Reddit Posts
Roast me or toast me: I've gone and bought me a grab bag of alts for long term holdage.
Crypto.com - CRO Staking instead of Lockup (Card)
Exchange tokens are TOP daily performers. CRO + 25%, FTT +80%). But why FTT??
Is Crypto.com the most expensive exchange to purchase Coins/Tokens?
Crypto (CRO) Change to Stacking & Locking Period for Visa Card: What is the efficient way?
Crypto.com is changing reward structure for VISA users
Crypto exchange tokens are often annoying, predatory, and a bad deal for customers. And worst of all, leads to exchanges running risky Ponzi-like structure with their tokens
Would you like to play a coop ghost hunting game that rewards you in crypto?
Crypto.org Chain Becomes the Cronos POS Chain
Fate of CRO looking on what just happened to Moons
BTC dominance is at 52%. - Bitcoin remains the OG of crypto.
BTC dominance is at 52%. - Bitcoin remains the OG of crypto.
Copiosa ($COP) Crypto Made Easy! The App your Grandma and her nursing home friends will use to invest into small cap gems. It’s as easy as 1, 2, 3! Be like Grandma, Aunt Debbie and your Uncle Mark… Copiosa is Making it easy for the average Joe! Low MCAP!
Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late… (Low Bear MCap!)
Copiosa ($COP) is Crypto Made Easy! The App your Grandmum and her nursing home chums will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandmum, Aunti Susi and your Uncle Tom… join the Copiosa experience before it’s too late (Low Mcap!)
Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before it's too late...
Copiosa ($COP) is Crypto Made Easy! The App your Grandma and all her nursing home buddies will use to invest their life savings into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your Uncle George… join the Copiosa experience and get in before the Bull and our 100x!
List of apps/wallets/CEXs where free cryptocurrencies can be earned
Copiosa ($COP) is Crypto Made Easy! The App your grandma and all her nursing home buddies will use to invest into small cap alt-coins. It’s as easy as 1, 2, 3! Be like Grandma, Papi and your uncle George… join the Copiosa experience and get in before the Bull!
Have I lost my funds in Crypto.com DeFi Wallet?
Is there any point holding exchange tokens long term?
It takes some playing around with various blockchains, to find which ones you will interact with the most
Best way to withdraw crypto to cash in Canada
10 reasons why we need to LEAVE crypto ASAP!!!!(PLEASE, read through to the end, DON'T read through the end)
What are some of your Dark-horse projects, that you think will explode during the next bull run?
Moons, CryptoDotCom and Terrible Spread
Are CRO staking rewards subject to fluctuations in market price?
Are CRO staking rewards subject to fluctuations in market price?
It takes some playing around with various blockchains, to find which ones you will interact with the most
Best Crypto Debit card of 2023 for those in the USA?
Crypto.com Opens On-Chain Staking for MATIC and CRO
Cronos (CRO) down 66% all-time. Is this coin on your watchlist? Thoughts on CRO?
Cronos (CRO) Down 66% All-time, is this something on your watchlist? Thoughts on CRO?
PSA: Get ready for more people coming to this sub following the Crypto.com article and email about MOON’s
From Eth to Shiba Inu to CRO now holding a bag of r/Cryptocurrency Moon
What rank will ETH reach on Crypto.com?
What rank will Moons reach on Crypto.com?
Assassin's Creed creator Ubisoft embraces blockchain, becomes Cronos validator
Does the listing of moons lift CRO as well
Despite their shortcoming Crypto_com is still one of the best at marketing.
People here often joke that we should inverse this subreddit. Is there truth to this idea and why (not)?
I loath shit-alts more than I hate shitcoins. Here is why
If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.
Crypto.org blockchain validator penalized, loses over $25,500 in CRO
What is the worst shilling in this sub you fell for?
If your portfolio is not down more than 50%, and you didn't invest in FTT, LUNA, CRO, SOL, etc..., or some overpriced NFT, and you are still holding strong, CONGRATULATIONS! You are still doing far better than Kevin O'leary, Mark Cuban, Tom Brady, and so many of the big names in crypto.
What Projects are extremely undervalued right now and can see huge upward trend next bull?
