Helping solo-preneurs create their private bank & retirement war chest
Oct 31, 2022 • 22 tweets • 14 min read
Want to use a @Ledger w/ a Self-Directed IRA or Roth?
Learn the gray area behind "your keys your #crypto" when using the Checkbook LLC in an IRA which may be a ticking time bomb 💣
+ The black-letter-law workaround allowing you to contribute much more than $6k/year🧵👇
Nov 2021
Tax court ruled in McNulty v. Commissioner that #gold bought w/ an LLC-IRA but parked in her personal safe was a distribution.
= Tax + 10% penalty!
Let's delve deeper into the ruling to see how this applies to your #crypto private keys in a Self-Directed IRA/Roth.
May 14, 2022 • 16 tweets • 6 min read
Some reflections from investing in the $LUNA $UST debacle. 🧵👇 1/16
DISCLOSURE: I'm a moron who lost a metric-ton of capital this week on a project currently circling the drain to $0.00, so read & heed at your own peril.☠️
2/ #Diversification isn't sexy, but can help you live 2 fight another day
Concentration can get you to the moon faster but far less often.
Apr 2, 2022 • 6 tweets • 4 min read
4.5-min vid on some fundamental differences between borrowing w/ $bLUNA vs. $LUNAx
Short 1/6 🧵👇 for scrollers.
YT-Video: 2/6 How these 2 tokens interact w/ staking rewards is key:
$bLUNA: emits the prevailing staking yield in $UST (which provides versatile usage throughout #Terra)
$LUNAx: converts rewards into $LUNA & auto-compounds this added exposure unto itself so its value inflates over time
Mar 25, 2022 • 8 tweets • 4 min read
I'm like "Wow, everyone withdrew their $aUST!" then I realized everyone's $bLUNA bids just got activated @TeamKujira
Pro tip: if you're not in one of the front pools, then use the "custom" feature for your activation parameters.
Instructional 🧵👇 1/7 2/7 After choosing the amount of your bid and toggling between $UST & $aUST, you'll arrive at this screen.
I always choose custom!
You'll know why after the following tweets...
Mar 25, 2022 • 7 tweets • 6 min read
After learning about @miawtrader's $Luna-HODL, I realized how powerful an LP of 2 LPs can be if all 4 are assets you want to own anyway!
Who's going to give us open architecture to interlink whichever LPs we want for enhanced rebalancing w/ fee accrual?
Short 🧵👇 1/7
2/7 Will it be @miawtrader the originators themselves who combined both the $LUNA - $bLUNA & the $LUNA - $UST liquidity pools into their LP-Quad called $Luna-HODL?
Wondering what this "LunaHODL" thingy is on @miawtrader's "LP Tower" page?
Learn how it rebalances $LUNA $bLUNA & $UST along with fee accrual?
See the gritty details in my latest video or read the 🧵 1/12👇
2/12
To enter LunaHODL you need equal dollar amounts in both the $LUNA/$UST & $bLUNA/$LUNA liquidity pools on @terraswap_io.
In his video above, Hutch tracks the difference in performance between keeping both LP positions separately vs. combining them in @miawtrader's LunaHODL.
Mar 20, 2022 • 11 tweets • 8 min read
Wondering what this "LunaHODL" thingy is on @miawtrader's "LP Tower" page?
Learn how it rebalances $LUNA $bLUNA & $UST along with fee accrual?
See the gritty details in my latest video or read the 🧵 1/12👇
2/12
To enter LunaHODL you need equal dollar amounts in both the $LUNA/$UST & $bLUNA/$LUNA liquidity pools on @terraswap_io.
In his video above, Hutch tracks the difference in performance between keeping both LP positions separately vs. combining them in @miawtrader's LunaHODL.
Mar 19, 2022 • 6 tweets • 4 min read
🤔NFA, but if you think we're @ the bottom, this risk/reward proposition may pencil
See calculation in 🧵 but @Shigeo808 must get liquidated 3 times going down to be worse off than just HODLing the 638 $LUNA.
Even then he's risking ~55 off a 638 stack to get 863 more $LUNA. 1/6
I took the 1501 $bLUNA he looped off the original 638, and even if he got liquidated at an 8% premium 3 separate times on the way down, he'd still only have 55 less $bLUNA than he started with.
Mar 11, 2022 • 25 tweets • 14 min read
Borrowers are rewarded & savers punished.
Both #CeFi & #DeFi's financial elite have mastered "strategic leverage". Banks themselves amplify $$$ w/ fractional reserve lending @ these rates below.
If you can't beat whale arbitragers, join 'em!
Learn how in this mega-thread🧵👇 2/ We'll be covering loans on:
SPY is an ETF owning stocks to tracking the S&P 500 index (linear)
VIXY is an ETF owning futures contracts tracking the VIX, which measures market sentiment through rolling 30-day put-option pricing on the S&P 500 (non-linear).
Jan 26, 2022 • 8 tweets • 5 min read
Quick update that my "aUST+Short-mSPY" strategy @mirror_protocol worked like gangbusters. Closed all positions Monday for a tidy "uncorrelated" profit so I could manage LTV% during the crypto dump.
Scroll thru my "short" 🧵👇 for what I learned & ways to improve the strategy. 1/
