1. If you get shady DMs from members, please, let me know. 2. I'm adding another level of protection. You need level 2 to create a new post. 3. …so give likes to good comments so we all grow together. I hope it will give us a bit more peace of mind, but I promise to be more careful since now on.
LoL ... Ayomide Ojediran, it's funny how he defend this droshipping shit, i just chatted a little bit with him, out fo curiosity, all his answers look like copy&pasted bullshit ...
Good point. I buy it, if you are a globe nomad Also it's obvious that you are young and do not have any children, in this scenario you probably will look physical stuff with other eyes. Nevertheless, for example, if you are into real state. You can own properties in one or more countries while still been able to travel or relocate. Owning a house for example gives you the chance of selling it at some point and generate profit or even rent it to someone if needed (passive income), and you will still have a home waiting for you if you come back to a given country at some point. Real state usually keeps stable value overtime, far less volatile as crypto or stocks ... Same goes for other physical stuff, you'll sell all valuable things at a given point and move on, that being said, it's obviously not as quick as dealing with crypto, of course. I guess it's a matter of tastes and/or lifestyle 😉
Binance as main exchange (high liquidity, very low fees), Gate.io for exotic shitcoins. Crypto.com mostly because of CRO. You get a lot of perks, credit cards, airdrops, discounts on top brands, etc ... However, the best approach is to withdraw everthing you buy there asap (you know, not your keys, not your crypto) and send some to cold wallets as long run invest and some to burner wallets and gamble for fun/learn on Defi platforms, nowdays Arbitrum, Base and Cronos chains are the ways to go.
@Agape Agape Seems you are a PRO player. I used to use Nexo in the past using the "crypto lending leverage" or "crypto margin borrowing" strategy until i got liquidated in the last big deep, so i lost all my BTC there xDDD Al least i was able to keep 70% of the value on ETH split among several DeFi projects. I still use it for the credit/debit card from time to time ... Arbitrage can be also risky because you pay extra fees moving your crypto around, so most of the times you end up even or losing some value unless you have an automated way to do it. It would be great to have an auto-arbitrage option on Deltabadger, what do you think @Jan Klosowski? Something related in your roadmap?
Hey Fireheads 🔥, this will help us prioritize content here and features on Deltabadger. If you invest in futures, options, mutual funds, etc., mark it as stocks. Forex, real estate, whiskey… maybe the other time.
I believe CeFi isn't inherently negative if our goal is to foster growth within the cryptocurrency sector as a whole. The intersection between CeFi and DeFi enhances liquidity, usability, and broader acceptance of decentralized networks. Several CeFi initiatives are bolstering the progression of leading DeFi chains via funding, collaborations, and hybrid models: Binance Smart Chain (BSC): Supported by Binance Cronos: Crypto.com BASE: Coinbase Optimism & Arbitrum: Binance, Coinbase, Bybit, among others... Ethereum: Binance, Coinbase, Nexo, etc ... These chains may not have flourished or advanced significantly without the involvement of these CeFi entities. It's essential to clarify my stance. Relying solely on DeFi platforms exposes you to risks like market instability, potential hacks, scams, and other malicious activities. While CeFi projects do carry risk due to regulatory oversight and compliance requirements, they also offer protection against certain losses up to a standardized minimum amount in case of breaches or hacks, by law, because these are regulated institutions. This safety does not exist on DeFi projects. Placing substantial crypto assets exclusively into unbacked DeFi projects could result in losses when issues arise. Developers associated with such projects might lack commitment or incentive to maintain the platform during challenging times. Conversely, projects supported by CeFi partners and/or renowned crypto investors possess enhanced security measures, including rigorous audits, bug bounties, and dedicated developer teams well funded by the involved backers. These projects boast both stability and liquidity. A purely DeFi project lacking strong backing (CeFi or/and well reputed Venture Capital firms, Angel Investors) may continue to perform admirably until encountering adversity. At that juncture, underfunded development teams may choose to abandon the project rather than invest additional resources to mitigate losses or address inefficiencies, because at this point they are already losing money and time.
1. Somewhere in Spain ... for now ... 2. Mostly Crypto and ETF gambling. Hapkido and Taekwondo student. Also a proud Legendary Deltabadger user. 3. Books: The 5 AM Club - Robin Sharma, Tools Of Titans - Tim Ferriss. Movies: The Big Short (2015), The Wolf of Wall Street (2013)