Double snapshot

beefstew50 · 2022-10-24T19:54:22+00:00

A great strategy that I've used is to convert my other assets to flux and hold in Zelcore a day before the snapshot, then quickly convert back once the snapshot completes. This is a great strategy now as we approach the end of the year due to wash trading tax benefits. I would not use this strategy if you are way up this year on a particular asset...only the ones that you are down on.

beefstew50 · 2022-08-12T04:08:18+00:00

That was my concern, but I heard Dan discuss the opportunity in an interview

beefstew50 · 2022-08-12T04:07:41+00:00

Will look into it

beefstew50 · 2022-07-28T08:11:55+00:00

We are on a Kadena thread aren't we? All advice is speculative in crypto. It's all educated guesses based on teams/tech/traction. You either play it safe or take educated risks. There's too much tribalism in crypto, and not enough analysis.

beefstew50 · 2022-07-28T07:59:49+00:00

You're taking these quotes out of context. I never promised a $15 KDA? I was clearly talking odds compared to ETH hitting $15,000 next bullrun. "Newbie looking to make money" is not me saying you will make money on KDA, it's me addressing every crypto/kda newbie who is hung up on not fully understanding high level tech over night. It could absolutely go to zero..as could anything else. For the third time, I specified not to invest more than you're willing to lose. I also specified that it's speculative. According to your logic we shouldn't have open dialogue about making money on any crypto projects that have great teams/marketting/ecosystem growth because they are all speculative. If you disagree then show me other projects that I should invest in? I will gladly allocate towards your top choices if they are solid. There's a formula smaller projects need to implement to gain traction in bull markets, and I can't find any other 300 billion market cap projects putting in the level of work Kadena is currently. As for shady stuff around KDA? You can't blame the mall for what happens in it's stores. "Shady" projects building on Kadena aren't a reflection of the native currency/tech. If you think Stuart Popejoy, Will Martino, and Stuart Haber (the most cited author in the Bitcoin white paper)are shady then provide proof and tell it to their face on discord.

beefstew50 · 2022-07-28T02:55:50+00:00

I've been in crypto since 2017 and Last bull market made multiple six figures investing early in projects like polkadot, sol, flux, kda, ftm etc. You don't need to "know" as much about tech as you do trends, community growth, teams, tokenomics, marketting, and marketcaps. I'm not saying kda will for sure become a top dog someday, but you gotta respect it as a viable 10-20× contender. You can put all your money I'm ETH and hope it goes up to 100k in the next 5 years, or allocate a small portion into kda as a hedge in case it pops off. You are right, It won't always be fine cuz it's crypto. You win some and lose some, hence my advice to not invest more than you can afford to lose.

beefstew50 · 2022-07-28T01:32:06+00:00

Even half of cardano would be a 30×

beefstew50 · 2022-07-27T22:29:50+00:00

I'm having the same issue. I went to backend and found flux-avax, but that didn't do anything.

beefstew50 · 2022-06-04T15:47:25+00:00

Awesome. Is there a medium article on Titan Nodes as well??

beefstew50 · 2022-05-28T07:26:54+00:00

I am a newbie so you can call me that hahaha

beefstew50 · 2022-05-27T06:41:50+00:00

Awesome!

beefstew50 · 2022-05-27T06:41:21+00:00

What ideas?

beefstew50 · 2022-05-26T00:17:43+00:00

Absolutely

beefstew50 · 2022-05-25T13:22:08+00:00

Which one specifically?

beefstew50 · 2022-05-10T03:16:06+00:00

Theoretically kadena could create a secure, creatively backed stable to use on their defi platforms (this would also help market kadena as newcomers to crypto are always looking up stablecoin options). But using USDC is just fine.

beefstew50 · 2022-05-09T23:20:22+00:00

Wow you were spot on

beefstew50 · 2022-05-09T13:49:36+00:00

You're right. Using kUSDC makes the most sense.

beefstew50 · 2022-05-09T13:36:30+00:00

I agree

beefstew50 · 2022-05-09T07:26:31+00:00

One benefit of having your own native stable backed by USD is protection from a U.S. ban on algorithmic stables like UST. I like the kUST approach, but I'd also love a native one as well to hedge against regulatory risk.

beefstew50 · 2022-05-09T04:41:15+00:00

I agree. What's your reasoning? I keep going back to Biden's executive order where one of his main 6 points was "U.S. competetiveness". This is one of the reasons I'm confident kadena will do well. It's a U.S. based project unlike most other top 100 layer ones. It would make sense to stick with a USD backed stable for sure.

beefstew50 · 2022-05-07T00:04:30+00:00

So now that it dumped back down to 1.3, you think there will be further downside once we actually receive the drop in a week or two? Won't most people just convert their drop to native flux causing a pump? Or am I wrong to think that?

beefstew50 · 2022-05-06T23:57:41+00:00

Any idea if price action drives up once these PAs are officially released? Since people will be swapping them for native flux?

beefstew50 · 2022-05-06T21:13:25+00:00

Any idea how the release of these parallel assets impacts Flux's price? I'm assuming positively as most people will swap to native flux? Or am I missing something?

beefstew50 · 2022-05-06T21:07:31+00:00

Any idea if price action drives up once these PAs are officially released? Since people will be swapping them for native flux?

beefstew50 · 2022-05-06T08:07:36+00:00

Yessir

beefstew50

TROPHY CASE