Last week, I consolidated my crypto investments into three coins: BTC, ETH, and CRO. I considered CRO a temporary investment on the Crypto.com exchange. In fact, it is my only CDC investment. As the week, progressed BTC and ETH rose and fell showing moderate volatility.
CRO was stable and generally rose during the week. As of today, my CRO investment is up 25%. This made it very difficult to cut and run or place those assets into BTC.
My BTC asset is up only 4% from last week. I am bullish on BTC. Yet, I wanted to take advantage of my CRO asset.
Here is what I happened:
1. I received an email from CDC about their BTC Supercharger event, "Yes, you read it right—the next Supercharger event is Bitcoin (BTC)! This time, we’ll also be holding a Bonus Lucky Draw for users who stake CRO and make a deposit in the cdc App. Supercharger allows you to farm popular DeFi tokens by depositing CRO into the Supercharger pool. There are no gas fees and you can withdraw at any time."
2. I did a bit of research on liquidity mining pools, for example, [Supercharger Review](https://thefipharmacist.com/crypto-com-supercharger-review/).
3. I read CDC's **entire** Terms and Conditions noting keenly the last section:
\- Partial or total loss of Virtual Assets, or of any value attributed to Virtual Assets.
\- Collapse in liquidity with respect to a Virtual Asset.
\- Changes in the compatibility of a Virtual Asset with any Supercharger Event.
\- Regulatory uncertainty with respect to Virtual Assets and/or DeFi projects, and government action against Virtual Assets and/or DeFi projects, and persons involved in Virtual Assets and/ DeFi projects.
\- Loss of Virtual Assets in any Supercharger Event.
4. I staked 1000 CRO, about $126 CND, in the BTC Supercharger event.
I am not risking a lot of money. I am taking advantage of what seems to be a positive trend in the value of CRO. I am assisting BTC's liquidity. I am also earning a return on my CRO. Because I invested 1000 CRO, I am...
(Updated 30 July 2021) Here are the top 10 traders by Transaction Volume for our Two-Part Margin Trading Race as of 30 July. All eligible traders who participate before 2 August can win a share of the...