Showing posts with label liquidated. Show all posts
Showing posts with label liquidated. Show all posts

Friday, November 10, 2023

2023-11-09 ETHBTC-THANG! Day 165

Okay, I'm doing something wild'n:

I already have a $BTC 10xLONG position on @Levana_protocol, but I don't have a short position (as that was just liquidated. Yay.)

So. What do I do?

I borrow 0.01 $BTC from @TeamKujira Ghost, bridge that to @osmosiszone, then place a 5xSHORT.





My plan, here, is to gain back the $BTC I lost from liquidations AND pay-down the borrow with the leverage on @Levana_protocol AND arbitrage on @TeamKujira FIN.

You may be saying: "BORROW ... to LEVERAGE???"

I did say it was wild'n, didn't I? 

el geophf, #degen o' #degen

Speaking of liquidated $BTC, here is the state of that.

0.0197 $BTC liquidated on 2023-10-23




As of 2023-11-09 I have recovered -0.001604 $BTC
92.91% remains 

Why am I sharing this with you? Right? Seriously!

To show you that I'm a total idiot?

Absolutely.

Folks: learning is the process going from more stupid to less stupid. If I share only my successes, how can you follow my strats, being that they're always perfect?

No. I'm showing you that I'm not perfect, that I do make mistakes, and that I do learn from them, and that I keep trying.

So when I DO hit pay-dirt, you see that a schmuck like me could do it.

I hope that it give you hope that: you can do this, and succeed, too.

That's why.

Here's the flip-side of that coin.

"I made $2.3M investing in $DOGE."

You see that all the time, right? or:

"I made 10x on $JEWEL," right?

How much did they lose to make that gain? How much did they lose after? The grass is always greener, but so what? How does that help you?

If you've followed me from day 1, you've seen a guy with a tie start with $0.00, make a lot of mistakes, learn some things, and BUIDL a portfolio.

You'll eventually see me get my financial freedom.

Starting from $0.00.

If you wish, you can take what I've done and do it, too.

2023-11-09 ETHBTC-THANG! Day 165








  • no swap; today


ETH: 4.10796 BTC: 0.0038

Total: $8,853.02 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: 3.39% APR: 7.49%

Thursday, October 26, 2023

2023-10-26 ETHBTC-THANG! Day 151

Let's do the ETHBTC-THANG!

I record the $ETH and $BTC prices from @Levana_protocol onto my SPREADSHEETSZORXEN! 




2023-10-26 ETHBTC-THANG! Day 151








  • no swap; no BTC available


ETH: 4.28979 BTC: 0.0038

Total: $7,713.29 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: -3.48% APR: -8.40%

Liquidation Loss recovery on @Levana_protocol


1.5 $ETH liquidated on 2023-10-12
1.689823 $ETH liquidated on 2023-10-23




As of 2023-10-23 I have recovered -0.868121 $ETH
157.87% remains

Oof! That price-spike helped everybody but me!

It took all my shorts and made me eat them! 

Monday, October 23, 2023

2023-10-23 ETHBTC-THANG! Day 148

Let's do the ETHBTC-THANG!

I record the $ETH and $BTC prices from @Levana_protocol to my SPREADSHEETSZORXEN! 




2023-10-23 ETHBTC-THANG! Day 148








  • no swap; no BTC available


ETH: 5.97961 BTC: 0.0038

Total: $10,146.51 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: -0.64% APR: -1.58%

Liquidation Loss recovery on @Levana_protocol


1.5 $ETH liquidated on 2023-10-12




As of 2023-10-23 I have recovered 0.821702 $ETH
45.22% remains

Sunday, October 22, 2023

2023-10-22 ETHBTC-THANG! Day 147

Let's do the ETHBTC-THANG!

I record the $ETH and $BTC prices from @Levana_protocol onto my SPREADSHEETSZORXEN! 



2023-10-22 ETHBTC-THANG! Day 147

The ETHBTC-THANG






  • no swap; no BTC available

ETH: 5.76644 BTC: 0.0038

Total: $9,584.68 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: -0.09% APR: -0.22%

Liquidation Loss recovery on @Levana_protocol


1.5 $ETH liquidated on 2023-10-12




As of 2023-10-22 I have recovered 0.658581 $ETH
56.09% remains

Saturday, October 21, 2023

2023-10-21 ETHBTC-THANG! Day 146

Let's do the ETHBTC-THANG!

