Weekly automatic buy of BTC, ETH, DOT, MATIC, LINK and LUNA. Got a list of coins and tokens I watch out for, and buy when I feel like it, which has been daily for the last month or so. FOMO randomly into shills here.
For Terra LUNA, another recommendation I would say to go for is LUNA-bLUNA stake farming on Terraswap. Basically you get about 60-70% APR? And you're not subjected to impermanent loss, because bLUNA exchanges to LUNA at a 1 to 1 ratio.
Osmo liquidity providers and stakers qualify for all sorts of airdrops as well. The LUNA/OSMO and LUNA UST pools are great. If you worry about Impermanent loss just buy Luna every day with your OSMO rewards. It's virtually feeless.
BTC, ETH, BNB, ADA, LINK, MATIC, LUNA and SOL (I'm personally not invested in it). ​ Again, this is my personal list of coins which I believe will survive if next bear market comes. (Hopefully by 2023 we'll see one)
What most people will say: Yes, another [coin I have] holder! LFG! I would drop the [coin I don't have] and pick up some more [coin I have], other than that, looking solid! My thoughts: Depends on your personal definition of growth and goals. I think it's a safer play with the heavy ETH/LUNA/BTC.
Yes, de-pegged to $0.92 for a couple of days during the May sell off. To be noted that LUNA was also one of the biggest losers relative to the rest of crypto at that time, going from \~$20 to $6. The devs made an upgrade to improve this. This [video](https://www.youtube.com/watch?v=HL8tcVHyHMM) explains the current de-pegging risks.
Great question. I wish I had bought more LUNA in the summer. I picked up a decent bag, but I hadn't looked into it enough to have built a lot of confidence at the time. But I had that feeling, you know? Like, not the regret buying feeling - but the regret not buying more.
You know how during times of high volatility, gas fees on the L1 chains spike to the high heavens? That's because a ton of people are moving assets around and either derisking or rebalancing at the same time. If/when this happens with LUNA there will most likely be a depegging event during a liquidation cascade. Sauce from someone smarter than I am: https://twitter.com/0xHamz/status/1479261181135269893
I do that an take whatever I need for the day/week, doesn’t seem too bad this month due to ONE and FTM. Give or take some months are bad (paper loss a chunk on CRO at 0.55, 0.6), some months are good (nov gala, Dec LUNA).
I just put mine in crypto.com, almost comparable rates for BTC, ETH,MATIC and DOT. Only issue is that you have to stake for the card (4000USD), 3 months term and it is paid weekly (non-compounding). The rates are 6.5% for both BTC and ETH, 12% for MATIC and 12.5% for DOT. If you have the ability to stake for the gold/white card (40000USD), they pay out an additional 2% in CRO. For LUNA and BAT, I directly stake on Gemini for 4.5% and 1.75% respectively. The good thing about Gemini and BAT is that you are able to directly link your Brave Browser to Gemini Wallet, making it effortless to stake.
Play around with Terra station (i just got into this pleasant rabbithole myself) and check out Anchor protocol and Mirror protocol. Im now contemplating whether i should just stack LUNA, or even that out with UST so i can get best of both worlds. Mirror protocol is particularly interesting for me. You can trade equities like Apple, Amazon, Google, Tesla stocks using your UST Here’s a pretty good sunmary video of the Terra ecosystem, think you’ll like it : https://youtu.be/aHTAbrk-auQ
Just something I would think about once you have terra on kraken what are you going to do with it just hold it there? If you are just going to hold it why not just buy wrapped luna on coinbase ? If you want to eventually move it to terra network, then why not buy luna on cdc or kucoin or somewhere that can move luna to native terra network. Another alternative is to buy LUNA on gemini it gives you a lot of flexibility due to free withdrawals , so you don't get totally destroyed by gas fees moving an erc-20 token. BTW according to [here](https://withdrawalfees.com/coins/terra-luna) the kraken withdrawal of erc-20 luna is going to cost you around 8 usd.
No position in LRC. But this reminds me of what LUNA and AVAX both did. I don’t think the run is over for LRC holders that are willing to hold another year or so. If you have conviction then just lower your average. 😎
Recently bought into LUNA and am now DCAing as it climbs. Any suggestions as to how to familiarize myself with the ecosystem? It's sitting on an exchange right now but I'm ready to start playing around. Feeling a bit overwhelmed and hoping for some gentle guidance!
Everyone talks about the untrustworthyness of USDT (Tether) and promotes alternates like USDC and US(Terra). However, if LUNA's value tanks wouldn't UST be unreliable? I really wanna get on that sweet 20% APY for UST, but I'm worried about it.
