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On July 08 2021 23:46 BrTarolg wrote:
Hi, i basically trade for a living right now. Everything i do is in crypto, specifically defi
Most of the money i make is different forms of arbitrage. Not unreasonable to outperform BTC by hundreds of % doing this kind of stuff depending on your portfolio size
In terms of a crypto portfolio, i am 90% buy and hold ETH+BTC exposure, and the other 10% is just random gambling
Have some background in futures prop trading from old days
Happy to talk random stuff about it here
Curious about arbitrage, do you do simple arbitrage by having cash+crypto on different exchanges or you do it on Dexes with smart contracts?
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On July 10 2021 02:16 BrTarolg wrote:Show nested quote +On July 09 2021 20:26 goody153 wrote:On July 08 2021 23:46 BrTarolg wrote:
Hi, i basically trade for a living right now. Everything i do is in crypto, specifically defi
Most of the money i make is different forms of arbitrage. Not unreasonable to outperform BTC by hundreds of % doing this kind of stuff depending on your portfolio size
In terms of a crypto portfolio, i am 90% buy and hold ETH+BTC exposure, and the other 10% is just random gambling
Have some background in futures prop trading from old days
Happy to talk random stuff about it here Which coins do you recommend hodling ? mostly on the alt coins in terms of alt coins? none of them
Not even BAT? and why? I think BAT is a serious coin contender.
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On July 10 2021 03:12 FreakyDroid wrote:Show nested quote +On July 08 2021 23:46 BrTarolg wrote:
Hi, i basically trade for a living right now. Everything i do is in crypto, specifically defi
Most of the money i make is different forms of arbitrage. Not unreasonable to outperform BTC by hundreds of % doing this kind of stuff depending on your portfolio size
In terms of a crypto portfolio, i am 90% buy and hold ETH+BTC exposure, and the other 10% is just random gambling
Have some background in futures prop trading from old days
Happy to talk random stuff about it here Curious about arbitrage, do you do simple arbitrage by having cash+crypto on different exchanges or you do it on Dexes with smart contracts?
yes and yes
mostly dexes though, though i am aware of the CEX arbitrages they are mostly dominated by alameda etc.
Still there were a lot of tradfi people just doing the good ol buy spot sell future or sell spot buy future play and cashing in on the funding, and afaik this still works - also just arbitraging funding differences across exchanges is pretty common still
most of my arbitrage comes from utilising more obscure protocols and waiting for singularly good opportunities that rarely appear (specifically ones which bots/MEV searchers don't easily find) and pouncing with big size in the short window
edit: yes, including BAT. I think most shitcoins tend to zero
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On July 09 2021 03:52 ShoCkeyy wrote:Show nested quote +On July 09 2021 03:40 BlackJack wrote:On July 09 2021 00:49 {CC}StealthBlue wrote:
Red number day for stocks yet thanks to $DPLS I'm in the green still lol Lol nice. Did u buy it after I mentioned it yesterday or did u have some already? I just bought cause it doesn't seem to want to dip in this market :D
I've been sweating his bet from the beginning and now I'm regretting not buying some lol. He's had gains of $15,000 almost every day for a week now. Happy for my friend. Hopefully he doesn't fuck up the exit
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On July 10 2021 05:27 BrTarolg wrote:Show nested quote +On July 10 2021 03:12 FreakyDroid wrote:On July 08 2021 23:46 BrTarolg wrote:
Hi, i basically trade for a living right now. Everything i do is in crypto, specifically defi
Most of the money i make is different forms of arbitrage. Not unreasonable to outperform BTC by hundreds of % doing this kind of stuff depending on your portfolio size
In terms of a crypto portfolio, i am 90% buy and hold ETH+BTC exposure, and the other 10% is just random gambling
Have some background in futures prop trading from old days
Happy to talk random stuff about it here Curious about arbitrage, do you do simple arbitrage by having cash+crypto on different exchanges or you do it on Dexes with smart contracts? yes and yes mostly dexes though, though i am aware of the CEX arbitrages they are mostly dominated by alameda etc. Still there were a lot of tradfi people just doing the good ol buy spot sell future or sell spot buy future play and cashing in on the funding, and afaik this still works - also just arbitraging funding differences across exchanges is pretty common still most of my arbitrage comes from utilising more obscure protocols and waiting for singularly good opportunities that rarely appear (specifically ones which bots/MEV searchers don't easily find) and pouncing with big size in the short window edit: yes, including BAT. I think most shitcoins tend to zero
As a marketer myself, most marketers use the Brave browser. It’s only time more and more people start using brave as a way to make some kind of money off their viewing habits, causing more advertisers to pump money into BAT. If BAT can take at least 1-2% of marketing budgets, that’s a huge win for anyone holding bat at the moment.
