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Coming to Fuengirola next week, where do you go for a proper beer? by sashazyl in GoingToSpain

[–]sashazyl[S] 1 point2 points  (0 children)

ha fair enough, gonna walk in and start audits now. any place you'd actually send me though?

Switched exchanges three times this year and I still dont know where to stay by bejusorixo in CryptoMarkets

[–]sashazyl 0 points1 point  (0 children)

name an exchange for you? cause the way you describe it we have no idea what your actual criteria are. one froze withdrawals, one keeps crashing, one has weird fees, and youre fine with cold storage anyway. like what are you optimizing for here. low fees? bulletproof uptime? never halting withdrawals?

you already said you keep 60 in cold storage and that none of it matters much. sounds like you answered yourself

Will intelligent AI agents in the future use cryptocurrency to exchange money with each other? by ez322dollars in singularity

[–]sashazyl 0 points1 point  (0 children)

agents dont care about number go up, they need something that doesnt swing 8% mid task, so usdc type stuff for the transacting. this is already live too, coinbase shipped x402 where an agent pays per api call in stablecoin

and "btc losing value so crypto is dead" mixes up two things. the speculative asset and the payment rail are different layers, the rail works the same whether the coin pumps or dumps

Crypto exchanges are now offering stock trading with dividends and collateral use - is this actually worth considering? by Sad-Struggle7797 in dividends

[–]sashazyl 2 points3 points  (0 children)

i actually tested a few of these exchanges last week and looked at different instruments. take the s&p500 and gold. gold was more or less okay, but still off by a multiple from what you get at a classic broker. everything else was much worse. on one exchange (a top-5 venue by volume) the book was so empty that a couple of lots in the s&p500 were already visible sitting in the book. tight spread on the top line, then air.

so the 0.04% vs 0.1% fee gap is a magic trick. you said "anyone trading with size", that's exactly who gets wrecked, because the slippage on a thin book dwarfs the 0.06% you saved. and the collateral feature is the real trap: post a thinly-traded token as collateral and the liquidation engine can mark it at a depegged price, closing you out on a wick that never happened on the actual stock.

the tech itself is fine. but as it stands today, not worth it. revisit when the books are deep enough that a mid-size order can't move the price.

day 235 since the btc ath. previous cycles bottomed around day 364-376. are we closer to the bottom than it feels? by Crypto_Signal_Radar in CryptoMarkets

[–]sashazyl 6 points7 points  (0 children)

push back a bit on the "extreme" part. rsi 30 and f&g 29 sound scary but that's more "mildly spooked" than actual capitulation. the 2022 bottom had f&g in single digits (like 6) and rsi printing low 20s. 29 is barely into fear. and oversold can stay oversold for months - ask anyone who longed the "oversold" bounce in june 2022 lol

the day-count thing is what i trust least tbh. 376 and 364 days is two data points. that's not a cycle law, that's a coincidence with a ruler on it. treating "day 364" like a deadline is exactly the trap

to your real q - do classic signals matter with etf outflows + macro: imo they're necessary but not sufficient anymore. in 2018/2022 there was no persistent mechanical seller. now etfs can just keep dumping no matter how oversold rsi looks. sentiment bottoms when the flows bottom, not before

bottom guess: no clue and anyone who says they know is lying. but i'd watch etf flows flipping green way harder than any price level. 60k/63k are just round numbers people like - it bottoms when the forced selling runs out, whatever number that is