Many people misunderstand the difference between cryptocurrencies and decentralized finance (DeFi). Cryptocurrencies are like stocks, and DeFi is like the banking system.

Understanding a few stocks is much easier than the entire traditional banking system.

Yes, there is a lot of money to make by interacting with DeFi; however, the risks are significant. If you don't understand the world of DeFi, spend a year learning.

People assume getting rich in cryptocurrencies is about day trading. However, the people who made the most money were buy-and-hold style investors.

To succeed in Crypto and DeFi, take the long approach. Educate yourself, mitigate risks, protect capital, and make well-thought-out moves. Avoid FOMO!