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Staking

Pancake Swap TrendThe last month has been quite a ride for the easily accessible swaping and staking platform "PancakeSwap". Here we can see in a 4 day cycle they have had a steady increase of 78% up to a maximun 123%. Since the platform hasnt reach its full potential and if it keeps following this trend. It will pass by uniswap in the following month to come. Give it atleast 3 more cycles and we could see the price increase anywhere from $10 to $25. Since the platform burns excess coins by lotery and has an easy to understand platform. They also have pools with 100%+ APY with extremely low fees that help increase value. If your new to the crypto world, do not jump quickly into a swap. First dip your toes with simple exchanges and once you feel you have a firm understanding, concentrate your attention to platforms like PancakeSwap. BINANCE:CAKEBUSD
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by Lightests
2
Polkadot is Worth Taking a PositionPolkadot has proven itself as a serious contender crypto, moving up to just behind Ethereum to be the 3rd largest crypto (ignoring Tether and Ripple which IMO aren't real cryptos). It's had two huge moves up since December and is now in a sideways flat top consolidation. There's a good chance for a flat top breakout and another move up soon. Even though it's now the 3rd largest crypto it's still quite small at $15B market cap compared to Ethereum at $156B and Bitcoin at $636B. There's a lot of upside potential. It's certainly worth me putting a small position into the crypto to see where it goes. I bought Polkadot on Kraken which is an exchange that provides staking*. So while I'm waiting for the breakout, I simply selected my position to be "staked" and immediately I'm getting a 12% annual return (paid out in Polkadot twice a week). Try to find that sort of return at your bank or broker. Ethereum can also be staked but it's a functionality in development and has some restrictions. If you were unaware of staking, you should look beyond Bitcoin into some of the newer things happening in crypto today. I'm not an investment advisor and this is not investment advice. It's just a description of what I'm doing and my thoughts. ---- *Staking is using your crypto to help secure the Polkadot blockchain and validate transactions on the network. In return you get paid in Polkadot. It is related to bitcoin mining on bitcoin, but rather than requiring a lot of specialized mining computers and expertise, anyone can participate.
KRAKEN:DOTUSDLong
by MystryBox
1
$KAI- KardiaChain UNERVALUED - READY TO GO!Kai doesn't have much historical data to go off of. I've been in the crypto space since 2015. Many of these coins follow very similar patterns following their conception. KAI is no exception. Very strong team located in the Mecca for Crypto. Working hand in hand with the government to make a fully crypto city. Team stays focused and does not worry about price. Once this project gains attention, the limits are boundless. In my opinion this is the most undervalued cryptocurrency currently on the market. DO SOME RESEARCH.....look at their partnerships....look at their mergers, this team is legit. This coin is definitely part of the "risky" part of my portfolio, even though I feel that it is a very safe play and a year from now I feel I will be right. Not financial advice.
KLong
by Nutty_Trader
The sleeping giant awakes - XTZDear traders, Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. Analysis: Tezos went sideways for months, which gave MM's (Market Makers) enough time to stack up. Besides that I think Tezos has great fundamentals and I am very curious how this project will develop itself in the upcoming bull cycle. I have accumulated nice bags around 1 & 2 USDT. Conclusion: You are not too late to get in, however, I do not recommend waiting too long. Goodluck, Doctor Hugo
Long
by Doctorhugo3
6
FlamingoStill a new coin, started in September, so finding its base but not a lot of data. After the inital problems with wallet fails on the first day of staking, they appear to be on top of issues and running on time. Next item on the timeline is Vault Phase 3 - Stablecoin Issuance - 28th of Nov 2020 - No idea what this is, guessing they will be starting a new stable coin. Interesting project, lets see if they can add some fundmental value to FLM. Back to the charts - We have seen a parabolic fall from $4.50, transition into a gradual downward wedge. - Still weak - under all MAs - Downward pressure with staking coins as people continually sell as they are earned. - Have noticed a Bullish divergence that played out on the 17th for a 10% rise - Currently have a new one presenting. - Small bounce off bottom of wedge. - If it hits the top this is about a 5% move. - Volume seems to be dropping off, less sellers or interest? - Risky trade mainly because its very new. As always take the proper risk management.
by System791
3
Crypto UNIUSDT (This can be BIG)View on Crypto UNIUSDT (18 Sept 2020) The famous UNISwap just released it own token. It can be BIG. We do not have much TA data to analysis just yet. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
2