Spasmodic Recap!
Here's a quick little post about how things went with my crypto investments last week...
(As always, invest at your own risk. Do your research & find out how these different projects operate before investing. This post is not to be taken as financial advice. It serves only as a record of what has already happened & my intentions going forward. Only invest what you are willing to lose. Use risk capital only. DYOR. NFA.)
Enter $Trump!
This presidential meme token took us for a wild ride last week!
At first, people thought it was a hack. Then Trump talked about it, and everybody wanted in on the action!
So many people were trying to get that meme coin that it slowed down the Solana network, increased gas fees, and even threatened to fail transactions!
There was even a wiki page written about it.
How did I do?
With limited funds, I had to act quickly, so I invested only 0.1 Sol in Trump, which gave me around 0.8 Trump tokens at that time. I then put half of them into a limit order on Jup to sell if the token hit $84.
Spoiler Alert! The token never hit $84. It started crashing at around $75. (I should have put the limit order for $75!)
Before that happened, I got cold feet & sold my other half for a little more than 0.1 Sol. So, no harm. No fowl.
Oh, and that limit order is still on Jup….just in case…
(As a side note, you can now trade $Trump on Coinbase…)
Bitcoin had another Dip & I got some MOAR!!!
One of my limit orders was executed when BTC hit $99,554. Although the limit order was only $37, it earned me around $234 once the BTC price returned to $107k.
WOOHOO!!!
I then sold some of my Dai for cash & made another limit order on Coinbase.
I now have seven limit orders “stacked” for BTC on Coinbase. If it goes that low again, the next should be triggered at around $99.3k.
(I recently wrote a series on how to set up & use limit orders. Click here to read the first article in that series.)
Affiliate Sponsor:
Coinbase (Because my small limit order made a lot of money.)
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https://coinbase.com/join/RX8Z42V?src=referral-link
Privilege Club excitement!!!
All of a sudden, it wasn’t boring anymore!!!
The daily rate has been going up & down every day, even multiple times per day!
So far, I’ve been able to hit it at 0.51%, 0.53%, and 0.49%…
Plus, a few mini-games have been in the chat, earning a few people extra stakes.
If you are a member of The Privilege Club, look for even more rate changes and mini-games! Better be quick before this promo ends!
The Book of Binance!
Another great product from the MSS dev, The Book of Binance!
This is a unique meme token on the Binance smartchain.
You can stake several different tokens from several projects to earn more Book tokens in the farms.
If you want to influence weekly farm emissions, you can also burn your book tokens.
More information on this cool new meme coin on the Binance chain can be found on the docs page, Book website, or Telegram group.
Meet Aira, the Defi IRA AI chatbot
The R2R (Rugs 2 Riches) guys are adding interesting innovations to their Defi IRA project, including a cool new AI chatbot!
I asked her to tell me about herself in the Defi IRA TG chat & this is what she wrote.
Go check her out in the Defi IRA TG group!
They have also relaunched the Defi IRA website, which has been totally redesigned!
They even have a cool-looking Analitycs section displaying the Defi IRA token price.
That’s all I have for this article.
Keep your eye open for my next article, coming soon…
Thank you for reading my post.
Likes, comments, etc., are greatly appreciated.
Please let me know what you think.
Till next time.
God Speed!
(NONE OF WHAT I WRITE IS TO BE TAKEN AS INVESTMENT ADVICE. It is primarily a record of what I am doing & the different strategies I’m using to reach ROI & make a profit in Defi. I am neither an advisor for this nor suggesting any financial action on your part. Invest at your own risk. DO NOT INVEST MORE THAN YOU ARE WILLING TO LOSE! DYOR. NFA.)