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1) Stop social media
Foremost because it makes a huge difference.
It's endless sea of garbage, you feel overwhelmed while you learn nothing worthy.
2) If you want to learn something (Investing, Trading, etc) - Get a paperback
You will be much better concentrated than reading it on digital device/internet. Books smell good too.
3) Sign up for newsletters
If there is project/ecosystem you want be up to date with, sign up for newsletters. Some are daily, some are weekly, you will know what you need to know. If there are emails that add no value, unsubscribe.
4) 'Missing the boat'
New coins/tokens come daily, just keep trying for next one, you will eventually succeed. Make sure to learn from past failures, so chances of success increase.
5) 'Read later' trap
Read it now, or don't bother.
6) To do list
If you are doing something and keep getting distracted then have a to-do list app or note near you. Write down your thoughts and go back to whatever you were doing.
Come back later and you will be surprised to see how many of those 'important thoughts' that you thought didn't even matter.
6) Read relevant
If you don't know what you want, you end up with a lot you don't.
— Chuck Palahniuk
7) News tab in your browser
Just disable it. It distracts you.
8 ) Disable notifications
Disable notifications on Discord/telegram/emails, and check them once a day.
9) Ignore clickbaits
'This coin going to moon '
'Huge event incoming'
'Coin mainnet leaked '
'This is what happens to bitcoin next'
Just ignore. Rather check for events on coinmarketcal or if you find some project interesting - directly subscribe to their newsletter or other official channel.
Now, get off Internet, it helps.
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So this is based on my current situation and imma be honest without going into specific details.
I'm saving up money for a goal.
And due to that goal, I tend not to spend it 'wastefully'.
You are probably aware of the fact that on ethereum these days, projects tend to do retrospective airdrops, and usually these drops turns out to be thousands of dollars, only caveat is that you are bidding on potentality, and this potentiality costs hundreds of dollars in gas.
I have come across several projects which I was quite sure that they would do an airdrop, and later they did. But, I was handicapped by the thought that, 'what about your goal, gotta save for it' and didn't go further.
Had there been no goal, I would have been in much better position than I'm right now. My own goal handicapped me.
Let me know your thoughts.
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Chain of events: - FTX rebranded Pax to USDP on their deposit page, but they failed to notify users for the update. - USDP is also ticker used by Unit protocol's stable coin. - One FTX user assumed that exchange supports the Unit Protocol's stable coin - USDP, and he deposited the same (which in reality is not supported by the exchange but is erc20 token so ends up in exchange's address). - He contacts the FTX support, they refund the amount but with 15% fee which amounts to around $1M. - User was disappointed with the fee taken and appeals further but gets no response. Just cause, TnC, Wrong Address or Chain
FTX is not responsible if you send deposits or withdrawals to an incorrect address. If you are withdrawing from FTX to an incorrect address, there is nothing FTX can do to recover the tokens. If you deposit to an incorrect FTX address, we can attempt to recover it, but may charge a fee to do so, and if we do not generally support the deposited token or method we may be unable to recover it at all.
The chain that a crypto deposit is sent on is really important. If deposits are sent on the wrong chain we may attempt to recover it but this is in no way guaranteed. A minimum 5% fee will be charged but in many cases we will either not be able to recover the unsupported token or will require a significantly higher fee. Looking at above tnc it says minimum of 5%, so sounds like user is screwed but it has been updated 8 hrs ago. The prior TnC was as follows (as taken for Rekt.News article), FTX is not responsible if you send deposits or withdrawals to an incorrect address. If you are withdrawing from FTX to an incorrect address, there is nothing FTX can do to recover the tokens. If you deposit to an incorrect FTX address, we can attempt to recover it, but will charge up to $500 or 5% to do so.
The chain that a crypto deposit is sent on is really important. If deposits are sent on the wrong chain we will attempt to recover them but an automatic 5% fee will be charged for chains that we have systems to recover from; from other chains we might not be able to credit. Here it says $500 or up to 5%.
