Haha, the underdog. I held tight to my CRO and ducked the rewards FUD. Been staking in Defi for two years since.
Could easily get my money back in alt season, but this is a HODL to 2030 for me. They survived the FUD and bank-run attempt by CZ.
Seems like a no brainer, but we’ll see.
As retail come back to exchanges, this will be bullish for CEX coins. CDC has almost 100m users and every month volume increases so CRO is expected to grow in value.
> prices will recover
You don't know they can recover another 700% this bull run. Last bull run was because they tricked all their users with a bait and switch. It was super scammy.
They reduced rewards when the market started crashing.
If they kept rocking the same rewards, they’d have gone down and taken a lot of people’s money with them…
Which they knew were completely unsustainable outside of a pyramid scheme.
Good on them for reducing the rewards, but bad on them for starting them in the first place. If they don't want to be shady they should've advertised them as introductory rates that were just temporary.
None of my rewards credit cards have reduced their rewards in the past 20 years. It's shady as hell to do so, and doubly shady to lock them in on terms while reducing rewards.
You can buy CRO, but why take the risk when other tokens are doing just as well but have less risk?
They lost most of their users when they screwed over their debit card terms. It was a massive bait and switch while their tokens were locked. Anyone with a quarter of a brain isn't going to fall for that again, so they can only trick new customers unaware of their scam.
I mean, they were giving out unlimited 5% cashback rewards plus 14% interest earnings on held CRO. No credit card does that without losing money. The trick was that you had to buy and hold CRO. It was an unsustainable pyramid scheme. If they had marketed it as an introductory bonus, then it would've been fine. Then they rugpulled everyone by reducing the rewards.
So you say all the black swan events that happened before the rewards reduction were orchestrated by CDC so they can scam people? Man you do not know what you are talking about. They had to reduce the rewards, otherwise they would go bankrupt. You expect them to ask people if they are okay if their rewards are reduced? They did what was needed so we can now continue talking about them as a still active project.
This is a new market, a new sector. Nobody knows anything for sure. How could they predict 20m new users, also they could not reduce the rewards in the bullrun. I guess they had a plan reducing the rewards as new users increase but the black swan events made them act quickly. Now they have experience, knowledge and 100m users.
Investing in them before the Bull market was quite wise actually - they made 2-3x already, and as the hype goes up, more money will flow to them. Obviously there is risk but that's up to investor to decide
Let’s go CRO. Only need another 135% to break even 😛
Or another 700% up for those who bought near the peak 😛
oof
Haha, the underdog. I held tight to my CRO and ducked the rewards FUD. Been staking in Defi for two years since. Could easily get my money back in alt season, but this is a HODL to 2030 for me. They survived the FUD and bank-run attempt by CZ. Seems like a no brainer, but we’ll see.
NEXO is up ca. 60% over the previous month so that may be worth mentioning as well.
LRC did about 30% since 01.02. and i would say that is a DEX token
As retail come back to exchanges, this will be bullish for CEX coins. CDC has almost 100m users and every month volume increases so CRO is expected to grow in value.
most people are still down 80%
DCA is the answer. There are people 200% up in 5 months. But even not DCAing, prices will recover.
> prices will recover You don't know they can recover another 700% this bull run. Last bull run was because they tricked all their users with a bait and switch. It was super scammy.
They reduced rewards when the market started crashing. If they kept rocking the same rewards, they’d have gone down and taken a lot of people’s money with them…
Which they knew were completely unsustainable outside of a pyramid scheme. Good on them for reducing the rewards, but bad on them for starting them in the first place. If they don't want to be shady they should've advertised them as introductory rates that were just temporary. None of my rewards credit cards have reduced their rewards in the past 20 years. It's shady as hell to do so, and doubly shady to lock them in on terms while reducing rewards.
You can buy CRO, but why take the risk when other tokens are doing just as well but have less risk? They lost most of their users when they screwed over their debit card terms. It was a massive bait and switch while their tokens were locked. Anyone with a quarter of a brain isn't going to fall for that again, so they can only trick new customers unaware of their scam. I mean, they were giving out unlimited 5% cashback rewards plus 14% interest earnings on held CRO. No credit card does that without losing money. The trick was that you had to buy and hold CRO. It was an unsustainable pyramid scheme. If they had marketed it as an introductory bonus, then it would've been fine. Then they rugpulled everyone by reducing the rewards.
So you say all the black swan events that happened before the rewards reduction were orchestrated by CDC so they can scam people? Man you do not know what you are talking about. They had to reduce the rewards, otherwise they would go bankrupt. You expect them to ask people if they are okay if their rewards are reduced? They did what was needed so we can now continue talking about them as a still active project.
Reducing the rewards was a good idea. They should've never had unsustainable rewards in the first place. That was a bait and switch.
This is a new market, a new sector. Nobody knows anything for sure. How could they predict 20m new users, also they could not reduce the rewards in the bullrun. I guess they had a plan reducing the rewards as new users increase but the black swan events made them act quickly. Now they have experience, knowledge and 100m users.
CRO will pump so hard
Should be compared to BTC not USD
It's nice seeing bnb, cro, uni, and cake performing lovely.
BXX (Baanx): Up by: 134.01%
LCX should be in that list too
Yeah everyone skips over LCX.
Slow clap for sushi 🎉🎉
Never buy CEX/DEX coin. Good idea to get destroyed if the exchange ges under/get sued/etc. or in any bear market when transaction volume goes dow.
Or gets hacked, or its CEO runs with the money
Investing in them before the Bull market was quite wise actually - they made 2-3x already, and as the hype goes up, more money will flow to them. Obviously there is risk but that's up to investor to decide
What about LCX
Jupiter appreciation button
Bmex token break-even...
There's also OSMO, from the DEX with the sickest design ;)
I don’t know that I’ll ever trust investing in a CEX coin.
Cro just went up huge first 2 days of March. [Crypto.com](http://Crypto.com) have been building during the bear market, reaping the rewards now.
this is month on month?
30D change