Based on the range I have been using to capture most of the DEC normal price range volume we are nearing the bottom of the cycle for price and should start to increase slowly toward .0008 again where more selling pressure will kick in again as the DAO or company sells DEC and now we should be seeing eventually buying to pick up cheap DEC and buy it back by the DAO and they can later re sell that for a profit increasing the DAOs value. I will be doing a similar thing and running a LP on v3 using various strategies such as collecting the swap fees within the likely ranges, removing liquidity when at the bottom of the range to get some additional appreciation on the DEC part of the equation then add that DEC back in near the top range and start selling a bit before the top range and into the top range and sell as much at higher prices as possible and then add the liquidity sold back in as a one sided buy order starting half way down and dcaing in to DEC which will be added back into the lp to accrue more fees based on the profit earned growing the LP by the larger spread on the longer term trades as well as the smaller 1% swap fees on frequent trades. Also have a DCA order on SPS to buy the cheapest way possible and let prices come to me and spike down so I can then pull my liquidity getting the last bit of SPS I want staked back since I sold a few million SPS a while ago but now its about 75% off so might be a good time to get some of it back so I can at least power two of my wild bots with a full profit and the rest hopefully at break even to gather SB cards. Would be nice if the bots still worked with a bit of tweaking and adding of some cheap CL cards to the mix to get it hopefully in diamond one where it can generate enough GLINT and SPS to cover costs and either profit a little or get SB cards.
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splinterboost (60) 4 months ago