Crypto Macro Trends for 2022

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

  1. johnarb

    johnarb

    I was using this for a portion of my backup. Decentralized, distributed, storage

    My guess is that the dev team is under duress from a nation state(s) to push up a code to all the nodes so they can copy and capture everything while keeping everything else running as usual

    Anyway, consider the data stored as compromised



    https://www.storj.io/
     
    #601     Dec 31, 2022
  2. It's the signs of the woke times we live in. Canadians being so stupid they vote for Dumbdeau, and Americans so stupid they vote for Dumbshit Biden.

    Both of these leaders were playing woke-politics to get elected. Not really trying to solve problems.

    But it was worth it folks! Dumbdeau played politically-correct cop guy and protested against certain words like 'mankind' for being sexist and oppressive toward women. So, we just HAD to vote for him.

    Ironically, he had nothing to say about the other side of 'sexist terms', such as gun-man, hit-man, etc. But that's politics!
     
    #602     Dec 31, 2022
  3. ph1l

    ph1l

    Always strongly-encrypt backup data stored on the Internet.
     
    #603     Dec 31, 2022
    johnarb likes this.
  4. johnarb

    johnarb

    Imagine a bear market in the stock market that lasts until 2028

    Imagine a crypto winter that lasts until 2028

    Only one rule... Survive

     
    #604     Jan 1, 2023
    Axon likes this.
  5. johnarb

    johnarb

     
    #605     Jan 2, 2023
  6. johnarb

    johnarb

    Good start of the year 2023

    Market slowly crashing, vix not spiking too much...

    AAPL has been on a steady decline but we don't want to scare the normies, just a few points here and there

    Defensive, and prepare for the worst... Make sure you can survive the next 2-5 years to take advantage of the next bull market







     
    #606     Jan 3, 2023
    NoahA likes this.
  7. johnarb

    johnarb

    Good upward moves on tech stocks and btc and cryptos. Nice upward trend, It would be a nice payoff if I can hold the long btc perps position to $20k/btc

    upload_2023-1-9_10-28-37.png
     
    #607     Jan 9, 2023
    NoahA likes this.
  8. johnarb

    johnarb

    Stock market reversal to a weak-close is a reminder we're still in a bear market

    Will close the long btc perps if gets above the trend lines earlier

    upload_2023-1-9_12-16-10.png
     
    #608     Jan 9, 2023
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  9. NoahA

    NoahA

    Out of curiosity, what happened to the 75k you made from shorting FTT? That would certainly cover a good year worth of expenses, but I imagine you gave some of those profits back?
     
    #609     Jan 9, 2023
    johnarb likes this.
  10. johnarb

    johnarb

    I gave back about $10-15K overtrading perp futures, but most of it, $50K I put into defi yield farming, but lost value on a couple of farms bnb-cake and usdt-cake which I closed the yield farms for losses when bnb and cake and btc went on a downtrend a month or 2 ago

    I re-grouped a few weeks ago as mentioned on the thread a few posts back and focused on some core defi yield farms so all the $50K are fully deployed in the defi yield bearing positions, kept $8K in the perp futures account which is what the screenshot above

    Without jinxing it, all the defi positions are in profits, but as I've mentioned, I even leveraged some of my btc's that were just sitting on cold storage and borrowed against it to deploy more capital to defi and get more yields

    This is my confidence that bitcoin has "bottomed". If I borrowed against btc when it was at $30K, I'd be in a bad position right now

    By borrowing against bitcoin, I do not have to sell any bitcoins to take advantage of some crypto yield opportunities

    The yields are the income, but none of the yields are realized at this time meaning they are not converted to $ yet. I'm still using cash for expenses

    NFA - My 2 biggest defi positions are Cake (~$37K) and XVS (Venus - current position value is $35K) staking. Cake has 1-yr lock, Venus only 7 days, but no locks now, since the 7 days has elapsed

    Ampl is a weird defi position, it earns 3-4% per day via increase of token circulating supply, anyway 2 years ago it was over 1000% (could have been 3-4000%) roi in about a month of positive rebases, but the tl,dr is that is not a forever hold, 90 days of positive rebases and it's bigger than bitcoin market cap

    I have 1 other small farm

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    upload_2023-1-9_13-17-23.png
    upload_2023-1-9_13-19-2.png

    upload_2023-1-9_13-20-34.png

    upload_2023-1-9_13-22-6.png

    upload_2023-1-9_13-23-28.png

    upload_2023-1-9_13-25-50.png
     
    #610     Jan 9, 2023
    NoahA likes this.