Crypto.com’s CRO Firm Despite SEC Lawsuit Fears, Time To Watch The Token?
Algorand: Many of us were bullish and invested. Now Algo is down more than 96% in USD and 99% against Bitcoin. What can we learn from this experience to prevent making the same mistakes in the future?
I've finally made it big in crypto thanks to Crypto.com!
what happened to all of those crypto exchanges offering cashback cards?
What wallet and Defi apps do you recommend?
Crypto . com card arrived and it's a paper weight!
This sub spends 1/2 their time saying shitcoins aren’t worth their time. Then spend the other 1/2 talking about shitcoins oh wait that’s 2/2
[NO MOONS] why do people stake on CDC supercharger? ; random tippings for good reply
It's Dec. 17th 2017, we're at the absolute peak of that bull run, you're hyped up on hopium and bought all the top 100 Cryptos by marketcap. Five and a half years later only 7 of those purchases are in profit today, 62 are down 90% or more, and more Stats.
"Regulatory reasons" have just made Crypto.com card's KYC and future usage got more invasive and cumbersome
Cronos (CRO) Rallies After Revealing Partnership With Amazon Web Services
CRO Spikes 13% Following a Partnership Between Amazon and Cronos
Crypto phases I wish had skipped...
Who Has Endorsed Cryptocurrencies and NFTs..
Do we think exchange coins are going to have a place in the next bull run?
Back before Cronos, and Crypto.com Coin, there was Monaco an ERC-20 token - offered by the company that later rebranded itself to Crypto.com. Had you invested in this crypto.com prototype in 2018 you'd be down ~87% - Even after accounting for the later swap to CRO in 2020.
A Straightforward Proposal to Slow Down CRO Inflation And Bring It Closer to Historical Levels —…
How do I decide which crypto is best to buy?
For which Shill did you ever fall hard?
Your thoughts on crypto.com and its token (CRO)
What is your biggest weakness?
Matt Damon CRO Commerical and FTX Commerical Talk
Do you have a plan for what to sell and when?
What are some common mistakes/regrets in crypto?
Crypto.com (CRO) Price Looks Set to Fall After This Bearish Signal
It takes some playing around with various blockchains, to find which ones you will interact with the most
What keeps you going in crypto?
CRO and DOGE are price converging again
Lessons for Crypto Newbies from my own personal experience. It's a TLDR so please read if you are new.
Cronos (CRO) Climbs As Crypto.com Expands Global Footprint
Pay off debt vs Invest in BTC/Crypto
MintMe.com is always looking to add value to our users, and today we're excited to announce the addition of CRO to our trading pairs. Take advantage of our unique trading and crowdfunding features, and start trading CRO now!
Savings accounts are offering more attractive APYs but Crypto still dominates. Where are you parking your coins to make the most of your investments?
Mentions
I think CRO over 1$ this time. It survived unlike ftx, blockfi, etc. Has solid reserves. More trust than binance. Crypto.com and coinbase look like the most trustworthy players in the game
Alts already got damaged. Alts go down the most during the bear. Most of them are down 90%+ from ath. CRO was like a dollar and went down to 5 cents, now a little over 9 cents. Imo OP is right, not a bad time to load up on alts you think will do well.
Oh my god, you are getting way too much positivity on cro in this thread. CRO is not good. theyre like a C-list exchange at this point. I was going to write you a novel about how bad CRO is but just go to CoinMarketCap / Rankings / exchanges and sort by 24h trading volume. See how low Crypto com is 😂
Everyone aped into CRO because of their cards/rewards.
Except chainlink right? What a beautiful and promising project. But seriously people are betting on CRO. That’s the worst one. CRO: 2.3B market cap - 10M trading volume for token - 500M total 24h volume for their cex. POLONIEX has higher trading volume than CRO. POLONIEX. An exchange that gets hacked on a consistent basis 😂
Some people are investing in ADA, CRO, XRP. Asking about BCH and LTC. I’ve even seen people investing in NEO. Like bro.. are you good? Are you on 2017 internet ?
I think people like you and me who bought in when CRO was riding high, are royally fkd at the moment and must hope for a miracle.
