I've always deeply believed that the financial system is broken. And the @wallstreetbets movement is a great example of why that's the case!
#DeFi and @dstoq are a fantastic solution to give power back to the people!
@dstoq has always believed in #democratizing access to #FinancialMarkets. That's why we built & launched a decentralized app for investing.
We give the power back to you!
#ExitWallStreet#EnterDeFi
Sign-up today to unlock your financial freedom!
https://t.co/SlqQArkVt9
Excited to have @CozomoMedici on board as an early backer! Can’t wait to see who else joins the hype! Who would you like to see Metaro work with? #nftcollector
Listening to Gensler and it's clear he is laying down the hardest case he can for regulation of digital assets. But my view is that he will likely get his way that most are going to be classified as securities but with a wholesale change to what that means 1/
@kain What's your opinion on the metaverse? I think the metaverse is the perfect intersection of gaming and crypto - looking at how people interact on Fortnite, Rune Craft, etc. Having a digital space to connect, showcase items, play games, and transact. Seems like a natural fit
Really, you are just expressing your own risk aversion to BTC, not the actual risk to BTC.
Wildly different things.
It's ok to not be comfortable with this new technology, but looking for bogeymen everywhere is an expression of your own fears.
The mirror is a scary place.
Really amazing podcast from @UpOnlyTV feat. @RaoulGMI
They explain how printing money devalues fiat & justifies asset price increases in crypto & equities etc.; give some alpha on social tokens & the metaverse; even make some good points on $DOGE!
https://t.co/Z3zH0RIFQ0
1/ Macro thesis on BTC & ETH
During @UpOnlyTV with @CryptoCobain @ledgerstatus@Sicarious_@mattysino, Matty and I got into a debate, I am writing this thread to clarify my Macro thesis.
In my view the only way out of current debt levels is inflation = bullish for BTC & ETH.
#Inflation is up and that's a surprise? Lol.
Money is literally being printed and thrown around (including via helicopters). It should come as no surprise that this will increase the price of everything.
That's also why #crypto should continue to rise while printing continues
Totally agree with @AlamedaTrabucco's take here on asymmetrical risk taking.
Crypto represents a huge opportunity for wealth creation, of course it has high risks, but there are also lots of asymmetric risk/reward positions one can take.
Let's look at two investors, Adam and Beth. Both are 25 years old, both make $200k/year (lump sum) and expect to keep doing so for their careers (not realistic, but let's just use that for now). Adam invests it all in a 5%/year fund, Beth's fund is 50/50 to make +30% and -10%.
@slowdartcapital @coinalyzetool The Aggregated Open Interest indicators are proprietary to @coinalyzetool and I can't find any documentation on it.
I have no problem asking supposedly silly questions, I'd rather know than guess.
@coinalyzetool Can you please explain to me the difference between the Open Interest indicators in this pic then?
What are the denominators for each indicator?
Are the aggregated indicators cumulative for all exchanges you track?
What is the difference between COIN and STABLECOIN contracts?
@CryptoHayes strikes again with an amazing article on why to be bullish on crypto as long as the FED's balance sheet keeps expanding (which it will).
https://t.co/q1bFURKTtn
Something to get your head around:
Head Line:
A major asset class crashed 42% in 14 days, wiping out $1.02trn in value in an orgy of liquidation of people up to 100 x levered, with very low regulation. Many tokens fell up to 70%, including unregulated lending and borrowing biz.
These last few days in the crypto market have been humbling, to say the least. Also a fantastic time to learn though!
I would say it's crucial to have a thesis, find out how to position yourself, and then stick to it.