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?
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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