goodbye fiat

inflation @ 4-decade high

https://www.coindesk.com/markets/2021/12/10/us-inflation-rate-surges-to-68-in-november-a-4-decade-high-bitcoin-jumps/

also,

btc did a scam pump likely due to the inflation news

unsustainable

anything in between 54k and 44k is the chop zone so becareful out there

i'll be observing and waiting for my areas of interest @ 54k or 44k

not saying I entered crypto in 2013 or anything but damn the thumbnails really do annoy me

https://twitter.com/lowstrife/status/1469174973411508226?s=20

recently did some research on Aave

figured why not share it with you guys as well

might've missed out things here and there as well but I guess it'll be a nice intro to Aave

cheers!

FOMC meeting 14 dec - 15 dec

volatility will be wild

will be observing until the meeting to understand how the market is reacting to whatever that is gonna be mentioned

take care if you're trading!

https://www.federalreserve.gov/newsevents/calendar.htm

interesting

hoping for decoupling of crypto from equities but i wonder if it'll happen this cycle

i believe it's a question of when?

Binance SG pulling out of Singapore

take note of this

deadline: 13 Feb 2022

https://www.channelnewsasia.com/business/binance-sg-singapore-close-withdraw-mas-application-2375571

good thread for new traders

point 12* (v important)

also, health and mental state matters

remember to take time off trading and spend it outside the charts w your loved ones

https://twitter.com/CryptoShadowOff/status/1362004450773262346?s=20

pretty good coverage on hash rate and what it means

good to understand with hash rate hitting ath

https://www.sofi.com/learn/content/bitcoin-hash-rate/

chart:
https://www.blockchain.com/charts/hash-rate

#learn #reads #newbie

interesting

https://zycrypto.com/bitcoin-is-in-a-consolidating-bull-market-only-a-question-of-time-until-100k-bloomberg-intelligence/

market is slowly pricing in their expectations of the meeting

it's expected to be bearish given biden calling the peak of inflation along with accelerated tapering plans

let's see what we'll get !

rates unchanged -> not as bearish as expected, market bounced

pace of tapering doubles in effort to accelerate

3 possible i/r hikes next year in 2022

aye

https://coingape.com/terras-luna-hits-new-time-high-81-flips-binance-smart-chain-defi-tvl/

for the LUNAtics

some dip buys that helped me recover my port (in order of gains):

LUNA
AVAX
FTM
LINK
DOT

essentials:
BTC
ETH

month of december was pretty chill, not many trades taken but decent gains made

stuck to my high conviction coins and it reminded me of an important lesson (yes, I'm still learning and improving too)

trade quantity =/= trade quality

lesser trades =/= lesser profits

earning more while doing less = passive income ✅

cheers!

#tips #learn

remember to always have some liquidity on hand

dip -> buy -> recover -> trim to recover usdt -> dip -> buy -> cont.

tldr; buy low, sell high

eyes on Ribbon Finance (RBN)

just realised you can actually stake on CoinHako now

finally !!

just check the "Earn" tab at the bottom middle of the app

only applicable for some coins, APY isn't that high but since it's stuck there why not amiright