Hello, poorfag shitcoiners. I’ve come to drop a little education on you and a free trade built by a professional.
The borrow APR of BAT on compound 31.8%. >what does this mean? This mean whales are borrowing as many tokens as they can get their hands on, in preparation to DUMP this sucker to the ground. Look at the breakdown, 351 people are borrowing from 3801 people and paying 39,000$ USD per DAY to borrow this BAT. This small group of individuals is likely close to completing their accumulation of borrowed tokens with an APR this high. It may go as high as 40-50% before they begin the dump, entirely depends on how much money is behind this. >so what does an uneducated poorfag like me do? Well first off, if you are holding BAT, sell it immediately. I can gurantee you this thing is going to be dumped hard within 1-2 months MAX. It could happen at anytime now. If you want to profit, follow the whales, borrow some BAT and SELL IT NOW. You will get a far better avg. short entry than them. Collateralize with Bitcoin. >when do I close? Close the trade when the borrow APR drops to ~12-15% this means a lot of the short money has repaid their loan, a short squeeze could happen around this period. Stay on the safe side, don’t get greedy.
There you go faggots, I’ve given you a FREE trade and more importantly knowledge of how to trade with the whales, not against them. Stop getting fleeced and start playing their game. I’m an analyst at a large financial firm.
Or, continue throwing your money away on Uniswap scams and shitcoins, I don’t care.
I get off on the fact that nobody here will read this or care and will buy BAT anyway chasing this fake pump. I’ll be back soon to make fun of all those schmucks with their dollars in my pocket. Crypto is so damn easy when you know what you are doing.
Aaron Cook
And get out of my thread rat
Benjamin Bell
When BATdump ?
Evan Wood
so what's your current strategy? I'm still trying to wrap my head around the borrowing concept and and be safe enough that I don't fuck myself financially for the next x years. Teach me senpai
Gabriel Butler
Read the fucking thread.
I’m scaling into a short with 8% of my portfolio, but my portfolio is large. Going short is simple, put up some collateral, use BTC or ETH and you can borrow BAT. Sell this BAT immediately if you are a small portfolio and then you wait till the price drops and rebuy it. You get to keep the difference in price - fees. Lets say you borrowed today at $.24 over the next month it drops 50% to $.12. You buy as many tokens you borrowed back at .12, close your loan and get to keep the profit. This scenario is 50% profit - fees which may be around 2-10%, depends on the length of time you hold the short.
Anthony Jackson
Sorry
Ryan Thomas
Okay understood. Now the real question is how do you know it will drop? Just from the APR? The number of borrowers? Couldn't they be accumulating because of an impending price increase?
Owen Johnson
He doesn’t know, he’s a faggot.
Luis Diaz
Big money doesn’t leverage at 31% APR to go long. They would just buy the token outright and pay 0% APR. The only explanation is somebody is accumulating shorts and at 31% APR you can deduce they are close to finishing that accumulation. Like I said, if they expected price to go up, they’d just buy the token with cash/btc and not have to pay APR.
Nathaniel Cook
user, what does this mean? Sell my COMP?
Benjamin Cook
There is 45M USD worth of BAT being borrowed on Compound alone, that is not retail money.
Please go all in BAT, I’d love more profits. I’ll be back in a few weeks- months to wave your dollars in your face.
Isaiah Martin
Just read the thread slowly and understand, your COMP token is unaffected in the situation I am describing.
Dylan Stewart
>There is 45M USD worth of BAT being borrowed on Compound alone, that is not retail money. okay. thanks. slowly making sense. I'm assuming this can be analogous to other situations as well?
Leo Miller
Dude what the fuck why are they trying to kill BAT
Landon Richardson
If your asking if you could repeat this trade in similar circumstances with other coins, yes. But do be careful, you really should educate yourself on the underlying assets involved and how the numbers interact with eachother. It’s great to do this with BAT because its a low cap (relative to stocks) shitcoin thats only buy side demand comes from speculators. It also has a HUGE premined supply that is uncirculating. Essentially it already has a ton of downward pressure built into it.
Always practice good risk management, don’t get greedy. Never all in trades unless your playing with pocket change.
Brandon Hughes
They aren’t trying to kill BAT, they just see easy money. BAT will recover in time if it has a good usecase, (i don’t think it does but that could change)
Colton Turner
thanks for the info. my thinking is already slightly shifting to see the hidden strings. got any more tips, tricks or info?
Austin Harris
You’ll have to ask more specific questions and then I can help you.
Broadly I’d say learn the fundamentals of markets and derivatives and that will allow you to see the bigger picture. For example how shorting, options, perpetual swaps, funding rates, etc, work under the hood. Read all the documentation. Then, when something is really out of proportion like this BAT APR, you can deduce why that would be and then profit from it. Risk management is also super, super important, but if you are trading with less than $20,000 or live in a third world, don’t be afraid to yolo 50% positions.
Aiden Scott
Thank you for your time user. Can you recommend any books or learning material to increase my knowledge in this field and spot opportunities like this? I'm not going to be applying to any financial firms, but I would like to be more knowledgable than the average crypto/finance retard, of which I am currently one.
Kek like you know what big money does faggot. Your 100 link stack doesn’t count, show us your shirts also nigger. I’m capping all this shit make fun of you later pajeet.
Julian Wright
If you are purely interested in crypto, I wouldn’t reccomend any books it will just cloud your judgement. Definitely do this I can’t stress enough important it is to understand what you are trading. Reading whitepapers is a waste of time for trading. TA is absolutely useless. If you are good at excel just start playing around with numbers, try to find relations that you can profit from. I’m telling you all the crypto space is still super unexplored and there are tons of opportunities for enterprising, smart individuals to make a ton of money, i’m one of them. Just spend all day reading to understand how things work, then look for things that are out of the ordinary, deduce why that may be and build a strategy around it. Don’t follow the herd.
Parker Williams
Omg you are so wise sempai
Jayden Gutierrez
Cap it and go all in BAT. I make my living fleecing shitcoin sheep just like you.
Leaving in 10mins, won’t be back anytime soon. If you have any other questions about crypto/the trade get them in now. This place is a brain drain full of mostly scammers and idiots.
Nolan Peterson
Great post OP, what cryptos do you hold?
Evan Scott
This or DMG?
Charles Robinson
DMG ?
Justin Sanders
>This place is a brain drain full of mostly scammers and idiots Where to go then?
Lincoln Hughes
Currently 95% BTC, 30% of which I actively trade with. I have a few ETH and other coin dust from past trades. I don’t hold altcoins longterm, just scalp.
You can do both man, I haven’t looked into to DMG so can’t say much else. I will say I prefer this trade to blind speculation on alt coins.
Dominic Ward
Don’t know enough about DMG to give an opinoin.
Go to direct sources of information that you are curious about and read. There are no “good” social boards to discuss crypto, the majority is just uneducated and stupid, so anybody who knows their stuff it’s like talking to a toddler 9/10.
