Passive Crypto Income, Liquidation, NFTs, Waves Ducks & Splinterlands -> 117th 🐯 curation
@HODLCommunity presents to you the 117th LeoFinance Curation Post
We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.
We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.
Our goal is to support content creators and generate qualitative interactions between LeoFinance users.
We will set a 5% beneficiary for every author selected in this curation report.
So Lions 🐯, let's roll !
Considering The Process Of Transitioning To Passive Crypto Income by @steemmatt
you don't need a lot to make a lot when you compound high yield interest. If you pick your spots and recognize that many of these airdropped coins and/or yield opportunities have active Twitter accounts, strong Discord channels, and even steady Medium posts, you can get a sense of which the right ones are to engage (versus take the money and run). Sure, there is always smart contract risk, but again, researching and choosing wisely is part of the equation.
To be honest, APRs below 50%, aren't very exciting when I'm consistently getting a range of 90-500%+ on stable projects with real communities, Twitter accounts, and budding Discord channels. Defi is a special place while the rest of the world (and many even in crypto haven't thoroughly explored it yet). Also, most "risks" are more than justified by the returns, and I don't mean that in an overconfident way.
De-Fi is what will save all of us in the severe global inflation times. People try to live with the %5-10 interest rates paid for their fiat currencies while they are losing double/triple times more purchasing power each year. What De-Fi serves for the investors is the key to saving ourselves from the desperate global economy conditions. It's always been much profitable for people to invest in blockchain-based products than stay in cash in the long run. Never look back 👊🏼
How To Avoid Liquidation in the Futures Market by @tomlee
The one and only enemy of futures traders is liquidation. No futures traders want to be liquidated but I believe everyone at some points have been liquidated before. Trust me, it is usually not a pleasant experience and no one loves to experience it.
Let's make an example: Let's say you enter into a BTC/USDT long position at an entry price of $45k. Now, depending on your leverage level (between 1X to 125X), your margin and overall margin amount, you are being given a liquidation price of $38k. Liquidation can only take place if the BTC/USDT price falls to $38k. At that instance, you will be forced out of the long position involuntarily and all the funds in your futures trading account will vanish equating your account to zero.
Futures trading is highly risky hence, everything taking about account safety boils down to risk management. As a futures trader, risk management should be your watchword. Don't let greed for profits expose you to the danger of liquidation. Manage and control your risks as this will enable you last longer in the market. Remember, it is not how much you make but how much you keep.
As the author suggests, stop-loss is one of the most popular and useful ways to decrease the risks taken by the open positions. In crypto market where millions of dollars get rekt in seconds, not using stop-loss may end up with losing the whole balance instantly or gradually. Focus on your position, have a clear plan to implement and wait for the price to go up or down. IMHO, keep things simple to avoid gambling 😅
The Future of Finance: Exploring NFTs by @chloem
NFTs are gaining popularity because they allow people to own "real" assets, while simultaneously benefiting from the low-cost, high-speed services provided by smart contracts on the Blockchain.
A Smart Contract is a protocol that is built to essentially act like a virtual contract but with no middle-man necessary (unlike the contracts Humans have been making for centuries). Smart contracts allow the implementation of credible transactions without third parties. These transactions are trackable and irreversible. NFTs also benefit from their interoperability with smart contracts, making NFTs more versatile than regular cryptocurrencies like Bitcoin or Ether.
NFTs can solve problems that centralized institutions have been grappling with for years. They are a means by which individuals can participate in the NFT economy without using cryptocurrency, though NFTs are still compatible with cryptocurrencies. NFTs are not just alternatives to assets like stocks, bonds, or other assets - they are assets in their own right.
The blockchain is called as technology but I believe it is a better explanation if it is named as revolution. The way blockchain integrates our lives into trustable digital values is revolutionary in many aspects. Our lives will be fully based on Nfts, smart contracts and DAOs in the near future though it sounds pretty futuristic. For blockchain natives, it is only the thing that we expect for several years. If you want to be an active person in this new world, find yourself a seat in this growing ecosystem 💪🏼
The Waves Ducks Project & How To Access It by @benie111
Wаvеѕ Duсkѕ is a brand-new NFT gаmе with a uniԛuе gаmерlау that mixеѕ сlаѕѕiс gаming соnсерtѕ with real-money еаrning potential. Users buy in-gаmе сurrеnсу, $ EGG tоkеnѕ, whiсh thеу use to raise gаmе сhаrасtеrѕ, ѕuсh as duсkѕ, in оrdеr to еаrn mоrе $ EGG, build their duсk fаrm, аnd соmреtе with оthеr рlауеrѕ. An NFT mаrkеtрlасе hаѕ bееn inсоrроrаtеd in thе gаmе for thе buуing and exchange of рlауаblе сhаrасtеrѕ. Waves Duсkѕ intrоduсеѕ nеw рlау-tо-еаrn fundаmеntаlѕ tо online gаming, allowing асtivе participants tо mоnеtizе their еndеаvоurѕ аnd еаrn раѕѕivе revenue.
Thе аmоunt оf dоllаrѕ rаiѕеd iѕ dirесtlу proportional tо thе duсk'ѕ uniqueness. Thе mоѕt оutѕtаnding Wаvеѕ Ducks рlауеr nоw еаrnѕ оvеr $100,000 реr mоnth in passive inсоmе thаnkѕ to thе development оf hiѕ farm. Thе mоѕt expensive duck iѕ wоrth $ 15,000. Surрriѕinglу, Waves Duсkѕ iѕ played bу over 7,000 реорlе frоm аll оvеr thе wоrld.
I have been playing Waves Ducks for 2-3 months and I adore this game. Contrary to other GameFi models, players can breed their baby ducks or use their own ducks in fight or farms to generate egg token. What's interesting about the game is the distribution of farm tokens that pays you daily Egg tokens.
In waves ecosystem, waves ducks play an important role to attract attention + generate revenue for the WAVES ecosystem. I'm a huge fan of Waves for 4 years and the way Waves Ducks help people earn money is pretty awesome 🦆 Strongly advised ^^
5 Things To Do Before The Chaos Legion General Sale by @walkingkeys
The general sale for Chaos Legion is almost here!!! We are a little over a week away from this exciting time, but there are a few things that we need to do before the sale.
Splinterlands Town Halls , Calculate The Cost Of Potions, Know The Cards, Get There Early....
Don't miss your chance to get these packs.
This is an exciting time for all of us in the Splinterlands community and make sure you are ready for the General Sale.
Splinterlands General Sale is getting closer. For millions of people, it is an exciting time for the history of Splinterlands. I see many of my friends collecting as much credits as possible for the time of general sale. Until now, I bought Chaos Legion Packs to be eligible for 13 more airdrops and the next strategy of mine will be focusing on the prices of great cards in the general sale stage.
Please check the suggestions by the author to get an insight 🎯
Splinterlands will be in amazing positions within 2-3 years. Trust me 🐱👤
This post is created by @idiosyncratic1 to curate quality content on LeoFinance.
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I'm sorry, I'm still new here, if I delegate some of my HP to you, for example, 10 hives from my HP, what will I receive?
Excuse me for the naive question
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Ok, thank you, I'll try to delegate :)
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