Hello there. I just wanted to discuss your opinion about the crypto.com token aka CRO.
Buy in
During the bull run 2021 i bought 7580 CRO for ~ 1000 € (end of August). And later a few more. I think i spent a total of 1500 € for the CRO.
I did not take long after this until CRO spiked and i could get the Jade Green credit card for 10K Cro.
I directly staked my cro in the app and ordered the card. At this time there were really nice bonuses on the card (paying netflix a nice staking bonus and cash back). It was the golden time for crypto.com maybe you remember the deal for the crypto.com arena november 2011.
Bear market
With the bear market late on and all crypto currencies bleeding crypto.com decided to reduce the rewards. This resulted in 30% price crash for CRO.
Switch the wallet
With the lower rewards in the app i decided to switch to the crypto.com Defi Wallet for staking, which had much higher rewards.
Since this time i keep on staking my CRO payback and restaking my rewards.
The CRO token is at the time of my writing at 0,07349 €
So what happened to my CRO
I have
10.156,11 CRO in my crypto.com app (staked for the credit card)17.335,24 CRO staked in the crypto.com defi wallet (currently for an apr of 7.24%)
This results in a total of 27.491,35 CRO means i got 17.491,35 from cash back and staking
The value of 27.491,35 CRO is currently 2020 €
Means i am currently around 500 € +. Of course it would have been way more if i sold in december 2021.
But on the other side if i would not stake nor got the credit card my intial 1500 € would been only 734 € now with the price drop of CRO :D
I would be very interested in discuss the topic with you and how you handled your CRO
Posted Using InLeo Alpha
