RE: $50k fund!! Where do I invest?
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Although I have a Crypto.com creditcard (the Ruby one), I have never used it so far as I don't live in a Euro country (next year I will, so holding on to it haha). Besides the CRO staking, I've not used it for any other purposes so far. I can't lock up these big amounts you mention above anyway yet, but it's quite nice to see how much interest you'd get once you get to a point of locking up a 50K amount :) Good to know for the future!
Once I start using the card after moving from here, I will probably start using the app more and discover its possibilities. Until then, most-likely it will stay unused. But I loved seeing the CRO price go boom last week!
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Congratz on the profit.
Yah, so far I have been using quite actively due to the 3% cashback and 100% rebate of spotify and netflix.
And I love the earn function. Have a jade card, I can earn 2% more than ruby card which is 12%. At the current low interest rate in my country which is only about 1-2%, 12% for a stablecoin is quite tempting for me. And some more the weekly usdt payout, sometime i use it to top up my card to pay for my monthly house water+elec+gas bills.
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Thanks :) I honestly didn't expect the price to go up this much anymore. But that's probably because it's one of these projects that I'm disconnected with as I can't use the card now. That will change somewhere in the next year, I'm sure.
For me to get the Jade card, I'd have to add the amount CRO needed (minus 1000 CRO staked) so that's quite the expensive path. I'd probably choose to start locking up tokens first and earn from it weekly, later use that in a dip to buy more.
But it must feel good to be able to pay these bills from interest. I still can get super happy seeing "magical internet money" being printed just by staking it/ or providing liquidity.
For several years, I've had to cash out constantly as real life didn't provide enough fiat, which sucked because if I could have invested these earnings, I'd be rich now. Such is life though, it brought me many good things as well, and it has been one of the greatest (and most interesting) learning paths in my life. Finally doing better now, making better decisions. In a year from now, I believe there will be life-changing money here.
well that is what a lot of people say too. Most important is how to move forward. it is never too late, a lot of people are still not into crypto and more better projects will appear too.
Actually it is nothing magical too, banks and money exchangers have been doing exactly the same things, just that now instead of letting them do the earning, the earning has been shift to the provider.
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Yes, all true. And I just like to call it magical internet money, because it can feel so great when you see it being printed :)