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    Friday, September 10, 2021

    Crypto Currency Markets Good weekend my fellow warriors

    Crypto Currency Markets Good weekend my fellow warriors


    Good weekend my fellow warriors

    Posted: 10 Sep 2021 01:51 AM PDT

    Lmaooooooo

    Posted: 10 Sep 2021 10:42 AM PDT

    Shiba Inu crashes 85% in one minute candle after Coinbase listing.

    Posted: 10 Sep 2021 10:38 AM PDT

    "PLGR Public Sale — Tutorial"

    Posted: 10 Sep 2021 01:36 PM PDT

    Samuel L Bitcoin

    Posted: 10 Sep 2021 07:25 PM PDT

    Epic vs. Apple Court Ruling Could Open Door to iOS Crypto Payments

    Posted: 10 Sep 2021 01:50 PM PDT

    Solana Ovetakes Ethereum On Google Trends For The First Time

    Posted: 10 Sep 2021 10:15 AM PDT

    Mechanics of starting an NFT collection

    Posted: 10 Sep 2021 04:25 PM PDT

    Banks Have Received Over $332B in Penalties Since 2000 — Bitcoin Is a Necessity for the People. The opacity of the banking system is dramatic for the people.

    Posted: 10 Sep 2021 10:37 AM PDT

    Published on YouTube: Robinhood introduces DCA | Crypto.Com is PSG's first official crypto partner | Daily news: 10-09-21

    Posted: 10 Sep 2021 12:26 PM PDT

    cryptodefenders

    Posted: 10 Sep 2021 08:37 PM PDT

    Crypto Defenders - a castle defense style block chain-based game

    Crypto defender's diverse cast of characters allows you to devise your own approach and strategy

    Many levels that demand different tactics and unlimited rewards are waiting for you, heroes

    Join us now and create your own legend

    submitted by /u/kapusynyc
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    Making those stacks is a great thrill but keeping those stacks makes the pro trader!

    Posted: 10 Sep 2021 07:40 PM PDT

    How to make money in a DIP?? Simple...

    Posted: 10 Sep 2021 03:53 PM PDT

    How to make money in a DIP?? Simple...

    Assuming crypto, like stocks, will ultimately recover their price and then make new highs... Here is a list of all coins on binance ordered by the worst hit. Some amazing profit to be made if one is patient! Remember crypto has always recoverd in less than a year!

    PRICES ARE IN EURO! But percentages are the same as USDT :-)

    https://preview.redd.it/94gf0v2s9rm71.png?width=577&format=png&auto=webp&s=4f96e31c4dfdcec61e9e28fcd5f80b43177d730c

    submitted by /u/Zechs_marquie
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    Some brief DD on several newly listed (~24 hours), interesting crypto projects

    Posted: 10 Sep 2021 07:20 PM PDT

    I feel like half of the problems we face in crypto originate from blockchains being unconnected.

    Posted: 10 Sep 2021 10:14 AM PDT

    I don't know what's stopping many of the current blockchains from being bridged. The technology is already there with platforms like OIN already connecting many blockchains. Why can't more projects follow suit and pitch in ?

    Imagine a crypto market with no blockchain barriers… it would be so much faster and cheaper and we also wouldn't be needing swapping platforms anymore. Transactions would literally just from one blockchain to the other…

    submitted by /u/Mandrake_m2
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    Interchain Exchange Protocol (IXP) by Kira Network

    Posted: 10 Sep 2021 02:16 PM PDT

    VeChain’s Sunny Lu Clarifies Misconception about PoA 2.0 Launch Timeline

    Posted: 10 Sep 2021 07:21 AM PDT

    If you want to get over the corrupted banking sector, you must jump in to this crypto train.

    Posted: 10 Sep 2021 09:34 AM PDT

    There's no way for an individual who understands the basics of banks to be satisfied with their existence.

