I basically summarize my portfolio structure in the form of a swift infographic. I will say the lending portion that's involved with DeFi is not something I normally recommend for beginners.
https://imgur.com/gallery/90VfR8q
Additional note:
Some of the profits from Staking/Farming, and/or Trading either go to repaying back my loan or used to supply more of my lent collateral. (Just depends on the situation).
With DeFi lending, I see it more about threshold management where itβs something you actively have to keep an eye out for as the market can move 20% positive or negative in either direction.
This is not meant to be taken as financial advice nor as a guide to follow religiously, but certainly gives you ballpark estimates of how Iβd set it up.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments