WAGMI

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is an argument written by IAmGiff which won 1st place in the Crypto.com(CRO) Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sife3c/coin_inquiries_cryptocom_proarguments_february/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find arguments on this topic in other rounds.

Picoton

WAGMI (We All Gonna Make It) it's the worst lie in the whole ecosystem and normally used to manipulate the community while shillers are preparing to sell their bags. Market's profits don't come from thin air, but from other investors or institutions buying into the project, so not everyone can be a winner but not everyone can be a loser also.

nota80T

Yes. It is very difficult to address this when buyers do not inquire. I am not aware how WAGMI began applying to crypto discussions.

Kappatalizable

The bear market effect. And unfortunately we're nowhere near the end of this one. Hodl on everyone, WAGMI

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is an argument written by IAmGiff which won 1st place in the Crypto.com(CRO) Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sife3c/coin_inquiries_cryptocom_proarguments_february/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find arguments on this topic in other rounds.

CointestMod

#Crypto.com(CRO) Pro-Arguments Below is an argument written by IAmGiff which won 1st place in the Crypto.com(CRO) Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > CRO or Crypto.com coin is the native currency of the Crypto.com app, exchange and blockchain. At time of writing, it’s [\#17 by market cap](https://coinmarketcap.com/). > > To begin, the coin is inextricably linked to the fate of the parent company (which is officially named Foris DAX MT (Malta) Limited and was founded in 2016). The coin’s primary purpose is to support the company’s various initiatives, and the success of those initiatives is what would drive adoption of the coin. For the purposes of pros and cons, I don’t think it’s necessary to make sharp distinctions between the coin and the company. > > **Pros** > > I’ll start with three priority areas outlined in their whitepaper: payments, trading and financial services. In [their own words](https://crypto.com/images/crypto_com_whitepaper.pdf): *“Our strategy is to leverage* ***payment solutions as the primary tool for driving adoption and user acquisition****, while building* ***trading and financial services solutions as the major sources of revenue****.”* > > **Real-world payments** > > The company has two major crypto-related payment initiatives. One is a Venmo-like **Crypto.Com Pay** feature. For merchants, the payment system offers lower transaction costs than typical interchange fees and instant settlement. For consumers, there’s a strong “cashback” program. (Despite the potential, it’s unclear how much uptake there is at this point.) > > The **Visa pre-paid debit cards** are becoming fairly ubiquitous. In the U.S., these are issued by Metropolitan Commercial Bank (a New York State chartered bank & member FDIC). They offer some of the best rewards of any card on the market. There’s a tier system, progressively requiring higher investments in CRO to get to higher tiers, that people seem to find motivating. Many people love the design. There’s lots of information about how they work so I won’t repeat it here. Key point is they're indeed popular. > > The most important point (that’s often oddly missed in this discussion) is the cards give you a fast and efficient crypto offramp. Some cryptos can be loaded directly onto the card. Others you have to take the 3-second step of converting to USD or a stablecoin and then loading the card. Either way, you can start with crypto and buy almost anything IRL in a few seconds. > > **Trading** > > In many countries, crypto.com is a full-service **exchange**. In the US (where I’m based) it’s only an app for now although there are plans to open a full exchange eventually. The exchange is ranked #9 by [Coinmarketcap](https://coinmarketcap.com/rankings/exchanges/) although it’s ranked as high as #4 by [Coingecko’s methodology](https://www.coingecko.com/en/exchanges). Recently their spot market volumes are about 20-25% those of Binance but about 80-90% those of Coinbase. (They are a smaller player for now in derivatives, although that could change if they were able to tap the US market.) They support slightly more cryptos than Coinbase, although nowhere near as many as Binance. The fees are apparently cheaper if paid in CRO, which is a driver of utilization. I can't try it out yet myself. > > The **app** is a limited experience but easy to use. If you set-up an ACH push to fund your account there’s no fee to load money onto the app, and card fees are also waived for your first month. Long enough to get many new users hooked. (Although it appears there’s no fees to buying the crypto, there’s in fact an opaque and variable spread fee; more on this in my cons post). If you’re just trying to buy and hodl crypto on an exchange, spread won’t kill you. If you want a gentle introduction to buying your first $100 of Bitcoin, this will work well enough. At the moment I just checked, you’d get $99.6 of Bitcoin for your $100, so that's 0.4% in spread. > > **Financial Services** > > Their **Crypto Earn** and **DeFi wallet** programs are attractive for new crypto users, and allow users to progressively pursue more complicated investing strategies. Crypto Earn