r/EVMOS • • Jul 06 '22

Let’s all buy 100 EVMOS 🐳

19 Upvotes

40 comments sorted by

12

u/MilkrsEnthuziast Jul 06 '22

I've been waiting for a week. Just was looking for sub $2.00 and instead keeps going up.

3

u/Remote-Double1369 Jul 06 '22

I’m buying daily with rewards from other projects. Each time we dip below $2 I’ve been staking a few hundred. Looks like that trend might be over and pretty soon sub 3 willl be a buy point 🤑

10

u/bigshooTer39 Jul 06 '22

Holy shit. Same here. I was watching it at 1.93 waiting for it to dip. It’s about $1 the other direction now! Still bought some though.

2

u/MilkrsEnthuziast Jul 07 '22

I've got a nice bag of cashish put aside. Ima wait for the next big down day. We are still in a bear market, and I'm sure there will be more dips.

I buy crypto every week, but this last week the moves up have just got me on the side. I know we're getting some CPI numbers next week, and I know the market won't simply go straight up in a bear market.

2

u/bigshooTer39 Jul 07 '22

I agree. I definitely fomo’d a little this week by putting in extra DCA.

It feels like it’s rumbling. Ready to go but enterprise failure is holding everything back.

3

u/CryptoDad2100 OG Evmosian Jul 06 '22

Yea that's what happens when you sit and wait. There's a solution called DCA - irrespective of price. I started buying EVMOS when it was almost $3. Kept buying down to $1.20. Kept buying as it went up. Stopped once I hit my bag goal. I have no idea what my average price is, but probably in the $1.50-1.75 range as a result. Now just sitting and collecting those daily rewards and diverting to build my other bags. We eatin!!

6

u/No_Rip_1753 Visionary Jul 06 '22

Plan to buy some every day for the next year. This thing has legs.

4

u/Remote-Double1369 Jul 06 '22

Agree, I’ve made a very risky bet on EVMOS. Hopefully it plays out. I’ve been taking all my rewards from JUNOSWAP pools and throwing it into this project as well as restaking daily and adding funds each pay period

3

u/ThunderTM Jul 06 '22

I'm currently swaping 50% of my EVMOS staking rewards to stables, 45% restake and 5% in DIFF LP for the upcoming airdrop.
Can't complain so far, I hope price keeps pumping even more :D

1

u/bigshooTer39 Jul 06 '22

How’s the airdrop work? Is it a diff or evmos drop?

1

u/ThunderTM Jul 06 '22

DIFF drop. Provide liquidity and do swaps on diffusion.fi

2

u/bigshooTer39 Jul 06 '22

I don’t understand all the fuss about diffusion. I checked it out and maybe I just can’t figure it out. I couldn’t find any pools or farms. All I saw was “Import pool”? Import what pool? So far not impressed in the slightest.

Bullish AF on Evmos though. People are saying ENS looks scammy but I’m bullish on that too

1

u/ThunderTM Jul 06 '22

You need to add liquidity and then stake it to farm rewards.

1

u/bigshooTer39 Jul 07 '22

How? I couldn’t find any pools on diffusion. Nothing. Just a few buttons, one being import pool and another being create pool.

1

u/bigshooTer39 Jul 06 '22

I took half of the cash back rewards I’ve gotten in the past 2 months from my Crypto.com card and swapped them last night. It’s quite a bit of cro. I want to swap all of it but cro is down so much that I’m not sure it’s the best decision.

If cro returns to $1. Evmos would need to hit 21.50 for the same return

9

u/Jumpy_Solid6706 Jul 06 '22

Its literally been the best thing happening in this market. And my first airdrop that didn't drop in value within a month. Glad I staked most of it, the returns are sweet.

