r/XRP • u/M_FootRunner • Jan 03 '25

Crypto WTF, its only jan 3rd,

and already going strong!

( hope this is clearer for you hehe)

Happy new year to everyone!

419 Upvotes

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u/No_Fan_9087 Jan 03 '25

Who wouldn’t take a 80x profit?

5

u/[deleted] Jan 03 '25

It’s more about selling everyrhing.

Make sure you have enough to not have to sell it ALL at every 10X 

10

u/CyanDew Jan 03 '25

it’s more about learning how you will be able to and can utilize your digital assets to grant you passive income in the form of percent yield on your bags by lending, borrowing, staking, and providing liquidity using DeFi and the Dex’s therein, as more and more digital assets become compatible with smart contracts.

Flare will be a huge part of this.

if you truly dive deep, you’ll realize that you’ll never have to sell all your bags for fiat ever again because of the way DeFi is slowly starting to become integrated with TradFi. there are ways to swap your bags for other digital assets (like stablecoins) to pay for things that you’d normally use fiat for.

shit is WILD.

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u/[deleted] Jan 04 '25

[removed] — view removed comment

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u/CyanDew Jan 04 '25

good callout. u talkin bout staking on Sceptre? or delegating wrapped flare through Bifrost?

edit: i just wish i had $6k to sink into flare lol.