is the custodial option on the app, which offers a simple way to earn fairly high interest rates on many coins. > > Their DeFi wallet is a more advanced non-custodial option, with the ability to contribute to CRO validator’s staking, or to participate in liquidity pools. (There’s also a lending program but I’m not familiar with it.) > > ***In sum***, the crypto.com financial ecosystem is not 100% there yet (especially with no US exchange), but it’s the closest thing I’ve seen to a full-service crypto-based financial services provider, and you can imagine a not-too-distant future where, for some people, the company’s offerings would be complete enough that you could ditch your bank entirely without jumping through enormous hoops. In this world, of course, there’s lots of reasons people will be buying CRO. > > **Marketing** > > Many people are very hyped that Crypto.com does a lot of marketing which should benefit CRO and perhaps cryptocurrency in general. You may have heard there's a Matt Damon commercial and a basketball arena in LA. I'm aware Cointest rules say not to focus on marketing, so I'll just make a quick observation. I’ve seen some people say, “oh this is just hype etc.” but if you look at the traditional asset management space, Charles Schwab has a market capitalization of like $170 billion and the primary differentiator between it and other asset managers is really just that Charles Schwab carpetbombs the airwaves with marketing. Marketing does matter in consumer financial services. > > Cointest rules say not to base arguments on price either (Charles Schwab's market cap is NOT a price prediction btw, sorry y'all!) but it’s also relevant to briefly note here that CRO’s marketcap is about 1/6th of BNB’s, so many people believe there’s still upside to this set of observations. > > **Regulation & Security** > > Crypto.com advertises that it works hard to comply with regulation. As a publicly-traded company, so does Coinbase, of course, but the regulatory-compliant approach is quite a contrast to Binance, for example. [Crypto.com](https://Crypto.com) claims to be the first crypto company to have various levels of ISO compliance, [https://crypto.com/images/crypto\_com\_whitepaper.pdf](https://crypto.com/images/crypto_com_whitepaper.pdf), etc. Philosophical arguments about regulation aside, the relevance to CRO is I think it’s fair to say these efforts at compliance probably reduce (but don’t eliminate) the risk of countries swooping in and hammering the exchange or the coin. > > **CRO technical details & tokenomics** > > There were originally 100 billion CRO, but [70 billion were burned](https://blog.crypto.com/70-billion-cro-to-be-burned/). Most people expect the 30 billion supply to continue in the future. There’s currently about 25 billion circulating with the remainder primarily being distributed overtime as validator rewards. These rewards encourage decentralization of the network by giving people an incentive to act as validators. Some people see that as a philosophical plus, but this is still a coin that's very dependent on the company. > > Although the supply is fixed at 30 billion, it’s worth noting that even in the absence of future burns, the supply on the market could fluctuate considerably if the company built up or ran down its holdings. > > Another factor that some consider favorable is that the Visa cards require people to make progressively larger 6-month stakes for higher tier cards (and keep the stakes to retain the card benefits). Therefore, if the number of cardholders increases, an increasing amount of CRO is tied up and unavailable to be dumped. > > CRO successfully migrated from ERC20 to the Crypto.org Chain Mainnet earlier this year. The company has also very recently launched the [Cronos Chain](https://cronos.crypto.org/docs/chain-details/introduction.html) which is compatible with the Ethereum Virtual Machine and is thus an option for developers to connect Crypto.com users to Ethereum projects and apps and so on. This is interesting to follow, though I think the main reason to invest in CRO for now is if you believe in the company’s vision for executing its financial services offerings. > > **Betting on the sector** > > Finally, there’s a philosophy behind betting on CRO that’s worth mentioning. With apologies to everyone with WAGMI tattoos, there’s over 16,000 cryptos tracked by CoinMarketCap. It’s very difficult to imagine that the majority of these will thrive in the long-term. Some will fade away, new (and often better) ones might arise, etc. > > When you bet on an exchange coin you’re partially placing a bet that demand for buying and trading crypto will continue (at that exchange), but you can be otherwise agnostic on which individual technologies and coins are the best. What’s the best chain for dApps? I have no clue. But I think we’re likely to have dApps in the future and people will want to trade the related currencies and use their crypto. So a nice way to bet on this agnostic view is to invest in exchanges, rather than trying to guess which projects are best. > > **Disclosures:** I’m an Indigo card holder, but don’t hold CRO other than for the stake. I’m personally bullish on cro but I have a lot of cons about it too. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/sife3c/coin_inquiries_cryptocom_proarguments_february/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_crypto.com.28cro.29) to find arguments on this topic in other rounds.

