Making money in Decentralised Finance What is Decentralised Finance? UPDATE 1.2 Decentralised Finance is the financial system being rebuilt with software instead of middle men. In this example we'll be using USDC, a coin that is pegged to the price of the dollar, it holds this price because at any point you can exchange 1 USDC token for 1 USD on coinbase.com You can then immediately withdraw that USD from Coinbase straight to your bank account. USDC = $1 Dollar. Right now, | can deposit USDC into AVE for 15% returny AVE will then lend someone USDC for 18% interest. That's how AAVE makes money, and how | make money. AAVE is a computer program that does.alh his without a middleman, so far no one was. able scam AAVE, which is why around 6 BILLION dollars are deposited inside of it. This is extremely basic, but thisis ‘thé power the rulers of the world have always had access to, you just now have the ability to play the game. They do financial wizardry With the money you put in your savings account, they just give you fuck all. If they made 15% a year on that money, why would they give you any? You don't know shit, you have no idea how they use your money. They're scamming you. So that’s why the little guy, you, will start to move to the Decentralised Finance space, you have better ways to use your dollars. Why would the big guy move? Well, big guys dealing with Billions of dollars don’t like paying Middle Men something they could have software do for a fraction of the cost.Why go the slow route, where they need to triple check for fraud, pay the middle man, and go through all the bullshit? The software prevents fraud, has a very small relative fee, and is quick. It’s ano brainer once you're 100% certain the software and system is safe, In this guide, I’m going to show you the whole system and how to make money in it. (You can buy shares in AAVE, you just buy the token, | explain how it works in the guide). Welcome to the future. I’ve got to start with money. APY stands for annual percentage yield If you get a 365% APY on a $100 investment, within one yearyOu'd have $365. On average 365% APY is around 1% return a day on your initial investment) Most of you are getting scammed by the traditional finance system, your “Financial Advisor” is not as smart as you think, your Money is literally printed by a printing machine, and they can print unlimited of it. Your bank at any point can say “No, you cant havé your money”, and they're being reckless with your 401k money giving you the soraps> You're being scammed, you trade your lifé force for money, and the people who play the financial system make money as easlly'as you will make Money in De-Fi. Decentralised Finance is the entire Financial system being rebuilt from the ground up, but no one is in charge, If itis in fact the Future OFFinance, | don't know. But | do know BILLIONS of dollars have flooded into this market and made everyone who isn’t stupid insanely rich in the process. Just no one knows about it, YET. Remember, there was literally $0 in this space in April 2020. I remember when it was less than $18. MetamaskTotal Value Locked (Uso) Maker Dominance DeFi Pulse indox $33.04B 16.97% 380.98 3 Available from Indexcoop ©lndex Total Value Locked (USD) in DeFi ‘Tv\(US0) | ETH | BTC | 20ay | 30Day $408 sas $008 e209; Dey $108 X ‘To play in the Decentralised Finance game, you're going toed a Metamask Wallet, so this is, the first thing | will be showing you. ALL you need to play this entire game is sone Etherium in a Metamask wallet. ‘You can download metamask here. ll io/c ‘Once downloaded, you should havevit'as’a browser plugin, here | show you what it looks like on Firefox 1.0573 ETH 9 sereMetamask supports an Etherium Mainnet Wallet, meaning you can send or receive any tokens that are based on the ERC20 Protocol. Most Tokens you've heard of actually have an ERC20 equivalent, Below I've circled all the coins in the top 20 MC that are either on the ERO20 standard, or have an equivalent on ERC20, Blue means it is on the ERO20 standard, Red means there is an equivalent on the ERC20 platform. © coin Pree = th 2th 742th Volume Mit cap $3018533 -00% 5.2% 147% $69,875,360,321 $720,661903,050 sor sons7e89 ook ox 02% oe taneses cS © Polkadot vor $2015 -0.9% a $1818347648 $19,347696.654 st 6 © Cardano p08 Be 536% — SS7S06I6512 —$17029,512,802 YW 13 © Dogecoin joes0.04058822 72% 105% 49% $4,06518156 — $6,186,060,479 | 08% —-01% 656% —$1822,105.202 $5,880,712.210 06% 55% 151% $865605226 $4.683,240,133 tr 7 © Bioinsv sy $18954 14% 59% 99K ——$967A04,7ER —_$3,545,202,442 wr 18) gos ros $218 -04% 37% 168% — $3.003627340 —$3,095,348,326 a9 sm $2087 -0.7% -02% 76% — $871279215 —_sa,02,45q924 sr 20 @ cosmos som “03% 272% 80.8% — $\691267930 — $2865,421152Wrapped Tokens You'll notice WBTC, this is Wrapped Bitcoir This is a token that is equivalent to BTC on the ERC20 standard, or on the ETH blockchain. ‘There are reasons we'll go over later about why you would want to hold your BTC on the Etherium (ERC20) Network. (You can make money) Pll go over WBTC briefly since it's important to see how it works, httpsi//wbte.network/ There's the website, you send them BTC, they send you WBTC. At anytime a WBTC can be redeemed for a BTC. Metamask and GAS Everything you do with Metamask is going to cost ETH, this is interact with the blockchain, everything you do has to be written onto the “ey shain, and that requires a Gas fee. Gas prices increase and decrease depending on the Network, so some minutes will be more expensive Here's an example transaction and gas fees. Vv w ‘of people using the Etherium ers, 2 cheun tan OS customise Gos =e CustomizeGas oo Mon > @ overs. serie névoneed e e os Adored ns Estimated Processing Times Now Hoeacton ee RNY aes ahi gros 0.029225 ETH 14 (20872 osree $0.026654 $4495 rom 0.026654 $4495 Serdar oem Teneo ozaseaern | sendanoue oem New etl oozzaas ern | Tmomontee .ceaze5 1H Reject seus | New Toto o.ne3za5 EHWhen you attempt to do an action on the blockchain the leftmost image above will pop up on Metamask. If you click edit, you can edit the Gas Price you'd like to pay. The middle image shows you the estimates. | always recommend FAST if you need something done immediately based on changing variables. Slow can take hours or even days, Average is usually around 5-15 minutes Fast is S0seconds - 1 minute. These are always subject to change, as the gas price is constantly changing, If you click Advanced for customizing price, you can chose the exactaniount of Gas you'd like to pay. When you place a transaction you'll notice this appear in your Métdmask Activity: Queue (1) @® Swap Exact Tokens For Tokens -0 ETH Pending - app.uniswap.org -$0.00 USD If your transaction is taking too long, you ean use Speed Up to edit the amount of gas you'd like to pay, or even cancel a transaction, Canceling a transaction requires a bit of gas. You can use this website to see current gas prices: https://ethgasstation info/ Update 1.4: I want to mention, you only need Metamask to explore and operate the protocols on the Etherium network (There are other networks as well). This is to get you familiar with the environment. Most people buy De-Fi coins, and don’t even know what they are, they buyAAVE, having no idea how to use AAVE. Metamask is just a tool. Don’t buy AVE tokens on Metamask, you can buy them of FTX or Binance, and then you don't need to pay the $40 gas fee to acquire the exact same tokens. I'll repeat, Metamask is just a tool. Somethings can ONLY be bought on the Etherium Mainnet, that's when you'd use Metamask to buy tokens. A Lending Protocol To understand Gas and play with Metamask, we'll go to a webS app (An Etherium Protocol app). For our example we'll use AAVE (You'll notice they're the 15th biggest Crypto). httpsv/aave.com/ The link above is just a regular website, to access the webS app or AVE protocol, you'll need to olick “enter app’ ey THE LIQUIDITY PROTOCOL ,166,174.24 Seater een We will then connect to Version 2 You will then select Browser Wallet. When you do this, your Metamask should pop up asking if you to confirm you want to connect to this site, and telling you the permissions you are giving the site.epeestiowap Connect to Account 1You'll notice you are allowing the site to view the address of your permitted accounts, this is a safe feature. Be careful of the features you allow the web3 app to do. (n the Metamask Screenshots above, it is me connecting to sushiswap.fi, not AVE) After you connect to AAVE version 2, you should appear here. Coed Ou ram om nae © ws coin Tia.66M mm 12S ELI 25.10% @ revs. 466M 46am ae S Ds, soe @ worcsnuon sao saa RRS ae aaa Now you can make money! you wanted right now, as you can.see, you could deposit USDT and receive 11.90% APY for doing so. a bank! That destroys any sortof return you'd get Welcome to the power of De-Fi, especially since this 11.80% is nothing to get excited about in this space. Let's suppose you did want to deposit some money into AAVE to get some very low risk returns. In this example below, I'm depositing ETH (Since it's the only thing | have.) You'll notice, once you click Deposit, your Metamask wallet will open up with the image to the left, This is where you'll see your Gas Fee, and you'll understand why playing on the Etherium Blockchain isn’t for Broke Boys.