We could go lower, there is nothing to regret if one is not buying now. You can start a DCA journey into your fav bags. I am currently doing that with OCEAN, DYDX, BNB, ETH, NGM, ATOM, JUNO and some others
Sir,, Cosmos already completed its white paper when IBC was enabled last year… there are almost 50 sovereign blockchains connected to it already … also , DOT will be interoperable with it .. soon… and with EVMOS, it will be interoperable with ETH… JUNO is also creating interoperable CW and was the first token to have CW20 trading in Osmosis dex…
#Cosmos Con-Arguments Below is an argument written by MrMoustacheMan which won 1st place in the Cosmos Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > #Cosmos Con Argument > > - *Disclaimer: ATOM currently makes up ~1-2% of my portfolio. Including Cosmos related projects like OSMO, JUNO, etc. or projects built on Tendermint like BNB, LUNA, CRO, then it's more like 5%.* > > - While I wrote about the benefits of a [hub and spoke model](https://v1.cosmos.network/images/intro/06-architecture.svg) in the [Cosmos Pro thread](https://np.reddit.com/r/CointestOfficial/comments/qk4yl2/coin_inquiries_round_cosmos_proarguments_november/), different development models/architecture have different tradeoffs (e.g., [Cathedral vs. Bazaar](https://en.wikipedia.org/wiki/The_Cathedral_and_the_Bazaar), [empire vs nation states](https://www.finder.com.au\/brave-new-worlds-cosmos-blockchain-and-social-evolution), [different blockchain types](https://en.wikipedia.org/wiki/Blockchain#Types), or even [DAGs](https://np.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_dag)). > > - **TLDR**: The overarching focus of Cosmos is on interoperability - but a priority on connecting everything together doesn't necessarily benefit the development or utility of ATOM itself. It's natural for developers to disagree on their vision for a decentralized, open source project and some may even regard that as a positive. But infighting is bad for optics and there are certain aspects of ATOM's tokenomics that may limit its value within the 'Internet of Blockchains'. > > ##Team entropy > > - In February 2020, fighting within the Cosmos team lead to a [shakeup of talent](https://decrypt.co/19769/zaki-manian-cosmos-number-two-resigns) and a [restructuring of the companies involved in developing the project](https://messari.io/article/amid-multiple-departures-cosmos-core-contributor-tendermint-inc-restructures-the-company). > > - Former Tendermint director [Zaki Manian accused founder Jae Kwon of neglecting Cosmos by instead working on a side project, Virgo](https://decrypt.co/18324/tendermint-director-accuses-cosmos-founder-of-evading-responsibility). > > - Some (including Jae), regarded the 'break up' as a [move towards decentralization](https://gist.github.com/jaekwon/7cb869769aecf9c86bfd1b9e61c488df). > > - Zaki (in a now deleted tweet) [disagreed with the decentralization claim and pointed to delays in development, turnover and under-resourcing of the Cosmos project](https://web.archive.org/web/20200207134418/https://twitter.com/zmanian/status/1224384772677390336). Others [reported a toxic environment for engineers](https://twitter.com/jessysaurusrex/status/1224417773620588545). > > - Amidst this backdrop of 'he said, she said' the fact is that core developers like to work on their own pet projects: > > - I'm not sure if Virgo is still a thing, but [Jae Kwon stepped down to work on a Gno project](https://twitter.com/jaekwon/status/1360867477572493313?s=28). Zaki went on to [work on Iqlusion and Sommelier](https://www.linkedin.com/in/zmanian/) while Sunny Aggarwal [started Osmosis and Sikka](https://www.linkedin.com/in/sunnya97/). > > > > ##Project entropy > > - The [community tends to dismiss devs fighting as FUD](https://np.reddit.com/r/cosmosnetwork/comments/r2zhz0/its_a_fud_hit_piece_and_makes_me_sick/). And one could argue that developers shifting to work on other projects is a 'value add' to the ecosystem rather than a detriment to work on Cosmos. > > - I'm not so sure - and I think a related example is actually the main products these teams worked on, [Cosmos SDK](https://v1.cosmos.network/sdk) and [Tendermint](https://academy.binance.com/en/articles/tendermint-explained). > > - In the Pro thread I highlighted how many popular projects such as BNB, CRO and LUNA have been built using these tools. > > - Many of those coins now [have a higher marketcap than ATOM - but, beyond displaying their total value](https://cosmos-cap.com/) under one umbrella there isn't a 'trickle down effect' whereby growth in CRO impacts the value of ATOM. > > - This is a function of the