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RE: Lesson Learned: Don't Improvise Yourself As A Trader

in LeoFinance3 years ago

Is Celsius decentralised?
And can you connect your wallet locking the funds with a smart-contract, or do you have to deposit?
If not, do you know of "good" offerings which do?

i'm a HODL'r yet i listen to DMan and sometimes act on his "Buys" and then HODL them, unless later he says he no longer "approves" the project then i may sell.. Here's an example of fruits of one of his Buys. i was late in a few months ago but still x3 so far, and could pump to x20 or x100 (who knows) if this works out: https://peakd.com/hive-193084/@atma.love/shjo5gxsya9i75hrepl14r?ref=atma.love

Thanks for sharing. May all your losses and gains lead to balance, presence, joy and peace.

Sat Nam
Atma

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Decentralized doesn't necessarily secure. Many rug pull has happened in DEFi. And many Defi protocols use Celsius for yield because of their access to large institutions and even sovereign wealth fund. Celsius is a big business like Coinbase with checks and balances to not lose customers funds. So if that makes you uncomfortable, it's probably not for you. :-)

If your stock picks work then great! But beware, these guys are usually great in bull markets and terrible in the bear market. Good luck!