/biz/ - Business & Finance

some links to read up on:
WEBSITE: opendao .io
MEDIUM: medium .com/opendao
DEXTOOLS: dextools .io /app/uniswap/pair-explorer/0x1ddf85abdf165d2360b31d9603b487e0275e3928
TELEGRAM: t. me/opendao
RECENT PUBLISH0X ARTICLE: publish0x . com/crypto-thoughts/uma-protocols-perpetual-contracts-whats-next-for-opendao-xjmqmev?a=nXe0rZVbxr&tid=me

this is going to at least 50x over the next 6 months or so

100 is fud long term

I'm eating these ridiculous gas fees to swap into this as early as possible.
Just like every other solid project biz will ignore until it's far too late

>>28813978
would be great to see it happen. considering how fast this is moving, parabolic growth is in the cards for sure. as they roll out new stablecoins, partnerships - and of course, exchange listings, we'll be happy we got in this early.
>>28814196
nice anon. you picked a good time during this dip from the weekend's ATH.
>just like every other solid project biz will ignore until it's far too late
I definitely agree. creating this thread is a selfless decision on my part. Though I'm sure a lotta oldfags around here (from 2017 - before) are watching this one.

2500 stacklet here. wish i had more

>>28814815
was here for 2017 bullrun.

this current price for this project is absolutely fucking criminal.

if this project came out in 2017 it would be pushed to 1 billion marketcap + in a matter of months

>>28814815
Yup this is a no brainer.
If you understood the fundamentals of why LINK was going to be huge and not just bought in on the memes you are buying into OPEN

>>28814921
I only have 1000

>>28815755
opendao and unn are this runs NEO and LINK

opendao - neo
unn - link

all you need to make it is accumulate as much you can of both these coins and hold.

>>28815958
read some fud about how the unn dev was top scammer. opendao is legit though, my high iq blockchain dev friends are all in

>>28816050
scams don't partner with avax

but yeah the fusion stuff.

the fud will pump it even harder.

>>28816116
funnily enough, i don't actually see anything confirming an official partnership with avax is the thing. the avax devs literally don't even follow unn's twitter page.

>>28816187
theyve hosted multiple ama's together and UNN will be providing insurance to them.

UNN is a no brainer, they're backed by Alameda research. SBF alameda is literally the next CZ and owns FTX and blockfolio.

They're positioned to win.

>ETH

>>28816267
interesting. i was considering going all in on api3 and opendao. unn has been on my mind for the past couple of days though

>>28816373
follow the money. look at alameda research's portfolio and look into who SBF alameda is.

the product that UNN is offering is unparalleled in the space. don't make the mistake of missing it. the constant threads on 4chan aren't for nothing. It is a 1billion + marketcap project in the making.

>>28816373
i havent don't too much research on api3 but given the market cap of both I like UNN more. UNN also only just broke out of like a 3 months long consolidation, yet to really go on its facemelting run.

>>28815958
what's a good % split on these two?

>>28815072
same anon. we watched many projects with little purpose balloon in a matter of months.
this here is a gem. it's not often I do this much research into a project before getting dissuaded by potential red flags. open dao's team is active and transparent, keeping us early investors in the know.
>>28815755
yup, I fully agree. though I hope some of the info posted can help those with low understanding grasp the fundamentals a bit better.

>>28816614
im 50/50
500k UNN
10k OPEN

>>28816720
didn't know we had so many memes already. appreciate the bumps. such positivity amongst us OPENgangers
look at this chad

>>28816614
have some other bags also. But these are my long term ones. Considering holding digicol long term as well depending on how the platform shapes up to be. they have the marketers from pokemon go on the team and are well connected in asia.

asia+nft seems like a no brainer

other than that i have a trading stack for lower cap coins. but UNN and OPEN really are the gems.

too many memes. this is not organic. just sold my stack

>>28816636
>>28816701
ngl, i've been on my bitcoin maxi shit these past couple of years, so i tuned out all the uniswap eth shit going on. are you guys just taking those crazy fees to get these coins?

>>28816823
if you were here for RSR or Link you would know that memes = huge growth.

this isn't rubic or asko. have some ability to judge funadamentals here.

4chan memes on a good project have always correlated in humongous runs.

I tossed a couple hundred at this thing at $1.8 with no recerch when I was drunk. Looking at it now I wish Invested more. What would you swap for this coin? I know it's cringe but what are your price predictions?

>>28816875
yeah. i deal with the crazy fees. looked it up today and i spent 4k on gas this past month. so im chilling out and making less trades.

you can also buy OPEN on BSC though, if you go to their website they have a link to pancakeswap or whatever the BSC uniswap equivalent is

>>28813164
Get it on the L2 then like REN and UMA

>>28813164
i got a nice make it stack in OPEN

lfg

Looking forward to tokenized TSLA stock lmao.

>>28816875
I did. I've refrained from swapping as much as possible but OpenDAO is not something I can willfully pass up
That would be beyond idiotic

>>28816875
yeah. it cost me about 50 dollars getting into OPEN. depends on how much ETH network activity is going on in terms of fees. if you are looking for another way, Bilaxy (chinese exchange I think) also has it listed

>>28816966
consolidate everyting but ETH into open imho if you're long.

You can sell gains on the way up and use that capital for other projects, but the fundamentals of OPEN among the projects you're invested in are unparalleled.

I personally think asko and plt are /biz/ driven shitcoins. I like FMTA but its a gamble on if they can pull it off. FMTA definitely has 10x potential and then some though.