I record the $ETH and $BTC prices from @Levana_protocol onto my SPREADSHEETSZORX! 




2023-10-21 ETHBTC-THANG! Day 146








  • no swap; no BTC available


ETH: 5.76644 BTC: 0.0038

Total: $9,490.66 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: -0.62% APR: -1.54%

Liquidation Loss recovery on @Levana_protocol


1.5 $ETH liquidated on 2023-10-12




As of 2023-10-21 I have recovered 0.608531 $ETH
59.43% remains

Friday, October 20, 2023

2023-10-20 ETHBTC-THANG! Day 145

Let's do the ETHBTC-THANG!

I collect the $ETH and $BTC prices from @Levana_protocol and record them into my SPREADSHEETSZORXEN! 




2023-10-20 ETHBTC-THANG! Day 145








  • no swap; no BTC available

ETH: 5.70884 BTC: 0.0038

Total: $9,300.05 TVL EMA-20:
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is cruising!

ROI: -0.63% APR: -1.60%

Liquidation Loss recovery on @Levana_protocol 


1.5 $ETH liquidated on 2023-10-12




As of 2023-10-20 I have recovered 0.550931 $ETH
63.27% remains

Lesson Learnt


The take-away here for me is that I need to set up a separate ETHBTC-THANG! wallet and have the $BTC and $ETH amounts in that wallet.

Any DeFi-plays I make will be outside the ETHBTC-THANG! and, importantly, will not impact this investment strategy.

Certainly, I can eventually 'bleed' successes of DeFi-plays back into the ETHBTC-THANG! I already do this with my funding strategy for my @Indigo_protocol HODL'ns.

Such 'bleeding' I see as a good thing: successes of a DeFi-play fund

  1. the DeFi-play, itself
  2. the ETHBTC-THANG!

Thursday, October 12, 2023

2023-10-12 ETHBTC-THANG! Day 137

Let's do the ETHBTC-THANG!

I record the liquidation-as-loss. I record the $ETH and $BTC prices from @osmosiszone onto my SPREADSHEETSZORXEN! 





2023-10-12 ETHBTC-THANG! Day 137








  • swap 0.00235 $BTC

After swap:
ETH: 5.15539 BTC: 0.0038

Total: $7,977.81 TVL EMA-20: $9,944.98
n.b.: TVL EMA-20 indicates that ETHBTC, itself, is undervalued.

ROI: 4.72% APR: 12.59%

Och! It was all going swimmingly until that 1.5 $ETH liquidation bit me in the heinder!

Some good news:

  1. I can pay the mortgage.
  2. I can eat.

So: I'm good.

Let's see how long it takes for me to rebuild back to what I had before the liquidation!

GO! 

Now, ETH/BTC-ratio vs. EMA20 says to swap 0.00235 $BTC to $ETH.

I can do that, so I do, withdrawing the $BTC from @TeamKujira Ghost and placing a sell-order on wBTC/USK FIN, where $BTC is priced highest.




Indigo


And: good news on the @Indigo_protocol-side.

I've accumulated enough $INDY and $ADA yields to total over $100-worth. So! Let's harvest those yields and reinvest them into the synthetics.




First, I harvest the $INDY-yields.


I immediately swap the $INDY to $ADA. 



Then I harvest the $ADA accumulated in the $iETH-farm on @Indigo_protocol. 



I now have 187 $ADA on hand.

I swap 150 $ADA to $iETH and stake that $iETH into the stability pool.




I'm now ready to run the @Indigo_protocol report.

2023-10-12 Indigo portfolio




Basis: $1,600.60

$iBTC: 0.013431 $338.89
$iETH: 0.608305 $930.03
$iUSD: 0 $0.00
value: $1,268.92

total fees $22.742
total yields $270.770
net gain/loss $248.028

APY 73.46%
ROI: -1.59%
APR: -7.54%