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I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.
I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.
I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.
I’m lucky to have stumbled into crypto for most of my life. I began mining Bitcoin in 7th grade (2011) and very lucky to work at a top 2 CEX after graduating. An ETF cycle later, I finally have a strong grasp of trading/gambling.
Remember that you were completely ignorant once, so expect repetitive questions from the influx of newcomers
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Best piece of non-financial advice
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Yes. But. The reason 4/20 is a famous date in the first place is in rooted in American culture/history, which is where they write dates in MM/DD/YYYY format. As a developer, I'm on your side--I'm very much a fan of ISO 8601 dates. No ambiguity, sorts easily. But most people referring to the pot piece of April 20th would recognize this year's 4/20 as a palindrome.
Yes true, but only in a little part of the word, far far in the west. You know these guys who scratch up the fakt of YYYY-MM-DD or DD/MM/YYYY. Luckily unrelated and mostly unknown
My advice...don't ask for investment advice on Reddit or any social media platform, do your own DD.
Well I see that wen eth 10k fanboys think that they run the show. You are in for such a surprise within few months :DD
Wait, so you’re saying you can just DD your paycheck and pay no fees and no spread and get the BTC on cash app? News to me
Maybe. It is simple math superimposed on an extremely complex system. It provides rules for behavior which apparently are always more effective than no rules. Even bad rules are better than no rules. The indicators are always inputting new data so those are always relevant. The biggest benefit of TA is it requires the trader to pay attention and perform DD. It’s junk science. This is the truth.
Yep. I tell people I’m highly regarded and don’t copy my decisions without doing their own DD. Still lost friendships.
YY-MM-DD is best as lexicographical sort is also chronological sort
For 22, that is incredible. In 2017, bitcoin was a little over a thousand dollars. Not financial advice but you will see dips on bitcoin price over the next few months before it surges. Don't panic if it drops in price. There is halving this month, but there will also be one in 2028. Since you're young so you can slowly get more coin and sell before the next halving. There is no need to rush things this year.You can decide on price to sell it at. Maybe 100k or higher, or less. Do your DD on your next investment, plan for the future, and celebrate your win.
This is where I believe the vast majority of crypto asset holders watch too many YouTube videos, don't do their own DD and are init for the wrong reasons. If you're not willing to put in the time to do research, understand and ride out the cycles, just don't bother. Time will likely not be in your favor and you'll likely lose money
any legend could help out a brother with some eth 0xF1C66BAf9A58b1ab823D432F8a163Bbff0E37DD5
any legend could help out a brother with some eth 0xF1C66BAf9A58b1ab823D432F8a163Bbff0E37DD5
Here is another nice one ( tokenizing events .. tickets .. etc ) again DD NFTFN.xyz
This is the DD we deserve.
I have been swing trading for 3 years now, and this will be first profitable year where I have currently made more trading than I have made at my day job in the first 3 months of the year. I didn’t just wake up and decide to become a trader. This happened by accident…. This happened due to YEARS of studying the market, reading countless DD, losing everything, banging my head against the wall, Trying and Failing, trying again and failing again, etc. I do NOT recommend this for novice investors. You will most likely lose money. For a Newcomer, Buy BTC/ETH and Hold. Slowly DCA into those over the next few years. Meanwhile, deep diving into the market, reading everything. Until you fully understand how the Crypto market works, do not try to trade. You will get REKT. Never use Leverage, and only invest what you can afford to lose.