Cosmos design decision to [retain the sovereignty of each connecting chain](https://juliankoh.medium.com/5-differences-between-cosmos-polkadot-67f09535594b). Unlike Polkadot or ETH, a rising tide in the Cosmos ecosystem *doesn't necessarily* lift all boats: > > - Polkadot parachains use DOT's security. Ethereum tokens use ETH as gas. But projects in the Cosmos ecosystem are not 'locked in' to using ATOM. > > - [Transactions fees on the Cosmos Hub do not necessarily need to be paid in ATOM](https://cryptoseq.medium.com/cosmos-atom-token-and-the-commonly-misunderstood-staking-tokens-part-three-958c295c5b78). > > - In the absence of a [shared security model](https://blog.cosmos.network/interchain-security-is-coming-to-the-cosmos-hub-f144c45fb035), all the [connected zones and hubs today](https://mapofzones.com/?period=720&testnet=false&tableOrderBy=totalIbcTxs&tableOrderSort=desc) continue to use their own native tokens rather than enhancing the value of ATOM. So, to go back to developer projects, [Osmosis can post growing liquidity and transaction volume](https://info.osmosis.zone/) but the DEX usage doesn't directly benefit ATOM. > > - So while the Cosmos Hub has been crucial to promoting interoperability, in the future it might not remain the economic center of an 'Internet of Blockchains' but instead get supplanted by one of its 'children'. > > - Jae Kwon spoke to this point years ago, [indicating his support for competition between hubs rather than locking users into Cosmos](https://www.youtube.com/watch?v=6OAulsLeDI0&t=749s). > > - And the centrality of ATOM seems to be the subtext of recent [dev arguments over 'Cosmos' nomenclature](https://np.reddit.com/r/cosmosnetwork/comments/scye0t/sunnys_constant_attacks_on_the_cosmos_hub/), with [calls to rebrand](https://twitter.com/sunnya97/status/1486031900925784066). > > - Where Cosmos *does* lock in users is with staking: > > - [ATOM uses a high token inflation rate to ensure a high staking participation. Users who don't stake their ATOM get essentially penalized by inflation, as the value of their holdings is diluted over time](https://medium.com/swlh/what-are-the-flaws-of-the-cosmos-and-how-to-tackle-them-6c114f4f3bd7). > > - This is obviously not beneficial for holders of smaller stacks and/or users who want to retain liquidity without being locked in to the 21-day unbonding period. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yls/coin_inquiries_round_cosmos_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cosmos) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/umsqe8/monthly_optimists_discussion_may_2022/).
Holding most because I'm at a deep loss and hoping against hope they will rise again. Buying ATOM, SCRT, JUNO, BNB, LINK, ALGO, AVAX, LRC (my biggest loss and biggest hope...) and IMX.
JUNO is the exception. The whale thing on JUNO was something outstanding. Community voted massively and overcome validators and whales I have never seen anything like it Governance on polkadot and others is as weak as it's gets. People do not give a fuck and even if they do, whales are unstoppable
Personally I think most of the cosmos ecosystem is just fine. JUNO, EVMOS, cosmwasm integration into Osmosis. Just gotta hodl strong, and not get shaken out. Let's hope that some of this fud can go to other ecosystems now, though haha
Ice age? I'll say we're in one bad bear market that has spanned for a long time. But regardless, I picked some good gems like JUNO, ATOM and RIDE (Holoride), I'm here for the long run as these tokens will witness excessive growth rate in the upcoming bull season.
I have a cash position in USDC... It's easy for me to drop it there on a DEX and be able to deploy for buying more Alts. I can't just buy JUNO on coinbase. But I'm waiting for another dip and want to have cash ready. So I store it in USDC where there's no loss till I'm ready... Same goes for my staking rewards... I claim them and leave it ready. As we peak up I trade for USDC and set a buy in price lower, reinvest at a lower price...
The cosmos ecosystem has some good stuff brewing. May look at JUNO and SCRT, a lot of hype for CMDX lately. But my favorite low cap is FET. Solid fundamentals, starting to market, and coming out with products with real world utility.
Recovered most of my original LUNA loss (Had bought about five total throughout 2021, mostly for the SHADE airdrop since I am a SCRT fanboi) Along with about $50 more in JUNO since I imagine a good portion of LUNA devs are headed there. Even if they pick OSMO instead, I'm already balls deep in OSMO LPs so that's a win. AND I still got 295k LUNA as a meme...it's been a decent week tater.
