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Lox Network is Providing Solution to Global Mobile Theft in a Decentralized Way
Using mobile blockchain to mitigate phone theft
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You are right, this is why I decided to start looking up low and mcaps, I've seen some pretty interesting things. LOX the only one I've bought yet is working on a blockchain-based mobile device security solution. I will continue sourcing for these innovations.
Why not back by USD? why are they always working on cutting corners, UST should have been a good enough lesson. Even some mcaps like LOX I've been following are promising to back its GBPX 1 : 1 with GBP.
Implementation of NFTs is becoming more interesting, LOX is building a device security system where NFTs will be the ID, I've also heard of companies working on integrating NFTs in their voting system.
LOX is actually among my list of tokens on exploration only that I might come for it in months to come. I have to be done with learning about this bailsman reward system on Equilibrium then check on a few staking pools on Biswap before venturing into my next courses of good projects to research on.
While it's good to stake stablecoins, I prefer accumulating and staking coins with prospects of growth as the bull season might meet us anytime soon. LOX is one asset in the XRPL I believe in as a good security project solving a real-life problem.
I believe XRP will not lose and the more reason I'm loading on XRPL tokens. LOX is one token in the XRPL giving the quality products as regards security.
This is how I have accumulated LOX, I found their blockchain-based device security solution to be interesting. Now I have it all staked for the long term alongside my other long-term coins.
These are good. I use only BUSD for now, LOX is also promising its GBPX will be fully backed, I'm hoping to get those too.
If it is a long-term investment, staking it for passive income. I'm also doing the same on LOX which I believe has the potential to make some good moves in the next cycle considering its unique utility which offers security services on a global scale for wireless devices.
Well, Everyone wants decentralization and the same with XRP holders that's why they fight with the SEC. It is literarily going to be one of the biggest cryptos if the case is won. Well, My focus is on XRPL tokens like LOX providing security for mobile users and curbing mobile theft.
Hahaha. Paper hands will sell for sure. I'm joining you in the HOLD gang to hodl LOX. Good thing I got them staked on Bitrue for passive income.
But this does not have anything to do with XRP and the XRPL because I'm buying XRP and LOX on other exchanges. I don't want to see that as a FUD anyway because I see a future with these projects.
It would have been better to buy other new shitcoins like TSUKA which has a rumour of having something to do with SHIB dev than buying safe moon at this time. Anyways, I don't do shitcoins but tokens that have a defined utility say LOX that solves the security problem of mobile theft.
Obviously, but not all NFTs are Cashgrabs, some has massive utility, currently, LOX network uses customization NFT to promote global IMEI blacklist, this is a unique way to add more use case to NFTs.
XRP looks like a good future investment if they eventually win the SEC case. I will be looking at all tokens in the XRPL and picking the ones with a good utility like LOX fighting mobile theft. Buying more XRP now is just a thing of chance. I hope they win the suit.
Security tokens should sell faster in the coming days. XRP is facing problems with the SEC though but it will be beneficial if they eventually win. It will be good to focus on tokens in the XRPL like LOX that are pushing security for mobile devices and fighting against mobile theft.
That's why we won't give up but we keep accumulating as we go down. Staking some of my assets like LOX on Bitrue cause I don't look to see till the next cycle. I'll just focus on projects that are building strong while waiting.
These are a lot, I usually have 5 alts max, I just recently began to diversify into microcaps which I've never been a fan of until I learned of the tag and trace tech LOX is working on, I guess it's not a bad idea to began to research and add a few microcaps especially when we have the alt season ahead of us.
That's not so true because you focus on utility and fundamentals during the bear market. I don't think meme will survive at this time. Some stuff I'm looking at like LOX is solving the issue of mobile theft and bringing it to the real world and not just in the blockchain.
That's true. But they are actually the right thing to do. Staking is a good way to hold your asset. I've got my assets like LOX staked on Bitrue not just for the APY but the fact that I want to hold for a long. I like the fact that it's solving a real-world problem of mobile theft.
