Most people I know who own #crypto don't actually earn any interest on it.

This is a massive loss of free money. But people enter crypto for 10x and 100x gains, not for 10% on their crypto.

But consider this πŸ‘‡
- You are a crypto HODLer who believes your portfolio will 10x over the next 5 years.

- If you hold only $BTC and $ETH, you can probably get around 5% annually.

- If you hold large cap altcoins, 10-20%

- If you hold the degencoins I think you do, then 50-100+%

Keep reading.
Let's assume you get 10% on average on your bag of coins.

Over the next 5 years, that's 61%.
Over the next 10 years, that's 160%.

If your portfolio 10x in 5 years, you'll have missed out on 600%. If 10x in 10 years, 1600%.
For example, let's say you are HODLing $10,000 DOT.

According to stakingrewards.com, the current APR for $DOT is ~14%

If $DOT goes from $25 -> $250 over the next 5 years, you would have:

- $ 192,540 if you were staking
- $ 100,000 if you weren't staking
That's the cost of laziness 😬 Go stake your crypto ASAP.

Identifying the risks and finding a safe place to do it is on you.

#WAGMI

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More from @shivsakhuja

8 Dec
How to snag cheap $LUNA and $ETH below market value using @TeamKujira's Orca protocol πŸ‹

Here's an explanation of how it works, and a guide on how to use it 🧢 πŸ‘‡

#DeFi #Crypto #Cryptocurrency #Whales #Terra #TerraLuna #Cryptocurrencies
1/ You already know about setting limit buy orders to scoop up crypto when its market price dips. This is not what this guide is about.

This guide is about a new way to scoop up crypto for a (possibly hefty) discount to its current market price.

Read on..
2/ @TeamKujira's #Orca Protocol allows users to snipe crypto for cheaper prices when borrowers get liquidated. 🐳

This means you could buy $ETH or $LUNA for 10% less than its trading price.

Maybe even 20% cheaper. Or 30%. πŸ‘€

Here's how it works..
Read 18 tweets
8 Dec
How to earn 35%+ on #stablecoins - a step-by-step guide πŸͺ™ πŸ‘‡

#crypto #cryptocurrencies #yieldfarming #DeFi
1/ A few days ago, I wrote a step-by-step guide on how to earn 20% on $UST stablecoins using @anchor_protocol:

2/ You'll need to have a Fantom wallet set up in Metamask. Here's how you can set up a $FTM wallet πŸ’°

docs.fantom.foundation/tutorials/set-…
Read 11 tweets
7 Dec
An ecosystem I have really begun to like recently is Fantom or $FTM
πŸ‘»

Here’s a thread about $FTM , and why it's looking interesting right now: πŸͺ‘ πŸ‘‡

#crypto #DeFi #cryptocurrency @FantomFDN @fantom_daily @FTMAlerts #Fantom #smartcontract #blockchain
1/ $FTM is an L1 smart contract platform like $ETH and $AVAX.

The big benefits over $ETH are speed, scalability and low fees.

This is what most L1 smart contract competitors like $SOL and $AVAX offer, given that those are $ETH's biggest problems right now.
2/ From Fantom's website: β€œTransactions on Fantom are finalized in a second and cost a fraction of a cent.”

As a user of $FTM, I can verify that transactions are indeed really, really fast. It even makes $MATIC seem slow.
Read 15 tweets
6 Dec
Bridging your assets between chains is one of the most confusing and frustrating parts of the #DeFi experience.

This is a barrier that holds a lot of people back from participating in DeFi. Here are some solutions / workarounds I have found πŸ‘‡
1/ Use an exchange like @binance / @gate_io / @kucoincom.

This is the easiest method. Buy $LUNA / $FTM / $AVAX / $MATIC and withdraw directly to the chain of your choice.

@coinbase unfortunately doesn't let you withdraw to most chains except $ETH. Very frustrating 😑
2/ Example: If you already have funds in Ethereum network, I would probably do the following:

- Send $ETH to @binance / @gate_io
- Sell $ETH for $USDT
- Buy $MATIC with $USDT
- Withdraw $MATIC to Polygon network
- Use QuickSwap to exchange $MATIC for $ETH

πŸŽ‰ You saved ~$100 πŸŽ‰
Read 6 tweets

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