Reddit Posts
The importance and methods of diversifying.
Mentions
This. The only reason they pump is because of their big communities. No actual utilities. If they really want smaller market caps people need to actually do their research. Plenty of them on platforms like Kucoin and MEXC. Like ALBT on the former (bridging DeFi and TradFi) DVDX on the latter (derivatives). Also, layers 2 likes MATIC and oracles likr DIA or LINK. Other than that, majority of one's portfolio on the safer side is better as BTC and ETH.
Exactly. This has been happening for months. We should be prepared for it to drop again. I'm keeping some savings aside to buy BTC if it bottoms again, maybe a bit of ETH considering the merge and some small market cap alts like DVDX. Till then I'm most likely going to be hiding under my stablecoins by staking them on DeFi middlewares. Particularly only staking DAI and USDC on lower risk pools with Spool Fi. Thought of initially using Curve Fi but thank God I didn't , lol. This one is a safer option for diversification.
Not true. Everyone should invest only as much as they can afford to lose, even if that's a few $100s. OP can look into small market caps to begin with. Though, I already recommended a few things above, I'd suggest DVDX or ALBT. The latter has a good DEX too on EWT. Anything on Kucoin too. A lot of good small Mcaps there.
Definitely a good strategy. I always DCA and then diverisfy either into another asset like index stocks, including VTI or other commodities on DVDX. But most recently it's been stablecoins, USDC and DAI more specifically on yield generators like AAVE, COMP or DeFi middlewares like SPOOL. The third one helps diversify a lot more.
LMAO I'm only invested in VTI but this was hilarious. I'm thinking of diversifying into the derivative market. Maybe with something like DVDX. Already diversifying with Automated yield aggregators like SPOOL and I'm thinking of other commodities too.
LMAO. Reminds me, I was looking into bug bounties to pass my time and earn an extra bonus anywhere. Came across ALBT's DEX mainnet bug bountry and DVDX's Binary options 2.0 one. And then, surprisingly, came across a 10k reward for a Kucoin BTC price prediction game. I was astounded. Marketing on another level, and during a market so volatile, no one would be able to accurately predict it in any case
There have been bug bounties with decent prizes. I think recently DVDX had one, and so did ALBT for their DEX mainnet. Not sure if it's still ongoing but the latter is ranked the fourth most secure alt on the AVAX ecosystem, so I'd say your point is correct.
The best way to go about it is to keep DCAing till the bulls come. I’ve picked DVDX DOT and XDB because of utilities
Is has a good use case that will help the token stay valuable for the long run. It’s similar to DVDX.
You saving stables? Lol. People that saved UST are all crying now. It's better to diversify in Alts IMO or buy one alt like DVDX that will automatically make your port diversified.
Exactly this. Got a lot of projects that are backed by investors like GAINZ, including DVDX, look to partners so I got SUPRA, AVAX for their JOE DEX, and BRKL for environment focused NFTs.
I added Bbank to my weekly watchlist after their partnership with DVDX. It was a good one for both parties
I recently converted my Doge to DVDX ahead of their zero slippage DEX launch. Different strategy, same goal
When i see +50% on each of these gems. DVDX XRP DOT EGLD and SOL. Am officially changing my name to the Greatest Investor of the 21st century
I wish just everyone could see this. Some months back I bagged a 10x from DVDX and after taking profits the dip came and market retraced. I’d have lost a whole lot if I remained in the market. And it looks like they’re regrouping for another massive pump as the team is working on both binary options 2.0 and zero slippage DEX simultaneous
ADA and DVDX are top of My DCA list for this month and maybe next. They’ve shown lots of potentials too. I might check some cardano native tokens later kn
I had to buy some DVDX because of their zero slippage dex so I could turn that profits into more BTC. So help me God
Lol.. why are you just interested in XLM alone? Is that the only alt you are invested in or you are a whale there? Seems you forgot about diversification either by going into one project like DVDX or picking random ones like ETH XLM BTC ... You wouldn't be this worried if you diversified..
