I'd say better stick with more prominent names in this space, especially since most tokens are quite affordable to get still. I DCA into KAS, OCEAN, FUN and INJ atm, and have plans to expand in RSR as well. Bullrun has to come at one moment doesn't it?
For me it's RSR. Held on to a portion for way too long during the last bull run and rode it all the way down to the level it's at now. I DCA'ed during the fall and actually managed to be at a loss of only 5%, hoping for a nice upward motion during the bull.
This concept is already well developed and implemented in some high inflation countries. Reserve (RSR) developed a stablecoin pegged to a large basket of assets like stocks, gold etc. so also a counter-inflation 'stablecoin. A coinbase CEO naming it flatcoin does not take away from the fact that this is not new!
Better start by learning the ropes. DCA and long term strategies will allow you to grasp basic concepts, while picking up some neat gems in the process. I'd recommend starting off with the likes of KAS, OCEAN, FUN, INJ and RSR, and picking up the pace from there on
I remember having this exact experience with RSR, I had the privilige of joining that project when there were only like 400 something wallets containing RSR. When it boomed during the last bullrun it was amazing to see the amount of holders grow and realizing I was one of the first few to actually be in the project.
Never heard about it either, guess the comments below answer the question. If I were you, I'd focus more on established projects such as KAS, RSR or FUN, as they are a bargain now, and have way better chances of bringing you those 10-100x you are looking for
Considering selling the roughly 2k I've had in RSR for literal years now, news is practically nonexistent and I shouldn't have to literal fight looking for a fucking update, what do I throw it in instead? BTC and just watch along orrrr?
I love this, all the mentions are classic Reddit tier tokens. Here's a few that people on Reddit may not know. LINK is dead as an investment FTM I think it's been dead since Andre (one of the founders) walked away but I've been surprised by the team a few times QNT having a bull run now, I doubt it will last until 2025. I'm bullish in the short term. RSR is >90% down from it's ATH although the service is going into other countries and the team is active af. It will crab until 2025 or when rtokens are listed on CMC and CK. I'm a true believer in it and it got me into 7 figures easily last bullrun... CRO will explode surpassing is ATH. Although it's a bad guy on Reddit, the worldwide adoption is still increasing KILT is the next LINK. Easy 10-100x BCH is never going to catch BTC LTC is floundering and I doubt that it reach it's ATH again, same as other 2017 payment tokens such as DASH.
Hello guys, can you please help me to check if any coin from the list below is good for long-term? OMG Network (OMG) Reserve Rights (RSR) Near Protocol (NEAR) The Graph (GRT) Mask Network (MASK) Dash (DASH) Filecoin (FIL) Arbitrum (ARB) Ontology (ONT) Conflux Network (CFX) Thanks in advance for any opinion.
RSR, 100% It's a collateral token to back RSV or it's RPay app. RSV is currently pegged to USD but will be pegged to numerous assets to counter inflation. They're already making 50-100 million USD in transactions on the RPay app which is currently only available in a few LATAM countries. People that use the app don't even need to know that they're using the Blockchain but it's also looking at becoming an on and offramp. It's a very exciting project.
I'm finding myself only leaning towards cryptos that either are, or have the chance at being, a legit alternative to the dollar down the road. Of course, there's BTC and your dealer's fave, Monero. And RSR (which I am still seeking info about). I know Dash is not well-liked. What's the best play? BTC only? A mixture of a few?
Holy moly! Just checked my Crypto portfolio since May and here's how things are going: \- BTC (-60%) \- ETH (-42%) \- VET (-88%) \- CRO (-87%) \- ONE (-95%) \- CAKE (-73%) \- FET (-25%) \- ADA (-85%) \- RSR (-94%) Overall, down 65%. Outside of BTC & ETH (combined for 70% of my portfolio), I'm considering the remaining 30% as good as dead. Tough lessons, I'm kind of relieved that the amount I have invested is a months pay check.
Saved you a click: What is Reserve Rights? After their 2019 IEO (Initial Exchange Offering) on Huobi Prime, Reserve Rights (RSR) has channeled efforts toward developing an asset-backed stablecoin system. Asset-backed stablecoins maintain a stable value through support by assets of equivalent value locked in a contract and added to maintain value. Reserve Rights target the problem of inflation. Their platform allows users to create asset-backed currencies (“RTokens”), which are fully-backed stablecoins that are always redeemable for those underlying assets. By allowing users to create their own RTokens, they’ll be able to tailor their own “perfect” basket to hedge against inflation. We’ll discuss RTokens in more depth below. Key take aways: Reserve Rights’ permissionless platform allows any individual or organization to build, deploy and govern asset-backed stablecoins. Reserve Rights operate a non-algorithmic stablecoin (RSV) pegged to the U.S. dollar. RSV’s peg is maintained through an issuance and redemption system, which requires that some selected tokens be locked on the protocol. These tokens are released on redemption. Reserve rights’ native token (RSR) provides governance to individual stablecoins, along with backstop insurance in extreme market conditions in return for yield. It is also used on the governance portal to submit and vote on community proposals.