You don't need a full BTC, and instead, to think about amount, think I'm percentage. If you buy $400 in BTC and it goes up by 10%, you get $40 in profits, which you can keep it or reinvest it. BTC or ETH are those that scale up slowly but constantly, which makes them less risky. You can split your investment into two backers, one low risk so BTC and ETC, and the other medium risks like MATIC or CRO. I started with CRO, which is owned by Crypto.com. I got the first card with benefits that give me 1% off cashback in CRO on any purchases. At the end of each month, I added the earned CRO in staking, and I added 25% of my monthly investment into CRO, the other 25% in MATIC, and the resting 50% in ETH. My monthly budget started with $50, and depending on my monthly expenses, it was jumping between $30 and $100. CRO is great, and the project is also promising with the cashback. It is just less to worry about it. MATIC can be a bit volatile. That's why I was keeping an eye on it, so I ensured to sell in the right moment and buy it again later. ETH is not that different from BTC, but it's cheaper and has a lot of utilities, so def a pro, and it will keep growing.
I use the card for the free cashback but thats about it not sure if I would invest more into CRO
Binance got fucked, Coinbase stock pumped 40% since that and KCS/Bybit/others are not really options for “crypto exchange tokens” CRO is the best token so far from that niche from a risk reward ratio
Your choices scream that you missed 2017 and 2021 bull run and think the same coins will run again. And it’s probably true they will. But CRO and ADA is soooooooooooo irrelevant
What would the market cap for CRO be at $5 a coin?
Eth and BTC are the way. CRO was a hype train.
It should be a long term hold Best argument for CRO for me is they bought crypto arena for 20 years for the name at the LA complex.
Half the people in here probably don’t even know that their CRO card stopped refunding them for their Spotify and wtvr else months ago 🤣 I paid out of pocket for like 5 months before I realized how shitty those cards became.
I don't see how these are going to make you a 10x. They are not new, nor do they seem very undervalued. CRO is a centralized exchange coin, Doge is an old meme coin and we know that there's always a new one. ADA and XRP are both boring and already up in market cap. Don't know about FTM.
I am a really big fan of CRO. Their app is what got me comfortable with trading crypto. Now I have experience in their DeFi. I know BTC maxis will destroy me but a month ago when CRO was .065, I sold a full Bitcoin to lock in for the Icy White card. Getting about 120$ a week in benefits now. I expect is to get back above $1 in the bull run. I just figured there was more room to grow comparing market caps. CRO has been top 10 before and could be again. If it gets to BNB all time high it will be over 4$. Highly unlikely but hey who knows. Their fundamentals seems solid and they go about regulation the right way.
CRO was a nice coin back in the day, and basically one of the only bridges for fiat / crypto low fee transactions, now there’s so many, Tap Global, Hi, plus Neo Banks like Revolut will be able to revive crypto directly soon so I don’t see the point of Cro anymore, it’s less appealing than the others in terms of plateforme. Their card never shipped either in France, I created a Tap Global account, got my card in 3 days and was able to spend instantly.
Not sure if you remember last go around but CRO moved slowly the entire bullring. It wasn't until late in the game that it made its big surge. I've held this whole time as well and plan to continue doing so. What you should have done or need to do is take it off their platform and stake it somewhere like in Cosmos. Much better return, just my two cents
Bro , there are millions of ppl that still not recovered from last bear run. Your are not alone , I put all my CRO in difi wallet set and forget until 2025. And you should too , the company is better than those only “Coin” & websites.
For the sake of mentioning it: * CDC = Crypto dot com * CRO = Cronos chain - which is a Cosmos + EVM thing. Detail of Cronos can be found in their updates eg here: https://blog.cronos.org/p/celebrating-two-incredible-years As for me - I've still got a bag of CRO. Probably more exposed than I'd like to be, but not too worried. The CDC association will continue to help it. And the Cronos Labs development s etc will add to that. Got into it at around .45, and currently have an average of around .11. I've got some staked on-chain, some locked on the exchange to negate trading fees, and some 'liquid' in Supercharger in case I need it in a hurry. And I've got an indigo card.
