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25047190 No.25047190 [Reply] [Original]

What are your thoughts on Bitcoin pump & dump cycles? Please share your knowledge about important signals that indicate either a pump or a dump on a major scale.

>> No.25047207

>>25047190
yes. sell 18 mos post halving. buy back 3 mos after that.

>> No.25047273

>>25047207
Is this a strategy that would always have worked in the past?

>> No.25047298

Just do liquidity providing on uniswap and you don't need to time the cycles. Also, you'll rake in all the fees of retards who try to time it.

>> No.25047338
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25047338

>>25047298
That's clearly off-topic but which are the five best trading pairs to do that (except Tether - Anything)?

>> No.25047386

>>25047338
You need to do it on a pair where you are kind of bullish on both. I do ETH-USDC because I don't believe in BTC's future and also I believe that USDC is not going to lose its peg. Generally, the pairs of ETH with a stablecoin have pretty high volumes which is good for you as a liquidity provider.

>> No.25047463

>>25047386
>>25047298
What kind of APY are you getting as a liq. provider on uniswap on stablecoins? Don't you get utterly wrecked by impernant loss during dumps?

>> No.25047504

the price is sigmoidal not a power law.
the upper asymptote is 100% adoption which for btc is 144mb/day which was reached in 2017

>> No.25047520

>>25047463
I've been in this game for a too short amount of time to experience a serious dump. Don't fall for the impermanent loss meme, take a look at this calculator:
https://baller.netlify.app/

If you put in -50% (so a pretty significant dump), the impermanent loss is 5.72%. My reasoning is that in times of such huge dumps, the trading volume will also explode when people panic sell. So I guess the increase in fees you rake in will kind of make up for the small impermanent loss.

>> No.25047538

>>25047463
>>25047520
Also, APY is about 40% from fees.