I’m a crypto guy as well but stopped the LP’ing, farming, etc. now just do long term trades in the best smaller crypto. What/where you doing?
Problem in defi (in bear markets) is the gains are counted as income and not capital gains. In bulls that is ok but in bears problematic (for my jurisdiction).
Depends on configuration. ETF to be approved is "cash in / cash out" hence yes, scam
But the principles of finance apply in crypto, too, and DeFi is going to be the $#!+. I make $800 / week just on DeFi
I’m a crypto guy as well but stopped the LP’ing, farming, etc. now just do long term trades in the best smaller crypto. What/where you doing?
Problem in defi (in bear markets) is the gains are counted as income and not capital gains. In bulls that is ok but in bears problematic (for my jurisdiction).