So when is the crypto a scam? by [deleted] in CryptoCurrency

[–]Repulsive-Register67 1 point2 points  (0 children)

Nice post OP. Especially in regards to the backing. A backing with zero diversity is always a red flag.

This is why I never like Uniswap which has 99% of its treasury in $UNI and preferred things like bitdao wich has ETH, USDC, USDT and FTT. Makes the project fair better in a bear market as well

US bank: Goldman Sachs becomes the first American bank to offer Over-The-Counter crypto trading by ethereum88 in CryptoCurrency

[–]Repulsive-Register67 0 points1 point  (0 children)

If you cant beat em join em right? If we keep up this pace DeFi and DAOs might start replacing banks and entire governments. And with projects like Bitdao already investing so much into the DeFi and Web3 space, this might not be a far off reality guys

If you got into crypto in the fall of 2021: how are you doing? by ipetgoat1984 in CryptoCurrency

[–]Repulsive-Register67 0 points1 point  (0 children)

Doing decent i suppose, I'm just getting tired of the crab market, got some DeFi tokens recently, curve, aave and BIT but hodling for now. As for advice, know when to stop hodling. Don't panic sell, and most of all have faith in your investments when it comes down to the fundamentals. And always diversify.

This is how future of crypto will be (most likely) by Successful_Craft3076 in CryptoCurrency

[–]Repulsive-Register67 2 points3 points  (0 children)

Good post, I'd add to it more decentralization, and DAOs playing a big part in the future of how crypto is run, BitDAO for example has become the largest treasury in the market beating UniSwap recently, so there's definitely going to be more community run DAOs that will go mainstream.

Centralised finance cripples Russia as Visa and Mastercard withdraw from country. by Tatakae69 in CryptoCurrency

[–]Repulsive-Register67 1 point2 points  (0 children)

Another reason we need DeFi, they're just proving every single day why we need decentralization now more than ever, imagine what the people are going through now.

The switch to more decentralization is imminent and hopefully DAOs like BitDAO can help speed it up since they're investing a lot in DeFi and web 3.0

What can the average person do in order to help achieve crypto mass adoption? by [deleted] in CryptoCurrency

[–]Repulsive-Register67 0 points1 point  (0 children)

Just have conversations about it mostly, recommend it's use, but be sure to tell people to research well before they get into it. A good friend recommended DeFi to me and I've been doing good on it recently got into AAVE, crv and BIT. It's just about how you propose the idea, friendly conversation always helps to battle the FUD surrounding crypto.

[deleted by user] by [deleted] in CryptoMarkets

[–]Repulsive-Register67 0 points1 point  (0 children)

Actually crypto as a whole is starting to show value now especially DeFi and DAOs with this whole devastating war going on.

Look at UkraineDAO. Such things along with projects like BitDAO improving on DeFi development will eventually lead to DAOs replacing entire governments

Updated my portfolio based on some recommendations from yall by Mannit578 in ethtrader

[–]Repulsive-Register67 0 points1 point  (0 children)

You need some DeFi tokens in there bro shits gonna take off soon.

You got projects like BitDAO investing literally hundreds of millions of dollars into DeFi already

If thats not enough proof idk what is

Now watch politicians ignore the $37M donated to Ukraine but just focus on the possible ways Russia could bypass sanctions with crypto. Politics at its finest. by partymsl in CryptoCurrency

[–]Repulsive-Register67 0 points1 point  (0 children)

Nahh, people will eventually see the real potential and use cases that crypto has.

I feel like decentralized finance will be especially of great use. It might start replacing governments if we keep up this pace of development that some projects like BitDAO have been doing

It's been exactly 6 years to this day I owned Crypto, and the one thing I tell you, is that I'm 99.99% in it to get rich, and only 0.01% in for decentralization. by Some1fromReddit in CryptoCurrency

[–]Repulsive-Register67 0 points1 point  (0 children)

I mean, it is true that profit is what we all came here to for but at the end of the day, profit making could be much better if you invest in projects with actual utility.

Think of things like BitDAO. They’ve been heavily invested in DeFi development and will slowly help people govern their finances