True. Until the entire thing blows up and you're left with a fat goose egg in your account. That's the reason you're getting the 10% or whatever. People think it's free money when in reality it's the riskiest "investment" they could ever make. PDI. That's not riskless but it has a 10 year track record and it's currently paying 10.5% with upside. To each his own.Originally Posted by NaturalBornHustler
You could literally dump almost any amount of money on a variety of exchanges and get .6 to .8 monthly staking % never buying a single thing. Just having it sit there.
You will never be left with a goose egg, the money isn't being used for anything but staking. The principal is always there. And I doubt these major exchanges are going to go BK and lose every penny of everyone's money by collapsing. You are in fact paid out the return in alt coins, so that "could" theoretically go to zero. But again we are talking something catastrophic for that to happen. But you could keep selling the returns periodically and pull that money off the table as you go to hedge against anything crazy happening.True. Until the entire thing blows up and you're left with a fat goose egg in your account. That's the reason you're getting the 10% or whatever. People think it's free money when in reality it's the riskiest "investment" they could ever make. PDI. That's not riskless but it has a 10 year track record and it's currently paying 10.5% with upside. To each his own.
lmao. goddamned dude.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
Good news guys I've found a crypto currency which was literally unaffected by the recent crash this week.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
There will be an awful lot of unneeded computer mining hardware on Ebay in 2023.
based on the tonights open i expect we might see a day or two of green before the bears come for our genitals again.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
More collapses again this morning.
Eth showing some grit in contrast
I could not have been more wrong. YikesEth showing some grit in contrast
Stock market falling right in line.
Most Tech now 20%+ down from its peak. TSLA down over 30% below $900.
Seems to be happening under the radar in the media.
Paper net worth’s are being crushed.
For ETH....
Did the same in May of last year. Started to recover then dipped lower in July. 4 months later ATH.
Can't imagine the liquidations for anyone leveraged. I feel massive pain and just lost the paper gains from last year.
Yeah I think the people talking about the crash down to 30 are probably correct.
Another kermiting this morning, albeit less of one than the other recent crashes.
https://twitter.com/twt/status/1485314361312915456
I wouldn't suggest going allin....but to me it's a mistake if you're not at least grabbing a little bit.
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