Comment · Sun, February 7, 2021 · ND Owner
MisterYouAreSoDumb
Original post in this thread
M30MM100 · 183 points
I just want to say thank you to MisterYouAreSoDumb. The man is incredibly knowledgeable, highly professional, levelheaded, and a tremendous asset to the nootropics community.
He can undoubtedly retire and spend the rest of life operating a coconut farm on a tropical island but he’s on a mission and continues to serve the community.
P.S. MYASD - I read your message the other day about Bitcoin stressing you out - try not to stress about Bitcoin 😉 I’ve been in it since 2013 and I won’t start selling until it’s north of 100k 🙂
What they were answering
_keeptrying_ · 1 points
man. you are missing the defi revolution then. plz look into projects like aave, uniswap, yearn finance, synthetix.
u/MisterYouAreSoDumb · ND Owner
Is that where you loan your coins out and make interest on them? Remember, I am OG crypto from the very beginning. The saying was that if you don't hold your private keys, you don't actually own the crypto. I've had hundreds of thousands of dollars in crypto stolen from me in hacks, exchanges shutting down, services going out of business, code exploits, etc. I am very untrusting these days. I prefer the security of holding my private keys to making little bits of interest on my crypto. Seen too much shady shit to trust anyone. For instance, I just Googled and found this.
https://www.coindesk.com/yearn-finance-dai-vault-exploit
Exploit found in Yearn Finance caused $11M to be drained.
Another
https://atozmarkets.com/news/37-million-seth-drain-synthetix-hack/
I like simple. I buy and hold for a long time. Trading stresses me out too much. Lending my coin out for interest would stress me out too much, too. It's still the wild west out there. Nobody will come to save me if I get my shit stolen.