I already have some EGLD ,but i plan to add more.Also i got to buy some RIDE at a good price,@ 1.45.I plan to add more to my EGLD stash this year,since i like their wallet,i like their staking APRs and i think if it will keep it going it's gonna have a bright future.
5x on your BTC investments will take a couple of years. Some other promising chains could do such flip easy. AVAX, SOL, EGLD, DOT, BNB have had such a good run. Low caps are also good at this moment as they are trading at a ridiculousely cheap rate. Added some ONE, BLOK, POP, IDEX to my bag as well
It all balls down to choice. Many would love to some promising alts now with the 1M option with the long-term hope it will make a 20x gem in coming years. Imagine doing so a couple of years back with DOGE and selling just at the peak. ADA did some numbers. EGLD and SOL as well. Others would choose the 5ok yearly option for life. That's a more suitable option for may owing to the fact that there's huge capital yearly to plunge into the market. I would choose the 50k yearly plan though. I'm here long-term and not leaving anytime soon. First crypto on my purchase would be POP. I would establish comfortable passive income rewards through the candy farms and earn multiple crypto assets while waiting for the next payment.
I don’t know about Terra, but the cool thing with Elrond network is that it’s been built from scratch, whereas a lot of other platforms (from my limited knowledge) are all based off the same architecture. What’s cool about EGLD, is the transaction costs… they are literally $0.02, so a lot cheaper than most. I also like the maiar wallet they created.
Yes that helps, thanks! I'm starting to see a pattern between how all of these projects operate similarly. I'm currently in the process of trying to figure out the Terra network, which has similar features/functions/apps for staking, liquidity pools, lending, etc. I guess EGLD is just another one similar to that.
tldr; Crypto analyst Michaël van de Poppe predicts that Bitcoin (BTC) might accelerate towards $46,000 if it can hold the $42,000 support level. He also predicts that XRP (XRP) and VeChain (VET) might break out after further consolidation within the range of support. Elrond (EGLD) might be bottomed, according to Van de Popp. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Buy some EGLD. Go to the Elrond website and look for the ‘exchange’. There are lots of YouTube clips on how to do it. But basically, you can then swap your EGLD for another Token called Mex which is the Maiar Exchange token. You can with farm pure Mex or go 50:50 EGLD/Mex and farm that. If you want the big %Apr’s, then you have to lock your rewards and create something called LkMex, which is locked until Dec2022 - Apr2023 (it slowly unlocks over that time period). So if you are after a quick buck, this isn’t for you. The reason they have done this is to stabilise the platform. By the time you get there, your pot should have grown considerably, so why leave? Other coins will become available, so as these percentages drop, you should be able to invest in others (they already have one called Ride). It’s just a very different way to buying a crypto coin and watching it go up or down, or staking it for minimal rewards. Oh, and (depending upon how much you put in) you can farm (Harvest) your rewards every day or whenever you need to. You then reinvest your harvest back into the system, hence why the APY is about 1,600% at the moment. It was +10,000% at launch! I hope that helps.
I honestly believe Elrond is working to bridge these gaps. Under the Maiar branding - they've provided a browser, a wallet, and a DEX. They just recently acquired UTrust which is used for business transactions. The maiar wallet uses herotags (username) allowing the sending of different cryptos (not just EGLD) to other users on the app to eliminate the need of writing down user's individual bitcoin address and egld address and whatever address. Is it currently everything we need? No. However, each step they take feels like another missing piece of a cohesive ecosystem.
Why would anyone ever use checks? Why would anyone ever use a card? Who would ever use PayPal? Who would ever use Venmo? I agree in some respect. As long as the GUI looks complex and is unintuitive, people will never adopt this. Shit needs to be simple and seamless. Also, the public will never tolerate the possibility of losing funds during a transaction error. Best offerings I’ve seen are Maiar Wallet (EGLD), Algorand Wallet, and crypto.com.
Or, put £30k into EGLD and farm the shit out of it! Forget your 12%, when the farm started on the 19th Nov, it started at 3,333% It’s been decreasing steadily, but it’s still about 285% and will give you about 1,600% APY on the EGLD/Mex farm. Get me some of that. I’ve over doubled my investment since the farming started in less than 2 months.
No, not on the green if you invested at 2.5$, you mean big red. Most of us entered when the hype was full and we're big on red and we regret our investment. I really wish I was investing in EGLD which has more potential than LRC, LRC gave us false hope.
My EGLD went over 500 usd a month a go, now its finding it hard to break the 190 resistance mark.... i suffer in silence This silence made me to go do my research and here i am pumped about the derivative market. Derived finance has a good read on it in its medium page.
HAHAHA. The market sells dip and buy the top... Vintage human behavior. Well i always try to get in early,got into SOL and EGLD early so apparently I'd be in profits. Talking about getting in early, i just got the DVDX, The derivative market looks like its going to go super parabolic this year
Yeah the first Cardano DEX did go live very effectively. There was also the EGLD DEX launched recently and I believe we're expecting the ALBT DEX mainnet to be released on the DOT parachain. A lot of projects are launching their respective DEXes.
