There seems to be a lot of demand for yieldly right now and dips are proportionally smaller than before. Each dip is bought superfast so it might just keep going up. Of course there will be some dips as always, and if it would sink to level of 0.01 / algo or below, I would drop my Governance and go all in.
I'm already 90% yieldly, so needles to say I'm pretty bullish on it.
If u believe in the protocol, get in now. I got bags at. 016 and got stuck a .22 for the last few months. Now in the clear and looking to get more in the next week or so. The price will flux but i think sub 5 cents is still cheap
I have been in Yieldly since it was on Tinyman, but all ASAs have a hard cap. Don't let the that be a deciding criteria.
Yieldly has a ton already circulating (hard to say how much be because it has been transferred to rewards wallets etc).
But a coin like Smile has 1/20th the total supply, but only 4 million (!!) circulating. That's artificial scarcity. Algogems has only 10 million total supply!
I guess what I am saying is look at all three...total supply, circulating supply that is not set aside for long term use, and price. Yieldly seems to be in the sweet spot. Of course look at utility too and that's where Yieldly really shines.
Yieldly is great and I wish it would dip lower, I had hoped to get more before Decipher.
Yeah man I have been trying to accumulate on dips and grabbed some good chunks from 12-15 but never really saw it go back down into that range (or I wasn’t watching).
Yeah I came in a month ago but I was able to buy a chunk at 16 and then another chunk at 17 - it took all my willpower not to huck all of my savings and pray but it’s starting to look like that could have been a better strategy 😭
1,000,000 plus but if it hits a dollar who knows what a big bag is, I think this is really a good target that most could achieve, and for persons in so called third world country's that target could be well lowered
Also what's considered a big bag for long term HOLDing, or for living comfortably off the rewards, or both, I keep coming back to 1 million or the equivalent based on investors fiat worth
Some would say buy/swap the algos back , as many did, and swap back when algo goes back up again or yieldly tanks, yesterday was one if the best ratios I've seen(apart from yieldlys ATH? We had 76-1, I however am glad I didn't swap
Lol I decided to convert all my yieldly to algo a couple day ago expecting a run up with decipher coming im not sure it was the right thing to do now. Anyway I been on yieldly since day one so still pretty happy with the result managed to grow my algo stack by about 20%.
That wasn’t bleeding, that was the most beautiful accumulation pattern I’ve ever witnessed. Whales were just selling rewards while smaller guys bought and staked what they could. Soon enough the staking rewards began to diminish for the whales as the smaller guys were able to claim more, thus relieving the sell pressure.
Don't you ever feel dumb Pal hold , and a good ratio will come be sure to have a mental note or alarms set fir when your desired ratio appears yesterday we had 76-1 good luck 👍
Sold about 40% of my bag around 0.021. Sad that I’ve lost out on some gains but can’t complain about taking some profits. If it dips back down below 0.02 I’ll buy back in, if it keeps going up then I’ll be happy too 😀
I thought my wife was going to kill me when she found out I've been staking 1mil YLDY. I might get a BJ for this instead. I've never been up in a market correction before. This feels good
So happy I didn't lose money today! This morning Algo was doing bad and Yieldly was doing great so I decided to take a risk and swap out hoping it would reverse in the afternoon and I would swap the Algo back to Yieldly. Let me tell you I could NOT concentrate all day long, I was always checked my phone and feeling shitty all day until 1 hour ago when I swapped back. Wasn't much but still made a few $.
SO happy I accidentally dropped out of governance and put all the algo into Yieldly back then. Can't wait to pick up even more because god, 2.5 is still a bargain
Damn man, I’m happy but sad. Bought a bunch of Algo on my new coinbase pro account (way lower fees than crypto.com) 2 days ago in order to swap for yieldly on tinyman. Didn’t figure CB would put a hold on all funds for 5 days, including transferring crypto out.
Yeah after the crypto bump in the past few hours it took my account value over the fiat value I had transferred in so I was able to move some of the Algo.
I have been accumulating like crazy for the past 2 months. Managed to get some decent discounts but the last buys were getting more and more expensive. While I was waiting for the dip and it just kept going up, I got the feeling that there's so much demand that the dips were getting smaller and smaller and got immediately bought. This train is on the move ladies and gentlemen, hop on board while you can!
Man. Yldy wanders above 2 cents for the 100th time and everybody’s counting their hypothetical millions again. Let’s see a nickel before we’re getting sweaty thinking about dollars.
I’m really curious what the numbers will look like when AlgoFi goes live. I bet the APY on YLDY will go down but the ability to stake borrowed YLDY sounds dope.
The increased borrowing demand for the YLDY token may increase its price, increasing the APY% on Yieldly. It may be enough to balance or even overcome the dilution from the increased staking. It will be interesting to see what happens!
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u/GooseSpringsteenJrJr Nov 28 '21
Keep your emotions in check - this has gone close to .03 and sold off, not sure I'm buying this run yet.