Is the crypto winter over?
- Thread starter schizo
- Start date
The expenses is what I never could understand... why people would stick to them, unless they are a boomer trying to learn crypto just before they push daisies.
With everything headed toward ultra-cheap DAOs, and DEXes, things are looking grim. The CEO cashed out his shares long ago to buy a mansion, etc. Just like... other CEO's that didn't end well.
All this talk and more talk on stuff, that never, ever materializes. What the hell is going on there? Just a bunch of smoke & mirrors.
All I see, is a repeat of Enron here. And Chanos is doing the same thing with Coinbase he did with Enron too. Remember when they laughed at him back then?
In fact, if I dig up old posts, I'm sure you will see people criticizing how stupid Chanos was on this very forum for shorting Coinbase.
But... if you go and look at Youtube gurus, people like Andre J. did very well at trying to pump up ownership in COINBASE.
Thursday earnings report coming... many promises, and little in delivery over time... with high fees and many other problems. Everyone appears to be skeptical over their new International Exchange.
Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange
Coinbase will report its first-quarter earnings results after the market closes on Thursday.
https://www.coindesk.com/business/2...ts-seek-details-about-international-exchange/
Coinbase launches international crypto derivatives exchange
https://www.reuters.com/technology/...ional-crypto-derivatives-exchange-2023-05-02/
I am so booked out the next few weeks I don't have time for much. But when (if) I can free anything up, I will dig deeper into their latest financial statements.... and lets see what else Brian is putting lipstick on.
humble brag post incoming
Pepe near ath again after it pulled back 50% 2 days ago. Pepe has had some major pullbacks in the past 2 weeks, but it recovers and goes back up
How would tradfi traders trade this? lol
This is crypto, and extreme moves are possible
I put $7k into Pepe and now worth over $50k
Well technically it's less than $7k as I put 10% into a yield farm liquidity pool which I have increased as the yields are very good, 2000% APY if compounded or 2% per day if not compounded
Am I closing this "investment"? No, not yet
There is no leverage on this. If it goes down 50% as it has several times, there is no liquidation
Pepe near ath again after it pulled back 50% 2 days ago. Pepe has had some major pullbacks in the past 2 weeks, but it recovers and goes back up
How would tradfi traders trade this? lol
This is crypto, and extreme moves are possible
I put $7k into Pepe and now worth over $50k
Well technically it's less than $7k as I put 10% into a yield farm liquidity pool which I have increased as the yields are very good, 2000% APY if compounded or 2% per day if not compounded
Am I closing this "investment"? No, not yet
There is no leverage on this. If it goes down 50% as it has several times, there is no liquidation
Do you know where a decent link to a daily bar chart for pepe?
I can't find one which makes it a problem to make a call.
Pepe-USDT is on TradingView
But I find the perp futures charts on cexes more accurate on the state of the price action
https://futures.mexc.com/exchange/PEPE_USDT?type=linear_swap
Oh, Tradingview says its been trading 16 days, not a lot of history.
Will use my penny stock trading rules if I were trading it.
At the moment a buy.
lol, yes, Pepe is only 3 weeks old!
Someone got in very early with $27 and turned it into a $2M, there's other wallets like that but they sold way too early, which is good for decentralized distribution
https://www.coingecko.com/en/coins/pepe