This is the golden rule and it’s got me some good gains too. EGLD SOL ADA SPOOL. These are just a few of them. Spool is the most recent. I find it interesting because they aim to reduce the risk involved in liquidity mining
I would encourage checking out EGLD and the Elrond ecosystem. They even have a great farming/staking service. Basically a blockchain with low transaction costs, from my eyes it’s everything Solana promised, but more, and it doesn’t go down (unlike Solana which was shortly offline a week or two ago, again)
Bought - or should I say, FOMOd - into EGLD at 538 USDT. I even DCAd like a true ape at 473. Then at 462. My break even price is 491. As I am typing this, current price is 204. So, yeah, a nice 60% drop. Still haven't sold, though. Fortunately, that's only 5% of my total investments.
All that LKMEX you're farming until December next year might be able to cover some of your losses if not most. I got out of EGLD/MEX farms completely when they took the exchange offline for like 4-5 days and now only hold EGLD. Good luck mate
Elrond (EGLD) \- Among the best tech in the market \- Easy staking \- 14 million max supply \- 10-15% APR ​ Also, I'd definitely add ETH to your niece's portfolio. DOT would be another solid pick with auto staking.
EGLD says in the Maiar App when it is about Staking that there will be never more than 31 million EGLD. So I need proof that these 100 million ERD can still be converted 1:1 to EGLD or if this is a missunderstanding. This woul in fact be against their saying that it is limited to 31 million coins…
I looked at that coinbureau episode again. Here is the important bit: https://youtu.be/srUqAbkpwmE?t=878 Summarized: There are still 100s of Millions of ERD tokens held by whales who could convert it all to EGLD dramatically increasing EGLDs supply and crashing the price..
i do support that:) i could imagine that both will survive in a way but for me the whole look and feel for EGLD is nicer to me and the app is clearly a big plus for elrond regarding mass adoption. it looks like revolut and touches the nerve of time. you dont get mass adoption with a cumbersome online, web wallet i think we cant do anything wrong by investing in either of them as they will for sure gain more traction and on the way it will better crystallize which one will be the „winner“ if any…
>I am not sure about NEAR or ONE which are mentioned more less in the same sentence sometimes but the „package“ EGLD offers is quite nice. I am a huge fan of NEAR, so I will be shilling near here. >Has its own app, the maiar App. Which can be used to get, send, stake and obviously keep EGLD and some other Coins. It can be used to the Maiar DEX which is point two. I guess there's not mobile app at the moment for near, but the online wallet is very good. Slight inconvenience, but nothing major >Maiar DEX. A dex for Elrond, MEX (the native coin of the dex) and some USDC on the elrond chain as also RIDE, a new Token for the Holoride Project. Some Pools are having high rewards when you accept to lock your earnings. fine for me, lets see where the travel goes to… Near have dex too, like Ref finance(so does many L1 chain nowadays, so I don't believe it's really that big of a plus. >it has a finitie supply of 31 million pieces, currently around 15% staking rewards that get paid daily and is thanks to sharding capable of a shitload of TPS and is therefore quite fast. I don't follow the max finite supply, most coin have max finite supply anyway(so does near). I agree that the staking reward is slightly higher than near at 10%, but this numbers are not very meaningful. Any blockchain can determines their own staking reward %, and so higher staking reward probably just mean less appreciation in price. Regarding sharding, near have sharding too, and the team that does sharding at near is insanely brilliant. The founder is a director of engineering at MemSQL(which is specialised in sharding database), and also they have many ICPC(most prestigious competitive programming contest in university) and topcoder Champion. In comparison, ([https://elrond.com/team/](https://elrond.com/team/)), they claim to be olympiads champion in math and informatics, but I don't see their name in any prestigious contest, so I suspect it's mostly just regional competition. In my opinion, I have more confidence in the near team to have a better sharding solution as compared to elrond. > It supports the Ledger with the online wallet and the dex which is nice. I might have missed some things. Well, it is actually a staking, so PoS Consens blockchain. Same for near. In conclusion, I think they are similar in many ways, I am just more bullish in near as compared to egld is due to how impressive the near team is when its come to sharding.
EGLD not sure if it’s got a negative stigma but people definitely aren’t talking about it on this sub. I’m long on their maiar dex too, great staking and farming system. When I first got in their APY was ~59,000%. It’s now sitting at ~1,900% now that more people have discovered them
Yeah I also agree they are the best right now. I'm going to consider hedging my bets and investing in near as well as Elrond though I'd be surprised if near can beat the EGLD/MEX APR right now (around 300%) though maybe I'm wrong as I've just started really looking into near - do they have LP farming?
Another vote here for CRO. Crypto.com has gone from a shitty exchange to a major player. With the creation of their blockchain CRO should end up with the profit potential of BNB or KCS. Although there are alot more coins to burn than either if those. But I see it somewhere in the $5-$10 range in the next year. Don't underestimate MATIC(Polygon). Their assistance in developing POLX(Polylastic) is what real investors look for. Basically the S&P 500 of crypto. So I would seriously consider adding both MATIC and POLX. I have seen some ridiculous predictions for POLX when the indexes launch in Q1 of 2022. Some up to $10(lol) but more conservatively I could see $0.015 ballpark. If once were to get in now pre-launch, we'll it would be a fun ride. Other interesting coins to me are UFO and MOVE. Gaming and A.I. are pretty special in the cryptoverse with that said holding EGLD is another good one to me.
it'll practically be me going for all the gems i missed, like EGLD, SOL, FTM,...but most mportantly, i'll be grabbing a biigger bag of POP, whch has been promising and still is, as its, being a partnership validator that uses mlps to prove commitment.