Have had a sort of crisis of faith in crypto the past few months and had started to feel disenfranchised with the state of it all.
But I've realized why that is and I've started to go back to my DeFi roots.
Somewhat in honor of @rektdiomedes's daily brypto, I wanna do something similar to keep myself honest and to keep myself posting. (maybe this will turn into a free tg channel/newsletter at some point)
So I'm going to document what I'm researching/what I'm using each day, even if its the same shit every day.
Got a goal in mind and I'm gonna work to get there.
So here's where I'm at today:
Have bought and staked a ton of $LQTY. This is my way of curbing my ETH bearishness and choosing to buy something that I think is a new DeFi lego. Plus got bullpilled by @AgentChud and I always respect his takes/views.
Next I bought a bunch of $CVX and locked that for the incooom. Want to really establish a basis of income producing assets and its a way to express bullishness on the stablecoin thesis imo. Going to use bribes from that to accumulate cvxCRV for more incoom. Once that is done, bribes will be used for more BTC.
Then got a bag of $ALD. They have a good size treasury of assets/projects they've incubated and I'm assuming with an imminent fee switch turn on/staking, that these assets will yield decent income for the future. Also this shit is like 7m mkt cap and fully diluted??? Wtf why aren't more people buying this lmao
Oh yeah and I have a big bag of BTC as my base asset and borrowed some cash off it to grab these assets so I'm still exposed to the King.
Long winded but this is DAY 1 of Schizo's Musings so y'all hoes gotta keep me accountable for the days going forward, cool? Cool.
Show original25
6.73K
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.