    I'm not calling a riot against the banking sector, but who gave these institutions the right invest our money, make billions out of it, and then give us a fraction of a dollar as a reward. I mean what the hell is that? Why do people still call banks "saving plans"!?

    Decentralization is the key, and we actually have platforms like Privateum, that allow us to manage our private assets without the need of any bank or a financial institution.

    Be your own saving plan, investing in what you see right can actually change your life.

    submitted by /u/ryuk_luvs_apples
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    Follow up: Bitcoin 50k Covered Call 29 Oct 2021 Expiry Trade

    Posted: 10 Sep 2021 04:45 PM PDT

    Preamble: Before I go on I just wanted to clarify that I am not trying to encourage anyone to trade options or derivatives. In fact, I strongly discourage most people to use derivatives as they are leveraged investments and can easily go against you and result in losses that go beyond what you have in your trading account. The risk is even greater with highly volatile investments like bitcoin and cryptocurrencies in general. Furthermore, derivatives require a very active management and quickly become time consuming. Studies have shown that simple buy and hold - HODL! - strategies have systematically outperformed derivative investments and I strongly recommend that this is what the majority of people should do. However, even if one is not investing in options, they can be really useful tools to interpret what the market may or may not do and the idea here is to exchange views and opinions and these interpretations. I'm also writing this just as much for myself as for anyone else as it helps me keep track of my investment process and gain valuable insight from others' opinions. If this might be of interest read on. If not please skip this post and rest assured that HODLing is much safer and more lucrative than trading options.

    Follow up

    I posted a couple of days ago a trade idea which you can read about here. I wanted to put on this trade because my feeling was that we had reached a ceiling with the 52k level and while I still wanted to benefit from some upside if we kept on rallying I also wanted to protect my BTC investment from a pullback which I felt could come from some negative regulatory scrutiny. My target trading range was 45k / 55k.

    Low and behold BTC took a severe beating a few hours later due to the negative news from the SEC taking interest in the Coinbase lending program. Luck must have been on my side because I couldn't have possibly timed this if I had wanted to - in fact that's why I chose a medium term 60 DTE maturity for the trade as I didn't expect the correction to come so soon.

    By selling the 50k BTC Oct21 Calls on Wednesday we collected 0.15 btc ($7.8k) of premium and at time of writing they are trading around 0.1 ($4.5k) therefore locking in a 0.05 ($2.3k) unrealized profit from the decrease in the value of the option. However, since this is a delta neutral trade the long delta hedge 0.5 btc per option has cost us around 0.06 btc ($3k) due to the 10% drop in the value of btc from 52k to 46k.

    As intended this trade has mitigated our losses from the correction as the decrease in the value of the option has more or less compensated for the drop in the price of the underlying.

    What now?

    There is still a fair amount of premium in the option therefore we are going to hold the position since the general consensus is that the market will not bounce back quickly and we are looking at a trading range of 40k / 50k for the weeks to come which means that theta decay will chip away at the value of the option netting us some additional profit.

    Since we remain bullish it might be a good time to purchase some additional spot since this will enable us to buy some "cheap" btc so we don't miss out on the next rally while also counteracting the increase in premium of our short call position if the market does move up. That being said macro news may weigh on btc and crypto in general with Fed starts tapering in Q4 so we will be cautious in our btc spot purchase by averaging our buying.

    Was this the best trade or would there have been better trades?

    In the initial post u/LoudOrganization6 suggested selling a 65k strike instead of the 50k. This would have been more suitable for someone more bullish than me and would have captured only 0.05 ($2.6k) btc of premium by selling the 65k call strike for the same expiry. The idea was to maximize the premium income which is why we opted for a slightly ITM call to match our short term bearish outlook.

    Another combo by u/LoudOrganization6 would have been to sell a 60k strike Call (0.08 btc) and buy a 45k Put (0.7 btc) which is essentially a Collar. The sale of the Call would have paid for the purchase of the Put. At time of writing the 60k Call is now worth 0.04 btc and the Put 0.12 btc. With hindsight this would have been a much better trade than the Covered Call trade although it would have hurt a bit more in the short term if the market had kept on rallying with the increase in the premium of the call and the collected premium having been used up to pay for the long put.

