5 Brilliant Tips for DeFi Newbies
Are you thinking about trying DeFi now that centralized crypto exchanges and lending platforms have killed your trust? Read these tips before you get started.
Did you lose money on FTX? Celsius? Voyager? BlockFi? Are you interested in having a responsible portion of your portfolio in a new financial frontier based on technology and rules? Do you like the concept of having your wealth accessible 24 hours a day and without institutional constrictions?
Are you interested in getting started in what will probably be a multi-trillion-dollar market before everyone starts using it? If you are forward-thinking and mildly savvy, DeFi presents a tremendous opportunity in its current state.
Getting started in DeFi can be challenging. There’s an extremely high probability your friends, family members, or co-workers don’t understand DeFi. So, what resources online can you trust? And we are dealing with real money here. Nobody wants to lose money they worked hard for.
But that’s why you are doing your research. You are intrigued by this new financial concept and its opportunities. And this article is a great place to start. I’ll share some of the best tips I wish I had known before jumping into DeFi nearly two years ago.
