0

5y

it's not about capturing the last 10% of a move it's a bout recognizing a sentiment switch and riding the other 80% up or down

neon

5y

just hit my account I wasn't even aware I was gonna get one

it's a state of CA program.. they are trying to expand it so it affects more people, I think anyone making under 75k gets $600 at the moment tho

JayS

5y

Literally, what do you know

peduxe

5y

yea we don’t know s*** but the market been trailing lower every time there’s a pump

we been celebrating 5% percent pumps when in the same time frame & in the big picture we’re down bad.

peduxe

5y

yea we don’t know s*** but the market been trailing lower every time there’s a pump

we been celebrating 5% percent pumps when in the same time frame & in the big picture we’re down bad.

Husk_

5y

Ik I’m a year late but I’ve been reading up on all the PancakeSwap and Curve Finance documentation to get a good overview of everything.

What’s some advice you would offer to survive in the DEfi landscape? Looking to build a good strategy on the crypto financial system.

Salaryman

5y

Can y’all shill me a few alts to pick up before everything inevitably goes back up one day

Nine Arts Dragon

5y

So technically i shoulda been bought around 1900 and if it dips around 100-200 i could sell again?

austin_butler_fan4

5y

cant believe this is my life

Vae

5y

@Lil_Neon_Baebows how we doing rn?

neon

5y

BOND, MLN, COMP, SUSHI, CRV, SNX

those are my current favorite Defi plays

neon

5y

· edited

don't get wrecked on impermanent loss

take some risks though to get an idea of how it will work

stake stuff that has single sided staking
the staking pool could get exploited but the risk is lower on the native site because its been tested and has been working for a long time

also if it does get exploited the price will probably nuke anyways since it's the native site like staking CAKE on PancakeSwap or SUSHI on SushiSwap..

I like Bancor & Anchor Protocol a lot at the moment for earning yield

also don't get liquidated, if you take out loans prepare for 95% dips even more on stuff that isn't a major coin lol..

I use ETH to get DAI or USDC and then I dump those in vaults that pay out tokens I like

obviously that puts you at risk though, you always just gotta realize that but imo it's worth the risk for some part of your money and if spread it out between different projects the risk is lower then putting it in all one plus

if your just starting out with a little money I'd just focus on a few places first though

austin_butler_fan4

5y

cant believe this is my life

Husk_

5y

Yea I’m gonna split some play money up between Bancor, Pancake.

I read up on how to stake with Curve using MATIC too. Gonna test that out and see how it goes as well.

neon

5y

you should be flexible but you wouldn't want to buy and then sell lower especially on spot just spread your buys out

if it dumps on the weekend and it looks like a possible bottom was formed just throw some money in.. the idea is to keep some in case it dips more so you can buy even lower if you think its gonna get lower but at least you still have money in ETH now

I have a spreadsheet with different buy and sell zones written

as an example I had 4.5k ETH written down as a sell but I ended up selling those ETH at 3.5k because it became clear it may not get to that target, looking back I should have listened to the voice in my head that said to sell them on the second bounce to 4.1k lol

over the weekend I was lookin for the old ATH of 1420 to buy but it became clear that may not happen so I adjusted my buying and bought 2 ETH at 1750

it works both way for buying and selling, going all in at any price you'll probably do worse cause something will happen that you didn't think would. a lot of times when you think you bought the bottom it will just go lower and same with selling the top

that's because those moves are very hard to figure out when they'll end especially while they're happening, if its already reversed 5-20% it becomes more clear that was a bottom so its easier to risk more at 1750-1900 on the way up than when it's in down only mode.. also realize we hit 1700 as support multiple times meaning it probably would hold again

Flaxx

5y

So many smart minds in this thread :)

ANIME

5y

0 and Neon are the most knowledgeable with crypto

NBA GameBoy

5y

Is crypto normal down on weekends? I’ve been DCAing on Thursday’s when I get paid but maybe I should start buying saturdays instead