Degens Are The New OG’s
Here it is, the 24nd edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.
So there has not been much drama on Twitter lately, because when people get rich they don’t fight.. lets see what’s been hapening.
The End Of Bitmex
Bitmex the ruler of degen trading has finally shot themselves in the foot, and it’s a critical wound.
Bitmex decided to implement KYC.
gainzy atac pic.twitter.com/z5sR3BxEHJ
— starbust (@inversebrah) August 14, 2020
Go get em Gainzy… RIP Arthur.
Everybody Still Loves Chicken
Tendies at new highs flipping support, the only way is up, with deflationary supply, upcoming staking and farming it’s a n brainer.
Join the crisssssssssssspy side Brenna 🐔🍗
— Jenny from the Blockchain (@HodlThatShit) August 13, 2020
Resistance is futile. You will be assimilated 🥰$TEND #Tendies @TendiesCrypto pic.twitter.com/VMARXNwA0G
It’s just getting started.
BUY TEND. Or don’t you’ll end up fomo buying at $5, your call.
Tendies 🐓
— Jenny from the Blockchain (@HodlThatShit) August 17, 2020
But only if you are a good boy 🍗
Are you a good boy Arthur? $TEND pic.twitter.com/EnpWNCHEpL
YFI The Flippening
YFI is a project I have a lot of respect for because I admire decentralization, and this is decentralization at it’s fines, no CEO, no fundraising, no vc.
And fror the first time a coin is worth more than BTC (price not marketcap)
Oh my…$YFI is the first crypto to legitimately flip $BTC in price…
— learn yearn ($YFI) (@learn2yearn) August 20, 2020
But mainstream crypto “media” isn’t covering the yFlippening…
Why?
They don’t own any.
They like to control the narrative.
But this is our narrative now.
DO NOT LET IT FLIP BACK.
Few understand.
I think there is still a long way to go, Yearn Finance has become a key component of the DeFi ecosystem.
Big DeFI
AAVE, $LEND, has been the backbone of DeFi and yes it has grown soo much but the fundamentals will keep it growing, i believe this is one not to ignore.
If I had to hold a single Ethereum based DeFi asset for 2 years, it would be $AAVE
— Kyle Samani (@KyleSamani) August 20, 2020
By far the best combination of: product/market fit, token distribution, community, pace of innovation, and reasonable valuation with upside to go https://t.co/onqnQQyxk7
Don’t sleep on this DYOR and get involved.
The Trade
The trade, so everything has gone bullish, yes everything.
Buy anything and don’t look back, that seems to be effective as a strategy.
Let me be clear:$BTC will be going to $30k this year.
— Crypto Bitlord 🏝 (@Crypto_Bitlord) August 17, 2020
This means making sure you have a nice long and also double long your long to hedge your precious altcoins.
The dumbest thing I ever did on $LINK was take profit
— Crypto Bitlord 🏝 (@Crypto_Bitlord) August 14, 2020
I thought I could “buy back cheaper”
Don’t sell too early, always take profits, don’t get greedy and capitalize the fuck out of this before its gone.
Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.
Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.
