Investing

The RFD - Cryptocurrency Mega Thread

Member
Sep 29, 2015
312 posts
274 upvotes
Shanghai, China
favelle75 wrote: $4400 ETH...congrats to us!
Feels like a touch near ATH inevitable. I'm running out of ETHA options to sell though lol. Hopefully chance to reload some time in august/sept.

Where all these ETH treasury companies can take ETH this year? Could end up completely crazy in Q4. The share diluting and chasing these companies do could end up making Michael Saylor blush. The appeal of ETH as a treasury asset will be extremely high while it is pumping, especially with the recent SEC decision that liquid staking assets are not securities. Lots of yield opportunities to try to sell to shareholders, from just boring ETH staking to stablecoin pairs and everything else. It's all amazing looking ... until there is a big liquidity drain out of ETH and/or activity dies off again. The BTC treasury panic selling cascade people have been predicting for MSTR and others can happen much faster with ETH.

In any case, sticking to the bull market period :) Imagine if these kinds of ETH/BTC levels could get hit this cycle with BTC still holding up >100k

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Jan 3, 2013
3025 posts
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oobga14 wrote: Feels like a touch near ATH inevitable. I'm running out of ETHA options to sell though lol. Hopefully chance to reload some time in august/sept.

Where all these ETH treasury companies can take ETH this year? Could end up completely crazy in Q4. The share diluting and chasing these companies do could end up making Michael Saylor blush. The appeal of ETH as a treasury asset will be extremely high while it is pumping, especially with the recent SEC decision that liquid staking assets are not securities. Lots of yield opportunities to try to sell to shareholders, from just boring ETH staking to stablecoin pairs and everything else. It's all amazing looking ... until there is a big liquidity drain out of ETH and/or activity dies off again. The BTC treasury panic selling cascade people have been predicting for MSTR and others can happen much faster with ETH.

In any case, sticking to the bull market period :) Imagine if these kinds of ETH/BTC levels could get hit this cycle with BTC still holding up >100k

If I could just time one peak and one pullback, life would be so much easier!
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Sep 21, 2007
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yeah.. I'm gonna take some profit from ADA here. It basically went straight up from .77 to .85 now Face With Tears Of Joy
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
Member
Sep 29, 2015
312 posts
274 upvotes
Shanghai, China
favelle75 wrote: If I could just time one peak and one pullback, life would be so much easier!
Everyone's dream!

I can't do it with my trading. DCA out and run out of stuff to sell long before the top is my usual routine. Thank goodness for spot holdings, but trading so much more fun :)
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Sep 21, 2007
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man.. as I sell some ADA.. this thing hits $.88 Face With Tears Of Joy
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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Dec 14, 2010
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favelle75 wrote: If I could just time one peak and one pullback, life would be so much easier!
Track momentum. Lots of whitepapers describing tried mechanisms for that. Code in tradingview.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
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ADA touched $.92. you're welcome for me selling some at .855 Face With Tears Of Joy
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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ADA might break $1 again tonight. Smiling Face With Open Mouth
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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$.025 away from $1....
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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dam.. best decision ever.. moved almost all my SPY and selling it at $585.. and bought into BTC, ADA, XRP this year.
"An essential aspect of creativity is not being afraid to fail." -- Edward Land
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Excellent report on Stablecoin Payments, with great insights on how the current system is built and how stablecoins can offer actual improvements throughout the supply chain. They will revolutionize global payments and have the potential to unlock $1 trillion in annual cross-border volume by 2030.

A must read to learn about real world stablecoin adoption.

https://keyrock.com/stablecoin-payments ... pportunity


Rod
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
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Apr 23, 2007
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rodbarc wrote: Excellent report on Stablecoin Payments, with great insights on how the current system is built and how stablecoins can offer actual improvements throughout the supply chain. They will revolutionize global payments and have the potential to unlock $1 trillion in annual cross-border volume by 2030.

A must read to learn about real world stablecoin adoption.

https://keyrock.com/stablecoin-payments ... pportunity


Rod
The question is what chain will get the adoption?

- ETH? - In current state GL without scaling
- ETH L2's - Why would you silo liquidity
- BASE - Same as above + stock market company, centralized
- BSC? - Same situation as Base, centralized.
- TRX? - They are a sleeper, 2nd largest issuer?
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XxXSnake23XxX wrote: The question is what chain will get the adoption?

- ETH? - In current state GL without scaling
- ETH L2's - Why would you silo liquidity
- BASE - Same as above + stock market company, centralized
- BSC? - Same situation as Base, centralized.
- TRX? - They are a sleeper, 2nd largest issuer?
that's why you got to be in all of them...
"An essential aspect of creativity is not being afraid to fail." -- Edward Land

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