Also, weeks ago, told you about Celsius. It yields 14-16% with no trading by generating broker earnings, which is a safe business! It’s there in front of us, paying interest every monday, with 0.00 % drawdown. Have you switched ?
No, stablecoins on USD, AUD, GBP, HKD are returning 14% this week and were at 16% recently. It varies since the start of Celsius but has a ceiling locked positive as a guarantee. Because it’s a profitable business that does not speculate but generates revenues by making clients pay
Then you take a hedge position on futures or OANDA (worse) at 1.25% per annum and you achieve an interest bearing account on EUR as the difference
Celsius generates revenues by making traders of the industry (institutional ones with guarantees that are verified) pay to use leverage. It’s equivalent to the duty of a stock brokerage with an underlying that was not aimed to be shorted or margined in the first place, except that usually, it’s your broker which keeps the benefits, while Celsius redistributes 80% of them by short-circuiting the traditional scheme. It is finance uberified towards the users instead of the banks.
It’s too late to have serious risk. Celsius now is worth $900 million, soon a billion market cap!
and maintain an insurance fund to cover any losses of margin calls (they don’t propose themselves any leverage, only fully collaterised loans under-leveraged by 2 to 4 folds) that has now skyrocketed drastically
The CEO of Celsius is a venture capitalist who has built a dozen of successful corporates (and exited with multi-billions), that are used daily by the masses on the internet but also IRL (WiFi of the New York subway, for instance). He patended VOIP many years ago
Now he settled himself to kill the banks and make the people and his kids profit
He is not your average clown but a visionary. Always simplistic projects but very understandable by the public, unlike you know who...
With Celsius, as soon as you deposit, you earn interests every monday. There is no trading, no equity curve, no drawdown.
There is not even the need for the push of a single button... !
On top of that, zero fees are applied (nowhere for the “earn interests“ part). Even withdrawals are free (they cover the transaction fees)
That’s what the people want, not the complexity of derivatives on assets that are volatile and random as fuck but known behaviour on assets they’re used to for using them in the daily life as reference. It’s banking v3.0
The concept can hardly be beat. It’s simplicity pushed at it’s maximum, and like Einstein would say, simplicity is sophistication.
they had hard coded in the protocol coin releases/generation as treasury when the price would cross $1.50 and again I don’t remember which threshold ($3?). They won a little fortune that now serves as security for the customers. They succeeded at their mission
Dang, +1100% since yesterday on my personal trading. Super easy and comfortable.
Looks like the context of december post US election is appropriate to make a killing.
Hummmm I may even be in position to beat my personal record : +120k € in 24 hours (night included, sometimes I don’t sleep for 3 days in a row) in 2014, which was only 1600% back then. Although I cross fingers that I will crush it in value instead relative % I’m betting on a more swing sequence than only intraday here. Actually, I have in mind 3 day trading legs next over a matter of days. I already completed the ignition with 3 intraday ones and half of the first daytrading