I luckily traded all my BNB a few days before the real crash and 2/3 of CAKE Otherwise, a big part of the gain effects would have been diminished It was key in my furious selling yesterday, which looks like I'll be in for the same process today. I did not sleep until after 3AM my local time
Wow...it is so hard to make a simple point. As you said, make money and laugh. My point - S2007S is the only one that laughs when he doesn't make money.
I don't think it's futile. At the end of the day the principle is still the same as a stock index, but in a much more volatile asset class. DPI which is an index of 14 Ethereum DeFi tokens (OG protocols, well establish, battle tested, fee generating) performed better than a lot of individual tokens. I just grabbed some random tokens (DOGE, CAKE, and BTC) and DPI performed almost as well as BTC over the past 2 days. Pretty impressive considering DeFi tokens tend to be some of the most volatile of any in the space.
I said many times in the past few weeks that cryptocurrencies were going to collapse and collapse they did.
I see you're being disingenuous as usual. The chart I posted literally shows an index of volatile DeFi tokens which has less volatility than most individual tokens. You showed you know how to take a screenshot on your phone. Good job. Your screenshot doesn't show anything regarding indexes. It doesn't even show percent performance which makes it meaningless for relative comparisons. It doesn't show it because DOGE is down 20% since the crash while BTC is only down 7%, and that is a reality you want to disagree with.