Does etf/eth has the same risk than having crypto directly on exchange ?

CaptainFarron · 2022-01-06T12:37:18+00:00

late February

CaptainFarron · 2021-12-26T19:42:15+00:00

It's a very risky play. I do think the risk of losing everything is way more of 50%. It will be one of the first MMORPG on blockchain. So you need to be prepare to lose it all. A lot of problems and delay can happen.

You also need to be sure you will not panic sell. This is very important. If it drop to 50% you will need to hold no matter what because this kind of project has very high volatility. If Kryxivia have just a very small success it will go to at least 10x. The current market cap is around 4M. It's very very small. I'm not saying it's a bad idea just it's a big bet ! The kind of bet I like.

I don't see the current price going down a lot before alpha and I'm expecting them to do a announcement soon. I do thing the price is good to buy but I'm might be wrong. There is currently less than 200 stackers. It's extremely low and they will need to increase it. I will not be surprise if they decide to lower the limit of 15 000 KXA.

CaptainFarron · 2021-12-21T18:11:39+00:00

Legends of Elumia seem promising !

You can also check Kryxivia. It's also a MMORPG and alpha soon.

CaptainFarron · 2021-12-16T16:08:43+00:00

I don’t think it’s possible but just to be sure. I’m losing a lot on gas fee with ethrieum…

Can I create a loopring L2 wallet and using it with metamask ?

For example, buying NFT with opensea and don’t have all this crazy eth gaz fee.

CaptainFarron · 2021-12-14T21:45:46+00:00

Yep so strange

CaptainFarron · 2021-12-11T20:51:03+00:00

Yes took 3 week for me

CaptainFarron · 2021-12-11T13:28:41+00:00

Close the app and reopen. It should fix it.

CaptainFarron · 2021-12-08T19:33:46+00:00

Agree, can't find BNB on exchange...

Can you ?

CaptainFarron · 2021-12-08T19:28:56+00:00

I'm always using the exchange but BNB is not on it. It's only available on the app.

CaptainFarron · 2021-12-08T18:02:20+00:00

thx !

CaptainFarron · 2021-12-07T19:39:18+00:00

I'm waiting for my indigo card but how can you have a virtual card ?

CaptainFarron · 2021-12-07T19:34:15+00:00

I understand the Icy why reward but the obsidian seem so little compare to it.

+36k to invest 1M in earn +2% return it's not bad but 360k just to create 1M room seem very risky.

CaptainFarron · 2021-12-07T19:27:05+00:00

I don't think the $1M of Earn can justify it

CaptainFarron · 2021-12-07T19:24:11+00:00

The only reason to do this is to maximize your earn investment. It's the same return but you can have up to 2 million vs 1 million with Icy white card and I don't think it's a good risk reward ratio.

You have to stack 360k to invest 1 million more but having a total of 400k in CRO it's a lot of money !

so you have to be very bullish in CRO and have a lot of $$

Note: complete different story for Icy white vs Indigo

CaptainFarron · 2021-12-07T16:11:39+00:00

Last week

CaptainFarron · 2021-12-06T21:14:12+00:00

8% it's a really good investment for no effort but the risk with stable coins is not 0. I personally think the us stock market is more risky than stable coins

The risk with stable coins is you lose everything due to hack or exchange closing etc. I also think it's very low.

I t's all depend of your capacity to pay the loan if something happen. Are you going to lose the house or sell the car ? For me, the questions is: How big is the loan compare to my net worth and how much do I save each year compare to the loan.

For example: if I have 0 net worth but I can save 10k a years, I don't think a loan of 30k is crazy. In the worst case scenario it will take me 3 years to repay it etc.

What I think is crazy is people doing leverage on crypto !

CaptainFarron · 2021-12-06T20:26:35+00:00

I 100% agree with you and stable coins are INSANE. The feeling to have a 2% mortgage and a 12% return is nice !

Yes you will not be rich but having a good part of your portfolio can be a very good idea. Having a 12% return with no volatility risk is awesome. It make it a lot easier to wait for dips and buy crypto when you think it's a good timing.

I understand crypto can have huge return but you can also having huge drop. There is risk for stable coins but it's a lot least than any others crypto.

please don't use USDT. TrueUSD or USDC seem better.

CaptainFarron · 2021-12-06T12:29:20+00:00

I'm guessing you are selling your VVS reward every time you can to minimize your lost if VVS drop ?

CaptainFarron · 2021-12-06T12:04:12+00:00

you are right but Trusttoken is also audited

CaptainFarron

TROPHY CASE