I APED into an unknown territory, check out my thoughts... by mistakili

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @mistakili · May 11 '21 (edited)

$11.56

I APED into an unknown territory, check out my thoughts...

![FDA20AC2-8DC0-4AF4-B617-97BB738A7655.jpeg](https://images.hive.blog/DQmcDDiVUJCgToNbA8JtmXAAtfuLMYN5hogVfc3sqjhhrg2/FDA20AC2-8DC0-4AF4-B617-97BB738A7655.jpeg)
[Source](https://www.bitcoininsider.org/article/36491/gullible-ape)

Mahnnnn you guys that farm from one DeFi platform to the other without having any sort of connections to the project or the devs running the project have got some balls.

I Aped into farming on Pantherswap two nights ago and believe me you, I haven’t slept with my two eyes closed, I’m not used to this type of risk, not that complaining, if there’s a 1% chance that something will work, then I’ll take it, you know how reckless I can be when taking risks, but this.....this.....

![6788C211-8240-45E7-9F33-6E165A4AF353.jpeg](https://images.hive.blog/DQmQ6SteAb3fUTxmiHN5HGfVXi1w22GZ2EVmTCcTVBfn4QL/6788C211-8240-45E7-9F33-6E165A4AF353.jpeg)

People underestimate the peace that comes with putting your funds somewhere and knowing it is safe, playing DeFi on Cubdefi and Thorchain has been seamless, I’ve had no fears of rugpulls or other exploits,......

.....oh did I mention that the Pantherswap code’s audit is marked in progress by Certik on their site, does it mean the system is vulnerable? Well, maybe, more than most that are audited, but paranoia aside, there’s some interesting profit to be made on the platform, have you seen the TVL? Ishhh....

It makes me remember the early days of farming on Cubdefi with explosive APYs, everyone was yapping about it, like, why wouldn’t they, at least on Cubdefi we can sleep with our eyes closed. I know that APEing into Pantherswap is me pushing my luck, but risks are for taking aren’t they?

I’m pooling my Bnb as I saw that it offered really interesting APY, about 490% at the time.

So I was thinking, if DeFi just means that people farm tokens and go, how will the token sustain its value? Demand has to be more than supply, hence sinks, healthy burns, why should a farmer hold a platforms token after making bank from it? Fundamentals, utility, community and excellent tokenomics.....perhaps?

While most platforms are still experimental, some will eventually figure it out, those with unrelenting committed devs and stronk community, and some won’t, I’m keeping a close eye on the DeFi sphere, not just to catch the platform that pops but to also see who will remain at the end of the day.

What has been your scariest investment? Do you have any experience you can share about a risk you took that worked out?

Thanks for reading....

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/i-aped-into-an-unknown-territory-check-out-my-thoughts)

👍 smasssh, hodlcommunity, redes, bagholders, thebluewin, nautilus-up, scripsio, vlemon, kenny-crane, josediccus, joetunex, tomoyan, shanibeer, drax, celestal, jskitty, kreur, reggaejahm, arunava, carrieallen, bliss11, nulledgh0st, goingbonkers, accelerator, chekohler, escapeamericanow, camuel, defi.campus, sbi2, oldmans, idiosyncratic1, karinxxl, hivelist, minimining, pcste, gloriaolar, shortsegments, prettynicevideo, rok-sivante, okean123, pixiehunter, kennybot, garagebill, mynima, liberlandpress, filotasriza3, good.game, culgin, tiamaria, soufiani, jeronimorubio, zainenn, hodl-fund, ayobami99, dcooperation, he-index, anotherjoe, elianaicgomes, rehan12, mikitaly, moondancer762, wolfofnostreet, trillex, alexjay, and 68 others

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@hivebuzz · May 10 '21

Congratulations @mistakili! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@mistakili/posts.png?202105102042"></td><td>You published more than 1400 posts.<br>Your next target is to reach 1500 posts.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@mistakili) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22109%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/147)!

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@josediccus · May 10 '21

$0.08

Inasmuch as risks sometimes pays sometimes the fear of losing my hard earned capitals mostly makes me stay away. I put my cubs in the dens and even if they're not worth thousands of dollars I can't still risk to lose them. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@josediccus/re-mistakili-3rhdz8)

👍 mistakili

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@mistakili · May 10 '21

Lool same here....I’ll keep you posted to see how it goes lol...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-josediccus-3qduwb)

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@kenny-crane · May 10 '21

$0.08

When I heard about HEX a year and a half ago, a majority of people dismissed it as a scam or possible rug pull waiting to happen.  Creator Richard Heart was already rich but people were thinking he was just trying to accumulate more ETH in return for his HEX which might be worthless.  Now, a year and a half later, HEX is a thriving project and the token appreciated even more than ETH.  People are currently excited about Richard's latest project pulsechain.com which is an Ethereum fork, set to launch soon.

https://coinmarketcap.com/currencies/hex/  At this moment, up 107% in 7 days.

Diversify well, do your own research, and then it's easier to sleep. :)

👍 mistakili

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@mistakili · May 10 '21

$0.09

I was on that table of people who didn’t think HEX could get this far, I think I’m just done undermining these cryptos, I mean just look at Doge and it’s brothers....

Mahnnn I’m trying, thanks for your comment 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mistakili/re-kenny-crane-68q2k2)

👍 kenny-crane

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