DeFiTrader | (โถ,โถ)๐Ÿฆ‡๐Ÿ”Š Profile picture
Dec 21, 2022 โ€ข 12 tweets โ€ข 7 min read โ€ข Read on X
Are you looking for an edge in this bear market?

Here's a simple trick that I use to find profitable shorting opportunities using token #unlocks and inflation rates.

A thread ๐Ÿงต Image
Looking up the #token unlocks and inflation rates for a token is one of the most profitable strategies when choosing a token to short.
๐Ÿค“ Economics 101: More supply, lower prices, less supply, higher prices

In #crypto that means, If there are a lot of tokens being unlocked or the inflation rate is high, there may be more sellers than purchasers in the market, creating a favorable chance to short the asset.
Consider the yearly emissions when evaluating shorting opportunities! Tokens like $GMT ($130% inflation), $MC ($66% inflation), and $APE ($63% inflation) may be worth keeping an eye on, especially if you're looking for high-inflation crypto to short.
Also consider the unlock #cliffs for each token you plan to short. Not all cliffs are equal, some are insignificant and already priced in and some are massive and unexpected. Seek out the latter to gain the best advantage in your short position.
Here are 4 examples using tokens with large unlocks soon approaching ๐Ÿ˜ฌ

Find tokens unlocks using: @Token_Unlocks token.unlocks.app

๐Ÿ‘‰ $DYDX Image
๐Ÿ‘‰ $1inch Image
๐Ÿ‘‰ $LOOKS Image
๐Ÿ‘‰ $AXS Image
A simple strategy I use to setup my position is to find a level where I think most stop losses are set at.

Then I set a limit order to #short right below that level.

Here is how I setup each of my short #trades for the examples listed above: $DYDX $1inch $LOOKS $AXS ImageImageImage
So where do I go to short these crypto to ZERO?

Glad you asked!

I have used Kucoin for years without any issue, but nothing is certain. Hard to recommend an exchange after #FTX.

If you want to use the same exchange as me, I provided my link below:
kucoin.com/ucenter/signupโ€ฆ
If you prefer to use a #DeFi instead of a #CEX here are some of the two I prefer:

GMX @GMX_IO gmx.io/trade?ref=defiโ€ฆ

Gains Trade @GainsNetwork_io gains.trade/decentralized-โ€ฆ

(Use my referral link to get trading discounts and rebates)

โ€ข โ€ข โ€ข

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Keep Current with DeFiTrader | (โถ,โถ)๐Ÿฆ‡๐Ÿ”Š

DeFiTrader | (โถ,โถ)๐Ÿฆ‡๐Ÿ”Š Profile picture

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More from @defitrader_

Jul 28, 2023
๐Ÿšจ #ZKITTY MINT DATES + $ZKITTY AIRDROP ALERT๐Ÿšจ

๐Ÿ‘‰ Whitelist Mint
๐Ÿ—“๏ธ August 1st 2023
โฐ 19:00 UTC

๐Ÿ’ฐ Mint Price = 0.04 ETH
๐Ÿ“ˆ Token Supply = 1500
๐ŸŽŸ๏ธ 30x NFT per wallet
๐Ÿงฎ10x NFT per TX

Mint Details ๐Ÿ‘‡๐Ÿงต
๐Ÿ‘‰ Public Mint
๐Ÿ—“๏ธ August 2nd 2023
โฐ 19:00 UTC
๐Ÿ’ฐ Mint Price > 0.050 ETH

๐Ÿ“ˆ Token Supply > 3000
๐ŸŽŸ๏ธ 30x NFT cap per wallet
๐Ÿงฎ 10ร— NFT per TX

Cont... Image
Our NFT contracts are built on #Layer0 which means they are cross chain compatible @LayerZero_Labs

This allows you to mint ZKitty NFT(s) across 5 different EVM chains ๐Ÿ‘‡

๐Ÿ‘‰ Ethereum
๐Ÿ‘‰ Arbitrum
๐Ÿ‘‰ Optimism
๐Ÿ‘‰ Binance Smart Chain
๐Ÿ‘‰ Polygon

What about @zksync?

Keep reading... Image
Read 10 tweets
Feb 4, 2023
1/17 $THE airdrop is over, but the passive income opportunities are just beginning.

See how you can still earn $THE in this thread ๐Ÿงต๐Ÿ‘‡
2/17 Thena, a Solidly fork native to BSC, recently launched with massive growth in a short period of time compared to its competitor @VelodromeFi Image
3/17 Reasons I am bullish on @ThenaFi_ compared to Velodrome

โœ… BSC has 6x the TVL vs Optimism
โœ… BSC has 4x the Volume vs Optimism Image
Read 17 tweets
Jan 26, 2023
#1 Want to make $100,000?

I did it in 2022, 2021 and 2020.

And today I am going to show you how I am doing it again in 2023.

Keep reading or you can keep being this guy...

A THREAD ๐Ÿงต
#2 Today I'll be digging in to:

โ€ข Various possible airdrops
โ€ข How to find them
โ€ข What I recommend and what has worked for me in the past
โ€ข My current airdrop hunting strategy

Here's your alpha ๐Ÿ”ฅ
#3 My early airdrop experience taught me valuable lessons on how to navigate the airdrop landscape.

I'll be sharing these lessons here in this thread. If you dont want to read, check out my YouTube channel for the video. Link in bio.
Read 35 tweets
Jan 21, 2023
Doom scrolling through CT?

Looking for the next hidden gem to ape into for that next 10x?

Watching everyone else making money while you're staying sidelined?

A THREAD๐Ÿงต๐Ÿ‘‡ Image
๐Ÿ‘€ PAY ATTENTION ANON

You do NOT want to miss out on the next $GMX @GMX_IO

For the based chads who knew it before you did, we used to call it by some other names: $GMT & $XVIX

Now for the alpha๐Ÿ”ฅ๐Ÿ‘‡ Image
1. What Exactly Is "โ–ˆโ–ˆโ–ˆโ–ˆ"?

3. The Project's History

4. What Makes "โ–ˆโ–ˆโ–ˆโ–ˆ" a Good Token?

5. Tokenomics?

6. Headwinds "โ–ˆโ–ˆโ–ˆโ–ˆ" Needs Solve

7. My Personal Strategy

8. CT

9. Disclaimer
Read 22 tweets
Apr 25, 2022
1/ Here is the follow up to this banger of a thread, if you have not read the FIRST thread, make sure to do that first.

I included a BONUS GUIDE on how to install #Discord Plugins and Themes, this will make your #CRYPTO and #NFT life so much easier going forward.

A THREAD ๐Ÿ‘‡๐Ÿงต
2/

9. ServerSearch: (betterdiscord.app/plugin/ServerSโ€ฆ)
Adds a button to search your servers. Search in place or in pop out.
3/

10. ServerFolders: (betterdiscord.app/plugin/ServerFโ€ฆ)
Changes Discord's Folders, Servers open in a new Container, also adds extra Features to more easily organize, customize and manage your Folders
Read 16 tweets
Apr 22, 2022
/1 Do you want to go full-time crypto and you cant use Discord that good?

Sorry but you're ngmi, but thats okay, because I put together this guide to get your game up on Discord.

If you master Discord, #Crypto and #NFTs are going to get so much easier.

A THREAD ๐Ÿ‘‡๐Ÿงต
/2 Do this for all the servers you want to keep track of.

If you are into crypto full time or if you want to be, you already know you must live and breathe Discord.
/3 Almost everything time sensitive and communications based happens on Discord, so we must master this domain to the best of our abilities, these tactics will help you get the most out of using Discord.
Read 25 tweets

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