advias

It really isn't. I would never suggest owning it but its a token and that's all. Other than that, thousands of people shilled it, thus creating a bubble. There is no value. But a scam is a purposefully deceptive thing like that SQUIDGAME token that had locked assets and never sells. Did other randos on the internet scam others into shilling it, sure, but they literally believed they were right, not understanding WAGMI is a con game. SAFEMOON themselves as a token is not the scam. People are simply just idiots, which is why the stock market has specific laws on marketing language. This is not a new thing. Basically, the issue was marketing, but funny enough, not even through the SM team. It seems like they launched a token and got lucky

deedopete

I’m crying in WAGMI tokens

TarkovReddit0r

1. Start with small amounts to get used to the price action 2. Do lots of research to make sure what the future of cryptocurrency could be 3. Stick to the top market caps for now 4. Do a lot of research about self custody 5. Always question any advice or piece of data. Unregulated market means unregulated marketing 6. if you don’t feel comfortable with it anymore - sell. The “HODL” and “WAGMI” or “JUST DCA” movement is one of the biggest Shitfluencers lie to create exit liquidity.

IaryBreko

WAGMI

FerDavUA

Acronyms, lots of them, DYOR, HODL, FOMO, WAGMI, etc., etc.... 😆

emarkd

Crypto future is bright. Few bumps along the way, probably more bumps coming, but WAGMI

PrinceZero1994

WAGMI is always a bear signal to me lol That is only said when things aren't looking good.

slasula

WAGMI

ValsinatsKrrt

I sold 2, but keeping the third one for now. WAGMI LFG TO THE M00n /s

BucksBrewPackInOrder

E*trade - 3.25% high yield savings account (HYSA) - FDIC insured I-bonds - down from 9% to 6.89% Also: open up a ROTH immediately and fund it to the max annually (6k 2022, 6,5000 2023 unless your 50+; then add 1k per year “catch up” allowance) $SCHD. $VOO, $O - great time to buy and let dividends compound (DRIP) yes crypto still holds immense potential, and I’m a firm believer. But the crypto winter combined with the economic, global recession means it could be awhile before we recover. And before stocking up the investments, pay down the high interest credits (cards, loans, etc). Then establish an emergency fund to account for 6 months of living expenses if you lose your current job/wages. Then…. WAGMI

Dfranco123

All I can say is that the team keeps on building during the bear market & it’s starting to show. Glad I held this coin. Will keep on stacking. WAGMI.

royale442

Still learning and improving. WAGMI 🚀

Greenbriarbushwacker

WAGMI folks

Balantines_ka_choda

WAGMI

bullishonthebit

He is like the avatar. He mastered all elements and knows how to bend all four forces: FUD, FOMO, WAGMI and SAFU.

iamjide91

I can't agree more. I think the kinda things happening in the crypto space will also happen with NFTs, that's if it's not already happening. Scam scam scam. That's not to say there aren't a few good ones. For me, it's going after projects that are bringing nft adoption to the mainstream, I mean projects like Unique NFTs and not the NFTs themselves. WAGMI at last anyway.

