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/biz/ - Business & Finance


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30435237 No.30435237 [Reply] [Original]

Both methods apparently can earn me staking rewards, but I'm trying to weigh the pro and cons and figure out which one is more profitable

pro arguments for ALGO wallet:
>coins not kept on slimy chink exchange
>based on my crude math, the compounding and annual return is much higher so more $

pro arguments for keeping on binance
>more liquid so i can swing trade when price is volatile (i have no other income right now so I swing to build my stack)
>don't have to pay fees (albeit small ones) moving ALGO around to get extra compounding gains

am i retard?

>> No.30435369

Algorand is a failed project just get rid of it and buy things that actually move in price unless you want to move to the Marshall Islands

>> No.30435503

>>30435237
Move your algos.

The more you and everyone else take from the exchanges the more the price rises.

>> No.30435559

>>30435237
I’d put it into a wallet

>> No.30435691

>>30435369
This. Everyone should get out of ALGO right now, its gonna crash tomorrow

>> No.30435779

>>30435369
>>30435691
Care to explain your reasoning? Not trying to be a smartass.

>>30435503
I'm still trying to accumulate more so I'm not in a rush to have the price moon just yet.

>> No.30435966

>>30435779
>Care to explain your reasoning? Not trying to be a smartass.
do the opposite of what /biz/ says, those anons are spreading fud so they can acoomulate

>> No.30436052

>>30435369
Which coins I should buy instead anon? I'm done with this tranny inflating meme coin.

>> No.30436090

>>30435966
no I am being serious Algorand is a problem posing as a solution. The tech is shit and their entire Algo Dynamics page is a sick joke for anyone trying to make money off this garbage. No one uses Algorand for anything and don't say stablecoins or Marshall Islands that's fucking nothing.

>> No.30436157

>>30436090
Which coins have better tech, and are used more, that still have like 5-10x potential to shoot?

>> No.30436161

>>30436052
I would say just buy whatever makes sense for you I thought Tezos and Algorand made sense to buy but I have learned they are just odd ETH wannabes that no one uses or gives a fuck about.

>> No.30436469

>>30435966
Honestly I figured as much

>> No.30436759

>>30436161
you can't move eth without being charged a small furtune.
>>30436469
yes yes sell so I can buy it.

>> No.30436849

>>30435237
>official algowallet

>> No.30436853

Think PAYPAL
Think MARSHAL ISLANDS
Think MIT
Why Silvio?
Why TURING AWARD?
Think Nobel Peace Prize
3/8/2021
Why THE JEWS?
Why you're still a wagie cuck?
Think Retarded
Think Tranny
CIA?
Stablecoins?
Dicks on Chicks?
Think BIPOC
Why is OP still a faggot?
Trust the plan, WWG1WGA

>> No.30437118

>>30436853
Algo anon really needs to takeoff before we test a new ath

>> No.30437158
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30437158

>>30436853
PEE PEE?
Poopoo caca.
Aruba? Jamaica.
oh I want to take ya .
Bermuda, Bahama, come on pretty mama
Key Largo, Montego, baby why don't we go, Jamaica.
Matter of fact.
Let's go to the Marshall Islands.
Trivago?
Pic related.

>> No.30437237

>>30436849
well whatever you call it. the 'official' one
https://www.algorand.com/wallet

>> No.30437345

>>30437237
ah, i wasn't saying it as a bad
was just being lazy
wallet is better, 7.5% vs 6% lil more secure
seconds to move from coinbase to wallet

>> No.30437378
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30437378

>>30436090
>He doesn't know planetwatch
ngmi

>> No.30437386

>>30436157
Ada. One. Or Zil

>> No.30437482

>>30437345
no worries fren. thanks for the recommendation
we're all gonna make it (somehow)

>> No.30437618

>>30437378
>Planet watch
More like cuckwatch

>> No.30437706

>>30437378
you want to pay 200 or 300 dollars for a monitor that earns you 60 bucks a year tops? go right ahead Brainiac

>> No.30437887
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30437887

>>30437706
It's not even on an exchange yet you fucking retard

>> No.30438051

>>30437887
>thinking normies give a fuck about the environment
you'll never be a real woman.

>> No.30438135

>>30437887
Actually I am being extremely generous saying you would make even 60 bucks a year on the sensor.

4 and a half billion supply of Planets that you earn at a rate of .06 every two minutes if you have the sensor running constantly which requires an android device and wifi running all the time plus you don't get any if there are any technical problems on their end.

>> No.30439325
File: 231 KB, 1024x602, Ev0L4A7WgAY8lsB.jpg [View same] [iqdb] [saucenao] [google]
30439325

Apparently, huge news for ALGO tomorrow.

Put your ALGO into a wallet.