Celsius works too. jump to content. Earn up to 21.49% APY on crypto, and get a crypto-backed loan for as low as 1% APR. Love Celsius! Optimizing for buyer keywords. I just have a cup of coffee before I work out. However, I can’t seem to find any follow up with Voyager and Celsius this year. Been doing my own research but is there any independent analysis of Celsius? 10.3k . Any links to key readings about the project? Press question mark to learn the rest of the keyboard shortcuts. It’s a bit of a mystery to me how they can pay the rates they do. 55 Organic Competition. When a loan is taken out Celsius no longer pays interest on the account, so this leaves other user's capital to earn interest on. Check out my other article where I cover the ingredients in … The short answer is that market rates determine how much interest Celsius can pay and rates higher than 10% aren't guaranteed long-term. Esp any that Mashinsky talks about details of lending, security, etc? 139. 5. When combined with exercise, our formula is clinically proven to boost your metabolism and help you burn body fat. Who is Celsius lending to at those rates, how do they ensure repayment? celsius drink where to buy. When the supply of these coins goes up, the lower the yields will come. If you even mention crypto or they see your balance sheet has crypto a regular bank will never even consider giving you a loan because A. That lets Celsius charge much higher interest rates than a bank because they also take a bigger risk. rising. Seems risky as a borrower but this is the world of crypto of course. WhatsApp. And if you manage to save some of that money to leave in the bank... they give you 0.1% interest. I think Celsius is the best among the interest earning services in this space - they have been around longer and survived the adversity of the post-ICO bear market and they are more transparent about their ongoing operations than any of their competitors (Nexo, BlockFi, Salt, Coinbase, Binance, etc). Conversely, if you're 25 years old, single, no kids, and have a steady paying job you might be going all in on crypto since you can afford to lose your shirt. It's all risky and there are lots of cowboys out there with the new defi craze. Email. The u/drinkcelsius community on Reddit. Celsius Chart How do you feel about Celsius today? What makes you think this lending platform is sound and solvent? Read the full story here. Celsius Drinks r/ Celsius. Celsius drinks are available in 12 fl.oz cans or powder sachets, with the cans containing 200-300mg of caffeine each and the powder sachets containing 200mg of caffeine per serve. On occasion I'll dabble with C4 aka "crack" but for the most part I've weaned myself off. top. But keep your eggs in a number of baskets just because that is sound advice. The difference between businesses that offer loans without a credit check and financial institutions that deal only in fiat is a big hurdle to overcome on its own. The way Celsius is structured, 80% of revenue is paid out to depositors and 20% is reserved for ongoing operations. Works better than most other preworkouts without any questionable ingredients. They don't understand it B. They taste pretty good, too! Damn.. what is with all of the downvotes for a simple question. Be safe!! The composition of the fitness energy drink is sugar-free, gluten-free, and natural. CELSIUS® is a delicious beverage that empowers you u000bto jumpstart your way to Living Fit. Users can request loans by putting up their crypto as collateral the borrow stablecoins to invest in other cryptos or other assets. Not to mention with all the regulatory scrutiny they'd invite from having done all the registration/compliance needed with governments? Boca Raton, Fla. – Celsius Holdings Inc., maker of the leading global fitness drink, CELSIUS, today announced the exclusive launch of … Thermogenic weight loss supplements increase your basal metabolic rate, forcing your body to expend more energy – … The only thing stopping me is: is Celsius safe? I’m enjoying the service, and I have funds on the service. People are okay with paying 12+% because they can make money off of it. Transparent Labs makes a good one as well. You watch the news and hear about the government offering your bank money at near 0% rates. Celsius Heat is a lineup of energy drinks marketed as “carbonated pre-workout” beverages (non-carbonated flavors are also available). People say listen to the AMA’s, but there is a bit of a lack of detail at least at the level that would satisfy you I think. It is open to manipulation by them and the incentivising of using their token is another red flag. User account menu. I don’t know if I should try Celsius. I'm being sure to stay objective and not drink the 'charismatic leader' kool aid, but he's incredibly passionate about the absolute screw job banks have been giving consumers, and the simple business model of Celsius (pass the returns on to the depositors) seems so much better than traditional banks. CELSIUS powers active lives every day with essential, functional energy. There's certainly money in the financial system just looking at deposits+loans to support it. Coffee is the easiest. ), More posts from the CelsiusNetwork community, A new way to earn, borrow, and pay on the blockchain. So, what is the downside to just parking a big % of my net worth in USDC, dropping it on celsius, and making terrific returns. hot. PS. Posted by just now. Celsius is down 3.85% in the last 24 hours. Personally, I am very wary of any company that shills its own coin/token. 