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ÁngelTarot
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The dangers of two good ideas🚨🚨🚨 $MORPHO $BANK $USD1 Before I start, I must clarify that I know I am writing against the current and it feels like The Great Wave off Kanagawa, the famous print by Katsushika Hokusai. But I can't help but think of the saying: "The road to hell is paved with good intentions". The cryptoasset sector is based on trust. The concept of a transparent, decentralized, and public Ledger. Built page by page (block by block) was the seed that managed to build it. Without it, there would be no DeFi or Yield Farming. MORPHO and LORENZO Protocol are very good ideas and are surely conceived with the best intentions. But both have that back door that allows the entry of the demon of financial derivatives based on debt. And I will tell you how: The packaging of CeFi financial products based on credit and debts (including real estate) via RWA Tokenization, which is used as leverage, collateral, or in the integration of OTFs (don't even think about the synergy that can be obtained from the formation of new tokens based on the cross-relationship of the three mentioned concepts). Well, it would be nothing more than another financial product with "sophisticated yield strategies" on-chain. The issue is that they provide apparent liquidity with inflated assets (based on potential collections). Which are the support of the entire structure. It is adding high volatility to a highly volatile market. For character limit reasons, I must cut off here. Let me know in the comments if you want me to continue contributing new posts on this topic. #TakeYourMoneyAndRun
The dangers of two good ideas🚨🚨🚨
$MORPHO $BANK $USD1
Before I start, I must clarify that I know I am writing against the current and it feels like The Great Wave off Kanagawa, the famous print by Katsushika Hokusai.

But I can't help but think of the saying: "The road to hell is paved with good intentions".

The cryptoasset sector is based on trust.
The concept of a transparent, decentralized, and public Ledger. Built page by page (block by block) was the seed that managed to build it. Without it, there would be no DeFi or Yield Farming.

MORPHO and LORENZO Protocol are very good ideas and are surely conceived with the best intentions. But both have that back door that allows the entry of the demon of financial derivatives based on debt.

And I will tell you how:
The packaging of CeFi financial products based on credit and debts (including real estate) via RWA Tokenization, which is used as leverage, collateral, or in the integration of OTFs (don't even think about the synergy that can be obtained from the formation of new tokens based on the cross-relationship of the three mentioned concepts).

Well, it would be nothing more than another financial product with "sophisticated yield strategies" on-chain.
The issue is that they provide apparent liquidity with inflated assets (based on potential collections). Which are the support of the entire structure.
It is adding high volatility to a highly volatile market.

For character limit reasons, I must cut off here.
Let me know in the comments if you want me to continue contributing new posts on this topic.
#TakeYourMoneyAndRun
See original
📢The dangers of good ideas🚨🚨🚨 (continuation) $USD1 $FF $USUAL In past articles, I asked, "How much is a dollar worth?" 🫵 And a good answer would be: "the same as a stablecoin." And if dollars (like all fiat money) are nothing more than printed promises... What are stablecoins? And that leads me to wonder and ask you: Why are there more and more stablecoins and projects associated with them? Liquidity pools would exist without stablecoin, but their volatility is greater and their capitalization very diffuse. By pegging to a stablecoin, that impact is reduced. A high-interest account based on stablecoin is still a good investment with high liquidity and reasonable capitalization for reserve accounts (outside of traditional finance). Realizations of profits in hybrid CeFi-DeFi projects made with stablecoin are more tempting for traditional investors than realizations with native tokens. The mentioned are just a few situations that show the use and potential of stablecoin. And why there are so many projects interested in its generation and tokenization... Who wouldn’t want to have the machine to print wealth? ⚙️ (📢 especially if you charge fees for its use🤫) The key (and the difference between projects) lies in collateralization and audits 👁️🔎 And also the risks... #TakeYourMoneyAndRun
📢The dangers of good ideas🚨🚨🚨 (continuation)
$USD1 $FF $USUAL
In past articles, I asked, "How much is a dollar worth?" 🫵

And a good answer would be: "the same as a stablecoin."

