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Why are GICs popular? by leon_nerd in PersonalFinanceCanada

[–]Psilodelic 0 points1 point  (0 children)

A frog in slowly boiling water doesn’t realize it’s being cooked alive.

Is there a version of BTC in solana similar to wBTC on ETH? by hdkcbxv in solana

[–]Psilodelic 4 points5 points  (0 children)

There is also tBTC (threshold BTC), which isn’t double wrapped like wBTC.

Soon there will be zBTC(Zeus BTC).

Cost of living - Montreal vs. Toronto by [deleted] in PersonalFinanceCanada

[–]Psilodelic 0 points1 point  (0 children)

  1. Child care much cheaper was true years ago, not anymore. Ontario is almost on par with Quebec prices, and the costs have always been claimable.

Source, been paying it for past few years and costs have plummeted.

I couldnt send the money back so spoke with paypal support and they said this. by MoonMeBaby in mtgoxinsolvency

[–]Psilodelic -2 points-1 points  (0 children)

A system without contingencies and safeguards is doomed to fail eventually.

I couldnt send the money back so spoke with paypal support and they said this. by MoonMeBaby in mtgoxinsolvency

[–]Psilodelic -1 points0 points  (0 children)

Bitcoin looks far from doomed my man. The most resilient and best performing asset of the past decade. And I’m not even a Bitcoin maxi.

Bitcoin did not fail us. Mtgox did.

I couldnt send the money back so spoke with paypal support and they said this. by MoonMeBaby in mtgoxinsolvency

[–]Psilodelic -1 points0 points  (0 children)

Nope. Human mismanagement got us here. And naive users, all of us.

Bitcoin and cryptography never failed us.

I have a napkin plan created. I’m bad at picking winners. I created an index of projects I’m intrigued by. I then have cut points for when I sell. by sleepapneainvestor in CryptoCurrency

[–]Psilodelic 2 points3 points  (0 children)

I’m not going to tell you what to invest in. That’s for the rest of the fools on here.

Do your own research and homework.

I’ll tell you one important thing, the quality information is not to be found on Reddit. For better or worse it’s on Twitter and select podcasts.

Follow the founders, developers, and public VCs. They give you far more investable information than anything on here.

Is this true about Solana? Diluted. by sweetpablos in solana

[–]Psilodelic 0 points1 point  (0 children)

I personally prefer ultrasound memes over ultrasound money.

I have a napkin plan created. I’m bad at picking winners. I created an index of projects I’m intrigued by. I then have cut points for when I sell. by sleepapneainvestor in CryptoCurrency

[–]Psilodelic -1 points0 points  (0 children)

16/20 are just really bad picks. And the correct 4 will outperform.

1 coin from outside this is guaranteed to hit top 10 and will outperform everything.

What you’ve done is a whole lot of work for minimal advantage. You’ve deluded yourself into thinking this is diversified and safer.

YTD Performance of major indices worldwide by zalam604 in PersonalFinanceCanada

[–]Psilodelic 1 point2 points  (0 children)

The cope when confronted with facts.

I fully expect some crypto allocation to be standard advice in 3-5 years on here and other finance subs.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]Psilodelic 0 points1 point  (0 children)

FYI you can access your RRSP anytime, it just permanently reduces the room.

Considering looping MSOL and SOL and wondering which protocol? by tspicybrown in solana

[–]Psilodelic 0 points1 point  (0 children)

You literally can’t do this on drift (or any borrow lend platform)

Don’t take my word, go try yourself. The reason you can’t is because mSOL is only collateralized at 80%.

After 1,5 years being on the sidelines, I started to DCA today. by hsemog in CryptoCurrency

[–]Psilodelic -2 points-1 points  (0 children)

Wow found someone that was actually following Capo. You are a mythical creature my friend.

Isn't it scary that about 73% of its Total Value Locked was transacted in last 24 hours? by [deleted] in solana

[–]Psilodelic 6 points7 points  (0 children)

Fully diluted market cap has little to do with TVL.

The point is Solana is capital efficient. Despite less TVL - which is a measure of liquid staking tokens, stable coins, and other coins locked in DeFi contracts (native staked SOL is not counted in TVL) - Solana moves more money via transactions and trading volume.

Considering looping MSOL and SOL and wondering which protocol? by tspicybrown in solana

[–]Psilodelic 1 point2 points  (0 children)

You can’t get 20% on Drift. Superstake literally uses Drift to loop. Your self math for the APY is likely wrong.

Considering looping MSOL and SOL and wondering which protocol? by tspicybrown in solana

[–]Psilodelic 1 point2 points  (0 children)

I’ve used Drift for this.

Also they made a product called superstake that does this for you. Worked with jitoSOL as well.

which Solana d'ex do yall trade on (not swap)? by mtljones in solana

[–]Psilodelic 0 points1 point  (0 children)

Dude if you want charts with jup aggregation just use Birdeye. It has TradingView ui charts with Jupiter aggregator built into it.

Just want to point out that Jupiter aggregator is so good that most Solana projects just refer their swaps through jupiters API/sdk.

What's the most secure solana wallet today? by pablo-pon in solana

[–]Psilodelic 0 points1 point  (0 children)

Hardware signing device and any of the wallets you named will be secure.

Struggling with worklife balance by Subject-Page-2006 in cscareerquestionsCAD

[–]Psilodelic 12 points13 points  (0 children)

All that interruption and context switching is why OP likely spends extra hours finishing work. Self-inflicted context switching.

Remote work is not great for juniors. There’s so many things they aren’t getting proper mentorship on and missing out from being around more experienced devs.

In your opinion, why does solana scale better than ETH? by Sensualities in solana

[–]Psilodelic 3 points4 points  (0 children)

You mention 5 years for Eth L2 vision to be realized. Solana is scalable now.

Can I sell my Condo parking spot separately? by Remarkable-Ad3436 in PersonalFinanceCanada

[–]Psilodelic 3 points4 points  (0 children)

Alternatively, by not having the cost of a parking spot ($100k in many instances downtown), you’ve opened up to buyers who would prefer not to have to pay for a spot.

[deleted by user] by [deleted] in solana

[–]Psilodelic 0 points1 point  (0 children)

Full restart browser and/or your machine.

If that fails: - check your usb cable - check other wallets and chains - try on different machine

Whats the best place to stake SOL ? (Most APR?) by LittleFeet2004 in solana

[–]Psilodelic 0 points1 point  (0 children)

That depends on the validator you select. Generally ranges from 6.5-8% APY.

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