Why is this comedy? I think there’s actually a legitimate market for something like this. Sure ZIL isn’t a “top tier” project, but it’s not that bad overall. It has potential and is developed by a team in Asia that seems to know their market.
tldr; Zilliqa has revealed a prototype Web3-focused gaming console and hub set to launch in 2023. The console will allow gamers to earn ZIL coins for completing in-game quests, similar to how existing games reward users with virtual currency, except now the rewards involve blockchain technology. Zilliqa is a layer one blockchain for smart contracts. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
tldr; Zilliqa is preparing to launch a hardware console and gaming hub for Web3 gaming. The console will feature a crypto wallet, mining software, and in-game "skill-to-earn" missions, tasks and quests. Players will be able to earn Zilliqa (ZIL) tokens through the completion of in- game tasks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
In this market, the merge won't have a significant impact on prices or anything in general. ETH staking will still be quite expensive. As crucial this might be on the big picture, any significant changes will reflect on the long term. My personal opinion is: Most ETH miners will be forced to either assume losses or move to mine other options like ERG or ZIL, thus promoting further diversity on blockchains fueled by bridges and stuff in the long run.
TLDR: Staking is good for helping to secure the network and liquidity as well as passive gains, but better if in your own wallet, and be mindful of differing lock up periods ranging from none to 14days, 21 days, 6months, 1 year. \------------------------------------------------------------------------------------------------------------------------------------- Depends. Staking does create passive income. But where you stake is important, not to mention your time frame. Staking depending on the project can help secure the network, help with transactions and provide liquidity. I would avoid staking on exchanges. Stake only with your own wallet (hot wallet or cold wallet) be mindful that a coin like ATOM takes 21 days to unlock, ZIL takes 13ish days to unlock, ADA is fluid there is no lock up, but takes a few EPOCHs before you earn rewards (roughly about 14-18 days depending when you start in the EPOCH). Or in the case of ETH 2.0 UNK lock up period. The people who say it isn't worth might've been the ones how locked up for an extended period of time on an exchange or CEX and due to market conditions were unable to sell before a big drop example: ETH 2.0 lock it up for unknown period when it was worth 4k a token and now it's around 1500 als0 think of owning ATOM and wanting to sell at 40 but by the time you unstake it's in the teens or anyone tied to Celsius/Terra debacles (couldn't unstake before price cratered). Other tokens in order to lock in supply might've had 6month or 1yr stake lock ups in return for large percentage (MELD/AADA on Cardano network). If you locked up MELD for a year(15% return) when it was worth 0.18 ADA, you would've have been able to sell before it dropped down to .04 ADA). Same goes for AADA (when it was around 3 ADA, now 1.40 ADA) had you staked to gain 20% by locking it up for a year. Now price movements happen and if you had a crystal ball you wouldn't be on this website. There is nothin wrong with staking (even if you lock up for an extended period) if you believe in and see value long term in the project. Yes you lose out on those up and down price actions, but as you stated you're a buy and hold person not a swing/day trader.
>Valkyrie CIO Steve McClurg says, Valkyrie, which has about $1 billion in assets under its management, is moving its funds to Bitcoin and other smart contract blockchains such as Avalanche (AVAX) and Zilliqa (ZIL). “Right now Bitcoin is really the flight to safety for a lot of our funds…some of the more established proof-of-stake protocols are also a great place to be. Places like Avalanche and Zilliqa… So we’re really moving out of anything that has too much exposure to ETH right now until we see this merge sometime in \[the\] middle \[of\] September and into some of the safer larger crypto protocols.” McClurg says that Ethereum’s upgrade to a proof-of-stake consensus mechanism comes with tradeoffs that could pose major risks to investors.
As long as you are willing to lose what you put in, you are good. That's not to say we all think something will happen someday and we'll all lose out. Just precaution. Make sure you are aping into projects with long-term potential. BTC, ETH, we all know. Personally putting more interest in LINK, DIA, & ZIL. Hopefully all turns out well for us all.
The person I responded to said "Cardano hasn't done shit." My response was to provide one thing they've done that proves that to be false. And to respond to you - It's not a single variable. This is just a piece that has been present now for around 2 years and hasn't failed. They're pretty much on par with their offerings (for better or worse) when compared to other chains like Ethereum but the flexible staking is unique and **impressive**. I'm not even comparing Ethereum's current form of staking to this because I have no idea what their plan for locking period is after actual staking gets released. Right now, the ETH is locked as a sign of faith and belief in the chain as a whole and to me doesn't fall into the same category. I know plenty of individuals that have gotten into staking on ZIL, Fantom, and whatever else and rage when they realize they have to wait 5-10 days to unlock. Reminds me of J.G. Wentworth's "It's my money and I need it NOW!" I'm not saying its the definite way forward, but other chains have not provided a solution like Cardano's. A solution like theirs is closer to having a savings account at a bank and acquiring daily interest on what's in your account. The freedom to have quick access to your funds would only lead the average new-comer to feel more comfortable with venturing into crypto.
