Beetcoin Profile picture
Apr 30, 2021 5 tweets 3 min read
#DEFI $DEFIPERP - 3 months old consolidation about to end. Can be lit over it.

This is what I'm looking closely to dive into defi coins again (circled). Image
#DEFI $DEFIPERP - been suboptimal vs ETH for few months now. Looking for an outperformance, easily done if the scenario plays out. Image
#DEFI $DEFIPERP - Showed no love. That's why you TA Image
#DEFI DEFI/ETH - 🚨 General life saving tip 👇

Look, the chart starts at the top left and ends at the bottom right.

You should not aggressively want to invest with that kind of trend.

Opportunity are generally elsewhere. Image
Alternatively, if everybody's telling you it's super hot, a new paradigm or something (like defi in 2021)

And you think that's surely then a great opportunity.

You're just a sucker.

Nobody has to tell you what will be a new paradigm, you have to figure it out yourself (hard!).

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More from @Beetcoin

Apr 9, 2021
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
Read 4 tweets
Jul 22, 2020
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
Jul 20, 2020
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
May 15, 2020
#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
Dec 6, 2019
#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
Dec 16, 2018
@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

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