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For those who are constantly losing money trading.
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Holding worked for some people, and trading worked for some. It's important to note that not all crypto participants have all that time to spend on charts, checking price movement 24/7 and buying low & selling high. One could just pick a few strong conviction plays & hold for some time frame, and of course, take profits. LINK, SOL & FRM gave some of the biggest profits in the last bull. All you had to do was to hold & take profits. I believe ARB, CREDIT, TRIAS & WIT will outperform many coins in the coming bull, and most holders in solid projects will do much better than those who trade.
The first coin I bought was BTC. I remember it was a $30 purchase then, made on the Luno platform. I learnt to make more gains, one needs to take some risks in altcoins. I bought OCEAN, then FRM, MATIC, and MITX a few months later.
I had some FRM from 2020 on BiDesk and just noticed they shut down. Has anyone else been in this scenario and discovered a solution?
What do you think of FRM? Ferrum Network
This is an interesting question, mate. But I really don't think about it. Why? All we have are guesses. Some "youtuber" will eventually be right about a guess (he will call it a "prediction" though) and will be treated as a king until he is wrong and another one is right and then repeat the cycle. The truth is: we do not know. It doesn't matter if you hodl a CFA, FRM, PhD, CAIA... and as many titles that the world can offer you. So, my answer to you is: I have NO idea. I'll just keep buying my bags like FTM, SOL, UTK, AVAX, BTC, ETH...engaging with crypto community, staking with Yield App, Nexo, Swiss Borg, Binance and sleeping well without thinking about dips.
Look into Ferrum Network. They offer IDO's if you hold a certain amount of FRM and FRMx. Netvrk was launched there at .09. it's over $3 now. Best decision I have made for finding gems.
This gives me an idea: Launch a shitcoin "Democracy(DMC)" or "Freedom(FRM)" and use it to trade USD.
That's true! LUNA, ANKR, FRM, LOOT are just great picks now.
I am an asset management PM, also a certified FRM, CFA and CAIA, spent some time studying the crypto space and I’ve been watching this closely for quite a while now. here’s my read on this, and hope it offers some perspectives which may shed some lights on why this has a much bigger impact on the broader financial market and why the Risk Council will likely act to bust the Tether fraud. Tether, if proven to be fraud, will undoubtedly be the biggest fraud of the decade, not because of its sheer size, but because Tether’s “reserve assets” in US treasury drastically increased in 2Q 2021, and this “coincided” with a highly anti-fundamentals drop in US treasury yield in 2Q 2021. This has caused quite some macro funds to make big losses in 2Q. Of course there are many hindsight explanations attributing the yield drop to “growth peaking” and “Covid concerns”, but we all know the truth: stablecoins injecting huge amount of demand into the Tsy market when liquidity is not great, and thus causing a large INCREMENTAL demand, which led to a Short Squeeze in the US treasury. (Yes, short squeeze in US TSY) I highly suspect that, among all the “reserve assets” tether claims it has, the only truthful reserve assets are the cryptos and US treasury. Please note the reserve assets Tether claims that it holds, the disclosure is NOT AUDITED. Under pressure of investigations and fear that the pillars of sand will collapse soon, Tether accelerated in issuing and purchased large amounts of US treasury in 2Q. Tether kidnaps the US financial stability and if they go down, yield will surge too. This malicious binding is what’s stopping the Risk Council from busting this fake bubble immediately. But it’s only going to slow down the process, and it will not bring about a different eventual outcome. Let me be clear: Blockchain is a great technology which I believe is one of the great innovations of the past 2 decades, and I believe in the blockchain technology. Bitcoin has a transparent mechanism. BTC has value, just not as high as where it is right now. As the thread points out, pricing of cryptos is an entirely different thing, pricing views are expressed via trading. if over 50% of BTC transactions are done via USDT, and USDT is built upon pillars of sand, then indeed you need to be aware, you will not be safe ANYWHERE within the crypto space. Would like to see more insightful discussions rather than “FUD” or “HODL” comments