@ vin > @ owr02. Pa Tce a ee 5 $0.01 a 40.07 ETH TOTAL 0.044688 7 Fela £ For me to deposit money onto AVE at the time of writing this guide, I'd have to pay 0.034688 ETH, Every move you make on the ETH blockchain vill fequire ETH to make. So, you need to take alll this into account ifyyou'te trying to make money in this game. For example, if it costs me $100 to deposit $10,000 into AAVE for 365% APY. That would take me 1 full day to break even (not considering it will take up gas to also withdraw) So now you understand.the basics of Metamask, and understand how powerlul it is. It gives-you access to a world where 11% APY is extremely boring. Update 1.4: I talk to some of you guys, and some of you are paying $100 in gas, to get a 20% return on a $1,000 investment. That's stupid. Take gas fees into account for every move, they are very real. Why is that stupid? It costs $100 gas, to DEPOSIT. You'll make $200 AFTER A YEAR (20% of $1,000). Now you need to withdraw your investment, that's probably going to cost a minimum of $100 in gas. So essentially you deposited $1,000 for a LOSS, or break-even. THERE IS NO SUCH THING AS FREE MONEY.I want you to burn that into your brain. As you explore the world of De-Fi, | want you to understand there is absolutely no such thing as free money. Every dollar you make, someone else gave you, money is never printed (except by the FED) So who is paying you 11% APY? The reason you get 11% APY on a USDT deposit is simple, someone else is willing to pay AAVE 17% to use your USDT. The next logical step is, why would someone be willing to pay 17% APY to borrow USDT? ‘An example use case: Well, let's suppose you have 100 ETH which is currently worth $600 each.and you have to pay $24,000 in bills but you have no money in your bank account. Let's also suppose that you think ETH is going to double in the\next month. This is when you'd use AAVE. You could deposit your 100ETH as collateral, and take Gut'a loan for around 40ETH ($24,000) worth of USDT. You can then use that USDT to pay your bil pay back the loan. \“and'then work your normal job to buy USDT, and For this example, let us assume ETH did actually double during this whole process. In this example, you made a very good decision by taking out the loan from AAVE instead of selling your ETH to pay your bills! In this example, you still wrt T00ETH after you paid back your 24,000 USDT loan. Had you instead sold’40,ETH, you'd end up with 60ETH and $24,000 to buy back ETH which is now worth $1,200 each, so you'd have ended up with 80ETH. Using a loan from AAVE would've saved you 20ETH or $24,000, and all you had to do was pay 17% APY on the loan, Again, there is no such thing as free money, and you need to understand the use cases. If no one thought ETH would go up in price, no one would want to take out a loan for USDT, they'd just sell thelr ETH and buy it back later at the same price, no no one would be borrowing USDT, meaning you won't get such a good return lending USDT. Here’s a list of common Lending protocols: httpsi//aave.com/https//compound.finance/ https//app.cream.finance/ Understanding Tokenomics. A big reason | KNEW SAAVE was going to go up in value was very simple, AAVE was the first lending / borrowing protocol | used when | started playing the De-Fi game. (Therefore, most likely, other beginners will hear about AVE first) And | wasn't the only one who knew, EVERYONE who played the game knew. The AAVE protocol as of writing this has 4 BILLION DOLLARS locked in it. You may have noticed that AVE will pay you 11% for depositing USDT, and charge 17% for borrowing USDT, that other 6% is a fee that AAVE collects. As of writing this, AVE uses part of that fee to purchase SAVE tokens. This means that as the AAVE protocol makes more money, the SAVE token gets more and more buy pressure, thereby increasing the value of the SAVE token, This is important, when investing, you can think of $AAVE as a shate in the AAVE protocol. If you think more money is going to go into the AVE protocol itself, that’s going to lead to the SAAVE token increasing in value. This is one way to make insane money in the De-Fi space, buying undervalued tokens. We'll go over this later in the De-Fi guide, AAVE for example was an easy 10x, it was\an obvious play. The Basic De-Fi Protocols There are 3 basic De-Fi Protocols 1) Borrowing and Leriding (AVE, Compound, Cream, etc.) 2) Exchanges (Uni, sushi, etc.) 3) Yield Farming (Yearn, Harvest, etc.) We've gotten familiar with AAVE, and gone over the use case for borrowing and lending protocols. Next we'll go over Exchanges. Exchanges ‘The most popular exchange, although it might lose its #1 spot soon, is Uniswap.@ Aave Chart Logarithmic Linear = From | Oct 2, 2020 | To | Feb 6, 2021 $600.00 $500.00 $400.00 $300.00 $200.00 $10) Sat 03 Oct 2020, 20:00:00 Price: $56.16 $0.¢ Vol: $59,594.22 CoinGecko Ss Talla ist lat i lhl | 0 Dec '20 Jan ‘21 Feb ‘21 https://app.uniswap.org/ This is fairly simple from the user's side, You just put the token you have, and put the token you Want, it will give you a quote, and you can swap them for each other. In the above I could turn 1.05ETH into 0.044WBTC. Update 1.4: Remember, there is a Gas Fee that will be charged. But how does Uniswap work?Ort) @ were Where are they getting the tokens to giveyou? Liquidity Providers Uniswap exchanges tokens-using a pool. A pool is like a bank., ‘To swap ETH to WBTC, or vice versa, you'd be depositing ETH into the pool, and withdrawing WBTC from the pool. ‘The price of WBTC or ETH is based on the ratio of the pool. For example, If you had a pool with SOWBTC and SOOOETH. That means that 1WBTC = 100ETH. So let's suppose you wanted to trade 100ETH for 1 WBTC.The way the pool system works, in its simplest form, is that you will deposit 100ETH into the pool, and withdraw 1 WBTC from the pool. So the pool after your trade consists of 43WBTC and 5100ETH. This changed the price, also known as Price Impact, or slippage. Now, 1WBTC = 104ETH. So that's what's happening behind the scenes when you make a swap in Uniswap, and you can actually see what's happening with the pool when you click Pair Analytics. GB WBTC-ETH Pair Oa Cy $294,139,924 Cee Goon $97,600,873 EPH) Era @ e796ETH Se Here we can see that this pool has 3,718 WBTC and 87,986ETH, giving a total liquidity of around $294 million. ‘The more liquidity, the less price impact on swaps. So, how does Uniswap get a hold of so much money?People like me and you (although they’re usually whales), deposit their tokens into the Uniswap pool to be used for swaps. Why? To get a % of the swap fees or Liquidity Provider Fees. Some protocols will even pay you for providing liquidity. Remember, there's no such thing as free money. Becoming a liquidity provider is one of the most dangerous things you can do in this De-Fi game, it's also one of the highest APYs you can get on your assets. So what’s the risks when you provide liquidity? Let's do an example. I’m going to start a pool. 'll create @ pool by putting in 10,000 SHIT and 10,000 USDT in the uniswap protocol using the create pool feature. So at current price that’s 1 SHIT = 1 USDT. ‘The Poo! now has 10,000 SHIT and 10,000 USDT (1 SHIT = 1 USDT) | also, really want you to provide liquidity, so I'l give you 650% APY on however much liquidity you add to the pool, I'll pay you this $650% APY in SHIT (I can create SHIT tokens from thin air). You start off by buying 2,000SHIT for 2,000USDT. ‘The pool now has 8,000 SHIT and 12,000 USDT. (1 SHIT = 1.5 USDT) You then want to become avjiquidity provider, this means you will deposit the 2,000 SHIT tokens and 8,000 USDT into'the liquidity pool (You need to keep the ratio) ‘The pool now’has 10,000 SHIT and 15,000 USDT (1 SHIT = 1.5USDT) Since you deposited 2,000 SHIT, and 3,000 USDT, you own 20% of the pool. This means you're making 20% of all swap fees, AND I’m giving you 3650% APY on your $6,000 investment (2,000 SHIT + 3,000 USDT is worth currently, $6,000), So everyday, you're getting around 10% APY, or $600 or 400 SHIT tokens! This goes on for 10 days, and you have now 4000 SHIT tokens and you decide to sell them. You get 6000 USDT for your 4000 SHIT. The pool now has 14,000 SHIT and 9,000 USOT. (1 SHIT = 0.64 USDT)Now, someone else just sold 10,000 SHIT tokens for 6,428 USDT. The pool now has 24,000 SHIT and 2,572 USDT. (1 SHIT = 0.10 USDT) Remember, you own 20% of the pool. If you were to leave the pool now, you’d leave with 4,800 SHIT and 514 uUSDT. At current prices, 4,800 SHIT and 514 USDT is worth for a total of $994, You lost $4006 from your initial deposit, but you gained 6,000 USDT from selling your shit coins earlier. That other person who sold 10,000SHIT tokens for 6,428 USDT is also happy. Me, the last guy in the pool, 'm left with 19,200 SHIT and 2058 USOT. You two collectively took the rest of my 10,000 USDT | started with, andijust left me with a pile of SHIT. The scenario was extremely simplified, but shows the danger of becoming a liquidity provider. A rule of thumb for providing liquidity safely, you should be happy to end up with more of either token. This is why ETH/WBTC has so much liquidity, the liquidity providers aren't too disappointed if they end up with more ETH or more BTC than they putt in, and they are collecting a decent APY for providing the liquidity (Somewhere around'6=10%). Here you can see on Uniswap how to provide liquidity or start your own pool. Pon Crean‘As you can see, | do provide liquidity to a Uniswap pool DEXTF, you'll see it later in the guide. Here's a list of exchanges I'm familiar with: httpsy/uniswap.org/ https/balancer.finance/ httpsi/sushiswap.fi/swap httpsu/www.curve.fi/ Update 1.4: Don't provide Liquidity, don't add Liquidity to a pool, unless you know exactly what is happening with your money and what the risks are. Many many many people have made huge losses through providing liquidity. Yield Farming ‘There's all these ways to make money in De-Fi, but it's constantly changing on which way is. the BEST way. This is where yield farming protocols come in, the most populaf'Gne being Yearn Finance. httpsi//yearn finance Yield Farming Protocols will find the best “no-tisk” strategies in the De-Fi space and farm them until they find a better strategy. (One week maybe they'll use AAVE, next weekmaybe they'll be providing liquidity to Uniswap. They are the galaxy brains, they're just chasing yields, and usually performing very complex strategies to earn maximum return with minimal risk. You deposit your money with them, and they'll turn it into more money with the maximum return. As you can see 38% "APY on a USDT deposit is possible, and that is unheard of in the real world, So how do they do it? | personally don't know, there's definitely a way to find out, but in general yield farms go through multiple protocols in very complex ways. For Example: They will grab your USDT deposit it into AAVE, take a loan out for USDC, use that USDC to offer liquidity to Curve, use the Curve Liquidity Provider tokens (LP tokens), and deposit those onto AVE, to take out another loan for ETH which they then stake on ETH 2.0. The above is an example of how they achieve so much yield.