Tuesday, March 23, 2021

Have Fun Being CPF Rich



Personally, I prefer having liquid crypto (stable)coins earning decent to even obscenely high yield, which can never be seized by any government or entity, in my complete control, that could be quickly converted to cash in my bank, unlocked and available for me to spend or move with no restrictions on transaction limit or time of the day.

But hey, that's just me.

You do you.

It's a free world.

It's not wrong to choose poverty over wealth. 

Everyone has their own preferences.

No right, no wrong.

In the end, it's just money.

I hope you're having fun being CPF rich.

Personally, I have fun staying poor.

10 comments:

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  3. Hi GMGH, what way do you use to convert stablecoins to cash?

    ReplyDelete
    Replies
    1. if GUSD, gemini
      if USDC, circle
      etc etc

      having primary access is great, if not use exchanges like binance or ftx

      Delete
    2. Thats really helpful, thank you G!!

      Delete
  4. What is your views on torque trading saga?

    ReplyDelete
    Replies
    1. sad to hear stories, but it was such an obvious scam. i have told people bluntly and directly in the past that i believe it to be a scam and to avoid it.

      greedy people will be blinded by greed and choose to ignore logic and focus on juicy numbers.

      Delete
  5. Hey GMGH, which pools are you using for your stables? Also are you leveraging on aave or compound and then taking those stables for yield?

    ReplyDelete
    Replies
    1. i think thats only a good idea if youre comfortable with borrowing and having a liquidation risk on your collateral. not really for everyone.

      Delete
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