The Hidden World of Degen Crypto Farming PlatoBlockchain Data Intelligence. Vertical Search. Ai.

The Hidden World of Degen Crypto Farming

How I was making 63,860.66% per year on my crypto investment…

Judging from some of the responses to my last article “84,000% APY on Pandaswap” some folks consider me a shiller of the lowest degree:

The Hidden World of Degen Crypto Farming PlatoBlockchain Data Intelligence. Vertical Search. Ai.

All I can say is, there’s a hidden world of astronomical ROIs. This world is not without risk, in fact it’s full of risk, so if you’re not prepared to get rugged (lose all invested) in 1 out of 5 Degen farms, then this world is not for you.

But I’ll tell you, the 4 out of 5 degen farms that are profitable can more than make up for the 1 that fails.

I’m not a shiller, and this is not financial advice.

In fact, I hesitate to tell anyone about this world. Why would I? I can just make my money (and I do). All I can I say is that I’m an explorer of the dark arts of crypto, and when I strike gold I like to share.

Right now I entered a Degen (short for “Degenerate”) Farm called Misoswap (https://misoswap.finance). I invested about $500, and the ROI currently is around 63,860.66%.

In essence, I’m printing $50 per hour on my $500 investment. By the time you read this article this particular opp will likely be dead and done.

Yes, the percentage has dropped, precipitously. 63,860.66% down to 31671.19% in 3 hours. Also, the price of the Miso token in the Miso-BNB LP pair (Date: May 23, 2021) has dropped to .58 at 6pm, from .97 at 3pm, 3 hours earlier.

A 40% drop in 3 hrs.

In 3 hours I have made $93.54 on my $500, about $31 per hour, or 6.2% per hour. With a $10,000 investment you would print $620 per hour.

I know, I know it seems otherworldly weird. And yes, it doesn’t last.

I will dump this once the percentage and token price gets too low compared to another degen farm. I will then unstake my MISO-BNB LP, and ride a faster horse.

Since Degen farms are, well, degenerate, scams exist to fleece the unwary. I do not recommend investing what you cannot lose. I recommend spreading the risk to several farms. I recommend using only a portion for each of 5–20 farms knowing every 1 out of 5 (or so) will fail, lose all the money you place your faith and hard-earned money in. I recommend only staying in most farms for a few days, even as short as a day or two.

In fact, I do not recommend this to really anyone. You have to be the type of person already well-versed in the mysterious outer edges of crypto. One who understands, nay loves Google sheets, and keeping track of profits and losses, analyzing what’s working and what’s not.

The mysteries will not be revealed to the overly skeptic, will hide its secrets from the arrogant saying “This guy who wrote this article is part of the con.”

All I can say is: if you don’t know, you won’t know.

And likely: you will never know.

Source: https://medium.com/cryptozoa/the-hidden-world-of-degen-crypto-farming-21c9ff019e4e?source=rss——-8—————–cryptocurrency

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