If you fail to prepare then you are preparing to fail.This is so true and many are just sheep following the masses. There is no safety in numbers as only genuine projects count.
Over the last month we have seen certain projects failing with Terra Luna the first and now seemingly Celsius. If the project doesn't work under all conditions then it is not an investment as it should be bullet proof.
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This tells a story all on it's own as the so called diamond paws are not that strong. What makes no sense is if something is viable when the markets are on the up then what is the difference when the markets turn? You are still earning APR and theoretically should be earning more now so many "investors" have bailed. The reality is these are not investors in the project long term and are only after a quick buck. This tells me how fragile the entire DeFi eco system really is.
The first rule of crypto is to invest only what you can afford to lose and how much of the TVL staked is a risk to so many? I haven't looked at my CUB for a while as that is along term investment and I am talking 5 years minimum.
When you understand the concept of compounding time is the key factor to make a success. This is what many fail to understand and are fair weather crypto investors which means they actually have no faith in what they are investing into.
Every single one of my crypto investments I have done some serious homework and am 100% comfortable in the selections I have made. There is no gambling involved or luck as the research has been done.
When you are investing in your future you cannot afford to gamble and personally would like to succeed. The 5 years or 10 years is a decent chunk of time and mistakes cannot be afforded as that time is crucial.
I have calculated on the few investments that I have that within 5 years with consistent staking those bags will be between 10 and 20 x the size they are now. That is the short term growth as the longer the "soak" the more you earn.
There are some really decent opportunities to be had as long as you do the DYOR and are realistic. If something shows 200% APR it may be too good to be true. Mine are all double digits and have been realistic by cutting them in half as I expect the TVL to increase at some point. My main investments are not in the DeFi eco system either besides CUB which I know the Leofinance team and there is no pressure either way. The investments I have are more about the token price going up in value along with the rewards earned.
It just looks like the investors are all fair weather investors and do not understand what they are doing. LUNA was a prime example as there were no fundamentals supporting it and expect the same from TRON's USDD which from all accounts is an identical replica of LUNA.