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50551506 No.50551506 [Reply] [Original]

I'm wondering why some crypto projects fail

>> No.50551519
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50551519

>>50551506
Rich people talk like this
Poor people talk like that!
When rich peoples power goes out they pan~ic
When poor peoples power goes out they plan~it~

>> No.50551555

>>50551506
Haha this face

>> No.50551585

>>50551519
Seems you pretty Rich

>> No.50551604

Because most are like penny stocks. Simple as.

>> No.50551615

>>50551555
He seems hungry dude

>> No.50551620

>>50551604
How do you mean anon

>> No.50551626

>>50551506
>I'm wondering why some crypto projects fail
the secret they havent told you yet is that every coin is a shitcoin, the world can function perfectly without a single blockchain, the moment any project claims theyre solving a problem or they have a "working product", abandon ship.
"crypto" will be around for a very long time as part of the great resets cashless society theyre in control of, crypto as we understand it today will not be.
that doesnt mean we cant get rich in the meantime or that these coins dont hold value, the entire market is driven by more esoteric forces like hope, speculation and greed, which are the most powerful driving forces in any persons life and thus the coins are given value simply by people participating in the market and dreaming.
youve just got to learn how to surf

>> No.50551650

>>50551620

There's a lot of scammy bastards out there.

Nuff said.

>> No.50551653
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50551653

>>50551506
Stop crying, pajeet. I'm sure that you've invested your funds in shit and trash coins. Choosing Defi projects will improve your life.

>> No.50551698
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50551698

>>50551653
Most defi are vaporware. Product matters. Think on that jeet

>> No.50551705

>>50551650
wtf do you mean? Are you are scammer

>> No.50551739
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50551739

>>50551698
Are u dying of cancer or something? Those that support stable staking looks fundamentally solid ahead. This what i look for in every platform i visit.

>> No.50551755

>>50551739
Learn to read pleb. Most will die a slow death. It's already happening. Only the sold ones will survive.

>> No.50551776

>>50551626
a word is enough for the wise

>> No.50551795

>>50551755
I agree with you when you said solid ones. Freeway for instance reduces transaction fees and redistribute as extra rewards to users who stake on the platform

>> No.50551798

>>50551653
DeFi projects like Equilibrium anon, their bailout mechanism will save the borrowers as whenever they get a margin call, bailsmen take over their debt obligations. Think of that.

>> No.50551820 [DELETED] 

>>50551795
The best thing to do now is to stake. That's all I have to say about this.

>> No.50551843 [DELETED] 

>>50551795
Staking is the way to go in this market. That's all I have to say to this

>> No.50551850

>>50551798
You must have missed the Celsius news. Keep borrowing and keep staying poor.

>> No.50551888

>>50551626
I object, but only if you clarify what you mean when you say "shitcoin." I purchased ETH using the large sums of money I made from some defi projects last year. I now have it staked.

>> No.50551937

>>50551798
I'm getting multiples of what you getting from Freeway supercharger staking. DYOR anon

>> No.50551980

>>50551888
Nobody in their right senses would call eth a shitcoin. And staking and DCA is the way to go

>> No.50551999

>>50551937
I stake on binance as well. Mostly stables and ETH for now

>> No.50552000

>>50551820
This is exactly what smart investors are doing. Imaging staking in a platform and getting rewards in crypto and fiat. I don't think anything beat that atm

>> No.50552026

>>50552000
What beats that is a project that could do a 10x in one night. Now where to find it; that's the problem.

>> No.50552031

>>50551980
Oh yeah, If you care about passive income, welcome to the hub

>> No.50552068

>>50551888
Shit tokens are everywhere, don't be a pleb. It's there in defi. Research and passive income will save your life.

>> No.50552096
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50552096

>>50551999
Binance apy for stable staking is not encouraging. I think you should look else where anon

>> No.50552111
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50552111

>>50552000
You missed the fist staking itself. Projects are stepping up their game.

>> No.50552132

>>50551850
Most of itkinds that depend on crypto as a major source of income to keep the process running will face the same fate. Plebs will never learn.

>> No.50552139

>>50551506
they dont "fail" anon, they're were always scams

>> No.50552189

>>50552031
The only real profit this year has been from staking, especially stables

>> No.50552210

>>50552096
>Binance apy for stable staking is not encouraging
But it is among the most reliable ones, even if the offering is negligible.

>> No.50552235

>>50552096
Yeah it's about 10%. Manageable, but not really something to break into cheers about

>> No.50552240

>>50551999
Their apy is low boboso and they lock up your assets. How are you jeets comfortable with that?

>> No.50552282

>>50552210
What exactly makes it more 'reliable' than the others? Security? Liquidity? Everyone can lose liquidity at any time

>> No.50553264

>>50552282
>it is among the most reliable ones

Junk can't read.That doesn't mean there aren't other reliable ones with a robust model and a source of income.

>> No.50553362

>>50552096
Most cedefi platforms offer one of the best APYson major crypto assets I've come across. My concern is sustainability.

>> No.50553738

>>50551653
The rates of hacks in Defi are alarming anon. I'm anticipating the delivery of protocols that would bring privacy to defi and keep sensitive data away from hackers.

>> No.50553973

>>50553264
Yeah this is true. And there are ones with way better APYs than Binance's APY.