Let's do the ETHBTC-THANG!
I record the $ADA-price from @Indigo_protocol and the { $ETH, $BTC }-prices from @Levana_protocol.
$ETH and $BTC have skied, so $ADA is now a bargain, vis-à-vis { $ETH, $BTC }, as per the EMA20 indicators.
My { $ETH, $BTC, $ADA }-calculator says "buy $160-worth of $ADA."
So, let's do that!
I withdraw 160 $iUSD from that stability pool then swap it to $ADA.
EASY-PEASIES!
2024-02-07 Indigo portfolio
incept date: 2023-07-27
0.01228 $iBTC: $543.55
0.7104 $iETH: $1,724.07
2,483.25 $iUSD: $2,483.25
1266 $ADA: $635.36
total fees $70.23
total yields $635.29
net yields $565.06
23.69% APY
invested: $4,465.58
value: $5,386.23
ROI: 6.39% / 11.96% APR
2024-02-07 ETHBTC-THANG! Day 255
The ETHBTC-THANG!
- no swap; no EMA-ratio δ
ETH: 1.94127 / BTC: -0.0438
Total: $4,711.49 / TVL EMA-20: $4,711.49
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!
ROI: -31.76% / -45.64% APR
Trading
Okay, no $ETH <-> $BTC swap, either way. Let's wrap up with the /USD EMA20 indicators review.
ADA/USD EMA20 confirms the BUY order was correct for today. No leverage. (besides, I don't have a way to leverage $ADA rn)
Gold / gPAXG
Now both { $ETH, $BTC } EMA20 indicators are not only SELL, but HARD SELL (with leverage) at that.
I'm not going to do that. Not today.
Should I?
I mean: what is the relationship between { $ETH, $BTC } <-> $ADA. I've got that mapped out.
Should I do { $ETH, $BTC } <-> $gPAXG?
So, starting from tomorrow, I'll track $gPAXG <-> { $ETH, $BTC }
... that ... MIGHT ... make my ETHBTCPAXG-THANG! gold-heavy, idk, but, then, in which case, do I buy back { $ETH, $BTC } from a $USK mint against $gPAXG? Again, idk, but this avenue is an interesting one for me.
Why is Gold interesting for me? In the 1800s, if I were alive, I could buy a homestead with a bar of gold.
And guess what: today, ... I can buy a homestead with a bar of gold.
Gold is inflation-resistant, across more than a century.
That's wealth-building material.
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