Full read: https://www.rekt.news/ftx-terms-and-commissions/Edit: This seems to be solved, either way we have lesson to learn, don't blindly deposit looking at ticker, it could go much worse with other cexes and certainly with dexes: https://mobile.twitter.com/SBF_FTX/status/1445814621097451529 |
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Have joined hundreds of airdrops and have learned something which I would like to share with you as many seems to waste their time on shityy airdrops which tbf aren't even worthy of being called airdrops.
Significant value airdrops did not ask for much info or tasks.
These projects stayed true to what 'airdrop' really is. Only asked for the address so they can send you token, tho sometimes there were requirements to prevent sybil entries.
No follow to tens of social links and other social media bs, didn't attach $ value, no sign up, no lucky winners, no referral shite, and oh, no KYC.
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If you are tired of manually finding and adding new network(s) to your metamask (or whichever you use), you might find this site helpful. https://chainlist.org/Connect wallet >> search the network (for example, Polygon) >> add to wallet That's it. Easy? |
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1) Hop Protocol Supported: Ethereum, Polygon, XDai, Optimism, Arbitrum Link: https://app.hop.exchange/2) Xpollinate Supported: BSC, Polygon, XDai, Fantom Link: https://xpollinate.io/3) Celer Bridge Supported: Ethereum, BSC, Polygon, Arbitrum, XDai, Fantom, Avalanche, Optimism, OkexChain, Heco Link: https://cbridge.celer.network/4) AllBridge Supported: Ethereum, BSC, Avalanche, Heco, Polygon, Solana Link: https://app.allbridge.io/bridge5) Rainbow Bridge Supported: Ethereum, Near, Aurora Link: https://ethereum.bridgetonear.org/More from comments: There are a lot more bridges. If a blockchain wants to expand its DeFi ecosystem, a bridge is a must to attract money flow from other blockchains. There are two types: in-house bridge and 3rd party bridge. In-house bridges:Binance Bridge Supported: BSC, ETH, TRX, OMNI (suspended) Link: https://www.binance.org/en/bridgeTerra Bridge Supported: Terra, ETH, BSC, Harmony (ONE) Link: https://bridge.terra.money/Horizon Bridge Supported: Harmony (ONE), ETH, BSC (BUSD only) Link: https://bridge.harmony.one/Avalanche Bridge (Beta) Supported: ETH, AVAX Link: https://bridge.avax.network/Third party bridges (high risk): Multichange.xyz Supported: ETH, BSC, FTM, HECO, Polygon, xDAI, Fusion Link: https://multichain.xyz/Anyswap Supported: ETH, BSC, FTM, Fusion Link: https://anyswap.exchange/Debridge (developing) Supported: ETH, BSC, Polygon, HECO, Arbitrum Link: https://debridge.finance/
If you know more, do comment! |
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If you ever used ethereum dexes like uniswap/1inch or yield farming dapps, you would be aware that you have to make two transactions. The first transaction is to Approve spending or depositing a certain amount of a specific token. The second step is where you actually make a trade or deposit tokens into a liquidity pool or farm. Now, In first approve transaction, there are two types — 'approve once' and 'approval all'. In both cases, you are giving permission to smart contract to manage funds on your behalf. Difference being, in first one, you are giving permission for exact amount. For example, , if you are approving 100 usdc, that's the only amount smart contract will have permission for. While, In second, it will have access to all your funds, now and in future — you can revoke this, we'll get there in a bit. Unlimited allowances offers a superior user experience as the user just needs to approve it once, and not repeat the process for subsequent deposits. In simple words, it saves you from insane gas fees. However, the downside of infinite token allowances is it presents an opportunity to exploit users. If a user gives infinite approval to a smart contract address in a DeFi application and if that smart contract gets exploited or some bad actor somehow gains control of the address, they can sweep the specific tokens from any wallet that gave permission to spend their tokens. Hardware wallets doesn't save you from this either. How unlimited allowance can fuck you up: https://twitter.com/amanusk_/status/1313070958794727430So Is single allowance is better? Security-wise yes, but paying hundreds of dollars for approval transactions might not be a sound decision either. It's a choice between lesser of two evils. If you drift towards unlimited allowances part, do check your outstanding allowances periodically, and revoke those that you're not actively using any more (approvals don't expire). Here are some websites you can use; 1) https://tac.dappstar.io/2) https://approved.zone/3) https://ethallowance.com/4) https://debank.com/approve 5) https://revoke.cash/Each Revoke transaction will set the spending limit for that smart contract address back to 0, protecting your wallet and tokens. Do keep in mind that Revoke transactions also cost gas. |
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I have been scammed several times during my stay in crypto. Once you are parted with your money, you see all the red flags that you were unbeknownst to before. Here are some,
1) Anonymous team: No it's not next Bitcoin.
