Beetcoin Profile picture
9 Apr, 4 tweets, 2 min read
Optimism is the best bet because the world tends to get better most of the time.

But pessimism holds a special place in our hearts. It sounds smarter. It's intellectually captivating and it's paid more attention than optimism, which is often viewed and being oblivious to risk.
From the excellent book by @morganhousel
Book made out the excellent article/ressource written few years ago that I pinned in this thread

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Beetcoin

Beetcoin Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Beetcoin

22 Jul 20
Want to yield (real unwrapped) Ethereum? Buy some and leverage long eth/btc with them on a exchange that pays you in ETH.
Timing is key here.

1st, is ETHUSD bullish? if, yes, you buy some. You put money at risk in ETH

2nd, comes the "yield" part. Over that you bet that ETH will overperform BTC. Why?

Look at ETH vs BTC and what's developing right now?

A bullish Volume Contraction (Price) Pattern ImageImage
Cases, you have $10K:

1/ You buy 40 ETH. No margin bet on ETHBTC, no "yield".

ETHUSD gains +50%, you're 50% richer

= $15K

2/ You buy 40 ETH + margin bet leverage x2 on ETHBTC.

ETHUSD gains +50% and ETHBTC +20%.

You have 40 * 2x20% = 56 ETH that gained +50% vs USD.

= $21K
Read 11 tweets
20 Jul 20
As now #DeFi is populated by retails, it's a trading heaven.

Here's a handy small textbook that will yield you more than farming.

#Stages #consimp #TA ImageImageImageImage
Image
Image
Read 19 tweets
15 May 20
#Bitcoin Mining green!?

40% of Bitcoin Mining is located in one chinese particular Region called Shichuan, consuming ~25 TWh/y of (hydro)electricity.

Surprisingly authorities encouraged mining operations to help consume excessive hydroelectricity: 9.2TWh/y are still *unused*
Let's go even further: is Bitcoin an ecological catalyst? A: very probable.

Thanks to #bitcoin mining industry developement, are these kind of limitations lifted since then?

"Sichuan Limits Small and Medium Hydropower Construction" - powermag.com/sichuan-limits… (published in 2016)
Can't wait @DigiEconomist to build the "world wasted hydroelectricity production country index", watching it growing faster each year and exceeding the "bitcoin consumption country index" by a large margin.

Just for intellectual fairness.

And less for headlines.
Read 4 tweets
6 Dec 19
#NewShit (Alts born in 2018+) $GOBTC (left) vs $MATICBTC (right) -

These perfect stages 1 (accumulation) leading to stages 2 🚀
#NewShit (Alts born in 2018+) $FETUSD - reversing ?
#NewShit (Alts born in 2018+) $PERLBTC - reversing ?
Read 8 tweets
16 Dec 18
@psycho_sage @dudek3322 Errybody and their grandmother is speaking about the halving almost 2 years before. In 2016 it wasn't even sure it would have a positive impact and the worry was important.

I don't want to be rude, but I think it already has been price in 2017 Ath. The rest is now history.
@psycho_sage @dudek3322 FYI the mood in front of 2016 halving

"many things are different now. If the price doesn't go up significantly after this halving many miners will have to shut down and that is not a good thing.

Realistic view should be price in the range of $500-750"

bitcointalk.org/index.php?topi…
@psycho_sage @dudek3322 "mining profitability & outflow of market participants may signify reduction of bitcoin’s investment prospects. Its further popularization & acceptance in that case may also be subject to fading.

Back in 2012, [..] the halving had no effect on the price"

forklog.net/bitcoin-halvin…
Read 5 tweets
17 Aug 18
Thread: #Gold vs #Equity (Original Content)

Because I'm sick about that dollar bill crashing versus gold & I explain why it's uncomparable👇
The chart I'm talking about
My comment:
Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!