This will be short and I didn’t proof-read it so I’m sorry in advance for the plentiful errors. Before I start, want to make the proper disclosures. Firstly, none of this is financial advice, because I’m not qualified to give financial advice, in fact I’m not really qualified to do anything. They are my personal thoughts, not those of my employer, because I do not have an employer — likely due to my lack of qualifications.
So at a 90% of price discount, if you are willing to hold eth long term, you can buy eth now, swap for Seth and still be in profit if eth drops to around $1300. This bear market seems to still be in the infant stages so we will probably see lower eth prices then that over the next couple months.
Best play is probably waiting for further arb or lower eth prices before buying in.
Can you go over your life in music? Influences, favourites, what got you into playing, what made you stop? What gear did you use? Would you have stayed with it if you found musical kindred spirits or whatever?
Gray, check out CryptoCred's material on youtube (@CryptoCred on twitter), he has a full course on crypto trading and talks many times about taking profit.
I work at olive garden as a line cook and my gf and I are about to have my first baby yayyyy it's a girl.. I've lost a lot of money but but maybe I'll get it all back then some for my family ..that is my goal
In the event of a forced liquidation for Celsius, do you think we would be offered to take on their stETH "debt" instead ? What I mean is, if I'm due 500$ from Celsius, they could offer me 500$ worth of stETH.. better for us to hold on to stETH than nothing. Just a thought.
on chain. off chain or de or cefi.. my point is where doe sit drop down. assuming yo have a terra base or planetary base point. my pint with anchoir .w as where we started a long tiem ago. regards. have fun. aah convertability and cash knwo that word yet? and what to spend it on> know that one yet ? or free electricity and games and eels for breakfast lunch and dinner .. electric i said you see. free gift form oceans ..
pls letter to 18 year old self next :)
So at a 90% of price discount, if you are willing to hold eth long term, you can buy eth now, swap for Seth and still be in profit if eth drops to around $1300. This bear market seems to still be in the infant stages so we will probably see lower eth prices then that over the next couple months.
Best play is probably waiting for further arb or lower eth prices before buying in.
You could also buy eth swapt ot steth and short equal amount of eth
Another great article, thanks cob
ETH to stETH taxable event in USA?
Did you win the LoL? Also why don't you play runescape - like real men?
Can you go over your life in music? Influences, favourites, what got you into playing, what made you stop? What gear did you use? Would you have stayed with it if you found musical kindred spirits or whatever?
the stETH is redeemable for 1 ETH plus staking rewards accrued though right? or am I thinking about this wrong, is it based off an index or nah?
stETH rebases. So if you stake 1 ETH, you get 1 stETH. If you wait 1 year, you'll end up with 1.05 stETH or something. Redemption is 1:1.
ah got it, thanks mate
Another future article idea, maybe something around how/when you determine to take profit in crypto?
Gray, check out CryptoCred's material on youtube (@CryptoCred on twitter), he has a full course on crypto trading and talks many times about taking profit.
Hey cobie I saw your support to atozy. Nice. Would you support me as well?
I work at olive garden as a line cook and my gf and I are about to have my first baby yayyyy it's a girl.. I've lost a lot of money but but maybe I'll get it all back then some for my family ..that is my goal
In the event of a forced liquidation for Celsius, do you think we would be offered to take on their stETH "debt" instead ? What I mean is, if I'm due 500$ from Celsius, they could offer me 500$ worth of stETH.. better for us to hold on to stETH than nothing. Just a thought.
Nicely written, good insights & explanations. Thx!
Definitely a good read. 😃
Cheers Cobie.
who is your fav champion?
on chain. off chain or de or cefi.. my point is where doe sit drop down. assuming yo have a terra base or planetary base point. my pint with anchoir .w as where we started a long tiem ago. regards. have fun. aah convertability and cash knwo that word yet? and what to spend it on> know that one yet ? or free electricity and games and eels for breakfast lunch and dinner .. electric i said you see. free gift form oceans ..