@ ws ; . " 28.59% 0.90 TusD © vs0.coin ; . 37.95% 0.00 usc DT ‘ es 38.01% doousoT mStable USD ‘ ane - 0.00% 0,00 muso aLink ¥ . 1.94% 0.00 aLiNk NO SUCH THING AS FREE MONEY. When they do all of this, they're exposing the capital to more risk than simply depositing USDT onto AAVE. Every Protocol car-have @ bug in it that can be exploited by hackers, so in the above example, if AAVE, or Curve are hacked, they'd lose your money. In fact, the Yearn DAI vault Gotexploited yesterday and 11 million disappeared, | don’t know how the Yearn team decidad to compensate the depositors effected, nor how the Vault was exploited. Here's a list of yield farms I'm familiar with: https://yearn.financef https://narvest finances https://homora.alphafinance.io/ https://beefy.finance/ (BSC, not ETH based) How to profit from De-Fi There's two huge ways that knowing about De-Fi can make you rich. First off, is you have access to insane (by traditional standards) APY on your capital.‘The days of 1000% APY isn't over, it's now just much harder to find such high APY that isn’t a scam. 30% APY is very possible, with low enough risk, if you have a lot of capital make use of these opportunities. Aipha Finance offers leveraged yield farming, this gives you access to 100%+ APY, but comes with the risk of leverage, DYOR (Do your own research). KeeperDAO offers a very respectful APY of 30%+ on WBTC and WETH. The second way De-Fi can make you extremely rich, is by ider capital guys are going, and identifying undervalued tokens. ing where the big In this world of De-Fi you can imagine each protocols as companies, and their underlying token equal to a share in the company. AAVE handles $4b, and the $AAVE token has a market cap of $5.6 billion BadgerDAO handles $1.4b and the $BADGER token has a market cap of $146 milion So, this leads me to believe that $BADGER is severely undervalued or $AAVE is overvalued (assuming they perform the same task, they do not) It makes sense that their TLV/MC ratio should approach each other and fill the gap. A very useful tool for seeing the TLV (Total Locked Value) inside Of 4 protocol is https:// defipulse.com/ | use https://www.coingecko.com/ to find MC (Market Gaps) You can also use https://www.coingecko.com/efi/defi to see the ratio of most coins. A coin is only as “cheap” as it's market cap. For example $BADGER is $146 million, SAAVE is $5.6 billion, BADGER i literally 50x cheaper than $AAVE, don’t focus on the price per token. UPDATE 1.1 An EVEN better tool I've found to.evaluate protocols. hittpsi/Awww.tokenterminal. com’ Market Cap:is the only thing that represents value. Comparing TLV and MC is a great way to identify undervalued tokens, you should also think about use cases. You want to ride the MC up when investing in tokens. Badger is currently MC #143 on Goingecko, once it's in top 50, there's probably better opportunities out there. Best example is honestly $AAVE, $SNX, and SUNI. We rode those up from below 100 MC into ‘the top 20, now we've shifted into projects like $BADGER, $BAL, $CREAM, $CRV, $ALPHA. UPDATE 1.1XRP, Doge, etc. Have VERY high market caps, therefore low upside relatively. The price doesn’t mean anything. Something can be $10,000 a coin and double easier and faster than something that’s $0.01 a coin, It depends entirely on Market Cap, but there is a psychological aspect Where new people will buy “cheaper” coins. UPDATE 1.4 Ihave to reiterate this point, SDOGE ISN'T CHEAP, SXRP ISN'T CHEAP. Guys, the price per token doesn't matter. The Market Cap is what lets you know how much upside potential a token has. Here's an example: SXRP is worth $0.47 each token, and has a Market Cap of $21 Billion. SMKR is worth $2,287 each token, and has a Market Cap of $2.1 Billion, if both tokens got an extra $21 Billion dollars poured into them. You'd have doubled your money on SXRP. You'd have 10x'd your money on SMKR. Yes, that $2,287 worth token, SMKR, had a 10x upside versus $XRP-whish had a 2x upside, if the exact same amount of money flowed into them. Stop buying “cheap” tokens because they're “cheap”. Using FTX to leverage long undervalued De-Fi Projects. An investing tactic | use is trading on the FTX centralized Exchange. Update 1.4: USE FTX TO BUY TOKENS IF POSSIBLE) DON'T USE METAMASK TO BUY TOKENS IF THEY'RE AVAILABLE ON FTX, YOU'RE PAYING GAS FOR NO REASON Even as an American you can sighupifor an ftx.com account, you simply need a VPN, and yes, it's absolutely worth it. use Express VPN, you cairlse this link for a free 80 days. http://bit.ly/SI78io\ As an American using a VPN you can still sign up to Level 1 verification, which gives you withdrawals of 2-9k USD per day. Everyone should sign up to FTX with an affliate link, it saves you 5% on all trading fees, you can use mine if you'd like below: https://ftx.com/#ta=7061091 FTX is the best derivates trading platform at the moment dus to the flexibility and coins offered. Most undervalued De-Fi Projects are available on FTX. Update 1.4: Why FTX?Because it lets you buy De-Fi tokens without paying gas fees (Saving you at least $20 per trade), and it allows you access to leverage. If you are playing with $100, there is still HUGE money that can be made by understanding De-Fi at it’s core. Most people buy Crypto knowing nothing about the actual protocol or why it's used. They're Traders, playing the game based on Price Action (the way the chart looks) instead of based on fundamentals like TLV (Total locked value), Volume, etc. The great thing about De-Fiis you can look at quantifiable metrics such as TLV, Volume, and you can see whether a protocol is growing or dying. When a company is undervalued, it doesn't dump. A protocol that generates $1 illion in fees every week will never be worth nothing, smart people will b every dip until the token isn't so obviously undervalued. My investing tactic has been to long undervalued De-Fi tokens with 1-2x leverage on FTX, you can set a max account leverage here:You aren't longing to sell soon, you don't care about dips. You use FTX so that you can hold $10,000 worth of undervalued tokens while only possessing $5,000 of capital. You can, in the long run, ignore the price action, if the token is undervalued, it's going to go up. UPDATE 1.1 Be mindful of funding fees, and liquidations. Funding fees will eat you up. UPDATE 1.4: DO NOT GET GREEDY ON LEVERAGE. Use it when you are extremely extremely confident. Its honestly best for 90% of you, to never use leverage. Beginners should set max leverage to 1x. use leverage to buy during a huge crash. I'm always 100% crypto, so how do | take advantage when the prices go down 40% in one week? | buy on leverage. Why? Because I'm extremely confident everyone who would sell, already sold. This requires competence and confidence, if you're a beginner, just don't use leverage, when you want to play with it, set max leverage to 1x. Using Centralised Exchanges to makeymoney in De-Fi I'm going to make an entire section on this, because some of you Aren't thinking logically. The goal in this is to make money. I you decide to buy $ROOK, there's many places you can buf it. You can look on Coingecko, and scroll down to exchanges. https://www.coingecko.com/en/coins/keeperdine. You'll notice you can buy it on Bancor, Usiswap, FTX, or Hoo. ‘So, knowing that Bancor and Uniswa, you'll need to pay a gas fee and swap fee, you have to add around a $20-$40 for buying it. Is that worth it? Well for most of you, it's not. And then you also need to think about, where do | want to store your $ROOK. You could put it on Bancor for a 20% APY, BUT, that would cost you $200 in gas fees. Is that worth it? Depends on your bank roll Centralised Exchanges, are in general, a better place to purchase if the option is available, Everyone of you should open a binance.com, and fix.com account. If you're a USA resident, or in a restricted country, you'll need to use a VPN.Binance and FTX combined cover 99.9% of De-Fi tokens that CAN be bought on a centralised ‘exchange, if it's not one one of those, you'll most likely have to go to Metamask and buy it ina Decentralised Exchange and just pay the gas fee for doing so. You can use this Binance reference link for 10% off fees: https://www.binance.cc/en/register?ref=LLRRIWI You can use this FTX reference link for 6% off fees (max possible): https://ftx.com/#a=7061091 You can use this referral link for a free 30 days on Express VPN (You can refund within the free 30 days) httpu/bit.ly/SI7BioV Projects that are currently very interesting. With each of these projects, should you decide to put your money intothem, | recommend reading the Whitepapers. Whitepapers are explanations of the protocel'and how they work. Use case: Good APY for wETH and other tokens. https://app.keeperdao.com/ ‘W KeeperDAo eer Ca Cr © senare aa cc ee PCM) Oy 8. Petr eCeey ate a Cee eedUse case: Mint Fund tokens, and provide liquidity for the Minted token/ETH