What is Decentralized Finance?: And How Does It Relate To Cryptocurrencies? (MFI Series1, #57) / MFI Series1 (ePub)
Understanding a few stocks is much easier than the entire...
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Many people misunderstand the difference between cryptocurrencies and decentralized finance (DeFi). Cryptocurrencies are like stocks, and DeFi is like the banking system.
Understanding a few stocks is much easier than the entire traditional banking system.
Yes, there is a lot of money to make by interacting with DeFi; however, the risks are significant. If you don't understand the world of DeFi, spend a year learning.
People assume getting rich in cryptocurrencies is about day trading. However, the people who made the most money were buy-and-hold style investors.
To succeed in Crypto and DeFi, take the long approach. Educate yourself, mitigate risks, protect capital, and make well-thought-out moves. Avoid FOMO!
- Autor: Joshua King
- 2022, Englisch
- Verlag: Joshua King
- ISBN-10: 8201214021
- ISBN-13: 9798201214029
- Erscheinungsdatum: 02.02.2022
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- Dateiformat: ePub
- Größe: 1.06 MB
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