I mean there should be some sympathy, how many people followed advice of streamers they looked up to or family members giving advice. If a pension fund actually backed this project they must have been pretty convincing. Its FOMO and its very easy for someone to see people get rich in the past from crypto and want to not miss out this time. People on Twitter are very convincing, I mean bitcoin is tanking but more and more people are buying it hoping this is the dip that gets them a better life.
Well, if you are taking the advice of streamers, maybe you get what you deserve?
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Quote:
Originally Posted by Poe969
It's the Law of E=NG. If there was an Edmonton on Mars, it would stink like Uranus.
Well, if you are taking the advice of streamers, maybe you get what you deserve?
Depends on the streamer? Some of them are very knowledgeable in their field and then there are the Jake Pauls. If you can't see the difference then yeah.
Its like 0.05% of the total money in the fund they invested. Taking on some risks and being diversified in a portfolio that big makes sense.
No.
Diversification is an obvious part of the process, but as portfolio managers, they have a morale, and legal, obligation to be responsible stewards of the money. And are held, not to a reasonable standard, but to a professional standard.
Well at least you picked a prediction where we're likely to find out the truth sometime after CP has shut down. I'll screenshot this so I can show the other geezers in the old folks' home how right I was sometime in the 2050s.
"Look, look! Proof it was karl stealing my Cheerios the whole time!"
If you stake your cheerios in my pool I can guarantee you 150% returns annually, minimum.
My guess is the need for a dark currency to buy and sell cocaine and fenty ends up being the only utility in the end but that does give it a baseline value, we will see what a currency only used for shysty purchases is worth
Decentralized finance platforms are going to extreme lengths to limit the fallout from a sell-off in cryptocurrencies.
Solend, a lending platform built on the Solana blockchain, tried to gain control of its largest account, a so-called “whale” investor that it said could significantly influence market movements.
If sol’s price sank below $22.30, 20% of the account’s collateral — about $21 million — is at risk of being liquidated, Solend said. Sol was trading at a price of $34.49 on Monday.
On Sunday, Solend passed a proposal granting it emergency powers to take over the whale account, an unprecedented move in the DeFi world.
Solend said the measure would allow it to liquidate the whale’s assets via “over-the-counter” transactions — as opposed to on-exchanges trades — to avoid a possible cascade of liquidations.
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It's almost like all the regulations, rules, and centralization are there for a reason... Yes I know there is some pretty shady stuff going on like market makers on the stock exchanges, that we need to crack down on, but some of these cryptocurrency platforms are just wild.
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The upside to the BNB Vault is it hooks in with Launchpad, BNB has a good upside to it, but it won't have an explosive upside to it like some of the Launchpad tokens will have.
I'm also dipping my toes into the liquidity-swap market, investing 10 NEO into the NEO/USDT, the yield was estimated at 17% APY, but I chose the pair not because of the return because I didn't really care about my 10 NEO coins LUL.
An update on the investments BNB Vault was a bust, I moved back to static BNB locked staking.
As for the liquid swap, my stake is now worth 18 NEO, if crypto continues to crash I will have doubled my coins; I'll probably withdraw at 20 NEO. That being said if I had just sold my NEO, I could have bought 30 coins now.
The opportunity? That Alberta could stake its claim as leader of Canadian Cryptoland, to carve out a piece of a flashy new industry and all the jobs and dollars that come with it.
The government would turn that bullish sentiment into action. Over the spring, while the price of bitcoin was relatively stable, it passed a bill that temporarily lets cryptocurrency and other financial technology companies be exempt from some financial laws as they test products in Alberta.
That's some smart work, right there. Allow a blooming industry with a recent and active history of scams, deceit, poorly conceived algorithms, and flaunting of all laws to get a free pass. That should work out gloriously.
<-----Check the Badge bitches. You want some Awesome, you come to me!
