Hey All,
Its not for the first time that I am buying this token which goes by the name #COTI it is aka "Currency of the Internet". With the stake that I have in COTI, I have been doing a lot of things and one in particluar was tied to #HIVE where I was swapping all my #COTI earnings with #HIVE and the HIVE was being powered up. Refer this blog post - Coti & Gcoti My printing machine for #HIVE - Part3 - 5K+ #HIVE Earned & Counting. The #COTI project has many things to offer and is trying to solve problems associated to traditional payment systems like:: Scalability, Transaction Speed, Cost Efficiency, Trust and Security, Usability, Smart Contracts and there is much more to it. Apart from all of this what I am more excited about is the migration of COTI to COTI V2 which will be an EVM [Ethereum Virtual Machine] L2 solving blockchain privacy with Garbled Circuits which is 1000x faster & 250x lighter than other current privacy solutions. And all this is coming anytime Q1 2025.
Bought 40K+ #COTi Tokens - My Strategy Ahead...
Apart from my stake in the COTI treasury where I have 100K+ #COTI and #GCOTI staked this new purchase of tokens is on binance and the plan is to keep them liquid and wait for this news of the mainnet launch of COTI V2 on EVM. As per my knowledge and research this is going to be a big news as COTI is going to bring privacy of Ethereum blockchain. You can imagine how many use cases it enables by addressing the privacy issue on a blockchain. I bought all these tokens at a price close to $0.08 cents and to be honest I am looking for some immediate gains here and the plan is to sell at double the price i.e. $0.16 cents. So the big question is will this price hit with the COTI V2 mainnet launch or not? My hopes here are high but lets see what happens in near future but even if I am making some decent profits I will exit and then rely on my major stake which is in the COTI treasury. I will not be touching the stake in the treasury that will remain but what I will be rather doing is take the daily staking rewards and swap it with #USDT and build some capital here to be invested in the markets when there is a sharp decline. Who knows I would grab a couple of thousand of #HIVE and power it all up to reach to my ultimate goal of having 150K+ HP by the end of this year, 2025. At the same time I have been building my #gcoti stake and to remind everyone #gcoti is the governance token on the COTI chain and it also helps one to increase their APR if staked in 1:1 [coti:gcoti] ratio. Hence on the other side I have been building the #gcoti stake as well and obviously will sell the liquid tokens on the mainnet arrival. Lets see how things pan out in near future. Until then its just #build and #hodl for me and this should be it for todays post on - "Why I bought 40K+ #COTI tokens worth $3.5K+ - My Strategy Ahead". Interested then do yourself a favor to grab some coti and gcoti tokens now before they skyrocket and thank me later....& obviously DYOR... Stay Coti... cheers
Have Your Say on COTI APRs - V2 upgrade is HERE - Link your MetaMask address to your VIPER wallet #COTI, #gCOTI token - HODL Vs SELL?
Did you link your Viper Wallet to MetaMask? Are you invested in #COTI token? Did you know about this bridge on the COTI platform that lets you to transfer your COTI from centralized exchange to a DEX? Are you staking COTI vs gCOTI? Would love to hear your thoughts around it in the comment box below?
Why I bought 40K+ #COTI tokens worth $3.5K+ - My Strategy Ahead...
#coti #gcoti #payment #howto #transfer #crypto #cryptoofinternet #hodl #binance #bridge #currencyofinternet
Best Regards
Image Courtesy:: coti.pay, congecko, medium, metamask
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've have an interest in BlockChain & Cryptos and have been investing in many emerging projects..