CRO is a centralized coin with no real utility. The whole point of Bitcoin was to be in control of your money. With CRO, you aren’t in control. Also, their CEO has a record of defrauding investors with his failed company, Ensogo. The shutdown blindsided buyers and sellers and they were left holding the bag. You should trust companies with CEOs that have good track records.
So about his CRO anyway… Do you you reckon it will go to ATH again?
WEF is involved with CRO or has adopted them recently. Isn’t that what the pump was about?
Amazing coin. I think you should allocate a large sum of money into CRO.
My opinion, all these exchange based tokens will go to zero at somepoint. Its a failed business model. The only exchanges to survive are the ones that dont have their own token. CRO is not a safe or good long term investment. Its a token that serves an exchange, nothing useful long term.
It's doubled in the last couple months, I'm not sure what you are talking about. The projects that are pegged to CRO like VVS are still doing fine, and they haven't collapsed yet and VISA hasn't broken their partnership with CRO. I think a lot of people don't appreciate the VISA partnership as much as they should.
Good thing is it’s IBC enabled chain*, you can move your CRO and explore whole Cosmos ecosystem, which is kinda fire these days, and few good projects still not on any CEX. *Keplr doing IBC transfers directly from the wallet, which is neat and no bridging fees.
CRO is absolute garbage. It was always ridiculous to make people spend insane amounts of money to "stake" and lock in users for a freaking card. It's so dumb. These cards will become so commonb and, when they are, CDC wont be able to get people to stake such high amounts as competition will be so high. Why risk having to buy a risky altcoin like CRO that has no reason to exist outside of staking (and some small fee discount) to get a bloody card when you will easily be able to get one from other companies once laws are clearer and the market is not afraid to offer such products . People can get extremely defensive about cro and i understand that - when you have significant money invested, it really alters your state of mind and rationality. I just urge everyone to really think twice about why you're holding it and question whether it really is a good investment. Ask why will CRO increase in value? How does value drive to the token sustainability and does it really have token utility. I feel like a lot of people will potentially lose a ton of money on this because if you dont cash out at the right time youll likely lose it because i really dont see CDC lasting over a 5 year period.
Just Google “CRO price prediction”. There are MANY MANY reputable analysts on MANY web sites suggesting $5 CRO around 2031. I’m at 120,000 with an average cost of .23.
There's only one thing CRO is good for, and that's shorting it when negative news comes out about CDC. I made some serious bank when they cut their staking rewards in half
> CRO is a so called exchange coin. When there's a gold rush, you don't buy gold. You buy into the company selling the gold.
I rode my initial investment of 60k CRO to $50k, and then locked in for the icey card at peak price. Then I watched it dwindle down to $5k. What a ride. I've doubled down and now have 130k CRO, still using Icey, still staking. Yes, I light my cigars with $100 bills.
I don't mess with it. My introduction to it was some random token you had to hodl in the thousands in order to get a debit card with "free" Spotify. It reminded me of this thing I was in as a kid called the "Olympia Sales Club for Kids". It was basically like *sell $20k worth of goods and we'll give a $300 Sega CD!* CRO felt like that all over again and I stayed away from CDC period. Then I used the chain and it was really expensive vs basically everything other than ETH L1 and I called it a wrap. It's crypto so it'll probably have some price action and stuff but it's not for me.
CRO has a very good, stable team behind it. I sold all mine at 0.40 ish but might swap some MATIC to reentry. During the last bull run they handled it really well and have navigated the bear market equally well.
I had CRO when it was .6 Sold it when it was 0.06 😭
I’m very confident CRO will outperform BTC at the height of the next Bull, as will many other coins.
I’m very confident CRO will outperform BTC at the height of the next Bull, as will many other coins.
That’s good, but will you put it back into ALT’s/CRO when you’re up on BTC?
CRO is a so called exchange coin. This has several consequences. Its tokenomics is totally controlled by [crypto.com](https://crypto.com). It's chain does not scale and is controlled by the exchange as well. In principle it works the same way FTT did for FTX. I suggest that you get out as quickly as possible. It is not the typical crpyto investment like BTC, ETH, or ADA. It works only to make cdc more money and has no benefits to their customers. That's the reason why cdc lured their customers into it with additional benefits. The same is true for BNB, OKB, FTT, etc. Btw., just as add. info FTT still has a market cap beyond 1B$.