According to Brave, they have 25 million active monthly users. I think that number will only continue to grow as more people want privacy. And I think the guy that basically built JavaScript, the number one proponent to data collection on the web knows a thing or two on how to monopolize on it in regards to privacy.
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Sure, i just have different investing thesis that's all, i stick to domains where i know i have an edge.
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How do you guys long term invest in a company with 0 revenue for years and which went from 19cents to 0.001?($DPLS) Isn't this just akin to playing roulette? I'm genuinely curious as to what kind of DD is done to determine this is a good investment.
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On July 10 2021 12:02 cha0 wrote:
How do you guys long term invest in a company with 0 revenue for years and which went from 19cents to 0.001?($DPLS) Isn't this just akin to playing roulette? I'm genuinely curious as to what kind of DD is done to determine this is a good investment.
This is exactly why I didn't invest. No revenue and I don't even understand what they are trying to do. It's all vague speak about new technology involving "sensors" or "drones" or whatever else. It sounds exactly like the pitch by Leonardo Dicaprio in Wolf of Wall Street
+ Show Spoiler +
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DPLS certainly seems like it could be a Pump and Dump scheme. Wouldn't take that much money to move the market above $0.001 mark it was trading at in January. Then that person anonymously points out that DPLS has risen X% in the last Y days. Other people get excited, buy in and spread the word further. Original person quietly dumps the stock for a nice profit. Everyone is left holding a basically worthless stock.
Company had a market cap of around 5 million in January and now it's 821 million. What exactly have they done to warrant that growth?
If you don't mind playing the bubble game, get in early and get out when it jumps up and let someone else take the fall, but that's not a game for me.
@CCstealthblue Not allowing you to buy "at market" is in your own best interest on these penny stocks. Most of them have almost empty books. So if you try to buy at market, even for a reasonably small amount, you'll rip through the book and end up way overpaying anything resembling a fair price. You'd take a huge % loss the instant you buy. Much better to put out a limit order near the market price and let traders fill that order over time.
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On July 10 2021 05:27 BrTarolg wrote:
yes and yes
mostly dexes though, though i am aware of the CEX arbitrages they are mostly dominated by alameda etc.
Still there were a lot of tradfi people just doing the good ol buy spot sell future or sell spot buy future play and cashing in on the funding, and afaik this still works - also just arbitraging funding differences across exchanges is pretty common still
most of my arbitrage comes from utilising more obscure protocols and waiting for singularly good opportunities that rarely appear (specifically ones which bots/MEV searchers don't easily find) and pouncing with big size in the short window
edit: yes, including BAT. I think most shitcoins tend to zero
Cool stuff. Im not experienced at all with arbitrage, I generally understand how it works, but never done it myself. Could you point me to any web resources on how to do arbitrage via smart contracts (im guessing you're doing it by utilizing flash loans?) I've seen some, but they seem kinda shady and Im not sure if I can trust those methods.
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On July 10 2021 22:17 FreakyDroid wrote:Show nested quote +On July 10 2021 05:27 BrTarolg wrote:
yes and yes
mostly dexes though, though i am aware of the CEX arbitrages they are mostly dominated by alameda etc.
Still there were a lot of tradfi people just doing the good ol buy spot sell future or sell spot buy future play and cashing in on the funding, and afaik this still works - also just arbitraging funding differences across exchanges is pretty common still
most of my arbitrage comes from utilising more obscure protocols and waiting for singularly good opportunities that rarely appear (specifically ones which bots/MEV searchers don't easily find) and pouncing with big size in the short window
edit: yes, including BAT. I think most shitcoins tend to zero Cool stuff. Im not experienced at all with arbitrage, I generally understand how it works, but never done it myself. Could you point me to any web resources on how to do arbitrage via smart contracts (im guessing you're doing it by utilizing flash loans?) I've seen some, but they seem kinda shady and Im not sure if I can trust those methods.
Nah i don't do flash loans, i'm not a coder. If you want to do serious arb like that, then you'll need to learn how to run your own nodes, learn how to make your own smart contracts (most arb of that style i know involves executing through custom contracts) ;and a whole bunch of other stuff
The entire space itself is pretty much a DYOR teach yourself everything space, there are no guides to anything out there and it's just the wild west.
The kind i do specifically are ones which bots miss, or i take on short term risk (minutes to hours) which a bot would not be willing to take.
