I love how people call clone primitive single-purpose contracts "web 3". Is this what you want to be associated with ?
Ollie Fifu
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Did anyone have the maga coin on Web 3? Did anyone notice that despite the price spike when one would try to convert the conversion price was much less? Does anyone have any explanation for such an anomaly? Thank you in advance for future replies
Spot has recently been seeing bigger returns than leverage on Binance. People are afraid to long a clear bottom with 10x leverage but are not afraid to long their ego with 100x leverage.
I am happy to have quit most of the copytrading portfolios over the past week. The absolute most of them are now bankrupt. I was asking myself what would happen to people who don't use a stoploss on the turn of tides. This is what happened. They are gone.
Due to the rising volatility and a recent liquidation of two of the copytraded portfolios, I have moved majority of my funds to spot. BTC top has been broken through and I do not expect any major retracement on medium to long term. Short term retracement is well possible. I am down 30% back to my initial investment in USD and 55% down from the top since I started copytrading.
I have a theory that the crypto game has evolved into pure VC and any other type of chains or projects will slowly fade into oblivion as more people focus where the profits are being laundered. That's the latest form of crypto for now.