And if dollars (like all fiat money) are nothing more than printed promises...
What are stablecoins?

And that leads me to wonder and ask you: Why are there more and more stablecoins and projects associated with them?

Liquidity pools would exist without stablecoin, but their volatility is greater and their capitalization very diffuse.
By pegging to a stablecoin, that impact is reduced.

A high-interest account based on stablecoin is still a good investment with high liquidity and reasonable capitalization for reserve accounts (outside of traditional finance).

Realizations of profits in hybrid CeFi-DeFi projects made with stablecoin are more tempting for traditional investors than realizations with native tokens.

The mentioned are just a few situations that show the use and potential of stablecoin.
And why there are so many projects interested in its generation and tokenization...

Who wouldn’t want to have the machine to print wealth? ⚙️
(📢 especially if you charge fees for its use🤫)

The key (and the difference between projects) lies in collateralization and audits 👁️🔎

And also the risks...
#TakeYourMoneyAndRun
See original
Fairy Tales 🧚 $PEPE A very commonly used resource in children's stories is the figure of the talking toad who is actually an enchanted prince. Everyone knows him. I won't bore you with structural (Propp) or psychoanalytic (Betheleim) analyses of the tale 😴 I will only mention that the longing for something horrendous and despised to transform into something valuable and scarce is deeply rooted in our psyche 🫵 I can't help but refer to these thoughts every time I hear or read that PEPE will be worth a dollar (or more). Something as improbable as the fantasy of the structural burning of tokens with each trade of the little toad. That PEPE is worth its 0.00000392 of usd has its reasons. It is possible that it could fluctuate within 0.00000 and perhaps even climb a step and go to quote in the range of 0.0000 It is also true that other memecoins are quoted at several cents of dollar (DOGE) or more (TRUMP). And the first ETF (DOJE) even came out 🤦 But consider the following: What would make PEPE worth cents of dollar when much more solid and coherent projects barely touch 11 cents (ALGO-HBAR). Why would it be worth a dollar when XRP is worth 1.8 dollars and everyone is lighting candles so it doesn't go back to 50 cents? Why risk investing your savings by buying PEPE? 💸 I know that fiat money is just a promise (and maybe a bubble waiting to burst)... but PEPE is not fiat. Although it dreams of becoming that blue prince. So when someone tells you how you will become a millionaire by buying PEPE, take your money and run... as fast as your legs can take you. #TakeYourMoneyAndRun
Fairy Tales 🧚
$PEPE
A very commonly used resource in children's stories is the figure of the talking toad who is actually an enchanted prince. Everyone knows him.
I won't bore you with structural (Propp) or psychoanalytic (Betheleim) analyses of the tale 😴

I will only mention that the longing for something horrendous and despised to transform into something valuable and scarce is deeply rooted in our psyche 🫵

I can't help but refer to these thoughts every time I hear or read that PEPE will be worth a dollar (or more).
Something as improbable as the fantasy of the structural burning of tokens with each trade of the little toad.

That PEPE is worth its 0.00000392 of usd has its reasons.

It is possible that it could fluctuate within 0.00000 and perhaps even climb a step and go to quote in the range of 0.0000

It is also true that other memecoins are quoted at several cents of dollar (DOGE) or more (TRUMP).
And the first ETF (DOJE) even came out 🤦

But consider the following: What would make PEPE worth cents of dollar when much more solid and coherent projects barely touch 11 cents (ALGO-HBAR).

Why would it be worth a dollar when XRP is worth 1.8 dollars and everyone is lighting candles so it doesn't go back to 50 cents?

Why risk investing your savings by buying PEPE? 💸

I know that fiat money is just a promise (and maybe a bubble waiting to burst)... but PEPE is not fiat. Although it dreams of becoming that blue prince.