ZIL, CELR, ROSE I've already got a bit of each but I am contemplating getting a little more serious about them. I'm in no rush right now though. One that I have been holding for a long time that is a total longshot and my riskiest holding (as far as I can tell) is Contentos (COS) which is a web3 decentralized video platform. I'm completely torn between leaving it as is or adding more.
Currently I'm holding quite a bit of ZIL in a Zillet wallet & a bit of BTC in Electrum. I was advised to use Guarda, Atomic Wallet, Exodus since I control the private key. But I'm not 100% sure of what I ought to do. I just plan to keep my ZIL & BTC safe from any exchanges for the fear of them collapsing
You failed to mention the utility. I'm sure many would have liked to know why you think it's a great hold. For me, it will always be BTC and ETH first then BNB, ATOM, MATIC, OCEAN, LINK, ZIL and other utility driven projects.
I’ve been keeping my eye on their development and shenanigans come to mind at times. I’ve generally liquidated all of my portfolio at the beginning of May, pre Luna, and now only keep BTC, ETH I mine and smallish amounts of Helium, ZIL, BNB and SOL I had staked at the time, but only trade BTC
I’ve numerous coins but in three different tiers, includes what I believe in most and consequently value. I saw Steller (Tier 3 was up a bit a while back) & Fet, also Tier 3 had dropped like a stone 21%, swapped all the Stellar to FET. Other than that I’m buying bits weekly of whichever coin in any Tier provides the best value at that time. This last couple of weeks ENJIN, DOT and EGLD have been good value plus HNT a couple of times. Lots of my coins are locked in stakes and I’ve bought enough for now, ADA, ONE, ZIL, ALGO, Tier 2 type coins for me
Quite interesting times I must say. Now you know those who truly believe in cryptos from those who don't. Maybe $8K for bitcoin. I'm not assuring anything of this, but it's a possibility. Buying DIA at $0.2 will be a good target IMO. Also eyeing DIA and ZIL in the long term.
I think safest bets are LINK, ALGO, and ETH. But i’m buying VET, ZIL, XRP, CKB, ADA, ONE… i got a few i like but the three i mentioned first are recurring and the others are all if i see crazy discounts. Cash is king these days.
-Zoom out and see the bigger picture. -DCA gradually into your favorite coins and try to reduce average buy price of prices drop further. Only invest in fundamentally solid coins with relevant use cases. Explore staking options; you can earn about 20% staking NGM, about 15% staking BRKL, 7% on ZIL, 10% on YLD, etc.
I'm kinda with you on this post, can't expect liquidity to be the same on all exchanges. That said, I was dealing with a clear bug in your isolated margin trading system back in March and support was no help (lost 20% of my trade funds instantly when I started a short on ZIL when the mark price was actually below my sell price. Then it started reading the mark price incorrectly and liquidated me, again support was not helpful).
I LITERALLY GOT THIS GREAT ANALYSIS JUST NOW. SIMPLY PUT…UNSUBSCRIBE Open in browser Where Am I Buying Bitcoin? My Personal Buying Strategy Rekt Capital May 30 Hello Rekt Capital traders and investors, Over a week ago, I shared a Deep-Dive TA Session on Bitcoin which got extremely positive feedback. Did you watch it? 👀 Last Thursday I released a 30-min Altcoin-focused Deep-Dive TA session ‘Where Could Ethereum & Altcoins Bottom?” for valued members of the Rekt Capital Newsletter” 🔥 In this exclusive TA Session, we covered: Detailed deep dive analysis on Ethereum TA analysis on a few key Altcoins: DOGE, EGLD, ZIL, SOL, DOT The most important metrics and indicators for Altcoins When and from where should we expect the new bull run for Altcoins? How much more macro downside could we expect for Altcoins? Not to worry, I want everyone to have access to this Altcoin Deep-Dive!🚀 Sign up to a 7-day trial to get full access to the Premium Newsletter including the Altcoin Deep-Dive TA session. Get Your Free Trial The 20-Month MA In recent weeks, we’ve been taking extensively about the 20-Month moving average, which has historically been a crucial reference point for macro trends for Bitcoin. Simply put, BTC above the MA is bullish and below it - bearish. Of course, BTC has lost this 20-MA as support last month: Let’s unpack the insights in this chart one by one. Firstly: Loss of the 20MA as support precede deep downside. In 2014, losing the 20MA preceded a -63% correction to reach the generational bottom. In 2018, losing the 20 MA as support resulted in a -52% correction. In 2020, losing the 20MA as support preceded a -46% drop. Last month, BTC lost the 20MA as support and has dropped -38% thus far. History generally suggests that there is certainly scope for BTC to go much lower. That being said, one could also reason that these corrective periods are getting shallower over time (-63%>-52%>-46%>-38%). If BTC fails to hold the green area as support, we’ll see further downside. Secondly: It takes a long time for BTC to bottom after topping out In 2014, it took BTC almost 400 days to