The biggest named hedge funds, some with upwards of 10-50 million $ invested in qyld. Qyld is a covered call etf that hasn’t missed a dividend since inception 5-6+ years ago. Nasdaq will outperform qyld in bull market. Qyld will outperform nasdaq in sideways and bear markets. Also resilience and tenacity for volatility. Steady income in a bull, bear and sideways market. If we had the crash we had last March qyld would drop 20% while nasdaq would drop 50% - I would much rather have qyld for that reason. That number grew to 8.05 in September, where it. Although Gemini Earn’s interest rates may be better than nothing, it’s worth noting that crypto interest accounts still pose a risk not only are your assets under the custody of another platform, they’re also uninsured. (Don’t believe me? Put in your calculator 1000x1.12 then press enter 5-6 times) Gemini appears to have launched GUSD on its Earn product in June 2021, beginning with an annual return of 7.4, the highest of any coins. Users can earn 2.05 APY on BTC and ETH and up to 7.40 for DAI and GUSD. It can be an easier path to retirement or atleast less of headache than real estate or other forms of annuities for some.Īlso if you reinvest the dividend and the etf stays the same price you would double your portfolio ever 5-6 years. 11-12% a year is way way better than bonds are at right now and it sure beats having cash sitting in a savings. If you look an qyld as an annuity instead of a growth stock it makes much more sense. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. I cant say thats the same with actual crypto earning in other assets goes. Research and speak facts or shut up, dimwit. Monday, Decem07:16 PM InvestorsObserver Analysts Gemini Dollar receives a low risk rating from InvestorsObserver analysis. At least for GUSD your risk of losing your entire investment (at least in so far as the risk assessment reads) is pretty minimal. It owes over 300,000 Gemini Earn customers about 900 million. 2023, reportedly owing its top 50 creditors around 3.5 billion. Yeah, maybe don't talk about things you're uneducated on. Gemini customers claim the exchange misled them regarding the FDIC status of their GUSD stablecoin deposits on the platform through ambiguous. Gemini is adding a new service called Earn that lets clients move their holdings in bitcoin and other cryptocurrencies into interest-bearing accounts. So you seem to be saying it's too risky because Gemini doesn't cover it (when they are an intermediary only and aren't involved in the lending process). If the company fails to pay back to loan, does Gemini cover it? I don’t think so? 7.4% for unsecured debt and you don’t know where it’s going or what it’s being used for is too risky, IMHO. They aren't going to provide collateral to you. They aren't some random individual, they're a highly accredited institution that undergoes routine audits and have to report their financials to the SEC. You're lending to them and they're repaying you in interest. Gemini isn't involved at all in the process, you're lending directly to Genesis (not "others" (spreading misinformation and FUD again), because Genesis is the only partner Gemini works with) so again.I'm not really sure why you would expect them to be required to post collateral to Gemini or you. How do you evaluate risk of GUSD Earn as the market changes : r/Gemini 10 mo.
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