KilzzoneXD

WAGMI!

LonnieJaw748

WAGMI

Popatteri

Yes sir, hodl to the grave! Never sell or no WAGMI for you. We are so early, Sun Inu coin has not risen yet! I will lose everything I have just to make a silent point. #hodlers_unite #Do_Kwon_is_sensei

Jaxsoy

It’s rough right now but WAGMI brother 💪

ArtyHobo

We never really know, of course, and the Ukraine situation will start really ramping up once winter beds in there. We'll have a much better idea of if we are in the clear around Feb or March methinks when I'd expect rate hikes to taper and the conflict to be a lot closer to resolution, unless a peace deal can be negotiated before then. There's still a lot of ill health out there in the markets though NASDAQ for one I'm fairly confident hasn't bottomed. If Cathie Woods' ARK survives the slaughter then I'm fairly sure WAGMI 😂

ksalvado

In sol devs and jpegs we trust. WAGMI

phdbroscience350

That's the spirit man! WAGMI!

DarkJunglist

Look forward to coming here in 6 months when BTC is sub 10k and u/69BigDaveCrytpoHands69 is posting about how he's still holding and buying and WAGMI while sleeping under a bridge. What a place you mad bastards.

The_SilentSoul

WAGMI?

I_AM_MORE_BADASS

WAGMI

Corp-Por

Wait but crypto people always tell me "we're in this together" and "WAGMI"! ^(/s)

ReverendBlue

This lady don't know shit about fuck, but I appreciate the enthusiasm! WAGMI

nzubemush

The twitter news about pausing wallet integration dumped DOGE. I've been long on a few great performers (Eth, Ocean, Matic, Bnb, Atom) and others I was yet to pick up (Algo, Ftm, Scrt). They've all done well, hell everything is doing well, but for different reasons. I remain positive as we might not see these levels again when we take off. WAGMI.

GodCunt

Can I get a WAGMI?

stayinginformed1

Hey, I did the same in 2017. Bought my first Bitcoin at 14k in December before going up to 19k then kept buying as it went down over the next 3 years. Stay strong and hodl. WAGMI.

Dry_Advice_4963

Whatever happens, happens. In the long run WAGMI

CUZDex_AllArk-io

WAGMI :)

shescryptosavvy

WAGMI fren

notyourbroguy

WAGMI

ReasonReasonable7168

WAGMI

BenjyMemeMan

Great Post! Any small extra amount you manage to stack could grow to be much more by the time the next bull run hits, especially when you take staking into consideration. WAGMI

___v0id___

WAGMI back amigo

___v0id___

WAGMI back amigo

DepressedBoiiiiiiii

WAGMI

Dry_Advice_4963

WAGMI friend

KhongGuanBiscuits

Happy birthday Franco! WAGMI! Hope you had a blast

ArtyHobo

WAGMI

Novel_Development898

Thanks friend! WAGMI!!! LETS GO!!!!

ArtyHobo

WAGMI

Novel_Development898

YOU!! YOU ARE THE REASON WAGMI!!! Keep stacking!!

krfc89

Ah yes, when I joined their sub anr wrote that this whole Gamestop shill was a martket manipulation to unload their bags I got banned. Much decentrailised and free speech there. Few months later main participator in ZKsync D.Wang (and LRC was shillled hard as ZKsync thing) just quit to start a new coin Taiko. there are 2 tweets from guy who can only wirte WAGMI that lrc holders will get an airdrop of Taiko, but no numbers just "trust me bro"