Catching the bottom is a myth. You just won't get it. The best is to DCA. I've been picking some low caps along with some mid-caps as that's what I believe in. Also looking long-term and staking my asset is cool for me. I've got to stake some good amount of LOX there on Bitrue. Not so concerned about the APY but I just look to hold for the long term.
Do we now say luck plays a role here? Well, you still have to do your research any ways. They picked some coins that have stayed strong in the space and are still good to add some new picks. I would love to pick LOX since I can use it to track mobile devices against theft.
You seem to be new to the industry, apart from buying and selling, they are uncountable ways to make more money in the space, especially this bear market, you can either stake, farm, arbitrage and many others, but the one that I love doing is staking, because you put your money to work while you earn passively, for the pass 3 months, I've been earning staking good crypto projects like CAKE, LOX & RIDE with good rewards, without the bear market affecting me in any way
I can't be afraid to buy at discount. The current market condition is the best time to load up your bag. I have to keep most of my assets on staking pools that will give me some yield before the market recovers. Staking LOX on Bitrue which is a big bag and emvos on keplr.
I tend to DCA and stake instead. That's a better way to HODL as I am not selling anytime soon. Bitrue has got a better pool for staking my LOX and I am taking advantage of that while we wait till the next cycle.
We can only predict what will happen. I think things will only get better after the next halving so for now, I'll keep accumulating as BTC goes down. I am staking most of my assets like LOX on Bitrue not just for the present APY but because I am not looking to sell until the next cycle.
haha, I think that's why most new projects are now adopting the PoA consensus, I learned of it from LOX and discovered that's what LINK is built on.
Hahaha, that's quite conservative IMO. I'm going for low caps instead if I get the chance. But for now, I will keep the money and wait for LOX and THETA to go a little more down in price before I start to DCA into them. Since I can be able to stake both on Bitrue, it's an easy one for me as I don't like to spread my bags across several exchanges. I love low caps because of the returns they tend to bring in long-term.
With my paycheck set to arrive, I'm beginning to look into throwing some bucks into crypto again. But I'm sticking to altcoins that have long-term prospects and I have identified LOX to be among my blue chips. I'm really quite impressed by how the project is protecting mobile users by combatting the problem of mobile theft parading the space through the use of a decentralized blacklist. ALGO and AAVE are other altcoins I'm accumulating.
The returns are always great when the alts start to make a rebound. I threw in some bucks on LOX whose effort to fight mobile theft through its tag and trace nanotechnology will help curb the alarming rise of mobile theft globally. I DCA into CVP, a project that manages a growing range of structured Defi products including single token vaults, and optimized stablecoin yield pools.
Hahaha, I can't agree less. I have made peace with myself and staked the ones I can for passive income. Since I'm long-term bullish on them, I have no problem holding them, particularly LOX which has a unique tag and trace features. It's such a rare utility in this space. Having a good knowledge about the project you are investing in and its utility helps to keep your cool.
I don't have any BTC, I'm more into ALTs and low caps, I bought ETH a few months ago, and I'm planning to buy again at $700, at the same time I will get some ADA and top up my microcaps, especially LOX, that mobile security solution looks good.
I'm not buying at the moment, TA is showing there the market has not bottomed but I will start to DCA with ETH at $700 and gamble with a few microcaps, LOX especially, their tag and trace tech in the pipeline show promise.
I completely agree. I'm hoping that most of my low caps make it out alive. Specifically, LOX. I really like the idea of using NFTs to track mobile devices. Such items are valuable to have in this space.
I only added three of my longer-term alts bags today: $ALGO, $REEF, and $LOX, which are currently topping my alts bags. $LOX, in particular, intrigues me due to its good utility, which could drive more adoption as it protects mobile users from mobile theft.