pairs. EXTREMELY UNDERVALUED PROJECT. https://dapp.dextf.com/command-centre a Moe Ske Be Om. Sos © fess Use case: Use WBTC to get Digg, pr luidity for WBTC/DIGG pair, get great APY for holding BTC. https://app. onda Use Case: Get unbelievable APY on tokens you probably already hold. USES LEVERAGE, UNDERSTAND THE RISKS. https://homora-v2.alphafinance.io/ Use Case: Deposit stable-coins (USDT, etc.) for 1 year, get the entire year’s APY given within 7 days. Extremely useful to Hedge. Lock away 100k for 1 year, get 45k to play with in 7 days. 100000x better than any bank anywhere, Obviously hack risks.et https:// Use case: Yield farming on the BSC, essentially D.g@s fees, great for anyone with very small bank roll who wants to yield farm. https://app beefy finance/ Use case: Good APY if you beliéveithe $CAKE token is undervalued. LP the SCAKE BNB Pair for 200% APY. https://pancakeswap finance/ Use case: Decent APY, gives sudo leverage, must be bullish on SSNX https://staking.synthetix.io/oe SSTAKED VALUE oo ood ro $0.00 PrkerelV I rekihd STAKING More tools: Use case: To see what a wallet is holding and what projects they're in. https://zapper.fi/dashboard Use case: ‘To see what a wallet is holding and what projects they're in. httpsi//debank.com/3 ‘Bowe sot 9000000 susreas - Bra s100 saxce0 ssat 88 On $4238 0%00 si27 81 yar sco 280 soa One soot asmaa soot ye A Bi Alpha Homera > 916967707460 + em eseaneacrn suntssosa074| as ro vsocewern-eme — A~OPOULIDC 90783 sa re7 20746 a @ 49 usoceweri-em SATMABOLETUSDELBMSI6 ga ys 44 usocewenieem 424227007 USDC 10809 or gease BEA werscnenrens 27120 WeTH ada gs Capital Brakets ‘Someone with $100, has a vety diffafent strategy than someone with $5 million dollars. Ive played both games and Understand the mentalities in each. $10 - $20,000 Risk it All. This is the bracket where you should have the highest risk tolerance. If you're trying to make serious money, you need 10x or higher. You should be aiming for a 2-3x every few weeks or month, Understand this. You only have what the market gives you, you cannot FORCE a 2-3x move. You just have to hope the world has them popping up everywhere like they are right now and spot them. In this bracket you'll not be yield farming, or actually using any De-Fi protocols. You need to identify which De-Fi protocols the whales are using, understand why they use them, and then buy the tokens.An Example: This is the wallet of a 800million industrial yield farmer https://debank.com/profile/Oxb1 adceddb2941033a090dd1 66a462fe1c2020484 This is how | found $BADGER and $ALPHA. This whale | was tracking was putting HEAVY capital in them. He's playing the game with 300mil+, he isn’t stupid. ‘As you can see below, Badger 10x’d in one month, ALPHA was a 5x. 0000 Pe te ‘hw 07 Jan 2023, 19:18:00 | ‘Thu 07 Jan 2021, 14:09'06 rhe soars Vol $3267008 — They still have A LOT of gas left 16.go) they're sub 100 MC. You can then add onto the opportunity here by holding them with low leverage in FTX. So lets say you startediuan 7th, you have $100. You buy $100 of SBADGER and $100 of ALPHA at 2x leverage. (Conservative, 2.3x is around Where you want to be) ‘That means you have 12 Badger, and 238 ALPHA. We're going to ignore that you should be buying more as the price increases, keep your leverage around 2x. By the end of the month, you'd have $840 worth of Badger, and $666 worth of Alpha. That's a 15x gain in one month. And it was an obvious play especially in hindsight.You risked losing your $100 if the price of BOTH dropped down 50% from where you bought, which never happened the entirety of the month, Update 1.3 I want to clarify the use of this strategy, this is when you SEE an opportunity AND you should play this intelligently, thinking about the risks involved. 50% crashes DO happen. They're very real, Ihave added a Leverage section for those of you who want to understand this. $20,000 - $250,000 This is where you can start looking at higher risk liquidity providing or yield farming. Update 1.4: ‘There's a reason | recommend having over $20k before really considering these. That's because on the Etherium network, gas fees will be eating you up. If you're farming $40 an hour, and it costs $40 to sell what you'fé farming (due to gas fees), you're getting a HUGE amount of your profits taken, OR needto operate much slower. Slow operation would be selling what you're farming ond-evty day, which has more risk. When you're farming and making $400, you have no,preblems selling every hour, taking a profit loss, but severely reducing risk. You're aiming for projects where there is 100%.®)APYs on coins you believe will go up. The key is, you, need to have a theory and teason the coin will go up. if you ever think the coin will go down, stop providing liquidity immediately, and sell the coin you think will go down. A good example for this was pancaké Sap CAKE/BNB pair. CAKE-BNB LPThis started in August at an insane 2800% APY, you risked buying CAKE, so your risk was and is, if CAKE goes down. That was a big risk in the wild days, you had to be a visionary and see that BSC chain is a serious competitor to the ETH blockchain and pancake swap was the Uniswap of BSC. These are good with larger capital because 200% APY is respectable, you win as long as the price doesn't go down, When you do these farms where you're exposed to the token you're being paid in, | recommend dumping some if not all of the rewards, this is to hedge your bets. Remember the SHIT story? ‘You only made money because you sold your SHIT, if you didn’t sell those rewards, you'd have been at a loss! The risks are massive however as you can see in the Liquidity.Provider example | showed you above with SHIT and USDT. Update 1.3 In fact, these risks might be higher than the risk itall sé¢tion, and | want you to fully understand. that, you want to be de-risking as soon as possible» Update 1.4: ‘The only reason this is a higher bracket, i9 to fight gas fees from forcing you to take more risk than you would if there was 0 gasfees. If you have 100k to play with, You eon’t put 20k into a farm. You don't risk 20% of your portfolio into these, these are.very high risk high reward plays, and complex. Let me give you some fatmi.examples I've experienced, and played with, SFARM This was my first farm, with over 3000% APY at the time, we got in around $250, farmed. around 3 weeks, and got out around $280. | provided liquidity (LP) for the exchange between $FARM and $USDC, and was being paid huge APY in SFARM. As you can see, it's still around today, and we got out too early, should've farmed forever, but this was my very first farm. https:/Awww.coingecko.com/en/coins/harvest-finance#markets S$SUSHIThis was my second farm, but it was very brief, around the same APY as $FARM, this protocol had a huge scandal in the beginning, but was very ingenues, it performed a vampire liquidity attack on the first and largest Decentralised Exchange, Uniswap. I was an LP, liquidity provider, for SSUSHI - SETH, being paid in $SUSHI. It incentivised Liquidity Providers to remove liquidity from Uniswap and move it to Sushiswap. Look at the chart, everyone thought Sushi would die. https:/Awww,coingecko.com/en/coins/sushi SKIMCHI | never participated in Kimchi, but | want everyone to see what happens when a Farm doesn’t actually innovate or do anything. Kimchi was an exact Sushi clone. It didn’t have any REAL developers like Sushi, so even though you could argue it WAS sushi, it didn't have the community behind it, and also didn't have the first movers advantage. Kimchi was essentially a Ponzi scheme, look at what happened: httpsi/www.coingecko.com/en/coins/kimehi-finance SCAKE This was a protocol cloning the $SUSHI model, BUT, Of the BSC (Binance Smart Chain) network. This was the first Decentralized Exchange’on BSC, gave great APY for provi liquidity, and was tweeted about by CZ (owner of Binance) often. It was a good play. Look what happened. u it Vs SLUA This was a protocol cloning thé $SUSHI model, but it added a lock feature, it gave 8000% APY, but 70% of the rewards Were locked for 4-5 months. This is the only farm I've participated in, and didn't play it correctly. You can see it’s having a comeback, why? Because Iuaswap was on the ETH network, but the plan, was for it to be the first and number cone exchange on the TOMOE chain. A chain that isn’t really used, we have a lot of locked LUA we plan to sell, hopefully TOMOE chain becomes successful like BSC, https:/Avww.coingecko.com/en/coins/lua-token $250,000+This is when you should really just be looking to maximize your portfolio instead of finding new things to add to your portfolio. If you're sitting on 30% BTC, 30% ETH, 30% LINK, and 10% USDT. You have tons of potential you aren't using. You could turn some of your BTC into ren®TC and offer liquidity to httos://app.keeperdao.com/ You could swap some ETH for wETH and provide liquidity on Uniswap for the ETH-WETH pool. If you didn’t mind losing potential upside, you could provide liquidity for ETH-LINK, ETH- WBTC, LINK-WBTC. There's yield potential on all assets, even if only 5%, that is better than your current yield for sitting on the exact same assets, which is 0. 