Fun_Landscape_8075

Wow...I can't believe this ... Reddit soon will be the top app for NFT creation and hunting .... already doing great ....I hope we all make it in this space. WAGMI 🚀

ArtyHobo

I disagree slightly, in that I think the worst is yet to come for macro markets generally. However, I agree wholeheartedly that those who remain strong with solid assets will likely come out of it in a good place. WAGMI

ArtyHobo

Nexo email newsletter headline news: In this patch of your weekly Dispatch: A nice patch of green Reddit NFTs onboard 3M new people ETH as ultra-sound money WAGMI

ArtyHobo

You got your toe dipped in the pool before billions of others. Your entry doesn't matter anywhere near as much as the fact you entered. WAGMI

iamjide91

Good for you. WAGMI. Don't forget to take profits too.

royale442

You should consider accumulation coins with solid fundamentals and relevant use cases. The ones that have continued to build and expand even in the bear market. I’m talking about the likes of Ocean protocol, Polygon, CardStack, Gather Network, etc. WAGMI 🚀

ArtyHobo

WAGMI

ArtyHobo

We could bury the dead cats on the moon when we get there and give 'em cute wee lil WAGMI funerals \^\_\^

ArtyHobo

How all y'all feeling today? From what I'm hearing, it sounds like stock markets are set to continue to collapse and banks in USA and EU are creaking. This obviously isn't the best news for price action in the short term, so we are likely to continue to see stagnant prices whilst rates aren't tapering. Alas, in theory on the other side of it all means that our digital assets should be valued more highly in the long term. This would set us up nicely for the next bull cycle or when the macro dust eventually settles. Hang in there, WAGMI.

Quentin__Tarantulino

WAGMI

proteusON

Because I lost all my money on yieldly vxv harmony-WAGMI and ckb. And even fucking Litecoin. Bah. I'm broke fam, can't buy the dip

Siliconb3ach

When people say WAGMI… r/CC WAGMI

pcmasterrace4201

r/cc when -90%:Just hold Its not hard! r/cc when +2: WTFTW! WAGMI!

Dry_Advice_4963

WAGMI brotha

Trueairdropblogspot

We have been in the bear market for 11 months. Average Bear markets last for 12 months. FED is considering stopping hiking rates. All coming together, coincidence? WAGMI.

EnderWiII

Loving NFTs while criticizing other NFT projects is not the way. Enough room for everyone and all communities. Lots of fun and good people out there who love different projects. Avatars and jpegs are just visual representations of identity tokens and membership. WAGMI

Jaxsoy

WAGMI

Reasonable_City

Thank you so much for sharing this once in a lifetime secret with us! Incredible!!! WAGMI, bros!

Good-Book-6912

Does this mean bull run and WAGMI?

ArtyHobo

PSA: WAGMI This is all. *smears 'God is a Hobo' in excrement on the wall*

ArtyHobo

WAGMI

djmixturess7h

I do. I even considered buying WAGMI. Miss those times when you made money with everything. Could only lose with a rugpull.

ArtyHobo

Member WAGMI and PAMP IT? Good times.

ArtyHobo

WAGMI

iamjide91

If you ask me, I'll say its ATH at 1.96 is highly possible. But it's definitely not going to be an easy ride. This will take some time. I also got my eyes on projects like ETH, especially after its merge. I think we've not seen the effect of the merge. DAFI too. One strong DeFi project if you ask me. Holding some MATIC as well. WAGMI

2kbigdrops

WAGMI friends. We have come this far and still here it means you will make it.

FreePrinciple270

"WAGMI" flair checks out

ryryrocco

WAGMI ☮️❤️😎

BackInTheDay23

Right?? LFG! To the moon! WAGMI!!!

Picoton

I only accept trades from "triple-emoji.eth" domains bought above 100 ETH. GTFO trying to filth my domain with your poor .crypto domain.. Probably nothing. WAGMI. /s

2kbigdrops

Very glad to see Bitcoin holding strong and going +$2000 after the dump. WAGMI.