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  1. johnarb

    starting to day trade crypto question

    Perpetual futures can do 150x leverage, but bear in mind that on a 100x leverage, a 1% move against you means liquidation This is not a good idea, a better trade is a longer timeframe but lower leverage, you can still get a 100% roi on a 20x leverage on a 5% move that may play out over a 1-3...
  2. johnarb

    starting to day trade crypto question

    Pepetual futures on btc, 20-25x leverage, you should be able to make some good profits if you are good with money management and able to pick the direction, correctly on the time frame you wish to trade https://www.bybit.com/en
  3. johnarb

    Best crypto pairs with 1k?

    I do not believe there's any trading demo on any DeX, the reason is that everything is recorded on the blockchain There are test platforms (beta versions) where they may use testnets (non-mainnet) blockchains, but I believe those are invites only (if there is one active). I've never used one...
  4. johnarb

    Is the crypto winter over?

    But you'll still look at the chart, right? :D Bitcoin bull market is very painful for the bears, just as the bitcoin bear market was very painful for the bulls Last bull market was $3.2k to $69k over 2000%, so for this bull market cycle, we want to see +$300k/btc Lots of chances to short for...
  5. johnarb

    Is the crypto winter over?

    I'd be surprised to see btc go that low, I just don't see anything... Friday is Bullcember 1, curious if you will hold your short over the weekend?
  6. johnarb

    Tether: What part of this balance sheet do we not believe?

    From what I've read, the banking system in Lebanon has collapsed, so no electronic payments, credit cards, banking, so Tether (and bitcoin and other cryptos) are the solution for a functioning shadow economy, i.e. trades of goods and services To some degree, similar Tether/crypto economy in...
  7. johnarb

    Tether: What part of this balance sheet do we not believe?

    Usdt trades much higher volume than Usdc at Coinbase and Kraken US citizens are using Usdt more than Usdc https://coinmarketcap.com/currencies/usd-coin/#Markets https://coinmarketcap.com/currencies/tether/#Markets
  8. johnarb

    Tether: What part of this balance sheet do we not believe?

    A lot of people think the same. Tether just added a couple of billion Usdt into circulation, another ATH market cap Usdt Liquidity for the whole crypto digital assets ecosystem Usdc stuck at 24B over 60% off its ATH market cap, PayPal USD Pyusd has been irrelevant still
  9. johnarb

    Tether: What part of this balance sheet do we not believe?

    Tether does not pay interest. It's a native crypto liquidity bearer asset pegged to the USD
  10. johnarb

    Best crypto pairs with 1k?

    It's a dex Apollox
  11. johnarb

    Best crypto pairs with 1k?

    Current liquidation price is $29.6k but it will change when (if) I reduce the position size if btc pulls back to $34.7k I don't know my carrying costs, sorry... it's an old position starting position size was 1.5 btc, kept adding until current size is 5 btc
  12. johnarb

    Is the crypto winter over?

    Starting position size was long 1.5 btc perp futures right before Uptober, increased to long 3 btc perp futures, then added long 1 btc perp futures @ $37.2k btc Added 1 more today for Bullcember coming up in a few days Total position size is long 5 btc perp futures, but will reduce if btc...
  13. johnarb

    Best crypto pairs with 1k?

    Added collateral 6k usdt and added 1 more long btc perp futures, total 5... going into Bullcember, will reduce position size if btc pulls back to $34.7k
  14. johnarb

    Best crypto pairs with 1k?

    I'm using a dex that only has USDT pairs against cryptos I used a perp futures trading platform that did not allow modification of margins (GNS a fork of GMX) and the only way to make changes would be to close the position, make the changes and then open the trade position again The one I'm...
  15. johnarb

    Best crypto pairs with 1k?

    Any crypto with perpetual futures trading is good for $1K collateral For example, btc/usdt you can do 40x leverage long/short, get 1 btc position, a $500 move you make 50% roi Same with eth/usdt 25 Eth position can capture $200 move, make 50% roi Some alts with perpetual futures are...
  16. johnarb

    Bitcoin Price Thread

  17. johnarb

    Is the crypto winter over?

  18. johnarb

    CZ in jail

    :D Actually, It's Benance
  19. johnarb

    Is the crypto winter over?

    That's great! Glad to hear you've made good profits elsewhere My sister reminded me it's Thanksgiving today (Thursday night here), how quickly we forgot, lol, Happy Thanksgiving to all!
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