'd also recommend looking into DEXTR, which allows you to make a fund token, make it a fund of your long term holds, then provide liquidity for your fund token and ETH or USDT or WBTC. Now you hold your funds while they’re farming you DEXTF tokens. The idea of being able to put the tokens you hold anyway into yéhicles that give you yield starts to become very attractive in this range. Especially leveraged Yield Farms like SALPHA. Another strategy that is currently viable is putting 100k deposited into MPH88, locking it up for one year, and getting paid in 7 days 45%(at current rate) of the value of your deposit. This locks up your 100k for 1 year, BUT, you can now gamble with that 45k you just got for free. Every tool or project mentioned in here ha been placed above in the guide. Around 100k liquid, | recommend hedging your crypto exposure with some FIAT. We use a Forex Bot that’s available to all War Room members, it’s live performance history can be found here https:/Awww.myfxbook domlitiembers/realPalmFX There are ways to make decent 60-70% returns on your USDT or dollar backed tokens, BUT, it's not really a crypto hedge since the APY will go away once the orypto market starts to go down. This is why fixed APY returns like MPH88 are so powerful if you're trying to use use your profits. ve yet to find a better liquid return on FIAT than the Forex Bot above. The Principals It’s all about risk reward, and supply and demand. That's 100% of the guiding principals in investing. Risk and Reward.What's the worst case scenario, and how do | reach there. What's the best case scenario, and how do | reach there. And look at everything in between. Example: DEXTF is a fund protocol, a fund is a collection of assets, DEXTF will pay you for making a fund, and facilitating the trade between your fund and ETH (or USDT, or whatever) Here's the logic of why this is a very very good risk reward. Ihold ETH, LINK, SNX, etc ANYWAY, | already have the risks that those tokens might go down. The only additional risk | take is the gas costs for doing all this, and if the DEXTF protocol has a bug. My reward is, free DEXTF tokens, (On a 50k investment, we've been paid, so far 300,000 DEXTF tokens currently valued at $1 each) So, turns out the reward was amazing. But that's the process you should go through with any investment, What's the risk, and what's, the reward. Is it worth it? The rewards are always very obvious, you'll struggle the most figuring out the risks involved. Supply and‘Demand Why will people want to buy the token, why.will people want to sell the token. Why people will want to sell the tokeriis always extremely simple, they want money to buy stuff. Why people will buy will always 68 the complex bit and you'll have to try to understand who would buy it and why. Most of the time, you'llinéed'to use Supply and Demand, to understand the risks involved in a token, Update 1.4: If something can be farmed, that means it has constant sell pressure. Remember that, you need to ask yourself if people can acquire tokens without buying them, to see if there's, asymmetric sell pressure, Some protocols, do buy backs and burns, which doss the opposite, creating a constant buy pressure. Governance TokensI want to go over Governance tokens, because | missed out on millions of dollars by not respecting the value of a Governance token. Listen, 90% of the tokens you see, are just governance tokens. They give you a vote in the protocol (Company) Like a $BADGER token gives you a vote on the badger-finance protocol. “Why do | want a vote? | only care about money, what OTHER reason is there for people to buy SBADGER” That was my logic, and if | ever got a governance token for FREE, I'd just sell them all for money. | did fine, and short term, it always looked like | was right, but after a few months, 100% of the time, the price of the token went above what | sold it for. Why? Because in the future, it’s inevitable, that everyone who holds those ‘tokens will vote that they want a % of the money that goes through the protocol to go torthem, the token holders. So now, my current philosophy is that | consider governande tokens a % in the fees the protocol makes, even if that isn’t currently the case. Risk Management I'm a believer in Nassim Taleb’s Barbell theory. 90% of your portfolio should ba in VERY VERY safe investments, and 10% should be in high risk investments: Personally, to me, which Lcould be wrong, | consider $B8TC, USD and MAYBE $DOT, very safe investments. USD, | would make'a.blend of SUSDC, $BUSD, and money in the bank (FIAT currency). $USDT, $SUSD, and $DAI are either complex, or have some FUD involved, so | consider them riskier dollars. (I'm a fan of SSUSD because | theorize it should be worth more than $1, but again, itis a riskier dolla) SUSDC and $BUSD both are backed by very successful companies, and money in the bank is, traditional. (Although, the bank could freeze your account, so | consider them riskier too) There's going to be some complexities in what I consider very safe versus what you consider very safe, Example: | consider a USDC deposit in AVE, very safe.I considered DEXTF fund LPing, very safe. I consider USDT/BUSD LPing on pancake swap, very safe. BUT | COULD BE WRONG All the protocols (smart contracts) in the above example have been audited, which means a team of security experts have read through the code, and deemed it sate, Since every protocol in the De-Fi space has smart contract risk (hacking risks), even just holding money in your Metamask has risks (if you have a virus on your Computer somehow), the best way to combat this is through diversification. If you are playing with large capital like | do, diversify over protocols. Better to put 1 mil cover 5 protocols that average out to 23% APY than 1 protocol that does 40% APY. This applies to Metamask wallets as well, if you're playing with heavy capital, buy 5 laptops, all with their own independent Metamask wallets. And finally, if you're poor, don’t worry about the’90-10 rule. 20k isn't gonna change your life. Approach the 90-10 rule as you approach life changing money. If you're at $100, maybe do 0-100. Got to $5,000 maybe do 10-90, At $50,000 now? Maybe change it to 60°60. Reaching $100,000, I'd start to b&: mare conservative then risky, so let's say 60-40. ‘These are just examples, | do not know your risk tolerance or how much $100k will change your life. The risky side of the-barbell strategy, you should not be sad if it all disappears, that’s the point of the barbell. UPDATE 1.1 Amore complex strategy | use is the floating Barbell risk management strategy. Let's say you decide to run a 80-20 barbell. ‘So 20% of your total capital is in high risk high reward, the other 80% is in very safe investments. What | do is I'll have my high risk investment float from 15-25%. Markets have corrections.So, you will start with 20% of your portfolio in high risk high reward assets. As the prices rise, youll sell 1% of your portfolio based on the price, to a maximum of 5% high risk assets sold. This would leave you with 15% of your capital in high risk assets that have performed very well. When your high risk assets are going down, and you believe this is just basic market movernents, you'll end up BUYING 1% of your high risk assets, up to a maximum of 25%. This way when the market is done correcting, you'll make a profit as it goes back up. This will require you to know basic price action, and indicators as well as knowing how to place limit orders, whether on chain or on a centralized exchange like FTX. Scope There's many projects | believe will do extremely well long term, but you SHOULDN'T invest in those, not if you're trying to make money. You want to invest in projects that you think the money will flow into NEXT, so you're really looking for projects that will make money in 1-3 months time. Maybe people will only understand how good a project is in 6 months, in this case, there's no need to have all your Capital sitting in that project NOW, better to have your money itt the next winner, ride that winner up, and jump ship in 6 months to THEN go into that initial project you found. Money will flow to what makes them money TODAY or SOON/‘not what will make them money in 3 years. When | refer to money in this case, I'm talking about TLV. Example: Project B is useless now, but in 5 months it willaunch something GAME changing. Project A is very useful now, and stil isn't Very well known, You should put all the money in Projéct'A, while keeping an eye on Project B. More people will start to hear about Project A, and you'll be making money as people finally realize what amazing utility Project A has. Eventually, you'll start. se@ing Project B get some attention, maybe 2 months before their launch. YOU ARE STILE VERY EARLY. Keep an eye on the attention Project B is getting, but stay in Project A. Project A is useful NOW, millionaires are using Project A NOW, and the TLV continues to skyrocket. Around 1 month before Project B launches, you may want to ditch Project A, since around 3 months out, everyone who has big money is already in it, and there won't be much more money flowing into it, so now is a good time to move on, This is very important, i's about opportunity cost. ‘The cost for sitting in Project B while Project A is blasting off, is a waste.Maybe Project B has some set backs, you can't know. Find what is not well know, but making people money TODAY. Don’t worry about the super speculative stuff, if you do, put very small amount of capital in it Update 1.1 Examples of some projects I'm bullish in the long term: Solana Serum Other Chains Metamask doesn't only work with Etherium, it works with other blockchains as well. The biggest competitor being the BSC, tutorial here: https://docs, binance.org/smart-chain/wallet/metamask.htm| ‘The Crypto used for gas on BSC is BNB instead of ETH, and gas prices.are negligible on BSC, but there's also MUCH less projects being built on BSC versus ETH. Same principles apply, what I show in this guide is blockchain agnostic. UPDATE 1.1 Other chains that will be interesting in the future are Soldifia,drie that I'm eyeing personally UPDATE 1.4 You guys should really explore how the spacais developing and what gives a different chain the ability to compete with Etherium. Etherium is based on smart contractsyand always remember, protocols take serious man power to make. You can’t just