Opportunities Missed...

in #investing3 months ago



The journey within the Crypto space has been an interesting one over the last couple of years. While I have not been surprised by the volatility over the time period, I am astonished at the amount and speed of development in the space. The passion of many communities has been the catalyst to progress that can only be compared to how the internet how developed over time; we know how much value that has already created in the economy.

While this rapid progress was on my thought process to invest in the space, it has outpaced my expectations to a level that I could not even keep up with it! I identified Decentralized Finance (DeFi) as a needle mover for the asset class but the valuable resource of time was not on my side to do the sufficient research to take advantage of these opportunities. The bad news was missing the boat on the likes of yield farming and new tokens that have created billions in value in less than three years. However, it has brought the great news of alternatives for my portfolio over the long term which is my vision.

Luckily, I did continue to accumulate assets in the Ethereum world which helped my second step (first was my DAI Oasis research) into the DeFi space an easier task. I have now tested a bit on the Liquidity Pool concept and have to admit that I am impressed. Despite the reduced returns being seen given the growth in platforms and competition, the yields are still so much greater than almost anywhere in traditional finance. In fact, it has even brought down the amount I have been targeting for a retirement like fund which was high considering the 4% rule often put on it. The early tests on those I have encountered are showing returns in the teens, net of impermanent loss risks.

While I still have lots to learn, my approach of understanding and piloting tests before jumping in has worked out. I continue to practice good investment practices like diversification and scaling into positions which should help over time. However, it seems that there is no going back now given the amount of assets staked across the DeFi platforms. This will only improve on technology and experiences which will drive growth, adoption and ultimately, more value!

Discord: @newageinv#3174

Chat with me on Telegram: @NewAgeInv

Follow me on Twitter: @NAICrypto

The following are Affiliate or Referral links to communities that I am a part of and use often. Signing up through them would reward me for my effort in attracting users to them:

If you are like me and interested in continued personal growth, invest in yourself and lets help each other out by leveraging the resources Minnowbooster provides by using my referral link

Start your collection of Splinterlands today at my referral link

Expand your blogging and engagement and earn in more cryptocurrencies with Publish0x! Sign up here!

The best new browser to protect your privacy while still being faster and safer. Try the Brave Browser today with my affiliate link here: https://brave.com/wdi876

Try the Partiko Mobile app to engage while on the go with my referral link

Get started on the latest game on the blockchain Drug Wars by signing up here!

If you select one of my above referral links, I will sponsor a @steembasicincome SBI in return. Let me know if you do so in the comments below!

DISCLAIMER: The information discussed here is intended to enable the community to know my opinions and discuss them. It is not intended as and does not constitute investment advice or legal or tax advice or an offer to sell any asset to any person or a solicitation of any person of any offer to purchase any asset. The information here should not be construed as any endorsement, recommendation or sponsorship of any company or asset by me. There are inherent risks in relying on, using or retrieving any information found here, and I urge you to make sure you understand these risks before relying on, using or retrieving any information here. You should evaluate the information made available here, and you should seek the advice of professionals, as appropriate, to evaluate any opinion, advice, product, service or other information; I do not guarantee the suitability or potential value of any particular investment or information source. I may invest or otherwise hold an interest in these assets that may be discussed here.