coder, dad, trader and loves to help
"I see the situation, I am not concerned."
#bitcoin $DFI
trade: https://t.co/FdWGGQJcYG
earn: https://t.co/XVxUvzjKqg
Sep 28, 2022 • 9 tweets • 2 min read
Yes, still bullish on $DFI and $DUSD and I got data to prove that. last time I shared those numbers, ppl got overhyped which killed the whole move.
I am sorry for that.
this time with disclaimer: Don't get too excited, let it grow slowly and enjoy cashflow watching it. 🧵
For perspective, lets compare the situations a bit.
The last time I wrote a number based bullish post (about a month ago), $DFI was at 3700 sats. stabilization fee was at 30% but the situation in the vaults was bad.
Sep 24, 2022 • 4 tweets • 1 min read
more numbers regarding $DUSD burn and fee:
strong prices moves burn DUSD. previously this was only on up moves (cause ppl sold DUSD for DFI in a pump).
now its also on down moves due to arbitrage with stablecoin pools. 🧵
before the first update (before Sep 2) we burned avg 20k/day
now (last 7 days) we burn avg 35k/day. This shows that a lower fee (was 29% then, now 7%) doesn't mean a lower burn. looks like the opposite is the case.
Mar 26, 2022 • 8 tweets • 2 min read
Why I am so bullish on $DFI:
After the update you can make a vault with 100% DUSD collateral. So you can earn 66% APR on a stable coin. short Thread on how and the effects of this.
A short #roadTo50 🧵 /1
based on 10k DUSD->
* put 6.6k into the vault
* mint $3.3k SPY
* put the SPY with the remaining 3.3k DUSD into LM
-> you get 100% APR on $6.6k
-> 66% on the 10k DUSD
(SPY would need to pump 30% to get your collateral into trouble, so plenty of time to react)
/2
Mar 24, 2022 • 10 tweets • 2 min read
Spot is still leading this $BTC pump. What is happening?
Please don't fomo into this pump please.
High chance it will get a retrace.
Never fomo into sich an aggressive move. Unless you know the reason.
Apr 13, 2020 • 25 tweets • 6 min read
I came back to BTC early 2017 and discovered crypto-exchanges around mid 2017. switched from gambling to trading early 2019 and became netto profitable early 2020.
it was probably the classic story of a rookie trader: a long thread. 1/24
I loved btc. Full access to a real exchange (no CFD crap) and a "pure" technical asset to trade was awesome so i started using real money for the first time. Risk averse as i was i only funded the trading account with 100$ and had positionsizes of 1$ (thanks to knowing RM). 2/24