Been in it for a while, I’m in the green in total CRO held, my Jade card and hubby’s Ruby card are both down over 75%, probably somewhere around 80%. However, when I staked for both coins I didn’t pay that actual amount as 70% of the CRO was bought at a much lower price and also included quite a bit of free/interest from the DeFi stake. As mentioned, it was well under $0.06 for months. I just can’t see the point of moaning now, same people will be moaning, because they didn’t buy now, when it hits $0.50 in the not to distant future.
The thing about CRO or any other CEX coin for me is just the fact that it undermines the whole point of decentralization. Why would you trust a business with the incentives that they have to do right with the blockchain?
Sometimes it’s best to cut you’re losses. Sure it may go up in a parabolic bull run, but so will everything else. I sold my CRO at a loss and am glad to be out of it honestly. I don’t think it will see new ATH this cycle
CRO has been a good place to stash a bunch of my money. 20% of my portfolio is CRO with an average cost of about 7.1 cents per. My take, if you can get an average cost below Probably 12 cents it's a good deal and a good place to keep capital. The steady drift up from $0.05 to now and holding support makes me think it'll just gradually grow to I don't know 20 cents per?
CRO is a stock. It's that simple. They may use cryptography instead of regulation, but that just makes them an illegal stock. It's only as good as the company is. It's based on human efforts. Bitcoin is not like this. Bitcoin is generational wealth. Would you rather hold generational wealth or a company that could go bankrupt anyday?
I've been in there since 2021. I tried options and that wasn't a good idea, lost like 50k. So sold what I had left, and bought 5k of cro when it was 10¢. I had enough for the jade card, so that's what I bought. Then it went from 10 cents to 95¢. Neat. Talked to customer service, they were pretty good, went to icy. Enjoyed 5% cashback, until cro hit 5¢. Then it went to 3%. Not a big deal, I ended up getting more cro anyway because the price was so low. Getting free netflix, amazon prime, and spotify really sweetened the deal. Every week, on a dime, I'd get my 8% interest on my staked CRO, so I'd move it to the defi wallet. Then the price doubled, and before I knew it, after two years of accumulating, I had more than I started with. In my opinion, cdc makes it easy to save, easy to spend. The ecosystem is a bit large, I think they could simplify it a bit, but if you're looking to integrate crypto into your daily life, to save and accumulate without thinking of it much, they have a unique and necessary product that I'm a fan of.
CRO is preparing to skyrocket, it is a matter of time. Once they announce some good news it will be a catalyst and it will break out from the short-term trend.
There is really no need for the CRO cryptocurrency in the first place.
#Crypto.com(CRO) Con-Arguments Below is a Crypto.com(CRO) con-argument written by IAmGiff. > Let’s dive into CRO's negatives (here’s my [related take on the pros](https://np.reddit.com/r/CointestOfficial/comments/sife3c/coin_inquiries_cryptocom_proarguments_february/hvb6h1j/?context=3)). > > **Centralization** > > I began my post on the pros by noting the fate of CRO is obviously inextricably linked to the fate of the parent company (Foris DAX MT (Malta) Limited, founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives would drive adoption of the coin. The flipside of this is failures and missteps of the company would drag down CRO. > > The company has taken steps to decentralize the actual validators of their chain, but there’s really no question the company’s actions could hurt the coin. With that in mind: > > **Security Concerns** > > Obviously the biggest risk to *any exchange* is getting Mt. Goxed. > > Crypto.com seems to work hard on its security but, still, the company very recently had a hack that [stole 4,600 ETH](https://www.coindesk.com/business/2022/01/19/cryptocom-ceo-acknowledges-400-customer-accounts-were-hacked/) and some BTC. Although customers were kept whole, it was a pretty bad breach as hackers somehow circumvented a 2FA system. They've since taken steps to improve security, added whitelisting, and are rolling out a new account protection program (with apologies to Cardi B, the unfortunately named [WAPP](https://blog.crypto.com/crypto-com-security-report-next-steps)). > > Look, security-by-obscurity can be a valid idea, but the company hasn’t been completely transparent about how the hack occurred. This type of thing can still be a risk. > > **Poor Customer Service** > > If you spend any time on the crypto.com sub you will see two main things. 