I went in pretty large in VARA after doing my homework. I'm the proud owner of 1/1000 of the current circulating supply. Polkadot backed, coinbase backed, which is awesome, not some no-name rug pull. From what I understand from the tokenomic perspective, 411,000,000 is the current supply, and we won't see any major unlocks until September. Increases In circulating supply will be rewards from staking and running a node. What's rewarded also gets burned from the inflation staking pool, so total supply doesn't increase. So realistically speaking, we might see 500-600 million in circulating tokens total until September. If prices stay under .30 cent. If the price gets higher, VARA rewards will be less than the 700k we're currently seeing. When the unlock happens. I was a little unclear about the unlocking after that something about no total sum unlock and certain locked tokens have to be vested even longer. It gets a little more complicated, but I'm not even sure I'll be holding after September's coin unlock. I'll re-evaluate then. Anyways, they just overhauled their website today (looks great). It seems like a project that does just about anything. Also, under $50,000,000 market cap. At 2$, that's 1 billion market cap. Oh, and has yet to break ATHs @ .33 The last part of my breakdown and most bullish aspect for me is coin base giveaway. Coinbase had 56,000,000 users as of last year. This number will likely increase as we reach full-on crypto bull run. So if 20% or only 10,000,000 people claim the $20+ free VARA, that's conservatively 200+ free VARA at the current price. 200 VARA X 10,000,000 people = 2,000,000,000 VARA or about 4.86 TImes the current circulating supply. Seems like a no-brainer since they're could possibly be giving away 4.8 times of what's actually available for purchase. MAYBE EVEN MORE DEPENDING ON HOW MANY CLAIM THE FREE REWARDS. Add on some alt coin pressure, and boom 💥 sends it to 1$, 2$, 3$ +? MY ADVICE CLAIM THE FREE TOKENS AND HOLD. I mean, where else you gonna find that kind of demand for free with a coin that's only $50,000,000 market cap and less than 500,000,000 circulating. It actually has a purpose and function, not some damn dog, cat, racist frog token. That's all I got. That's my blue-collar unemployed dumb DD. Good luck, folks. I'm having a great crypto year so far, I hope you all are very successful as well.
Thanks for the leads! Yes, a 10x from here would change my life, for sure. And yes, I’m also hoping my alt gains outpace BTC so I can transfer some there. Good luck and have fun! I’ve got some DD to do :) thanks again!
The best place to start to is the Bitcoin White Paper, this will give you the opportunity to understand it in its rawest form. Information is so scattered at this point it is very difficult to hone in (imo part of the adoption problem). I would say start listening/reading into historical news and information about BTC in its early days to give you the benefit of understanding the hindsight perspective. I would listen to opinions of prominent and non-prominent analyst/figures in crypto even if it's bad case for BTC to remain unbiased. Only because I believe his explanation of BTC is very articulate (personally not a big fan), give Michael Saylor a Chance, his perspective is very biased but nonetheless informative and in some ways eye opening. From there, try to keep up with all crypto news and trends, you will really begin to understand the space better and better. It took me 3 months to gain understanding of the ideas behind it and about 6 months to be able to start my own speculations, DD, reading the trends. I understand you completely I was in the same boat and I appreciate you being courteous and respectful in your questioning/reasoning! I've worked in finance and investments my whole life, so I am very used to the traditional routes. I only ever gave it a chance because traditional vehicles were harder to trade due to compliance limitations from my job. Crypto was not regulated so I dabbled and became a "Bitcoin Maxi" in the crypto space really fast. I wish you luck with your research and investments!
Thanks but I'm annoyed b/c they're not dumb either, and I know they have the capacity to do their own DD and develop their own plan, and I think if they actually did these things that they would conclude something that involves buying at least ***some*** BTC. Another problem is that governments, corporations, etc. also buy/hold BTC for various reasons. Another is figuring out how one holds BTC and lives on fiat w/out selling BTC.
Nah, every country that writes it DD/MM says 20 April
The reason, I believe, is that Americans frequently only use the first two pieces of the date format. If you’re not using year, MM/DD lets you know the information in the most logical way- the general area (month) then the specific information (day). Obviously if you add year, it gets really stupid, really fast… you have medium specific/very specific/not very specific, which is blatantly illogical. However, the fact that overwhelmingly often Americans don’t use year on the back end makes it more reasonable, IMO
Funny enough year first is now the international standard. The intent was to harmonize the two disparate time formats (DD/MM vs MM/DD) and pretty much all they did was create a third.
The most unbelievable thing about this: 1) People that have access to $4000 are not doing their own DD 2) If you did your own DD, you wouldn't be posing a question like this on a Reddit sub 3) That the OP and other people reading this will follow the suggestions made here If you have worked hard for the things you have and work hard for your money, do your own DD. Reddit suggestions should almost NEVER factor into your where you allocate $4, let alone $4000.
Here’s a good take: https://youtu.be/-SGUy4OIaN0?si=DD_iJq47ok7FY2z3
>Idk what else this could be. Well the friend could be mistaken. Wouldn't be the first time. \^\^ u/D3VOUR3DD is there any history on the account that he actually ever had money in there? Like any transfers or trade history that would point to that? Because if that's not the case, then 99.9999999999% he isn't using the correct login.
I've stopped trying to have these conversations with friends and family. People need to be interested enough to do their own DD. If by some chance something you recommend does NOT pan out, they may also be angry with you. Not worth it imo.