'Celsius' Energy Drink? That leaves the existential risks of: hacks, regulation, market crashes, and default by borrowers. The Celsius Proprietary Metaplus formula is thermogenic. But they are, people have been receiving interest, myself included, and there aren’t any horror stories I’ve seen about anyone having any issues accessing their coins. I do have abit of money on Celsius but nothing too significant. I can't find the exact AMA Alex explained this but basically any company that deals with anything remotely close to crypto can't take out a loan with a regular bank. 200mg of caffeine is on the high side, but still not a contender for the strongest energy drink. My biggest mistake this year was not trusting Celsius sooner. Small cup of coffee with a splash of almond milk and I'm ready to go! With 200mg of caffeine per can, it’s hard to imagine what else you’d want (or need) to drink it for. If you want to sign up to Celsius or Blockfi, I'd be grateful if you could use my link. How do I start earning rewards? Makes me burn more calories and give me the energy I need, New comments cannot be posted and votes cannot be cast, More posts from the orangetheory community. Too much caffeine too fast!! So if I'm a company that deals in crypto I have to go to Celsius. Close. For my early morning classes, I find it easier to drink Celsius than a cup of coffee. Having said this, I do think Celsius is transparent and the founder is willing to come forward and answer questions. Bond funds are paying out 2-3%, and long term S&P500 returns are 7-10% annually, depending on what metrics you use. Press J to jump to the feed. User account menu. It might be surprising to learn that Celsius, a fitness-centric energy drink brand that generated over $100 million in sales in 2020 and is profitable, was in turmoil just a few years ago. Staying up for a full week ahead of finals? But, it's also kind of insane compared to any traditional asset class (stocks, bonds). Interestingly, it has 0 carbs, which I'm not sure I've seen before in an energy drink, though I'm not really into them in the first place. … r/Celsius: Healthy Energy Drink for Fitness and Weight Loss. At least using two platforms mitigates that risk slightly. I have similar general questions and no real answers. Anyways, the % return on there for USDC is 10.94%. It's not for lack of trust in the Celsius team or business model, which I think are quite sound and solvent, but more a concern about the persistent value of the crypto space and the risk of anti-crypto regulation. I've been watching AMA's and learning more about the project and I'm actually becoming more and more impressed with Celsius overall. Major banks get backstopped by the government when there's a huge crisis, I can't imagine a TARP program to save Celsius users if anything goes wrong. If you're curious about who is borrowing from Celsius to pay these high interest rates, they are discussed in the weekly AMA calls but more important than that should be a recognition that each transaction between Celsius and the borrower is public. I am a Celsius fan. Archived 'Celsius' Energy Drink? what about security and hacking? Does anyone drink Celsius as an energy booster or pre-workout? Created Sep 16, 2017. Small cup of coffee with a splash of almond milk and I'm ready to go! my subreddits. I believe this is one way they are able to pay out high interest rates. What are the Celsius Tokens (CEL) used for? Celsius is a weight-loss drink containing a thermogenic, proprietary blend of ingredients.The company posits that its product is clinically proven to function well by accelerating metabolism, but no proof is offered.Some ingredients show promise, but we weren’t able to nail down the evidence on the product as a whole. The main thing to understand is that each loan Celsius gives is backed by assets and they have a much lower risk of default than an institution that depends on the creditworthiness of its clients. Ofc you're 100% exposed to inflation, but the 10.94% return really mitigates that. Share. card. edit subscriptions. Since the underlying asset is pegged to the dollar (USDC seems pretty trustworthy, backed by reserves, audited, compliant, etc), you're also insulated to big macro crises like corona rocking stocks or other more volatile crypto. Ex. CELSIUS is a Fitness Drink which has been clinically proven to accelerate metabolism and burn calories & body fat while providing healthy energy. Celsius Drink Ingredients & Nutrition Facts. Links to good ones? They just announced partnering with Bitfinex exchange which has several users. These high yields are not going to last forever. Also it’s a cheaper alternative to most others, especially for the amount of caffeine it packs. So, recently started using Celsius through it's integration in the Digifox wallet (super great wallet btw, made by Nick Merten at DataDash, give it a look). This functional and delicious drink is designed to help boost your body’s nitric oxide content providing more … I'm being sure to stay objective and not drink the 'charismatic leader' kool aid, but he's incredibly passionate about the absolute screw job banks have been giving consumers, and the simple business model of Celsius (pass the returns on to the depositors) seems so much better than traditional banks. He claims any business can survive on 20% margins, so 80% of the profits are going towards interest payments. 