2) Most scammers don't have patience: Avoid websites with broken English and reused template that you see on hundred other sites.
3) Does product exist?: If there is no trace of it today, it won't be here tomorrow. Avoid promises.
4) Huge bonus: Buy our shit tokens for $1k usd and get 100% bonus.
5) 'Add any famous coin' killer - 'ethereum killer', 'bitcoin killer' - you get it. If you don't have your own identity you won't go anywhere.
6) Vague communication/Getting defensive when community calls them out: If you ever been in shitty project you can imagine what I'm talking about.
7) Projects who aren't transparent with their funds: Who owns the fund? What's timelock, if at all? How were they minted and in what amounts? If you don't get satisfactory answers, leave.
8 ) Don't have proper social media profiles: Find the names and search on LinkedIn, Twitter, etc. Also, these profiles should be old, not created recently. Check if they have mention of project in their bio, does the team have prior experience?
9) 1% daily return scams - One in my circle recently got scammed with this, he was excited to see those numbers jump up daily but when it comes to withdraw they won't let you.
10) Projects who claim to disrupt this and that industry with the promises like buy our token and get 500% return. 2017 was filled with this and none of them exist today.
11) Farm here and get 1000% apy: You provide liquidity to farm that nice apy, meanwhile you just paved a way for scammer to dump on a millions of worthless tokens.
There are more, you will know when you get scammed.
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I visited a guy, he mines ethereum and raven with 7 gpus. Investment was about 22k usd and he gets about 30 usd a day.
Looking at it, it will take 2 years and then it's autopilot income. What am I missing?
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Was surfing Twitter feed and came across this poem. It's quite emotive and may help you feel what Afghanistan people are going through right now.
 no one leaves home unless home is the mouth of a shark you only run for the border when you see the whole city running as well your neighbors running faster than you breath bloody in their throats the boy you went to school with who kissed you dizzy behind the old tin factory is holding a gun bigger than his body you only leave home when home won’t let you stay. no one leaves home unless home chases you fire under feet hot blood in your belly it’s not something you ever thought of doing until the blade burnt threats into your neck and even then you carried the anthem under your breath only tearing up your passport in an airport toilet sobbing as each mouthful of paper made it clear that you wouldn’t be going back. you have to understand, that no one puts their children in a boat unless the water is safer than the land no one burns their palms under trains beneath carriages no one spends days and nights in the stomach of a truck feeding on newspaper unless the miles travelled means something more than journey. no one crawls under fences no one wants to be beaten pitied no one chooses refugee camps or strip searches where your body is left aching or prison, because prison is safer than a city of fire and one prison guard in the night is better than a truckload of men who look like your father no one could take it no one could stomach it no one skin would be tough enough the go home blacks refugees dirty immigrants asylum seekers sucking our country dry niggers with their hands out they smell strange savage messed up their country and now they want to mess ours up how do the words the dirty looks roll off your backs maybe because the blow is softer than a limb torn off or the words are more tender than fourteen men between your legs or the insults are easier to swallow than rubble than bone than your child’s body in pieces. i want to go home, but home is the mouth of a shark home is the barrel of the gun and no one would leave home unless home chased you to the shore unless home told you to quicken your legs leave your clothes behind crawl through the desert wade through the oceans drown save be hunger beg forget pride your survival is more important no one leaves home until home is a sweaty voice in your ear saying — leave, run away from me now i dont know what i’ve become but i know that anywhere is safer than here. — Warsan Shire
Sources: Image | Poem |
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Iirc there was no '+merit' option to your own posts/comments before. Is it recently added or was I tripping whole time?
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