/biz/ - Business & Finance

>>30195982
And this is why I trade crypto

>>30195982
don't forget -

- stockmarket opens at 9 and closes at 4
> crypto is 24/7
- closes in the weekend
> crypto is 24/7

TradFi just feels like a huge fucking scam. if you first learned in the crypto market and then went into stocks. you'll know the feel. Crypto is more fair than stonk market.

>>30196117
/thread
(You) are literally not allowed to make it in legacy finance

tradfi borrowing:
>takes weeks to get loan
>need to supply tons of documents to lender
>need good credit score
>if you dont pay they harass you

defi borrowing:
>go to website
>connect wallet
>type how much you want to borrow
>click button
>funds arrive in wallet in 15 seconds

tradfi lending:
>0.5% "high interest savings account"

defi lending:
>10-15% safe interest rate
>40+% with crazy farming protocols

>>30196132
It is brutal.
>before hours
>after hours
And the weekend closure is just insane. It must be because of the sabbath.

>withdraw from my silver stack
>Takes 3 seconds for me to walk to the lockbox

>>30196132
This. Can't imagine anyone moving from crypto to stonks now that we have DeFi. It's boring, slow and you have to watch boomer news. I thank link marines on this board for getting me into crypto, otherwise I'd probably be listening to boomer news, watching my boring af stonkfolio.