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Best approaches to passive income and staking in DeFi
Elrond just opened it's grand Ethereum Bridge
Utrust the next Paypal but crypto form? We do a breakdown of how UTK Could hit $25 which is a 100x from today ($0.24), this video is speculation but we take a few factors and create this breakdown. We also cover crypto news, updates and breakdown look out for the secret words in the video h
UTK UTRUST CRYPTO PRICE ANALYSIS, PREDICTION. Incoming!
Crypto Adoption Is On The Rise. Why Is It Necessary To Use Crypto For Payments?
Crypto Adoption Is On The Rise. Why Is It Necessary To Use Crypto For Payments?
Buy UTRUST while you still can, this is a lock for gains with very bullish news.
Mentions
PayPal's involvement shows that they have observed that cryptocurrency payments are starting to gain traction. As a result, I feel it is the next trend, and in line with this narrative, I picked UTK and DASH.
Thank you for the article. I've been paying close attention to this technique while selecting long-term altcoins to HODL. I currently have DASH, UTK, GRT, MATIC, and ARB. Given that we are still in a bear market, I believe now is the greatest moment to accumulate.
My long-term strategy involves regularly investing a portion of my paycheck through DCA, and taking advantage of significant market downturns to add to my holdings. I focus on accumulating utility tokens such as ETH, DOT, BNB, OCEAN, and UTK, as they have strong long-term potential and utility in the market. Staking these tokens is something I do while holding them.
I used to send via Paypal before and it was so expensive, but then I switched to xmoney and it charges a 1% fee but I still gain 1.5% as cashback so its covers the fee, plus sometimes I send him the money as UTK which attracts no fees at all, then when he receives it he can convert it to fiat.
I think the memecoins hype is over. But who knows, everything can change, this space is unpredictable. I am firmly convinced that solid projects like those that are being built during the bear market will do well. My hopes are high for LINK DOT DIA UTK and OCEAN. Let's see how it plays out.
As seen with the recently concluded mini-meme season, meme season offers liquidity to the market. It is ideal to DCA those gains into low-cap like UTK, FLR, and CKB rather than solely in BTC because that is where the major gains will be during a bull run.
>... and UTK are some of my picks. I follow their development and observe the situation. You mean to say that you're following with the whole xMoney rebranding happening with the Utrust and TwisPay atm, that's why you're accumulating UTK ahead of the most intriguing milestone for the crypto payment processor?
It is essential to stick to a strategy and be patient. No one knows how it will play out, but there are a few options. I have large caps and low caps. ETH DOT LINK OCEAN DIA and UTK are some of my picks. I follow their development and observe the situation.
I stopped staking on Coinbase, they are way too greedy, right now I'm only staking UTK on xportal
tldr; xMoney has launched a global payments network built on the MultiversX blockchain, integrating traditional fiat currencies and cryptocurrencies. The network offers fast, secure and efficient financial transactions, and is authorised by the Bank of Portugal and the National Bank of Romania. xMoney is a principal member of Visa and Mastercard, and offers a range of payment solutions, including xMoney Crypto Pay, xMoney Fiat Pay, xMoney Pay Request and xMoney Pay Links. The company is seeking community feedback on its UTK economics improvement proposal. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
They need to do their research as well as be aware that memecoins are gambling. Most of them go with memecoins, while they are not aware of the potential of altcoins which are based on solid fundamentals. But it's all about the experience. I would always recommend going with safer options BTC ETH and DOT, while low caps are also solid investments OCEAN DIA UTK & DAFI.
It's common for newcomers to focus solely on price, but it's crucial to remember the importance of risk management and diversification. I've learned the value of a well-balanced portfolio that includes a mix of high-cap and low-cap tokens. For example, my portfolio currently includes ETH, BNB, EGLD, UTK, MONG, and VELO. By diversifying, I can mitigate risks and potentially increase profits in the long run
Personally, I think the DOGE hype is gone. PEPE even had a faster growth & the traction & attention is still there. I think it's best to invest in projects with good prospects. There are tons of options such as ARB, OCEAN, UTK, EGLD, etc. Their price action might be slow but R:R looks good.
Nothing is "safe", bro. But definitely holding Bitcoin and Ethereum are safer than holding Pepe and Shiba. My tip for you is to start with BTC and ETH. Then learn about DeFi, Web3, and Liquid Staking to start. I have a portfolio with a few altcoins DOT DIA UTK LINK AAVE and some others. Choose a few projects and dive deep into them as much as you can. Start with cash reserve (USDC or BUSD) until you feel yourself safe enough to move on.
