How many to make it?

How many to make it?

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I only have 5k which I consider to be a suicide stack of sorts. I would say 25k realisticly to make it though.
Officially my biggest holding, it has been so comfy not having to check charts every 30 minutes.

what makes it your favorite?

just wait until DeFi takes off.. getting in KNC now is like getting in Binance early

no that was when knc was 50 cents. now its pretty much topperinod. also kyber is pretty shitty compared to an atomic swap dex ( the future

KNC is the standard. there is a reason why Coinbase listed it.

i had 15k of these that i bought at 50 cents but i sold them at 72 cents. OOF. Put that sale into LINK so hopefully it works out for me in the end.

have you actually used kyber? fees are fucking terrible. cost me like $10 in fees to swap from ETH to RLC . should have just sent to binance and traded to RLC there.

I'm all for DEXes but these ETH dexes aren't gonna make it

You are the same brainlet from the last thread claiming that DeFi was a fad because you had to put up collateral to get a loan.

The problem is with ETH not Kyber. Kyber checks multiple dex to get you the best rate which is why gas is so high. Once ETH scales and more level two solutions come online the fees will decrease. If ETH never scales crypto is dead anyways.

Also Kyber is much more than an exchange it also functions as payment processors to convert ETH to fiat instantly and it the same for DeFi token conversions.

Kyber does everything and the DEX is just a bonus.

lmao I know what kyber is you plebian. I got in at 5000 sats and sold for good profit. Kyber is nice but this is just a hype and eventualy the whales will dump hard and move their value into actually interesting assets. not erc20s on ETH lmao.

and yes for 99% of people, Defi is a fad. normal people that want to take out a loan do not have any collateral. the reason these defi coins pump is because popular crypto youtubers all promote it. nothing more. the whales know this and once the hype pump is over they will massively dump the price.

>actually interesting assets. not erc20s on ETH lmao.
Imagine thinking these are mutually exclusive groups
It will continue pumping because stakers will earn ETH fees while holding a deflationary coin. Whales understand this better than you. Wait and see what they do.

Dont bother user, these people will continue shitting on it all the way up to $5

Its like they are allergic to making money or something.

We have
Institutional investors
Pools that are easy to link to
Side point, if bancor pops off we will see some of those gains.
Staking, that is given in eth
and the list goes on

What are home equity loans. What are car loans. What are pawn shops. People don't go giving out money without collateral. It's just a good way to leverage your assets for other uses.

Even if DeFi does fail, Kyber has a ton of other uses. What projects are more legit than Kyber? 5 million tokens burned, staking rewards in actual ETH and not more shitcoin, and powering half the major players in crypto. Outside of ETH and Bitcoin it is as legit if not more than any other token. You may understand tech (as you claim apparently cause I can't gleam that from your comments) but you know nothing of finance or investing.

you'll see what happens eventually.
Once Bitcoin starts pumping these coins like Kyber, KAAVA and the like which have seen massive hype pumps will all massively dumperino HARDERINO.


The only DEFI related asset I still like is RLC but not because it has DEFI tools. But because its a cloud hosting / server / crypto mining / fog computing disruptor.

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>> what are car loans.
when someone takes up a car loan, they need to have proof of income. that's it. they need to have a stable Wage cage JOB to be able to pay the car loan. THe fuck are you even trying to say here?

people that need a loan don't have valuable collateral, how fucking dumb are you?

Well no shit user, eth and btc maxis are the most correct camp, but if you think just buying and holding those now is the best play then I have to disagree. This is a legit project with a lot going for it. By all means people should take profits when they are ready. This whole fucking space is manipulated by whales, you could make this disclaimer about any coin.

That nobody fucking gives out money without collateral. Even with proof of income you need to put a down payment sizeable enough to that if they repossess the car they don't take a bath on it. The car is the collateral. You are a fucking retard.

just know that its not all that great and the average joe and 99pct of people will have no use for all these "defi tools" yet they throw their money at these assets right now cause popular crypto youtubers say it will pamp.

if you don't believe me, go ahead try to use a flash loan.

if you don't believe me, go ahead and put up ETH as collateral to take out a DAI loan. check out how little use there actually is for these things beyond pure speculation. I am speaking out of experince here. I tried all the defi hype shit long before it pumped hard like this. Yes I am salty I sold early. but I also not stupid to realise its not all that great. especially not for the average person.

>people that need a loan don't have valuable collateral, how fucking dumb are you?
Except those three exact examples he gave you
>when someone takes up a car loan, they need to have proof of income.
Proof of income proves you are worth offering a loan to. The collateral ensures they get paid if you default. What is typically used as collateral in a car loan user? Hint: it has four wheels.

ive never taken a car loan cause I'm not a fucking idiot. but my friend, who is, didn't have to do a down payment. only show that he has a stable job. tarderino.

And if you don't have collateral exceeding the loan you need a fucking cosigner with enough collateral that will be on the hook for it if you default.

Literally the only type of loans that don't have collateral backing them are student loans and they are the biggest bubble in the world. You must never have had to get a loan because it's impossible to be this retarded.

I indeed never had to get a loan. I'm not poor and never will be.

That's why KNC does a lot more than just be a DeFi flavor of the month. Just like your example with RLC, I hold because I know it has value besides the buzzwords.

Ok tell me what you can do with the KNC token right now?

Just saying DeFi is functioning the exact same way any other loan agent would the only difference is it's instant and you don't need to go crawling to a Jew for approval. It has utility.

>I want to buy some property
>Nobody will give a loan out for undeveloped property because it's too hard to resell, IE NO COLLATERAL
>Don't want to sell my ETH
>Get a loan on my ETH, convert it to USDC, buy the property, and pay it back as I earn income

just know that in the end, its a centralized erc20 token on ETH.

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For payments through the Crypto.com and Monolith apps and Visa cards, usable at millions of global vendors


For payments on the Kyber Swag Store powered by Origin Dshop


For payments at vendors with PundiX terminals installed


For loans, collateral, and margin trading on DeFi platforms


For gas-free, no-fee Limit Orders on KyberSwap.com

It's been pumping for a week straight and I missed out when it went up to 2 dollars. Should I keep holding until the 7th or dump now?

I'm holding until the 7th, will use profits to accumulate more link when link eventually goes down the shitter again. no clue why it's hanging on just before $5, a lot of retards are trying to keep it from dropping but they'll run out of money eventually. KNC is a solid hold until at least the 7th

Worst case scenario we retest at $1.50, one of the best parts of being a top 50 coin is that manipulation, and the possibility of going to 0 are much less. I think we could easily run to three in the coming months. Not huge gains, but compared to all of the shitcoins its nice feeling confident in a crypto investment.

This user gets it. Hold until catalyst at least