So when someone tells you how you will become a millionaire by buying PEPE, take your money and run... as fast as your legs can take you.
#TakeYourMoneyAndRun
See original
FOMO, FUD and those new coins that bleed 🩸🩸🩸 $PIPPIN $MMT $PePe Today the cryptocurrency market is more volatile than ever. That's no news. The issue is, as is often the case, the psychological impact that determines our behavior. It's very difficult to see your assets deplete and remain unmoved. We are easy prey to FUD and FOMO and, more than once, we believe we are acting with our heads and we do it with emotion. Well, and all this for what??? I never get tired of seeing recommendations on MEME coins or recent launches that promote abundant future returns. However, they are simply exceptional possibilities that seek to awaken the illusion of financial freedom that is hard to achieve with those investments. In times like the current one, it is not only inexperienced and novice individuals who are tempted into poor decisions. My recommendation, and I clarify that it does not represent financial advice, is to stay away from more volatile influences than the assets. And be careful of betting on the most recent launch or the trendy MEMECOIN. And... if you have already entered one, detach yourself as soon as possible 🚨📢 #TakeYourMoneyAndRun
FOMO, FUD and those new coins that bleed 🩸🩸🩸
$PIPPIN $MMT $PePe
Today the cryptocurrency market is more volatile than ever. That's no news.
The issue is, as is often the case, the psychological impact that determines our behavior.
It's very difficult to see your assets deplete and remain unmoved.
We are easy prey to FUD and FOMO and, more than once, we believe we are acting with our heads and we do it with emotion.

Well, and all this for what???

I never get tired of seeing recommendations on MEME coins or recent launches that promote abundant future returns. However, they are simply exceptional possibilities that seek to awaken the illusion of financial freedom that is hard to achieve with those investments.
In times like the current one, it is not only inexperienced and novice individuals who are tempted into poor decisions.

My recommendation, and I clarify that it does not represent financial advice, is to stay away from more volatile influences than the assets.
And be careful of betting on the most recent launch or the trendy MEMECOIN.

And... if you have already entered one, detach yourself as soon as possible 🚨📢
#TakeYourMoneyAndRun
See original
Finally it happened... An ETF for DOGE (DOJE) 😵‍💫 $DOGE It is necessary to clarify that I have no fixation against memecoins. I also have nothing against FIAT money. But both seem the same to me: a promise without a sustainable basis. However, FIAT money is what you need to pay your taxes and what you usually receive as salary, bonus, or return. But what are memecoins good for? 🫵 Memes are just a community that believes and holds... And often loses a lot. This makes memes the closest thing to FIAT money in the crypto environment. Being as volatile or more than currencies from non-industrialized countries. Let's agree that "crypto" exists because the 2008 crisis showed the flaws of the centralized financial system and FIAT money. I estimate the latter will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with crude oil. Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring. And I ask you: What place do you want cryptocurrencies to occupy in a new global economic-financial order? I don't want to go back to the same thing via memecoin. Or its centralized version (hello CBDCs). DOGE only has the merit of being the first. 📢NOTHING MORE!!!🚨 In other respects, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is prey to the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱 That it today has an ETF, even if through the "1940 Act", explains how tied the financial world is to junk money. And how they love it wholeheartedly. I will not tire of saying it: stay away from memecoins and you will be happy. And get out of them as soon as possible... This is my opinion and does not represent financial advice. #TakeYourMoneyAndRun
Finally it happened...
An ETF for DOGE (DOJE) 😵‍💫
$DOGE
It is necessary to clarify that I have no fixation against memecoins.
I also have nothing against FIAT money.
But both seem the same to me: a promise without a sustainable basis.
However, FIAT money is what you need to pay your taxes and what you usually receive as salary, bonus, or return.
But what are memecoins good for? 🫵

Memes are just a community that believes and holds... And often loses a lot.

This makes memes the closest thing to FIAT money in the crypto environment.
Being as volatile or more than currencies from non-industrialized countries.

Let's agree that "crypto" exists because the 2008 crisis showed the flaws of the centralized financial system and FIAT money.
I estimate the latter will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with crude oil.
Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring.

And I ask you: What place do you want cryptocurrencies to occupy in a new global economic-financial order?

I don't want to go back to the same thing via memecoin. Or its centralized version (hello CBDCs).

DOGE only has the merit of being the first.
📢NOTHING MORE!!!🚨
In other respects, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is prey to the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱

That it today has an ETF, even if through the "1940 Act", explains how tied the financial world is to junk money. And how they love it wholeheartedly.

I will not tire of saying it: stay away from memecoins and you will be happy.
And get out of them as soon as possible...

This is my opinion and does not represent financial advice.
#TakeYourMoneyAndRun
See original
Finally it happened... A DOGE ETF (DOJE) 😵‍💫 $DOGE It is necessary to clarify that I do not have a fixation against memecoins. I also have nothing against FIAT money. But both seem the same to me: a promise without a sustainable basis. However, FIAT money is what you need to pay your taxes and it is often given to you as salary, bonus, or return. But what are memecoins for? 🫵 Memes are just a community that believes and holds... And often loses a lot. This makes memes the most similar to FIAT money in the crypto environment. Being as volatile or more than bills from non-industrialized countries. Let's agree that "crypto" exists because the 2008 crisis showed the flaws of the centralized financial system and FIAT money. I estimate that the latter will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with the barrel of crude oil. Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring. And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order? I do not want to go back to the same thing via memecoin. Or its centralized version (hello CBDCs). DOGE only has the merit of being the first. 📢NOTHING MORE!!!🚨 In everything else, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is at the mercy of the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱 That it now has an ETF, even if it is through the "1940 Act," explains how tied the financial world is to junk money. And how much they love it wholeheartedly. I will not tire of saying it: stay away from memecoins and you will be happy. And get out of them as soon as possible... This is my opinion and does not represent financial advice. #TakeYourMoneyAndRun
Finally it happened...
A DOGE ETF (DOJE) 😵‍💫
$DOGE
It is necessary to clarify that I do not have a fixation against memecoins.
I also have nothing against FIAT money.
But both seem the same to me: a promise without a sustainable basis.
However, FIAT money is what you need to pay your taxes and it is often given to you as salary, bonus, or return.
But what are memecoins for? 🫵

Memes are just a community that believes and holds... And often loses a lot.

This makes memes the most similar to FIAT money in the crypto environment.
Being as volatile or more than bills from non-industrialized countries.

Let's agree that "crypto" exists because the 2008 crisis showed the flaws of the centralized financial system and FIAT money.
I estimate that the latter will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with the barrel of crude oil.
Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring.

And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order?

I do not want to go back to the same thing via memecoin. Or its centralized version (hello CBDCs).

DOGE only has the merit of being the first.
📢NOTHING MORE!!!🚨
In everything else, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is at the mercy of the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱

That it now has an ETF, even if it is through the "1940 Act," explains how tied the financial world is to junk money. And how much they love it wholeheartedly.

I will not tire of saying it: stay away from memecoins and you will be happy.
And get out of them as soon as possible...

