Industrial Engineer by profession. Blockchain, Fintech, Cryptocurrency enthusiast, trader and investor. Aspiring whale. Still learning, still earning.
Jan 31, 2022 • 4 tweets • 2 min read
@Remi_Tetot It's not price that kills it, it's velocity. If we grind down to 0.20, the peg won't be gone. The issue is if we get a liquidation cascade due to everyone and their mom being overleveraged on anchor. Marketwise, Open Interest is very low so that doesn't worry me at all. /1@Remi_Tetot The issue comes more around anchor and people wanting to abuse leverage to buy more Luna and keep using it as collateral. The thing that worries me the most is the fact that -most- of borrowing demand comes from degenerate leverage following this strategy, regardless of the yr /2
Jan 30, 2022 • 14 tweets • 3 min read
If you're still bullish on leading retail adoption trends of 2021 then you would likely do better just indexing those plays to gain exposure.
Bullish on NFTs? $LOOKS
Bullish on Metaverse? $MVI
Bullish on Play 2 Earn? $MMA
With that said, -volatility- is coming back on CNY/Feb.
If you're bearish on stablecoins due to regulation, then algo stablecoins can be interesting in the long term.
$LUNA, $FXS and dare I say it $MKR all important. I also find FEI/ $TRIBE interesting.
Dec 7, 2021 • 10 tweets • 3 min read
1/ Hear me out with a tinfoil hat. The amount of burn in $LUNA lately is not normal and does not correlate to the demand for UST present in the main drivers ( $MIR, $ANC, #CHAI). If it was a big whale capitulating into UST, it would make no sense to do so continually at this rate
2/ This heavy demand for UST might be linked to something else, to the unwinding of something much bigger. Yes, it might be the time where the big investor players of Binance and FTX are going to finally add UST pairs... But have you stopped to think why? This precise date?
