@khaleelkazi's thread

khaleelkazi
82
@khaleelkazi
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Normies are learning about risk-reward tradeoffs the hard way through DeFi hacks

For most people, the risk of losing all your coins for 6% APR makes no sense. Staying away from DeFi yield pools and just self-custodying your crypto is what I suggest

For those of us who have the time to research deeply + watch for trends, potential pitfalls and multiple risk vectors; putting crypto to work in a yield vault makes sense

It’s a harsh truth: staying in your lane is what most people don’t want to hear but NEED to hear

If you work a normie job and invest in crypto, that is awesome! Focus on being great at your job and then self-custody your crypto in a secure wallet. Stretching yourself thin with DeFi protocols you’re not intimately knowledgeable on is going to bite you in the ass

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