I invested $4,800 into crypto trying to earn passive income with cryptocurrency, so what happened?! I am earning passive income in numerous ways and today we focus on Compound Finance profitability! Subscribe to VoskCoin - http://voskco.in/Sub
Get $25 for FREE with CryptoCom - https://medium.com/voskcoin/crypto-com-review-50-for-free-58b7287170f4
Investing $4,800 into cryptocurrency is super risky, and this video is not financial advice I’m simply sharing my experience and earnings from investing $4,800 into crypto more specifically into decentralized finance DeFi and to be exactly precise Compound Finance on the Ethereum blockchain! Let’s review how much money I spent in ETH gas fees to move my coins around, the interest I earned while lending my DAI and USDT crypto coins out and basically if this was a great investment or I do I actually end up losing money somehow?!
Compound Finance DeFi lending and borrowing DApp - http://voskco.in/comp0x
Uniswap decentralized exchange DEX DApp - http://voskco.in/uniswap
Compound Finance COMP to USD - http://voskco.in/compusd
00:00 I invested over $4800 in DeFi
00:39 DeFi Investments vs Traditional Investments
01:32 Compass is creating a Bitcoin mining marketplace
01:59 What is Compound Finance?
02:16 - 03:20 High Risk Investment Disclaimer
03:48 How much money did I earn from buying $1000 in COMP crypto coins
04:50 Investing over $4800 in cryptocurrency w/ Compound Finance DeFi!
09:20 Sponsor Cryptoenter and their LION token!
11:08 Ethereum transaction fees GAS FEES insane and COMP voting
14:56 How much money did I make lending coins on Compound Finance
17:27 Compound Oracle exploit - $103m lost
19:19 Is it worth it to invest in Compound Finance Ethereum DeFi?
20:50 Proposal for Compound grants to reward community contributions
21:41 Did I earn or lose money lending coins on Compound ETH DeFi
VoskCoinTalk the VoskCoin forum - http://voskco.in/forum
VoskCoin Facebook - https://www.facebook.com/VoskCoin/
VoskCoin Reddit - https://www.reddit.com/r/voskcoin/
VoskCoin Discord Server Invite - http://voskco.in/discord
VoskCoin Twitter - https://twitter.com/VoskCoin
VoskCoin Instagram - https://www.instagram.com/voskcoin/
VoskCoin is for entertainment purposes only and is never intended to be financial investment advice. VoskCoin owns or has owned cryptocurrency and associated hardware. VoskCoin may receive donations or sponsorships in association with certain content creation. VoskCoin may receive compensation when affiliate/referral links are used. VoskCoin is home of the Doge Dad, VoskCoin is not your Dad, and thus VoskCoin is never liable for any decisions you make.