"If it goes to a dollar, we'll be millionaires!" - That's something I've heard from friends who invest in the coins that are still well below a dollar, but I've also heard "If it goes to a penny...!" or even "1/1,000 of a penny!" Here are the current top 10 non-stable coins that are below $1.00 US:
After a crazy journey into the BSC Network altcoin underworld, telegram presale private groups and thinking I'm smart... I will only invest from now on in BTH and a little bit in ETH. I will tell you with detail my journey, sorry for the long post.
I feel bad for those that held UST because it was supposed to be a safehaven. Imagine thinking you were now safe in a USD equivalent and then losing 80% overnight. I once held UST for a few days on Coinbase when I converted GRT to stables during a bear period. Can't imagine how furious I'd have been if that went to 0
USA taxes. If I do not want to pay for crypto tax software and only plan to use the coinbase debit card for rewards (eventually I plan to make this my only exposure to crypto), can I just be like "Dear my accountant, I made X dollars in coinabse rewards, I got it in XLM/GRT/Rally but I pretty much instaconverted it to stablecoins each time so here is a ballpark of how much money I made, can you figure it out?" Or do I need to send him a CSV file or something from coinbase so he can do the calculations precisely? It would likely be only off by a few cents off my ballpark unless XLM/GRT/Rally crashed decreased significantly within a few hours after getting the rewards each time I just don't have any other card that can give flat 4% on everything under 2500 USD so I'm hoping I can figure out how to do the coinbase debit card taxes efficiently/not have to pay for software that would wipe out my rewards
I’m accumulating BTC, Eth, and DOT during this bear. There will be occasional sprinkles of ATOM, MATIC, ALGO, MINA, and SCRT. On rare occasion I may add some AAVE or GRT. This is my DCA recipe 👨🏻🍳✨
Let’s talk the Coinbase debit card & getting more sats. I’ve currently got the BlockFi credit card that offers 1.5% back in BTC. Love it. However, I came across a comment here that they use their Coinbase debit card, get 4% back in either XLM or GRT, and then immediately swap it for BTC. In my head, as long as the spread isn’t 50% (good god) then they’re playing the system well to their advantage. Even if you liberally put aside .5% for Coinbase fees and .5% for capital gains tax, you’re making 3% back in BTC on your purchases. Am I looking at this strategy too naively?
A lot of project tokens are used to pay fees in order to use the service on which the token is built on. An example is The graph(GRT). In order to query data from blockchain and make a subgraph, you need to have some GRT to pay to the network for the service to be provided.
Here's what I plan to buy in terms of weighting: Biggest bag: ETH Medium sized bags: ADA, DOT Haven't yet decided between medium or small: LINK, SOL Smaller bags: BAT, CTSI, ENJ, EFI, GRT
Well frig...I was just 5 minutes away from buying some more ONE. Well, i'm going to get some Algo and i'm thinking about GRT & NEAR. I've contemplated spending 0.70 cents on Luna too but idk if it can be brought back from the dead!
Coinbase debit card rewards -> if I want to lock their value in before crypto drops any more in price, are there any better options than swapping them for DAI? Just a bit nervous if the whales go after DAI's peg The problem is this: coinbase charges a fee for swapping the XLM rewards for USDC (like 99 cents which is alot if I only have a few bucks at a time of rewards) I could send them to coinbase pro every single time I get rewards but that's a bit much So it leaves me with DAI or RAI as swap options to lock in the rewards values but that exposes me to DAI's peg stability which will probably hold but I'd rather not have to think about it Also I thought the coinbase debit card rewards were changed to rotating or something but they never asked me to change from XLM to something else, anyone knows how this works? Should I swap it to GRT or rally now?
it's an indexing/querying protocol for other (mainly ethereum) projects - it isn't 'google of the blockchain' in the sense that people use it for every day web searches for where to find pizza. GRT's price isn't directly correlated with whether or not it has uses. i've been part of projects that use the protocol, it's useful.
