Right now? Nothing. 50/50 USDC and sUSD and stake for 10% yield on Optimism while we wait to return to normal price action. After a 15-20% move down? 60% ETH, 20% ILV, 20% SNX… stake SNX, buy more ILV with the sUSD I get from staking.
I've been DCAing around 200$ each week into crypto. I've been buying 100$ of ETH each week no matter what pretty much. The other 100$ I will purchase ETH if my average entry on ETH is higher than the current price. According to my portfolio tracker, my average entry on ETH is around 1400$ right now, so I'm just buying ETH. If my average entry is lower than the current price, I'll put that other 100$ into an alt with seemingly good long term prospects and a good entry price. Whenever I reach a certain amount of money saved up in cash, typically around 10k. I'll take 1000-2000$ from that 10k cash and yolo it into some alts in hopes of timing the bottom. This will reduce my cash reserves to 8-9k and take a few weeks to build back up and then I just repeat the process. ALGO, TLOS, MATIC, ILV are my biggest positions besides ETH. I was thinking about ADA as it's one of the few coins that has suffered through bear markets and reached new ATHs, especially with SOL showing that VC backed L1s are artificially propped up. I have very low expenses so that amount of cash would typically be more than plenty for any issues. I'm hoping we are in a bear market for a long time as these are great prices to accumulate. The macro situation is very poor. All other times BTC\\crypto plummeted we were never this poor in terms of global outlook, so it might take a while to get out of this rut. Keep dcaing in the mean time with bigger lump sum purchases around every two months is my strategy. We will see how it works out.
My DCA plan is very simple. I buy ETH until my average entry is either the same or lower than the current price of ETH. I then venture into alts I believe will be around in the next 5 years and can get a nice pump based on market cap. I try to find coins that look like they have a decent chance at being around in the next 5 years and are at low market caps so they can pump easier. My only green picks are ALGO, TELOS and QNT. I'm super red with HYDRA, ILV for my riskier low caps.
Sounds like you want to gamble. I’d put half into MATIC because I think it’s the most likely to rise and probably rise more than BTC or ETH. The other 50% would go into a moonshot. ILV, YGG, AGLD or VRA would be my picks (I have tiny positions in each of these but am not trying to shill them, I just think they’re most likely to explode over the next 6-24 months). The MATIC is a 2x+ hedge in case the moonshot dies, although I didn’t predict MATIC’s recent price movement so it might not even 2x again from here in your timeframe. For transparency from the shill point of view, MATIC is one of my biggest shares of my portfolio.
We can both agree we are in abyss. During such enviroment I advise you look at coins that have established strong trends. You'll have enough time to buy others when the get going. It takes time. ILV can't find a bottom. Keep away for now.
ILV Land ties into the main game through fuel sales to players once the game launches. It is not directly tied to ILV price, other than the minting of SILV2 instead of ILV, reducing ILV supply. I agree. ILV is a great buy right now at $70. ILV price action was negative due to token unlocks and the game got delayed. I still believe in the project, just waiting for it to launch.
Cheers brother. God bless rng that day haha. Yeah ILV I like too but definitely needs some proving too do along with some nasty unlocks of tokens if I recall and sILV issues earlier in the year. I did trade that bad boy pretty well, last sell on it was in the 1300s. I definitely want to pick some up and hope ILV does well as it’s Australian mostly too, the dev team I believe. It also looks pretty polished in terms of graphics for a p2e
Yeah, I think I got a pretty good Meme Team. I didn't care for a lot of the Aww Friends but yours is one of the few I liked so far. Some Drip Squads are really cool but most of The Singularity is kinda generic. Definitely not too bad if you like robots though. Btw on the topic of cryptos during this bear market, I know for sure that I like Bitcoin (BTC), Monero (XMR), and Illuvium (ILV). I ended up searching around to see what others I might like to buy into for the dip and that's how I came to this post.
ILV in the gaming area is a great pick, bullish on SYN as well(would put in more than 50 definitely) i would switch MATIC with VLX cuz its sharper, faster and more secure..with finality time of 1.2 seconds its lightning fast..I do miss on SOL at this list, it will go thru its ATH next time 99.9% imo
Do you want to learn about GameFi project to invest or to play? In my opinion there isn't much at the moment but some AAA'ish blockchain game are in development. -Decimated $DIO -Metastrike $MTS -Star Atlas $POLIS $ATLAS -Legends of Elumia $ELU -Cryowar $CWAR -Illuvium $ILV -CryptoCitizen $CCASH DYOR on these. Some look like they could legit be fun when they release.
