Stonks, crypto and things (4 Viewers)

I’ve been using MSOL to mine MNDE, which I plan to swap into more SOL, MSOL, or USDC.

Completely forgot I can buy MSOL directly on Coinbase, appreciate the reminder
Are you farming on Raydium? Curious where you are getting the MNDE. I have a bunch of that from staked Ray on that site. Providing liquity on the DCEs is wild.
 
Just flipped a tiny bit of BTC into more SOL!

#waitingforaltseasom
if you take a look at the BTC/BONK pair it’s actually been a great oscillator this last year. More of you’re short term trade but if it makes its way back down to the range low I’m gonna jump on the trade for alt season.
 
Are you farming on Raydium? Curious where you are getting the MNDE. I have a bunch of that from staked Ray on that site. Providing liquity on the DCEs is wild.

No, I’ve only used Marinade and swapped on Orca. IIRC I earned all my MNDE from staking MSOL back into Marinade.

I have provided liquidity on another chain and dealt with a decent amount of impermanent loss, but that was my own fault. Went a little too crazy with swaps, providing liquidity, farming, and trying different things.

Because of that, I’d rather not add liquidity to any pools. I think I’d like to swap a small amount of SOL at a certain price point into USDC and try loaning it out on Solend while asking the borrower to provide SOL as collateral and see how that goes. After that, probably will just stake some with Marinade again, another validator or two, and maybe even try Jito.

We’ll see how it goes, fingers crossed
 
BTC $102k
 

Attachments

  • Screenshot_20241205_053447_Stocktwits.jpg
    Screenshot_20241205_053447_Stocktwits.jpg
    74.9 KB · Views: 38
The crypto winter in 2021 was a massive buying opportunity. Just keep DCAing amount you can afford to lose. This is a long term thing and adoption will drive growth.
Genuinely curious: what is the long-term strategy?
 
Genuinely curious: what is the long-term strategy?
Except for bitcoin, all my crypto holdings are staked and earning a pretty good return.

Bitcoin I view as a store of value with incredible upside. If adoption trends continue the scarcity of bitcoin is hard to beat. There are only 22 million of them. There are more millionaires in the United States, so even if everyone wanted one they couldn’t buy it. In a world where government can devalue dollars at will, it’s a hedge.
 
Except for bitcoin, all my crypto holdings are staked and earning a pretty good return.

Bitcoin I view as a store of value with incredible upside. If adoption trends continue the scarcity of bitcoin is hard to beat. There are only 22 million of them. There are more millionaires in the United States, so even if everyone wanted one they couldn’t buy it. In a world where government can devalue dollars at will, it’s a hedge.
If you believe everyone the keys for about half that amount lay scattered around in various dumps all across the world.
 
No exit number for either of you

I imagine this question really hinges on monetary policy by the Fed?
March Options expiration and whether the Fed ends QT will influence a lot of peoples decisions.

Cycle theory, whether you believe in the liquidity cycle or not. A lot of factors people have, but if the cycle is over you’d imagine there is a dead cat bounce to exit into.
 
I imagine this question really hinges on monetary policy by the Fed?
March Options expiration and whether the Fed ends QT will influence a lot of peoples decisions.

Cycle theory, whether you believe in the liquidity cycle or not. A lot of factors people have, but if the cycle is over you’d imagine there is a dead cat bounce to exit into.
Oh, let the sun beat down upon my face, stars fill my dreams.
I am a traveler in both time and space, to be where I have been.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account and join our community. It's easy!

Log in

Already have an account? Log in here.

Back
Top Bottom
Cart