soft alt sushi buy with plans to cost average in if gets worse

29 thg 11, 2021

I was trying to hold off for a bit on any additional alt positions (mostly zks scalping L2 V2 and some eth and wbtc also on L2 Version 2 ZKS) this 7.00 usd sushi was just to tempting. Spazzed out and bought a touch more on the initial bounce from 7usd - 8usd at 7.70

so for example lets say I have 1k to invest at some point from my L2 holdings of usdt. i want 20 percent of that in sushi so in this case soft position meaning 15-30 % of that 20 percent for sushi so out of 200 usdt set aside for this alt I would buy 30 to 60n usd worth of sushi at 7ish. leaving 170 to 140 back for this alt. Gas fees to get your eth etc from your meta mask etc layer 1 or L1 wallet to the L2 in this case ZKS L2 smart contract or "zkrollup" ( medium.com/fcats-blockchain-incubator/how-zk-rollups-work-8ac4d7155b0e ) for normal transfer crypto eth fees. to get back to L1 wallet it will be 5 usd in whatever alt you are dropping back to layer one and thats per asset or per erc20 token ( cryptouniverses.com/ethereum-erc20-explained/ )

for me and mine beside just out rite awesome projects adding utility while pushing the boundries of what possible. DOSE ARTwallet ECOfi Covalent and dexs from the OG uniswap sushiswap 1insh pancakeswap etc etc to different less decentralized cheep to swap and move blockchains like Binance smart chain or BSC polygon serum avax even CRO is attempting something similar. to now Layer 2 dexs like uniswap etc with the cheep features of what eth is one day hopefully going to scale and upgrade to. for now L2 is gaining buzz word recognition and most importantly liquidity. Uniswap with the help of a group funded and called optimism.io, Version 3 L2 uniswap is gaining a foot hold. the lions share of dex volume this last month 0r 3 is heavy on wbtc eth usdt etc swap on cheep L2 v3 uniswap. they have plans to get more liquidity through partnerships etc (remember uniswap bust on to the scene with that 120 million usd airdrop) with help of snx and uma etc this could ramp up quickly. imagine trading and moving crypto for one 20th the current cost or less..... ZKSwap is launching their version or V3 this next month. they have recognized the utility in cross chain L2 organized liquidity and the DEV team is next level on innovation (NO 7 DAY WAIT TO GET TOKENS BACK TO L1 LIKE ON UNISWAP V3. 30 mins most here and 5 usd in that alt dropping to L1) but has a ways to go on hype branding and all the unfortunate things that seem to really move lower market cap alts and crypto in general these days. smilez

Another area we want to see improve besides cross chain ease of liquidity movement or friction is overall user friendly and overall understanding of how X project works and why in a simple new to crypto easy to understand way.

Fiat or real money on and off ramps esp when not exactly KYC'd (can get on or off large amounts of $ without an established identity via bank account etc) With P2P market places poping up once in the crypto land its relatively easy to obscure move swap whatever but getting large amounts on and esp off without using a name is a different story. short of buying btc etc for cash or getting hit 30 percent or more and use a good vpn and gift cards as payment there is really very few options here, In general this is a hugely under rep'd space _sh!t u cant even really move large amounts of crypto on and off (like millions) without creating some small to major waves through centralized accounts in your name let alone anonymously.

G3T In WH3Re ya F!t 1N ya all n never b skeeerd to take dem profits. HGM out and sorry for you loyalists and to lazy to stop following me for still paying attention. New babe again and 2 businesses so yaaaa its nuts but we will have more free content with a site for free resources in the future.

coinbureau.com/videos/4-defi-projects-to-destroy-robinhood/


General crypto Market info_
coinpare.io/ coinmarketcap.com/ coingecko.com/en

news aggregator/crypto news feed n more_
cryptopanic.com/

all things crypto market announcements etc calendar_
coinmarketcal.com/en/

wallet tracker_
app.zerion.io/connect-wallet

Eth wei_gas tracker_
txstreet.com/

dex’s we use:
app.1inch.io/
uniswap.org/
zks.app/en/wallet


aave yfi sushi 1inch uni snx uma lina dose eco.fi mask and always some LIDO after a good alt run (everyone new esp wants to take profits but they dont so they stake eth profits etc on L2 lido platform/project in stETH