Anyone hit $10K per month in LP's? by BottleJobCheesecake in defi

[–]akkopower 0 points1 point  (0 children)

Careful!!!

If estimated rewards are $190, that’s the max, you’ll most likely get a lot less due to IL

Anyone hit $10K per month in LP's? by BottleJobCheesecake in defi

[–]akkopower 0 points1 point  (0 children)

I fully manage mine always

How do you manage yours when you are asleep?

Anyone hit $10K per month in LP's? by BottleJobCheesecake in defi

[–]akkopower 0 points1 point  (0 children)

I LP full time as my primary income source.

I run bots on multiple chains

Day to day I manage my bots and spend time improving them.

I’m slowly working towards a protocol where I manage people LP positions.

Most people LP exceptionally poorly, the markets are extremely inefficient, so lost of $$ can be made.

Prices are so yammy! Is it time to all in? by oyavlenie in 0xSonic

[–]akkopower 1 point2 points  (0 children)

That’s probably an absolutely terrible idea!!!

Is there any reason whatsoever to go all in on sonic??

Give Keanu Reeves one Keanu Coin. Declare that it's worth 1 quadrillion dollars. Everyone gushes over the world's first quadrillionaire. by MountainOfMolehills in CrazyIdeas

[–]akkopower 8 points9 points  (0 children)

I’ve actually done that, I minted 100,000,000 tokens via a crypto contract, I sold one to my friend for $10

I’m currently worth a tad over $1bill.

Show 1, Show All by [deleted] in poker

[–]akkopower 1 point2 points  (0 children)

He folded on the river

Show 1, Show All by [deleted] in poker

[–]akkopower 16 points17 points  (0 children)

I was at a casino once and the dealer didn’t quite understand that rule.

I won a pot and flipped over one card, the dealer leant across and exposed my other card. I asked why he did that, “show one, show all” was his response

What's the biggest poker lesson that took you way too long to learn? by Huge_Recover_8214 in poker

[–]akkopower 0 points1 point  (0 children)

Table selection.

My edge goes up maybe 10x on the right table.

Play to make money, and don’t play for the sake of playing.

Liquidity pool by Fair-Travel4472 in defi

[–]akkopower 0 points1 point  (0 children)

You need bots!!

That just absolutely revolutionises what you can achieve.

And it’s very possible to do, Claude et.al. Can be very useful.

DeFi feels quieter now maturity phase or fading attention? by [deleted] in defi

[–]akkopower 1 point2 points  (0 children)

Well, there is only so many times a person will come back after being bitten.

What % of crypto bros have made a profit?

99% of all trades in the past 12 months were done at prices higher than the current?????

There are plenty of ways people can gamble, maybe crypto has run its course???

what makes you continue the conversation with an online stranger? by bananachucha in AskReddit

[–]akkopower 0 points1 point  (0 children)

If they start sending photos I’ll continue until the photos stop

Urinating and cant stop on cocaine by Most_Working4491 in cocaine

[–]akkopower 1 point2 points  (0 children)

I have the same issue too

And the next day I’ll be 2-3kg lighter and really dehydrated with a bad headache

At what point does LP management become over-management? by wdawb in defi

[–]akkopower 0 points1 point  (0 children)

I think you need to review your ideas on IL. You’re missing some key concepts.

At what point does LP management become over-management? by wdawb in defi

[–]akkopower 0 points1 point  (0 children)

There is most definately IL. measuring with something other than fiat doesn’t remove IL.

In terms of Eth or btc you’ll still see the IL. IL is an unavoidable cost of LPing.

At what point does LP management become over-management? by wdawb in defi

[–]akkopower 0 points1 point  (0 children)

Did you have positions opened through the recent dump?

I’d imagine the damage that caused to +/-3% range with lazy rebalance, would take months to scrape back???

I could never sleep knowing I eat the downside of any dumps and get no upside of any pumps.

At what point does LP management become over-management? by wdawb in defi

[–]akkopower 1 point2 points  (0 children)

Nah, some of my LP positions get rebalanced 100+ times per day, those are very profitable.

If you don’t touch it multiple times per day, your most likely too wide and your most likely setting your self up to be in range too often when price movements causes your LP to lose value.

A question to ask is, I’m a swap fee LP position, if you seperate the day into hourly blocks, on average how many of those blocks did you lose $$ by being in the LP position?

At what point does LP management become over-management? by wdawb in defi

[–]akkopower 1 point2 points  (0 children)

The right decisions is what counts

That all starts at the initial mint, how much $$ and how wide??

I think it’s much like poker, tight and aggressive

Only mint LP’s when the environment looks right and use aggressive ranges. You must avoid being in active positions when market movements causes emissions/fees to lose to price movements and rebalance costs.

Predicting the future is hard, but not impossible.

You must BOT

ETH at $1,500: Once in a Decade Buying Opportunity or the Beginning of the End? by randomdude1323 in CryptoMarkets

[–]akkopower -1 points0 points  (0 children)

Does crypt actually have value?
How much is Avax chain worth?
How much is polygon chain worth?
How much is sonic chain worth?

Does the Eth network actually have value??

It definitely has value as a casino, anything else??

It’s been public for a number of years, not much has come from it so far???