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Author Topic: I Invested $4,800 into Cryptocurrency trying to earn Passive Income W/ DeFi  (Read 103 times)
VoskCoin (OP)
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December 18, 2020, 07:42:22 PM
 #1

I invested $4,800 into crypto trying to earn passive income with cryptocurrency, so what happened?! I am earning passive income in numerous ways and today we focus on Compound Finance profitability! Subscribe to VoskCoin - http://voskco.in/Sub

https://www.youtube.com/watch?v=h9V1hUu27Yk


Investing $4,800 into cryptocurrency is super risky, and this video is not financial advice I'm simply sharing my experience and earnings from investing $4,800 into crypto more specifically into decentralized finance DeFi and to be exactly precise Compound Finance on the Ethereum blockchain! Let's review how much money I spent in ETH gas fees to move my coins around, the interest I earned while lending my DAI and USDT crypto coins out and basically if this was a great investment or I do I actually end up losing money somehow?!

Links!
Compound Finance DeFi lending and borrowing DApp - http://voskco.in/comp0x
Uniswap decentralized exchange DEX DApp - http://voskco.in/uniswap
Compound Finance COMP to USD - http://voskco.in/compusd

⏰ Timestamps ⏰
00:00 I invested over $4800 in DeFi
00:39 DeFi Investments vs Traditional Investments
01:32 Compass is creating a Bitcoin mining marketplace
01:59 What is Compound Finance?
02:16 - 03:20 High Risk Investment Disclaimer
03:48 How much money did I earn from buying $1000 in COMP crypto coins
04:50  Investing over $4800 in cryptocurrency w/ Compound Finance DeFi!
09:20 Sponsor Cryptoenter and their LION token!
11:08 Ethereum transaction fees GAS FEES insane and COMP voting
14:56 How much money did I make lending coins on Compound Finance
17:27 Compound Oracle exploit - $103m lost
19:19 Is it worth it to invest in Compound Finance Ethereum DeFi?
20:50 Proposal for Compound grants to reward community contributions
21:41 Did I earn or lose money lending coins on Compound ETH DeFi

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VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.

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sportclub2010
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December 18, 2020, 08:33:36 PM
 #2

VoskCoin I liked your YouTube channel. I watched fresh videos. I signed up and look forward to new, interesting videos.
cryptofirm
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December 18, 2020, 10:33:00 PM
 #3

if you choose the right defi project, i think you can earn good passive income with your $4,800 my friend
but, for me if i have about $4,800 i will use thus money for trading  Wink

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FISH token sale at Sovryn
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optimisticcm
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Sovryn - Brings DeFi to Bitcoin


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December 18, 2020, 10:47:37 PM
 #4

Defi projects are unfortunately still unreliable, I am talking in terms of number of hacks and security loopholes we have seen that it is like suicide locking your funds in them till yet because every other day we hear news of hacks and funds stolen from even the good projects so I think there is a lot need to be done atleast on the security and hacking issue before defi can come to masses.

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