Caffeinated thoughts from a full-time software developer/part-time trader

Which part, the candlestick part or the cost basis part?

 

Both. How does candlestick trading reduce costs?

 

Ethereum yield farming in a nutshell

 

I can't figure out if you are trolling or not, but I'm not going to get into how trading can reduce cost basis. lol. I will let you google that.

 

Yah, but you mentioned candlesticks, why candlesticks in particular?

 

That's my method of trading. Not going to get into that either. If you want to know, it's all over my posts here in my journal and on my Twitter.

 

I think it is the way I interpreted, like "candlestick" trading will reduce costs.
It could mean your chart trading helps reduce costs.
I thought you were saying candlesticks in particular reduce costs. All good, carry on.

 

I've fully gone down the decentralized finance rabbit hole. Just start providing liquidity on Balancer. Added $12,000 of WETH (Wrapped ETH) and sETH(Synthetic ETH) to the pool. This pool doesn't have much for a swap fee so I won't make much in terms of fees, which are paid to the liquidity providers, but I will be paid BAL which is Balancer's governance token and is primarily used to bootstrap liquidity right now and decentralized governance of the protocol.

 

"Big if true". And it was.

 

Looking at the bar chart in your tweet: the price action in the last few weeks looks very similar to the gold and silver futures.