We are radical parents.
We have four kids ages 3-16 and this is what we do. Maybe helpful for new parents.
The goal is to be a leader and emotionally stable and provide as much love and support as possible.
Food and diet is about helping them realize their potential as much as possible.
- Hold firm on boundaries when theyโre young
- Never react to tantrums. Wait until theyโre finished and let them get it out.
- No social media posting until 18.
- VERY limited to no screen time before 3
- Limited to 30 mins a day after and only shows with low scene changes. Cocomelon is one of the highest. You can look this up.
- No sugar unless itโs a special occasion
- Organic food only
- Limited processed foods
- Rarely raise my voice, but say no and hold firm with no emotional reactivity. Especially under 3 as this sets the tone after.
- Montessori when theyโre young
- Talk to them with respect
- Play board games as much as possible.
- Lots of vacations
- Make them earn things they want through chores
- letting them try a lot of things and if they donโt like it, they try something else.
- Read to them every night before bed
- Set strong routines and make home as safe as possible
- No sleepovers, but friends can sleep over here after 6.
- Tell the truth no matter the consequence so we can deal with the problem.
- Play lots of sports and go to the park almost every day.
Lots of other things, but this is what we try and do as much as possible.
What else do you guys do?
I talk about funding all the time, so it's about time I explain it for you guys.
Like + Bookmark this to come back to it later. (repost it if you want bonus points :) )
To monitor funding: https://t.co/NEniatwxBi
Funding is a peer to peer mechanism to keep the price of the perpertual future price close to the spot price.
In traditional finance, futures trading is used in commodity trading to lock in prices to hedge against unforeseen problems and they usually have a date that you have to close the trade by. (quarterly is the most common.)
In crypto, 'futures' are perpetual, meaning there is no end date that you have to close the trade and they can stay open indefinitely, but the way that they work is through this peer to peer funding mechanism. (the exchange only makes money on market buys/sells (a taker fee) and NOT on the perp trading funding.
It's a ratio of longs to shorts and when the ratio of longs is higher, they pay funding (positive in red) to the short traders and when the ratio of shorts is higher, they pay a funding fee (negative in green) to the long traders.
In parabolic bull markets, this funding rate can get very extreme as long traders are a much higher ratio and on leverage, but this sets up for a 'long liquidation' and the same is also true when shorts get over confident they set themselves up with a 'short squeeze' to the upside.
A neutral funding rate is .01.
Funding is paid every 8 hours on some exchanges and every 24 hour hours on other exchanges.
The higher the funding rate, the more likely a leverage flush is, because leverage traders can't sustain the constant fees unless price is moving to cover the cost.
A common practice in bull markets is to take a 1:1 delta neutral hedge where you buy X amount in spot and short X amount on perpetual futures. This allows you to be hedged where you collect the funding rate, which can get anywhere from 20-70% per year in returns and is the basis of Ethena's protocol.
Currently, funding is COMPLETELY flat, which is great for bulls if we can continue our march higher. It means that we won't see another leverage reset for a while and it allows prices to continue to grind higher.
In fact, some of our favorite assets are starting to trend negative, meaning there are more shorts than longs, which means that we've got fuel to move higher if we can break key resistances.
Overall, use funding as a metric for a traffic light. The more red = the more likely a sell off is coming. Usually this ranges from .7-.9% in daily funding.
Sometimes, funding can be skewed with VC unlocks coming on a coin where someone knows big selling is coming so they hedge out their position with a big short and funding can be negative for a while until the selling is completed. (this is only learned with experience.)
#FTX is insolvent and we got proof.
FTX Exchange and Alameda Research hold 8 bil in #FTT value which is illiquid against a real mcap of 3 bil.
That is 5 bil of magic money they report on their balance sheet.
Sam feeling the heat.
Any sell pressure will crash that mcap fast!
Sam Bankman-Fried was once admired as the king of crypto.
Now Alameda and FTX are rumoured to be on the brink of insolvency.
๐งต: Here's how it all went wrong for SBF and FTX. ๐
As part of Binanceโs exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT). Due to recent revelations that have came to light, we have decided to liquidate any remaining FTT on our books. 1/4
To all #XRP strong believers, let me update us all.
#XLM boss @JedMcCaleb whom in the last 3 days increased his XRP dump rate by approximately ~140%. So at this current rate, it requires 29 days or 1 month for his entire #Tacostand to stop dumping ducks.
While everyone forgets.
$XRP will use the Interledger protocol to bridge all CBDCs, but will also use @Allbridge_io and other bridges to bridge Defi, NFTs, etc. from public blockchains. $XRP is a Global Bridge Currency. Few people realize this.
$BNB $VET $SOL $LUNA $AVAX
๐ค We are excited to announce that we have successfully integrated XRP Ledger with technical support from @RippleXDev!
๐ฅ This integration will enable us to bring many unique #DeFi assets to the #XRPL.
๐ Find out more about the latest launch:
https://t.co/Bnu42v1gGh