RE: DeFi Minting Millionaires
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I tend to be a bit more careful when it comes to investment so I also prefer the safer investments. Why? Because if you lose 20% of your investment, you need 25% to get back to break-even.
This is why choosing your investments wisely is a good idea. Even if something has a 1,000% APR, if its value drops by 100x then you will lose money. But yes if you get into good Defi Farms, then you can easily earn 100x your initial investment.
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That is definitely real math that you are spewing.
I would not go into defi with anyone except the LEO team.
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Yea you definitely need to do a bunch of research before deciding where to invest your funds. There are just as many scams out there because of the money involved (since they can just spin one off open source code).
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