Shout out to @solashenone for earning Bard of the Week 🎖️
Their in-depth videos and threads about LBTC opportunities in DeFi have everyone from new users to degens engaged! We love to see it.
Check out 10 of the best posts from Yappers this week👇
LBTC is Bitcoin with yield. Fully backed, institutionally secured, and powering DeFi.
Join Lombard Lounge Ep8 for a deep dive into LBTC — the largest & only yield-bearing Bitcoin — and what it means for DeFi & institutions. https://t.co/ZkxaFyM16H
As we progress through Phase 2 of our roadmap and beyond, we want to thank you for being a part of our multi-cycle endeavour to be the driving force for Bitcoin onchain, just as Circle and Tether were for stablecoins.
Bitcoin is the most important asset of our generation.
Lombard is the driving force for Bitcoin onchain.
Today, we take the next step towards our vision by introducing the Liquid Bitcoin Foundation and $BARD, the native token of the Lombard Protocol.
For the first time, $BARD - the native token of the Lombard Protocol - will be distributed through a pre-launch Community Sale on @buidlpad.
This milestone for Lombard, marks an opportunity for the community to participate in the future of Bitcoin onchain.
Here are my secrets that I wish I knew before trading:
You are lucky to have this for free.
- ASIAN RANGE:
Mark out the high & low of the asian range.
The London open typically will grab liquidity from these levels.
Depending on which side is grabbed, can give you a directional bias.
- LIQUIDITY:
Resting orders within the market, we typically refer to "stop losses" as liquidity.
The market is highly likely to grab this liquidity as it will increase their total order size.
- GOLDEN RATIO:
This refers to the 50% & 61.8% fibonacci levels.
These are the main levels trader will use to enter their trades.
Psychological, this is the area most volume will kick into the market.
- ACCUMULATION/DISTRIBUTION:
The market building or limiting the order sizes.
Tends to occur when consolidation occurs.
Can be a great way to get a direction bias.
- MARTINGALE GRID SCALING:
An effective way to build a position during a trend, where you anticipate a reversal.
Getting an average across the trend and scaling out on the anticipated move.
(just scaling into a position instead of entering at one point in the market)
These are just few.
Like this tweet and I’ll do a part 2.
@Ninjascalp I wanted to short in April but the way down never happened because of macro factors. As much as I agree with you, do you have any arguments besides the Bull trap looking curve?
@benjamincowen Lisbon - you can buy for the price of renting at 4% interest rate on the mortgage but everything did 2x in 5y and most people are on variable rates.
Could be very good in a few months