Solid picks with good diversification. However, you seem to be missing out on MATIC and L2s like OP. I got others like GMX, OCEAN, ATOM, SCRT, NGM, XPR, and ALGO too. My portfolio is always subject to review based on the projects' developments and updates.
Proton, XPR (not XRP). They already have a very nice ecosystem with market cap under 100mil. Just download the app and check it out— really smooth. I think this will be a very nice coin in 2-3 years as it already has loan, farming, staking capabilities with great dev team.
Best argument to show something has real utility, is showing that it actually solves something - that it actually has utility and is the best way to be used to solve the problem it was supposed to solve. When people say, you can do this and that and that with a crypto, well, you can do all of that without crypto as well, so it does not solve anything so there is no real use for it in the first place, so not needed. No real purpose. For example, bitcoin. As Satoshi wrote, a peer to peer electronic cash system. But what does it solve ? Financial freedom ? Until it is tied to dollar and until we have the kind of financial system that we have, it does not solve anything really. If our financial system falls, no one would care for bitcoin. Some say, Bitcoin is finite, 21 million, so its value can only go up. Value to dollar ? So again, we tie bitcoin to current financial system, so it does not make sense. Having it finite, is it really good? Lets say, for the sake of the argument, because it is tied to dollar, someone buys most of bitcoins. Because there can be only 21 millions of it, then what ? Money in its current form, is already digital. So peer to peer cash already exists. Yes, different rules, but still. Problem of 50% attack. Yes, they say it is expensive. But not impossible. So, even if i have my own wallet, it is still not 100% safe. Too expensive to use. unless you transact with a lot of money. Pay for coffe ? Common argument there is, why would you pay for coffe, if it costs more then a coffe, to make a transaction ? Lightning network ? Why, if you can just use euro/dollar to pay. If you have millions, you can make a transaction for very little cost. Great for them, the rich. For most(99%) people, bitcoin does not really do anything. Our current financial system does not work and will never work. Printing money is not the way to go. But i do not believe that Bitcoin is the way to go either. I dont think any kind of financial system is viable. So maybe, not having one is the way to go? And for the rest of the crypto, what do they solve and what utility do they have that cant be solved/or is not solved already? Why would i need decentralization for? I have read through some comments. And answers are, you dont, not your job to convert, waste of time to explain, i don't tell people i own crypto, if you believe, keep buying. Its like, people think that investing in something suddenly means, they are smarter and stop listening. In my opinion, most people, 99%, are in crypto to get rich. To gain value in our current financial system. Great job, real utility. Not true ? Well, explain your coin and utility it solves and how/why are you using the coin exactly ? I am actually amused, how some comment mentioned XPR, which is not even a crypto currency. "Banks are adopting XRP". Great utility, entities(banks), who already trust them selves, using some "coin" to make transactions between them. Great job. Never seen before. Time will tell.
Haaa, I don't know if the comments are sarcastic. I hope they are, not sure people are seriously clamoring for CEX staking. I'm more of a defi person, I prefer staking on native wallets, since it's non-custodial and you have complete control. Most projects recently now have some sort of on-chain staking and I'm doing: DOT via polkadot.js ATOM, SCRT, NGM, JUNO, EVMOS via Keplr wallet XPR via protonwallet CEX do have their advantages though.
OP I think you missed out on "**POS Staking**", or more precise, **Delegated Proof-of-Stake (DPoS):** This aims to increase network security. It allows holders of the network’s token to outsource the role of validation to a delegate. These delegates then form into groups and assume the role of finding a consensus among themselves. There is usually an unbonding period when you unstake, normally from as little as 1 day to as much as 28 days. This is for POS networks like XPR, ADA, and cosmos projects (ATOM, JUNO, SCRT, NGM, OSMO EVMOS). I'm staking all that I mentioned asides from ADA by the way.
There has been a tremendous amount of updates within the Proton ecosystem. WebAuth.com is the newest updated wallet. The old Proton wallet is no longer supported. I’ve been in Proton for a little under a year now. Both Metal pay and Proton have been the easiest and most user friendly I’ve ever used. I’m not new to crypto. Have invested in many others, but I’ve been selling to purchase more XPR. There’s too much development to ignore. ℙroton is going to be the first blockchain bank, not crypto, but Blockchain! Banks and fintech throughout the world will be able to use Proton’s financial blockchain platform. Merchant services – instant payments for a fraction of the cost with no chargebacks. Peer to peer lending, business to business lending, business to consumer lending, bank to bank lending all instantly. Proton can achieve 4,000 TPS at the core level with no modifications required, which is already 250X faster than Ethereum. If scaling needs to grow beyond that, they have access to Layer 2 scaling solutions that will push max TPS even higher.
