NEO Monday - Week 6

in #cryptocurrency7 years ago

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I moved all of my NEO off of bittrex and will be buying on Binance from now on. I have 3 NEO sitting in my Neon wallet and will now be building a new stack of NEO on Binance. So why did we make this change? GAS. Binance allegedly pays out the GAS of NEO held on the exchange and I can collect the GAS mysellf from the Neon wallet. It's only a few cents everyday right now but that could be a closer to a dollar or two by the end of the year. Every little bit counts.

Here's how the project looks so far:

NEO OwnedCurrent Price
3.38$110.91
InvestmentCurrent ValueNet Profit/LossProfit per Day
$418.28$374.88$-42.18$-1.21

NEO is our best performing project so far and we are slowly creeping towards our breakeven numbers. NEO's price has jumped almost $30 the past week which is quite impressive.

Was a pretty rough week for our blog. Going to try and stick with about $30 buys for any of my posts that don't make at least that much in SBD and hopefully will be able to start making some larger buys next weekend.

I'm still taking suggestion for this weeks followers choice coin so let me know what coins you are hyped about!

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hi @letshodl, i just learnt about NEO today and I bought them straightaway for the same reason as you!!
In my head, I keep asking how could I not know about this last year??? so stupid of me! lol
do you have any other coins that generate passive income like NEO?

as i am new member in this very helpful post.
plz upvote my blogs and this comment if u like

Wow this post just with 3 upvotes 13$

yup bro .....neon is the coolest amongst top coins ...its a pos coin and if u hold it on the exchanges like binance r kucoin u'd get gas coin free reward of holding ...another feather is its transation fee is zero .........is'nt that good enogh..

I'm really liking neo right now and I'm very glad I chose it as one of my projects this year.

I agree with you , NEO progress fast compared to others currencies cryptocurrency. she interest more inverstisers . good luck if you put money in this cryptocurrency

finally :) cheers to that. It feel good accumulating gas, even if it is a tiny bit.

Net profit is getting a lot closer to the good side! How about you try Ethereum classic? I started mining that, I'm thinking it could be good news one day but thats just me.

It is definitely a good move to get your NEO off the exchanges and into to the NEON wallet. Binance only pays GAS once a month but with the wallet you are in control of when to collect it. I love the https://neotogas.com/ web site. It calculates how much GAS you can expect to accumulate in a year. Nothing is certain in crypto but NEO seems to have a good team behind it and a strong developer community so I think it still has great potential.