Not with a big chunk of your life saving it isn't. There's no Government safety net if anything goes wrong. And interest rates way above what you can get from a bank should ring alarm bells. There's no such thing as a free lunch, and if something seems too good to be true... Your average person should be wary of anything crypto.
This is why the keep running those ipo scams, trying to make back 200 billion in loss https://www.bloomberg.com/news/feat...ode-as-mortgage-boycotts-roll-on?srnd=premium
What is your point? Young people want to gamble with memecoins, not boring equities. Those seeking premium returns venture out away from regulated markets into the wild west of DeFi ponzis/rugs/scams for a reason. The rush for premium returns to get rich before everyone else is on. Government safety net means the average folk get gatekept and then drained by Wall Street. The regulation is coming, yes, because the average person only pretends they can handle the risk, until they actually have to deal with it. Then they cry. However, the alternative is to sit in investments that are pretty much guaranteed to lose out versus inflation.
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts: Report Mashinsky resigned as CEO on Sept. 27; the company filed for chapter 11 bankruptcy protection in mid July. https://www.coindesk.com/policy/202...efore-company-froze-customer-accounts-report/
I bet he spins this as a preemptive move to save the company. What I cant figure out is why they went for BK protection knowing that all this info will be disclosed.