Let me save you a click: 1. Syntetix network token (SNX) 2. Gala (GALA) 3. Audius (AUDIO) 4. DAO Maker (DAO) 5. Illuvium (ILV) 6. Origin Protocol (OGN) 7. Moonriver (MOVR) 8. XCAD network (XCAD) 9. Orion Protocol (ORN) 10. RMRK (RMRK) Good bot?
All I can say for certain is that quality projects with great teams behind them that are going to launch REAL GAMES--those are the only metaverse projects that will be successful in the long term. Most of the metaverse projects are made by small, amateur teams with limited experience and don't know how to deliver a great gaming experience that is focused on FUN, not just grinding for ponzi like P2E mechanics. All of that said, my favorite metaverse project that has a great team of 200+ veteran devs/artists behind it is Illuvium. The art behind the project is some of the best I've ever seen, ever. Their social media is currently over 600,000 follows, with 1.5 million players signed up to try the game at launch. If you watch the trailer (https://www.youtube.com/watch?v=mzT88eN4gts), I want to point out that it is entirely filmed within the game engine using in game assets. The graphics of the game are truly AAA competitive with the best of the best. They are planning to launch two games initially, but their goal is compete with Activision/EA/Blizzard and make many games within the Illuvium universe (think similar to Blizzard's World of Warcraft, Warcraft III, Hearthstone, etc). They also want to use these highly detailed in game assets to create TV shows and movies. They also recently did a 78 Million dollar landsale that went incredibly smoothly. No gas war. Anyone had an opportunity to buy land. Yes, I stake the ILV token, and I own land, and that's because I've spent dozens of hours researching the project and think it will be incredibly successful in the coming years. Love the team, love the tokenomics, love the art, love the games and content that are planned. I think Illuvium will be a big player in the gaming industry in the next couple years. No guarantees. Companies fail for stupid reasons. But I think ILV will be a success overall. NFA. DOYR.
You can actually use Cowswap (a new kind of DEX with MEV protection and gasless transactions) to trade without any ETH. Just be aware that you'll be paying a fairly decent chunk of your USDT in fees. Basically Cowswap pays for your gas using the transaction fee in the trading pair. Instead of paying ~$90 in USDT for the ILV and $10 in ETH for gas, you pay $100 in USDT and receive $90 in ILV with $10 of your USDT paying for the transaction. https://cowswap.exchange
Fair point on it still being a gamble up till there is no actual game with actual users. Like pretty much everything else in crypto at this stage :) With that, I have been following Illuvium for a long time, and few things which I know: On the tokenomics: 1,10 million illuvium (ILV) tokens max (that is used for FDV calculation), but actually it is less as some people claim there staking reward in the so called sIlv token (instead of normal ILV) which can only be used for in-game transactions or buying NFTs. And that actually lowers the supply, already 250k less. Not much, but 2,5% nonetheless. 2, 1.5 million token is in the treasury, which is theoretically controlled by the token holders. So eventhough it increases the FDV, it isn't the same as having an other VC with 1.5 million tokens. 3, Seed and team token unlocks gonna start to happen soon throughout 3 year period. That is a risk for sure. Few things to add: Illuvium token holders get 100% of the revenues. Developers will be payed from the DAO token's share of that revenue. Illuvium is the first game, but they plan to make others as well in the long run. On a personal note, I am in the private beta, and it looks pretty amazing and quite addictive. But that is a subjective note for sure, but I can say for sure there is an actual game which will be released :) Though that all above doesn't help to determine what is the fair value, if price gonna go up or down. It is indeed a gamble at the end of the day (or call it an investment :) ) - I personally think it is a good risk/reward price at this point, but defiantly can see why people would disagree with me.
You could be right, maybe I'm putting too much emphasis on FDV. I need to look more into how all that ILV will come into circulation and over what time frame. It's hard for me to picture any single game being worth $3B, but then again Pokemon has over $100B revenue in its lifetime, so Illuvium would only need a fraction of that popularity to justify the price. Plus crypto people throw money around way more than Pokemon people. So yeah, you're making me rethink my statements. Illuvium is something I'd like to own a piece of, but I think buying at this price is making the gamble that it's going to be popular for multiple years at least. That's a hard gamble to make in the crypto space on a project that hasn't even been released yet.
tldr; Illuvium has expanded its Chainlink integration to include Chainlink Price Feeds, the industry standard for decentralised, off-chain price data. The ILV/ETH ChainLink Price Feed serves the mission-critical role of helping ensure that the ongoing sale of Illuvium: Zero land plots is fair to all participants. It provides accurate price data to ensure that land plot buyers pay the same underlying price. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
ILV, their game is going to take off. I'm in their private beta right now and it's extremely high quality. Think free-to-play PC game that has the option of buying into the crypto side for pay and earn options instead of pay to play. I'm expecting their value to skyrocket when the game comes out, supposedly later this year. Just take a look at Axie Infinity when it launched and their token value at that time. And they can't compare to what Illuvium has put together. You can also currently stake your ILV for more rewards.
