Crypto Banter
Crypto Banter

Crypto Banter

Random crypto banter on my side. Nothing in particular just thoughts and ideas.


The Problem with Free Small Amounts of Crypto

26 Aug 2021 3 minute read 1 comment Lukros76

I've joined into a lot of projects for the sake of possibly making some crypto gains from them that might grow over time or exchanging them into other projects that I believe will boom. In many cases I gave up cause either there was a necessary minim...

Be Cautious if you Plan on Buying Crypto Currently

23 Aug 2021 2 minute read 0 comments Lukros76

August has been quite fruitful in the crypto-space and it's visible all throughout the different tokens and coins.  We've had new and old tokens come into and come back to the top 100 or just among the top coins. Specifically Audius and Avalanche hav...

Luna Yield Rug Pull has nothing to do with Solana

21 Aug 2021 3 minute read 0 comments Lukros76

Most of you have probably seen that, 2 days ago, there was an assumed rug pull by a decentralized finance protocol on the Solana network, called Luna Yield. Their website and all their social media just went dark out of nowhere. Some jokingly say at...

A bit of Red to Cool Down the Market

18 Aug 2021 2 minute read 0 comments Lukros76

After the constant green we've been having recently the consolidation period has finally arrived, and we should all be happy about it, it's healthy for the market especially when most of the minuses are around the 1% to 10% range which is basically j...

The Fear & Greed Index starts to Rise

16 Aug 2021 3 minute read 1 comment Lukros76

Since the middle of May, right after the massive correction we had, the F&G index has been heavily leaning towards fear, as it was the best time to buy since people were selling everything they had expecting either a bear market or just an even bigge...

The 600$ Million Stolen in Crypto Hack has been returned... mostly

12 Aug 2021 2 minute read 2 comments Lukros76

You may have recently heard the news story that a hacker stole $600 Million in Ethereum, BNB and Tokens pegged to the US dollar from the Poly Network platform. It was quite the scoop on Tuesday as that amount of assets is nothing to scoff at and majo...

Do Not Underestimate Portfolio Diversification

10 Aug 2021 3 minute read 5 comments Lukros76

Diversification is a term people throw around all the time, in both crypto and stocks alike. And while some can deduce it's necessity automatically beforehand, others require more guidance so they can properly not-YOLO all their money away. I for one...

What the US Crypto Amendments and Regulations are Achieving

9 Aug 2021 2 minute read 0 comments Lukros76

The past 2 days, the only thing I've been reading about, basically everywhere, are these attempts at regulating crypto by different US senators, what they individually think and the proposals themselves. There is so much going around it's pretty hard...

Holding Tether(USDT) is a Very Bad Idea, Here's Why

7 Aug 2021 7 minute read 0 comments Lukros76

A thing I was very curious about when I was starting off with crypto was the use of stablecoins, as they just seemed like digital fiat. Over time I understood it more and more and saw it's usefulness especially when keeping fiat on exchanges as well...

Are Hot Wallets really that Unsafe? and are Cold Wallets really that Safe?

28 Jul 2021 2 minute read 1 comment Lukros76

There are a lot of myths going around for every choice you have for wallets, from Hot Wallets being easily hacked to Cold Wallets being unhackable... Way too many uninformed decisions are made when they might not have had to be. To start this off I'd...