I am an asset management PM managing a large AuM, am a certified FRM, CFA and CAIA. and I’ve been watching this closely for months now, here’s my read on this, and hope it offers some perspectives which may shed some lights on why this has a much bigger impact on the broader financial market and why this bubble must go bust: Tether is undoubtedly the biggest fraud of the decade, not because of its sheer size, but please look at how Tether’s “reserve assets” in US treasury drastically increased in 2Q 2021, and this “coincided” with a highly anti-fundamentals drop in US treasury yield in 2Q 2021 which doesn’t make any sense. This has caused quite some macro funds to make big losses in 2Q. Of course there are many hindsight explanations attributing the yield drop to “growth peaking” and “Covid concerns”, but we know the truth: stablecoins injecting huge amount of demand into the Tsy market when liquidity is not great, and thus causing a large incremental demand, which led to a Short Squeeze in the US treasury. (Yes, short squeeze in US TSY) I highly suspect that, among all the “reserve assets” tether claims it has, the only truthful reserve assets are the cryptos and US treasury. Please not the reserve assets Tether claims that it has, the disclosure is NOT AUDITED. Under pressure of investigations and fear that the pillars of sand will collapse soon, Tether accelerated in issuing and purchased large amounts of US treasury in 2Q. Tether kidnaps the US financial stability and if they go down, yield will surge too. This malicious binding is what’s stopping the Risk Council from busting this fake bubble immediately. But it’s only going to slow down the process, and it will not bring about a different outcome. At first sign of USDT’s fall, we expect a surge in Bitcoin and other Altcoins (we might have already witnessed it because it might be going on right now), given the difficulty to exchange USDT to fiat currencies. These USDT money can only flow to cryptos to seek refuge. But as the broader financial market starts to examine what happened, that’s when we will start to see major outflows and crash in cryptos. Let me be clear: Blockchain is a great technology which I believe is one of the great innovations of the past 2 decades, and I believe in the technology. Bitcoin is a transparent crystal ball, and BTC has value, just not as high as it is right now. As the thread points out, pricing of cryptos is an entirely different thing, pricing views are expressed via trading. if over 50% of BTC transactions are done via USDT, and USDT is pillars of sand, then indeed you will not be safe ANYWHERE within the crypto space.
I am an asset management PM managing a large AuM, am a certified FRM, CFA and CAIA. and I’ve been watching this closely for months now, here’s my read on this, and hope it offers some perspectives which may shed some lights on why this has a much bigger impact on the broader financial market and why this bubble must go bust: Tether is undoubtedly the biggest fraud of the decade, not because of its sheer size, but please look at how Tether’s “reserve assets” in US treasury drastically increased in 2Q 2021, and this “coincided” with a highly anti-fundamentals drop in US treasury yield in 2Q 2021 which doesn’t make any sense. This has caused quite some macro funds to make big losses in 2Q. Of course there are many hindsight explanations attributing the yield drop to “growth peaking” and “Covid concerns”, but we know the truth: stablecoins injecting huge amount of demand into the Tsy market when liquidity is not great, and thus causing a large incremental demand, which led to a Short Squeeze in the US treasury. (Yes, short squeeze in US TSY) I highly suspect that, among all the “reserve assets” tether claims it has, the only truthful reserve assets are the cryptos and US treasury. Please not the reserve assets Tether claims that it has, the disclosure is NOT AUDITED. Under pressure of investigations and fear that the pillars of sand will collapse soon, Tether accelerated in issuing and purchased large amounts of US treasury in 2Q. Tether kidnaps the US financial stability and if they go down, yield will surge too. This malicious binding is what’s stopping the Risk Council from busting this fake bubble immediately. But it’s only going to slow down the process, and it will not bring about a different outcome. At first sign of USDT’s fall, we expect a surge in Bitcoin and other Altcoins (we might have already witnessed it because it might be going on right now), given the difficulty to exchange USDT to fiat currencies. These USDT money can only flow to cryptos to seek refuge. But as the broader financial market starts to examine what happened, that’s when we will start to see major outflows and crash in cryptos. Let me be clear: Blockchain is a great technology which I believe is one of the great innovations of the past 2 decades, and I believe in the technology. Bitcoin is a transparent crystal ball, and BTC has value, just not as high as it is right now. As the thread points out, pricing of cryptos is an entirely different thing, pricing views are expressed via trading. if over 50% of BTC transactions are done via USDT, and USDT is pillars of sand, then indeed you will not be safe ANYWHERE within the crypto space. Any discussions, welcome
All those underwater coins will pump the most like my LOOT. Look what FRM did already.