switch your project over to a “better” chain, halfway through development. ‘Some chains, can be coded the same way as Etherium (BSC for example), some can't. For a chain to be useful, there needs to be things built on it. Now you ask, why would someone dedicate 5 years to develop on X chain My theory for BSC, is that it's very easy to move Etherium protocols over to it, Metamask works with it, and the gas is extremely cheap, it's backed by CZ, a billionaire, and backed by the entire Binance company, BUT it's centralised (do you care?). My theory on Solana, is that it's much more scalable than Etherium, they have programs built on it right now, and SBF Billionaire and owner of FTX), decided to build his dream project on Solana. If it's good enough for a billionaire and owner of one of the best exchanges in the World, it's good enough for me. They've also already made it possible to move ANY Etherium assets, ERC20 tokens, over to the Solana network. LEVERAGEFTXis one of the most powerful tools you have in this space, everyone of you should have an account. If you're American, you can use a VPN to get around USA restrictions (country of freedom lol) Use the link below to get a 5% discount on all fees, frx.com/#a=luckylue Now, | want you to use leverage CORRECTLY. First off, most of you should max your FTX leverage to 1x or 3x, do this for your own good. If you know you're a greedy person deep down, max it to 1x, you can do this in the margin settings. This is how you use leverage. I want $BADGER $ROOK and $BTC. | want 20% BADGER, 20% ROOK, 60% BTC, that’s my ideal set up, and what | want. | have $1000. So | have $600 of BTC, $200 BADGER, $200 ROOK. What | could ddjané what I'd recommend, is to put $1000 in BTC, and buy $200 of ROOK future contracts, and buy $200 of BADGER future contracts. This means | am now leveraged. | only own $1000, but | hold $1400 worth of assets. What are the downsides to Leverage? Liquidation This is when the collateral | own ($1000) cannot cover the amount lost in my futures contracts. So, | want you to NOT GET GREEDY with this\power. 3x leverage means you can buy $3000, worth of assets with only $1000 collateral (DO NOT DO THIS) My personal strategy is what Ido above, and because I’m very experienced, | do use more leverage on occasion. Ido sometimes go into stable coins, but it’s very very rare, You should ALWAYS be able to buy a dip, and this is what I personally use leverage for. Let's suppose this. | got into BTC at 30k, it begins to climb to 50k. By this point, I've probably taken 10-20% of that BTC into stable coins (USD), WHY? Because nothing goes straight up. I'm expecting SOME sort of pullback. Now, lets suppose it comes. And BTC hits 48k, AND | truly truly believe this is the bottom. I've been buying BTC from 49k to 46k with my cash.THEN it crashes MORE, blood in the streets, everyone is screaming, but | know this is the perfect time to buy. But I’m out of cash, So, this is where | use leverage. I'm not buying TOO much, | want to be able to buy MORE, incase I'm wrong again. The key is to not become liquidated. That's KEY. | just want to maximise the bull run, if | end up at $0, and we get another one in 3 years, okay, Vl play the next one. What I don't want, is to be shaken out DURING the bullrun and have it be the last one ever Here's an example of my mentality: Thesis: BTC is going to $100k If BTC hits 10k before 100k, | no longer am confident BTC goes to.100k, so do | care that | lose all my BTC if BTC hits 10 I see BTC as a store of value. If it crashes below 20k, | don't see institutions buying it Up, and | see retail afraid. My entire world-view of BTC changes. If this was my thesis, | wouldn't be AFRAID 6f a liquidation price at 20k. IF THIS WAS MY THESIS. You need to decide that for yourself, what's your thesis. BE CAREFUL USING LEVERAGE ONALTS. People are TRYING to liquidate you. TRYING HARD, market manipulation, everything. You only lose when you sell, liquidations being FORCED to sell. You should never liquidate. That should NEVER happen. Literally never, unless Crypto is ending, in which case, you were doomed to fail, that's fine. Crypto will rise again. But my personal belief, is that this one is it. Knowing WHY you hold a token. A lot of new people actually have ZERO real idea of why they hold a token, or what it does. “1 bought it because | saw it on youtube”“I bought it because I saw someone talk about it on twitter” I want you to understand, that should never be your only reason. If you'te in the War Room, and | tall you I’m buying some X token, okay, you can follow me, | have ZERO incentive for you to make a bad investment. If someone on YouTube makes a video about X token, they may have gotten paid 10k, YOU CAN'T KNOW. | also want to bring your attention to what | call “Narrative Tokens”, most notable examples being SXRP, SADA, $DOT, etc. | call these Narrative tokens because they don't actually have main-nets set up. Like RIGHT NOW, you can use ETH to play on the ETH chain, and make some money. RIGHT NOW, you can use ALPHA to do leveraged yield farming RIGHT NOW, chainlink is being used by many protocols as an Oracle These are projects that are currently, right now, doing things and being used by people. Narrative tokens are tokens where it's all promises, Update 1.4: Everyone of you should have a LOGICAL reason why yotPhold! the tokens you hold, | manage probably up to 10 tokens at a time. That's extremely difficult to manage, and requires a lot of research, you can't follow the news and the updates on $0+ tokens, and yes, you should be getting updates if you're investing in something, When to SELL; and when to BUY Understand this, you shouldn't be’basing when you sell or when you buy based on what you purchased at. ‘The ONLY thing that should dictate whether you buy or sell, is if you think the token price will go up or down from the present. Here’s an example of common mistakes most people make. Token A goes $1 -> $1.1 -> $0.9 -> $0.7 -> $0.9 -> $0.4 -> $0.1 So, let's assume you bought Token A at $1, MOST people, have some number they'll sell at, some random number, lets say $2. Some good news came out about Token A, it immediately went up to $1.1, you feel smart, and are now confident it goes to $2. Shit, it just crashed to $0.9, you now start to put more research in it, and start to not feel so confident about Token A. You tell yourself “I'll sell at break even”. Token A then goes down to $0.7!“Fuck, okay, I need to get out of this” ‘Token A begins to rise up, going to $0.9, you think this is it, you'll be able to get out at break even, Just $0.1 to go and you can finally be at peace. BAM, Token A just continues a slow climb downward, and most people either sell on the way down, or never sell and think “Fuck it, I'm not going to take a loss.” They take a 100% or 40% loss. Now let's go through what a professional does! | buy Token A at $1, I see the good news come out, nice! | sell 10% of my position at $1.1, 1 think it might go higher. Okay, | see the Token A price dropping, and Im surprised it's going back down, | begin to further research the token, and at $0.9 | changed my mind. This token is going to go down. | immediately sell 75% of my position at $0.9. The reason | don't sell all of it, is because there's a chance that because it dropped from $1.1 to $0.9 so quickly, maybe it does a tiny bounce, and | can start;Salling as it bounces, ‘Token A, CONTINUES to go down. All the way to $0.7, now.as a pro, | say, NO, going from $1.1 to $0.7 is panic selling now, there's been no new news. I'Sell another 5% incase I'm wrong. The token begins to rise from $0.7, | continue to sell'1 % of my stash as it rises up to $0.9, by the time it touches $0.9, and starts heading backdown,, I've sold out my entire position. Overall, we've taken a 10% loss. This is because the pro was making decisions based on what was happening. | don't think about “break-even”, | think about whether | think the token will go up or down, and what's the best move | can do in the presenty Most people try to reach break even, and waiting for that number lose it all. Remember, your entry price, is just some randonrhumber, The world doesn’t revolve around your entry. “i'l wait for break even", is the saMe.as saying "I just want to sell at $1.0675 because | like that number”, Let's now do Token B. Token B $1-> $1.5 -> $2 -> $3 -> $8 -> $40 -> $120 -> $80 Most people: You buy token B, and you want to make 3x on it. Nice, everything is going to plan, some good news just came out and it’s already at $2 within 1 week. BOOM, now it’s at $3 after 2 months. You sell them all, you made good money on it and can’t believe how easy its to make money in De-Fi, you're a genius. Onto the next project you were really interested in. Professional:You buy token B, you think it's much better than its competitors and is extremely undervalued. Everything going to plan, good news campout out and it's already at $2 within 1 week. You sell around 25% of your position at $2 for Bitcoin. You're still very happy with the token and have no reason to believe it stops going up. Nice, 2 months later it's hit $3, you think this is just accumulation, and start to see more hype of the token on twitter, you sell 15% to be safe. 1 month later is hits $8, you think damn, good call and take another 10% off, nothing has changed in your theory it goes up more. 1 month later, it's at $40, you can’t believe it, you start to think about why it’s gone up so much, and you believe it's just the beginning now. You didn’t fully appreciate how much better it was than it's competitor, and you sell 10% to be safe. As the price rises to $120 you continue to sell, you can't believe what's happening and only have 10% of your initial supply left. it then goes to $80 and you think to