We get to balance the equation. Invest in large caps and accumulate alts during the bear like this. I'm picking up a few now after holding BTC. LOX looks good as it offers security which is a high utility coupled with their SmartNFTs
I would add LOX to the list though. It's solving a real problem of mobile theft and set to track and recover lost and stolen wireless devices. That's a good problem everyone would really want to be solved.
Well, I see tokens being mentioned in various platforms including Medium, Reddit, Twitter etc. I then make a shortlist for research. From the research into my shortlist, I pick few to throw money at. It's how I got into coins like XTZ, ONE & LOX.
You are right, This has been a place to get coins before they pump, I've benefitted most from XMR, I first heard of the concept here and was fascinated by it, and now I'm looking at some others, LOX, LUNR.
But some will, there's no way I'm selling my LOX, especially now they are working on a partnership with Google and Apple, I'm lucky I got most of it when the price was down.
I have some QNT too, I recently started DCAing with LOX since I learned it will soon be listed on MEXC and Binance, I will just take profit after that and get more ADA.
Seems I'm correct in my assumptions concerning TXA. Good to see that they also offer fast and cheap transactions fees, which is pretty important considering that lots of transactions are happening all the time. LOX's hybrid blockchain was originally based off of the Ethereum blockchain but had to move to XRP blockchain because of the cheap fees and faster transactions that XRP's blockchain offers.
I agree with you, I'm here for the tech, the gains, and also the thrills. When I see basic problems being solved by blockchain, I really intrigued, like LOX which is creating a decentralized global mobile phone blacklist. Also, some countries are already working on blockchain solutions in their voting system. the possibilities are endless.
I agree with the concept of fundamentals while researching for a project, LOX got my attention because of the mobile phone security revolution they are bringing with blockchain technology.
I agree, there are a lot of good projects being built on it, LOX for example is having a lot of progress. I feel Ripple is very undervalued, to be honest.
I like to gamble with coins when they are cheap, I bought LUNA when it was relisted on Binance for 0.0003. I also got LOX on bitrue since they are working on Binance listing.
I've come across TXA before, but didn't know what the project was about. Now I do, after your brief explanation. I imagine a number of exchanges are already using their decentralized settlement layer, correct? Out of the 5 coins I listed in my previous post, LOX is the only one that has a hybrid blockchain. All the others have traditoonal blockchains. In fact I heard they're about to launch the testnet of their hybrid blockchain.
For me it's BTC, DOT, LOX, XTZ, AVAX
Yeah, incentives. They have been mixing it up a bit with their giveaways. They've done giveaways where they gave out iPhones and Samsung Galaxy phones. They've also done others where they sent LOX tokens to people's wallets.
Yes exactly, CCC is even running a DAO and is fully focused on generating high yield for its members through making significant investments across defi (Tokemak) and p2e( Crabada) and also looking forward to expanding more. How does LOX do that? through incentives?
Looks like the CCC team really holds their community of hodlers as well as the coin itself in high esteem. I'm aware LOX has opted for the giveaway route to keep their community of hodlers engaged and excited.
I think people are going to have differing opinions about this. For me, I'd go with BTC, ETH, DOT, LOX, MATIC
NFTs, particularly P2E, are gaining traction at the moment. I enjoy playing card games, and I recently learned that LOX will debut their first Play to Earn and Play to Keep card series game on the SmartNFT platform. Let's see how it goes. Is this a new project as well?
Exactly I used to do futures and leverage trading and lost a lot of money in crypto then I changed my strategy and started looking out for low caps buy and hodl, that's how I made my money back from MANA, now I'm currently looking at LOX with the fine work they are doing with the blockchain and metaverse co-development.
My portfolio is down completely, It's just one low cap that had been on a very slow rise, the LOX, I got it in February when I heard of their revolutionary way of using NFT to improve device security, the fact that it's not in a nosedive can only be attributed to the relevance of the project. I don't have any deal-breaker alt, but I have to say that I cant believe ADA will fall so low.
