DeFi & Crypto Tips
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DeFi Literacy. Resources, updates & channel AMAs. https://linktr.ee/CryptoFinally
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🔉 On Nodes: To be honest with you, I think that there is likely a great future for nodes in the defi ecosystem but this is something i've spent less time looking at. I fear that I will regret that. If you are someone who is interested in nodes I reccommend researching as soon as you can. If there are other aspects of the ecosystem that interest you more, look into researching those. When you find your thing, you find it. (⁉️⁉️ https://twitter.com/KnowYourCrook/status/1501972562330411013?s=20&t=7jb83f6HWYYBIUIB99YGAA)
🔉 On Hard Passes: I will not invest in evident low marketcap ponzis. I will not convince myself that I am early on a protocol that has been created by 3 guys in a living room somewhere. I will not invest in tokens with tax mechanisms on sales or farm in pools that take a percentage commision on my collateral when staking & unstaking. I don't use copycat protocols unless they serve a purpose, have TVL or backing. While I do have collateral, I want a 100x just like the next guy. The reasons for the hard passes are because of lost money, because its not worth the risk, and because I've realized - if you really want to give it all back, its extremely easy to do so. (⁉️⁉️ https://twitter.com/KingCoolMN/status/1501683088627277825?s=20&t=7jb83f6HWYYBIUIB99YGAA)
🔉 On Research & Investments: I love researching new projects, I am pretty much always researching to some capacity, but I am not always investing. The only times I'm really moving around my farms or reinvesting are when I'm uncomfortable in my positions, or see a good opportunity. Not all shiny things are good opportunities. Things that fascinate me are usually newer high TVL protocols, strong investment backing (strong investment backing, not like, your friend has a fund and they got in on the round), overall functionality and new expansions of tech; for example - I don't get excited by copycat AMM dexes, thats not something I really look into anymore. I'm always "chasing" because that's where the opportunity is, but you don't always have to be the first in line to take advantage of new opportunity. (⁉️⁉️https://twitter.com/KingCoolMN/status/1501682622270947331?s=20&t=7jb83f6HWYYBIUIB99YGAA)
🔗 Another great article to enlighten & scare you, this is a really good read Cred just posted this morning. *Not DeFi related, but I am going to keep sharing resources that I think will help you to navigate the market safely. https://medium.com/@cryptocreddy/conceptualising-capitulation-25993e40c7f8
^ i hope u read these when i sent them gg - be safe for now
Hey guys. Still here, hope you are too & that everybody is surviving right now.

Over the past few months we've seen an increasing need to understand self custody, that is, removing the need for centralized exchanges & the associated risk of custodying funds in the wild west. People need DeFi.

If you can still see me on twitter (I'm a ghost), you've seen I'm talking a lot about creating a DeFi literacy guide, at which point I will also become more active in this channel. I am well in the process of the guide right now & am looking for feedback on what you want covered.

🔉 If you have any questions / fears / concerns about DeFi, getting started, risk management, understanding protocols, black swan events, anything - please ask in the attached Tweet. https://twitter.com/CryptoFinally/status/1590755179389136896?s=20&t=3Xm0lCkcALks741K_aZTow
Gm everyone, I've finished up work on my DeFi resource guide & have made it publicly available on my website, you can see it anytime at cryptofinally.io/defi-hub-start-page

I hope that this can be a useful tool for you to learn more about Web3 & how to DYOR. As I have released this landing page, I am going to maintain this group for *important announcements* about the DeFi landscape, helpful resources and AMAs only.

If you find DeFi Hub helpful, please help me in sharing the resource on social so more people can have access to it. Thank you!
GM everyone! As a follow up to the DeFi guide, which I hope you've found helpful, I'm going to be answering some Q&A questions - Anything regarding the DeFi ecosystem.

I know I don’t speak in here often, but you don’t need someone to hold your hand, you don’t need a weekly newsletter, you don’t need alpha, you need open source tools. I’m just here to help your process.

Anyone can be better at this than I am, in fact I expect you to be, we all have the same set of tools here and that’s what makes DeFi important. A friend taught me how to swap tokens on Uniswap, and everything after that I did on my own. Nothing is stopping you.

So I encourage you, if you have questions that are going to benefit your skill set, please ask on this Twitter thread, and if you've found any of these resources helpful plz do me a favor & share the post. https://twitter.com/CryptoFinally/status/1629095498849128449?s=20