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Thread 60855261

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Anonymous (ID: V9NUVXNg) No.60855261 >>60855283 >>60855291 >>60855334 >>60855349 >>60855357
>Bitcoin market cap too high to make it from a few bucks
>Ethereum market cap also too high to make it from a few bucks but is too violatile anyway
>Altcoins are pretty much all dead
>Memecoin trenchers are now dominated by a handful of top traders and bots PvPing at 100k market cap or below

Did we reach a point where it's no longer viable to make it with crypto as a normal average everyday guy?
Anonymous (ID: 1TnzKqMx) No.60855283 >>60855291 >>60855334
>>60855261 (OP)
>Did we reach a point where it's no longer viable to make it with crypto as a normal average everyday guy?
Just buy USD. There's an infinite amount of cash in the federal reserve.
Anonymous (ID: yMuLyA6M) No.60855291 >>60855334
>>60855261 (OP)
>>60855283
Kek. Enough for everybody.
Anonymous (ID: yoh8/j8Y) No.60855334
>>60855261 (OP)
>>60855283
>>60855291


Look into XRP
It doesn't require market cap but instead it runs on utility
Anonymous (ID: SblOjcN6) No.60855349
>>60855261 (OP)
15-20% per year is still way better than s&p thoughbeit
Anonymous (ID: OzGbBbtR) No.60855357 >>60855367
>>60855261 (OP)
If you weren't this dense, you would've realized by now that you can play safe in alt coins by just providing liquidity with stablecoins, which typically give you 20-30% APY (yes, goon inducing)

>o anon but that APY changes constantly!

It DOES, but it will 100% of the time give you better returns than traditional investments, and are arguably just as safe
Anonymous (ID: Sg3RCACB) No.60855367 >>60855396
>>60855357
>which typically give you 20-30% APY (yes, goon inducing)
20-30% APY is not worth the risk of the shitcoin 90% of the time, considering the realized volatility the APY for most coins should be double that at 40-60%.
Anonymous (ID: OzGbBbtR) No.60855396 >>60855417
>>60855367
You don't know what the fuck you're talking about.

>Buy shitcoin
>Swap for stable (or just straight up buy stable from a CEX)
>Send to wallet
>Lend in DEX of choice, earn passively
>Send back to CEX
>Sell
>????
>Profit
Anonymous (ID: Sg3RCACB) No.60855417
>>60855396
shit like UNI-USDC, AAVE-USDC, etc are not worth the risk at all unless you are getting a super high yield. These are assets that have historically fallen 90% in price in less than a year and regularly triple or crater in value. Wall Street has more rationally priced ETH and BTC options with IV much higher than the yields you get from DEX LPs for WBTC-USDC and WETH-USDC, and since you can treat most LP positions as perpetual short put options it makes no sense to provide liquidity to ETH-USDc when you can just sell a ETHA put.