This is my opinion and does not represent financial advice.
#TakeYourMoneyAndRun
See original
Finally it happened... A DOGE ETF (DOJE) 😵‍💫 $DOGE It is necessary to clarify that I have nothing against memecoins. Nor do I have anything against FIAT money. However, both seem to me to be the same: a promise without a sustainable basis. However, FIAT money is what you need to pay your taxes and is usually given to you as salary, bonus, or yield. But what are memecoins for? 🫵 Memes are just a community that believes and supports... And many times loses a lot. That makes memes the closest thing to FIAT money in the crypto environment. Being just as or more volatile than bills from non-industrialized countries. Let's agree that "crypto" exists because the 2008 crisis showed the failures of the centralized financial system and FIAT money. I estimate this last one will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with crude oil. Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring. And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order? I do not want to go back to the same thing through memecoin. Or its centralized version (hello CBDCs). DOGE only has the merit of being the first. 📢NOTHING MORE!!!🚨 In everything else, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is at the mercy of the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱 That it now has an ETF, even if through the "1940 Act," explains how tied the financial world is to garbage money. And how much they love it wholeheartedly. I will not tire of saying it: stay away from memecoins and you will be happy. And get out of them as soon as possible... This is my opinion and does not represent financial advice. #TakeYourMoneyAndRun
Finally it happened...
A DOGE ETF (DOJE) 😵‍💫
$DOGE
It is necessary to clarify that I have nothing against memecoins.
Nor do I have anything against FIAT money.
However, both seem to me to be the same: a promise without a sustainable basis.
However, FIAT money is what you need to pay your taxes and is usually given to you as salary, bonus, or yield.
But what are memecoins for? 🫵

Memes are just a community that believes and supports... And many times loses a lot.

That makes memes the closest thing to FIAT money in the crypto environment.
Being just as or more volatile than bills from non-industrialized countries.

Let's agree that "crypto" exists because the 2008 crisis showed the failures of the centralized financial system and FIAT money.
I estimate this last one will burst sooner rather than later. And I wouldn't be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with crude oil.
Something like that would end up dragging all FIAT money with it. That would be the beginning of a global and massive financial restructuring.

And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order?

I do not want to go back to the same thing through memecoin. Or its centralized version (hello CBDCs).

DOGE only has the merit of being the first.
📢NOTHING MORE!!!🚨
In everything else, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is at the mercy of the current influencer who, with their nonsense or hidden interests, manages to move the price needle 😱

That it now has an ETF, even if through the "1940 Act," explains how tied the financial world is to garbage money. And how much they love it wholeheartedly.

I will not tire of saying it: stay away from memecoins and you will be happy.
And get out of them as soon as possible...

This is my opinion and does not represent financial advice.
#TakeYourMoneyAndRun
See original
UNLESS YOU ARE FRODO 🤚🤚🤚 $PIPPIN $pippin I will never get tired of saying it: when you hear "memecoin" close your pockets tightly...🔒 And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿 And, unless you are going on an excursion to Mordor, stay away from PIPPIN... 📢IT'S JUST MARKETING 🚨🚨🚨 If you are in, find a way to get out (and escape from the orc cage)... As always, these are my opinions and do not represent financial advice. But I will only say, that there will not be a Minas Tirith for this little one. 🫵🫵🫵 #TakeYourMoneyAndRun
UNLESS YOU ARE FRODO 🤚🤚🤚
$PIPPIN $pippin

I will never get tired of saying it: when you hear "memecoin" close your pockets tightly...🔒
And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿

And, unless you are going on an excursion to Mordor, stay away from PIPPIN...

📢IT'S JUST MARKETING 🚨🚨🚨

If you are in, find a way to get out (and escape from the orc cage)...

As always, these are my opinions and do not represent financial advice.