Good mix of coins you've got there. I have a few from your list, DOT, ATOM, MATIC. Also have others like ONE and LOX.
You have a point there. I also think that low cap cryptos like DKT or LOX will do a 10X before BTC does a 3X.
Lol, He has always been promising, the crypto space will continue to boom, new projects will continue to spring up, new use cases of the blockchain will continue to come up. One interesting one I saw recently is the LOX and how they are creating an ecosystem that will solve the phone theft problems. If he supports it or not, the blockchain is unstoppable.
Exactly man. The possibilities of use cases of Cryptocurrencies have only been scratched on the surface. although the market is bearish generally and that's what brings up thoughts like this The application of blockchain technology is boundless and people are becoming creative in how they apply the technology. I recently came across an interesting one LOX that is trying to create a global system that will ease the tracing of lost devices by integrating NFTs in their technology
DOT is a good one. Also worth considering are ATOM, LOX, ONE, AVAX.
This is a wise decision, buddy. I used the same strategy with the Lox network because it is a solid low gem in the crypto space. There are now nearly 6 billion phone users worldwide and LOX aims to provide a solution to wireless device theft.. I believe that the project will see widespread adoption in the near futute. What are your thoughts on that?
I think you should take a long term view of the projects you buy into & only utility projects. Dyor before getting into any project. Then DCA into projects. This way you'll feel the impact of dumps less. I've used this strategy for coins like ONE, LOX, AVAX.
I hold MATIC,AVAX and ONE, JUNO and LOX are new to me. My current obsession is TXA a project created to solve issues with exchanges by combining the features of both cex and dex to create a decentralized settlement layer. Still doing my research on it but it looks solid and it's already listed on Kucoin m
Your selection of coins ain't bad. I have some of those on your list like JUNO, MATIC, DOT, and few others like AVAX and LOX.
I have a mix of both long term and short term bags. They both have their advantages, I am holding ATOM FTM AIOZ as well as LOX SMARTLOX SMARTNFT. The launch of the lox p2e NFT game will be bullish.
Can't comment on crypto being far superior to gold. What I do know is that cryptos will be used within their various ecosystems for payment transactions. For instance, LOX will be used to create bounties within Lox Network by phone owners who've lost their phones to serve as an incentive for the recovery of their lost/stolen phones.
Doing something similar with my LOX placed in a CEX. APY
There's no DOT/LOX pair in Bitrue's yield farming hub. There's a LOX/LOX though, but it is sold out and no longer available.
Can I ask what the Apr/APY's are like on DOT/LOX? Any downsides? (Like long waits to withdraw etc)
Harmony's not bad. I stake ONE, and DOT via non-custodial wallets. Also have some LOX in Bitrue's yield farming hub.
I have some LOX in Bitrue's yield farming hub earning APY. I also stake DOT & ONE via non-custodial wallets.
As a famous investor once said "buy when there's blood on the streets'' or as another put it ''buy when others are afraid, and sell when others are greedy''. So if the market were to crash tomorrow, I'd simply get more LOX & CRO which I believe in.
My MLD token will be equivalent to whatever I can afford to invest in LOX or the Lox Network NFT pair tokens of SmartLOX and SmartNFT.
That's right. My LOX bags are finally gonna pay off. MLD will take a snapshot any moment. Time to move my lox bags to the xumm wallet
You can also follow the market trend. LOX has been buzzing lately because of the upcoming airdrops. The snapshots could be taken at any time.
Bitrue is a CEX. There are various cryptos that someone can earn APY from in their yield farming hub. LOX is one of them.
Similar situation here. I have <$1000 worth of LOX in Bitrue's yield farming hub.
I'm into yield farming in Bitrue's yield farming hub with my LOX tokens. I bought my stack for less than 1 grand. One LOX trades for less than a $0.01 so my LOX bag is pretty big.