1) People excitedly posting photos when their card arrives (bullish!) but 2) people angrily posting customer service complaints including loooong delays getting their cards (bearish). Even the biggest fans have to admit many people find the customer service experience to be very frustrating and inconsistent right now. While there’s a viewpoint that it’s just growing pains, it’s really not a good excuse. If you’re going nuts on marketing, and asking people to invest $4K or $40K for a card (!) you need to invest in customer support that can keep up or you risking driving away customers for good. > > **Opaque Fees** > > The fees are a common/fair complaint. The app takes a spread that's 1) non-transparent 2) variable 3) difficult to calculate on your own and 4) in some reported instances, apparently quite high. Someone using the app to regularly trade crypto could lose lots of profits to these fees. I don’t use Robinhood but understand it has a similar invisible spread and while people initially loved it, and some mistakenly believed they were buying with no fees, over time people wised up and become more aware of this losing proposition with Robinhood. I feel like everyone hates Robinhood now. There’s certainly a possibility that ultimately customers would rather just see exactly what they’re taking as spread, and that hiding it from your customer is a bad practice that will catch up with you. > > **Product Limitations** > > New customers frequently don’t realize limitations of the products. Sometimes they didn't read the materials, yes. But sometimes it's complicated or unexpected. > > For example, you cannot load money on the pre-paid debit card and turnaround and use it to buy crypto on crypto.com. It’s a silly idea to load money onto CDC, offload money from CDC to the card, and then try to buy back onto CDC. (Just load the money onto CDC and buy crypto, without the extra steps, obviously) But there’s no denying it makes people incredibly mad when they learn they can’t do this. Relatedly, once you’ve loaded the card, there’s no easy way to unload. Sometimes this is just bad planning, but sometimes people loaded the card for a large purchase, found they were unable to make the purchase, and then had no way to get funds back. > > A standard feature of pre-paid cards is you can’t earn rewards on every category of purchase. Also, though true of all pre-paid debit cards, you have to load then spend, rather than spend then payoff later like a credit card. A lot of people would prefer a credit card. > > Due to regulatory constraints, not all of this can be fixed. But the company could fix some and certainly do more to warn people. In the meantime, some people get driven away. > > **Switcheroo Risk** > > If you’ve been following CRO for long you’ll know the company was once known as Monaco, and its currency was MCO. Then it bought the crypto.com domain, launched CRO and eventually retired MCO in favor of CRO. There’s a fair [discussion of what went down here](https://zeroverge.com/crypto-com-has-changed-the-rules-of-the-game-mco-to-cro-swap-83c33f66633d). MCO holders had a window to exchange their MCO for CRO (in hindsight it was a sound move to do so) but there were a lot of questions at the time about fairness. Many people felt like the whole thing was a switcheroo. > > Despite this transition ending up fairly successful by many measures, a lot of people have speculated that the company could someday dump CRO in favor of something new, and there’s no guarantee it would work out as well next time. > > **Too-Good-To-Be-True APYs** > > There’s good reason to believe 10%+ interest rates won't be sustainable indefinitely. But who really knows because there’s limited information available about how the company is paying such high rates. Is the company recycling trading fees to prop up APYs? Is it spending its treasury to do it? I’ve never seen clear answers. > > The company has disclosed it has a CRO supply for the purpose of subsidizing validator rewards, with the goal of decentralizing their chain. Is it also using these funds to prop up Crypto Earn rates? What happens when that war chest runs out? Is it a temporary promo rate? What happens if the system turns out not to work the way people thought? > > A lot of people believe they’re just giving users a higher cut of borrowing than banks do. But I don’t think the company has actually claimed this. And the math for this claim doesn’t really add up because lending rates aren't that high. You can’t pay 12% interest to depositors (under this explanation) if you’re not lending to someone else at 12+%. > > If anyone has seen a detailed accounting of any of this, I'd love to review it. > > **Leadership** > > For the sake of completeness, I’ll note some people have concerns about the past activities of senior leadership. You can [read this](https://www.thedailybeast.com/cryptocom-ceo-kris-marszalek-had-messy-past-before-staples-center-renaming) and make your own decision. I personally