Assuming this is the bottom, then I’ll count myself super smart. LOL. Successfully bagged most of the coins I’ve been watching at these low levels. DVDX XDB ORE DOT XRP. These have all shown significant potentials over time
How about if you’re getting 36% on cryptos. Last time I staked DVDX on unifarm, the APY was just about the same. Am looking to significantly reduce my risk levels
If I had invested 5k then, it’ll probably be lower then 500 right now so option one is a no for me. Investing 500 now with this knowledge given the market conditions would be great. I’ll DCA into DOT DVDX and XDB for long term profits
The LUNA crash was uncalled for. Shook the whole market. I don't know if MKR could fill the spot there. I've heard of DAI but I'd personally invest in projects like BTC, ETH and DVDX, latter for hybrid tokens, particularly. Also, RIDE for their association with Audi
Basically to protect my assets against the volatility of the crypto market but recently UST just made that impossible, but I am keeping my eye on USDx from DVDX which can be leveraged minted for as high as 3X, as i would need it to access binary options on the Derived MVP.
DVDX reminds me of TXA, both are solid projects too. DVDX has it hybrid token and TXA is responsible for building the decentralized settlement layer for the Tacen's hybridDex.
Am glad he didn’t listen. Now we all have to learn from his mistakes. Was able to dump Luna at 60. Now I’ve got enough to DCA into EGLD SOL and DVDX
I'm holding DVDX and it was scary seeing it go -26% last week when the market was all red.
In fact, aside from MATIC, put all of your projects to work. DVDX staked on Unifarm, ORE on LMaaS, BRKL on BSC.
Same. Invested a bit too much in BRKL, AVAX and DVDX. Especially the latter because I thought I'd be able to trade stocks on their platform at the moment. But the feature hasn't gone live yet. So I got to HODL through the bear
Lol... I love this description "deathspiral" who's even thinking about LUNA being safe again... People aren't gonna give it a second chance.. TBH, I'm always grateful for spending 80% of my investment money on DVDX and 20% on LUNA against my friend's persuasion to do the opposite early this year... Would have been depressed by now .
The first time I saw someone talk about the DVDX, I thought it was a typo of DYDX. LOL. As per market recovery, I'm not sure it will be anytime soon. But this is crypto, anything can happen.
I have come across a couple of DEXes today, seems the industry is experiencing massive inflow of DEXes and some are coming on board with amazing utilities like DVDX which intends to offer zero slippage, what special feature comes with the Pegasys DEX?
Does this really work? I mean do you get to buy/sell at the same prices as you made the decision the previous day. I intend to DCA into DVDX now, and i would make use of your strategy let's see if it would work for me as well.
Would this affect pairs on BBANK like FTM too? Like the DVDX/USDT pair?
Nice one mate. I also bought some chainlink and DVDX recently. Let’s hope the bulls come quicker
Liquidated majority of your Alts? I can’t do that man. I was even thinking of adding DVDX because they’re building a zero slippage Dex and some more EGLD. We shall see the end
I think at these cheap prices, it's super hard not to eye any of these alts currently eyeing DVDX ahead of its upcoming Binary Option on the Derived Finance Dex.
I value projects based on the solutions they bring to the crypto space, community, ecosystem and their competitors. These logic has helped me with some of the gems I hodl like DVDX, EGLD and AXS.
I agree. KDA, DOT for web 3, DVDX for leveraged minting, POP for liquidity mining
When you believe in a project no matter the dip you buy because you have certainty of a price surge coming. My belief in DVDX is what makes me keep buying at every dip. The President will in time transcend the doubters in the country to true believers
It’s quite commendable seeing crypto projects stay environmental conscious, alongside ALGO I think BRKL which is partnered DVDX also offer environmental solutions with their NFTs.
You are quite focused on Large caps, quite a smart way to help reduce how much you can lose, I actually added a couple low cap gems to my bag the likes of DVDX and MIR, both cause of for synthetic assets.
Congrats! I hope this is Bitcoin LOL. I'm bagging DVDX, not 1/100 but rather over 100k of the coin as I believe the synthetic protocol will lead me to early retirement.
It’s practically inevitable. After DVDX launched their startup, the coin pumped 10x and lots of people chickened out and sold. As expected the price dropped slightly. But with the zero slippage dex imminent? It looks like it’ll be back again.
Have you staked on any of their pools? How did it go. I’ve been staking my DVDX on unifarm for a little over 35% APY. Sounds like a fair trade
Everyone seems to be buying the dip right now. Remember the old cliché about buying when it dips. I also noticed some long positions being opened on DVDX after that blockbank partnership
Plan was to get familiar with good potential crypto projects. And it has not been disappointing. Was able to bag some NEAR at a pretty early stage, got to know about DOT EGLD and low caps like DVDX and DRIP.