This is crypto, this is nothing new, true decentralization is key, stable coins are not needed, BTC is king, eth is the little brother but still royalty, and monero will have it’s day in the sun. This is all that we need, the other 10,000 cryptos are trash, and this comes from some internet idiot who has a massive bag of ILV.
I tend to DCA out when tokens hit 5x and roll that into ETH, this basically eliminates the extra steps/gas. In the mean time I’ll just collect the rewards and swap fees since the yield is so high. 200-400% is the range where it’s worth my time. ILV and DPX both have single sided staking so the rewards can roll into those weekly and be compounded some more. Something to do while the markets sorts its mess out 🤷🏼♂️
OP you need to learn market cap before you get destroyed in this market. The coin price alone does not matter at all besides psychology. All that matters is what the entire network is valued at. You determine this by taking total coin supply and multiplying it by the price per coin Use [coingecko.com](https://coingecko.com) to see the true value of each network in a list. Harmony is a 1.4 billion dollar network at 11 cents. That is NOT inexpensive relative to all other networks. For comparison, Illuvium (ILV) is a 300 million dollar network at $520 each. This would be considered a much cheaper entry. The price per coin literally means nothing. This is not penny stocks. Coin ownership is fractionalized.
1. I have some ETH but I prefer higher risk. I am in various discords, various subreddits and watch a ton of videos to get an idea what to do. Its like machine learning where I feed myself tons of data and it gives me a some sort of feeling of the overall trend of which tokens/which category I should focus on. 2. DCA but I do it on very red days or when I find that something big is going to happen in the near future. 3. EXIT depends on the token really. For example I've staked $ILV for 12 months. I have no strategy there other than let's see what it looks like in a year. Overall I try to sell when the general consensus is very hyped and buy when everyone is spreading FUD My focus is on Web3 and Gaming
Great write-up I used to invest into all kinds of smaller projects. Kinda feel like tipping my toes into this one too. But for now I'm afraid I'm just waiting for Illuvium. I'm afraid many of these smaller projects will lose their playerbase once ILV kicks in. Could be wrong!
I’m heavily invested in ILV so take this with a grain of salt but I really like Illuvium lol. Ok seriously like everything else in crypto 99% is trash and 1% is going to be phenomenal and probably world changing. I’m hoping the first one is ILV but regardless of whether it is or isn’t I’m excited to play it when it is released.
Imagine including ILV and not PYR. Either way - 3 main things for me: 1. The team behind it 2. The game play 3. The idea - obv. all of crypto gaming is still in early days, so I'd rather invest in a project that focuses on a full metaverse with variety of games.
tldr; Illuvium is an open-world role-playing game built on the Immutable X layer-2 protocol. It aims to become the first AAA project among decentralized finance (DeFi) games. The game's combat requires players to think and strategize, lest they be defeated in a matter of seconds. ILV token holders receive the right to vote on determining the amount of payments. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
research sources, coinbureau on yt i hold my alt by trying to look for niches FTM, SOL, MATIC, KSM for L1/L2 competitors and complement AR because everyone needs extra storage space AXS, ILV, SAND for that gaming niche XMR for privacy coins some ETH no BTC cz im a mad lad
Stupid ? Are there any mainstream exchanges to pickup $ILV. Even KuCoin tells me I’m not allowed purchase from the US?? Since I’ve never had issues with purchasing other “exotic” cryptos, I’m wondering why this coin is so elusive to Americans?
I have tired a few but honestly never found any that is remotely enjoyable to me. Not quite what you are asking as its not released but ILV ( illivium ) looks half decent - and also made some good profits during its price discovery last year.
Yield farming can be risky, because many coins/tokens are debased with the higher inflationary rates that come from yield farming, but if it's a good investment - the price will still actually still rise with demand and you can get both yield and gains from your investment which can make an investment very, very lucrative. A good example is Illuvium which was 50-80(70?) roughly during the ICO, and dropped some right after due to the crash in May which would have yielded even better entries. So far, it's sitting at 850, and has been as high as 1850. By setting up a yield farm with an ETH pairing (which would require the equivalent amount in ETH) you would have been able to multiply your ILV by as much as 5x the original amount you bought to date. So if you bought 30 ILV/1 ETH, for 3500, you'd currently have about 150 ILV + the LP pairing which would obviously have impermanent loss, but you would care less. There's a lot of other examples (to varying degrees) but you just have to be diligent. A lot of people make the mistake of investing because of the yield instead of the actual investment. Yields should act as a bonus, and when they do is when it's lucrative, i.e. in the example I gave. Another example is Osmosis (Atom DEX) which has combined the two best rewards into one, both LP and airdrops. By staking ATOM, you could have received OSMO and JUNO which have then received their own airdrops on top of that while maintaining LP farms and receiving additional yields.
