The four horseman
Hey all! I hope everyone is well during this sell off. While it can seem like the end of the world,it isn’t. So above all,be sure to take care of your mental state and walk away for a bit if ya need to. I wanted to talk a little bit about what assets I am holding. They are ETH, ADA, Matic and AMP. I decided not to invest in too many projects until my portfolio can grow. I’m a single dad of two boys with an expensive motorcycle hobby( I’ve been riding Harleys for 30 years so more than a hobby). So for me,capital is limited and I want to maximize my gains as much as possible by having my portfolio consolidated.
I just want to say first of all,that none of this should be considered financial advice. None of it. I’m just some dirtbag biker who likes crypto and a working shmuck like most of you. So sit back, get your tits jacked, and let’s get it on!
Ethereum
What can I say? One of the big boys of the crypto world. ETH was the very first crypto I purchased. While my ETH bag isn’t nearly as big as I would like it to be(who’s is?), it is steadily getting there. I am close to achieving my original goal of owning 1 ETH and soon it will be time to create a new one. Ethereum is basically the cornerstone of my portfolio. It’s my largest position and I must say I feel there is just so much potential still to be realized. Being as it was my first crypto and I didn’t know much about it, I ended up staking it on CB. Aside from the obvious drawback, or benefit of iit being locked until a future date,the other downside to staking it on CB is the APY. I originally got in at 6% and they have whittled that away to 4.5%. Not many people realize it but CB takes 25% of your staking rewards off the top before your eyes ever set sight upon it. Needless to say that once it unlocks, I will be transferring it over to Celcius or some other platform. Most likely Celcius though. I have previously wrote an article on Celcius that you can read by visiting this link https://www.publish0x.com/confessions-of-a-crypto-enthusiast/holding-for-the-long-term-why-not-put-your-crypto-to-work-wh-xznxndj
I will also post my referral link to Celcius at the end of this article if you read up and decide if it’s right for you. https://www.publish0x.com/confessions-of-a-crypto-enthusiast/what-s-in-your-wallet-xjogyqk, please use my code and we can both get $50 free of BTC
Ultimately on the next run up,I see ETH getting $12k-15k!!!
Cardano(ADA)
If you ever spent any time in a crypto forum on Reddit,you have most likely heard the joke that ADA is a stablecoin. Personally I feel that comment is from those that bought near the tops. However,it is anything but that. At the time of this story,ADA is up 224% in 1 year and 5,000% all time. That’s a pretty good return on the investment. I recently loaded up at the dip in the area of $1.07-1.20. Cardano has a lot of exciting things on the horizon. I’m expecting 2022 to be the year it shines. With Sundaeswap coming up and many others I feel like some interesting price action is going to occur. I’m looking for it to make a new ATH later this year in the $5 range. For my ADA, I keep it in a Yoroi wallet and stake it to the network. Yoroi is a native wallet and allows you to stake non custodial which means you keep your ADA and can access it anytime. I’m receiving a 4.63% APY and stake it to the BICEP pool. Gas fees are very cheap on the Cardano network so I can add to my stake relatively easy, and transactions are super quick. Last time I transferred from CB to my wallet it took about 1 minute to show up. If that
Polygon(Matic)
Matic!!!! This baby is one gem of a crypto. I happened to buy in when I first joined CB because I saw it pumping for several days on the top movers. At the time,it was $0.49! Even with the recent bloodbath, I am still well in profit! So many partnerships with Matic,it is really the shining star of L2s. Anything under $3 is a steal in my book as I see this setting It’s next top in the $8-10 range. I keep my Matic on Celcius where I currently receive a 9.10% APY for it. I’m quite happy keeping it there for some time until it’s time to lock in some gains and take them off the table. Of course being an ERC-20 token and gas fees being what they are on the DTH network, I only add once I have a considerable amount to send over. I definitely don’t want too many staking rewards to be eaten up just for transferring. Oh well,at least Celcius pays your gas fees when you withdraw
AMP
Many of you may never have heard of this token or what it does. That’s ok. AMP will actually be the subject of a future article to be coming very soon. AMP is the native token of the Flexa network. Flexa has invented a whole new system of payment rails,with much lower fees to the merchant than Visa or MC. Flexa is an asset agnostic company in the payment space. They are super big on meeting regulations and have been consistently obtaining licenses one state after the other. The goal is to be any asset,any merchant and any wallet. One of their more notable partnerships is with NCR. If that name sounds familiar, next time you’re in front of a POS system at the store(or bar lol), take a look and you’ll most likely see them. Developed in partnership with Consensys, Flexa’s AMP token is a severely undervalued coin with such great potential. At the time of this writing, AMP is currently selling for $0.03. It’s ATH came after it’s Coinbase listing at $0.124. The price slowly dropped after that like many alt coins. But due to the fact that Flexa is the first of its kind to fill the need in this space along with their proprietary tech and patents, I expect AMP to be the clear leader in the market. This is a token with truly disruptive qualities. Staking is available on Lightning,Gemini or the Flexa network. The APY depends on who you stake with and compounds every 15 mins. Their is so much to say about AMP but again, that’s for a future article! Ling term for AMP, I see at least $0.50-$1.00 for this token. That being said, considering the industry they wish to disrupt and the share of the industry they could take, I certainly feel this could reach up to $10 . That’s roughly a $100 billion market cap. But again,that’s not out of the realm of possibility.
That’s all, folks!!
I hope you enjoyed reading this article. This is now only my 7th article I have ever written lol. If you enjoyed reading this article, please feel free to hit the tip button and follow me. I write about everything from crypto in general, price action, and even personal experiences including my time in motorcycle clubs. Until next time, stay safe and don’t forget what’s important. And don’t let your meat loaf.
Here’s the link for Celcius
Join Celsius Network using my referral code 113068c979 when signing up and earn $50 in BTC with your first transfer of $400 or more! #UnbankYourself
https://celsiusnetwork.app.link/113068c979
Keep in mind that the amount you transfer does not need to maintain its value. It can depreciate but you must leave it there for 30 days for us both to get the BTC reward!
Thanks!