Not changing anything. ​ Deep in the Cosmos ecosystem. ATOM, SECRET, JUNO, AKASH some BTC, some ETH, some ADA, Some Algo. no obsure shitcoins, no meme coins except the ones I got through Airdrops like HUA HUA chain
Fortis Economy on JUNO is the fastest I have ever seen. Lasted 2 weeks before implosion. It was giving 10% DPR (not year but daily) on some pools. Printed a shit load of money and plenty of people got utterly fucked of course I was smart enough to cash out and buy ATOM but alas... not smart enough
Damn, seems like half the projects I like are dumpster fires. JUNO had their big whale drama and keeps fumbling the ball afterwards, LUNA/UST is well, it is what it is, ONE's founder went off the deep end and wants nothing to do with tech anymore...
Would go with ATOM, OSMO, SCRT, JUNO and other “major” [IBC chains](https://cosmos.network/ecosystem/tokens) within the Cosmos Ecosystem. They’re all down quite a lot, supposedly because how much UST was used within Cosmos dapps as the native stable coin, but in reality none of those projects should be economically affected by the Terra-Luna cascade - they are all sovereign chains by themselves. The reason for looking into them is directly related though. The Terra-Luna situation has proven that the tech - the Cosmos SDK / Tendermint software that all of these are built on - can absolutely hold up during insane activity. It works and does what is claims to do, no Solana-like outage while millions of transactions are taking place.
I’m so lucky that I only had $250 on UST and I stopped myself adding more because I was waiting for JUNO to drop more until I checked UST again and I was shocked and I thought to myself and decided to go back to Bitcoin and stocks again. It’s sucks when you really believe in projects and finding new ways to make money but sometimes things are too good to be true. Right now I’m gonna DCA on Bitcoin, ATOM, ETH, and probably MATIC. I’m also gonna learn how to do options and puts since the market is gonna keep going down. Welcome to a recession boys and good luck!
So far, no scandals like JUNO, CRO, LUNA and no meme/rug pull coins on Polkadot ecosystem yet. Could be both a pros and a cons depending on how you see it. In cosmos sub, one of the sticky including warning about less legit IBC projects/DYOR. I know we should DYOR on all projects. I kind of like the analogy of dot being more like Apple and IBC being more like Android.
I added extra JUNO and ATOM and staked them because there is an incoming staker airdrop. I'm also considering adding more alts dip to my portfolio if the market continues to drop when I get paid at the end of the month. I'm also keeping an eye on TEAM and FLUID. Both are expected to debut in Q2.
I try to be more careful about buying the dip, cause that could potentially leave me with no money. Rather I seek more passive income opportunities and so far I’ve staked JUNO on Keplr for 100%, USDT on Anchor for 18% and also farm the UST-BUSD liquidity pool on Kalmar for about 50%-55%. Basically there are ways to keep you making mom in bear market than just buying and holding.
I'm still staking within the Cosmos ecosystem i.e. SCRT, XPRT, JUNO, OSMO, and ATOM to get those juicy airdrops in the future -- plus, means I'm gaining tokens for the next year or two through this bear market however long it lasts
A few things to note: 1. Any time you have a system where anyone can create a new crypto or coin, the vast majority will be useless. There is no quality control. But on the other hand, there are no barriers to entry. This is intentional. 2. Real world usage of crypto will take time. Many overestimate how quickly that can happen. Major world economies like to control their currency. So any "currency" usage will face stiff headwinds for a decade or more. Possibly much more. Other usages also will face resistance. Smart contracts are in their infancy. Many smart contract platforms get embarrassing issues. We are far away from them having significant real world applications. And NFTs are a bit of a joke right now. But getting NFTs to replace something like Ticketmaster will take a while. Ticketmaster pays for the privilege of selling tickets. While NFTs could be much cheaper, artists/venues won't get kickbacks. I have by no means covered everything here. 3. Crypto is still tiny compared to fiat currency or equities. And crypto is too technical for mainstream usage outside of through centralized wallets (something like PayPal). Even crypto veterans lose money by moving money to the wrong wallet (e.g. JUNO developers had a recent fiasco where they moved nearly $40 million to an invalid address). I am bullish on crypto, but I advised my dad not to buy it. Why? He is old and not tech savvy. He is likely to lose money, fall for ponzi schemes, or just flat out send crypto to the wrong address. This won't be an issue when 30 year olds today get older as those who are in their 20s and 30s are familiar with crypto. But it will be an issue for another 20 or more years. Like you, I started investing in crypto in 2017. I do think crypto is the future. But I also think too many here go heavy on altcoins. Altcoins are a gamble. Even ETH is risky. My two favorite cryptos (ATOM and ALGO) are incredibly risky. Most cryptos outside the top 30-50 are insanely risky. Cryptos outside the top 100 are pure gambles or scams (even the legit ones have a tiny chance of success). So we should be BTC heavy. We can diversify with a fair amount of ETH. But anything beyond that should be a small part of my portfolio. My target portfolio is about 80% into BTC and ETH, 19% into top 30 cryptos I like, and 1% into cryptos below the top 30-50 that I like. Too many who start investing in crypto mid bull run due to FOMO see how altcoins are rocketing up and go all-in on alts. The daily is filled with people saying they were down 50% or more when BTC was down 30% (it is down 50% from ATH now). And frankly if you DCA'd in just BTC over the last year, you would be down a lot less than 50% (probably around 30%) since not all your purchase would have been at the ATH. Yet, newbies FOMO into altcoins and get burned. Crypto is new. Crypto will still be newish in a decade. I see it slowly gaining adoption. I don't see crypto changing the world by 2030, but I do think it may just do that by 2040 or 2050.
