Crypto Macro Trends for 2022

Discussion in 'Crypto Assets' started by johnarb, Jan 3, 2022.

  1. Sprout

    Sprout

    Came across this fair launch;
    https://app.excalibur.exchange/fairlaunch?r=MHhiODAzY2MzMDg3MjdkZTg3ZTgyZTkwZDYwYzZmYWUzYzQ2ZDIwMTJl

    The above is a ref link, one could just pull up the excalibur site as well. Byte Mason's did the same and it was the first I've seen it on a tomb fork, this looks a bit more polished and looks like it's integrating a swap as well.

    SSS is good and I think what's needed for a durable tomb fork is to incentivize the long term holding of bonds. Perhaps something like the BR gives rewards as pegtoken encapsulated as a yield producing time-locked bond. This way instead of receiving rewards that can instantly be dumped, those rewards emit over time independent of the BR. However one has to stake in the BR first in order to get these bonds. SSS of bonds would have a similar effect but still be exposed to whale activity. (similar to traffic light controlled highway on-ramps)

    I'm in snowy owl with a token amt same with pulseDAO. At first, I cast shade on pulseDAO due to the RH, but like you said, don't get drunk on the kool-aid.

    If you have any FTM bags, I've been getting var 20-50% APR on SUPPLY side on Tarot. No risk of liquidation, only lock-up if utilization is at 100%. What I've found is that when 100% utilization happens it also coincides with also receiving high APR.

    Yeah 2|3omb was great, even though they lost the partnership with Tomb and Harry, they can be great again if they are if fact building and not fronting.
     
    Last edited: Mar 8, 2022
    #161     Mar 8, 2022
    johnarb likes this.
  2. johnarb

    johnarb

    Thanks for the excalibur link, Sprout!! I'm currently charging the Tesla on our way home today, I'll take a look at it when I get home

    Very good idea on the Bonds gradual emission so as to prevent constant dumping/sell pressure of the peg token

    I actually have FTM for gas only. I sold my FTM bag (it wasn't much) when I cashed out of 2omb assets, I think around $1.7xsh

    I'm also planning to close out the Snowy Owl position, lost some of the profits but still good considering I'm in profits when I entered the position and Snoshares were trading around $150 and now it's $67, but still profitable due to the over 10 days of rewards and compounding

    I will increase my position on PulseDao, that money printer is a beast, I don't feel any price crash pressure even when btc and ftm and the rest of crptos are crashing with the recent global macro crises
     
    #162     Mar 8, 2022
    Sprout likes this.
  3. johnarb

    johnarb

    *** Post is for entertainment purpose only

    PusleDao (PShare) had a quick sell off last night. Looked on Discord and seems there's a delay of the Avalanche launch, but devs seem to be competent and not bothered. Ok, cool, nothing to stress about, will continue to compound the rewards daily

    ------------------------------------------------

    I was planning to add 1 or 2 btc's to the portfolio, but received the latest email from Willy 7 hours ago, so I'll wait for now...

    I really wish that Willy would continue the newsletter but for now, it's scheduled to end in 3 months

    March 11 (current price $39.1k):

    • Structural summary: Institutions and large holders continue to sell down.

    • Price action expectation: Bearish until we see signs of demand coming back into the market.

    • Personal opinion: There’s no question we are in a bear market due to the duration of the sell-off. There’s never been a bottom of a bear market in BTC without a capitulation event, so I think there is a high probability that this region breaks down and we test lower lows before accumulation takes place to setup for the next bull cycle.
     
    #163     Mar 10, 2022
    NoahA likes this.
  4. johnarb

    johnarb

    Interesting video from CNBC. I'm very glad to own Bitcoin and cryptos during these times of turmoil

    Bitcoin is a safe haven asset and only acts as a risk asset in the short term

    Few...


     
    #164     Mar 12, 2022
  5. johnarb

    johnarb

    *** Post is for entertainment purpose only

    Well, that sucks... PulseDao just rugged, website is gone, discord is gone...

