edutradinguru

CRO - FOR THE CARD AND THE -50% PRICE ON CRYPTOS

Long
HUOBI:CROUSDT   None
Hello,

from now on, due to the announced swap between MCO and CRO, that makes the latter the only coin of the cryptocom space, all that was said about the MCOCARD in the linked idea will apply to CRO.

For a moment, yesterday, the necessary stake to be "deposited" to cryptocom was 5000 CRO (800$ at current prices!) in order to get the card. Today, they revised the thresholds and set it to 1000 (160$), which is similar to the previous level of 50MCOs (180$). But it gives an idea about how valuable the service provided by the ecosystem and card is and will be valued in the future. This amount will probably rise again soon, and at that point it will be too late to join.

So, if you, like me, think that holding the card is a great idea see my status for additional info.

It is true that CRO is at the ATH levels, differently from where MCO was, but it is also true that CRO is used, or better staked, for syndicates (auctions in which the new listed coins in the exchange are offered at 50% off). This means nobody is goin to sell them for 6 months at least. And investors do not care if it is BTC or the last SHI*COIN on planet, a 50% off is a 50% off no matter what. So the staking trend will continue. Also, this coin is not a coin you use for trading as . It does not have "futures" also, meaning that it is not possible to short it. I honestly do not have ideas for target up, but the trend is up for sure for many months to come, so the sooner the stake for the card, the cheaper.

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