Posts

Some personal thoughts on DeFi mining

avatar of @trendsbunny
25
@trendsbunny
·
·
0 views
·
2 min read


For DeFi mining, People have been actively trying to participate recently. After all, in the current environment, DeFi will continue to explode theoretically.

Some time ago, I got some money from digging Sushi because I was lucky, but I still have to maintain an attitude of learning.


The stranger thought about it and summarized some personal thoughts based on the current DeFi situation, hoping to help everyone.


1. DeFi is a trend and outlet. You must participate. The amount of your participation can be small, but you must try it. You must understand the most basic operation knowledge, otherwise there is a real opportunity, and you may not be able to grasp it;

2. Don't be blindly dazzled by the high returns of some mining projects. Risks and returns are directly proportional. Choose a "relatively" safe mining income method that suits you;

3. Don't worry about punching the mine. Now the environment has begun to become bad. Sometimes you can enjoy super high income if you rush to the front, but sometimes you are the first to step on the pit. Check the situation.

4. In this field, you must constantly use your brain, follow the trend, learn if you don't understand, and think really lazy. You can be slow, but you must not be lazy;

5. There is no settlement once and for all. Everyone wants to find a high-yield mine, and then dig in comfortably. That kind of mentality is not necessary. After all, if you don't really understand it, problems will most likely occur later;

6. Ensure your own cash flow. Never mine all in. It must be emphasized that mining is also a high-risk project, which is very likely to face major losses;

7. Before you actually start mining, you must try a small amount, and then make sure that the operation is correct, and then intervene with a large amount to prevent the situation where the large amount of money is mistaken. For example, some people charge the usdt of different chains to the wrong, although it is OK Solve the problem, but it is actually very troublesome;

8. Try not to hit the big luck, remember the purpose of your own mining, the core thinking should be to create cash flow for yourself, you should work hard to mine the profit BTC, so that you will never be treated badly in the future;

9. At present, mines with a high content of leeks have skyrocketed and plummeted very sharply. A typical example is the mines on the Huobi public chain. The K-lines are very scary (the rise is scary, the fall is also fatal), and vice versa. The mines on Binance are much better, but this kind of thing may be in the future;

10. In the future, DeFi projects will definitely have hundreds of thousands of times more projects, but everyone should not be too extravagant. It is enough to do everything to the fate and try hard. If the destiny belongs to you, then this thing is yours. If it is not yours, there will be no dispute.



Posted Using LeoFinance Beta