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RE: Saturday Savers Club: Week 3

in LeoFinance • last year

Hey mate - it is always nice to get some recognition for your posts - as you said somewhere it comes and goes.

Your point about liquidity is well made - I had a reminder myself this week as I urgently needed to cash some funds out to fiat, but had very little available that was not staked or with no liquidity to get a fair price. Working on making more of my portfolio (small as it is these days) more liquid. Cosmos eco-system, were I spend alot of my crypto time, has seen a big growth of Liquid Staking tokens, and that is the direction I'm heading.

Thanks for the reminder that liquidity is of primary importance. @silverstackeruk focuses on the same thing alot, should head the message of wise heads like yours and SSUK.

Cheers mate, have a good week.

JK.

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         last year 

        Yep, @jk6276, I learned the lesson of "dry powder" during the split from ... "those other guys" ... and wrote a post about it.

        I swore I would never make that mistake again. While always a bit of a balancing act, so far, so good!

        P.S. I have also experimented on various ways to get "dry powder" in from outside Hive. I hope I live long enough to some true DexFi functionality here on our Hive blockchain, as that will be a red-letter day, for sure!

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               last year 

              Yeah, the juggle is real, my biggest issue is in the Cosmos eco-system. I love the airdrops, but they all require keeping tokens staked, so while I have funds there, they are locked up usually for 21 days.

              As for HIVE - It really does feel like a lot of HIVE likes how isolated it is. I don't get it, connecting - properly - to the bigger defi centers should be a no-brainer. Sadly, it is 2024 and the main way I bring funds to HIVE is still through a CEX - for me Binance. About the only thing I use any CEX for these days.

              I'm watching the VSC project, and keeping my fingers crossed that it can be the option.

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