@CryptoSorted 22 October 2021 more from that month

The #1 way you're wasting a lot of money in #crypto.... Some people do not realize that their crypto investment activities is a business. So they go about conducting transactions without thinking about the costs involved. As a result, they end up wasting a lot of money without knowing it. This happens mostly through transaction fees from thoughtless trades and other on-chain activities. For example, when you stake $20 with a total of $1.5, you have just spent 8% of your money on transaction fees. You'll need to earn rewards worth that much just to break even, and it's gonna take weeks, months or even years, depending on the APR you're getting. So before making your next transaction, think. Except you're playing it for the very long term, spending such high percentage of your investment in fees is a good way to remain poor. #cryptocurrency #DeFi