I know forex is tricky but why not binary options? I see even DVDX offers it and many projects have reached their ATH because of it. I assume it's risky because it's basically a gamble, but do the benefits outweigh that? Also, which stocks then? GOOG? Someone suggested index funds
I see the slippage for SHEBA is around 3 to 5%. Not a bad one, decent compared to others, but I think there are projects like DVDX that have 0% slippage. What kind of NFTs will they have though??
Unifarm is a staking platform though. But I assume if you can build a DAO on xdao then it would be sufficient to stake DVDX or ORE? not sure how that works, but I also know DVDX is prominently to trade crypto, stocks and forex on one platform, so I don't know if it would be of use with xdao.
There's no staking on xdao. You can use it to build a DAO and stake DVDX, ORE, REEF on Unifarm for instance. If you stake on a platform that rewards bigger stakers, that is where you will enjoy the most advantage.
Really good strategy. I’ll try it out on DVDX and DRIP.
I'm basically buying the dip every time I buy DVDX as it is at an ATL. Nothing will stop this synthetic assets protocol from reviving the value it once had and going the distance with the solution it is bringing to the DeFi space
Also got DVDX staked on unifarm. Was a good decision indeed
Nice. Got my DVDX bag staked on Unifarm, BBANK staked on their app, ORE and REEF as well. And of course, EGLD. I can finally actually keep my profits rather than pay 80% tax lol
What's the staking APY like though? I've been staking DVDX at a minute of 36% on Unifarm, alongside ORE and previously REEF
My favorite is BUSD because I could easily swap for low cap bsc gems like DVDX and XDB
I would rather make use of DEXes so I don't relinquish the control of my assets to some CEXes, with DVDX offering zero slippage and unlimited liquidity that could be the way to go.
Been holding XRP for a while now and TBF I can’t sell because am at a loss. And maybe because of it’s potential. Same with DVDX. the potentials are high because of their zero slippage DEX
I also use binance mainly because it’s home to some of the most promising low caps like DVDX and UBXT. EGLD is also great because of its speed. It can perform over 70k TPS
Would you do an analysis on DVDX. I could really use one right now.
Then we’re in a bear market and they keep hoping it goes lower. I already bagged some BTC ETH DVDX EGLD DOT and XRP. Let the moon come quickly
Then we’re in a bear market and they keep hoping it goes lower. I already bagged some BTC ETH DVDX EGLD DOT and XRP. Let the moon come quickly
ADA is never gonna lead the market again... The big question now should be when it will reclaim it's position... Now choose the likes of SOL and DVDX over cardano, unless it back to it's previous trading volume...
Lots of staking pools if not all of ‘em have auto-compounding features. I was earning about 36% on my DVDX staking and even more on DOT
If you got the $ to get a substantial amount then why not. Unless you’re not planning to throw a thousand in it because you might get frustrated with the gains. Alts tend to give better gains in these situations. Can’t remember last time BTC did a 10x. But I sure can remember when DVDX did and GMT too
Not your 🔑 not your $ You realize these exchanges can just wake up to a bad day and feel like closing up. It’s way too risky bruh. Bought a shitload of DVDX on Bitmart before their last hack. Well good thing is my tokens were saved and am never gonna store em on an exchange again. CZ looks like a really cool guy but NO
Same here man. Doing the DCA strategy gives you more room to bag more. I love to play around EGLD, DOT, ATOM and DVDX
Of course. The hype was really high back then. Lots of influencers talked about it. So yeah it was shilled. I also see the likes of GMT DVDX and NEAR again lots of momentum
I don’t think so mate. You could easily get 10X or more holding an altcoin but it’s gonna take a long while before btc pumps 2x.. I bagged 10X from DVDX some weeks back. Can’t remember the last time btc did that
Yeah if that suits your investment pattern. Buy low caps like DVDX or CHZ. and wait for a possible 10X
I find this to be true. Imagine you have $1k it might take months for btc to go 2x for you to double your investment. But with ALTs like GMT or DVDX, it’s easy to make a lot of money
SAND is the P2E, right? Started hearing of it back when DVDX had just had their IDO. It was commonly named with MANA
And if you don't get out, you lose out. Big time. I'd stick to projects with APYs ranging from 250% to 36% like ORE or DVDX. Even the 20% in BBANK.