Proton XPR is well worth checking out. Choose your @ name when opening free new account. Sent crypto with no gas fees either. Instant and with slick UX./ design in the app. (webauth.com). Fun time to get behind the proton block chain. Lots in the pipeline. Metal bank card roll out across Us and Europe is pretty cool too. Worth a read up on the white paper. https://blog.protonchain.com/introducing-proton-org-whitepaper-v2-0/ I give it a rave review. Five stars.
Proton chain $XPR feels like you do and they have been aiming at and succeeding at being compliant since day one. Decentralized ID through onchain kyc is in place and the mother company Metallicus is on their way to launching the first blockchain bank. No, not a bank offering crypto services, an actual blockchain back.
wow the energy that is going into these fud articles. They really want us to sell and stop purchasing anymore. Here is the thing all "Money" is controlled by these dipshits. There is no difference between USD, EURO, BTC, XLM. They were all invented by the same assholes. My face isn't on the $100 bill so I could careless about it which ones I hold. I was forced to use fiat (cash) and brain washed to see it as having value from my birth, but it was all an illusion. Even the Value of Gold is an illusion. The only thing that has true value is your life and the land under your feet unfortunately it's artificial controlled by these colonists as usual. Cryptos like BTC, XLM, KDA, XLA, XMR, CPH, Algorand, RDN, flux, Velo, Iota, Dav, XPR so god damn many are technologically superior to USD and are being used as we speak, by the same government and institutions that pretend they are against it's existence. At the end of the day your just trading old magic beans for new magic beans. Tune out from the fud and wait for these "special" greedy people to get tired of yelling in the dark. Stay "cool" out there in these pathetic times.
Wtf will someone in a third world country do with XPR tokens?! They still need to convert them to local fiat and for that need a good banking system. And if you already have a good banking system than just send the fiat directly and skip the crypto middleman. Fiat -> Crypto -> transfer crypto -> crypto -> fiat Or Fiat -> fiat What is more effective??
I use Coinbase pro to on-ramp from my bank account. Then I buy ALGO and transfer to Kukoin for a plethora of coins to probably lose money on that arent tradable in Coinbase yet. I also send ALGO to Pera ALGO wallet and dabble in some ASA’s. I’ve also sent DOT, ATOM, XPR to their respective wallets for staking purposes
XPR and MTL I actually use $XPR (proton) and $MTL to send my friends payment requests. There's an app called MetalPay which kinda works like a bankaccount, but for crypto. You can easily send cryptocurrencies to your friends for example. It uses the Proton blockchain and it's basically instant and without gas fees. Pretty damn cool if you're asking me..
Thanks! Other alts I hold are XTZ - lots of partnerships and self developing blockchain, Harmony One - still bullish despite the recent drop, and XPR - proton - a very smooth crypto experience where you can set your own address
But even the too complicated aspect is being worked on. Proton (XPR) has a genuine way, where they use @names instead of long as cryptic names. The seedphrase can optionally be stored in google/icloud and using it is no way more complicated then Paypal.... They integrated the metal-app where you can feeless buy cryptos with your Standard Bank Account and send it to said Proton wallet. Everything is waaay more easy then what has avaible just a year ago.
I’ve been using Metal Pay. The fee’s are typically 0%-1%. It’s not available everywhere yet, but has been a fantastic in and off ramp for me. Here’s a brief quote from one of their blog posts. “Metal Pay has some of the most competitive fees across the cryptocurrency industry – not only is BTC, TUSD, MTL, and XPR available on Metal Pay for 0% fees, but all other cryptocurrencies start at 1% fees for every transaction. The fees you pay decrease by holding more MTL in your Metal Pay wallet, with users unlocking 0% fees for all transactions once they hit 10,000 MTL in their account. Additionally, every Metal Pay Cash wallet is FDIC-insured through our partner bank. Combined with the ability to set up a direct deposit, your Cash wallet is one of the most powerful tools to use in the crypto space. Whether you’re buying cryptocurrency with cash deposited into your Cash wallet, a linked debit card, or another cryptocurrency trading pair, growing your crypto stack is easy when you’re using Metal Pay.”
I prefer Keplr interface, but contract-wise it's not different from Cosmostation. They are both interchangeable, just that keplr supports way more and all chains and projects on the cosmos ecosystem. Yeah if you're hodling XPR, no harm in just staking it anyway. Unbonding period is 24 hrs only.
I have some XPR, the reason I bought it is because I think it was a solid low cap, with a novel intuitive wallet that seemed very user friendly with potential for growth. If you don’t have the same belief in your low caps, you might need to evaluate whether you are going to accept the loss. I’ve used this time to trim the fat a bit on my portfolio
good question. im questioning myself for some choices i made while the bulls were unleashed. but for me, im sticking to my plan and im going to dca parts in the obvious two (btc,eth). also im in for the longterm for ADA, MATIC, VRA and LSS. thats it. small portions XPR (Proton, not Ripple) and ONE.