coinbase
@coinbas
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coinbase
@coinbas
You still have to focus on what you are good at. Whether it is the NFT market or the games on the major public chains, it is a stage of paying money and accumulating experience. Next, narrow your battlefield and focus on the areas you are good at. Part of the positions are holding spot altcoins, part of the positions are low-leverage coin-based positions, and a small part of the high-leverage BTC/ETH/SOL contracts! (Can't control your hands) This bull is still there. You can always gain something at the end of the bull market, as long as you grasp the rhythm and control your greed. Slow is fast. The faster you want to be fast, the more unstable you are, because your experience and mentality may not keep up.
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coinbase
@coinbas
The altcoin contract has suffered serious losses. I really need to reflect on how to control the losses! If you continue to lose money in a place where you have been losing money, it means that you are not professional enough and have insufficient experience. You are not suitable to continue to participate in the game here and you have to quit. I have also been reflecting on the high-yield operation of the last round of bull market contracts. In fact, I have been focusing on BTC/ETH contracts, rolling positions + hedging, and occasionally assisting a small wave of altcoin contracts. In fact, most of the profits come from the former, not the altcoin contracts...
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coinbase
@coinbas
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coinbase
@coinbas
Liquidity risk: DeFi protocols rely on liquidity providers. Any sudden withdrawal of liquidity (such as whale behavior) may cause market imbalances, increase transaction costs or trigger liquidations Market risk: The functions of many DeFi platforms rely on other mainstream cryptocurrencies, such as Ethereum. The prices of these assets may be highly volatile, causing losses to users, and in serious cases, may have a significant impact on the DeFi ecosystem.
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coinbase
@coinbas
1. The main risks faced by the DeFi field: The security of the underlying smart contract of the protocol: This is the biggest risk in DeFi. Smart contract vulnerabilities may lead to attacks on the protocol and theft of funds The reputation risk of the project party: The project party may run away (rug pull) and other situations, affecting the security of user funds Regulatory risk: As the scale of DeFi expands, the attention of governments and regulators in various countries increases, and it may face stricter regulatory requirements in the future, involving compliance issues such as KYC and AML
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coinbase
@coinbas
Congratulations to @okx for obtaining the Singapore MPI license, which is also a sign that the crypto platform is constantly moving closer to compliance. The license is a major payment institution (MPI) license issued by the central bank. According to the announcement, OKX SG can provide digital payment tokens and cross-border remittance services, including the buying and selling of cryptocurrencies. From the UAE's VARA license to the Singapore MPI license, OKX is moving step by step towards global compliance, making cryptocurrencies a new force in the global financial market.
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coinbase
@coinbas
Btc Ecological Project@SolvProtocol Completed a new round of financing, which is my favorite vc project in btc Ecology
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coinbase
@coinbas
🎁 Draw 1GTD+5FCFS for @orditoons The 240 Toons series has three different characters, each with their own unique background story, who together bring excitement to the Ordinal blockchain. Supply - 240 Coin price - TBD Simple task: Follow ➕ enter dc ➕ leave address
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