And so are my bags! ETH LOOT FRM
And so will ALTS. They always follow, better be ready. FRM LOOT LUNA
Yeah, it never disappointed me. Been using DCA to load my BTC, FRM and LOOT.
Bullish AF, glad to have BTC in my port along with LOOT and FRM.
All alts preparing for monumental rallies. LUNA FRM LOOT
Absolutely loving it. Liquidate all bears. Up only. LUNA LOOT FRM
Alts growing. Expecting my LOOT and FRM to pump hard. Life's definitely good.
Yeah, couldn't wish for better Monday scenario. Happy to see my bags in green $FRM $LOOT.
I prefer to be underwater for some time and be sure I'll be a part of vertical upside rather than be safe with my fiat and sit on the sidelines. $LUNA $FRM $LOOT
I'm excited for what will come in terms of BTC. If we go higher and stop, then alts will shoot up most probably. $LUNA $FRM $LOOT
Crab today, pump tomorrow. Patience is key. If you hold right projects like $FRM or $LOOT then in long term, it is certain you won't regret.
Higher the risk, higher the reward. Simple logic. It is good idea to split port into high caps and riskier assets. Anyway I'm feeling confident with all my picks. $ETH $FRM $LOOT
$ETH and $ALTS\*. Can't imagine holding $ETH without some decent, bottomed $ALTS like $LOOT or $FRM.
Looks boring, maybe calm before the storm. Anyway it is still good time to load some bags like $LOOT or $FRM.
Bullish. Port slowly turning green. Generally I'm happy, because I've managed to load satisfying amount of bags. $LOOT $FRM $LUNA
Can relate. That's why i stick with spot and wait patiently. Glad I've got some on good discounts. $LOOT $FRM $LUNA
We're at top of a triangle so def good for lvg short. Glad I've added more to my spot bags yesterday. $FRM $LOOT
Only spot bags here. Glad I've took some $FRM and $LOOT before the pump.
Anytime you see a politician actively campaigning against something, think of who would be against that act then automatically assume they are getting a payday from them. [Example. Llamas.](https://www.youtube.com/watch?v=FRM0G1wfXoM)
>Safe Have (SHA) is building a digital inheritance platform. That speaks for itself As in when you pass away ? That's a cool project, I like that. >Ferrum Network (FRM) is a DEFI app that offers a lot of custodial services. Their staking got me into them as their APY is very high. What's the APY and where do you buy it ?
Safe Have (SHA) is building a digital inheritance platform. That speaks for itself. Ferrum Network (FRM) is a DEFI app that offers a lot of custodial services. Their staking got me into them as their APY is very high.
I dont really know SHA or FRM, Could you give me a brief rundown of them, always cool learning.
My biggest money makers have been VET, QNT, SHA, and FRM. I got in on VET after crash of 2017. Got in QNT, SHA, and FRM shortly after their public sales. Bought QNT around $3, SHA and FRM below $0.001. The biggest aspects I look at our the team, their telegram channels, and how the team operates. I think the biggest thing to focus in on is the Telegram channel though and how the team communicates with the community. This is where you should mainly be able to identify a scam or pump n dump project. If the team fails to answer questions, bans criticism, or encourages toxic behavior, avoid the project. Similarly, if the community is failed with immature conversation, or just talk about mooning, or doesn’t have any conversation at all, you should also avoid this project. The telegram channel is a projects best way to interact with their community directly, and receive feedback while also answering questions. Failure to do any of this is 90% a scam.
FRM and EVN. Ferrum is an incubator.launchpad/staking as a service. Evolution finance is next level...finance? I know a lot more about the former.
FRM-ferrum network... not quite at your MC requirement but close- owning different amounts (and FRMx, the utility token) allows you to bid on new coin offerings.
OGN XDC STMX FRM DHT APY FRONT MTA to name a few
I was a founding member of Dao Capital. We are currently seeking value-add members. If you can write medium articles, can edit, can manage social media, can code in solidity, or can offer value in any other way for our partners DM me! I'm also on the Ferrum Governance committee. This has given me access to plenty of 30x gems (Poolz, Bondly for example). You must hold 50k FRM to get guaranteed allocations. Duck Dao is cool, but it's FCFS. Honestly, stay away from any FCFS system. You will get rekt.