Still, the safer bet is OPEN.

diversification is kind of a meme imo. makes it so you don't have to think as much. with the amount of capital you're playing with I suggest consolidating into one thing and selling some of your stack at a higher price so you maximize your gains.

got back into crypto this january, grew my portfolio from 3.5k to 65k in 5 weeks if that gives me any me any merit here.

used to day/swing trade during the bear market.

I have a trading stack still but long term OPEN and UNN are investments for me. if they pull what they are trying to do off, both are 100x potential. if they fail, they'll be like a 20-30x from these levels. good risk and reward.

Legit good project, don't miss this /biz/.

>>28817216
Does bilaxy accept burgers?

>>28817211
the way I see it, fees and uniswap weirdness are the cost for being early.

better to get in now than much later when other folks who were deterred by fees and uniswap can fomo in.

>>28817459
I think so, maybe another anon can confirm. though if you do buy it there, make sure to transfer it back to a secure wallet right away.

>>28817459
I believe they do

>>28816991
wouldn't that open just be on binance smart chain though? as far as i know, the only way eth and bsc communicate is through wrapped tokens. i guess i'm trying to figure out if my gains would translate by holding this on bsc

>>28817330
I got lucky and turned a $1300 asko investment into this profolio, the asko stack was just my moon bag (that I wish I sold). I'm not going to transfer anything right now because it's all in the red and will bounce back a bit. When things are looking up I think I'll put 80% in open and 20% in shitcoins. How did you multiply your stack like that?

>>28817684
many defi projects are chain agnostic anon, they can be on both. your gains will translate, although uniswap has more liquidity

>>28817761
I was pretty savage about trading and taking profits earlier on. But I knew when to hold also. Got into rook at 177 which was a big one. But I knew I had to risk big to get the capital I needed to really make some money.

knowing how to read charts helped me. I looked for lowcaps with catalysts and would put 5k into sub 1mil market caps and sell for a 2x-3x and never look back.

hitting 1 or 2 of these really helped me. but overall it was reading charts and not getting married. taking profits at 50%-3x and funneling capital into anywhere else until I felt like I could get the allocations I wanted into the blue chips I was eyeing (UNN and OPEN).

But learning to sell, derisking, and buying low or at support was essential. I was trading a lot earlier on. But now I'm pretty parked in the coins I own at the moment and am pretty comfy.

Market is probably going to get more insane. Maybe we have a correction. But at this point I'm comfortable sitting on UNN and OPEN (maybe DGCL too) and coming back in several months or a year + to see how they've done.

>>28817761
also, always buy on dips or retests of breakouts.

buy despair/fear , sell euphoria/hope

>>28818198
Thanks annon that's some good advice. Where were you finding decent low cap projects? Its tough sorting through the shit on biz

>>28817761
generally speaking, you have to either take some pretty fat risks or buy in early on a project with solid FA and hype catalysts coming and sit on your hands for a while.

>>28817761
I haven't made gains like the anon above, but that seems to be how most ppl make money here

>>28818491
/biz/ - but only sometimes. the posts that get the least amount of engagement here are almost always the most bullish.

highly recommend twitter as well. there are a lot of accounts worth following. just follow the right people and always be researching.

telegram is decent too. sometimes there are good signals or people posting about projects yet to be discovered. that's how i found out about OPEN, actually.

make sure you look at the chart before buying, always.

>>28816785
Give it a rest, Sean

This will run hard very soon. You are here early anon

>>28817330
Based, I am slightly more diversified by the sounds of it but my 3 biggest bags are IOTA, OPEN and UNN.

>>28819959
yeah. OPEN / UNN / DGCL here

would like to stack some more eth also so I'm gonna try and do that.

otherwise very comfy.

>>28818198
>I was pretty savage about trading and taking profits
I feel way too skittish to take profits at the top and hope for the price to fall back down so I can buy in again

>>28813164
flash loan resistance is retarded, that's for contracts to decide, not a currency.

>>28820609
we aren't going back down from here unless BTC takes a huge and absolutely massive shit. imo.

>>28820888

Wow seems like OPEN is finally picking up steam here.

I thought just us 3 or 4 anons that acknowledge the OpenDAO threads regularly we're going to make it.

>>28821417
we are going to make it

>>28821593

>>28821932
No KYC/AML investment in real estate and stocks is a new paradigm if they pull it off. Technically this is possible with their technology

this should be as big, if not bigger than AAVE when they get rolling.

>>28822098
you're posting all the alpha

real ones know ;)

>>28822098
>>28822004
>>28821932
>>28821800
>>28821692
>>28821593
definitely bullish. wouldn't be surprised if some of these partnerships are announced this week.

>>28816614
I'm 50/50. If one moons first I'll move some profits into the other.

Price targets?

>>28813164
explain to me why I would need fucking stablecoins from my xyz token?
A CBDC will come sooner or later anyway.

>>28822802
so you can retain your token holdings while borrowing against them to invest further or yield farm.

imagine holding something you know is going to go up and borrowing against it to invest in other stuff you think is going to go up or using it to farm passive income.

not that hard to see why you would want to do this

What's the suicide? 1000?

>>28823205
1000 is a good stack i think. if they pull of what they are trying to do this could be 100+

>>28822890
Okay, that makes sense. So what is the reason I should do it with OpenDao instead of AAVE for example?
Won't I have any risk of losing my collateral if it dumps? And are lending fees eliminated as well?
Would be nice to know, so I might actually read into it

>>28823787
OP here. can't answer your question, but I'm sure you could get some answers from their telegram.