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 ...
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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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!
The market goes up and down daily. So if you keep track of the market daily, your heartbeat goes with the market 💓. The market volatility describes how risky the price goes. The higher volatility goes, the riskier it will have. Should you worry about volatility at all? Or should you have to check the market every day to see if it goes up 📈 or down 📉?
Here is the hint 🤫: you should not need to!
Crypto Addiction 🚬
Are you obsessing with cryptocurrencies? If you do, you may have a problem!
✔️ If your mood swings like the price chart
✔️ If your heart rate goes with the price chart
✔️ If your day depends on the price chart
You got a crypto addiction!
Well Being 🧘♂️
Many crypto investors have gambler syndrome.
✔️ If you try to beat the market
✔️ If you try to get rich quick
✔️ If you try to bet your money all-in
✔️ If you try to win your losses
✔️ If you are FOMO/FUD
✔️ If you heard little birdie tell you the best deal you should get into right now
You are gambling!
Mental health is more important than your profits.
You do not want to win one million dollars and spend it all for the later mental treatment process 😂.
Defensive Invest 🛡
My best experience investing in crypto is treating it as buying a lotto ticket.
There is no price chart for lotto, and it is pure gambling for fun.
The emphasis is fun but not gambling. You put away a fraction of the cost to exchange for a potentially huge gain, but such a fractional cost will not jeopardize your health and living standards.
The bottom line is that you do not want to trade off your mental health for cryptocurrencies.
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!
The market goes up and down daily. So if you keep track of the market daily, your heartbeat goes with the market 💓. The market volatility describes how risky the price goes. The higher volatility goes, the riskier it will have. Should you worry about volatility at all? Or should you have to check the market every day to see if it goes up 📈 or down 📉?
Here is the hint 🤫: you should not need to!
Crypto Addiction 🚬
Are you obsessing with cryptocurrencies? If you do, you may have a problem!
✔️ If your mood swings like the price chart
✔️ If your heart rate goes with the price chart
✔️ If your day depends on the price chart
You got a crypto addiction!
Well Being 🧘♂️
Many crypto investors have gambler syndrome.
✔️ If you try to beat the market
✔️ If you try to get rich quick
✔️ If you try to bet your money all-in
✔️ If you try to win your losses
✔️ If you are FOMO/FUD
✔️ If you heard little birdie tell you the best deal you should get into right now
You are gambling!
Mental health is more important than your profits.
You do not want to win one million dollars and spend it all for the later mental treatment process 😂.
Defensive Invest 🛡
My best experience investing in crypto is treating it as buying a lotto ticket.
There is no price chart for lotto, and it is pure gambling for fun.
The emphasis is fun but not gambling. You put away a fraction of the cost to exchange for a potentially huge gain, but such a fractional cost will not jeopardize your health and living standards.
The bottom line is that you do not want to trade off your mental health for cryptocurrencies.
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