But I will only say, that there will not be a Minas Tirith for this little one.
🫵🫵🫵
#TakeYourMoneyAndRun
See original
Finally it happened... A DOGE ETF (DOJE) 😵‍💫 $DOGE It is necessary to clarify that I have no fixation against memecoins. I also have nothing against FIAT money. Both seem the same to me: a promise without a sustainable basis. Thus, FIAT money is what you need to pay your taxes and what you usually receive as salary, bonus, or yield. ???But what are memecoins for??? 🫵 Memes are just a community that believes and supports... And often loses everything. This makes memes the closest thing to FIAT money in the crypto environment. Being just as or more volatile than currencies of non-industrialized countries. Let’s agree that "crypto" exists because the 2008 crisis exposed the flaws of the centralized financial system and FIAT money. In my personal opinion, I estimate that the latter will burst sooner rather than later. And I wouldn’t be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with the crude oil barrel. Something like that would drag all FIAT money with it. That would be the beginning of a global and massive financial restructuring. And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order? I don’t want to go back to the same via memecoin. Or its centralized version (hello CBDCs). DOGE only has the merit of being the first. 📢NOTHING MORE!!!🚨 In other aspects, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is prey to the current influencer who, with their nonsense or hidden interests, manages to move the needle of the quotation 😱 That today it has an ETF, even if it’s through the "1940 Act", explains how tied the financial world is to junk money. And how they love it wholeheartedly. I won’t get tired of saying it: stay away from memecoins and you will be happy. And get out of them as soon as possible... This is my opinion and does not represent financial advice. #TakeYourMoneyAndRun
Finally it happened... A DOGE ETF (DOJE) 😵‍💫
$DOGE
It is necessary to clarify that I have no fixation against memecoins.
I also have nothing against FIAT money. Both seem the same to me: a promise without a sustainable basis.
Thus, FIAT money is what you need to pay your taxes and what you usually receive as salary, bonus, or yield.
???But what are memecoins for??? 🫵

Memes are just a community that believes and supports... And often loses everything.

This makes memes the closest thing to FIAT money in the crypto environment.
Being just as or more volatile than currencies of non-industrialized countries.

Let’s agree that "crypto" exists because the 2008 crisis exposed the flaws of the centralized financial system and FIAT money.
In my personal opinion, I estimate that the latter will burst sooner rather than later. And I wouldn’t be surprised if the next bubble is the dollar itself, driven by its debt crisis, uncontrolled issuance, and the loss of exclusivity in its parity with the crude oil barrel.
Something like that would drag all FIAT money with it.
That would be the beginning of a global and massive financial restructuring.

And I ask you: What place do you want crypto assets to occupy in a new global economic-financial order?

I don’t want to go back to the same via memecoin. Or its centralized version (hello CBDCs).

DOGE only has the merit of being the first.
📢NOTHING MORE!!!🚨
In other aspects, it is as inflationary as the FED or any central bank. It lacks real utility beyond being a means of payment. And worse, it is prey to the current influencer who, with their nonsense or hidden interests, manages to move the needle of the quotation 😱

That today it has an ETF, even if it’s through the "1940 Act", explains how tied the financial world is to junk money. And how they love it wholeheartedly.

I won’t get tired of saying it: stay away from memecoins and you will be happy.
And get out of them as soon as possible...

This is my opinion and does not represent financial advice.
#TakeYourMoneyAndRun
See original
UNLESS YOU ARE FRODO 🤚🤚🤚 $PIPPIN I will never tire of saying it: when you hear "memecoin" lock your pockets tight...🔒 And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿 And, unless you are going on an excursion to Mordor, stay away from PIPPIN... 📢IT'S JUST MARKETING 🚨🚨🚨 If you're in, find a way to get out (and escape from the orc cage)... As always, these are my opinions and do not represent financial advice. I will just say that there won't be a Minas Tirith for this little one. 🫵🫵🫵 #TakeYourMoneyAndRun
UNLESS YOU ARE FRODO 🤚🤚🤚
$PIPPIN

I will never tire of saying it: when you hear "memecoin" lock your pockets tight...🔒
And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿

And, unless you are going on an excursion to Mordor, stay away from PIPPIN...

📢IT'S JUST MARKETING 🚨🚨🚨

If you're in, find a way to get out (and escape from the orc cage)...

As always, these are my opinions and do not represent financial advice.

