Onchain Edge Profile picture
Dec 6 14 tweets 3 min read
Here are 5 #gptchat generated

onchain songs & raps 🤯
👇
NUPL (Net Unrealized Profits & Losses)

Net Unrealized Profits & Losses
I can give you some real big crosses
If you ain't careful, you might get bossed
By some unrealized losses! Image
MVRV (Market Value to Realized Value)

BTC's market value is high and fast,
But its realized value is not so vast.
It may seem like it's all the same,
But there's a big difference that we must explain. Image
Can you explain BTC's long & short liquidations with a rap in the style of Tupac?

Openai: Hold my beer Image
Openai made a mistake. It should be "Long liquidations means you've gone too low"
Can you explain BTC funding rates with a rap in the style of Eminem?

OpenAI: Hold my Beer Image
Can you explain BTC Binary Coin Days Destroyed (CDD) with a rap in the style of Eminem?

OpenAI: Hold my Beer Image
OpenAi made a mistake: "The Binary Coin Days Destroyed will be on the rise" should be "the CDD goes lower."
Chat GPT is a fantastic learning resource and better than google. It can help you learn new concepts.

It doesn't always get everything correct, so don't take the output at face value and double-check.
Last but not least, let me show you how powerful chatgpt is:
Can you write a pinescript script that draws a line when there is a bullish or bearish divergence on the RSI indicator?

Pinescript is tradingview's scripting language.

Output: Image
Unfortunately, the code still needs tweaking to use it on tradingview.

But still. The time-saving aspect is incredible.
Send me suggestions for other songs/raps to generate.

and I will post more

• • •

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

Keep Current with Onchain Edge

Onchain Edge 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 @onchain_edge

Dec 8
Are you looking for the best #onchain charts to up your #crypto trading game?

You also don't want to spend thousands of $$$?

I've got you covered!

In this thread, I'll share the best free onchain charts for maximizing profits.
👇
1/18 Unlock a treasure trove of onchain charts, all available on coinglass - no sign-up required!

coinglass.com
2/18 Don't be one of the 99% of traders who scroll through this thread without taking action.

Open up each chart and learn when to buy and sell.

Those who do will be ready to capitalize on the next bull run - are you in?
Read 19 tweets
Dec 6
The June 2022 sell-off & FTX Implosion caused historic capitulation events.

FTX experienced a record one-day loss of $4.435B,

but losses appear to decrease with a weekly moving average.

The June Sell-off resulted in over $700M

In daily losses for two weeks.
source: @glassnode Image
The ratio between realized profit & loss has recorded an all-time low,

indicating that losses locked in by market were 14x more significant than profit-taking events.

This may signal a macro market regime shift.
source: @glassnode Image
Market participants took exit liquidity on the rally, which caused the Realized Cap to rise.

Following the LUNA collapse, capital outflow occurred as investors locked in losses.

Exuberance seen in H2 2022 has retraced,

suggesting near-complete detox of excess liquidity. Image
Read 10 tweets
Nov 22
The most valuable skill in crypto

"How To Spot A Market Trend Shift Before It Happens"

Master it, and you'll start buying low and selling high.
👇
I will share one of the most potent tradingview indicators in this thread.

Many users have asked me questions about this indicator.

So I thought I'd share it with you.
@jovanalvian_ @_xaoz_ @SangTrader90
The indicator I'm using is called:

"VuManChu Cipher B + Divergences"

You can find it by going to

tradingview > clicking on indicators > search for "VMC Cipher."

Next steps:
➡️ How to set it up
➡️ How to use it
Read 23 tweets
Oct 29
There is a high likelihood that $BTC will drop in the next 12 hours

Find out why👇
1. Two alerts were triggered today about high BTC inflow mean into exchanges.

This can cause a short-term $BTC price drop.

more info about this in the thread below.
The first was a mean of 21BTC. The second was 17BTC.
Read 8 tweets
Aug 20
The most valuable crypto skill in 2022:

➡️ Smart Wallet Watching 🧠

Master it, and you will 10x your portfolio!

These 5 free tools will get you started:
Debank - Look through the top wallets and see what chains most of the funds are on and which protocols these wallets use. You might find wallets that are early to trends.
debank.com/ranking
Hot contracts - This free tool allows you to find the hottest contracts on 7 different EVM chains.

Make sure to check tokens and #nfts before apeing, as there are a lot of scams.
hotcontracts.app/chains/ethereum
Read 8 tweets
Aug 19
What's the best way to trade the #Ethmerge?

Listen to this alpha-packed @StacksPodcast episode by Luke Martin @VentureCoinist and Kevin Zhou @Galois_Capital.

He covers many scenarios on how the ETH merge can play.

open.spotify.com/episode/3pBFF3…
Here are the podcast notes:

- Buy spot and long puts as its long volatility
- Buy spot short futures
- Remove lp and sell alts for eth to max ethpow.
- LP on ethpow 100% impermanent loss.
- Nfts might still have value on ethpow not 0
- Ethpow cryptopunnks original nft?
- Uniswap 1 might have value someone can buy uni and flip protocolfee switch on with governance vote
- move eth from l2 to layer 1
- remove nft sell orders before the merge
- lend eth on aave and borrow eth to get more ethpow (risky)
Read 4 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

Don't want to be a Premium member but still want to support us?

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

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(