TheNewGuy

Just trying to find my path in life. Each day at a time. As of now the path looks alot like crypto.

[TheNewGuy @NewGuyFromIT]

@Riri43584428 @pommy_uk @MattDiBiase @stablechen @Maciejsz4 @terra_money Big yikes!

[Rani Haddad @4484]

ok here is how the $luna $ust attack was coordinated & executed. 🧵 (quoted from a friend)

- attacker OTC accumulated $1bn of UST
- borrowed $3bn in $btc
- spread around some fud about peg and bank runs
- dumped the fuck out of their $3bn $btc on market to trigger wider panic

[TheNewGuy @NewGuyFromIT]

Seeing and living through what happened to $LUNA & $UST in the last 24 hours, I realised I need to connect more with other #LUNAtics.
Are good discord/telegram groups out there?

[TheNewGuy @NewGuyFromIT]

@Cephii1 Is there anything us small-bag holders without much dry powder can do to help the situation?

[TheNewGuy @NewGuyFromIT]

@TheDefiDunce @danku_r @jump_ @terra_money @TeamKujira @anchor_protocol I think they answered exactly that question right here.
https://t.co/BOy7DimEwR

[BackBone Labs Hub @BackBoneLabsHub]

@SumoLuna $UST actually never lost peg on the L1, which is where we arb it. So there wasn't much to arb, which is a good thing. However our multi-dex bots were running about 3x normal rate for most of the last 24 hours... have a look
https://t.co/VQV2d5dXd9

[TheNewGuy @NewGuyFromIT]

Very useful, easy to understand thread about market cycles.

[Route 2 FI @Route2FI]

The way it goes:

• A crisis starts (eg. Covid-19 in March 2020)

• The government prints money to stimulate continued economic growth

• Inflation and the circulating amount of money increases

• People get more money –> they now both invest and spend more money

1/6

[TheNewGuy @NewGuyFromIT]

@Nick_Serrian @soyboy_vegan @GhosmoXv @thedefiedge Somehow can't DM you. Can you?

[TheNewGuy @NewGuyFromIT]

@Nick_Serrian @soyboy_vegan @GhosmoXv @thedefiedge I'd love to join too!

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

Content Creators:
• Be honest
• Own up to your mistakes
• Research to the best of your ability
• Disclose any payments or affiliations

Followers:
• Always do your own research
• Take responsibility for your investments
• Don't trust, verify

[TheNewGuy @NewGuyFromIT]

Very useful thread on why, how and where to analyze wallets to gain alpha.

[TheNewGuy @NewGuyFromIT]

@thedefiedge I feel the part about imposter syndrome very much.

I would really love to start engaging more in the community, but whenever I start writing stuff I feel like I am just regurgitate stuff smarter people already said/wrote.

But I'm sure one day I will be able to pass this fear.

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

If you invest wisely, Cryptocurrency can give you life-changing gains.

But how should you be investing if you have a small budget?

Here's your playbook to make the most out of a small budget:

[TheNewGuy @NewGuyFromIT]

Very good thread about 18 important lessons for the crypto market.

[Route 2 FI @Route2FI]

18 lessons I've learned from the Crypto Market

/THREAD

[Do Kwon 🌕 @stablekwon]

1/ All your $AVAX are ours.

a 🌕🔺 #TERRAVAX thesis 🧵 :

https://t.co/fLpGu1drEi

[TheNewGuy @NewGuyFromIT]

I just watched @danku_r 's Video on the Curve wars and how it translates to the upcoming "ASTRO wars".
I think this is the first time I actually understand what the Curve wars are.
If you are interested you can find the video right here --> https://t.co/lJZy00zPf1

[TheNewGuy @NewGuyFromIT]

Thats where my backpack proved to be the real MVP. If not for it, my head would have hit the concrete with full force and I would have gone to the hospital without a doubt.
So thank you trusty backpack for saving my head and always having my back!

[TheNewGuy @NewGuyFromIT]

So how did a backpack filled with some random items safe me from going to the hospital?
While going into a turn I hit a small rock, lost traction and went flying.
Head first rotating onto my back I hit the street.

[Route 2 FI @Route2FI]

They say time is money.

But how much is your time worth?

A thread with thoughts about:

-time
-money
-happiness
-freedom

[TheNewGuy @NewGuyFromIT]

@Cephii1 Can anyone explain what @Cephii1 is talking about? I think my brain is too small