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Posts & Investments - #defi

Christopher Newell
@christopherSN
Sold Aurora CannabisInvested for 102 days
Lost21.81%
#defi
Tipped
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$ETH #ethereum could be worth over $5000 dollars by the end of the year according to this one analyst. He compares the project to REITs and Ethereum could one day be home to virtual #realestate . It is definitely the home of #DeFi .See more
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Added Solana to Watchlist
Ultra-fast and low cost, #network . #DeFi #Decentralized #IYKYK 🚀➡️👀
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Invested in Ether
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If you’re into #crypto , sharing this resource that I check out every year — Bloomberg Crypto Summit. It’s going on right now up until 3:30PMEST. If my memory serves me correct, recordings are available after. Listening right now to the Founder of FTX and just got finished hearing about Crypto Winter and Greenify Crypto. Free for virtual passes, still time to register! https://events.bloombergliSee more
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Invested in Chesapeake Energy
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Invested in Polygon
$ETH gas fees are extortionately high, making it impractical for many #defi transactions. $MATIC ’s fees rarely reach above one penny and its ecosystem is expansive. I can lend and/or stake $MATIC for a very solid yield via centralized and decentralized platforms.
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Saw this stat and wanted to get your thoughts -- "1 in 4 Millennials now using crypto to fund retirement.' - Investopedia Survey With there being Retirement products being made around #crypto , do you see this ratio staying the same or growing over the next 5-10 years? My take? Growing for sure. As more people learn and leverage crypto, they will understand their risk tolerance to better figure thSee more
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Usually share #crypto happenings in the evening… but this was something I wasn’t too shocked about and expected. When I saw the #SEC throw a lawsuit at #DapperLabs last year, I knew a shake up of some kind was coming down the pipeline.See more
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With tax season right around the corner, you may be wondering, how exactly will crypto created while it's being staked be treated by the IRS? The short answer: That is still being figured out, but there may be additional clarity on this issue soon. The IRS is not going to attempt to tax tokens created through staking going forward . . . but, and this is a big but, that is an administrative decisiSee more
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Here's a very crucial point for the new investor. You got to be able to sell in the green and take profits quickly as you buy in the red. If it's a hassle to take profits and you gotta wait for apps to sell and cash out, or you don't have stable coins, or no staking, You lose time and %%%$$$. There's some apps that make it easier 🤔 than others.... #DEFI #web3
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