Hyperinflation Volatility: Ride the Lightning Trading Strat
A lot of blind speculation is being made with CUB in every direction. I'm personally ultra-bullish, but I've certainly been wrecked before. During this hyper-inflationary stage it makes the most sense to farm a stable-coin pool (BUSD) to hedge against market forces.
At the same time there is also the CUB DEN, where apes go farm the core token without putting up any of them for sale. Trading this market during this hyperinflationary period will require balancing between these two pools. At least that's my personal strategy.
Everyone knows these yields are unsustainable.
Everyone knows more and more competition will enter the market.
Many want to sell back enough farm to cover the initial collateral.
We going up or down?
Don't know, don't care. Farming the biggest pool with half my stake a stable asset. We're good here. However, should I become more bullish on the market I'll certainly have to selloff some BUSD and get better positioning on the CUB DEN.
The ides of March
Considering how stable we've been lately (legendary for this phase) I'm gonna go ahead and guess we have a lot of people looking to buy in the $3-$4 range should it dip back to that level. Again, weird stuff might happen on Monday March 15 when inflation/yield gets reduced by 33%. I hope to see some panic selling, but who knows how it will go down.
Competition in the pools continues to get fierce as many farmers compound their farm by rolling in the rewards back into it. Regardless, the current yields are still extremely high. 3.3% a day on the CUB DEN. 7% a day on the CUB/BUSD & 6% on CUB/BNB. That's quite a bit of farm.
Enough about CUB...
Yep, as predicted, the groundhog did not see its shadow. Q2 has started early bois and girls. Back at all time highs. Don't be surprised if we dip a little bit... I don't expect real moves upward till we get into late April or May. Again, April 1 has always been one of the best days of the year to buy.
CUB, CUB, and MOAR CUB!
I helped two people ape into the CUB farm today. One of them doesn't know anything about the HIVE/LEO ecosystem, but I got them into Ethereum/MetaMask a while back so the transition was easy. They bought in for $5000.
The other person threw down $30,000 and has just a big a stack as I do... CUB TO THE MOON!
Conclusion
Still playing it by ear.
This market is too fast too furious.
Buckle up, buttercup!
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If the price of cub comes down, it would be the best to buy.. I bought about 7 cub yesterday making me have a total of 12, if I add it to the Airdrop I get. Got the 7 cub for about $42.
Cub is something I know would still have much more value later even though a dip can happen anytime. Its just an opportunity to buy more.
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What Bitcoin just did - make an ATH - is just another Tuesday in this market after correcting. I think it's likely there will be more upside in the near future. Wasn't there supposed to be six of these corrections before the top of the mega bubble?
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Holy Smoly! Gambling with 5k to 30k$! WOOHOO! Did you get in at minute one with the 70k+% APR? I suppose, when entered that soon, the initial money is returned already. But to enter now with such amounts is truly high stake gambling imho. Why are you so bullish on this one? Is this because of the LEO team? Or you have other reasons as well to be bullish?
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Because it has good token mechanics. Tons of utility will be added to it. Governance votes will be controlled by a token yet to be launched. I'm 99% sure we will maintain high yields and lure everyone from BSC to farm here after audits are complete and bridges are built.
Also this is all happening at the best possible time.
right before Q2 starts.
You have some good points. Need to check the Farms and Dens and CUB pricing. Maybe it's good to get some more CUBs. With the expected drama on BTC as of this morning, CUB values seem to be getting interesting again to accumulate a little more.
So many opportunities! CUB's are magnificent!
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I'm adding to the CUB - BNB pool. Might suffer impermanent losses for a while if CUB goes down in the short term but I think it will catch up to BNB at some point.
when you say "catch up to BNB" do you mean CUB would spike to $200+?
Because if so you'd suffer massive impermanent loss.
Oh no I know that. I mean that BNB will probably outperform short term but whenever CUB spikes it will catch up quickly and then more.
I decided to toss a little more in today... but keeping it in the CUB-BUSD farm; at least that way there's some hedging against insane fluctuations.
Since I'm only playing with small amounts (less than 100 CUB) I'm just compounding the CUB Den stake for now...
Still, feeling very good about this one... I guess because I sort of know the people behind the project.
=^..^=
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I was farming BNB-CUB for the first couple days, but luckily I pulled out at $4.00. I am however totally aped in the den and compounding everything. Is it a risk? Obviously. Could I get rekt and lose everything I put in? I doubt it but sure. I guess I'm one of these degens just riding the lightning, but I intentionally got out of the farm even though it makes more cub via inflation because as the price pumps I don't want to get to stuck holding a ton of BNB (which I feel is a drastically overpriced shitcoin) and lose a lot of the cub that I pooled on IL. I'll roll the dice.
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That's how legends are born.
Clayborn even.
Which is how my brain pronounces your handle for some reason 🤣
Can't wait for the DEFI apes from other platforms to come to CUB :)
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