Which crypto investment have you tried out? - page 3.

Texac

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Quote from: _act_ on August 26, 2023, 04:58:28 AM

Quote from: Bitcoinpoly on August 26, 2023, 04:52:00 AM

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

It seems that he understands the risks of staking on centralized exchanges and he has taken the risk to achieve the amount of return he deems worth the risk he is taking. I am neither for nor against as long as he has done the research and is willing to take the risk of leaving his assets on those centralized platforms. it is the choice of each person. for me, if we want to make profit every day then we should learn about trading.
If it's a long-term investment, just hold it in a non-custodial wallet.

BitMaxz

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That's too risky to invest in cloud mining or flexible savings offers from exchanges like Binance. And about new tokens with 100% APR the price of that token could drop quickly so instead you making a profit it turns to a negative profit due huge price drop of that token.

I had bad experiences investing most of them were cloud mining All my investments never returned and most of them were scams except investing my money in hardware miners It made me profit before I stopped mining due to high electricity costs and profit drop.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: Bitcoinpoly on August 26, 2023, 05:27:09 AM

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.

Staking on noncustodial wallet are ponzi scheme? No.

You need to use a reliable source for your research. Also all that you have been reading are misleading. You can stake many altcoins on noncustodial wallet and you will be able to claim your reward daily. You can unstake your reward and your coins will be released for you the day it is included on the coin protocol that the staked coin would be released.

Sim_card

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Quote from: Bitcoinpoly on August 26, 2023, 05:27:09 AM

Quote from: _act_ on August 26, 2023, 04:58:28 AM

Quote from: Bitcoinpoly on August 26, 2023, 04:52:00 AM

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.

Like seriously,one can stake on a noncustodial ? Nah.. I can see that you are so carried away with the stake thing on CEx. You cant loss your bitcoin when it is in a noncustodial wallet which only you have the keys to. When you are greedy and looking for money where you don't want to work or invest on,you will end up losing what you gat. It isn't safe to keep your coins on a Centralized exchange,much more of staking your coins there. The possibility of you losing your coins is 50-50. I hope that this topic is about bitcoin and if it is not,I will advise you to move this thread to alternative cryptocurrency board. Invest wisely and don't be decieved with high APR.

Doan9269

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Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.

I don't know any other means each person may decided to go with their bitcoin investment but anything that has to do with the use of a centralized exchange for the achievement of this should be considered risk except they are just for a while, using DCA to accumulate your bitcoin is not a bad decision, i think holding your bitcoin alone over some years is a big time investment on itself, maybe using exchages could have more risk and danger together with using any centralized institutions who are into cryptocurrency investment.

WillyAp

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Trading in my eyes has little to do with crypto. The stock exchange should update and make trading in wheat bushels as easy as you can do copy trading.

Bitcoinpoly

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Quote from: blockman on August 26, 2023, 05:55:03 AM

Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.

I've also used flexible savings but it seems that it's not really that much. Plus, you don't hold the custody of your coins if it's on an exchange.

Which exchange have you tried flexible savings? Once you can get the right exchange that has a good reputation then you’re good to go, especially those ones with prove of fund reserve.

Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

Those are the risky ones and I'd avoid them because they're not really good tokens for you to put on that APR savings because they mostly are going to be down the soonest it adds liquidity.
Btw, this shouldn't be here but on Altcoin Discussion.
[/quote]

Actually once you do a good technical analysis on a token and you know the turn analysis you can do the APR provided the project is a good one.

blockman

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Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for.

I've also used flexible savings but it seems that it's not really that much. Plus, you don't hold the custody of your coins if it's on an exchange.

Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

Those are the risky ones and I'd avoid them because they're not really good tokens for you to put on that APR savings because they mostly are going to be down the soonest it adds liquidity.
Btw, this shouldn't be here but on Altcoin Discussion.

Bitcoinpoly

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Quote from: _act_ on August 26, 2023, 04:58:28 AM

Quote from: Bitcoinpoly on August 26, 2023, 04:52:00 AM

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.

_act_

legendary

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Lightning network is good with small amount of BTC

Quote from: Bitcoinpoly on August 26, 2023, 04:52:00 AM

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Fiatless

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Quote from: Bitcoinpoly on August 26, 2023, 04:34:07 AM

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings.

I have seen many centralized platforms that offer lucrative profits from investing in some of their investment packages. However, I have not tested any of these platforms because of some experience with these centralized platforms. Some relatives lost so much money they invested in these platforms. Currently, I am keeping my coins in a decentralized wallet because I want to have full control of my investments. My only option in crypto investment is Bitcoin due to its stability and good track record. Some altcoins are too risky to invest in and many are not reliable.

Bitcoinpoly

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Quote from: _act_ on August 26, 2023, 04:37:32 AM

You are saving coins on a centralized exchange, you are making a very big mistake.

Centralized exchanges means not your key not your coin, until the inconveniences are seen would be when you will know how dangerous it is to save coins on centralized exchanges.

I will prefer to hold bitcoin instead by sending it to my noncustodial wallet for me to have the 💯% control that i want.

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

You are saving coins on a centralized exchange, you are making a very big mistake.

Centralized exchanges means not your key not your coin, until the inconveniences are seen would be when you will know how dangerous it is to save coins on centralized exchanges.

I will prefer to hold bitcoin instead by sending it to my noncustodial wallet for me to have the 💯% control that i want.

Bitcoinpoly

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Activity: 238

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Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

Topic: Which crypto investment have you tried out? - page 3. (Read 472 times)