I like to buy from different sectors so I have a diverse portfolio. Example: Gaming: ILV L1: ETH, ADA Storage: FIL L2: Matic Exchange: BNB Metaverse: EPIK I have price targets for all of them that I set and if they drop I dont add in unless they go below a certain price. Some coins im more confident long term and I usually dca more into those ones.
No missed out on that and ILV, two of the first and biggest game coins. Hard to say, and I don't know jack but btc will probably range between 35-45k for a while and more than likely make a new ATH. I'd say 75k is reasonable. But who knows.
I sold ADA at 3.2 and just got in again at 1.21 I think it’s a great long term decision because of the way they work even though they are slow af, and I truly love sol, avax, matic and Vet i think they’ll grow a ton on the next few years but if you’re looking to flip I would say sand and ILV are going to be a great option this 2022, good luck
I didn't even know Alice is gaming; thought it's the regular NFT token. You've got any links to read up on ILV? Kotalverse is also not released, but it's looking like it'll do a lot after it's launch. It's p2e, Metaverse and NFT, it's also got DeFi integration that allow for staking to earn yields. I hope they all live up to the hype and expectations.
ALICE is probably undervalued right now. ILV looks pretty sweet, but it's not released yet and it has already ridden the hype train to a 830,000,000 market cap, give that one some time to either lose value or prove its worth. Honestly, though, they might all go down in the short term, it's a pretty volatile sector so maybe wait for things to stabilize a bit before buying
I was skeptical about NFTs as well for a long time but it turns that, just like in the other niches, there is good and bad stuff to choose from. My friend is crazy about NFTs so I add his opinion to my own research sometimes. I tend to search all over the place for information. I was lucky to make some gains on OMI, that's where I started. Recently got Substrapunks from Unique Network, those were the first NFTs on Polkadot, a kind of homage to the original Cryptopunks but Substrate-based, it's already a part of history if you think about it. I had to have some while they are still affordable. They made me eligible for UNQ token sale. I am keeping a small bag of GALA and ILV as well.
Crash is not the correct word. Many coins/tokens will have a slow bleed imho. Especially high FDV ones with huge unlocks. They’ll probably never see their ATH again. On top of my mind: ILV (Illuvium), GALA, AXS, KLAY, ROSE (Oasis Network), IMX, DYDX, GNO (Gnosis), 1INCH. I strongly advice if you’re holding those to take the time and look up for unlock schedules. You don’t want to get dumped on by whoever bought seed rounds/presales when they get their tokens unlocked at 100x the price they bought in. Stay safe out there frens and know what you put your money into
I personally won’t invest in any more than 4 projects. QNT, ETH, ILV and CRO. CRO obviously has no use case but the marketing is enough to make me hold it to flip it for something else. ILV is bigger than any crypto game out there and could possibly hit $3K next year when the beta drops and people can actually play it. My plan is to trade that one too, just not quite yet. My plan is to get rich and live off of real estate so holding a small variety in large quantity is my goal. That goal just requires holding blue chip coins. I think it all depends on the person because if you’re looking to actually get rich then you don’t want to over diversify and ruin your profits. If you’re just looking for a better financial future then diversifying into more can be better because you’re less prone to losing money. Personally, I think blue chip coins are as safe as you can get so I’m not worried about bag holding QNT and ETH
Game is currently $240 barrier of entry, with free to play being launched early next year. Again, you're taking a segment of the narrative that works for your fud. And you're not even accurate on that. And then somehow praising ILV who've delivered nothing so far but kool-aid that you've been drinking. Earnings on Axie are so much higher than God's unchained for paid play. Also scholarships are a means of playing and earning for free that are outpacing anything in the industry No knock on Gods Unchained, I think they're doing a great job. But there's no comparison. Illuvium has told you that they'll do it better, and you've believed it. But only time will tell, and based on it's messaging, it's only going to be good until the next "cooler" game comes along, which won't be long GoG is far more promising that ILV Clearly you don't want to discuss even though I've listed tons of valuable info. You just stick to your opinion and we can measure dicks at the end of each year. Here's a hint: I'm winning