I love broader picture posts like this with reasoning behind strategies. As someone who has been an entrepreneur for years and just a basic investor, I value posts like this that give warnings that I otherwise would not consider, especially since I am relatively new to crypto. And given the uncertain macro landscape, these are extra valuable.
DeFi tokens are too volatile for buy-and-hold. I never believed in DeFi index funds either. We're too early for that. For example if you don't know about every stonk in the S&P500, you could reasonably buy the index. For DeFi tokens, we're early enough that it makes sense to spend time learning about a few and buy only those.
Ive held cvxCrv and CVX from $1.50 and $14. While I should have taken profits in Nov, I held like a newb, those emissions are psychologically addictive. I just tell myself its a multi-year hold lol
I love broader picture posts like this with reasoning behind strategies. As someone who has been an entrepreneur for years and just a basic investor, I value posts like this that give warnings that I otherwise would not consider, especially since I am relatively new to crypto. And given the uncertain macro landscape, these are extra valuable.
DeFi tokens are too volatile for buy-and-hold. I never believed in DeFi index funds either. We're too early for that. For example if you don't know about every stonk in the S&P500, you could reasonably buy the index. For DeFi tokens, we're early enough that it makes sense to spend time learning about a few and buy only those.
Ive held cvxCrv and CVX from $1.50 and $14. While I should have taken profits in Nov, I held like a newb, those emissions are psychologically addictive. I just tell myself its a multi-year hold lol
Any chance you add the upcoming events (eg.scheduled token unlocks/emissions) to regular monthly overviews?
this article got me thinking about $LOOKS. I love the team and proposition but it has major unlocks next month that scare me
Active in twitter and night watching the team! Can mine bunch of US token wen you flip good shot coins 👀😂