I agree with this.

To add the above, 2017 and 2021 is very different. 2017 was a year of speculation and euphoria. 2021 sees adoption and practical use of crypto, and with more institutions buying them. It only says one thing

The crypto/ blockchain world is still very young and won't die off.

Watch how whales increase their holdings.

My prediction is btc to 50k next stop.

zoom out, look back the history, not just bitcoin but other asset markets as well

if you ask me, the correction just warming up only

bitcoin is not like gold, not confident to be that kind of thing always 1,2,3 up

bitcoin will moon, now just not yet, if you can hodl like from 19k to 3k then back to 40k, then you no need worry

if you want to make profit here and there, and with leverage, man best friend, know what you are doing and why you are doing

my bet is it will stabilise at 17k-23k before it takes another 1-2 years to build another rocket to moon.

Anyone staked eth for 2.0?

Used lido and yield farming with steth on curve. But wondering if theres an alpha play i may be missing out as well

I like what ethbtc been doing even with btc dumping. Still strong. Ihns still valid. Long in profit now 😆

To the people that keep asking for dip. Did you buy the dip? Or the fear got you?

Up only.

i have a bag of avax as well as it sounds like the real deal in terms of platform plays

provide liquidity dey said

it will b fun dey said

Irresponsible not to be taking a loan and going all in for this mth

Perhaps AAVE coin is limited.

Anyway, the following comment from Reddit captured my mind about Defi especially lending and borrowing:

"Picture this. I have 1 eth and use it as collateral to get 1000 DAO (very low interest rate when borrowing it) . I exchange that to get 0.75 eth. Now I use that as collateral to get 750 DAO.

Overall I now have 1.75eth under my name used as collateral and it's worth 1750. I can do this so many times I end up with 7 or a little more eth depending on what I'm borrowing.

This sort of leverage lets me create demand for eth that isn't there. If I'm a big enough fish, I can make the price go up. With these low interest rates for borrowing sertain currencies I don't need the price to go up by loads. Even 4% can do.

This is one thing. The other which I find more concerning is that I can lend USDC for something like 7% interest. This shows that there is a great demand for borrowing USDC but when you look at it, almost no one is spending that USDC to pay bills. They are giving eth as collateral for example. Imagine now that the price of eth drops down fast and the protocol that is keeping it as collateral tries to sell it to buy back the USDC which you lent. When it does that it makes the price of eth to drop down further, making other protocols to do the same. And at some point the eth doesn't cover the USDC borrowed. The people who's USDC isn't covered will get fucked.

Perhaps in not understanding something. Explain to me if that's the case😁"

lawl dis is d futur of franc



on a 1 month old addy at dat

if u're gunna take advice from random ppl online

i hv bad news 4 u

===

yes der r gud farms

yes u can do >30% on stables

yes u can do >300% on low IL farms

no, none of dem will last once d market hits, consider urself lucky if it lasts 4 a month

up 2 u 2 find em n enjoy em while dey last

mayb der's alrdy alpha in dis vry post, look hard

Anyway, I respect people who can put 90% money into crypto, hold for very long term, and firmly believe it was the future.

This could be the case. But I am still respect they didn't re-balance their portfolio after balloon to 90%.

True.. put 25% of my saving into crypto.
Now amount mote than my saving lol

What to buy now ah in your opinion?

LOL I spot the alpha, quite literally. WeAreDegen also briefly mentioned it a couple weeks back if you search this thread.

Alpha Homora V2 just recently introduced stable vaults - Currently ~27% - But does go up to ~30% occasionally.
You can also do leveraged farming through Alpha Homora. Pretty nice product.

What’s your view on lite coin?
Hmm so wait for the pullback then buy?