DeFi Flips Bitcoin - Mine Digital
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DeFi Flips Bitcoin

August 21, 2020 • 
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DeFi YFI Farming

Degens Are The New OG’s

Here it is, the 24nd edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.

So there has not been much drama on Twitter lately, because when people get rich they don’t fight.. lets see what’s been hapening.

The End Of Bitmex

Bitmex the ruler of degen trading has finally shot themselves in the foot, and it’s a critical wound.

Bitmex decided to implement KYC.

Go get em Gainzy… RIP Arthur.

Everybody Still Loves Chicken

Tendies at new highs flipping support, the only way is up, with deflationary supply, upcoming staking and farming it’s a n brainer.

It’s just getting started.

BUY TEND. Or don’t you’ll end up fomo buying at $5, your call.

YFI The Flippening

YFI is a project I have a lot of respect for because I admire decentralization, and this is decentralization at it’s fines, no CEO, no fundraising, no vc.

And fror the first time a coin is worth more than BTC (price not marketcap)

I think there is still a long way to go, Yearn Finance has become a key component of the DeFi ecosystem.

Big DeFI

AAVE, $LEND, has been the backbone of DeFi and yes it has grown soo much but the fundamentals will keep it growing, i believe this is one not to ignore.

Don’t sleep on this DYOR and get involved.

The Trade

The trade, so everything has gone bullish, yes everything. 

Buy anything and don’t look back, that seems to be effective as a strategy. 

Don’t sell too early, always take profits, don’t get greedy and capitalize the fuck out of this before its gone.

Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.

Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.

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