Ellison, Wang and Singh all pleaded guilty to fraud charges and testified against Bankman-Fried in the hopes of leniency at sentencing. Did my DD homie
Watch out for the DD 2 retrace and make sure you've got a parachute for the 66 and you should be good to go.
do ur pro's & con's. pro: purchase $15k worth of BTC. now what do u think it'll do this bull run? +50%, +100%, +>200%. then you'd b foolish not to proceed with ur plan. con: if it tanks, & this was the ATH, well, u have a $300/ $400 monthly car payment. Is that within ur budget for the next X yrs? If, so, still doesn't seem that bad to proceed with ur plan. $300/ $400 per Mo = $3,600 - $4,800 per year. If u were to invest the car payments instead, it would take u 3 - 4 yrs to buy $15K. + car would only depreciate in value. Do ur own DD on ur financial situation.
DD being dramatic as usual..
I still remember when they were going to have their own tokenized stock exchange. Man, those DD’s from 2021 were wild 😂
When good DD is at such odds with stock price, with P/E numbers so big they no longer make sense, when the balance sheet is simply shareholder equity… yes it is gambling.
It’s called the “Danger Zone” before every Halving. Geez these journalists need to do some DD.
1. 236,948 2. 0x77bB36556365A75f91632F628926Ed17357DD147
1. 2137 2. 0x7e2262d226558DC2DD8A8908A42970C74308E8fD
They all follow the same rules. Charts, analysis. DD
1. 311175 2. 0xE55F12D8FFaa58DD41E0299939549E7521a38614
>it may be here in 5 or 10 Brother in christ... the amount of profitable Gold miners is dwindeling on EARTH, we can't even mine in the ocean. But you think transporting mining and processing equipment to an asteroid, and then transporting the finished produce back to Earth will be? If you put this amount of DD into Bitcoin, you're done for.
1. 768,532 2. 0x6120bf8cC74561f3df05D80cB3Bfa7e2a25802DD
777,777 0xbfE6AAc1579203A74559910Ea2DD370dB323065C
1. 1998 2. 0xA50f150597c7922D41fE13848A2f5068E8DD3781
631781 0x43e5FD1DD222BB2766eADe9fF52B4E1512b39810
The post is deleted, but it sounds to me like you're saying that people are putting their emotions before any DD. I'm not mad that i didn't buy more moons. I don't understand the reason why it went back to ath and if i don't understand that then i won't know when to sell. There are a lot of coins that have gone up a lot which i didn't buy
anybody who care about core value of crypto understood why SOL value went to the roof. Oh they do their DD and realise sol has one of the highest nakamoto coef of all blockchain.
People new to DD often miss the ascending Pac Man signal.
I think buying anything today. Throw a dart at a dartboard style. You’ll be up money by next week. Fear in the DD means buy ALWAYS
Any Inu EVM (ETH, ARB, OP, BASE, BSC, FTM, AVAX, MATIC): 0x2598c30330D5771AE9F983979209486aE26dE875 SOL: ACeWC77UeW2DBZMe7YBsuXoxLvk4dHMnPzneApau1Au6 Blast: 0x764933fbad8f5d04ccd088602096655c2ed9879f （一个月合并到E875统一合约） DogNexus404 ETH: 0x8B42DD505b2b4c0b21F75eb284c7295bC71E580B
I’ve sped into a meme coin just because of how nice the website is. DD is complete. Time for this idiot to fly
Aave to 10k Comp to 7k As these big banks try to get their hands on defi. Poopring aka LOLrc to .45 bull, .10 bear as holders are still stuck on 2021 and too busy writing fantasy DD
eMaid. Seriously. Couple of reasons why it will make you a millionaire in 6 months. But I'm not going to DD it for you. Don't say I didn't warn you.
Hahah fair enough Sir, my DD brutally failed
Ding dong. Poopring aka LOLrc , look at their sub it’s back to DD and unrealistic moon prices like $10. They’ll give these losers some hope and pull the rug on them apes
You're missing the point, the idea is to constantly rebalance your portfolio so you're always taking profits when you're over allocated into an asset. Also not just random Alts, you can't throw out DD and specifically you want Alts that are least correlated with bitcoins performance. ( aka exchange coins and start ups)
You're just salty because you bought the hype and did zero DD. You're forgetting that Loopring has the best wallet in crypto, cheapest L2 transactions, it's a great DEX, multi platform L3 soon etc. Don't shit on something you don't understand. Oh and LRC did 145% over the last 6 months and BTC 180%.