DVDX I see lots of potentials in this one because their products will thrive in the DeFi economy. A decentralized trading system that allows users trade stocks and forex for 24/7 with unlimited liquidity and zero slippage
Honestly man. I prefer to take profits because you don’t know the next direction of the market. A good example is after I bagged a 10x on DVDX, the market retraced almost to my entry point and stayed there for a while. Although I heard the team is working on a zero slippage dex right now but am really happy I took profits
I recently picked up interest in DVDX after I saw their features. 3X leveraged, unlimited liquidity and zero slippage. These are all solid products
I don’t care. Most of my gems are on BSC so ether can crash. DVDX XDB etc.
That's pretty good. What NFT? I've seen DVDX's partner ALBT also has a pretty good selection of environmentally focussed NFTs. And IXS has fractionalized ones.
Well not just privacy coins will win from this, native tokens of decentralized trading platforms will record good demand, betting DVDX pulling a good run in coming days.
I view them as investments just like I see stocks especially when they have great utilities like DVDX which allows you access 3X leveraged minting on the Derived Platform.
I do the same once I can establish the token has several utilities, an example is DVDX considering it's needed to access the Derived Finance MVP leverage minting, buying it at this price is a no brainer.
I am currently buying DVDX, with lots of regulations on board I think DEXes would record lots of success taunting DVDX to come out on top considering they offer zero slippage alongside unlimited liquidity.
Large caps wont give you as much returns as small cap gems and that's my strategy, i intend to share a part of my portfolio among small caps like DVDX, TRIAS and MOVR.
Well, one which does have a real-life use case is DVDX in my opinion considering it can be used to access the Derived Finance MVP where you can trade binary options alongside other financial markets.
It’s a good day to buy low caps. DVDX XDB DRIP CHZ AGLD And not Ethereum or btc
Until I become a crypto millionaire. Or we see a thousand X on NEAR and DVDX. Only then are we going to stop being early
BTC and ETH? Yes. Pump and dumps like DOGE? No. But there's middle ground like SUPRA and DVDX, which depends on their use cases. The former has great partners and a lot of mid term potential. The latter lets you trade crypto, stocks and forex in one place, longer term potential.
DVDX should be in this list. They have some amazing products that are focused on helping defi grow
$DVDX should be considered, they’ve got some good fundamentals and use cases to watch out for
For investment, I would say pay attention to DVDX, you get access to 3X leverage minting with it on the Derived MVP.
I would most likely suggest DVDX considering it's hybrid tokens is set to go live on it's Derived MVP soon.
There are quite a number, but I will be suggesting the ones with top usecases like DVDX; which gives you access to 3X leveraged minting on the Derived MVP.
Right. I think that was the wrong term used by OP. But I personally dont think it's a bad idea on the side. Though I stake my alts on Unifarm like UFARM, and DVDX while I wait for their hybrid tokens, gaming to earn isn't that bad an idea
You can also always look into coins that have showed a good amount of potential, especially during this bearmarket like NEAR. I think you can also stake OCT on their ecosystem but that isn't a stablecoin. I personally have only been staking alts on Unifarm like DVDX but the APY has been around 250-36% on a 180 day pool.
DOT XRP MANA ROSE DVDX CHZ These are some of the potential moonshot to watch out for this coming bull season
Checked my DVDX chart today and finally saw some bullish momentum after a long while. It looks like the bulls are back
Exactly DCA and diversify are the only two strategies I've been using. I've been DCAing into DVDX, BRKL, SUPRA recently. And thinking of diversifying into stocks alongside crypto on the Derived finance platform. It's done me good so far, let's see later on.
Yeah, it's always good to DYOR and get into your gems early. Using this time of uncertainty in the market to load up on some undervalued gems like DVDX.
When you consider the technologies coming to the crypto industry, I think a 10T MCAP for the Crypto industry is still undervalued. Pretty optimistic some of my gems would pull a good return, especially the ones with good use cases like DVDX that gives access to traditional financial markets on the blockchain.
So will Rivian he available on platforms like I mentioned above? Or do they need listings etc? How does it work with stocks? I know forex, stocks and crypto can be traded in one place with DVDX but maybe more of the common ones like Apple and Google. What about SCHD? What are they into? Exxon seems to be pretty good. ETFs also seem to be great with the whole DeFi, TradFi thing