Decided to go long perp futures 20x and not trade it anymore Will sell before the Merge is activated. May even put a short position before the Merge event Another possibility is getting liquidated. Not going to add any additional collateral. This is a defined risk play Good luck on the ETHBULL, very interesting price history
This morning I woke up with more dividends in my Roth/TFSA. RioCan (Canada's 2nd largest REIT) paid out dividends last night, and also the ETHY ETF which includes wrapped covered-calls paid out its monthly distributions last night too. Once again, I only bought up more REIT shares this morning, nothing else. The more REITs go on fire-sale prices, the more I'm going full bore into them. 10% APY on securities that are selling far below NAV is a low-risk/high-discount that never comes along except for rare times like this. "Thanks Biden!"
NFA Closed the Eth long perp futures 20x for no profit Position was in profits for most of the past 3 days, but price action has been weak since yesterday
NFA I started loading up my bag on ETHW today @ $5.xx @RedDuke If you liked Ethereum last week at $1,700 each, you will love it today at $5 each. ETHW is the same Ethereum and blockchain technology as last week iykyk
I'd like to say, that for now I'm out for the count on crypto for a while. But... that's not fully true. I'm going to set my limit-orders for ETH if she hits triple-digit figures again. Biden is just one of many who are helping to make that look like a really good possibility now. Busy looking at the media tube... seems today Goldman projects BTC to 12K now.
Can you explain a bit more? Why is wrapped ETH so cheap? Are u saying that at some point with ETHW will match the ETH price?
Ethw is not wEth, it's a fork of the Ethereum One can argue Eth is a fork and Ethw is the original Ethereum Ethw is Ethereum proof-of-work before Vitalik and friends decided to change it to POS. Decentralized, eh? https://coinmarketcap.com/currencies/ethereum-pow/ https://github.com/ethereumpow?tab=repositories
It was done by a vote. Isn't that decentralized enough? Originally, PoS was supposed to be pushed back and only carried out AFTER data-sharding was completed.
Who would vote against Vitalik and friends? Who can outvote them since they control majority? Anyway, NFA But.... what is more likely in the next 6 months, Ethw going 10x ($50/ethw) or Eth going 10x ($13,000/Eth)? High risk on Ethw, definitely... but high rewards as well It's got defi already, kyberswap and powswap, with yield farming Once the bridges to other EVM-chains are activated and it's being traded on BSC/Pancakeswap, or Fantom/Spookyswap... the price can shoot up https://kyberswap.com/swap https://app.powswap.io/#/swap?chain=ethereum_pow