0x738535A5Ea7868ca07E31dADC0D9DA9DD0E03346
Hmm 🤔 thanks ill do some DD 🙏 i think RNDR will really explode when sora comes out and all the plebs need to have access to GPUs. Maybe GMRX as well then
It has Ai in the name and its all over their mission. Just look at NVDA stock after their mention of Ai. Any company that mentioned Ai shot up. We haven’t had a cycle where Ai was relevant yet. I think this year could be like NVDA for strong Ai cryptos. Maybe FET is the strongest right now. I think Ai will lead the alts this cycle. Of course i may be wrong. Just pulling parallels from the stock market. Do your own DD. And no financial advice 😎
Solana has been shat on a lot, because its a heavily VC / corporate project, tho I assume it was mostly a scapegoat to cope that our shiny favourite chains are eating SOLs dust lol. A few downtime isses and rich mofos running it —> Not rEaL cRyPto. As though even 95% of people saying that actually cared ”for the tech” lol :D Naw homies Im here for the money. No SOL for me unfortunately and I doubt ill ever get some, but its doing a lot of things right considering how it is thriving! BUT! What the heell u mean you cant take people flaming SOL? Its a frikkin blockchain ran by shady rich people, what the fudge do you care of people are talkng smack about it. is the concept of Solana in some weird way soo intimate for you that bad words make sad? :DD Chiiill
It took me a few years to perform my DD and get comfortable with it.
Honestly all of this discussion about how no one should ever talk about is one of, if not THE, biggest drawbacks to this tech, especially as it appreciates in value. If you expose yourself as a hodler, you never know how that may come back and bite you. You can read the comments for all the reasons. At the same time, if the tech is ever going to be *truly* mass adopted, it needs to have exposure in daily, physical, interpersonal conversation. It needs to be conversationally accessible. It's a lot of work to understand it to the point that you're comfortable with getting on-board with all of the cautionary DD that comes along with it and it would go a lot easier if you had IRL tutors or friends that could help you. Online community is great, and BTC does lend itself to a digital profile easily, but our monkey brains still don't process digital interactions like we do meatspace interactions where true bonding and interpersonal learning occurs. It creates this weird double reality of enthusiasts everyone wants it, but no one has it or wants to talk about how much they love it (IRL). If the same propagational energy that it had in it's first few halvings were still around, I think it would be further along in its adoption. Obviously it's still making headway and it's becoming more widely adopted, and therefore gaining more energy, but I really do I could safely spread the word about BTC to everyone I knew without wondering if I might have to enact my ohshit wallet because a wrench hack is imminent. I'm not sure how to reconcile it. I think as an asset/currency based purely on information it's intriguing how it's handled in all social angles. But as its value increases year over year, the necessity to keep ones wallet close to the chest will become more and more necessary. Sorry for the ramble, just something that hangs out in my mind.
I don't think I'll ever understand the reasoning for getting DD or "alpha" off of youtube. Seems like the absolute worst possible medium, even if you've found a good source you'd probably be much better off consuming and analyzing it through text rather than video.
Man imagine someone will create a Wolke coin and I randomly See it on an exchange :DD
Yeah I’d lean more towards this unless you have some way to verify mining is actually taking place in a datacenter. For an end user or a “customer” Most likely any/all cloud mining operations will be indistinguishable from a scam because of the diminishing returns - even if it was a legitimate business. You would need to DYOR and much DD to verify it was legit. People will sell you picks and shovels knowing there is nothing left to dig up.
Back when Cramer was a hedge fund manager, he was referred to as 2% milke on Wall Street because that's all the money he would ever make during a given year... point is, never listen to that clown. Perform your own DD and invest accordingly
I think you misread what I wrote: I said "quality alt". If you find yourself in that scenario you described, it means you failed in your DD. There are levels to this game ;)
That's a weird way of saying you didn't do any real DD or have any idea how the network functions.
Do a lot research on lasik before you do it! The doc that invented it wants it banned because it’s so dangerous, I read some horror stories about it , would hate to hear about another , just do your DD!
Scam alert. Website tries to connect to your wallet before giving you information. No white paper. DYOR & DD. Imo.
Let me clarify my position since I have been flagged for being off topic on this sub. I personally believe in the vision of $HOOD as a company. I also know a lot of people were slighted by the company. However, there is no denying that the platform enhances Crypto adoption. I have done significant DD on $HOOD and have seen a pronounced gain from my investment. I’d imagine Bitcoin will have an outsized gain from here and don’t advocate for my investments without research. I just believe in the future of alternative currencies and there are many ways to play it. I joined this sub because Bitcoin is a standard in the space, with the most exposure to mainstream finance. I also believe many individuals and institutions will continue to adopt it as a store of value. Naturally, as Bitcoin grows so will the creative monetization around it. This should be a positive thing.
