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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
💯⚡️🧙♂️🪞$VVV Spotlight
A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
💯⚡️🧙♂️🪞$VVV Spotlight
A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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Trying to navigate the exciting world of shorting Bitcoin in DeFi? You're not alone! This guide breaks down the process for beginners, using tBTC and WBTC in a lending/borrowing platform to capitalize on a potential downward trend. What is Shorting Bitcoin? Shorting Bitcoin is a strategy that aims to profit when the price falls. Here's how it works in DeFi:
Deposit tBTC: We'll use tBTC (wrapped Bitcoin) because it offers a higher interest rate (APR) due to lower supply on the platform I used Shoebill.
Borrow WBTC: With a low lend/supply ratio for WBTC, you might even earn a small APR for borrowing it! Caution: This APR can turn negative, so focus on the price movement, not just the temporary borrowing benefit.
Sell WBTC for Stablecoin: Convert your borrowed WBTC into a stablecoin (e.g., USDT, USDC) to lock in your entry price.
Buy Back BTC at a Lower Price: When the price drops as expected, purchase BTC back with your stablecoin at a discount, pocketing the difference as profit. Why This Approach? This strategy targets profiting from potential sell pressure from entities like Mt. Gox and the German government. The assumption is they'll sell their Bitcoin holdings regardless of short-term price fluctuations. Important Considerations:
Market Volatility: DeFi and the crypto market are known for their volatility. This strategy can be risky, so conduct thorough research and have a risk management plan.
Lending/Borrowing Rates: Don't be swayed solely by a temporary positive borrowing APR. Always prioritize the overall shorting strategy based on market analysis.
Stop-Loss Orders: Consider using stop-loss orders to limit potential losses if the market moves against your position.
Trying to navigate the exciting world of shorting Bitcoin in DeFi? You're not alone! This guide breaks down the process for beginners, using tBTC and WBTC in a lending/borrowing platform to capitalize on a potential downward trend. What is Shorting Bitcoin? Shorting Bitcoin is a strategy that aims to profit when the price falls. Here's how it works in DeFi:
Deposit tBTC: We'll use tBTC (wrapped Bitcoin) because it offers a higher interest rate (APR) due to lower supply on the platform I used Shoebill.
Borrow WBTC: With a low lend/supply ratio for WBTC, you might even earn a small APR for borrowing it! Caution: This APR can turn negative, so focus on the price movement, not just the temporary borrowing benefit.
Sell WBTC for Stablecoin: Convert your borrowed WBTC into a stablecoin (e.g., USDT, USDC) to lock in your entry price.
Buy Back BTC at a Lower Price: When the price drops as expected, purchase BTC back with your stablecoin at a discount, pocketing the difference as profit. Why This Approach? This strategy targets profiting from potential sell pressure from entities like Mt. Gox and the German government. The assumption is they'll sell their Bitcoin holdings regardless of short-term price fluctuations. Important Considerations:
Market Volatility: DeFi and the crypto market are known for their volatility. This strategy can be risky, so conduct thorough research and have a risk management plan.
Lending/Borrowing Rates: Don't be swayed solely by a temporary positive borrowing APR. Always prioritize the overall shorting strategy based on market analysis.
Stop-Loss Orders: Consider using stop-loss orders to limit potential losses if the market moves against your position.
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