Row 37830

Row ID: 37830 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 37830 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Looking at your post history shows you had some CRO before your post that you traded your BTC, so you may have some 634k CRO now, you had about 120k to start. Meaning you added maybe just over 500k CRO in your trade. So with that in mind let's look at some figures below using the prices on April 21st, which may not meet your actual buy price but based on quantity seems close enough.

April 21st (one month ago) BTC was about $66k. Now it's ~$71k. So you'd be up ~$5k in USD terms.

April 21st (one month ago) CRO was about $0.1314. and with $66k USD you could have purchased about 502,283 CRO. The current price of CRO is about $0.1252. meaning your stash is just under about $63k. Meaning... You are down nearly $8k in USD terms ($3k from the drop in CRO value and $5k from the exchange differential between CRO and BTC). Note, I am not including your previous stash, just what you acquired with the BTC you possessed, which is the only true way to measure this trade by, unless you get higher APY the more you pick up, which is some Richard Heart/HEX level red flag.

20% APY on 502k(not including the CRO you already had) is about 100k CRO per year, at current CRO price that is ~$12,500 USD. One month in you would have received about 8,400 CRO in staking rewards, or ~$1,050 USD.

So you started with ~$66k and are maybe at ~$64k, instead of being at $71k.

So if I am doing my logic right you are down about $7k USD so far on that trade. Just estimating based on prices one month ago, not sure your actual buy price.

Let's say you are getting $500 USD a week as you mentioned, one month in you'd have received $2,000 USD. You'd still be down compared to just holding BTC. Not convinced this is true since you said 20% APY, but that could just be differences in the amount you have vs the price I used in my calculations or you are maybe including rewards from the stash of CRO you added to, which wouldnt be an apples to apples measurement.

Either way share the price/quantity details if you are looking to defend your position/trade and I'll give you an "atta boy" and be impressed if it worked for you. 11 months is an eternity in crypto time either way. Far too early to call it one way or the other, top level exchanges and coins have gone from peaks to insolvency in under a month.

Remindme! 11 months

FieldValue
text Looking at your post history shows you had some CRO before your post that you traded your BTC, so you may have some 634k CRO now, you had about 120k to start. Meaning you added maybe just over 500k CRO in your trade. So with that in mind let's look at some figures below using the prices on April 21st, which may not meet your actual buy price but based on quantity seems close enough. April 21st (one month ago) BTC was about $66k. Now it's ~$71k. So you'd be up ~$5k in USD terms. April 21st (one…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-21
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url_encoded Z0FBQUFBQm5Lak9aRzlKSmZMREFyZ3RkMXBNVVB1NWVGN3dycjY5WlVoa3hla1JfazJGRkJGS0J0ang2djN2N1BRZTBfZ0lDYk1iWk5TdzR1a3UzQU85TzJsZEpUZFJDTWdya2pZNzVyNUI5WkpteUxKQXJ2a3BBdVU2bGJib3pTTWJ6el9ybERPT2Y2aGc3N05fTGRuX285YmNqZDY5NDZQWTQ0OFdEcTNFRGMzeW00dWtTaUF3VDNuYnZpXzc4UlZWUzVrRV9XV2pTdi01VDh2azR1ZUJRY2pST2d6NGlIQT09

Raw Record

{
  "text": "Looking at your post history shows you had some CRO before your post that you traded your BTC, so you may have some 634k CRO now, you had about 120k to start. Meaning you added maybe just over 500k CRO in your trade. So with that in mind let's look at some figures below using the prices on April 21st, which may not meet your actual buy price but based on quantity seems close enough.\n\nApril 21st (one month ago) BTC was about $66k. Now it's ~$71k. So you'd be up ~$5k in USD terms.\n\nApril 21st (one month ago) CRO was about $0.1314. and with $66k USD you could have purchased about 502,283 CRO. The current price of CRO is about $0.1252. meaning your stash is just under about $63k. Meaning... You are down nearly $8k in USD terms ($3k from the drop in CRO value and $5k from the exchange differential between CRO and BTC). Note, I am not including your previous stash, just what you acquired with the BTC you possessed, which is the only true way to measure this trade by, unless you get higher APY the more you pick up, which is some Richard Heart/HEX level red flag.\n\n20% APY on 502k(not including the CRO you already had) is about 100k CRO per year, at current CRO price that is ~$12,500 USD. One month in you would have received about 8,400 CRO in staking rewards, or ~$1,050 USD.\n\nSo you started with ~$66k and are maybe at ~$64k, instead of being at $71k.\n\nSo if I am doing my logic right you are down about $7k USD so far on that trade. Just estimating based on prices one month ago, not sure your actual buy price.\n\nLet's say you are getting $500 USD a week as you mentioned, one month in you'd have received $2,000 USD. You'd still be down compared to just holding BTC. Not convinced this is true since you said 20% APY, but that could just be differences in the amount you have vs the price I used in my calculations or you are maybe including rewards from the stash of CRO you added to, which wouldnt be an apples to apples measurement.\n\nEither way share the price/quantity details if you are looking to defend your position/trade and I'll give you an \"atta boy\" and be impressed if it worked for you. 11 months is an eternity in crypto time either way. Far too early to call it one way or the other, top level exchanges and coins have gone from peaks to insolvency in under a month.\n\nRemindme! 11 months",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-21",
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  "url_encoded": "Z0FBQUFBQm5Lak9aRzlKSmZMREFyZ3RkMXBNVVB1NWVGN3dycjY5WlVoa3hla1JfazJGRkJGS0J0ang2djN2N1BRZTBfZ0lDYk1iWk5TdzR1a3UzQU85TzJsZEpUZFJDTWdya2pZNzVyNUI5WkpteUxKQXJ2a3BBdVU2bGJib3pTTWJ6el9ybERPT2Y2aGc3N05fTGRuX285YmNqZDY5NDZQWTQ0OFdEcTNFRGMzeW00dWtTaUF3VDNuYnZpXzc4UlZWUzVrRV9XV2pTdi01VDh2azR1ZUJRY2pST2d6NGlIQT09"
}
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