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Route 2 FI

@Route2FI

Mar 13

How to survive in crypto long-term (without getting lucky):

/THREAD

First of all, if you want to make money in crypto you have to play the long game.

Second, the people in crypto you look up to today all started out with empty hands. They're here today because they took profits.

Most of them learned how brutal crypto could be when...

1/

the market nuked 75% after the Jan 2018 top.

Those who're wealthy now learned from that episode and took profits on the way up in the 20-21 bull-run.

They understood that wealth preservation and capital protection is the only way to survive long-term.

2/

Read 35 tweets

Route 2 FI

@Route2FI

Mar 2

Cosmos - The internet of blockchains

A thread about what Cosmos is, how you should play it, and all the staking opportunities & airdrops.

/THREAD

Cosmos is a decentralized network of independent yet interoperable blockchains that are able to exchange information and tokens between each other permissionless.

The first blockchain on the Cosmos network is the Cosmos Hub and $ATOM is the native token of the Cosmos Hub.

Cosmos (layer 0) itself is not a blockchain but rather a framework for building out independent and sovereign blockchains.

Layer 0 protocols are the ground floor for all blockchain protocols.

Read 33 tweets

Route 2 FI

@Route2FI

Mar 1

The biggest risk with doing crypto 24/7 isn’t necessarily to lose money, it’s the opportunity cost of wasting your time.

A short story and some philosophical thoughts:

/THREAD

Let's look at a short fable that explains my point very accurately.

Then I'll share my takes on the story afterward.

"The Miser And His Gold"

A Miser had buried his gold in a secret place in his garden.

Every day he went to the spot, dug up the treasure, and counted it piece by piece to make sure it was all there.

Read 14 tweets

Route 2 FI

@Route2FI

Feb 23

Just wanted to share a story I first read in 2012 that has inspired my life in many ways.

Every time I read it I ask myself why I spend so much time in front of my screen chasing digital money.

/THREAD

“The Mexican Fisherman”

An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked.

Inside the small boat were several large fin tuna.

/1

The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

The Mexican replied, “Only a little while.”

The American then asked why he didn’t stay out longer and catch more fish.

/2

Read 17 tweets

Route 2 FI

@Route2FI

Feb 20

It's time to give an update about Mirror Protocol and my strategy going forward in terms of the bearish market.

Let's look at why I'm considering shorting S&P500 with the yield-bearing stablecoin aUST.

APY: 20-70% (depending on the market)

/THREAD

This is not financial advice. Always do your own research. These are just my ideas.

Have in the back of your mind that I'm not a financial advisor and that my calculations may be wrong.

/1

These strategies are long-term strategies, you should not use them if you don't have a minimum of 6-12 months perspective (due to fees, premium, and market risk).

If you're not here for long-term games, find another strategy.

/2

Read 37 tweets

Route 2 FI

@Route2FI

Feb 15

Edge Protocol is launching its beta today.

Let's look at 4 different strategies you can use to maximize your gains:

1) Degenbox (borrow $UST - loop)
2) $LUNA leverage
3) $LUNAx leverage
4) The $LUNA shortooor

/THREAD

1/12

https://twitter.com/Route2FI/status/1492456965775273985

1. The Degenbox:

How you play it:

1) Deposit money on Anchor
2) Supply aUST on Edge
3) Borrow $UST on Edge
4) Deposit on Anchor
5) Supply aUST on Edge
6) Borrow $UST on Edge
7) Deposit on Anchor
8) Repeat

I've already written a thread here:

https://twitter.com/Route2FI/status/1492456965775273985

@EdgeProtocol

2. $LUNA leverage:

1) Supply $LUNA on @EdgeProtocol
2) Borrow $UST against $LUNA
3) Swap $UST to $LUNA at terraswap.io
4) Repeat

3/

Read 12 tweets

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