    I had just compounded a couple of hours ago. Oh well, always a risk factor. I think this is my first rugpull, so actually been lucky all this time, although, I've lost more $ on projects that never rugged due to the amount of risk capital invested

    The thing now is not to go on tilt and start trying to chase other projects to recover the loss on this, about $30ksh
     
    #165     Mar 13, 2022
  6. Sprout

    Sprout


    Sorry to hear it @johnarb, they renounced and kyc'd, super surprised. I only had couple hundred in it. Rugpulls hurt, I lost about 1/2 of what you have last year. It's a shame that the space is so full of bad actors.

    In other news;
    2|3omb has introduced bond staking and reduced apr's on other pools to incentivize this. I think it's a good move, although the folks at Based think it would incentivize dumping below peg, we'll see. I just have them in yieldwolf as set and forget.

    Today for me was about getting positioned on oxDAO. Complicated tokenomics. However, they did turn me on to Dei/Deus which looks interesting in that they have commodities available.

    Curious what the EU is gonna do with the PoW legislation.

    On another note, picked up some Grassetti NFT's - All That Remains Collection. I really dig the game mechanics. Also picked up a bunch of Meme VIP's, the roadmap is lit. Now figuring out how to get more ASH to participate in the upcoming ASH2 drop.

    Hang in there, it can be discouraging when hit with such an unexpected loss, it's more the trust aspect and disillusionment with humanity.
     
    #166     Mar 14, 2022
    johnarb likes this.
  7. johnarb

    johnarb

    Thanks Sprout!!

    I thought hard but can't remember ever being rugged, however, I lost over 6 figures on CREAM due to price collapse which as the crypto markets has a way of doing, came back with a vengeance and price went up much higher had I held (it has since collapsed from those lofty levels)

    I made much more on 2omb so that helps a little bit of the pain, but being rugged is a different kind of feeling, like being violated, lol

    Based looks interesting, price of BShare has been holding steady, and it still pays 3% on the LP

    Snowy Owl looks too undervalued and of course 2omb/3omb with 3Share doing better than 2Share looks very much undervalued also, even a swing trade has a good chance of profits since APR's are low on 2omb/3omb right now

    Zomb is a new project that came out, I think 2omb/3omb project so very low chance of rugpull, considering that one for yield farming

    Thanks again, Sprout and best wishes to you and your crypto plays!!
     
    #167     Mar 14, 2022
  8. Sprout

    Sprout

    chkout
    https://degenfinance.us/farms

    there's still some pulsedao liquidity in those pools, you might be able to recover some losses at the time of this post there was about 40k liquidity still available. I was able to recover my ftm and surprisingly swapping pShares and PLD worked as well.
     
    Last edited: Mar 16, 2022
    #168     Mar 16, 2022
  9. johnarb

    johnarb

    Thanks Sprout!!

    It was my first rugpull so I did not know how to do emergency withdrawals until yesterday

    The reasons you can still trade the tokens is because the liquidity pools (token pairs) are on SpookySwap

    The PulseDao team shutdown the server, but the smart contract is a fork of smart contracts that have emergency withdrawals enabled. The scammers did it so that they can trade the tokens ahead of others

    If I knew how to do the emergency withdrawal I could have done it right away after the website shutdown

    I could have gotten a lot more $ out of my LP (FTM and PShare). Before the website shutdown, I saw a value of $23K so I might have gotten $20K value instead of currently around $1,200 (traded the PShare for FTM plus the FTM side of the pair)

     
    #169     Mar 16, 2022
    Sprout likes this.
  10. johnarb

    johnarb

    *** Post is for entertainment purpose only

    [I added 1 btc to the portfolio 2 days ago at average price $39K]

    Willy has sent an email newsletter update 4 times in the last 8 days

    This has never happened before and I was thinking that he's sending more often since the newsletter is ending, but seems there's more to it...

    NFA

    "on high alert so these letters are coming in very frequently right now"

    "countdown for a bullish break out of the bear market is now in effect"

    "ETH on-chain demand is at all-time-highs... expect it to outperform BTC in coming weeks"
     
    #170     Mar 18, 2022
    NoahA and Sprout like this.