At this point, I'm steering clear of risky investments and focusing on holding solid coins. My portfolio currently includes BNB, UTK, METIS, and FLR, which I'm confident will continue to perform well over time.
No one can know that. I have never been a fan of meme coins. I would love to see solid altcoins such as UTK DIA OCEAN & DAFI pump. Let's wait for the altcoin season. Hopefully, it is close.
I took profit from it already, I bought UTK, and EGLD for a long-term hold, maybe I will wait a bit to ape back into PEPE
This is why I only Invest the little I can afford to lose, Last year I bought a lot of memes with the goal of trying to retire early but then I lost over 10K chasing what there is not, so now I'm only Invested in BTC, ETH, UTK, and MATIC
I did sell QNT long back, I got into SOL which also got me messed up but I was able to make some profit from other tokens like UTK and EGLD which I bought back in, tbh I don't know if I will buy QNT back but let's see it's possible
Very well said, mate. I have no doubts about Ocean and UTK's potential. Utk will benefit greatly from the upcoming rebranding to Xmoney. In terms of gaming tokens, I'm currently holding AVAX, NAKA, and ILV.
The risky investments are memecoins. I stay away from them. Ocean and UTK have been doing a good job. I have high hopes they will work well when the market recovers. The same for DIA and DAFI when it comes to low-cap gems. Also, I believe gaming tokens could work well, ILV, SAND, and ELFIN (which will be live soon) are on my radar.
Exactly, for me, I only invest around 30% of my portfolio and I have it staked like for UTK, EGLD, and DOT which means I might not unstake for the next 1 year or more depending on the market of course
Although I've had some unlucky experiences with meme coins, I prefer to invest in low-cap coins that have the potential for easy 10x gains. Currently, I'm investing in some hidden gems like UTK, METIS, VELO, and OCEAN, which I believe have strong potential for growth and success.
This is riskier because of impermanent loss, I prefer on-chain staking like I'm doing with UTK, EGLD, and DOT
But why not use Binance? I think the interface is much better, the tokens I'm looking into now are UTK, MATIC, GLMR, and DOT
This is a well-diversified portfolio mate but I'm curious about why you choose FTM and ADA considering how big the market cap is. However, I think you need to add UTK to this. With the increasing rise of crypto payment platforms, this token will deliver good ROI.
I started DCA at the beginning of this year actually, I have some staked like UTK, EGLD, and DOT, while others not staked like ETH, BTC, and ARB, I'm ready for the bull run any day any time
If BTC hits 40K then altcoin season is inevitable, I have a strong feeling ARB will melt faces, and even UTK EGLD, and DOT too
The trends in the crypto space have been constantly evolving - from DeFi and GameFi in 2020-2021 to the current focus on AI and crypto payment-related projects. I'm always keeping a close eye on these developments and making sure not to miss out on any opportunities. Right now, I'm particularly interested in assets such as FET, AGIX, UTK, and CTI - all of which I believe has great potential. I've been accumulating these gems and am excited to see how they perform in the coming months
I'm still Holding, I started DCA at the beginning of this year and it is mainly for the long term, I didn't invest in shitcoins so I believe I'm good to go, First I'm almost 2x on BTC, and the same on ETH, I'm few percent up on UTK, bought it because of web3 crypto payments threading, I had few percent gains on DOT which I stake and I have some ARB from the airdrop.
We'll get there, don't worry. Projects like UTK and DAFI are also pushing to re-invent finance but in a decentralized manner. But if you ask me, I'll say there's more adoption of cryptocurrencies in the US and also in Asia.
Sold out early and bought memecoins. Lessons have been learned. There is no chance to invest in memecoins anymore. I stick to the projects that develop and stand strong during the bear market. I hold Ocean UTK and DIA among low caps, and stake DAFI on BnB super pool, these seem very promising. I am pretty optimistic about their future. Let's see.
I believe I am prepared. I have some initiatives in industries that are currently trending and will continue to trend during the bull run. Projects such as GRT and FET in the AI sector, MATIC and OP in the L2 sector, UTK in the payment processor, and the kings such as BTC and ETH stacked up with an eye on emerging ones such as ADE, which fuels a fully decentralized ecosystem for Telecommunications.