For those playing along at home, I put my learn and earn from CB of 1.23 (either AMP or GRT from memory) onto WLUNA yesterday and it is now 18.09. My best crypto result ever. This thing just keeps on keeping on
This guy’s speaking the truth. But one thing to not overlook is in the previous market, there weren’t as many needs for new coins. Most of them were competing L1 coins. L1 battles are still ongoing with new entrants coming and going. Projects like Polkadot, , Solana, Cosmos, Algorand, Harmony One, NEAR, ELROND etc along with battle tested BNB, Cardano, Stellar etc. A few of them will survive. Others will go into oblivion of 100+ in coin ranks. Then there’s an infrastructure level requirement that arises due to many people wanting and trying to build useful applications on top of these L1s. You need LINK for fetching almost all real world data. You need GRT if you want your Dapp to have quick access to blockchain data. L2 coins are also infrastructural coins. You want to scale your dapp to let most people use it, you need an l2 like polygon. Thorchain for an interoperable bridge across L1s. Arweave/Filecoin for storage(all NFT files are stored in these two). Picking a winner is tough, but sensing who can fill what role by understanding the gaps in the current technology will help make a better bet. Then there is the application level. Which app is where people are spending money on? uniswap sees daily trade of over a billion dollars with the option to earn around 0.05% of the trades in fees, you can see how large its revenue could be. Or curve, for stable assets. This is even harder to do. Since the code is open sourced, someone better could come along the way with a way better product. And some of these projects have terrible token economics and are doomed to fail even if the project is good. So if you don’t have the time to research, understand technology and economics,buy BTC and ETH. You will do fine.
LINK and GRT as accessories to Ethereum. GRT has terrible price action with its tokenomics and vesting schedule but it's got a unique use case and should be utilised. Also ATOM, maybe ADA, TEZOS, ALGO, ONE? Probably bias as that my portfolio.
LUNA kinda casts doubt on a lot of the confidence I had on the projects I’m invested in right now. Still counting on my DOT, ALGO, and MATIC to make it through this. Oddly enough I def see LTC coming out of this okay, and probably ADA too. SOL is a toss up for me at this point, though I’ve never been a fan of it. I think GRT, LINK and XLM will get hit pretty hard but survive.
Ok, I saw your comment wanting logic behind why I believe in my alts. I only own Quant, Chainlink and a little bit of GRT. I'm 80% Quant because I believe interoperability between crypto and the rest of the world I going to be very important. The founder Is massively connected and already has serious partnerships. Chainlink is because .... its bloody Chainlink, that's why. And Grt is a good project but I only put $100 in
What is everyone doing with alts. I’m about 60% BTC and ETH but does everyone else just hold onto the likes of SOL, LINK, GRT, ALGO, DOT, CHILIZ or sell them for BTC now even though it’s at a huuuge loss?
Just finished another Coinbase E&L for $2 worth of GRT. This is the second E&L I've finished to earn GRT. I thought these E&Ls were about building awareness and increasing wallet numbers/decentralization. But this E&L had me read an article/ad about their upcoming conference. I'm excited about this use case and about being PAID to view an ad and learn about a product. Not to mention, I'm getting way more GRT this time around due to the price drop.
Yeah, GRT. I've been watching it since it launched (late 2020) and made some solid gains in the beginning. It's been on a real long slide since then, but in my opinion has real utility in the Crypto universe. People have called it the 'Google' of Crypto, which is maybe a stretch but I trust in it's potential
Long term, GRT (The Graph) imo has a lot of potential, maybe even short term I could see a jump back toward a dollar this year. Also feeling good about Shping and think it's gonna make a nice run soon. That's where my bag sits at the moment. I feel like it's gonna follow Pluton, one that I didn't get in when I would have liked.
