I have been covering topics related to finance and crypto since 2017.
But I strongly believe this is the MOST important post to date.
Many of the people that I meet in the crypto space treat it as a tool to speculate and earn great returns on their fiat investments, without any regard to what are they speculating on.
Not understanding the fundamental value and purpose of the projects that you hold in your BAGS, in my opinion, is shortsighted, to say the least.
In turn, this ignorance leads these people to always miss out on the next great thing exactly the same way that they have missed out on Bitcoin at its inception.
I am not here to argue whether it's worth keeping your savings in crypto or in FIAT, you can guess my stance on this, but I would like to showcase the possibilities that crypto and DEFI in particular are bringing to us.
What would you say if I tell you that you can get a double-digit return annually staking your coins?
Not impressed?
What about providing liquidity for a triple-digit annual yield?
Too much risk?
Then maybe a pair of stable coins s stable coin, that could effectively replace your bank savings account with a nearly 20% annual yield?
My point is that opportunities are unlimited, you just need to spend some time to find them.