/biz/ - Business & Finance

>>29415438
Uh, I just showed you an example
>>29415428 that's from one of my actual farms, dude. I "lost" $34 compared to if I just held ETH on its own but actually gained overall if you compare to what I initially put in. You're still making money if the price goes up - just a bit less than if you held the coin on its own. Your image and link aren't contradicting what I'm saying, I even gave you a real world example to back up my ass pulled one.

Your image is actually illustrating exactly what I'm saying. Take a look at how much money he started out with and now much he ended up with. Notice how $1048.81 is a higher number than $1000?

>>29355308
Except none of us have crystal balls to know what the next huge gain will be, dude. GRT crabbed at $0.30 for like an entire month after I bought it. I could have kept upping my position, but regardless of how confident I was in it, it doesn't mean I wouldn't be bagholding it for 3 years like LINK holders before it mooned. I was lucky it got a boost so early and I've been averaging up, but right now as it crabs AGAIN for another month,bi have my money making more money elsewhere. I don't think you're understanding - you take profits from one moonshot to put in another whole your others are hibernating. I've been gaining very nicely, not "diversifying myself out" of them. Hindsight is 20/20 but I've turned $5k into $50k since December alone because of Crypto. My stock portfolio hasn't been doing too good since the start of the year, though it did go from $20k to $25k. Still a. ice gain for the year but laughable compared to cryptos. All of this individual gains were huge, and they don't just stop gaining after you've finished mooning off them, dude. GRT will continue to raise, DOT will continue to rise, SUSHI will continue to raise, LINK will continue to raise, but you don't have a crystal ball to know WHEN they're going to pump. So if you're sitting on one shitcoin all day instead of diversifying then you're losing to opportunity costs.

While my GRT is still dormant, cause I'm not selling due to its future upside, I'm making a lot of money with Binance smart chain coins.

Again, cope harder bro. Gains are gains. Now you're saying I'm not making "enough" money. Like dude, riches aren't earned overnight - stable reloable growth is the best way to earn.

>>29179968
oh right, as opposed to spending $80 on a transaction that still takes 15 minutes to go through? lol...

>>29088070
I love seeing posts like this. It shows bow early we are because people STILL don't understand the mechanics behind farming. This isn't fucking new, bro. Even SUSHI and BAO had retarded APYs at the start. The point is that farming provides a fair playing ground for everyone to earl a lot during distribution phase. These tokens will be used for community governance, so it's important to widely distribute a mass amount of tokens so that even the little guy gets decent voting power.

Over time these pools will provide less APY because the more people enter the pool the more it disperses those eggs. This, you'll receive less of the total eggs minted every block proportionally, because there are more people to give them out to. Not only that, but there will be rate halvings in the upcoming weeks. Seriously, just look at Bao and their current APYs. If you compared them to a month ago, you'd see that pools they used to give 16,000% are now down to maybe 800% at most. Over time that number will get lower.

The only reason it's so high is because ARE EARLY. It's not difficult to understand. You'll get that rate now, but by next year they hilariously broken percentage will never be reached because the platform will have so many more users getting a piece of the pie and the rewards will have been slashed numerous times. If you're too scared to get in now, you'll fucking neck yourself when you see in 3 months that it takes an entire fucking month worth of farming to make what a single day currently nets you. Egg will have a significantly higher price too, due to the buyback mechanic and token burning features coming down the line.

Honestly I really can't believe they people are still having difficulty with this. This stuff is outlined in documentations. You guys DO read the documentation of projects before investing, right?

>>29086546
lmao nigga money is literally just numbers on a screen. How does it take time to "clear" a check? Fucking dumb ass boomers probably take 2 days to learn how to open an excel spreadsheet that has the balance. Are we in 1930??? lmao.