I will just say that there won't be a Minas Tirith for this little one.
🫵🫵🫵
#TakeYourMoneyAndRun
See original
📢The dangers of good ideas🚨🚨🚨 (continuation) $USD1 $FF $XUSD In past articles I asked, how much is a dollar worth? 🫵 And a good answer would be: "the same as a stablecoin." And if dollars (like all fiat money) are nothing more than printed promises... What are stablecoins? And this leads me to ask myself and ask you: why are there more and more stablecoins and associated projects? Liquidity pools would exist the same without stablecoin, but their volatility is greater and their capitalization very diffuse. By making parity with a stablecoin, that impact is reduced. A savings account based on stablecoin is still a good investment with high liquidity and reasonable capitalization, for reserve accounts (outside of classic finance). Profit liquidations in hybrid CeFi-DeFi projects made with stablecoin are more tempting for traditional investors than liquidations with native tokens. The aforementioned are just some situations that show the use and potential of stablecoin. And why there are so many projects interested in its generation and tokenization... Who wouldn't want to have the money-printing machine? ⚙️ (📢 especially if you charge commissions for its use🤫) The key (and the difference between projects) lies in collateralization and audits 👁️🔎 And also the risks... #TakeYourMoneyAndRun
📢The dangers of good ideas🚨🚨🚨 (continuation)
$USD1 $FF $XUSD

In past articles I asked, how much is a dollar worth? 🫵

And a good answer would be: "the same as a stablecoin."

And if dollars (like all fiat money) are nothing more than printed promises...
What are stablecoins?

And this leads me to ask myself and ask you: why are there more and more stablecoins and associated projects?

Liquidity pools would exist the same without stablecoin, but their volatility is greater and their capitalization very diffuse.
By making parity with a stablecoin, that impact is reduced.

A savings account based on stablecoin is still a good investment with high liquidity and reasonable capitalization, for reserve accounts (outside of classic finance).

Profit liquidations in hybrid CeFi-DeFi projects made with stablecoin are more tempting for traditional investors than liquidations with native tokens.

The aforementioned are just some situations that show the use and potential of stablecoin.
And why there are so many projects interested in its generation and tokenization...

Who wouldn't want to have the money-printing machine? ⚙️
(📢 especially if you charge commissions for its use🤫)

The key (and the difference between projects) lies in collateralization and audits 👁️🔎

And also the risks...
#TakeYourMoneyAndRun
See original
UNLESS YOU ARE FRODO 🤚🤚🤚 $pippin $PIPPIN I will never tire of saying it: when you hear "memecoin" close your pockets tightly...🔒 And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿 And, unless you are going on an excursion to Mordor, stay away from PIPPIN... 📢IT'S JUST MARKETING 🚨🚨🚨 If you're in, find a way to get out (and escape from the orc cage)... As always, these are my opinions and do not represent financial advice. But I will only say, that there won't be a Minas Tirith for this little one. 🫵🫵🫵 #TakeYourMoneyAndRun
UNLESS YOU ARE FRODO 🤚🤚🤚
$pippin $PIPPIN

I will never tire of saying it: when you hear "memecoin" close your pockets tightly...🔒
And if someone adds: "this time it's a good deal"... Run as fast as if you were Usain Bolt in trouble 🏃🏿

And, unless you are going on an excursion to Mordor, stay away from PIPPIN...

📢IT'S JUST MARKETING 🚨🚨🚨

If you're in, find a way to get out (and escape from the orc cage)...

As always, these are my opinions and do not represent financial advice.

But I will only say, that there won't be a Minas Tirith for this little one.
🫵🫵🫵
#TakeYourMoneyAndRun
See original
FOMO, FUD and those new coins that bleed 🩸🩸🩸 $PEPE $MMT $PIPPIN Today the cryptocurrency market is more volatile than ever. That's no news. The issue is, as is often the case, the psychological impact that determines our behavior. It is very difficult to see your assets empty and remain unaffected. We are easy prey to FUD and FOMO, and more than once, we think we are acting rationally but we are actually acting with emotion. So, what's all this for??? Well, I never get tired of seeing recommendations about MEME coins or recent launches that promote abundant future returns. However, in reality, they are just exceptional possibilities that seek to awaken the illusion of financial freedom that is difficult to achieve with those investments. In moments like the current one, not only inexperienced and novice investors are tempted to make bad decisions. My recommendation, and I clarify that it does not represent financial advice, is to distance yourself from influences that are more volatile than the assets. And be careful about betting on the most recent launch or the trendy MEMECOIN. And... if you have already entered one, detach yourself as soon as possible 🚨📢 #TakeYourMoneyAndRun
FOMO, FUD and those new coins that bleed 🩸🩸🩸
$PEPE $MMT $PIPPIN
Today the cryptocurrency market is more volatile than ever. That's no news.
The issue is, as is often the case, the psychological impact that determines our behavior.
It is very difficult to see your assets empty and remain unaffected.
We are easy prey to FUD and FOMO, and more than once, we think we are acting rationally but we are actually acting with emotion.

