/biz/ - Business & Finance

>>21053207
if there's nothing better you want to do with your link in that time you may as well

>should I risk getting goxxed for something that I could do using decentralized services and get higher returns?
Fuck off crypto.com shill

>>21053207
I do this with a smaller amount. The only downside is the fact that you can"t control your assets for 3 months.
75 link will probably earn you about $3000, at the end of the earning period.

>>21053269
Please I'm not a shill, I have been looking at this for ages, but what you are saying is what worries me.
>>21053272
I was thinking maybe I should stick with a smaller amount, but 5000-7000 link would give a nice return and make it worth it. But I worry about leaving some much on there.

>>21053207
>>21053320
LOl just keep grinding newbie you can make much more on link in thrustless and noncustodial way with no fucking locking up crypto.com is normie scampot

>>21053207
Hold with only 30 lockdown periods on hotbit, they have up to 12% return on LINK.

idk what the ref does for this site but here it is if you want to use.
ref=347238

>>21053754
best alternative would be margin trading, leveraging the LINK in your account that way. I use my BTC for margin on coinbase pro, maybe binance lets you use LINK?

>>21053754
30 day I mean

>>21053269
what other decentralized services are you referring to?

>>21053207
SPlit it up. Do one staking contract for 30 days, and another for 90 days to see how you like it.

>>21053207
That team's been lying non-stop since its inception, that's all.

>>21054804
they said 3 years ago that there won't be a swap between mco and cro. what other lie have they said?

>>21053207
Wouldn't keep anything other than the minimum amount needed for staking and a couple of hundred bucks for spending with the card. They could just pull the plug on the whole thing any time, look at ensogo, it's the same shady team.

>>21053207
I’m staking my 15k link there, earning 17link a week, pretty comfy!

If you are looking to get some interest look into celcius, if you are going for a centralised service. A lot more transparent and no bullshit scammy lock up period. Don't know if they offer LINK though.

>>21053898
Check out yfi vaults

>>21053207
Another option is to put your LINK up as collateral in Aave, borrow a stablecoin and do some yield farming. I have 5k LINK in crypto.com and I kinda regret it since yield farming makes a lot more money. It's a bit more complicated though, so make sure you really know what you are doing.

>>21055165
kek celsius is literally full of scammers with an ex pornstar ""CTO""

>>21053207
Its a ponzi scheme anon.

>>21053207
Scam, they don't give you access to the private keys on the wallet holding your deposited link. Avoid it like the plague. AAVE and similar are the only places you should even consider doing thin kind of thing. I have 20k up and I'm worried enough. I'd go crazy putting that much in the hands of Mt.gox v.2.1. You saw the shit they pulled with mco/cro. If they'll scam with their own shitcoins what makes you think they won't do the same with link? Not your keys not your coin.

>>21055258
>Scam, they don't give you access to the private keys on the wallet holding your deposited link
what. how are they supposed to give you interest on your deposited crypto if they can't loan it out, retard

>>21055280
Somehow many others have found a way to do this, yet they insist on keeping total control over the assets while giving nothing in return. But alright, I changed my mind. Crusty cum in great. Don't be a pussy like op and just put 5k up. Put your whole stack. Seriously, what's the worst that could happen? You got balls or not? Fuck aave, holding your own keys is nerd shit. What the hell even is a smart contract anyway??

I've been staking my ETH stack there for 6 months and all good. Withdrew some euros and some ETH recently with no issues.

>>21055361
i mean, i wouldn't store any significant amount of my networth at a centralized entity, be it crypto.com or deutsche bank. but i don't think not giving access to funds you're receiving interest on is shady. if you go though the trouble of going directly to exchanges and loaning it out directly to short sellers they won't give you access either (for obvious reasons) but they're also obviously not scamming you.

>>21053898
HEX

>>21055467
i have a lot of btc, and just couldn't apply for hex. feel such a strong antipathy toward the entire being of the ceo that i don't want to have ANYTHING to do with that guy or support him in any way. it's really weird, but i just can't do it.

>>21055179
Please tell me more about this anon?

>>21055534
nothing wrong about trusting your gut on that. HEX has way too many red flags