@VenusProtocol@BNBCHAIN With the new $XVS team, it is going to get traction slowly as crypto adaption grows but this time the appreciation will be on solid grounds!!
⚡️Did you know @VenusProtocol supported so many single asset vaults? There are NO Fees to Deposit or Withdraw funds on Venus and, NO Impermanent Loss risk.
👉 Stake, Earn & Borrow. That Simple.
$XVS #DeFi@BNBCHAIN
#Bitcoin and crypto adoption:
Country Users
————————————
🇺🇸 USA 46 million
🇮🇳 India 27 million
🇵🇰 Pakistan 26 million
🇳🇬 Nigeria 22 million
🇻🇳 Vietnam 20 million
🇨🇳 China 20 million
🇧🇷 Brazil 16 million
ʀᴇᴍɪɴᴅᴇʀ
If it's down 10%, it needs +11% to break even
If it's down 30%, it needs +43% to break even
If it's down 50%, it needs +100% to break even
If it's down 70%, it needs +333% to break even
If it's down 90%, it needs +1000% to break even
Control your risk.
I will stop discussing @CelsiusNetwork once I know deposits are in capable hands & I understand there is a future for shares. I didn’t need any of this. I was perfectly happy running @BankToTheFuture , investing and writting my next book until all the DM demanding help came in.
0.1% of pos size in fees might not seem much, but when you are trying to capture short term moves of 1% or less, that 0.1% round trip becomes a 20%+ fee on the gross profit.
Not accounting for slippage as it is another hidden fee that a lot of people don't account for.
These 'Beach Animals' were created by Theo Jansen as a fusion of art and engineering. The kinetic structures walk on their own and get all their energy from the wind
The most beautiful part of my crytpo journey was LOSING 90% OF ALL MY SAVINGS WITH LEVERAGE TRADING 😅
That loser,battled so hard to learn & overcome. Im grateful for all the greed & ignorance I once had.
If you can't do Spot Trading successfully,you will 100% fail with Leverage
@chainyoda DeFi worked as it is designed to work perfectly. Beautifully proven in current market conditions with 100’s of millions of liquidations that the days of Gov’t protected and subsidized financial institution’s market share is to be eaten away by DeFi.
@CryptoCapo_ Hodling is the best option long-term, but that doesn’t mean buy the top or that you can't take money off the table when you get to a certain %. Stop misleading ppl because not everyone will be a trader; those will lose their coins 100% because leverage.
~$160m sol whale liq at 22, no activity in two weeks (@0xrooter tracking)
~$140m eth whale on aave liq at 895, narrowly escaping once again (@DeFiyst tracking)
degeneracy is wealth agnostic