think the story is overblown. > > **Limited US Functionality** > > The lack of a US exchange is a big limitation. Everyone knows this. Also, if you’re just on the app the research tools are incredibly limited. You can only see 6-months of charts, there’s virtually no information about what you’re buying, you’re vulnerable to the fees above etc. A lot of people (Rich Boomers, elder millennials, etc.) just aren't ready to trust meaningful funds to something that's a limited app. > > **Chintzy Missions** > > This might seem minor, but some people hate “Mystery Boxes” in the app. It’s a little gamification, but the rewards are so low (most boxes earn the equivalent of finding a dime or two in your couch) that many people would rather have nothing than get small amounts of free CRO. You can be the judge of the logic there, but there’s no question people get mad about it. The Mystery Boxes do seem to incentivize some people to make purchases they would not otherwise make in order to collect boxes. > > *Ultimately, the bottom line to all this: CRO will suffer if crypto.com alienates its customers.* > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. Despite the cons, I’m personally bullish on CRO but I never want to be blind to the risks of an investment, so I thought hard about this. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.
#Crypto.com(CRO) Pro-Arguments Below is a Crypto.com(CRO) pro-argument written by SasukeUchiha248. > This coin has been done dirty. > > > CRO, or [crypto.com](https://crypto.com) coin is a crypto based off of the [crypto.com](https://crypto.com) app. > > > I won't state anymore facts since it will be boring if I just reword the Wikipedia page and [Crypto.com](https://Crypto.com) news. But here's my analysis and reasoning: > > > Why bullish on CRO for this month?: > > > Crypto . com app has suffered a major hack situation recently, causing the price to plummet 50 cents down from its 90 cent ATH. (price of 1 CRO is approximately 40 cents at the time of this writing). Unless another hacking problem disturbs CRO (which is highly unlikely as the company probably set higher firewall system) the price will most likely correct itself to higher position. Buy low, sell high, and right now, CRO price is very low. > > > Although I cannot find recent news on CRO on [coinmarketcap.com](https://coinmarketcap.com), this seems very strange to me. Crypto . com company, who has bought the former Staples Center, and is a very widely used exchange, stays this quiet. Of course, the situation with the hack most likely caused CRO company to back off the socials, but this also means that unless CRO want to go bankrupt, CRO company will release a news that will pump the coin's price. > > > Additionally, despite all this commotion, the number of CRO addresses increased, meaning that the situation has not decreased the amount of users of CRO. > > And in the overall picture of the crypto market, we can clearly see that the market is down by a lot. Bitcoin is down to 37k, which is very low considering the fact that it has been traded at near 70k few months ago. Most likely Bitcoin will rise, and as bitcoin rises, so will other cryptos like CRO. > > > This is more of an analysis/opinion of mine, for more detailed info, please DYOR, theres bunch of information available on wikipedia and other crypto news sites. Its just a few clicks away from research, I did not want this post to be another wiki page. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find submissions for other topics.
Crypto.com(CRO) {{pros}} & {{cons}} with related info are in the collapsed comments below.
I am breaking even for CRO because of the cashback rewards and I am accumulating still but if it ever reach the previous ath I will definitely take profit on the way
Lol I screenshoted LRC DOT and CRO gains I was up 30K . And I didn't fucking sell. I amndown 30 % overall now. I regret so much
What am I missing with CRO? Feels like it’s a great time to load up
not gona lie, trying to load my CRO bag right under 9c. should be an easy 5x this bullrun IMO.
Exactly, some of this coins provide the whole ecosystem behind them - From this list Besides BNB and CRO, OKB and WBT have their own blockchain as well
Crypto has a MC of 1.3T. BNB has a MC of 37b. CRO has a MC of 2.6b. Last bull run, the total MC of crypto increased 300% from ~700b peak in 2018 to ~2.8T in 2021. We’ll take diminishing returns into consideration and say this next bull run will lead to a total market increase of 100% over the whole market from last peak, taking us from 2.8 to 5.6T. BNB has a market dominance of 2.7% so we can assume 37b becomes 145b (2.7% of 5.6T). I believe in the next bull run, CRO can achieve 50% of BNB’s market cap which will be 70b based on the above maths. If CRO goes from 2.6b to 70b, that’s a 28x to bring the value to approximately $2.80.
