Is depositing into BlockFi APY a good idea?
Is depositing into BlockFi APY a good idea?
Evan Hill
Other urls found in this thread:
app.aave.com
twitter.com
Angel Phillips
I use them and like them quite a bit. Especially being able to earn interest in another asset. Like earn btc interest in stablecoins or eth for example.
Good experience so far.
Matthew Johnson
it's addicting to see daily interest accrued
Wyatt Johnson
What they said, plus zero trading fee
However not your keys not your coins and so on
Brody Jenkins
Use my promo code
37a4b076
and you deposit $350 or more and maintain the balance til Jan 31, you get $50 in free BTC.
thanks gents
Juan Flores
Put it into PAXG, my guy
Liam Wilson
I've been actually considering this. May pull the trigger on accumulating paxg.
Dominic Morales
would i be able to get the visa CC if i am not from the states? is it worth using if iam not from the states?
Brandon Phillips
been looking to do this on my eth. any of you fags doing forsage? been earning eth on it and have eth sitting in my wallet until i am ready to level up. might as well earn interest on it.
Isaiah Lee
What's the risk to interest with crypto? Seems like a no brainer to just endlessly pour all your assets into them and keep accruing interest. Why bother with a savings account instead of just converting all your money to a stable coin and accruing higher APY on them that pays out sometimes even daily.
Nathaniel Roberts
dubs confirm it must happen.
Wyatt Anderson
are you white?
Lincoln Martin
He probably isn't, but I am: e37cb1f6
T.Swiss-German
Noah Rodriguez
blue pen on left hand with timestamp
Leo Robinson
checked. thanks, user. happy doing bizness with ya.
Caleb Gomez
You're unironically an incel
Ryder Sanchez
what books are those
Matthew Ward
Books I no longer read but use as a monitor stand
Asher Gray
based
Brody Peterson
>no timestamp
you're unironically just mad that white people are finally starting to look out for one another
Julian Young
roger. thanks for the referral
Mason Ross
If you're brown I'll sign up under you.
Fuck white people they're going extinct
Timestamp doe
Sebastian Reyes
>IIIIIIIMPLYINGGGGGG
Christopher Murphy
I personally feel better splitting my holdings between nexo, blockfi, celsius, and Crypto.com. It minimizes a bit of risk.
James Turner
I'm black as an ace of spades
b2d0237c
Chase Bailey
Anthony Morris
>stable coin
Look at the APY for stable coins. So high. They are gonna rekt when CBDCs are officially announced.
Gabriel Rogers
They're desperate for liquidity makes me uneasy desu, specially with regulation for stable coins rolling out
Dominic Bennett
desu this
I don't like stable coins that are tied to fiat currencies regardless of their APY
taking the 4% hit is worth it imo, especially with the USD being flakey
Alexander Rodriguez
I'm a brainlet when it comes to all of this. So what exactly is making you guys skeptical about the fact that stablecoins are tied to fiat currency?
Levi Smith
Yes.
I would rather lend my BTC as opposed to stable coins. But with BTC, you don't control the keys. DeFi lending BTC would be better, IMO . Like AAVE
Oliver Smith
#1 purchasing power
A USDT is still a USDT at the end of the day and it loses value as the USD adjusts to new monetary policies
#2 gaycumnigger politicians
they want to bash stablecoins and make them get bank charters which could utterly fuck everything
The biggest issue is the politicians
The 10% APY will almost certainly outperform any PPP adjustments, but it's still cringe as fuck
Chase Powell
>hat are tied to fiat currencies regardless of their APY
>taking the 4% hit is worth it imo, especially with the USD being flakey
Look DXY. Dollar is shitting and continue to do so as more liquidity appears into the market.
app.aave.com
Deposited BTC earns a tiny 0.15% APY for a reason.
Adam Myers
>But with BTC, you don't control the keys
I get this but I remain relatively confident that some of these larger companies won't just rug-pull, especially ones with dev names tied to them
DeFi lending I'm still not entirely convinced on but with the right collateralization features it might be okay
Daniel Watson
Avoid blockfi and crypto.com. Blockfi is going bankrupt and desperately spending the little money they have left on shill threads.