Dang.. If the entire space dropped 30% from where it is now, you'd have 1600$ ETH.. 8$ DOT.. 10$ ATOM, 42c ALGO, 36c XRP, 17c GRT, 1.25 SAND, 60c MATIC, 6.20$ LINK... I mean, long-term holders would be happy if they dipped lower but.. Even if they never went lower than those general numbers (not sure how likely it is that the market craps out beyond 80% of ATH ).. those numbers sound pretty damn appealing to me if you believe that these projects will make it out the other end.
If you're not buying at these levels then Idk what to tell you. Yes it could go down more, but we also may be at the floor of $32k again and move back up towards $38k. Snagged more ETH/LINK/GRT for my bag and will really load up if we dip into the 20s
I know GRT price action has been super shit this past year, but I'm surprised not more people talk about it here. Considering entering at 0.29$ now. I know there's a shit show ahead, but I have a strong feeling about this project. To put it simply, if you believe in Web 3.0 and don't hold Link and GRT, why are you even here? 🤔
I tried that but the precision CBP let you buy in isn’t fine enough. If I have 0.00660252 GRT (8 decimals), the minimum I can buy is to 0.0001 (4 decimals), and the minimum I can withdraw is to .01 (2 decimals). The actual minimum GRT needed to withdraw to CBP is 20 GRT, but I’m unable to buy exactly 19.99339748 to meet the minimum and clear it out.
HTF do I get rid of crypto dust on Coinbase Pro? I tried following [this Reddit post from a few years ago](https://np.reddit.com/r/CoinBase/comments/ffov9k/how_to_clean_the_dust_in_your_coinbase_pro_and/) but I can’t place a buy order lower than 2 decimal places or withdraw the full amount to Coinbase. How do I empty out 0.00660252 GRT, 0.01995948 DOGE, 0.00403864 UST, etc?
I don't agree with you OP. You should not only ask yourself if a project is developing a strong technology that helps the environment, but you sould take a look at the tokenomics too! There are so many valuable projects that are so useful for blockchain networks that are down A LOT for years even thought they are needed. Just look at GRT (I studied their project so I know what I'm talking about), incredible use case with no real competitors on the market, yet it's down like 80% from ATH and keeps going down month after month (their tokenomics is terrible rn, inflation is high), even thought all Ethereum dapps are built using The Graph protocol. Obviously I'm open for discussions guys, if you want to change my mind comment down here!
Setting aside the morality of it all If you got in early and fully aware of all the shenanigans. You can still extract money from "lunatics". There is usually always a greater fool unless you are that fool The only upside to Terra is its feed back loop with Luna. Which ironically is now at risk by the developers diluting its position with BTC, AAVE and whatever they decide to add. Including centralized stablecoins such as USDC So buying and holding Terra is on paper a dumb idea. If nearly 60% of the backing of the stablecoin it's supposed to back isn't even in Terra but in BTC. Why not just buy BTC? In fact if you are an insider or have access to what Terra labs is going to buy up next why not just front run people. E.g buy AAVE before the buy in so you can then dump on "Lunatics" buying in on the hype. Similar to how Ifinex, Alameda ( FTX) and Coinbase Ventures got caught doing this again, again and again.... If VCs got Terra at $0.18 then they can literally sell down from current ~$86 to $0.20 and still be in profit. So the "lunatics" similar to what's happened before with GRT are at this point glorified exit capital. However this is where the concept of a "frog in boiling water comes in" Because Terra is in a feed back loop you can just artificially pump the price and dump on "lunatics" believing that this is the moon shot. As a result this distribution can be stretched out over months or years e.g EOS had $4 billion in fun raising to deploy from 2017 to "strategically buy back" So once again if you know when these feed back loops will occur and sell offs you can essentially swing Terra for 10% to 20% profits. Or short in the opposite direction. In the video they even state that Terra labs has actively done this with liquidation events However since you are asking. I don't think you have the capital or insider knowledge so you would essentially be gambling. Best thing to do is stay away or if you think you arn't going to be the fool....Gamble! Overall as one of the hosts says if you have been in financial markets or even crypto for some time this is the most obvious scheme. But because everyone believes they arn't the fool they will get rich " We all still early guys, this time is different. HODL"