Can't deny the damage that has been done though. I hold JUNO and still think it will eventually succeed, but this isn't the sort of thing an objective investor will dismiss anytime soon. The whole ordeal has been and continues to be a significant blow to the project.
At the end of the day utility, team, partnerships plays a big role in any projects sustainability. Projects like OCEAN protocol with actual utility in data space survives long term Cosmos will be here as well. IBC, Interoperability is what we need to scale crypto. Atom, NGM, OSMO, JUNO, UST, LUNA
I'm a big fan of Cosmos too. I have other Cosmos based projects like NGM, CRE, OSMO and JUNO. There's this other newly launched project which I'm keeping tabs on. It has high staking and LP incentives. The project is H2O, a non-pegged stable asset accelerating adoption of datatokens in the OCEAN market.
OSMO is definitely higher risk, but it’s also very high reward if the coin comes back. It has had a awkward move up and down compared to BTC (sometimes gaining/losing). Seems the price is drive by things happening in the broader COSMOS community, like with JUNO, etc. If OSMO can integrate with more and more blockchains, it will become truly huge and could become one of the primary hubs between chains.
Can confirm. Osmosis experience is much better than Crypto.com’s spread and you can earn great APR’s on the LP. Just be mindful of impermanent loss and the fact that you have to unbond for 14 days if you want your money out. So I’d say Osmosis is great if you believe in the ATOM/OSMO/JUNO/LUNA chains, or any of the other ones that are high quality. Best place to hodl Luna IMO and earn high APR interest on your investment too.
As if we don't have enough bad news. A typo moves $36M in seized JUNO tokens to the wrong wallet. Now nobody can access them. Of Juno’s more than 120 validators, not one appeared to notice that the Unity address was pasted incorrectly. Not good [Source](https://www.coindesk.com/tech/2022/05/05/typo-moves-36m-in-seized-juno-tokens-to-wrong-wallet/)
Real impact of this is tiny but between this, the whole fairdrop distribution rules being lax, props 4/16/21 submissions, the chain halt, and fortis JUNO is really establishing a trendline of issues from its core-devs, defi-builders, governance, and validators. Minor/major issues happen and should be expected with nascent technology but... damn. It's just happening with way too much frequency here and this chain's gonna start building a reputation whether or not its deserved.
JUNO getting its shit rocked yet again. I'mma be real, I like Cosmwasm and the idea of a general purpose smart contract Tendermint chain like JUNO but I am not unwilling to jump ships once another similar chain spins up. This is like when you stub your toe, then hop around trying to balance and fall down, straight onto the top of your staircase, and tumble down. Like this is recoverable but good god it really shouldn't have to be.
It's crazy to sell ALL your crypto at this point in time, imo. I'm holding and staking. This is why I like to go for projects that offer good staking rewards like ATOM, OIN, ROWAN, OSMO, JUNO, NEAR, SCRT. They only thing that I'd say is alright to sell now are those shitcoins one might have dabbled in and the profits would go into stablecoin staking until the new gems on my radar like FLD and TEAM are up for sale. Buy high and sell low is the fastest way to rekt city and NOT making it..but you know that already.
Probably, Algorand will be the platform for FIFA to mint its NFT. And that will be some awesome NFT Collection in the space. But, I sold all my ALGO at $1.40 before it dipped . I'm left with ETH, as my main bet, as well as AXL, JUNO, MATIC, and a few other promising alts. I sincerely believe that diversification is a good thing.
If you prefer mobile download Cosmostation, desktop Keplr, grab some ATOM on a CEX and bring it over and then Osmosis is easily the best place to start. It's like a whole chain dedicated to being a DEX. Next see what coins you can trade for and see what each one is about. (LUNA, JUNO, and SCRT have the most already going on)