reach the generational bottom after topping out. In 2017, it took BTC one year (365days) to bottom out. In 2019, it took 274 days to bottom. Since November 2021, only 180 days have passed. Once again, one could easily argue that the time it takes for BTC to bottom after topping out is declining. In fact, one could reason that this time has been shortening by 100 days each time since 2017. But let’s assume for a moment that it could take a similar amount of time for BTC to bottom after topping out in November 2021, similar to the 2017 and 2019 periods: This would mean that BTC will bottom sometime later this year, either in August or in November 2022. Could it be that BTC is performing shallower corrections below the 20-month MA and that these corrections are shortening in time? This of course would be the best case scenario for BTC; any investor would like for a correction to be shallower and for it to be finished relatively quickly. Unfortunately for investors, the scenario of maximum pain tends to take place to flush “weak hands” out of the market. Which is why I feel like more downside could come and that this process could extend in time a little bit more. However - here is how I think about the problem… My Personal Buying Strategy Sign up to a 7-day trial to get full access to the Premium Newsletter including the Altcoin Deep-Dive TA session. Get Your Free Trial Like © 2022 Rekt Capital ... Unsubscribe
Like I usually would tell my friends, it's not possible to time the top or the bottom. DCA is the only way to lower your cost to a point that you'll easily go into profit in a short time after the market makes a sharp turn. This is why I'm accumulating some projects I consider good projects with great fundamentals like DIA, LINK, ZIL, etc.
I'm holding and buying. Invested some in VRA and VET today and I've been holding plus staking ADA for a while now. I have positions in FIL, LINK, ZIL, ETH, and SOL. My biggest is in BTC though. I didn't buy anywhere near the top for any of those but damn, it's been a tough 9 months for my longs. When I think about selling I look at a monthly chart and pull back a few years.
A few different ones. One was when I shorted WAVES when it had that insane run earlier this year. Once shorting ZIL. Worst one was when I longed BTC the night before the Ukraine news broke. Lesson learned is to take the small loss instead of riding something all the way to liquidation while praying for it to turn around. Don’t fight the trend.
I like ZIL. Projects sound good, but so many side projects happening on many chains makes it difficult to know where to go. I’ve been concentrating on MMF on the Cronos chain, I only bring this up because the doc mentions AGORA, this is also on MMF and very recently has been stopped due to some issues I’m not aware of.
ZIL I think is one on the way out. It’s been an old chain for a long time now and many others can do what it does and far better. I think they just used the buzz word “metaverse” to still keep relevant, but we all know the metaverse is a good 5+ years away and ZIL isn’t the one that’s gonna do it
The dip is actually an opportunity to take advantage of. I'm doing that on ETH, ZIL, THETA and FWT. The latter has big plans for their L1 chain and DeFi bank. I'm looking forward to the launch. This could translate to good price action once launched, who knows?
There's no better explanation than this. However, I'm looking at 2-3x your investment in 2 weeks. LOL. I think the reason people frown at buying the dips is that they are invested in a lot of projects. So, buying these dips will cost a lot. I'm only invested in about 5 projects rn, DIAdata, Chainlink, I got into ZIL recently, sold the top and am ready to accumulate all the way down. I'm also invested in 2 other gaming projects, and I also stake these tokens too for passive income.
As someone whos been through the bear markets before here my experience (and for what its worth, it doesn't really mean shit) Coins with utility and real life use and backed by million/billion dollar companies, price action slowing down to them is fine, because they can afford it. Ive been in crypto since 2013 and I much prefer alts, however during a bear market you have to be crazy to not be buying some BTC and ETH, because these will always recover. Now on to the Alts, to start it is always good to look at other alts that have been through a bear market before, survived it then pumped. If you want me to shill some coins which I believe are a godsend in this bear market this is what I would recommend. BTC ETH VRA AVAX ZIL QNT VXV XCAD (this is my best find since BTC, I am not kidding, bear market will not affect this when plug in goes live in max 2 months) IMO research any of these and you will find real utility and coins backed by massive established companies. This is what I am loading up on.
Sold so I could buy more at a lower price. Lucky to have not lost anything on initial investment after the big ZIL run before the crash, down 20% after waiting and trying to time it a lil, now just gonna wait another week or so before slowly setting buy orders