RSR by Reserve is a great one. I've been DCA for the past 2 months now. Their mainnet just launched and their RSR coins will be able to be staked soon. Great team, great backing (the who's who of tech and finance). Real time working solution being used by over 20,000 merchants and over 200M in real life transactions per month. Again do your own research. But this is my 12-48 months hold.
I've been following INJ, RSR, ARPA for past few days/weeks. All of them have something coming up and seems to be pumping well. I didn't care about reading what they are updating tho. Any brilliant minds care to give me info about any of them? (ye, I know I am lazy as fuck).
I researched and bought some RSR as well. Like the mission and their approach to support hyperinflationary countries. Their approach to RSR insurance backed RTokens collateralizing their stablecoin is well thought out and mitigates a lot of the risks and downfall experienced by Luna. I think staking RSR will be lucrative but you will have to fully research the underlying RToken you're backing because the staked RSR is the insurance. Definitely a cool project, think it will do well & definitely fits a need at a global financially unstable time. Not expecting a moonshot but think it will succeed
Ah, just Googled it. I don't think this will happen with Reserve. They have strong backing and they are already operational pulling in $200M through their crypto with their real life use consumers. Magnet launch in 5 days allows people to stake their RSR which is huge. Plus based on googling exit liquidity, it says whales create a lot of buzz around the coin to get people in, but RSR is very under the radar.
These are all quality investments but I do think you might want to consider some low cap gems as well, this would help in diversifying your portfolio for maximum returns. You should consider the likes of MILE, RSR and you might want to include some memecoins like TSUKA as well.
What is causing this ALGO pump? 4.21% What is causing this XRP pump? 4.12% What is causing this RSR(WTF is that) pump? 4% What is causing this CRV pump? 3.46% What is causing this LEP pump? 3.47% What is causing this HNT pump? 2.9% What is causing this LINK pump? 2.44% What is causing this SOL pump? 2.29% Kind of getting tired of seeing the SOL fanfare over 3% up.
No, I can see how that would be confusing, though. The term mainnet refers to the official launch of the Reserve Protocol as it was originally intended and indicates the start of RSR staking on the Reserve dApp. The protocol team anticipates launching mainnet as soon as the tasks on the mainnet dashboard (https://docs.google.com/spreadsheets/d/e/2PACX-1vRWHADzA4rXVEk-vSXUxiwbuxrdk4\_0WERVhifJmfKb71kftD1YjXjR2wONaRSL6Wd3qebF7pBftjQt/pubhtml?gid=1762620174&single=true) have all been checked off. They are aiming to launch as soon as humanly possible without sacrificing on our level of security.
Hey. I have no idea. I've never been good at predicting prices. My only thoughts is I would be shocked if the value of the investment token RSR doesn't go up as the project slowly gets rolled out throughout the world over the next few years. It's truly a great project that is changing lives and not some hypothetical game token, not that there's anything wrong with that but it's just different.
Reserve (RSR, RSV, RSX) is completely different than Luna. Reserve has created a platform for creating stable coins. Anyone can create the ideal stable coin, and back it with whatever they want. The market can decide which stable coins to adopt. RSR is the token to stake against these stable coins to provide insurance incase the stable coin depegs, but the RSR stakers get to earn a portion of the yield these stable coins earn. Right now Reserve has a stable coin called RSV that is backed by USDC, TUSD, PAX and is currently being used in Venezuela. They have over 600,000 users and over 500k downloads on the playstore. IMO they are doing it right, which is building a system to help create the best stable coins (in an open market) while letting users capture part of those stable coins's yield by providing insurance using RSR.
Good points. The way I see BTC is its a commodity and the people will gravitate to what they want BTC for. If they truly want utility or some other function, then they will look for that other coin / forked BTC. If they truly only want to save/make money they will go for the original coin, etc... Personally I see BTC going to be the savings account, long term investment, and stable coins for true currency to be used day to day. Many people are underestimating the stable coin category, and that's where true "adoption" will happen. I've invested heavy in RSR (Reserve) since I think they clearly see where the future will be with crypto.