Post
Topic
Board Beginners & Help
Re: Reintroducing Myself!
by
MusaMohamed
on 30/10/2024, 08:52:49 UTC
DeFi projects can give you a good income as long as the price of Bitcoin increases and more investors join, they are in the jungle taking loans or investments and giving you profits from them, but things will change a lot when the prices start to fall and you may lose all your investments. Instead of investing in pools, it is better to buy a coin whose protocol supports POS and better than all of that, focus on investing in Bitcoin.
DeFi projects and their staking programs are like Ponzi. If money flow is no longer positive and considerable enough to lift token prices up, the Permanent Loss will gradually appear and become very big. In DeFi and Staking, if you are not early participants, risk of getting loss is bigger than chance of gaining profit.

Understanding impermanent loss
What is impermanent loss in crypto
How to avoid impermanent loss with 6 methods.

Impermanent Loss Calculators.
https://www.coingecko.com/en/impermanent-loss-calculator
https://whiteboardcrypto.com/impermanent-loss-calculator/
https://coinstats.app/impermanent-loss-calculator/[/li][/list]