Add to all of that that it has good retail utility through the card, enables better trade rates on their exchange, and possession of CRO within CDC custody has you insured for 150K worth. It’s a dark horse that will win out long term
CRO. Not because its good or has a great WP. Only because the people at crypto.com are well connected politically and have a lot of finance backing. So its probably gonna reasonably moon in the next 2-3 years as long as BTC is back up.
Seems Like CRO seems best option for now but don't put everything on one Coin or token FTX is best example, Hope in future some better Dex will come with lower fees .
From all listed coins, I trust CRO the most.
All of them are similar in that sense, quite far from their all time high. CRO is a truly good option; After the latest developments I sold all my BNB, but I still Hold CRO, OKB, WBT, HT. I think at lease few of them will show good result.
Best option is CRO and crypto.com. Now is 0.9 cents and it peaked at almost 1 dollar.
Don't try to chase quick money. 99.9% times you will fail and loose. You are 16, so better buy some BTC, ETH or CRO and hold it for long-term and focus on getting an education.
CRO is where the lakers play I’m sure they’ll be fine haha
CRO is waiting in the shadows with all of its financial and sec issues resolved ready to swallow the market.
Crypto.com app for some sweet staking. Staked mine for the past 3 months and earned 200 CRO
bought CRO on coinbase, do i send it to crypto.com or the defi wallet after?
mite give in and buy CRO 🤷♂️
LRC, ENS, CRO I think LRC will replace sol, I think ens is no brainer if you believe in ethereum, I think CRO will fly because it’s one of the few exchanges doing well and once their rewards return it’ll be insane. I know Jack shit. Not advise
there are many alternatives to ETH, and ETH keeps evolving, and regardless of the gas fee, it's still the most adopted currency. To be honest, Cardano has a lot of potential, and there are many projects going on in building infrastructures. About financial uses, we saw how stable coins are not there yet, but I hope at some point we will be able to use crypto for transitions. I use a lot CRO right now between friends since we all are using crypto.com, and I like it. It's easy to access, cheap fees and very reliable.
CRO is currently sitting in 30. I did some maths a couple weeks ago and I can see it hitting 20x in a strong bull run if it becomes the dominant CEX. Second I’d probably say ATOM could become a top 10 which, in a bull run, should see it around 7x from here. I don’t have a third in the top 30 but FET or AGIX (both ~100) can probably 20x if the AI narrative continues. Nobody knows though.
Most large companies lay off staff in hard times. Microsoft let go 10,000 staff this year, Google cut 12,000. Obviously both are much larger companies and those are smaller percentages, but the point still holds true. There isn’t a token around that hasn’t been affected by the bear market. Cronos is currently 89% down from ATH. Vechain is 90% down, AAVE 83%, ICP 99%, Dot 89%, ADA 86%. I don’t think prices tanking in a bear market can be held against any company. With regards to incentives dropping. Sure, you’re right, they did. And CDC survived. The incentives have slowly returned. Call me crazy, but I do actually see a company not offering 20-30% interest on staking a good thing. If you look at all the exchanges that have died over the past two years, many were offering incentives that could be deemed as too good to be true. Nothing you have said is wrong. I think I just view these events in a different way to you. In my view, CDC has proved three things: 1) The company is run well enough to get through bad times and didn’t collapse like many others have. 2) The CRO token has shown it is able to bounce back from drops, demonstrating longevity which is vital in this market. 3) Most importantly, the company isn’t run by crooks like SBF & CZ. There hasn’t been a whisper about the SEC trying to sue them, peoples funds being misappropriated or any other dodgy shit.
You know that 99% of the projects will not survive right? They all can sound very revolutionary but in the end the real use case is important and CRO has it! Their layer1 is also something that does the job.
CRO! It will perform very good this in bull run. A lot of fondation behind it and obviously the much experienced crypto.com and their money.