yourself you'll just keep that 10% supply until you don't believe in Token B anymore. You see, going based off the environment will make you MUCH more money, and save you money. Random price targets are more harmful than helpful. More more has been lost selling a winner too early than selling too late. Where to look for leads Follow everyone | follow: https://twitte.com/real lucky luc2 This is the wallet of a 800million industrial yield farmer https://debank. com/profile/Oxb 1 adceddb294 1 033a090d6166a462fe1c2020484 Wallet of another whale https://zapper.fi/dashboard?address=0x84d3414163a87596cd3ib6887cff8117bi5a7b83 Update 1.4: Twitter is one of the best places to find\indervalued tokens BUT, you need to understand the incentives for people. When someone is a known crypto\brand, them mentioning a token, especially ifit has a small market cap, their mention can often effect the price. There’s a well known principat when mentioning tokens, “Fill before Shill”, it means, you should buy tokens before mentioning them, There are MANY crypto twitter accounts who do not have your best interest in mind, that's not Where their money is made. There are back door deals happening all the time, tokens paying crypto influencers to mention their token, and convincing followers to buy some. Pre-sales is another good one, where an influencer will get a deal to be able to buy tokens at a pre-sale price ONLY IF, they mention the token on twitter. Very very very few twitter people will let you know when they sold their tokens, many of them are out for THEMSELVES. They are anonymous, they can ruin their reputation completely unaffected, they don't care about you: As you see above, | gave you two wallets to track. Tracking wallets is a great way to know the truth of what someone else is saying. You can SEE, when they buy and when they sell.Alll these reasons above highlight why you need to know WHY you're buying a token, ‘Some of you may also have a friend who is also in crypto. | implore you to take their advice based on their personal results, not based on their intentions, and they should be able to give a one sentence description of why the Token will go up. Most people are lazy, | get sent 100s of tokens | should invest in every week, 99.9% of them are amateur bets on shit information, and | do assume the recommendations are well intentioned. Friends and Connections are another good place to find undervalued tokens, but. Some of you may also have a friend who is also in crypto. | implore you to take their advice based on their personal results, not based on their intentions, and they should be able to give a fone sentence desoription of why the Token will go up. Most people are lazy, | get sent 100s of tokens I should invest in every week, 99.9% of them are amateur bets on shit information, and I do assume the recommendations are well intentioned. ve only got 1 guy who if he says he bought something, | IMMEDIATELY buy it, I'll ask him later Why we bought it. ve got a good amount of people who when they send melamhessage | buy it after some quick research and maybe questions. Personally, and | say this honestly, 100% of my:cOntacts are from the War Room. The chances that you personally meet real experts in the Crypto space is very rare. Why? Crypto people don't leave their house) they go to Crypto conventions, IF THAT. It's the same probability of you meeting a world.class chemist, you'll most likely not meet him unless you yourself are an expert chemist. Update 1.4: If you have any other‘tapics, literally any topic based around crypto you'd like me to write a section on, you can message me on telegram @warroomadmin. Videos can also be made. Investment theory: I'l articulate this later when | have time, but here’s some links that highlight my view of the world. https://cryptohayes.medium.com/pumping-iron-ae8a54a32ea2https://taylorpearson.me/thedragon/ https://www.youtube.com/watch?v=PHe0bXAlukO https://tradingeconomics.com/united-states/interest-rate https://www.youtube.com/watch?v=8NBSwDEf828 (Not entirely accurate, but paints the picture in an entertaining way) Final Tips and WARNINGS. Now have t ri and play around-with it. You already have enough tools to make informed smart decisiohs based on how much capital you have. Remember, there is no such thing as free money. For every seller there's a buyer, but also, a lot of pegple in De-Fi are amateurs. A lot of people taking way too much risk for not enough rewardsinif it feels too good to be true, it just might not be. If you're putting your money somewhere, you should have a very good idea of how you could possibly lose money, this includes everything about the money. This game is a lot like chess: With effort, you can see how It all goes wrong, you can truly know the risks, and play accordingly. If your computer gets hacked, the crypto on your Metamask is extremely exposed, if they control your computer, they control your metamask, they control your tokens. Protocols DO get hacked, two yield farming strategies I've used in the past have been exploited, luckily | was not in them at the time. Cream Finance Iron Bank Synthetic USD Binance Smart Chain Polkadot Remember, this is on ETH now, but it can move to other chains. De-Fi has just begun.Every Project | listed in this guide is subject to change, but the principals and what you've learned is forever. What’s next? De-Fi moves extremely quickly, | spend my full time researching and searching for the next protocol, or token that goes 10x. Everything above, when it comes to the specific projects that are great right now, I have no idea where they go in 6 months, and no idea where they are when you read this. This is why | focused so much on the mentality and system | use. Everything I’ve given you above is everything you need to know about De- Fi. You will make insane returns if you apply everything I've said above correctly. This world is fast moving, but that’s why there’sso-much money to be made in this. Even with $100, you can make serious money in this game. If you want to follow my exact moves or ask me any questions, join the War Room, | have a section-within the War Room where | tell people which projects I’m going heavily into and when I’m getting out. For those who are too bUSy'to put in the work, | offer my services entirely free for War Room members. I'm also open forany questions inside the War Room. This guide is a tiny fraction of the wisdom that can be found inside, this is just one member writing down what he knows about one aspect of crypto investing, and anyone of you reading this can 5x your crypto portfolio this year following everything I've mentioned in this guide. USE IT. This guide is a small example of the power of a network.Welcome to a powerful world you didn't know existed. I do hope this makes you understand, You don't know what you don't know. https://www.cobratate.com/war-room PS. Read this document through multiple times, don’t skip a single word, and this is not financial advice. You are entirely responsible for any money made or lost in this game. You also have access to an EXCLUSIVE NEWSLETTER, sign:up here: +httpsi//forms.aweber.com/form/33/1999436533.htm Update 2.0: From now on, | will be adding new settioris below here for ease of adding info. Be sure to read the entire guide and the updates On@update can be the difference between you making 500% returns and losing 50%. Coingecko Best place to find where to buy tokens. Use it. https://www.coingecko.com/en Simply search for the token name $SRM for example, then scroll down to exchanges. You'll see every marketplace where $SRM can be bought, and the price on each marketplace. Why “Better Tech” doesn’t always win.No crypto is going to beat Bitcoin as a store of value for at least the next decade in my opinion. | get a lot of people telling me about $BSV being the “real” Bitcoin, about this new coin having better tech than Bitcoin and it will beat bitcoin. Listen, Bitcoin is used for one purpose, to be a safe way to store your money, It doesn’t matter that it costs $100 to move it, people don’t care. Look at most people who put money into Retirement funds, they get a HUGE penalty when they decide to move it or cash out. Bitcoin isn’t Bitcoin because it has the best tech, in fact, it’s ancient tech at this point. Bitcoin wins because all a good store of value really needs is scarcity, security, liquidity, mobility, and TRUST. There is currently over 1 TRILLION dollars stored in the Bitcoin idea. Good luck getting the same into this new coin, no Gne Cares that the new coin has “better tech”. But there’s also places where betterntesh’ MIGHT win. Etherium versus Solana is a good example. Etherium has high gas fees ahd ¢an’t process many transactions per second (yet). But why doesn’t Etherium get immediately destroyed by the new guys? Because of community; developers, trust, and reputation. You have to think about what’s important, and what's not. Etherium is Decentralized, has the most developers, has the most developed ecosystem, is the most used, secure, and has the biggest community. To BEAT Etherium, you need to either beat it in all those spots, or get close to beating it WHILE ALSO, having better tech.Solana is the only one | see that can beat Etherium, because it is Decentralized, has many big developers working on it NOW, and is secure. BSG (Binance Smart Chain), is Centralised. So completely different market, AVAX? ALGO? DOT? ADA? ATOM? XTZ? EGLD? TRON? Well, what do they DO. If they’re trying to be decentralised smart contract application chains, those are already made. If you offer higher transactions per second, okay, that may be enough to beat Etherium. Why will you beat Solana? It's a decentralised smart contract application chain with higher transactions per second than