If you missed buying bitcoin at $100, this is likely the next best chance at getting in on the ground floor. Of course, it’s hard to imagine that YFI at $41,000 to be anywhere CLOSE to the “ground floor”? However… with the YFI supply at only 30,000 tokens – any price below $100,000 would be considered dirt cheap – and the math proves it.
Join me (but first, grab your calculator) and compare Bitcoin’s current value/supply to YFI’s current value/supply. Buying YFI (yearn.finance) at $41,000 is like buying Bitcoin (BTC) at $59 – the math tells the story (and tells the truth). The price future of YFI is hard to imagine – but impossible to deny. YFI, if the protocol survives, offers the greatest opportunity in cryptocurrency right now, and possibly the greatest potential of all available investments.
I’ll compare YFI (yearn.finance) to BTC (Bitcoin), ETH (Ethereum), and DOGE (Doge Coin) in this video and by the end I think you may find yourself more than a little interested in the darling of the DeFi world known as YFI.
Whether you trade stocks on WeBull, Robinhood, TD-Ameritrade, I feel it’s time to take a break from equities and consider dipping your toes in the cryptocurrency market. I’m the last person in the world that would try to convince someone to take on major risk – as I’ve seen, first hand, how “playing the pennies” can wreak havoc on one’s financials – but in some cases – I think being too financially conservative may be the biggest risk of all.
I recommend to my own clients to put about 5% of their assets in speculative investments. And that is what I consider this to be. And if the math is right and $41,000 can turn into $7,259,000 – then a simply $500 investment in YFI could potentially yield $88,500 in value upon reaching BTC valuation.
I sincerely hope this video helps you understand the supply/demand of cryptocurrencies and give you the information you need to make the best, most informed decision for yourself. ~ Moof!