Part Two was meant to be about the trials and tribulations of becoming a Vendor/ Broker on LocalCoinSwap. But was just too busy moving crypto from cold storage to fund the LCS wallet, opening burner bank accounts, taking fait out and in of ATMs, and repeating. Maybe that story will just have to be Part Three instead. Or maybe will save that for the next Crypto Winter.
Close Enough Is Near Enough
Couple weeks ago we starting selling again. The idea is to liquidate 20% of the remaining Bitcoin every Wednesday. With the hope that we can squeeze any remaining juice from whats left of this cycle. It was always the plan to sell on the way up and down the other side. “Close Enough Is Near Enough”.
The above is called The Anatomy Of A Bubble. Are we at the Delusional or Denial stages? Pb0x is as good as proxy as there is. Going by the posts I have been reading lately I would say Denial or we have just past through it.
Some things to think about:
- a near-perfect Elliott Waves pattern on the monthly price chart
- confluence with Wall Street Cheat Sheet and Anatomy of a Bubble frameworks
- HODLing behaviors that we don’t see in bull markets. Falling engagement
- lack of healthy churn among market participants
- elevated leverage, particularly among amateur traders who are most likely to make mistakes - superficial similarities with early 2014, 2018, and 2022
- deteriorating economic conditions in the US
- persistent downtrend in net ETF inflows, though this week spiked quite high (don’t know how much of that comes from funds using ETFs to offset short positions in derivatives markets)
Disclaimer this summary is from “Crypto is Easy” 25 April Market Update, hence the big words.
As some of you may remember we subscribe to @MarkHelfman’s “Crypto is Easy”. He has given permission to use.
When Altseason?
Think @BitcoinBaby may have nailed it when he called it 2024.
We are selling all our Altcoins as time allows. Some 100% and a few of the larger hodlings 50%, 20%, 20% etc each Wednesday.
Whats Next?
Keep converting crypto to fait using USDT as value storage. Once we have enough fait to meet our immediate needs, will just keep in stables to fight another day.
Support Your Local Paranoid Psychopathic Crypto Anarchist's Grandson Stacking Sats
Tip, like, follow and use the referral links below, as all the crypto dust goes to supporting and helping our 6 year old Grandson become a future OG.
Click on the images or if you prefer the corresponding URL link.
Bitcoin (BTC)
FreeBitco.in has the title of Longest Running BTC Faucet (since 2013). Earn sats, Reward Points and Lottery Tickets every hour with the longest running Bitcoin faucet.
Use the reward points for 1000% 500% 100% and 50% BTC Bonuses, Wheel of Fortune tickets or more Lottery Tickets. Get daily compound interest on BTC deposits, over 30,000 sats.
Currently paying 2 sats every hour and 4 Reward Points per roll or with the 1000% BTC Bonus 22 sats for a day. It has paid briefly 3 sats in the deep dips
The Grandson has already withdrawn 150,000 sats, so we have to start all over and the new balance is 18,000 sats.
You also have the option of purchasing their native FUN. But have not explored their FUN tokens, as we draw the line at paying for free stuff.
https://freebitco.in/?r=51015545&tag=pb0x
Earn coins from hourly faucet roll, games, surveys, watch PTC ads, multipliers, earn interest etc.
Minimum withdrawal 50,000 coins direct to your Bitcoin wallet ($5 BTC), no withdrawal fees. Or redeem coins direct to your DOGE, DASH or LTC wallets (minimum $3).
Can use PTC ads and surveys to get a payout within a week or quicker.
12 BTC payouts so far to FreeBitco.in, but currently withdrawing LTC to MexC to add to Grandson’s USDT stash. Getting ready for the Crypto Winter.
Recently revamped site. Earn BTC with faucet, level ups, games, betting, promo codes, wagers and tasks. 50% referral commission. Been using their Bitcoin faucet coming up 4 years. Possible to earn 1000+ sats a day when got time to play.
Made the 30,000 sats minimum threshold and sent to freebitco.in. Note there was no fee to make the withdrawal.
https://freebitcoin.io/?ref=150742
Solana (SOL)
As Solana makes up 20% of the Grandsons portfolio, getting free SOL is of interest.
This is more of a community notice for the like minded SOL collectors. As it is run by the devs, there is no referral program.
Been using solfaucet regularly for over a couple years. Earn 0.00001 SOL per day, regardless of SOL value at the time. The SOL is instantly paid to your Solana address. Note the earnings get paid out monthly but show up in your wallet as individual transactions.
There is a catch. All new addresses must maintain the minimum rent-exempt balance of 0.00089088 SOL to be able to claim from the faucet.
The faucet is supported in part by the Shinobi Systems validator.
https://solfaucet.togatech.org/
You get 2x Bonus rewards and 10 free rolls for the 1st 24 hours on registering. Minimum withdrawal is 0.00250000 SOL and transaction fee is 0.000100000 SOL.
Also has Surveys, Games and Contests to earn more. Minimum faucet roll is 0.000001000 SOL at Stone Level, playing games/surveys will help you reach higher levels.
Master Level pays 0.010000000 SOL.
Have not withdrawn yet but have earned 0.0536 SOL and progressed to Bronze (0.000005000 SOL). Next level is Silver (0.000015000 SOL) but need to earn 1.000000000 SOL from games and surveys. 17% of way there.
