1/ #Celsians (myself included) learned a tough lesson this month: Not your keys, not your crypto!
We need #DeFi options & diversification more than ever. To my #CeFi & #CELShortSqueeze friends...
Let me introduce @THORChain ā”ļø
2/ I found this stat interesting..
36% of #Celsians told me they're using #DeFi for the 1st time because of the #CELShortSqueeze
I believe what began as "revenge against the shorts" is also an opportunity to learn about DeFi & solutions for diversification.
Back to @THORChain
3/ Can you imagine swapping native $BTC for $ETH without a CEX?
Or perhaps you want yield on your $BTC without using #CeFi or converting it to wBTC?
You can both swap & LP your native tokens using only #DeFi on @THORChain!
4/ #THORChain is a decentralized cross-chain infrastructure w/out the need for bridges or wrapped assets.
Think swapping, non-custodial yield on native $BTC & soon on-chain lending with #THORFi
6/ If you are in the 36% of self-reported #Celsians new to #DeFi, I HIGHLY recommend you use a hardware wallet like @Ledger to protect your coins.
I use Ledger X.
If and/or when you're ready to buy $RUNE, here's a how-to guide I put together:
twitter.com/cryptoismyjam/status/1504957686990848002?s=20&t=giud5ajGK1sb5useEophuQ
7/ Watching the current market & my experience with @celsiusnetwork make me even more bullish $RUNE!
$RUNE ā”ļø is #2 in my portfolio after $BTC (RIP $LUNA)
But as always DYOR!
8/ You might wonder why did I use #CeFi at all?
It's easy! Private custody is scary! I've been scammed & didn't trust myself w/ šÆ of my crypto.
To be clear I support Celsius & the #CELShortSqueeze
30% of my $BTC is on Celsius & I hope we all get access to our liquidity soon.
9/ So what's my takeaway?
While the responsibilities of self-custody terrify me to tears, being prevented from accessing my frozen coins feels worse.
>Not your keys, not your crypto
>Bullish $RUNE ā”ļø