Depending on an individual's perspective and aims, cryptocurrency can be viewed as both an investment and a way to gain control of your own money that is free of government intervention. And, in my opinion, it is both. Investing in a project that solves real-world problems, such as ADE, UTK, FET, and others, as well as supporting the community and taking control of my finances.
Only those who started crypto really early enjoyed mining with ease. Now Instead of mining, we can just stake. I stake UTK, ALGO, EGLD, and DOT and I get good APYs.
No one can predict. I did not expect March to be like this, the collapse of the banks contributed to the market moving a little, but I really cannot say in which direction it will go further. However, some altcoins will follow an upward trend. I believe that these will be the projects that are being built. I have on my radar Ocean which is actually doing well, especially because of the AI narrative, DIA that launched xLSD to support DeFi use cases, UTK which will be rebranded, etc. There is still time to build a solid portfolio.
I use Utrust and Binance for payment that's why I'm Holding both UTK and Binance
Only your last strategy, "you can try to pick projects that hopefully will hold value even if they never moon," has my approval. My strategy is to identify a high-value niche and invest in the best project in that niche. I did it in the AI/data sectors by investing in OCEAN, in the crypto payment processor sector by investing in UTK, and so on.
My first time buying crypto was around 2020 and I made some gains but didn't take profit and here I am, I still Holding solid bags though BTC ETH, UTK, EGLD, and MATIC, I staked both EGLD and UTK already so lets see what the next bull run holds
What an a perfect answer just like when everyone was thinking that MATIC at about $1.5 was the beginning of the moon, that's when it begin to retrace although I made some profits cause I've DCA at 80, 60 & 40c and I sold over 70% of my holdings at the $1.5. I'm just patiently waiting for ETH, EGLD, UTK and RIDE to bring in some pumps as I've got them at several entry prices using the DCA strategy.
My plan is to cashout next bull run when BTC hit 100K, and then most of my Alt like EGLD will be around $1K, UTK around $3, and of course ETH at 10K
Seeing so many projects do over 100% plus is rare in bear market and common in bull run. I'm happy I got in earlier into some and still holding. The likes of UTK, COTI and CYMI are few to look on too.
In my opinion OCEAN, UTK, and CTSI are undervalued but have amazing use cases. OCEAN - enables individuals to gain valuable consumer insights, resulting in better products and services. It's unlocking data worth trillions of dollars for AI and businesses, CTSI - It opens up the design space for more expressive and computationally intensive blockchain applications and its Rollups can be deployed as layer 2, layer 3, or sovereign rollups. UTK - It gives new and old payment gateway users new digital asset payment benefits.
Absolutely! Small-cap coins have the potential for higher returns than established coins, but they also carry a higher level of risk. I have some thoughts on a few of the top ten coins by lunarcrush galaxy score that you mentioned in the image. TSUKA and WABI, in my opinion, are my best picks right now, with the latter providing real-world utility that can attract good investors. UTK is a good option if you're looking for another good low cap. With cryptocurrency payments gaining traction, the project has formed alliances with several well-known companies and has a working product, which is a good sign.
Maybe UTK is the first I'm seeing and hopes to look at it. Any web3 coin you are accumulating? I think is a good time since the narrative is not mentioned as before.
>.... not only for crypto :) Good to know these things just for life Hmmmmm, deep thinker! 🤔 Tbh, I'm already using this particularly the last one - being patient and it's gradually beginning to pay me more as we gradually move into the bull market season with my portfolio filled with several altcoins including large and low caps like UTK, RIDE OGN and few others that I accumulated at different entry points using DCA strategy.
Crypto payment is also part of the trend. In as much as I have my investments in FET, GRT, and OCEAN, I'm also accumulating some UTK as the payment gateway continues to gain more adoption.
Thanks man. Most of your point we're facts especially No 9. Never forget to take profits. I have now gotten good bags of crypto payment projects like UTK, CYMI and others. Anticipating the bull run
Sorry but right now TA is BS, from 16K they said TA predict a dump now here we are at 23K no stress, I just DCA in monthly buy BTC and ETH as usual then top with my favorite Alt like UTK MATIC and GLMR, then take profit on the way up to reinvest again
When it comes to investing in this space, conducting thorough research is essential. In addition to analyzing the fundamentals of a given project, it's also critical to examine the strength and engagement of its community. After all, without an active and supportive user base, achieving organic growth can be exceedingly difficult. That's why I believe it's worthwhile to consider adding UTK and APT to your list of potential investments. These projects have built strong partnerships and cultivated vibrant communities, which bodes well for their long-term sustainability and growth potential. RBIF was tipped to be the next SHIB. Do you see this happening?
