Nice. Glad to hear your thoughts guys. Daniel i like

Question

Nice. Glad to hear your thoughts guys. Daniel i like

the way of stacking on cake but I'm lost with the last few words. On cake you use the DFI for stacking, the rewards you get are auto reinvested again. So what do you sell into fiat at the end?

#blockchain #cryptocurrency #defichain #english

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09.02.2022

4 ответов

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Sahin Автор вопроса

DanieL BaptistA
Hi! No, I keep increasing my stacking ammount only...

Bless you. Everybody deserve this kind of growth. I in the other hand did some stupid stuff when I just invested in cryptos on binance. Lost all my rewards because of being to emotional connected with the investments. And in fact it is money that I can miss. So that is the reason I switched to dex. And now I'm trying to make the most of these sweet APR rates man.

0

09.02.2022

DanieL BaptistA

Sahin
Bless you. Everybody deserve this kind of growth. ...

I can relate to that, when I joined the crypto world a few years ago I was victim of a scam, as many people, precisely due to my lack of patience and experience. Similar for sure to many users that are contacted here in the chat by DM for scammers impersonating mods and support, ending up giving them access to their funds to such unethical individuals. Don't desire that to no one. And that's why I am also so vocal against them also. I would say I learn my lesson the hard way. Needless to say, I learned with it that with investments, patience, leveraged by a good strategy, is key! Ok it's great to get rich overnight with a shitcoin, but that is like winning the lottery, it happens once in a lifetime and only to a handfist number of people. So stick with real opportunities, it may take some time and need more attention, but the end result will come and will even more appreciated. And so I started studying very well my investments and getting good at ignoring the small bumps that anyone must learn to do when thinking long term. And it was no different with defichain. When I found it, studied it very well and saw that this was one of those opportunities, and grabbed it. And I do not regret it 😁

0

09.02.2022

Sahin Автор вопроса

DanieL BaptistA
I can relate to that, when I joined the crypto wor...

Amen to that brother.👏

0

09.02.2022

DanieL BaptistA · Accepted Answer

Hi! No, I keep increasing my stacking ammount only through the rewards I get in defichain. The rewards that those then generate in Cake, those I withdraw into fiat money and use it to invest into buying real stocks, ETF's, Reit's, and in the near future, I hope to help paying some bills in a future rental property :) Diversification is key when it comes to investments. I made a considerate investment more than a year ago in defichain, for my standards, and when I achieved the triple of my initial investment, I withdraw my initial investment and since then, I have been only working with the rewards I obtained and reinvesting in several products to further increase the portfolio. And enable it to create me new sources of income :)

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Nice. Glad to hear your thoughts guys. Daniel i like

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