RE: Know Where to Stake Your Crypto to Get the Best Passive Rewards
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that's cool, i'll have to check it out... i have some CRO and CEL but i'm concerned the price may crash after the staking incentives end. what's your take? ty
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Well, you may be right but I don't see that coming soon. Although CRO & CEL are on their ATH levels these days but considering the aggressive marketing, I see Crypto.com Exchange evolving into the next big Crypto-Exchange, that will give a good competition to the biggies. So it will keep adding new coins to its platform and generating new interest towards its Syndicate discounts. This should at least maintain CRO prices at current levels. CRO may also see new use cases over time. (All these are my personal fantasies 😜).
Regarding CEL, I don't know much but there is qute a competition in De-Fi & Ce-Fi space these days. However, this field has an immense potential yet to be tapped, so everyone has a huge potential to grow in the short to mid term.
Personally, I'll exit from CRO in the month end, if prices are good ;)
I'm confused, i thought you were touting CRO, but you will leave? Well they are certainly holding up well this week (both CEL & CRO). I added some LINK and BAT today. peace
Well, I've different reasons for it. I don't have anough funds to stake CRO and also participate in Syndicate discount events. I saw Cardano was over-subscribed by over 58 times. So I anticipated Bitcoin event at the month end will be over-subscribed even more. Therefore, I don't expect much by investing $200 CRO to buy BTC. Therefore, I'll rather sell it a little before the event to reap the best I can.
But nothing bad in staking it. (However, MCO seems to be on a free fall perhaps because of Wirecard's missing 2.1 billion dollars).
Wirecard? thanks, i'll check it out, yeah i did stake some mco, which hasn't been good the last week, but we'll see. CEL has been strong up until a dip the past hour.
take care.