[quote=mamilli][quote=Jon Jones][quote=mamilli][quote=Jon Jones][quote=mamilli]YOLOd into liquidity mining afew days ago.Currently in the
SHUSHI kitchen with BAND-osaurus and Aave-boar on the menu awaiting to rug-pull Uniswap lol! Just when you thought ICOs were risky,but yours truly is willing to take one for the team.[/quote]
-88% in 5 days. You need to make 12X return just to break even. Pole mblo. This one clipped you badly. [/quote]
LOL! Inakaa hii maneno hushikanishi.Anyway in yield farming,you provide funds in liquidity pools of either LENDING/DEX protocols and in return you earn rewards from the accrued platform fees.The rewards are essentially AIR DROPS of native governance tokens in my case SUSHI(hio jina jo!).Some find value in "governance" tokens but I don't thus I sell them on daily basis.APYs are usually insane (>1000%)
been off loading around 100 sushi per day.Are there risks? yes,some very significant but I'll let you research on that.[/quote]
How convenient :-d :-d :-d [/quote]
Sorry I killed your excitement over my "heavy losses" :-) [/quote]
Really? :-d :-d :-d Hindsight is 20/20 and this is wazua. It's not a crime to admit you got roasted on that one. You can deny it here, but your P&L will always tell you the unadulterated truth. Losses are part of the game so don't be too hard on yourself. You live to fight another day. After all, you are probably still in massive profits in other coins. If you couldn't handle the drawdowns you wouldn't be playing this game anyway. Handle it like a man. Even the best of us get clipped from time to time and that's the name of the game.
You made good money on ETH and LINK when you invested early. You got too greedy too quickly and you got clipped in all your recent purchases like ATOM (-17%) and ANKR (-45%). The good news is that if you did not panic-sell, you will be back in profit soon. Don't shoot the messenger. Peace.
Since men have learned to shoot without missing, I have learned to fly without perching