me, if we want to make profit every day then we should learn about trading.
If it's a long-term investment, just hold it in a non-custodial wallet.

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August 26, 2023, 12:47:19 PM
 #15

So I started with Bitcoin eventhough now i prefer to segregate Bitcoin from crypto this was
during the ICO craze. I got sucked into some nonsense $hitcoin scams.....and lost the
Bitcoin I put in for those nonsense tokens eventhough I was able to trade them back for
Bitcoin at a loss after I came to my senses.

Also had some Bitcoin on Blockfi, handing over custody and control to someone else,
after the interest rates started falling I withdrew my Bitcoin just before they imploded.

Bottom line is - there is no magic get rich quick schemes out there eventhough there are
plenty of people telling gullible people otherwise.

Stick with Bitcoin
Take full custody and secure your coins
DCA

R


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August 26, 2023, 12:51:34 PM
 #16

My only crypto investment for sure is going to be Bitcoin that's secured with the help of a cold wallet that only I can access. Other than that anything that I invest in the crypto-world is either going to give me huge losses or no gains at all. I really dislike the concept of flexible savings because they are mostly a new way from centralized exchanges to trap newbie investors. The newly listed tokens are the riskiest in the whole world of crypto-market because those token can lose a lot of their value within few days. The exchanges know that most of the newbie investors are greedy and when they find such schemes then they will invest money in those without delving deep into it.

If for example someone has invested their money into a flexible savings option of a newly listed token and the exchange offered him/her 100% APR, but after a month or two the token has lost almost 60% of it current price value then in that case the investor has lost money instead of making any profits from that APR. The only working investment in crypto world is to buy Bitcoin when you see it at a low price and hold it for as long as you can. That's the securest form of investment for everyone and the investors who follow that approach will make a lot of returns from their investment after some waiting time.

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August 26, 2023, 12:53:25 PM
 #17

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

Tried this type of investment

Websites offering high profits( Hyip)
Cloud mining
ICO/IDO
DEFI
NFT
MEMECOINS
TRADING

Almost all of them fell since they are for short term hype only so don't even think about earning a passive profits with them since those type of investment except for trading will just collapsed without us knowing.

 What you are joining is good investment choice but the same with other thing don't rely to much on it since in crypto nothing is stable.

R


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August 26, 2023, 12:57:09 PM
 #18

I have mostly done some speculation with Bitcoin price in the Spot market and also I have got a bit of stable coins in a centralized exchange, but that's it.

Also OP, it does not matter much how much of interest you are getting off your coins in a centralized exchange, if those coins could become worthless in matter of days. I understand one is supposed to do whatever one wants with money one has earned, but that sounds like a bad strategy. It is not rare some altcoins lose their relevance in a short period of time, if you want to really have control of your interest you are supposed to calculate it in USD or an established crypto like Bitcoin or Ethereum, otherwise those interest are an illusion.

1% APY in Bitcoin is obviously much better than 102% APY of some random shitcoin one does not even know where came from.  Roll Eyes

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August 26, 2023, 01:16:53 PM
 #19

l don't think investing in a centralized platform is a good idea, as there is a high tendency of big risk and losing money. Majority of the centralized investment platforms are not trustworthy according to very reliable source. As for me, l have invested in bitcoin in a decentralized platform and made reasonable gain, and l' m still into it currently.
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August 26, 2023, 01:32:09 PM
 #20

I only collect Bitcoin in my wallet. even in trading, I withdraw profits for more Bitcoins. I don't use any other platform to manage my investments. just trade profit and withdraw it in wallet. I don't care about APR or any advantages centralized exchange platforms offer.
if you currently store it on a centralized exchange safely, not necessarily in the long term you hold your investment assets there, your assets remain safe.
now people think more about the security of their assets than taking risks by putting too much trust in any exchange.


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