03-06-2021, 07:45 AM
(03-05-2021, 11:43 PM)Griffin Wrote:(03-05-2021, 05:02 PM)RTBoss Wrote: I'm having a lot of fun with crypto. Ever since Stage 1 of LTU6, my mind has been screaming, "CRYPTO CRYPTO CRYPTO!" I've had a lot of bad learning experiences during the last 6 months, and lost quite a bit of money to scams and other BS, but I learned a lot of important lessons that should serve me for a long time. More importantly, those "bad" experiences ended up leading me to some very good investments.
I'm really having a blast with Bao Finance right now. They just migrated to xDai Chain. You can take your ERC-20 tokens and send them to xDai using their OmniBridge, and then trade or provide liquidity for pennies! The APY's on "Bao Baskets" are simply insane. I just transferred my Celsius coin and provided maybe $150 of liquidity. Based on the Bao I just harvested, at it's current price of $0.0011 USD, I'm making $25 every 24 hours. What!? It's just going to increase, because I'll harvest more Bao.cx, convert it to xDai, and then provide more liquidity. I'll snowball it until I have a nice passive income going...
There's so much opportunity out there right now, it's pretty mind-blowing.
I get wat you mean, I started UMS v1 again, and crypto is definitely on my mind alot.
I have seen some videos on yield farms and such, but I get the feeling its kind of like a ponzi scheme.
So I am more looking into fundamental coins, that have real world use case that have little competition.
These are vechain(for supply line tech and big partnerships)
chainlink(and some bandprotocol, so I have both the biggest players in oracles)
payments systems tokens xrp and nano( there is also xlm but I don't have that one, you can't have them all haha)
Holo as a cloud hosting market(which this growing market desperately needs)
And finally my biggest stake right now is in cardano, I like the project, management and philosophy behind the project. Although I don't think this will be my fastest growing assest, I believe it has big potential.
Cheers
Bao makes money off of synthetic assets and data streams. Read their paper on medium, pretty impressive. Anyhow...
I own VeChain, XRP, Band, Chainlink, Hathor, and multiple others. I sold my ADA after drinking too much one night, lol - don't drink and trade!
An oracle coin I'd like to own is ORAI. Alas, like you said, can't own 'em all.