6 months ago. Thoughts on Celsius? Founded in 2004, Celsius was originally positioned as a brand of “negative calorie” and “fat burning” functional beverages. A single can of Celsius packs a huge 200mg of caffeine. Email . How to activate a promo code? new. At a recent AMA the sales pitch is on the profits going towards paying out the community and the high rates are to attract more people to the space. The 12 Best Energy Drinks, Ranked by Taste . As for why I think Celsius is relatively safe, is because their Security page includes actual filings and NYC is strict when it comes to financial rules. The sparkling ones are one of my go to drinks before a workout! How is the 10.94% return possible? Also given his background it's like... a malicious rugpull by Celsius seem like a 0% chance of happening. Problem with your arguments are that you are thinking too much like a bank. Celsius energy drink contains a colossal amount of caffeine in a can: 200mg of the energy-boosting bean. I prefer BlockFi which doesn't pay as high a rate but it is backed by more mainstream backers and has a track record now. We are operated and moderated by community members, and we are not affiliated with the Orangetheory Fitness company. hot. I think the biggest risk is these companies going bankrupt and being forced to liquidate, but more likely they will reduce rates before that happens. A Hollywood-trendy weight loss drink, Celsius is a good mix of fat-burners that centers on caffeine. Join . CELSIUS HEAT™ targets millennial fitness enthusiasts, avid gym goers, professional trainers, competitive athletes, the military and first responders. Used to drink Celsius years ago and it was my jam. hot new top rising. Reddit gives you the best of the internet in one place. https://celsius.network/ It also includes guarana seed extract, ginger root for flavor and digestion, vitamin C to support your immune system, vitamin B for energy production, and chromium to help control hunger. Thanks for the link to Celsians, I hadn't come across that yet. Find communities you're interested in, and become part of an online community! running a ponzi scheme? So it's like... the more I researched the more worries I've been crossing off the list. There could be bad events like hacks, crypto regulation, etc., or maybe a rogue employee, but it seems absurd to think the Celsius is a scam - Mashinsky made multiple billion-dollar companies, has all the wealth he would ever need, and then starts a fraudulent lending platform to scam some NEETs out of their lunch money? CELSIUS® is a registered trademark in the USA. Does Celsius support Binance Chain (BEP-2)? Celsius Heat is a pre-workout beverage and energy drink that delivers 300mg of caffeine to your system. Reddit. This seems absolutely insane compared to returns that I get from savings accounts at banks. Celsians.com - an independent community of Celsius Network depositors, Celsius Network Interest Rates, Explained, Gold vs stocks: which will win by year-end? Telegram. Love Celsius. OP you are asking great and thoughtful questions. CELSIUS uses a special Green Tea extract that contains a specific ratio of EGCG (epigallocatechin gallate) — the compound that scientists have found boosts your metabolism, allowing you to effectively burn more calories and store less fat. Press question mark to learn the rest of the keyboard shortcuts. This also means Celsius cannot lend out more than its depositors put in and every depositor can confirm this on the blockchain (although its easier to use tools such as celsians.com). No way. Peri RX by Barbell Medicine is good. 13 Avg. In my opinion it’s a “better” energy drink, in terms of ingredients (at least it’s marketed that way and maybe I just feel better reaching for a Celsius rather than a Monster ). Haven’t tried any of the non-carbonated, but cucumber lime, kiwi guava, and mixed berry are my favorites. No doubt it will give you a powerful pick-me-up. We’re different from other energy drinks because we focus on movement. Celsius price today is $4.31 USD with a 24-hour trading volume of $19,065,866 USD. Also the CEO has a pretty stellar track record, so some if it is just based on pure trust on who you are doing business with. How does it make you feel during the workout? Some of the Celsius “Originals” range of energy drinks Or … Press J to jump to the feed. Celsius energy drink is a brand of energy drink made by Celsius Holdings in the United States. What is Celsius Heat? As with all CELSIUS® products, CELSIUS HEAT™ is a thermogenic and is an ideal 16oz energy drink given it is proven-to-function and is healthier than competitive 16oz traditional energy drinks with high sugar content. … My instincts as of now say this is kosher, but I wouldn't be surprised to see the interest rates go down to 6-8% over time. Share. Vote. This question has been asked multiple times recently. Please make sure that you read our Help Center before posting a general question that can be found there: https://support.celsius.network/hc/en-us, Press J to jump to the feed. How do you calculate weekly rewards? Posted by 5 years ago. Mashinsky is a remarkable guy. I’ve had 9/10 of energy drinks out in the market except Celsius. I’ve been earning interest on USDC through another platform and just recently started using celsius. Billions of stablecoins are being created right now to try and help the demand. Earn up to 21.49% APY on crypto, and get a crypto-backed loan for as low as 1% APR. Available in both sparkling and non-carbonated flavors, CELSIUS is an ideal pre-workout drink and also serves as a refreshing … I'm not qualified to offer financial advice but I can tell you my number is < 1% for now. Banks know u have no choice when it comes to where u store ur non essential money. So, there's a 20%+ spread between what money costs them, and what they give you, ignoring all the other services that make the bank money. Pinterest. Close. I’m a HUGE fan of Celsius. Posted by 3 hours ago. One time, however, I was feeling sluggish and sucked one down right before a workout. Discover and Share