Thats why people love buying high and selling low Lol, I used to be like the picture once but now I Just DCA monthly into BTC, ETH, DOT, UTK, and EGLD
Yeah Staking is the best way to gain passive income, I will rather stake than Just Hold, I have UTK and EGLD staked on Xexchange
You have got good bags I guess. There is big room for growth. Do you mind telling me which you're most bullish on? I'm looking at cryptopayment project as they rendered excellent service and they're already gaining adoption. The likes of UTK and CYMI is one to begin with.
And rumor has it that they will wait forever, DCA works better, for me every month I buy a small fraction of BTC ETH and some Alt like UTK EGLD and Matic, then I stake them, with this I know I won't FOMO and yes I still make gains long term
DCA works just fine, you can't always catch the bottom, it's like trying to catch a falling knife, since last year I took time to DCA majorly into three altcoins, ETH, EGLD, and UTK, all of which are long-term investments, as I see a lot of Fomoing in now with the little pump just makes me laugh because they could have taken the easy path.
With Web3 gaining traction, UTK and EGLD are my top picks in that regard; it also has a good return on staking.
Dont forget to mention UTK, big help in making this all possible
CRO isn't all bad. I used to use it, but now the X card has piqued my interest it should launch this Q1. I read in UTK 2.0 last year that it will offer cashback of up to 5% through Utrust, which is huge in my opinion.
>A lot of new integrations have appeared for real, and I've seen the xPortal in particular... I'm yet to check out on xPortal as I'm anticipating the launch of xMoney in particular amidst all of the products. >with integrations of new farming incentives in the ESDT tokens such as RIDE, ZKP, and MEX generating good APRs and withdrawal thresholds. For the sake of the aforementioned _"good APRs and withdrawal thresholds"_, I'll check if UTK and BHAT is included since you've mentioned that it is available for RIDE and MEX.
It's unfortunate that my portfolio didn't begin until Q4 of 2022, as many coins have already seen significant gains. Nonetheless, I still believe in the long-term potential of POLYX, UTK, and AZERO and plan to continue making regular investments in them. While the market may be stagnant in the short-term, I believe that these projects have strong use cases and will ultimately prove to be valuable assets in my portfolio.
Good call for SOL, I will take some profit on UTK too soon if my analysis plays out and then wait to DCA back in because I still don't know if the bull run is back or not
>Nicely said. I would say your choices are good, RIDE is a solid pick, and within MultiversX projects, UTK is solid too. I have increased DIA holdings even after its listing on BinanceUS. I believe they will bring massive gains in the next bull run.
>the time to be Buying and Building positions in your Favorite projects is NOW I'm already taking good position with some of my favourites including ETH, MATIC, EGLD, UTK and RIDE.
In the cryptocurrency market, those who adopt a long-term perspective tend to be more successful. With this approach in mind, I am consistently DCAing into EGLD and UTK. I believe that their upcoming rebranding will positively influence their price trends.
Payment solutions such as those being offered by UTK and NGM. I do believe that crypto payment will play major role in mass adoption of crypto.
I only DCA what I can afford to lose, and I'm not buying a newly launched token. So far, apart from ETH and BTC I've only focused on buying more UTK and EGLD, which I staked on Maiar Dex. If this is the bull run, I'll be fine; if not, I'll stick to my DCA.
A 40K loan is too risky; I'd rather keep putting $100 each into UTK and EGLD every month, as I believe Web3 will always be relevant in the crypto space.
Who knows when the bull run will begin, but I own most of the alts you mentioned here and will most likely profit at this range as well. I also own UTK and EGLD, which you didn't mention, and they are my moonbag since web3 is gaining traction; I will take profit from EGLD when it reaches 1000 and UTK when it reaches $5, well until then
Zil price has been under an extreme bearish influence for quite a long time which is expected to remain so. I prefer projects with solid antecedents. I'm talking about payment processing projects like XPRESS, UTK, and Binance Pay. They kept innovating
Super easy to stake on Elrond too, I stake UTK and ELGD on maiar Dex
I will add UTK, EGLD, and MATIC to the list,
I am not sure about memecoins, because I have never preferred them, but if the market shows bullish movements, I believe that UTK OCEAN and DIA will also perform well.
