.60 on @Gemini Predict
.74 on Polymarket
Before you buy No at .74 on Polymarket, you might want to see what @Gemini Predict is offering. Fourteen cents cheaper is fourteen cents cheaper.
Everyone is debating whether CLARITY passes. I am looking at the fact that No costs 63 on Polymarket and only 59 on @Gemini
Everyone is debating whether CLARITY passes. I am looking at the fact that No costs 63 on Polymarket and only 59 on @Gemini
Satoshi ₳lien retweeted
Some features get a launch thread. This one just works.
Open app.spenders.xyz in the @solflare or @phantom in-wallet browser to shop at your favorite @FlexaHQ merchants with $SOL, $USDC, $PENGU, $BONK, $WIF and more, all on @solana.
Solana Summer. Powered by $AMP.
I got the last pack of @vibes_tcg at Barnes & Noble and paid with USDC on @solana 😭
straight from my @solflare wallet with @FlexaHQ
yall can do this rn, open app.spenders.xyz in your wallet browser and go shopping
Satoshi ₳lien retweeted
looks like some alpha just got leaked from @FlexaHQ
Native stablecoin payments at the POS? Could be huge
Satoshi ₳lien retweeted
Bullying Daira-Emma is low blow AND low IQ by any standards. Daira is a highly accomplished cryptographer. Don't like the coin? Study the tech and make your case, but no need to attack the person.
Sometimes conviction leads you to hold something to 0 and sometimes conviction helps you make it all back and then some.
I love how people are waking up to $ZEC
Inevitably it will be $AMP's turn
$ZEC is so undervalued. I really can't see much more downside from here.
Big fan of the tech and what's coming .
Gonna have to double down here.
Satoshi ₳lien retweeted
Greetings crypto traders whose Friday was not a cheerful day. I need to tell you that there will be better tomorrows. While the tunnel may seen dark, there can be bright days in front of you depending upon how you respond to your present circumstances.
If your finances were severely injured this past week in crypto (or even equities) allow me to share with you the same advice I routinely share with my private community of traders.
Wealth - real wealth that is secure and lasting - does not come from "bet the farm" speculative bets. Real wealth comes from accepting investing as a marathon, not a sprint.
Real wealth comes from controlling risk, not from taking huge gambles. Real wealth comes in the accumulation in small pieces, gained, then protected.
I love that the younger generation to which you belong has taken an interest in speculative markets such as crypto and futures. Welcome. This is the arena I have operated in now in the 6th different decade starting in the 1970s.
I wiped out several accounts in the early days. These are not fond memories. But I kept at it. For me I learned how to control my risk. What does that mean exactly?
Well, for me it means to limit my risk on any given bet to no more than 1% of my total pot. I know that sounds too tame to be meaningful, but if you do not want to go through what you experienced this past week, then perhaps it should be meaningful.
It also means that I do not bet any more than 3% of my entire trading capital on the composite of highly correlated bets.
I have noticed that some in the crypto space wear as a badge of honor that they can sit through 80% drawdowns. Well, that is NOT a badge of honor. It is a crown of shame. Anyone who thinks lightly of 80% drawdowns will end up rekt at the end of the game. If you doubt me, then stay on your present course and find out.
It also means that leverage is a wonderful tool, but it can be a weapon you turn back upon yourself. As a rule, I never want to be leveraged against my total account by more than 2X -- and then only when I am diversified in assets that might be negatively correlated.
So, I encourage you. Take this past week as a serious lesson of investing and of life. Take ownership of your mistakes. Don't blame this past week on some "whale" or manipulator. Own it. And move forward having learned some valuable lesson.
Satoshi ₳lien retweeted
@FlexaHQ they did a promotion with Chipotle for the merge and sooo much more.. Flexa deserves their flowers
xitter.cf/ChipotleTweets/status/…
Took a little longer but Inevitable
$BTC
$BTC Stays over 107 for a few days and we are a straight shot to around 130ish 👌
Satoshi ₳lien retweeted
Bought a little $ETH and threw up in my mouth a bit.
Satoshi ₳lien retweeted
“…banks are leverage trained animals”—@AP_Abacus
1. a fool & their leveraged #bitcoin are soon parted
2. reiterate my longstanding prediction: a G-SIB (a megabank) will blow itself up in bitcoin by allowing collateral substitution & commingling it, & by rehypothecating it, etc. G-SIB risk models aren’t calibrated for an asset like bitcoin. All G-SIB bitcoin activities should be ring-fenced, but of course they won’t be. G-SIBs’ traders are still incentivized to roll the dice & will do so (privatized profits, socialized losses). 😔
UPDATE: some eye opening quotes from tradfi sources after BofA Moynihan’s comments yesterday:
• “floodgates will open and lending products will hit the market FAST!”
• “your BTC price predictions are too low, banks are leverage trained animals.”
• “one guy ahead of the curve, @dgt10011 has it figured out; he knows what/how banks do what we do.”