>Where in the world are the words "unusably slow" 0.15 tps is unusably slow. We've never seen an L1 that is that slow. You can't swap coins within slippage across 24 hours. > Complete FUD. Here are all the strategies being implemented throughout the course of this year to scale and boost transaction throughput. Complete lie. Just listen to the video I linked. Sébastien knows a lot more about it than you do. All of those are either basic parameter adjustments that will make insufficient improvements or are will they are major scaling solutions that will not be live in 2022. Blocksizes and memory increases are obviously necessary, and will multiply current throughput, and the fact that anyone is worried about the consequences of doing that already is a red flag that these things aren't free. Every blockchain that isn't already run by super computer nodes can increase block size and memory requirements, and in this respect Cardano has way lower throughput limits than the modern blockchains do. L1 Cardano will need maximum parameter updates to achieve what we now know to be a fraction of the extremely low speeds of Ethereum (not counting Ethereum's L2). Things like script sharing aren't even scaling solutions, they are basic features of every other chain in existence. If Cardano doesn't release that this year, Cardano will be literally unusable due to how much more space smart contract scripts take up on Cardano compares to other chains. There's no possible way Cardano can handle top 10 L1 smart contract volume currently. And Cardano is nowhere close to releasing data inputs (due to conflicts with provability in Plutus). Again, mithril is solves a unique problem to Cardano that doesn't even matter for other chains because they don't use UTXO and have ownerless smart contracts that are decentralized, instead of running everything on trusted multisig setups. A smart contract congestion resolving version of parallel Hydra heads hasn't even been designed on paper yet, and is nowhere near release. Cardano currently has one scaling option: sidechains. That's is the only real option for Cardano, and that is the only remotely trustless way to run off-chain. It's also something that takes years to integrate. Milkomeda's M1 will be Cardano's saving grace, but they didn't even start that project until late last summer. It's extremely obvious that dApps should not be run in a UTXO environment, because of the app level centralization and trust problem it creates. Further, it's obvious that Plutus and provability offer no advantages for smart contracts, as we're seeing the exact same errors from eutxo devs in audits (and after audits): https://www.canonicalllc.com/post/psa-do-this-and-prevent-your-dapp-from-getting-hacked) as we see in solidity. So M1's non-utxo, solidity chain (or the rust implementation) will open up Cardano to way more developers (solidity and rust blockchain devs are hard enough to find, plutus devs are non-existent. The few of them that exist already work on Cardano, and they are a lot more expensive to hire). And guess what? M1 has 32 permissioned nodes, and slashing. >Well, guess what...on Cardano, wait time is long BECAUSE people are using it! If you used blockchains you would realize how stupid that trade off is. >That's the tradeoff...The options in the crypto world right now are to pay exorbitant fees, use a centralized chain, or wait your turn. I know which one I want. Well, you obviously don't use or know anything about blockchains, so your opinion as a speculator is irrelevant. Ethereum and Cardano are garbage. Ethereum isn't going anywhere because it has all the TVL, and whales need liquidity not cheap txs. A blockchain that uses trusted parties and takes days to confirm simple txs has no use cases compared to modern chains like AVAX, ATOM, LUNA, TEZOS, ONE, etc...
Most exchanges won't list Nano because it isn't seen as decentralized enough in their eyes. 2022 is all about regulation, and if your coin isn't decentralized "enough" then it can be targeted by regulators. Nano has, last I checked, around 100 nodes, which just isn't enough. There's a lot of big coins they don't list for this reason. Look at Terra Luna, coinbase won't list LUNA but will list wrapped LUNA because of this. Near, Fantom, Harmony ONE, I mean there's a lot of top 50 coins these exchanges aren't listing, why would they list a #200 coin that has the same issue?
but for example... look at LUNA. +30% in a month, with crashes too. BTC is down. and then shilled coins like FTM and ONE. man, i hope one day it will work for me and I can at least fill in a bit of void that's inside of me
UST looks better every day. So much work to do with exchanges to make it and LUNA available natively and not via ERC20. That and more UST trading pairs. UST is looking very strong if they pull that off. SEC will have zero power over it, unlike USDC and how that turned out.
SOL is and will remain a top layer 1 chain, alongside COSMOS, AVAX, LUNA, among others. It's had clear issues lately with reliability and this is reflected in its recent price performance, but the potential and promise is there and the stellar marketcap growth last year is very impressive. The institutional support will also mean SOL will have no shortage of backers. Below ETH which is dominant in this field, the top layer 1 chains are a no brainer as they offer to DEFI the prospect of being to do what ETH can do but without ETH's disadvantages, that is they can be cheaper, more efficient and faster. Full disclosure - I own ETH, ATOM, LUNA and a little SOL.
Even in the bear market I took some profit off LUNA, COSMOS, MATIC and reinvested on BTC and ETH at great prices. I spend time also doing more research and creating a road map of goals, set some price alerts etc.
I got into BTC in 2017, in September of that year. Held on till early 2021 when I took some profits. Also picked up and dropped a variety of other crypto along the way. Nowadays, apart from ETH & the BTC that I still hold, cosmos ecosystem coins like LUNA, ATOM, SCRT, CRO constitute the bulk of my altcoins.