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/biz/ - Business & Finance

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22780052 No.22780052 [Reply] [Original]

I am financially destroyed

>> No.22780314

>>22780052
Good, we tried to warn you. This yield farming shit is dumb and the devs just keep adding useless coins to farm to keep bagholders hopes up.

Farm YFV so you can farm VALUE so you can farm vUSD and vETH all of which do nothing.

>> No.22780563

>>22780052

I never thought such levels of JUST were possible. Well it might at least reverse the downward trend in a 3 weeks or so when all the VALUE is farmed and both Value Liquid and the Value Vaults are fully operational. What is it down like 94% or something. It was fucking amazing to farm and I managed to stop right before it dumped from 14 to present. I have 1000 I'm never selling and will just sit in the gov vault for the end of time

>> No.22780583

>>22780314
For 35 YFV, you can earn .10 Value a day. Much better than dividend stocks.

>> No.22780625

I think it could still be profitable long term. But I’ll be a bag holder anyways so might as well accept it.

>> No.22780851

Nothing to really do at this point but hold. I just need it to hit 18 to get out with my initial.

>> No.22780902

>>22780851

There are soooo many bagholders waiting to exit I am afraid it will take a LONG time.

>> No.22780915

The reason why YFV price dumped is from the farmers that farm YFV itself through the pools, then dump for profit. Sitting in the GOV vault is cool bc of the move to VALUE over YFV

>> No.22781052

>>22780583
There's no point earning something that falls by 20% a day retard

>> No.22781095

The discord for this is full of literal drooling retards and pajeets. Absolutely massive sell signal, even before the price tanked.

>> No.22781329
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22781329

>>22780052
I farm about 6 value every day. Still the total amount in usd is the same everyday. Why in the bloodiest of fucks does it drop 20% every fucking day?

>> No.22781372

>>22781329
Because everyone is farming X amount per day and selling.

Simple economics. Supply is greater than demand and has been for a long time.

>> No.22781433
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22781433

you didnt listen

>> No.22781519

>>22780902
True. I think the majority bought higher than 20 though.

>> No.22781603

I dropped this while it was still $25. Holy fuck why did I have to choose YFV over the other clones? This was one of those lessons I had to learn the hard way. I fomo'd and paid the price for it.

>> No.22781692

>>22781603

I was deciding between this or YFL. Lmao. I fucked up oh well. I didn't even buy really but had I farmed YFL I'd have so much fucking money. The irony is I was positive YFL was a scam after the cringe as fuck medium article they posted went they first went live. Mean while I think YFV isn't a scam just poorly executed

>> No.22781723

>>22780563
same, farmed stack, all them now in gov vault
i wait and see... nothing lost but only cas costs if all goes shit

>> No.22781742

The only Y worth looking at is YELD. No silling

>> No.22781851

>>22780902
This worries me lmao, so many bagholders absolutely sick and tired of this coin, they dont even want to profit anymore, once they break even they ditch

>> No.22782365

what happened to
>just HOLD
>it's gonna go to 500$
?

>> No.22782403

>>22780583
bs. I'm staking 250 yfv, earning 3 VALUE a week.

>> No.22782439

>>22781372
you can't farm YFV anymore.

>> No.22782476

>>22781723
there’s a thing called opportunity cost

>> No.22782489

Huobi will not support yfv migration, value liquidity is a scam (the volume is only whales that farming and sell), and Value is at 4.86$, if you buy yfv now mean buy 1 dollar more the real value, unironically this shit is going to 0, they killed the project, defi in bear market are already bearish, with 2 inflationary token with 1 that will die this shit is going to die. Huobi not give a fuck about transition, they will simply delist and you will die with selling value at 2$ on uniswap with only sell volume available of retards that sill try to sell value. Thats is what will happen retards.

>> No.22782518

>>22781692
My choice was also between this and YFL. Unfortunately this shit was shilled harder and fell for it. I could have bought a house if I had chosen YFL

>> No.22782563

>>22782365
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>> No.22782626

>>22782403
.1 value a day = .7 value in a week. What exactly are you claiming is BS?

>> No.22782657

>>22782626
it's bs that >For 35 YFV, you can earn .10 Value a day.
staking 250 earning 3 value a week.