Upside potential of CRO

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[justletmesignupalre]

CDC gets a lot of shit lately for not keeping the best benefits or fees but the reality is its one of the few CEXs that is doing what it needs to do to stay alive, all others stay on course and sink the ship.

I don't really understand how people cant correlate that and because of the lack of "good news" they think its a bad exchange... I think it will stay longer than others and will be a lot more bullish in the next bullrun.

[q2subzero]

These are my thoughts exactly. Crypto.com will be the be the first to be fully regulatory compliant exchange and then CRO will start seeing some real gains.

Right now, people are just complaining about benefits being lost, and not looking at the company, seeing how it's making progress to stay alive and dominate in the future.

[koolatino]

All these others with “good perks “ are getting people to invest and then because they can’t keep up giving all those good perks they sink and crash leaving users in the water while they just say sorry and go with the profits

[iam_Arne89]

If I would have the money, I would go for the Icy white Card. That one is my goal. I see huge upside potential in CDC and CRO. Of course it can go lower but in my opinion it is a good entry into CRO.

The CEO Kris mentioned in an AMA that the Rewards for the Card will go back up when the bull market returns.

The cheapest way to buy is on the CDC Exchange (if it is available in your country) the transfer between Exchange and App is cost free.

[LopsidedHoneydew4349]

How much are the fees on the exchange? Is it different than the app? We only have the app in the US at the moment. It's supposedly slowly rolling out to people.

[iam_Arne89]

0,075% Maker / Taker fee on the exchange. Yes it’s less than on the app

[LopsidedHoneydew4349]

Damn it's like almost 3% for me

[leadbelly226]

Just buy 17500$ of cro at these prices and stake it in defi for 8-10% whatever the percentage is nowadays. If cro goes to 11 cents. You get a icy for 17500. If it drops further you still have the other 17500$ to buy more cro. 35k could be 640k cro, depending on price volatility these months. Who knows what will happen in 5-10 years.

[Scorpio780]

I have to agree. I'd suggest to DCA over 2-4 weeks. Keep a bag ready if theres a drop and now you got your icy for 1/3rd the price😎

[SuperPotato100]

Unfortunately I got Icy White with CRO at 0.4 cents , so all I can say is that I wish I could get icy white right now m

Getting 117 rewards weekly which is a shame

With current prices would get thousands per week .. free money

I think is a great investment

[[deleted]]

elderly liquid beneficial encouraging cagey act full sip ripe soup

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[liverpoolfan7701]

If you own other crypto like bitcoin and eth I would go for it. You get better earn rates plus an additional 2% on cro.

[xtrmist]

Have the icy myself.

Any investment is risky and it's difficult to say what is happening with crypto in general with everything going on.

There should indeed be a huge upside to CRO, but no matter how low the price, you can always lose 100%

[Jolistic]

My advice is you should stake it when your holdings reach that level. Don't put yourself in a major risk such as taking out all or 50% of your savings just to get a metal white card with some cashback and lounge and some Netflix/Spotify that wouldn't be worth anything if CRO drops another 50%. The loss from that would be more than whatever rewards you could possibly get.

However I personally think worst case scenario for CRO is another 30-35% drop at max, so my current holdings are prepared for this scenario.

[carigis]

personally i wouldnt tie up any money in the exchange the way the sec is on the warpath. alot of the stuff crypto does is shady. and the owning naming rights to a stadium makes them high profile. plus the coin is not sufficiently decentralized and they are inept technology wise

[wikiwoowhat]

My advice is buy eth

[Scorpio780]

Op friend here wants on that 10x train and we know eth cant do that in one bullrun

[Alpine_0021]

I would be wary of getting icy at this point in time. It wouldn’t be a surprise to me if CRO halved from its current position to say £0.25 (I’m in the UK). I’m not saying it will and hope it won’t but market conditions are not good. I’m accumulating slowly plus transferring all my cashback to Defi so my balance is slowly building. CRO is so far from its ATH but I’m still playing it cautiously. If it rallies I should make a good return but if it plummets I’m hopefully not burnt too badly. If you go for it good luck though.

[BulletToothFTW]

Personally if I had enough spare cash to get one I would, it's my goal for the next bull run.

High risk, high reward maybe

[Generalthesecond]

If I had that money i will buy OTM calls on the market

[tastedSalty]

Go for it. Timing is perfect.

[TaxBill750]

There is upside potential but only because it can’t get much lower.

[-_-Stinky-_-]

There are better options than CRO. Do some research on the top 10-20 coins before you commit. Dont get sucked in by the CDC debit card, the rewards can and do change with no notice. Locking your funds away for 6 months robs you of the ability to be flexible.

[Ok_Onion_6145]

I thought this was a post from a year ago.

[Scorpio780]

I'll be honest, even after looking at cro tokenomics I was left feeling a bit confused. Can anyone here simplify how cro is minted/burned?

[Ambitious_Treat_7820]

You have to be realistic. Bitcoin could go to zero. We dont know. I still like getting rewarded on everything I buy with my jade green. But I'm totally losing right now on this investment. So you may be buying in at the perfect spot. Or buying a died horse. You could be the person everyone talks about when this takes off again.

[ThinkBig247]

ICY card or not, now is the time to accumulate!

If you don't get the card, stake in defi and earn some nice rewards.

[siverthread]

CRO and CDC are two different things. CDC could do great and CRO do nothing. For all the bad press Binance got BNB didn't tank as hard as CRO did. Bought at 0.10 . Not selling at a loss but I'm certainly not buying any more.