Today I had a phone conversation with a good friend of mine who is currently looking to invest some extra funds laying around. We have been close friends for more than two decades now, and even though sometimes we may get caught up in our business and end up not communicating at all for weeks, we both know we can always trust and count on each other. The little precious things money can't buy.
Apparently he has been sitting on some savings for a couple of years now, and the ongoing inflation crisis has frightened him a bit to say the least. Commodities are pumping like shitcoins at the moment; the situation is getting out of control, but this was all to be expected if you ask me. You can't just kill production while injecting money in the market and expect prices to chill. Because that's exactly what's been happening the past two years.
Source: LubosHouska
As you can imagine, we have discussed crypto on several occasions through the years, and he knows that I have been involved in the space. The truth is that I never talk about how much money I have, invest or make, and always avoid sharing details regarding my wins in the money-making business, so we never talk numbers. However, he does understand that this has been a quite profitable hobby for me so far, plus he seems to realize that the technology behind it all is too powerful to ignore.
Lately I've been sharing my experiences with DeFi and hinting that crypto makes it possible to have your money locked in DeFi contracts earning yield 24/7. Such concepts are way too advanced for the masses at the moment, so it's safe to say that the world doesn't even know what they are missing out on. If you're an outsider, crypto is all about buying something, holding it, and selling it back at a later stage, but in reality there's a lot more to it.
Even though he does seem interested and at the same time tempted to invest, he hasn't given it a shot yet. I do not think it is a matter of trust at this point; as a matter of fact, I have no idea why he prefers to stick to earning 0.01% APY on his bank account. What I do know is I have been trying to convince this man to even create a free Hive account and get started for years now, and I have failed miserably.
If you have been venturing into the crypto space for quite some time now, then you already know there are so many ways to earn free crypto with zero risk. That goes especially for those of you producing and consuming content on Hive, you crypto nerds, who have taught me so much about the space. Well guess what, the dude isn't even interested in free crypto. I just can't get him to use my referral links, damnit.
It is what it is and I've come to terms with the fact that I just can't convince my people to join the crypto madness. It sucks as they are all using social media platforms like Facebook and Twitter, but somehow do not have time for places like Hive where you can actually start from zero and earn decent money just for socializing and commenting on people's contributions.
The best part is that content quality is unparalleled. Platforms like LeoFinance are filled with hiqh-quality material from real players who have been killing the game for years now. I have discovered gems and bought in early thanks to LeoFinance publications. I even was introduced to DeFi with the release of cubdefi.com, and now, almost a year later, a good part of my crypto holdings is locked in DeFi contracts, providing me with passive income streams.
Can you make money just by reading posts? The answer is yes, it just happens indirectly and takes time. You only need to know where to look at. This is the information era, and information is power. The returns that cannot be directly observed but are nonetheless realized are the most significant, and this is reason enough to come join the LeoFinance party.
That sums it all up for now.
Never forget!
NFA - DYOR
I'm just a random guy with opinions. This is by no means financial advice. Just my personal thoughts and experiences.
Have a good one everyone,
@lordneroo
Posted Using LeoFinance Beta
