/biz/ - Business & Finance

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Staking on Goose Defi Anonymous Fri Mar 5 23:26:30 2021 No.30325689 [Reply] [Original]

I have a small crypto portfolio, around 23k. Doing the math of daily compounding if I stake like 7k I can more than 2.5x in 3 months. Am I retarded? I know there is risk but how much would you trust the platform with 1/3rd of your life savings? I just want to fucking make it guys. And yes 95% of my net worth is crypto - I started with 5k a year ago.

I know there was egg fud with devs dumping but that doesn't really say too much about staking on their site... right? Right?? Risk vs reward is crippling.. what's your two cents

>>	Anonymous Fri Mar 5 23:30:28 2021 No.30325844 >>30325689 >around 23k you could've been a 6 digit portfolio by EOW on Goose. Shame!

>>	Anonymous Fri Mar 5 23:52:40 2021 No.30326825 /biz/ what's the best move when egg2 launches?

>>	Anonymous Fri Mar 5 23:54:52 2021 No.30326912 >>30326825 Slippage to absurd amount. Buy GG2. Sell 12 hours later.

>>	Anonymous Fri Mar 5 23:56:58 2021 No.30326997 >>30326912 What about incubator? Should we take the eggs from incubator gg1 and put them in incubator gg2? Considering the first 24hours pump

>>	Anonymous Fri Mar 5 23:58:20 2021 No.30327060 >>30326997 Sell EGGs for GG2

>>	Anonymous Sat Mar 6 00:23:32 2021 No.30328037 Egg itself is too volatile fucking 60% swings in a day, I just want to stake my comfy coins like btc eth and stuff... can someone tell me if this is a bad idea that's all I care about not putting my life savings in a food coin

Anonymous Sat Mar 6 00:23:41 2021 No.30328046

>>30325689
risk is that egg tanks because devs couldn't control inflation and you're left staking worthless eggs, or devs dumping. who knows at this point, you'd basically have to trust in their layered farming idea to keep egg afloat to make staking/farming worth the risks.

>>	Anonymous Sat Mar 6 00:25:47 2021 No.30328128 >>30328046 Just to be clear I'd be staking my btc eth dot and stuff, and cashing out eggs daily then compounding to my initial coins. Don't want to buy 7k worth of egg that's not my plan

>>	Anonymous Sat Mar 6 00:27:00 2021 No.30328166 >>30328128 Yeah, a lot of noEGG whales are on the TG. They follow the strategy you mentioned. One whale farms with 250k of DOT.

>>	Anonymous Sat Mar 6 00:28:35 2021 No.30328219 >>30328166 Hm... degenerate gamble or?

>>	Anonymous Sat Mar 6 00:30:43 2021 No.30328281 >>30328219 Nope. The code is audited twice. The APR is nice. What's not to like?

Anonymous Sat Mar 6 00:31:29 2021 No.30328312

>>30328128
several people have done that, yeah. egg seems "safe" enough for now, as in tomorrow I don't expect it to bottom out to like $1 or some shit like the dozens of bsc food shitcoins I've seen where it died in less than a day, or that i'll wake up tomorrow and find all the pools drained because devs rugpulled. they seem committed to the layered farming idea so you could most likely make back your initial deposit within the next two weeks or so. after that though who the hell knows.

>>	Anonymous Sat Mar 6 00:38:45 2021 No.30328539 >>30326825 Bump i want your guys opinion

>>	Anonymous Sat Mar 6 00:39:56 2021 No.30328589 File: 44 KB, 640x640, 1610962127240.jpg [View same] [iqdb] [saucenao] [google] >>30328539 I already told you.

>>	Anonymous Sat Mar 6 00:41:38 2021 No.30328647 >>30325689 hold egg in incubator, cash out ggx daily, if egg moons, cash out and wait for a dip after ggx returns are not as good, buy back in with house's money, continue to gamble with this and others till the meme is over

>>	Anonymous Sat Mar 6 00:42:59 2021 No.30328686 >>30328046 I mean this is basically Cake with a better token structure. Cake has held up better than I ever expected.

>>	Anonymous Sat Mar 6 01:27:32 2021 No.30330210 >>30326912 How much slippage exactly? I'm considering 15%

Anonymous Sat Mar 6 01:53:31 2021 No.30331116

>>30325689
Do yourself a favor and look up Certik Shield. Then go to Goose’s profile for Certik and check if they bought the shield. Is it safe? Who knows but the shield will tell you what’s up. The other risk is if EGG value is gonna drop. DYOR if you think egg will drop anytime soon or if it will go up. It’s always better to diversify to be safe, but rich people don’t get rich by doing what other people do.

>>	Anonymous Sat Mar 6 01:54:31 2021 No.30331156 >>30328589 Flower Queen of biz

>>	Anonymous Sat Mar 6 02:19:48 2021 No.30331942 >>30326825 i dont know if ill bother buying in. im going to try staking eggs for gg2 rewards instead

>>	Anonymous Sat Mar 6 03:09:59 2021 No.30333348 >>30331942 Probably going to do the same

>>	Anonymous Sat Mar 6 03:11:47 2021 No.30333405 All farms are a Ponzi scheme. Goose was smart enough to extend the ponzi but eventually it will collapse.

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