This is incredibly dumb. Haven't done your DD on HOOD. Criminals.
Lucalolio 0xeC3D76D6657a92Dc90DD80392f7AF66Bf75aC7Bd
DD says FBTC will do self custody.. might be a thing
Over a month ago, I mentioned how Stacks ($STX) and Bitcoin L2/DeFi is a narrative that very few people here seem to pay attention to or care for, yet has far more potential than any other narrative I've heard thus far. It was around $1.26 when I said that and has more than doubled in a month's time, already having surpassed it's 2021 ATH. Bitcoin is now a legitimate part of institutional investments. If you aren't doing your DD on what implications this could have on the entire market, you're missing the leading narrative altogether.
Sorry buddy I think you dont really understand the space well enough and your conclusions are poorly nuanced. As I mentioned, Osmo was a very common requirement for coins thats would otherwise have poor tokenomics and even zero to no use, therefore a shitcoin, hence the name “king of shitcoins”. Effectively, osmo facilitated all the shitcoins you see now in cosmos and people bought osmo for the airdrops. Its very simple if you did your DD that interchain operability was gonna be a huge value-add, but the ecosystem wasnt large enough 2-3 years ago to for this concept. ETH and solana was enough for most ppl. So, osmo had no value beyond just a dex in cosmos. Again, osmo did have a easy UI so its not a bad product, but its just not a product with a significant edge. Just look at the market cap and look at the native ATOM token. The market doesnt lie.
Correct. It doesn't take much DD, if any at all, to figure out that this coin's purpose is to deflect money away from GME. It's absolutely insane that anyone would go for this instead of DRSing some real Gamestop shares.
It kind of depends on your outlook of the market. Asking here, you will get a lot of Bitcoin maximalism (which is okay) but please understand the bias you are dealing with as well. Bitcoin is obviously a highly volatile/speculative asset. The US market is influencing the price of BTC more than ever and that is being propped up by the mag7 alone. Just look at BTC price swings during market hours compared to closed hours. All of us here know that BTC is a store of value, but I personally think that most people are using it to ride the bull run rollercoaster and make a quick buck. The halving coming up could make BTC shoot up or tank regardless of the supply crunch. At the end of the day, **nobody knows what the best option is and can only offer you their theories based on limited past performances.** I know what I would do, but I'm not in any position (nor is anybody here) to tell you what to do with such a large sum of money during such a speculative time. You have to do your own DD and come to your own conclusions. Good luck!
If you're here for a quick flip you've misnterpreted bitcoin and should do more DD. This is an escape from the dollar not a get rich quick scheme. Stack sats not dollars.
I don’t have my glasses with me on vacation. What is the stock? Can’t answer without DD
FOMO is the number 1 issue investors must banish. Emotion is bad for investing and trading. With some « if I had known », « I should have sold », « I should have bought » you can rebuild the world. If you had known, you would have bought bitcon in 2010 right ? You can never know, you can just rely on DD, maths and obvious luck.
I think you need to do your own DD. Asking random people for advice is gonna cause you to be a bag holder in any investment.
Not retire but doing very well. ESP at this stage of the cycle. This is my third cycle and i think i can be of some help. It took me 2 cycle to understnad this Going to go against the top voted comment here. *its okay to be a bull market genius. Actually this is where majority of the life changing wealth could be made. This applies to ALL markets* Despite what people are saying here. Most people here will not be able to make any significant profit in a raging bull. Yes you are the minority even if you did not manage to keep your winning. Analyze what it is that you did right last cycle (recognizing how it is you pick the project you did) and what you did wrong (misjudging cycle phase, hype and emotionally charged decisions). Identify a niche within the space that you can become at least knowledgable on (memecoin, defi, *the tech* aka new emerging trends, nft, social momentum etc). If you manage to get your information and DD outside of this subreddit and the common YouTubers, you are making progress. If you are Researching a certain new tech/trend all on your own, you are making progress. Apply this lesson *this* cycle. Focus on making a profit *not* life changing money (although the is can happen take it as a bonus rather than goal) Porfolio Risk Management: Know which part of the cycle you are in. Yes BTC will determine the fate of the entire space and thus *if* you have determine we are not at the peak euphoria phase, the *risky averse* way to take profit from your alt position is in BTC. The safe way and *bear* position is in stablecoins. Remember Cash IS a position and it in fact take $ to convert into and out of stablecoin whether it from crypto or fiat. You do NOT have to spend your cash position immediately. Summary. Think in BTC when in bull. Think in USD when in bear. Explorer the actual blockchain Have an open mind and disregard the general discourse in the subreddit. Yes majority of the space are scams, and there are bad actor out to get you left and right. But this is the result of a truly free market. Embrace it, understand the Wild West, learn the *street rules* and pick out your niche. There are so much free shit onchain for the explorers. At the same time there are many bandit out to get you. If you are looking for a PC friendly safe space to grow your cash. Refer to solution 1 below or just buy traditional equity TLDR road to riches in crypto: Really learn the space. Take risk. Learn good porfolio management vs risk. Understand diminishing return with BTC at this point and the same time respect the place BTC has in this space. Lastly accept that you Probabaly will not make life changing this time around but you *should* make profit with your existing experience. All market works in cycle, stack experience and one day it will all make sense. ********************************************* Or just skip all that. Upgrade you real life fiat earning skill and DCA btc. That all this sub will agree to and all most people will ever achieve in this space.