As an example, there are some spreads in an illiquid coin on a dex which a whale might randomly push one way by 20% in a single trade - taking a small risk and immediately selling/buying the other side and waiting for the reversion to mean and taking profit over the next few hours, things like this can happen all the time depending on market conditions
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On July 10 2021 17:10 BlackJack wrote:Show nested quote +On July 10 2021 12:02 cha0 wrote:
How do you guys long term invest in a company with 0 revenue for years and which went from 19cents to 0.001?($DPLS) Isn't this just akin to playing roulette? I'm genuinely curious as to what kind of DD is done to determine this is a good investment. This is exactly why I didn't invest. No revenue and I don't even understand what they are trying to do. It's all vague speak about new technology involving "sensors" or "drones" or whatever else. It sounds exactly like the pitch by Leonardo Dicaprio in Wolf of Wall Street + Show Spoiler +https://www.youtube.com/watch?v=Q0sfpJir8BU
A little DD shows that the CEO and the team themselves have years of experience in the space. What DarkPulse describes to do is take fiber optics and detect things prior to them happening, some use cases they suggest are human detection near the border, pressure build up in pipelines or things that require pressure visibility. They suggest they'll be able to determine ahead of time thanks to fiber/hardware and patents certain actions prior to them happening. DarkPulse expects to make revenue for Q3 2021, which is why they recently got a huge pump.
Here's what the CEO's linkedin profile states about the company:
DarkPulse is a global technology provider for critical infrastructure/ key resources including oil & gas, infrastructure, physical security. Our system is able to detect structural changes before catastrophic failure. Our business plans include the use of DarkPulse technology as the foundational tech for smart cities.
DarkPulse manufactures , sells, installs, services and monitors systems, including hardware and software that detects changes in the structural health of infrastructure. Our security solutions offer 24/7 monitoring of perimeters and detection of tunneling along national borders.
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Oo I’m taking notes. I love it when this thread is active.
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On July 11 2021 10:53 ShoCkeyy wrote:Show nested quote +On July 10 2021 17:10 BlackJack wrote:On July 10 2021 12:02 cha0 wrote:
How do you guys long term invest in a company with 0 revenue for years and which went from 19cents to 0.001?($DPLS) Isn't this just akin to playing roulette? I'm genuinely curious as to what kind of DD is done to determine this is a good investment. This is exactly why I didn't invest. No revenue and I don't even understand what they are trying to do. It's all vague speak about new technology involving "sensors" or "drones" or whatever else. It sounds exactly like the pitch by Leonardo Dicaprio in Wolf of Wall Street + Show Spoiler +https://www.youtube.com/watch?v=Q0sfpJir8BU A little DD shows that the CEO and the team themselves have years of experience in the space. What DarkPulse describes to do is take fiber optics and detect things prior to them happening, some use cases they suggest are human detection near the border, pressure build up in pipelines or things that require pressure visibility. They suggest they'll be able to determine ahead of time thanks to fiber/hardware and patents certain actions prior to them happening. DarkPulse expects to make revenue for Q3 2021, which is why they recently got a huge pump. Here's what the CEO's linkedin profile states about the company: Show nested quote +DarkPulse is a global technology provider for critical infrastructure/ key resources including oil & gas, infrastructure, physical security. Our system is able to detect structural changes before catastrophic failure. Our business plans include the use of DarkPulse technology as the foundational tech for smart cities.
DarkPulse manufactures , sells, installs, services and monitors systems, including hardware and software that detects changes in the structural health of infrastructure. Our security solutions offer 24/7 monitoring of perimeters and detection of tunneling along national borders.
What do you think has recently changed with this company (it's been around 30 years - founded in 1989) that is giving them this expected revenue. You mention the CEO has years of experience in the space... well yea he's been running this company for 30 years and it still has no revenue. I'm really not seeing what the major catalyst here is.
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Not an investment advisor. *wink*
Make sure your investment is as simple, as care-free, and as liquid as it can be.
The more trade you do, the most likely you are making a mistake.
My strategy is to make it so that you are always capturing growth without over-concerned about market cycles, so my focus is in portfolio management.
1. Cash (enough for X months livelihood, under a no income situation)
2. Stablecoin in a high interest account with no lock up (most preferably with daily payout and a card program)*
3. Low volatility dividend paying stocks (such as WM/O)
4. High growth stocks (Or VOO/QQQ ETFs)
5. Crypto in high interest account, and/or in staking
The % differs per person, but this way you are extremely liquid and have a decent exposure to growth.
*Stablecoin is essentially crypto that is pegged to a fiat currency (mostly USD), you can find 7-10% APY pretty easily in different platform.
with a 10% APY, it would mean 46% increase in your principle capital in 4 years.
