Riding The Wave Weekly Outlook #29
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Table of Contents
Tweets
What’s Happening Now?
What Might Happen Next?
Tweets
BREAKING: 🇷🇺 Vladimir Putin has signed a law banning #Bitcoin and #cryptocurrency as a means of payment in Russia.
Warren Buffett & Charlie Munger used mental models as an edge to become the greatest investors in history.
There are hundreds of mental models.
I found 14 that will help you become a better Crypto Investor:
(including common investing traps)
JUST IN: Celsius Network owes users $4.7 billion according to the declaration CEO Alex Mashinsky submitted to bankruptcy court.
💥JUST IN: New York Yankees employees can now convert salaries into #Bitcoin thanks to partnership w NYDIG.
BREAKING NEWS:
CHINESE AUTHORITIES HELD EMERGENCY MEETINGS WITH BANKS AFTER GROWING ALARMED THAT AN INCREASING NUMBER OF HOMEBUYERS ACROSS THE COUNTRY ARE REFUSING TO PAY MORTGAGES
Here we go...
In DeFi, “a deal is a deal” – you can’t back out.
Celsius was forced to prioritize paying down its $400mm+ loans on Maker, Aave, and Compound to avoid liquidation.
There is no ability to “re-structure”/renege on smart contracts.
Why DeFi works great: panteracapital.com/blockchain-let…
Proper wallet segregation can significantly mitigate the risk of your precious NFTs and crypto being stolen. Here's how I recently reorganized my wallets, utilizing ENS for easier management.
🧵👇🧵👇🧵👇🧵👇🧵👇🧵👇🧵👇
What’s Happening Now?
Bitcoin touched the 200-week SMA but did not manage to break through.
On the daily time frame, we have continued bouncing between the previous support and resistance areas.
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