Long

SNX Hodling

Updated

This is not financial advice. This is simply what I am doing and why. I find SNX extremely attractive at $10 or below. I consider it on sale. As a derivatives platform, Synthetix Network has a very profitable idea. If they can pull it off, traders will be able to go to one place and trade without using paper moneys (using tokens to buy synths), to the long or short-side everything from Amazon stocks to Commodities to Crypto to FOREX trading (yes, trade in dollars, euros or yen without using fiat) without ever having to touch a standard banking or brokerage system. They have already pulled it off, but they are transitioning from layer 1 to layer 2 and keeping accurate pricing with zero slippage and token count across both layers is current priority. They look to be layer 2-only by early 2022. In the meantime, I have been hodling (holding) via Celsius Network for a 13.99% apy which I receive every Monday like clockwork. I started with 2771 tokens at the beginning of this August and already have 2814 tokens just for holding. Come Monday, I will have 2821. For a token that has such high potential once trading volume/adoption picks up on the Synthetix Network platform, I am making out like a successful bandit. Consider token scarcity...under 115 million circulating and just under twice that total supply potential. Prediction: I am fairly certain SNX will triple within 6 to 12 months even before high adoption rates. Yes, mark me as saying $30 is an easy target. That is the low hanging fruit. Trader adoption will take it far beyond that, but it won't fully hit until the transition to layer2 is complete. I expect to reap massive returns after that. It is still EARLY! Meanwhile, my tokens compound at almost 14% per year making my token count DOUBLE every five years. Einstein's eighth wonder at work! So, I am looking at triple multiplied by double compound gains in 5 years as conservative! On the high but realistic side, 10x to 20x...and I still get the doubling of that every 5 years with my no-brainer compounding, holding at Celsius. I hold there because there is none of the usual hassle associated with staking...no "validating or delegating." None! I have unbanked myself. Again, this is not financial advice. This IS what I am doing. Combining ideas to get the most risk averse bang for my token.

Note

Update: How do you keep an upbeat attitude? It's MONDAY, September 27th! Another weekly payday! Another 7 SNX tokens have been added to my Celsius Network account simply for holding my tokens there! If prices keep holding close to this $10 floor for synthetix network tokens (SNX), I may add to my hodl stash at Celsius come the beginning of October. The 13.99% apy interest keeps me happy even when the market is angry like today. I might diversify some. I could add some polygon (MATIC) as it has found a floor at $1. It does have great layer2 technology and booming partnerships, adoption and volume...and Celsius pays 10.5% apy...every Monday. Or maybe I'll diversify into precious metals...specifically Gold. Stablecoin Pax Gold (PAXG) pays 5.5% on Celsius and is supposed to be backed by real gold bars. Talk about having a "chaos hedge!" The options are mind-blowing and everything is on sale! You should be excited! When I get my next fiat paycheck, if prices stay like this until the 1st, I'll be like a kid in a candy store! Woohoo! Feel free to share these ideas with friends...it makes us ALL wealthier! Your choices are: 1. Continue to believe in the worthless paper fiat you get from the old world and stuff it in your matress or your useless bank account, or 2. Join us in the new world of the unbanked (Celsius Network) and have more control, more interest reward in the tokens of your choosing (I currently prefer SNX so far) knowing the tyrannical powers that be may someday try to force you to return to the worthless paper or maybe even some digital version of it (Look up CBDC). Do they dare? Perhaps. But the game will be up. Everyone will know they have been cheated, that fiat currencies whether digital look-a-likes of real cryptocurrencies and tokens or plain paper version we currently trade in... are worthless. You owe it to yourselves to take a chance on something better for your future health and wealth.

Note

Oh...my SNX token count now stands at... drumroll...2820.933

Note

"Reward Monday!" My total SNX count now stands at 2828.045. Thanks to HODLing (holding) my tokens at Celsius.Network, I am still winning even when the market continues to vomit volatility like we've been seeing. I have been rewarded interest (13.99% apy) EVERY Monday like clockwork. I now have earned an extra 57 SNX tokens since 1 August 2021. Unbank yourself and join me at Celsius using my referral code 189218504d and start earning interest next week! Use my code 189218504d when you create your account, transfer at least $400 worth of tokens to Celsius, and we both get an extra $50 in BTC after 30 days of holding! Even though I just discovered them this year, Celsius has been around for 4 years and is constantly improving its platform and customer experience. Improved and cheaper on-ramp/off-ramp support is coming at the end of this year, meaning I will finally be able to buy more SNX without paying coinbase exorbitant fees. Also, no-fee swapping is already in beta...meaning I will eventually be able to move to stablecoins the next time volatility takes a downturn and still earn 8.88% apy on Celsius with a stablecoin and then swap back to SNX when it bottoms and starts an uptrend (again, without giving fees to coinbase). No, I do NOT work for Celsius. No, I am not giving financial advice. Yes, if you sign up and use my referral code 189218504d, I will benefit by getting $50 worth of Bitcoin deposited into my Celsius account after 30 days from your deposit, but so will you...and your SNX tokens will grow in number! It is a win-win. Good luck! Become a Celsian SNX HODLer. BTW, if anyone has followed my example here by moving their tokens to Celsius Network, please comment with your additional coin-count (a months worth of Monday rewards) after one month of holding your SNX there. I'd love to hear your success stories! Doing made me a believer.