    As always tits jacked !

    submitted by /u/chatlourd
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    Published on YouTube: Robinhood introduces DCA | Crypto.Com is PSG's first official crypto partner | Daily news: 10-09-21

    Posted: 10 Sep 2021 12:18 PM PDT

    Markets Move SAME: Ada & Doge

    Posted: 10 Sep 2021 07:48 PM PDT

    Which crypto exchange platform do you prefer? Can be for any reason(s) really; commision, fees, app layout, chart tools, company status/ratings etc.

    Posted: 10 Sep 2021 09:20 AM PDT

    Global e-commerce platform Ethair will allow purchase in both crypto and fiat currency; to be launched in USA and Canada - Times of India

    Posted: 10 Sep 2021 02:56 PM PDT

    What Is Proactive Market Maker ? (DODO)

    Posted: 10 Sep 2021 02:47 PM PDT

    General Conclusion

    In the summer of DeFi 2020 decentralised exchanges exploded, especially AMM, with the success of Uniswap. Since then, a series of projects have copied Uniswap's model, but some have approached the problem in a different direction. Including DODO.Launched in mid-August 2020, DODO is an on-chain liquidity solution that combines AMM and oracle. This is also a factor that is more advanced than other DEXs like Uniswap.

    Dex Market

    AMM-based DEXs have proven to be one of the highest impact DeFi innovations, allowing investors to seamlessly trade between cryptocurrencies in a completely decentralised and unattended manner, through pre-funded on-chain liquidity pools.How: simply deposit capital into these liquidity pools (become a market maker).Why: liquidity providers can earn a passive income on their capital through accrued trading fees, based on their contribution rate.The DEX has had unprecedented success over the past few months. Led by Uniswap, DEX volume surged to a record high of $83 billion in May, and the total locked-in value on all DEX platforms also reached the highest value of almost $28 billion.

    Problems

    Despite such tremendous success, AMM DEXs still face their own limitations. Some inherent problems are:

    1. Impermanent loss (IL)
    2. Capital efficiency
    3. Slippage
    4. Gas costs
    5. Speed
    6. Multi-token exposure
    7. Front-running
    8. Back-running

    The most important risk is IL, which is quantified by the difference in portfolio value over time between providing liquidity to the DEX poolversusbuying and holding the underlying tokens.

    IL = token in DEX — hodl token

    It happens because AMM prices do not automatically adjust. When prices across the market change, arbitrageurs enter and profit at the expense of liquidity providers. So, the actual profit of LP in AMM pools is the balance between the accumulated fees from the trades and the impermanent loss caused by the arbitrage. During implementation, AMMs encountered capital inefficiencies, poor liquidity used, and exposure to multiple tokens. Since AMM allocates capital equally across the price range (0; +∞), only funds allocated close to the market price are effectively utilised with a significant portion of the funds available only when the valuation curve begins to fall and the head turns exponentially.As a result, AMMs require greater amounts of liquidity to accommodate the slippage on traditional order-to-order exchanges. Furthermore, AMM often requires the LP to deposit two or more tokens to provide liquidity, forcing exposure to additional assets.AMM is often referred to as "lazy liquidity" because of the uncontrollable price point offered to traders, unlike traditional market makers. TLDR:In terms of the DEX market, protocols are increasingly developing new functions for more efficient use of funds. Examples are Bancor V2, Uniswap V3 and DODO, which we have discussed.As for DODO, this protocol has provided a new solution with the ability to adapt to market fluctuations. However, with large fluctuations, the model is still likely to encounter the problems discussed.DeFi continues to be a place to test innovations, and today we are still making changes to make the financial system better. However, not all initiatives are successful and we need more time to do more experiments.

    submitted by /u/economicsdesign
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