So, what's all this for???

Well, I never get tired of seeing recommendations about MEME coins or recent launches that promote abundant future returns. However, in reality, they are just exceptional possibilities that seek to awaken the illusion of financial freedom that is difficult to achieve with those investments.
In moments like the current one, not only inexperienced and novice investors are tempted to make bad decisions.

My recommendation, and I clarify that it does not represent financial advice, is to distance yourself from influences that are more volatile than the assets.
And be careful about betting on the most recent launch or the trendy MEMECOIN.

And... if you have already entered one, detach yourself as soon as possible 🚨📢
#TakeYourMoneyAndRun
See original
The dangers of two good ideas🚨🚨🚨 $MORPHO $BANK $USD1 Before starting, I must clarify that I know I write against the current and it feels like The Great Wave off Kanagawa, the famous print by Katsushika Hokusai. But I can't help but think of the saying: "The road to hell is paved with good intentions". The cryptocurrency sector is based on trust. The concept of a transparent, decentralized, and public Ledger. Built page by page (block by block) was the seed that managed to build it. Without it, there would be no DeFi or Yield Farming. MORPHO and LORENZO Protocol are very good ideas and surely conceived with the best intentions. But both have that back door that allows the entry of the demon of financial derivatives based on debt. And I will tell you how: The packaging of CeFi financial products based on credit and debts (including real estate) via RWA Tokenization, which is used as leverage, collateral, or in the integration of OTFs (not to mention the synergy that could be obtained from the formation of new tokens based on the cross relationship of the three mentioned concepts). Well, it would be nothing more than another financial product with "sophisticated yield strategies" on-chain. The issue is that they provide apparent liquidity with inflated assets (based on potential collections). They are the support of the entire structure. It is adding high volatility to a highly volatile market. For reasons of character limit, I must cut off here. Let me know in the comments if you want me to continue providing new posts on this topic. #TakeYourMoneyAndRun
The dangers of two good ideas🚨🚨🚨
$MORPHO $BANK $USD1
Before starting, I must clarify that I know I write against the current and it feels like The Great Wave off Kanagawa, the famous print by Katsushika Hokusai.

But I can't help but think of the saying: "The road to hell is paved with good intentions".

The cryptocurrency sector is based on trust.
The concept of a transparent, decentralized, and public Ledger. Built page by page (block by block) was the seed that managed to build it. Without it, there would be no DeFi or Yield Farming.

MORPHO and LORENZO Protocol are very good ideas and surely conceived with the best intentions. But both have that back door that allows the entry of the demon of financial derivatives based on debt.

And I will tell you how:
The packaging of CeFi financial products based on credit and debts (including real estate) via RWA Tokenization, which is used as leverage, collateral, or in the integration of OTFs (not to mention the synergy that could be obtained from the formation of new tokens based on the cross relationship of the three mentioned concepts).

Well, it would be nothing more than another financial product with "sophisticated yield strategies" on-chain.
The issue is that they provide apparent liquidity with inflated assets (based on potential collections). They are the support of the entire structure.
It is adding high volatility to a highly volatile market.

For reasons of character limit, I must cut off here.
Let me know in the comments if you want me to continue providing new posts on this topic.
#TakeYourMoneyAndRun
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