Guys, today I wanted to tell you about a currently highly volatile and prominent project we've already made thousands percents of profit with â #PENDLE.
It may be in the center of attention in the upcoming bull run since it is connected with DeFi sphere... How?
It is a decentralized protocol that allows you to tokenize income in the field of DeFi and trade it.
The project allows participants to use sophisticated yield management strategies by dividing assets into two types: basic tokens (PT) and yield tokens (YT).
This mechanism allows you to get both fixed and variable returns using the automatic market maker version from Pendle (v.2).
Pendle's goal is to stand out from other similar projects by tokenizing DeFi returns, which allows you to bet on yield fluctuations.
That's why it is called Pendle â cause it is concerned with fluctuations, like a real pendulum đ
We're currently in short with #PENDLE, as you see, but we'll definitely reverse it when the proper time comes! âșïž
Hint: you may read about other promising projects by clicking on hash-tag in the beginning of this article đ
đąđ Why You Shouldnât Invest Your Entire Income in Crypto đđą
A follower recently told me they were planning to invest their entire salary in cryptocurrency. This is a dangerous strategy that can lead to financial ruin, leaving you with empty pockets and no savings.
Investing a portion of your income in crypto and stocks can be a smart move. However, putting all or most of your earnings into these volatile markets is extremely risky. Cryptocurrencies can offer high returns, but they can also result in significant losses. Investing a large portion of your income can expose you to risks you may not be emotionally or financially prepared to handle, leading to costly, emotional mistakes.
During the last bull market, I witnessed many people lose three to twelve months' worth of salary by investing recklessly. They often bought at high prices and sold at lows, driven by fear and greed. Donât let this happen to you. Protect your financial future by avoiding the temptation to go all-in.
Crypto enthusiasts may disagree with this advice, believing that cryptocurrencies are invincible and carry no long-term risks. However, this is a misconception. The key is to invest wisely, take profits strategically, and re-enter the market during the next favorable cycle.
This is my personal opinion based on experience. If you found this advice helpful, please like, comment, share, and subscribe. Your support helps me continue providing valuable insights about the crypto market. You can also tip to support my work. Thank you for reading! #BinanceHODLerBANANA #ETH_ETFs_Approval_Predictions #HamsterKombat
I don't know what you people are thinking, but most traders are pulling out their money because of the news about Warren Buffet. đ He has pulled out all his stocks due to a severe #GeopoliticalUncertainty ahead.
Here's my point of view: we all know that Warren Buffet is like the king of stocks and had almost $250 billion in stocks.
He pulled out all his stocks at a good price. But there's a point to consider: when someone moves such a large amount of stocks, it will probably cause a #DumpandDump , and further dumping will be created by the Iran-Israel escalation in the Middle East. I personally believe that the market will recover from it, just as it did during the Russia-Ukraine war, which is much closer to Europe and more severe, but the market survived it.
đŽ The point is, why did Warren Buffet sell his stocks? Well, that's simple. He already got the profits while the market was on a bull run, and now he will come back right after BTC hits the bottom and make billions again.