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/biz/ - Business & Finance

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52707571 No.52707571 [Reply] [Original]

Bought at $0.18 and now I have fully exited my position. Made 350keks. I'm rooting for you guys now, you can keep pumping it even without me. I may buy again if given juicy dump. GL.

>> No.52707595

>>52707571
good job
what you did is what everyone should do during bear markets
you buy the bottom and sell 20-40% rips
rinse and repeat for 1 year

>> No.52707602

FTM will probably be back to 0.18 within a few months
maybe a few weeks

>> No.52707766

nice trade, i think the deadcat has a bit more left. 3d chart looks really bullish, but due for a pullback on the intraday timeframe

>> No.52707975

Lads, thinking about depositing my FTM into Yearn and using the yvWFTM as collateral on MIM to farm stables somewhere. Is this a stupid idea? It seems pretty safe from the initial research ive done, im just worried I may be missing something.

Also, assuming Fantom continues to increase in price, how would this impact my LTV ratio? Would I essentially have to pay off less or something.

Any one got any resources they could reccomend where I could get a better understanding of this??

>> No.52708149

Ftm will be 1000 dollars u idiots

>> No.52708230

>>52707975
>Is this a stupid idea?
Well you can get liquidated if the price drops too much and obviously something can always happen to spell/mim, Yearn and "x" where you farm.
Price increases = You can borrow more if you want (lol). I'm too lazy to check but I doubt you pay less if the price goes up (market decides the rates). You will just have more breathing room.

I'm sure there is ton of material to read about this. There may be something on Youtube too.

Just a tip for you: getting liquidated sucks. Maybe it is a good idea that you start with a very small amount before borrowing against your whole stack. That way you would also learn how it all works.

>> No.52709026
File: 697 KB, 1368x911, over.png [View same] [iqdb] [saucenao] [google]
52709026

>>52707571
Fuck you. I just bought.

>> No.52709685

>>52707571
Post short.

>> No.52710746

>>52708149
Huh?

>> No.52711370

>>52707571
>>52707595
>>52707602
Remember
These are the same people that scream “BOTTOM!!!” when everyone and the chart says TOP