Hi guys, wanted to ask what everyone is using as interest account these days? Was thinking of blockfi but recently discovered hodlnaut n it seemed better yield.

I usually like to look at the coin360 screen because i like the way their info layout is. But today cannot la, whole screen red, so depressing. Not even pink but bright threatening red 😅

This post has been edited by pleasuresaurus: Jun 26 2021, 12:36 PM

Yep. Charts is for looking at individual crosses, sure, but 360 is like coinmarketcap viewed in a nice visual representation. Only, now its all red, not so nice.

What would then be the alternative for a safe n reliable stable coin? DAI? USDC?

Hahaha seems like I'm not the only one not done shopping yet 🤣

Wasn't it Kiyosaki recently said he was expecting to start buying again at an impending pullback to 24k or sumthing?

This post has been edited by pleasuresaurus: Jun 29 2021, 10:23 PM

Anyone ever tried using HodlHodl for storing/lending coins for interest yield? The premise seems interesting - non-custodial P2P lending with reasonably high yield rates.

Monitor btcusdshorts chart, might indicate dip

Pic also dia ripoff, jgn duit also ripoff🤔

There is merit in relevant data to view the move of the market players n big boys - they r the whales shaking the markets anyway.

It doesn't help that most indicators in the whole plethora of TA arsenal is lagging indicators. I confess I'm not cekap at this and am always open to learning. But imho one particular price movement indicator that i think has been interesting for me so far is the btcusd shorts chart. Most times when I see a build up, there's always something up.

Take this with a grain of salt and as always, do ur own research. I must qualify that I haven't done considerable back testing to validate this, its just from observation.

So this is a btcusd short chart from bitfinex describing margined shorts position on the exchange. There also exists on the other end of the spectrum a btcusd long chart which is, as u may have guessed, a margin long chart. The shorts chart spikes seemed to coincide with downward price movements of btc, and positions close once this drop bottoms out.

What this chart doesn't tell us is what the accumulation for non-margin positions are. Also not indicated is whether the accumulation is by 1 acct or more - it may very well be 1 entity building up the position. It also doesn't tell us whether an impending drop is legit or a potential short squeeze. What it does tell us is there's a heck of a lot of bitcoins primed to move.

I look at the build up as a signal for me to pay closer attention to price and support/resistance levels. I'm not a day trader and am only interested in entering the market at an attractive price level and holding for the the long term. So I take this chart as the indicator for me to put down my ps4/guitar/book n start paying a bit more attention 🤣.

Folks, a question: what do u think is the significance of the upcoming Grayscale Trust unlock? Would btc dip below the 30k mark? We are already seeing a slow decline now and a build up of short positions.

Its a good thing though isn't, more institutional hands coming into the market and bring steady/stability/predictability with them?

Weren't u selling headphones aa last time? Ur nick very familiar, may have purchased some mylar bijoux from u b4

Wah, its so lively again! 🤣

If u really intend to switch exchanges, there are plenty of others out there u could try n checkout - Luno, Kucoin, Coinbase, Kraken, Coinomi...I'm not sure if its possible, n its worth checking, but there's also Binance.Sg that's already gone thru the regulatory rigamarole there albeit they have fewer coin pairs.

Or, why not just use Binance for now but keep ur coins off exchange (in a yield account or a staking pool or a cold wallet?)

Just staying with luno atm

What if they actually lock out MY registered account instead of just blocking MY log ins though?

They as in binance, not SEC. I dunno thats why i ask la

Yeah man, this one sakit a bit la, locked staking. If redeem kena potong. But if dun redeem risk losing even more haihhh

How is ur experience with Kucoin so far? I was reading up on them n came up with some unfavorable claims of scams and what not, got me concerned about whether to get ahead with it (not to say that any exchange is completely secure and fair la kan?). Genuinely curious as I would have thought that the next best place to go was Huobi.

This post has been edited by pleasuresaurus: Jul 31 2021, 01:35 AM