DCA is ok. I've done so with some of my coins including the likes of KDA, CRO, LOX & ONE.
CDC earn is a good place to be imo. I don't have any coins there though, they're in other places. I only recently placed my LOX tokens in Bitrue's yield farming hub.
Right off the bat, I think people will have different lists with a few in common. My list includes the likes of CRO, VET, LOX, KDA, MATIC.
You're talking like this maybe because you're chasing after pumps all the time. Consider getting into cryptos that can enable you earn passive income via staking, yield farming etc so that in times when the market is down, you're not gonna be too bothered cos you have APY coming in. Lots of cryptos you can earn with, for instance LOX which you can put in Bitrue for APY.
Your bags looks ok to me. I have some of what you're holding except SOL & Algo. I also have the likes of CRO and LOX.
I have some LUNA myself. Add to that KDA, LOX and few others.
I think it's always good to check the utility of the crypto you're getting into. I mean, asides from holding for price pump, what uses does the crypto have? You can stake a lot of cryptos for passive income, which is a good use case. LOX is an example of this. You can invest it in Bitrue's yield farming hub to earn APY.
Check out Bitrue's yield farming hub in your spare time. I think the platform is ok. Their apy is pretty decent too. I have LOX there, and getting 100% apy.
Same here. I'm earning passive income with the LOX I placed in Bitrue's yield farming hub.
The problem with BTC is that when it’s down, it takes majority of the alts with it to the bloodshed journey. Anyway, I’m comfortable putting my money in the likes of LOX BTR ETH BNB DOT KSM. Just good project that’ll beat the bear and keep moving
Majority of people saying things like that are newbies and shouldn’t stay in the market. It’s always cool to invest in solid projects. They’ll dump and we’ll see bloodshed but at the end of the day, these cryptos will rise up and surprise the world. I’m Hodling ETH BNB DOT LOX SMARTLOX SMARTNFT and BTR. And I know why, so I’m patient enough.
You have a point about the explosive pump potential of low market cap coins. That's one of the reasons I've been watching LOX closely.
This is a really impressive use case. LOX has the making of a good long term hodl.
I think the strategy you use would depend on the dynamics of the particular crypto you're interested in. There's no one cap fits all here. For example, SHIBA and ETH require different strategies. Likewise DOGE and LOX also require different strategies.
I've bought a few ETH dips, and multiple LOX dips.
I think XRP could reach $10 if the conditions you outlined are met. It could also bring good things to a crypto like LOX that's based off of XRP technology.
Lots of cryptos out there, so it's hard to know for sure which ones will do well. I fully expect BTC to back over 60k. I also see ETH hitting 5k. As for all the others, can't say because my focus is on a few at a time. One of these is LOX. I expect it to hit $0.20 at some point during the year.
Exactly. Nothing particularly earth shattering about this dip. Good buying opportunity. Fundamentals remain strong. LH2 and LOX being loaded into first stage tanks. Helium pressurization system has pressurized the first stage for ignition. Guidance has switched to internal launch computers. Bitcoin HODLERS reporting that “It feels good”. We are go for main engine start, Countdown to blastoff starting in 10…9…8…7…6..5..4…3..2..1…and LIFTOFF, we have LIFTOFF 💥 of Bitcoin , Using cryptographic algorithms to decentralize Financial management and Make Wealth 💰 Accessible For All Mankind! Not just the central bankers and global elites! HODL UNTIL WE REACH THE MOON 🌝 , then onto Mars, Jupiter, and then UPWARDS and FOREVER ONWARDS TOWARDS the STARS ✨ AND GALAXIES 🌌 BEYOND ! We have to Dream BIG in order to achieve our goals! 🙂
You are entirely correct. In 2021, I made investments in BTC, Shib, Dodge, and Lox Network. I invested in lox because I anticipate the project will be the hit in 2022. LOX is a well-established cryptocurrency that has done well thus far.