Note

My Monday reward! 7.12994 Synthetix Network Tokens! My token/coin count now: 2,835.175296 SNX
My daughter's Monday reward! 3.92780 Polygon (MATIC)! Her coin count now: 2,046.382937 MATIC
I promise to update every Monday. If you start using this method to bolster your coin count, please let us know by sharing a comment. We want to hear more success stories. If you aren't using Celsius Network to earn interest yet, get an extra $50 worth of bitcoin by moving just $400 worth of crytpo to Celsius when creating an account by using my daughter's referral code: 1691390756 or mine: 189218504d
Good luck and great rewards!--Garry

Note

Unfortunately, I missed my coin count update yesterday (weekly Monday rewards @ Celsius), so here it is. Celsius Network added 7.14791 Synthetix Network Tokens to my account. My token/coin count is now: 2,842.323209 SNX. I'm still earning 13.99% interest on SNX. But my daughter's polygon interest is now only 8.99%. Her Monday reward was 3.93535 Polygon (MATIC)! Her coin count is now: 2,050.318289 MATIC. It's ok, I think she'll see favorable price action sooner in polygon than we will in SNX. I promise to continue updates every Monday. If you start using this method (Celsius; regulated and licensed by the SEC and the U.S. Treasury) to earn big interest, please let us know by sharing a comment. We want to hear more success stories. If you do decide to use the Celsius Network to earn interest on your tokens/coins (they have 41 different cryptos, including stablecoins that pay 8.88%), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d or my daughter's: 1691390756 --Garry

Note

As you know, Celsius Network does their "interest rewards" on Mondays. So, without further ado, here are this week's Monday rewards numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.
My token/coin count is now: 2849.489143 SNX
Added 7.16593 SNX this week
Collecting 13.99% APY on Celsius Network (simply for holding my coins on their network)
My daughter's token/coin count is now: 2053.717086 MATIC
Added 3.39880 MATIC this week
Collecting 8.99% APY on Celsius Network (simply for holding her coins on their network)
If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 8.88%), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (& hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you to the people who have. Please take a bow in the comments and enjoy your weekly payments (and $50 worth of BTC after 30 days).--Garry

Note

November 1, 2021 "interest rewards" for this Monday. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2856.673143 SNX
Added this week: 7.18400 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network.)

My daughter's token/coin count is now: 2057.121517 MATIC
Added this week: 3.40443 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)
If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 8.88%), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (& hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you to the people who have. Please take a bow in the comments and enjoy your weekly payments (and $50 worth of BTC after 30 days).--Garry

Note

November 8, 2021 "interest rewards" for this Monday. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2863.875256 SNX
Added this week: 7.20211 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network.)

My daughter's token/coin count is now: 2060.531592 MATIC
Added this week: 3.41007 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)
If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 8.88%), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (& hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you to the people who have. Please take a bow in the comments and enjoy your weekly payments (and $50 worth of BTC after 30 days).--Garry

Note

November 22, 2021 "interest rewards" for this Monday. Apparently, I missed providing last week's update. Without further ado, these are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2878.333999 SNX
Added this week: 7.23847 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2067.368708 MATIC
Added this week: 3.42139 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 10.02%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (& hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

Note

November 29, 2021 "interest rewards" for yesterday, Monday. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2885.590722 SNX
Added this week: 7.256722 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2070.795770 MATIC
Added this week: 3.42706 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 10.02%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

Note

December 7, 2021 "interest rewards" for yesterday, Monday. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2892.865740 SNX
Added this week: 7.27502 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2074.228512 MATIC
Added this week: 3.43274 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 10.02%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

Note

"Interest rewards" for this past Monday, December 13, 2021. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2900.159100 SNX
Added this week: 7.29336 SNX
(I am collecting 13.99% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2077.666944 MATIC
Added this week: 3.43843 MATIC
(She is collecting 8.99% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 10.02%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

Note

Merry Christmas and Happy New Year to all. These are our "Interest rewards" as of yesterday, Monday, December 27, 2021. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2914.828985 SNX
Added this week: 7.35814 SNX
(I am now collecting 14.05% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2084.600940 MATIC
Added this week: 3.48986 MATIC
(She is collecting 9.10% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 8.50%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

Note

These are our "Interest rewards" as of this past Monday, January 03, 2022. These are the numbers for my SNX tokens and my daughter's Polygon (MATIC) coins.

My token/coin count total is now: 2922.205744 SNX
Added this week: 7.37676 SNX
(I am now collecting 14.05% APY on my SNX at Celsius Network simply for holding my coins on their network. At this rate of compounding, my SNX doubles in number every 5 years regardless of price.)

My daughter's token/coin count total is now: 2088.096656 MATIC
Added this week: 3.49572 MATIC
(She is collecting 9.10% APY on her Polygon at Celsius Network simply for holding her coins on their network.)

If you decide to use this method to earn big interest (Celsius has 41 different cryptos including stablecoins that pay 8.50%, depending on your location and local regulations), get an extra $50 worth of bitcoin just by moving $400 worth of crytpo to Celsius (and hold for 30 days) when creating an account by using my referral code: 189218504d
Or my daughter's referral code: 1691390756
Thank you. --Garry

tg-l

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