Finding peace in the rekt-age

10. Mai 2022

Pretty simple graph. I have been looking through my crypto hodlings trying to see which ones may survive the upcoming bear winter. It basically comes down to who is holding up against BTC since everything usd related is getting smoked. Nexo has a nice graph with a bounce of the 100 week. My only real fear is Nexo adjusting its APY rates in the light of the bear market. I'm sure they have watched their closest rival Cronos take a dump after reducing rates. You could say that Nexo has a lot of soul searching to do in the next few months. Keep offering rates that may make the company unprofitable or slash rates and tank the native token price. At the moment nexo is holding against BTC so i may lock my nexo in for another 12 months when my old term unlocks. Any thoughts are welcome on nexo or cronos since i hold both and i am really stuck on what to do next. As always this is not financial advise, so its not.

16. Nov. 2022

Anmerkung

BIg trouble in little CEX world at the moment with the fall of FTX. All eyes are on the other CEX teams, see who has been playing fast and loose with customer funds.

15. Jan. 2023

Anmerkung

NEXO still holding its own against BTC. If it can fade any drama it will be in a strong position for the next bull market.

5. Feb. 2023

Anmerkung

Nexo looking like it might be the only CEX lending platform to survive this bear market. Have a feeling that if defaults begin in the payday loan market in europe we might see Nexo go busto.

17. Mai 2023

Anmerkung

Thinking about getting back into NEXO again for the following reasons:
-Survived the CEX wipeout of the bear market
-Seems professional
-Price bleeding slightly against BTC but holding well
-General public still cant figure out DEFi
-Still offers good returns on NEXO token as well as other crypto
-Lending service which will attract the degens of 2025 run

Note to self: just remember to sell next bull run