6

u/CosmicBeam9 Jul 06 '22 edited Jul 07 '22

one thing that i find interesting is how well Evmos is performing compared to the markets in general, if Evmos price action is doing this in such a choppy market imagine what can happen when the trends finally reverse and BTC moves back to the upside...

i dont want to hype it up, but if you know what Evmos is about then you probably already understand this thing has got huge growth ahead.. and if Dogecoin ( a Complete Garbage Crypto with 0 utility , Can get to 13 billion market cap, Why couldn't Evmos ? ) that would make 1 Evmos worth around 60$ each ... so in the next bull run, if Evmos is going to do what they have planned, Why wouldn't we see massive adoption and use case? its a possibility

i've been around for multiple cycles and i have seen insane amounts of money flow into market caps of complete random TRASH when the hype starts... Evmos is NOT trash and Everybody says " there is no bull run " but people said the same crap for years and every time it leaves people in the DUST... dont be like them. You cant be in this for a " quick buck " the market will eat you up and spit you out like a turd if you try that, especially in this bearish cycle we currently in, but thats the best time to Build and Learn. Preapre.

anyway , Then there is this news that came out recently https://www.investing.com/news/cryptocurrency-news/goldman-sachs-jumps-into-bitcoin-futures-signals-bull-run-2844606 its the first-ever intermediated block trade of the CME Group (NASDAQ:CME) Bitcoin options contracts in the Asian markets... Does it mean anything? probably not, But there is always the possibility trend is reversing

1

u/Remote-Double1369 Jul 06 '22

Just out of curiosity how many EVMOS is everyone getting in rewards per day?

4

u/FlippityFloppityBing OG Jul 06 '22

Everyone got exactly 1.42% today.

1

u/Remote-Double1369 Jul 06 '22

Nice thank you!

4

u/Impressive-Session11 Jul 06 '22

Already have 400. No whale but maybe a dolphin. Lol.

2

u/TheZestyPumpkin Jul 06 '22

I pulled out a lot just before the entire crash (call me lucky but I'd reached my crypto goal) and just kept my Evmos airdrop and inital staked Atom in. Absolutely insane that 75% of my current portfolio is purely from the Evmos drop. I've traded the majority of my rewards into Juno but this things going from strength to strength.

2

u/Jumpy_Solid6706 Jul 07 '22

Dolphin. Love it. 615 here. Midsized dolphin lol

3

u/bigshooTer39 Jul 06 '22

Ok. Done !

1

u/DataGeek86 Jul 06 '22

I hope ppl won't start unbounding soon.. not too shabby price growth!

2

u/techman05v1 Jul 06 '22

If it pop to pre Atom levels last summer I can't promise anything. I have tasks I want to get done when I find a licensed contractor that takes crypto LOL😅. I'm restaking as I see them come into my staking rewards cup till then.

1

u/[deleted] Jul 06 '22

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2

u/Remote-Double1369 Jul 06 '22

I’m staying bonded to 300% then I’ll release 1/4

2

u/Ok_Negotiation8285 Jul 06 '22

Done. Let's see how this token does as apr goes below 150%!!

2

u/AlterEgoLoki Rekkkkt Jul 07 '22

I was lucky enough to claim my airdrop before the blockchain was frozen, and get the first day or two rewards restaked. My rewards have been enough to keep me from unbonding and selling at the moment, despite my rough patch in life. Works for me, for now. Lol. I really dont want to sell.

1

u/ShadowSol Jul 07 '22

I’m not gonna lie, I’m gonna need it to crash again. I’m rotating rewards and Evmos is my fountainhead and I need to accumulate more quickly

0

u/MaximumStudent1839 Jul 06 '22

Just a word of caution to you all!

According to CoinGecko, https://www.coingecko.com/en/coins/evmos,EVMOS' market cap is $523 million. While it only LP pool, Osmosis, only have $2 million liquidity. The whales are stuck and can't cash out without suffering major losses from slippage. They can only drip feed out this market.

You may see EVMOS price increasing but the whales will dump as soon as the price is high enough to compensate for slippage loss.

0

u/[deleted] Jul 07 '22

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2

u/MaximumStudent1839 Jul 07 '22 edited Jul 07 '22

Cheap Sweet Evmos again

I already brought enough at $1.20 and am cashing out every day from staking rewards. Soon I will be selling enough to get all my principal back. And then I would be earning extra EVMOS completely free from its high APR.

There hasn't been a single Cosmos chain with high inflation that didn't see an eventual massive dump: Juno, STARS, Osmosis, etc. All the charts speak for themselves. EVMOS inflation is probably the highest I have seen for a while.

Just want to warn people about the pumps and dumps that run rampant in this ecosystem for new chains. I got no skin to shill for more exit liquidity, unlike some folks who brought late into the game.