Another major blow in the crypto market - the collapse of FTX. If you joined in the crypto space and still here for more than a decade. You thought you had seen enough. Apparently, you have not!
https://twitter.com/thedefiedge/status/1590703768047329281
You knew crypto is volatile and gambling-like, but you still want to enter? Why?!
Having cash on hand is way safer than crypto, but you still want in.
https://twitter.com/BillyM2k/status/1590123758328909824
You hope one day, you can become a millionaire with your crypto shill, but people always stand in front of you to block your dream.
https://twitter.com/LilMoonLambo/status/1590009328022736897
In Crypto, the rule is there is no rule.
People in and out quick and bank run-like events happening all the time that you do not realize how frequently this has happened.
The gold rule of "not your phrase, not your wallet" has been evolved into "not your wallet, not your money".
You know you are luring into a crypto exchange to put your money to earn a dreaming rate with the huge risk of defaulting one day that you cannot even withdraw your money faster.
Yet you still are going to put your hard-earned money into someone's hands without considering put into a bank that is safer than someone you thought you knew.
There are so many people getting rich in crypto, but many more people lost their money in crypto. Yet you do not care about losing but the pursuit of winning it all.
You hope one day, crypto will turn 1,000% and it did in a decade. But along the decade, there are 75 well-known crypto exchanges shut down of total of around 500 already. Never mind, you still got 500 more exchanges alive.
No problem, you will pick one of the best and biggest crypto exchanges and put your life-saving into their hands because crypto is the future.
Another decade is the winning strike.
Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5!
Photo by Kyle Glenn on Unsplash
Another major blow in the crypto market - the collapse of FTX. If you joined in the crypto space and still here for more than a decade. You thought you had seen enough. Apparently, you have not!
https://twitter.com/thedefiedge/status/1590703768047329281
You knew crypto is volatile and gambling-like, but you still want to enter? Why?!
Having cash on hand is way safer than crypto, but you still want in.
https://twitter.com/BillyM2k/status/1590123758328909824
You hope one day, you can become a millionaire with your crypto shill, but people always stand in front of you to block your dream.
https://twitter.com/LilMoonLambo/status/1590009328022736897
In Crypto, the rule is there is no rule.
People in and out quick and bank run-like events happening all the time that you do not realize how frequently this has happened.
The gold rule of "not your phrase, not your wallet" has been evolved into "not your wallet, not your money".
You know you are luring into a crypto exchange to put your money to earn a dreaming rate with the huge risk of defaulting one day that you cannot even withdraw your money faster.
Yet you still are going to put your hard-earned money into someone's hands without considering put into a bank that is safer than someone you thought you knew.
There are so many people getting rich in crypto, but many more people lost their money in crypto. Yet you do not care about losing but the pursuit of winning it all.
You hope one day, crypto will turn 1,000% and it did in a decade. But along the decade, there are 75 well-known crypto exchanges shut down of total of around 500 already. Never mind, you still got 500 more exchanges alive.
No problem, you will pick one of the best and biggest crypto exchanges and put your life-saving into their hands because crypto is the future.
Another decade is the winning strike.
Did you know you can earn crypto through Honeygain now? Jumptask has partnered with Honeygain to boost your passive income! You can earn more than a 50% bonus through crypto! Check out here for the announcement and join here to earn your $5!
Photo by Kyle Glenn on Unsplash
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
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xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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