This video reviews some of the methods that scammers use to initiate and execute fraud. It is absolutely critical to be aware of these, it is your first line of defense.
This review will help keep you more aware and is well worth a watch.
Great Mythbusting by Dan Held: We should all be more fluent on how to respond to FUD
Do you have friends who tell you Bitcoin is like the Tulip Bubble? Have you heard that it has no intrinsic value? Have you heard that it is the favored means of bad guys to launder money or conduct price fixing? There are so many myths out there and probably keep people from seriously looking at the crypto space. Time for some mythbusting.
This Video by Dan Held was a great overview of very common myths we hear in the cryptocurrency space and logical, well thought out responses to these common myths. Dan Held has a knack for explaining Bitcoin context and this video is one of his best. Watch and see if this comments resonate with you.
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More Well Reasoned Analysis Pointing To Higher Ethereum Values
Ethereum demand is up. Supply is under pressure due to lockup by whales and DeFi. Result, price of Ethereum is heading way way higher.
This is the bottom line in this video by Guy at Coin Bureau.
Guy walks us through some of the most important Ethereum updates and what they mean for pricing.
He starts with some context from the previous all time high period of Ethereum. In 2017 there was a huge flood of ICOs that required ETH and that helped feul demand. Most investors were retail investors. The combination of ICO based demand and retail investors drove the price up. The collapse of the ICO approach caused a decline in price, and with only retail investors supporting the price the price declined significantly.
Today there are different investors. There is a huge new demand by institutional investors, most notably Grayscale but many others as well, with up to $2Billion dollars worth of ETH backed up in investments like this. Additionally, many high net worth individuals and institutions that have been buying up ETH, including a large number of “Whales”, those that hold more than 10,000 ETH. Additionally, the use of protocols like DeFI are locking up Ethereum.
In the very near term we expect to see ETH futures being launched and this will result in even more demand. There is a growing conviction that Ethereum is an investment class.
Add to the argument that the US Department of Treasury has just issued guidance that allows US banks to use stable coin approaches (which would be Ethereum based) to settle transactions, which means there will soon be more demand.
ETH 2.0 is also placing demand on the supply of Ethereum since it is locking up Ether. And, the very likely coming of EIP 1559 will make the supply of Ethereum more limiting.
All of this points to more institutional adoption plus more use plus less available supply which means more room for growth for the value of Ethereum.
His price prediction, $2000.00 by the middle of the year.
Seems legit.
But also see:
You Can Use MetaMask For Easy and Relatively Low Cost Swaps
We are huge MetaMask fans. They make holding and using Ethereum based tokens so easy, and also make it easy to interact with a growing number of distributed applications.
A relatively new feature is an ability to more easily swap between one currency and another. It is the easiest and fastest way we know. Swapping between tokens is done for many reasons, maybe you believe one token will increase in value over another, or maybe you want to balance your portfolio, or maybe you want to prepare to leverage a capability like SushiSwap and need a certain number of tokens to join a liquidity pool. MetaMask swaps make it easy no matter what you need them for.
This video spells out how to use MetaMask for these types of Swaps.
Useful Context in Evaluating SushiSwap, Yam, Uniswap and others
In this video, Nadav Hollander, cofounder and CEO of Dharma, discusses the war currently being waged between Uniswap and SushiSwap, how this is driving up fees on Ethereum, and how Dharma’s product can get around them. Topics covered include why he conceptually supports SushiSwap and fair launch coins whether or not fair launch coins really are fair, why SushiSwap makes him nervous why the battle between SushiSwap and Uniswap is a so-called “vampire attack,” which is actually driving up the total value locked on Uniswap, how the SushiSwap yield farming works.
Overall this is good to help form assessments on the reliability and durability of some major DeFi players like SushiSwap, Yam, Uniswap and several others.
Short Video Explains Yield Farming and Liquidity Pools
This video by The Defiant is a good overview of yield farming. The good news is that it is good foundation. The bad news is that it goes fast and is full of acronyms so those very new to the community may have a hard time keeping up. Still, this is a good overview and provides foundational context that can be helpful as you build a strategy to personal DeFi.