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I would just abandon that and stake Ethereum. 5-6% apy is incredible returns on an asset that goes up greatly itself.
by Mistletoe 4y ago
I would just abandon that and stake Ethereum. 5-6% apy is incredible returns on an asset that goes up greatly itself.
- EGreg 4y agoNah, I have access to a lot of storage resources at the moment, not money, that’s why. I want to earn block rewards for storing files. Also I don’t believe in staking or trading because it’s a zero sum game that you are just as likely to lose as win (if you don’t have an edge). Earlier this year I debated Richard Heart about staking Hex vs actual utility and open source software: https://m.youtube.com/watch?v=r3eU3hx0U0Y https://m.youtube.com/watch?v=r3eU3hx0U0Y Although I seem to call it correctly (March 12: buy way out of the money put options at $4 strike on FirstRepublic) I am too busy and overwhelmed to act on it (deposit money into RobinHood, have it clear, time my entry etc.)