Educational Thread: How to ride a trend in this #Altcoin market. Liquidity hops from 1 narrative to the next, so be sure to understand
I'm going to use $ETH in July as an example. This is also relevant to the current $FET traders.
All dependent on $BTC being stable
Let's talk about various manipulative shenanigans that used to go on at FTX.
We'll start with something widespread on sh1tcoin perpetual futures: funding rate manipulation.
If you looked at trades in the trash that FTX listed, you'd see all these min qty trades
What are they?
You want to become an Alpha hunter ?
Bear markets are made for learning and spotting gems. In this thread I will give you my top 10 tools to find early projects 🥂
Crypto chad Masterclass #1
In the past few months, you guys must have seen some hopium feeding charts in the form of On-chain data or market cycle patterns on your timeline.
The question is, do these market cycle patterns work?
A detailed thread 🧵
CRV war was played out on #Aave yesterday and ended with the longer defeating the shorter.
1.🧵
ponzishorter.eth shorted $CRV by borrowing and dumping $CRV;
$CRV guardians bought $CRV, soaring the price to $0.72, and liquidating all collateral of ponzishorter.eth.
1/ TLDR on the "highly profitable trader" Avi and his CRV escapade is that he has a 92m token CRV borrow on AAVE, collateralized by 63m USDC, liquidation price for that position is at $0.60, if it hits that then there is now the equivalent size bid on CRV via AAVE
Current state of the market & CT is like a storm that won't lay down
Bad news, rumours, etc. It all leverages the already existing fear
So, let's chill and simply look at some facts
A little $BTC thread🧵 1/18
1/11 Crypto is DEAD …
That is what you will be told as more people hear about the damage caused by FTX. However, that is a claim people have been making since 1 BTC cost $0.06.
For all the people who believe #Bitcoin is dead, I have some news for you 👇🏼
“Don’t time the market” is bad advice from people who didn’t get the memo.
If you understand mkt timing, things like FTX/Binance drama wouldn't stress you even if you aren't an insider.
The unfairly simple, drama-free way to time the crypto market, IQ optional 👇
FTX was the world's 3rd largest crypto exchange.
Today it's said to be insolvent and in the midst of an acquisition by Binance.
Here's everything you need to know about Alameda Research and the collapse of FTX:
👇
1/ I found evidence that FTX might have provided a massive bailout for Alameda in Q2 which now came back to haunt them.
40 days ago, 173 million FTT tokens worth over 4B USD became active on-chain.
A rabbit hole appeared 🧵👇
This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://t.co/BGtFlCmLXB and help cover the liquidity crunch. We will be conducting a full DD in the coming days.
Every now and then something like this would happen and i would question my understanding of crypto. At the end of the day crypto might be volatile but it ain't boring.
$BNB
$FTT