My quick 2 cents.
I bought ETH and XMR 2 year contracts on Genesis in early September 2017.
A simple analysis shows that if I had just bought the currency with the same amount of money I would be way better off than I am today. I’ve done the math a few times to figure out the percentage but I did not do it today. The difference was so vast that even after the crash we’ve had the situation remains the same.
ETH was about $294 and XMR about $115
You are viewing a single comment's thread from:
I've been trying to tell people this forever, like why not just invest directly into the coins and tokens yourselves, why give some company 50% of your profits, and wind up breaking even in the end... this shit never made any sense to me unless you're a referral magnet.
My reason for doing it was that, at the time Coinbase would only allow me $60 per week investments, and I wanted a larger presence in cryptos.
But even with the current shitty prices, I would have at least a 200% return. Instead I haven’t yet broken even on Genesis.
Ha ha, $60.00 per week on Coinbase, they were totally fucking you bud!
Of course they were.
I had a decent sum I wanted to put into the space, but Gatekeeper Coinbase was protecting my interests…
Coinbase has always been good to me, so I have no complaints really.
I haven’t had issues with them either, except I hated that for the first 3 months I wasn’t given any room. And I don't like being protected from myself.
Hey, I hear ya, my limit was pretty low when I started too... but not that low.