> I didn’t all sell due to being a newbie and manipulated by others who wanted me to hold their projects. >I degen’d into alts after seeing the gains they can bring. But since then it’s pretty easy to be burned and even with all my DD Your words
You’re dumb for asking this question. Do it or don’t. Do some actual DD instead of spreading bullshit.
That's the Due Diligence (DD) research I hoped for. Pointing out the easily overlooked but significant cost difference between legacy methods and blockchain performance will hopefully, over time, demonstrate the advantage of distributed ledger technology (DLT) above the legacy tech that is prevalent. --> adoption
I was also in the GME movement in 2021...I actually still hold all of my GME stock in DRS, which came about from Superstonk's incredible DD after the January fomo event. You do not have to be diametrically opposed to this movement just because you are a stockholder. You can be in both - they have different meaning and goals. Utlimately, i like the company and I like the stock, so I DRS. I also believe retail needs its own playground free from market manipulation, so I buy $GME on Solana. My long term plan is to buy even more stock to DRS with the gains I make from this. Be wary of the hardcore protectionists in here just as they warn you against the $GME on Sol crowd.
Or your misstake is to assume binance is not Solvent. Again this is just " tinfoil DD" aka bullshit.
This sounds like the GME saga - tinfoil "DD" aka bullshit.
Yea I need to rethink how I withdraw from crypto. Its something I never looked into and maybe thats my part for failed DD. A few users brought up some good points in the comments. Im gonna call my tax guy in the morning and see what they say.
Would definitely do some DD on this. I’m skeptical it can be done with BTC.
Did Beefy not have a governance vote to reimburse affected parties? I thought they were pretty good about making affected users whole (in the event of exploits), and that was one of the selling points of their platform when I was monitoring it (around 2021 run up). They put in the DD to verify the pools they aligned with were contractually sound and would use their Treasury to back it up. Guessing that isn't the case anymore?
Says the guy who can’t do 1+1 and put together the scenario I just painted for you. Much DD, mega wealth for you.
There's no official Stellar block explorer. The oldest and most reputable, as far as I know, is this [https://lumenscan.io/](https://lumenscan.io/) I'm not sure why you're trying to compare FTX (a centralized company that ran multiple cryptocurrency exchanges) with a public blockchain... they're not even remotely similar in what they do. What are you trying to get out of your DD? I'd suggest first to understand how Stellar blockchain and its multiple ledgers works, what liquidity pools actually mean in the context of Stellar and also how assets can be created on the protocol. Reading a block explorer that automatically tries to calculate the $$ value, from a chain that allows users to easily create assets, will create more confusion in your deep-dive than clarity, especially if you do not understand the underlying protocol. Lastly... the main use case for Stellar Lumens (XLM) is money transfer. Be that by crypto ppl using it to transfer value between chains/exchanges or by regular ppl trying to use the Stellar Network for remittances (be that on-chain directly or through MoneyGram transfers). Tokenized Securities is a narrative.... you can do tokenize securities on pretty much any Proof of Stake blockchain protocol, but nobody really does it yet. I hold 0 XLM, but I have definitely used it to move value between chains in situations where it was cheaper than trying to move stablecoins (think of erc20 fees impact)
Ben is no different than any other YouTuber shilling something. You have YouTubers shilling stocks, crypto, credit repair schemes, photography presets, video luts and etc. Take what they say with a grain of salt and do your own DD.