the best GIFs on Tenor. Our products contain a proprietary blend including u000bGreen Tea Extracts, Guarana Seeds, Taurine and Ginger Extracts. Can You Drink Celsius On Keto Diet, Keto Diet Faa Medical Athelets On Keto Diet Keto Diet Bad Reddit. Rates change all the time but I've only seen them go up so far. Sugar-free, low-calorie, and made without preservatives, artificial ingredients, or high-fructose corn syrup, CELSIUS is the go-to pre-workout option for athletes looking for a natural energy boost without the caffeine crash. As far as energy drinks are concerned, Celsius is still largely part of this brand category mostly due to Caffeine. Reddit is a network of communities based on people's interests. I did a bit of research and also discovered the Voyager app partnered with Celsius network a few years ago for earning interest for select assets. 1. It was enough to keep me wired, but not as intense as C4. Online. Search Popularity. Find out if it’s worth the price today in our Celsius Heat review. Sounds like a good option for a pre-workout to me. CELSIUS energy drinks are also Certified Vegan, Kosher, and non-GMO. Log in sign up. A friend gave me one today before a particularly grueling day in the field. Being all in on Celsius might be absolutely fine, but common sense dictates some pooling of assets across different sources including some wallets where you own the private key. There’s a lot of demand for stablecoins right now especially to borrow them for margin. Members. The Celsius fitness drink is designed to rev up your metabolism, help you maintain a healthy weight, and increase your energy levels. Reddit. I was having some palpitations and it made my workout suffer, but I learned I just need to drink them slower or maybe take half a can at a time. Once you look at things that way: getting 10-15% from a service like Celsius doesn't seem so implausible. So more and more people have been buying up stablecoins to lend out to people. 0 Shares. This is a unique situation for everyone and it depends on where you are in life and how much cash flow you have each month which would then make up your risk tolerance. Higher risk and most importantly C. They don't want to deal in a grey area when it comes to regulations. From what I gathered doing minimal research is that they use it for lending. Celsius markets itself as “a fitness drink that accelerates metabolism, burns body fat and provides healthy energy*”. Overview Market Historical Data News Socials Ratings Analysis Share. I love Celsius! Website: https://celsius.network/ r/CelsiusNetwork Rules. How can I transfer coins to my Celsius wallet? What I’m worried about is how sustainable these interest rates are. Vote. I drink half a can before and it gives me just the right amount of energy to get through the 5 am :) no tingly feelings, either which I prefer especially with so much cardio! I mean I guess anything's possible but I'm as sure as reasonably possible that the project as a whole isn't going to exit scam. I've heard that banks make like 20%+ returns on your deposited cash, while paying out a fraction of that, so sure, there is return that Celsius could be passing on it us that the banks are stealing. Can U Eat Gheta In Keto Diet Mcdonald S And The Keto Diet Does Keto Diet Have Any Side Effects Balanced Keto Diet For Women. Optimization Opportunities Optimization Opportunities. Vote to see community results Good Bad About Celsius. But right now is a good time to take advantage of these rates. Can the CEO end up in prison, is he over-leveraging? This is the main angle they use to promote themselves as your most trusted partner when training. Overall I have about 10% of my net worth in two different companies and I’m going to be adding more. The perfect Eyebrows Celsius Energy Animated GIF for your conversation. Thoughts on Celsius? So, Celsius exit scamming would destroy his reputation and put in him jail, when he barely needs the money anyways? card classic compact. The stamp of approval from my man Nick Merten, and the Chainlink team, both mean a lot as well.I'll keep researching but honestly this project seems really legit. Its proprietary formula contains green tea extract and EGCG. Log In Sign Up. Celsius is a great energy drink if you need an energy boost during your workouts. Traffic to Competitors . The company states that you can drink Celsius as a replacement for other caffeinated drinks, during a meal, or 15 minutes before exercise. you think celsius and blockfi are on top of it. 1. I buy the powder version and add it to my water bottle. Come here to discuss the workouts, the results, and get help from your fellow OTFers. Celsius Website. Hacks I don't have the technical background to assess, regulation I'm bullish on, market crashes it seems they've weathered well already, and defaults should be irrelevant since they hold collateral *greater* than the loan they are giving? if you're 70 years old living off social security checks most likely you will not want more than 10% of your assets in crypto. You see that same bank charges you 23% interest to borrow that same money on your credit card. As a result because they say they share 80% of revenue with customers they are able to give you such high rates. I can't put tons of money in and get rugpulled, or have a hack take all my money. What % of your total net worth do you feel safe holding on Celsius, and why? I'm probably going to store my spare cash that's been mouldering in a """"high savings account"""" (0.7% interest - can't possibly put enough quotation marks around that now that I realize how little banks are giving back to us) to USDC and then celsius, maybe 3-4% of my total portfolio.