chasing yield is a waste of time
But no one in the Crypto world will listen as its all about fast, easy money to the vast majority and Crypto seems to normal and intelligent people into jibbering imbeciles.
Example. If I showed the same person a savings 'account' from an unheard of, or even a well known bank that paid 100% interest, they'd laugh their head off and say it was a scam. Yet, show them an unknown Crypto 'company' that tells them they can earn 2300% APR and they can't throw enough cash at it!
Fucking barmy.
LOL I have to deal with these muppets all the time and explain basic math, even 8% is a madness in this environment but people rationalise all sorts of stupidity because they can't price risk and chase stories not fundamentals. This site is full of these morons