Crypto is inheritably volatile, so make sure you are also earning those interest through yield/staking to sit through cycles.
What I use for crypto platform:
+ Show Spoiler +For crypto, I am having most of my fund in Yield.App, they are doing yield strategy through Defi (in-kind investment in liquidity pool, so no default risk, no "exchange rate risk"), they also have an insurance pool.
Essentially their APY at highest tier is 10% stablecoin + 10% equal value in their token, YLD, and also 10% APY on the YLD held.
But even at Tier 1, you get 10% stablecoin + 2% equal value in YLD and 2% on YLD held
For staking I am using Binance but looking to move to Celsius soon
it is OK not to capture all the growth, to miss out on some stocks.
The market in general always goes up in the long run because business always seek to find more opportunities, as humans inherently want more and better stuff.
This is why sitting through cycles is the most important of it all, and that your picks should be able to last that long.
The only time you should be selling is if the fundamentals have changed. This is why I would recommend crypto skeptics to at least consider having some exposure to the space.
Crypto cannot be censored, it is going to get adopted in countries with weak fiat, it is more efficient than traditional finance, it can be upgraded and is decentralized.
The rise in Crypto is inevitable, regulations, pollutions and even crackdowns are really not even close in changing the fundamentals.
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On July 12 2021 09:36 cha0 wrote:Show nested quote +On July 11 2021 10:53 ShoCkeyy wrote:On July 10 2021 17:10 BlackJack wrote:On July 10 2021 12:02 cha0 wrote:
How do you guys long term invest in a company with 0 revenue for years and which went from 19cents to 0.001?($DPLS) Isn't this just akin to playing roulette? I'm genuinely curious as to what kind of DD is done to determine this is a good investment. This is exactly why I didn't invest. No revenue and I don't even understand what they are trying to do. It's all vague speak about new technology involving "sensors" or "drones" or whatever else. It sounds exactly like the pitch by Leonardo Dicaprio in Wolf of Wall Street + Show Spoiler +https://www.youtube.com/watch?v=Q0sfpJir8BU A little DD shows that the CEO and the team themselves have years of experience in the space. What DarkPulse describes to do is take fiber optics and detect things prior to them happening, some use cases they suggest are human detection near the border, pressure build up in pipelines or things that require pressure visibility. They suggest they'll be able to determine ahead of time thanks to fiber/hardware and patents certain actions prior to them happening. DarkPulse expects to make revenue for Q3 2021, which is why they recently got a huge pump. Here's what the CEO's linkedin profile states about the company: DarkPulse is a global technology provider for critical infrastructure/ key resources including oil & gas, infrastructure, physical security. Our system is able to detect structural changes before catastrophic failure. Our business plans include the use of DarkPulse technology as the foundational tech for smart cities.
DarkPulse manufactures , sells, installs, services and monitors systems, including hardware and software that detects changes in the structural health of infrastructure. Our security solutions offer 24/7 monitoring of perimeters and detection of tunneling along national borders. What do you think has recently changed with this company (it's been around 30 years - founded in 1989) that is giving them this expected revenue. You mention the CEO has years of experience in the space... well yea he's been running this company for 30 years and it still has no revenue. I'm really not seeing what the major catalyst here is.
The CEO has owned other companies outside of DarkPulse prior. He helped build infrastructure in the Asian pacific islands, so not just experience from running DarkPulse. And as far as I’m aware the tech they have wasn’t there before. Now it is. They have the patents and the hardware that can boast revenue.
Either way, I bought, and I mentioned penny stocks are risks, but so far I’m already up $20 from just throwing $100 in last week.
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Speaking of DPLS, it's going back up, think someone cashed in a large portion because it took a a momentary nosedive about 2 hours ago.
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I made moves in SPCE and TBLT today. Ate it in the red but Im feeling bullish with both. Only issue was that I used majority of my liquid/pump&dump funds on both of these and I fear Ill be holding them longer than I expect to.
Im already FOMOing on XELA. Good for the guys who stayed in, I had to sell when I was seeing 40% returns last week (bought at 2.3)
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Well this set the trend for today I think.
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My understanding of inflation is that flat income earners will experience less purchasing power over time. Scary shit to consider since minimum wage barely moves (varies state to state) and most businesses forego cost-of-living raises—especially due to the recent economic climate (COVID) . I don’t like to speak doom or fear often but this is scary as fuck.
Maybe I’m overreacting.
Edit: Not really trade/investing related as it digresses the train of topic a bit. apologies >_<
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EPT