You can Hold and stake that works better, I stake UTK for around 25% APY
Same here, SOL was like an unfinished big ship sinking gradually, it is a pity few of my friends didn't sell when they had the chance to, as for me I dumped it for UTK EGLD and BTC a long time ago
UTK, utrust. Was expecting a big boom. Then bear market, just like many
Tbh I can't say much about it, I see it has a lot of community backing and it even started its staking recently requiring you to lock for 2 years right? Well I might later buy some if am convinced but for now I'm sticking to EGLD and UTK like I mentioned above
I agree with DOT, but I wouldn't buy LINK. There are still a few I'm keeping my eye on like EGLD, VET, and UTK.
It's not your key it's not your money, the only exchange I trust now are decentralized exchanges like Maiar dex, I stake a few of my Altcoins on it like UTK and EGLD
Token with utility is always the best to look out for, L1s, and crypto payment platforms are still the best IMO, ALGO and EGLD come first for me, and UTK based on crypto payment and of course BNB too
Cross-border payment platforms are going to play huge role in mass adoption of cryptocurrency. UTK and NGM are two of the payment platforms that come to mind.
It's the second one, mainly because while I know EGLD ,I never heard about UTK, but maybe I'm the only one.
Is it the fact that FTX screwed me over or the fact that I'm bullish on EGLD and UTK to stake or the fact that I'm now using Trustwallet?
The DeFi space is pretty promising indeed! When it comes to high yields Curve, Aave and Dafi are great options! I didn't know UTK was stakable, just knew it as a payment solution
I had 10K till FTX fucked me, I don't trust cex anymore even Binance, and now I only stake EGLD and UTK on Maiar Dex, I already sent all my stablecoins to trust wallet
It is ETH, BNB, MATIC and DOT for me particularly when it comes to my large cap portfolio selection and when it comes to low caps, I go with RIDE, UTK and ZPAY.
> Is Bitcoin the only crypto that will survive FTX? That's totally impossible as several alts are really staying afloat the FTX saga. Although the FTX crash a huge negative impact on the entire crypto market and some of the assets in my portfolio but MATIC, EGLD and UTK are still keeping the positive impact on my portfolio.
SOL is just good as dead I can't take the risk, I dumped it for UTK and EGLD
Your token selection is not bad, all the tokens I mentioned above are solid too, and I even staked some like UTK and ALGO
>CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse This is a wrong statement IMO as I've seen several alts with gaining power in the midst of the FTX collapse including MATIC, KSM, GLMR, UTK despite it being a low cap.
>I was holding a bunch of TWT... I'm just holding the few TWT I had from the airdrop about 2 years ago. Meanwhile, I observed that there's a change from exchange tokens being at the peak of adoption to wallet tokens. So I'm planning to utilize this trend with UTK since HOLD wallet is powered by the Utrust payment platform.
I short BTC, I made like 10X too, I use 1X from that to DCA into UTK, EGLD, MATIC.
I DCA Monthly and it just with only 10% so that's not much, the bear market is good for accumulation as long as it is solid gems and not shitcoins, so far I have DCA into BTC, ETH, UTK, MATIC and ALGO
Projects that have survived the past bear market will easily survive this one, I hold UTK and it did survive the last one, so this one shouldn't be too hard since there is more crypto payment adoption setting in
DEX is safer since no one has access to your funds, I stake UTK on maiar Dex
My Lil bro is pissed off, we both got in at 135, and I dumped mine for UTK and MATIC at 190, but he wasn't wise enough to do the same, now he thinks I tricked him
That's why I dumped it for UTK and EGLD
MATIC is solid, EGLD and UTK aren't bad as well
I've been using this DCA method for about 2 months now, I sell when it spikes a few percent then buy back in when it drops, I sold ETH at 1600 and bought back in at 1260, and I did the same for UTK, and I sold at 0.14 and bought back in at 9 cents
I'm excited about the future of the data economy and crypto payment processors. This year, these two fields have grown a lot. I believe these 2 industries have a bright future, and I have investments in OCEAN, UTK, and NGM, which are all from these industries.
When they Invest in real estate they Will wait for years only for 20 % interest But when it comes to crypto they surely want the gain in less than a week ah ah, it takes patience, I have mentioned several times, I DCA into BTC, ETH, UTK and MATIC monthly, I will wait