will be needed in the foreseeable future. Even if they all doubled the transaction speed of Solana,that doesn’t matter. If ETH had no noticeable gas fees and transaction speed problems, Solana wouldn’t matter. The Tech isn’t as important as most novices think, everyone in the business world knows. SPEED is key. Is it the Top? A lot of people worry about investing in something at the Top. Here's the truth, you won't ever know when the top is in. I don’t even think about “The Top”. The game is to maké,as much money as possible while the money printer continues to go off\Let’s imagine this scenario. Three people join crypto as soon as they hear about it. You'll notice they join crypto when their balance changes from the initial $100 investment. These numbers are quite realistic assuming each (->) is equal to one month. ‘Tim’s wealth: $100 -> $400 -> $1000 -> $1600 -> $2800 -> $6700 -> $3800 -> $2500 -> $600 -> $20Jacob’s wealth: $100 -> $100 -> $100 -> $100 -> $160 -> $400 -> $220 -> $150 -> $30 -> $1 Alex's wealth: $100 -> $100 -> $100 -> $100 -> $100 -> $100 -> $50 -> $30 -> $1 -> $0 If you would randomly be assigned one of their timelines, with the ability to take profits at any time, would you not take the chance? Tim gets extremely rich off his initial investment, with the opportunity to take his initial investment off the table every month minus the last one. Jacob, was late, and STILL would have been able to take his initial investment off 4 of the 6 months he was in crypto. Alex got fucked, but he only lost $100, and Had-He been EARLY, that $100 could've become $6700 at its peak. These Only Up cycles could last 10.years, no one knows, you'll never know for certain, and shouldn't be.afraid to be Alex. Capital Rotation You should think about investing as Capital Rotation, honestly, too many people think aboutit'as trading. You want to park your money in places that you think give you the best risk reward. My “safe” places are $BTC, $ETH, $SOL, $BNB, $LINK, $SRM, $RAY, $FTT. How do | define “safe” places? They're tokens which | believe will be worth more in the long run. They’re the slow but steady climbers. | believe in them for various reasons, and |really don’t care about their price fluctuations, or | have set dates where | will keep a serious eye on them. $SRM | will be reconsidering starting June 2020, and $RAY | keep a general eye on. | consider these tokens low maintenance, or safe zones. The way | think about investing is this. I see token X, | believe it has a decent chance to succeed, and if it does succeed | think it will end up being a potential 20x. I'll go through my safe places, decide the one | think will go up the least in the short term, and move some money from a safe place to that high risk high reward token. Now, | am a hawk on token X, I have notifications forall news, I’m taking profits (putting them back into a safe place), and gétting ready to bail at any moment my theory about token X changés» And this is the game, you're just rotating between opportunities. Researching a Token Someone asked me for myStep by Step guide on what | do to research a token. 1) Hear about thétoken from someone credible. 2) Look up token’6n coin gecko 3) See when token price was first available on coin gecko 4) Go to their website to understand what their vision is 5) Check the road-map of development 6) Check the team involved 7) Look at the GitHub and see how often it’s being worked on 8) Look up the cash tag of twitter 9) Look for any competitors 10) Join their discord and ask questionsOnce I’ve done all that, | have a good grasp of all the data | need to make the decision, this entire process is time consuming. If the person telling me about the token is extremely credible, the token is brand new (under 24 hours), and | understand exactly what it’s doing immediately upon seeing the website, I'll often skip the rest and just buy it. If the token isn’t on coin gecko, you’re extremely early. Earlier you are the more risks and more rewards. Being very very early is the best way to make serious capital. Liquidity Providing and Yield. | have to repeat this. THERE IS NO SUCH THING AS FREE MONEY. A lot of people are misusing LP farming opportunities. There's two LP yield farming scenarios. 1) Ponzi, get in, get out 2) Good project, long term hold. Scenario 1: If you are only buying the token, $SHIT, so you can add liquidity (Liquidity providing) to the $SHIT€ $BNB pool, so that you can collect 14,000% APY. You are playing’@ Ponzi game. And, you're probably playing it wrong. Why? Because people buy $SHIT ONLY to yield farm, this generally comes with avery fast pump, and a very brutal dump that will never recover. If this is the game, it’s best to just buy $SHIT, and sell $SHIT as it pumps. You'll make more money, because as an LP. you reduce your upside. Let’s suppose $SHIT is worth $1 and $BNB is worth $100.You'll buy 100 $SHIT and 1 $BNB, and pair them, getting 14,000% APY, or 38% a day. Let’s suppose $SHIT becomes worth $10 each within 1 day. You're going to lose a significant amount of upside. With SHIT growing in value by 10x in one day, you've lost around 70% of that upside (very rough estimate using the below article) ne ing-the-xyk-model-of- - liquidity-7340fdc20d9c You'd think that you'd be at $1100. $100 shit x 10 + 1 BNB = $1100 WRONG. You're an LP, you suffer IL (impermanent loss), you'll actually only have around 30% of that. Or $330. That is still tripling your méney, and | didn’t add you the 38% a day, so let's say your initial investment is now worth $455. Well, had you just bought $SHIT, you'd have made $1100, so you lost over 50% of the upside: The APY on most of these Ponzi farms are just marketing tricks, and if you're going to play these games, it’s best to just buy the $SHIT token and sell it as it pumps, you'll make more money that way. Scenario 2:You’re buying $GOOD because you like the token, you think it has a real use case and will go up in value, and you think it’s going to go up for a long period of time. You notice they give a decent APY of 600%. You won't be selling the rewards as the token price goes down, because you strongly believe it will be worth much more in 3 months. It’s high risk, but you're confident. This way might actually make you MORE money than just buying $G400D and selling it as it continues to go up. This is, in general, the only LP yield farming you should be doing, and you should be VERY prepared for some dumps, most people just dump the rewards. Examples of Scenario 2: $CAKE $SUSHI $SWIRL (We shall see if I’m right) $ALPACA (We shall see if 'm right) Adding a new.token to Metamask 1) Look up the token on coingecko.com 2) Copy the Contract Address 3) Go to Metamask 4) Click Add Token. 5) Go to Custom Token 6) Paste the Contract Address in Token Contract Address. - 7) Click Next. u ox @ 8) The end, the amount of New Token you have in your | Add Tokens ‘Swirl Cash (SWIRL) Ex 150 5e0p0 mo ie ‘ece2orosnn4ns29e4o 2568 vsoseso ESE _ " cones nee 9 ome > Community Twter © Tegra i iwallet will now be visible. Potential Market Cap is the only indicator | use for a token's potential. If a tokens market cap is $1million, only $1million dollars has to be convinced to move into the token to double your tokens’ value. If a tokens MC is $1billion, now $1billion has to be convinced to move into the token to double your tokens’ value. The hard part is evaluating how much money-ydu think will move into that specific token. One thing | like to do is compare it to a similar token. For example, $SOL (Solana) I'd compare to say $ETH, $BNB, $TRON. For example, $CAKE (Cake) I’d. compare to $SUSHI. $CAKE is just the exact same thing as $SUSHI butjon the BSC network instead of the ETH network, Obviously, it’s not this’simple. For $CAKE vs $SUSHI you'll need to make it relative to the network value, you'll also need to take into account that $SUSHI isn’t the #1 AMM on Etherium, but $CAKE IS the #1 AMM on BSC. If you see some coin you think is a literal scam with a $100 Million Market Cap, then why can't your actually useful and solid project hit $100 Million Mc? Where to start?I'm going to suppose you have ZERO crypto exposure at all right now, and I'm going to give you what | consider a “safe” solid exposure profile that should be good no matter when you buy this. $ETH $BTC $BNB $LINK $FTT $SOL These should give you exposure to most of the outcomes that come in the future. Now how would | move this around in %. 40% ETH - 25% BTC - 7.5% BNB - 12.5% LINK -7.5% FTT - 7.5% SOL This is not precise, I'm writing this as of April 21st 2021, BUT I’ve been suggesting this as a safe stack for War Room members since January 2021. It's performed very well, and | believe it will continue to do so. There's still A LOT more you can do to yotir portfolio. This is just a very very simple way to start. Now, you should start researching.and looking for critical infrastructure on all the chains. $CAKE for example is the ‘only real DEX on the BSC network. So $CAKE has more risk and more( reward than $BNB in general (but keep in mind $BNB also gives exposuré to the exposure of the Binance exchange.) Theres many highet risk higher reward projects out there, | simply can’t post them because it'd be irresponsible for me to do so. I'm tracking the fundamentals, I'm ready to leave them at a moments notice, I’m constantly shifting my funds around. So unless you have me literally on your telephone with notifications on like all War Room members, it wouldn’t be responsible for me to tell you exactly what I'm doing at all times. Entry is fine, but you need an exit. The list above, | don’t see a future where the FED keeps printing money, and you need to EVER exit. Only Up.QUESTIONS? Message me @warroomadmin on telegram any questions about the guide. | come up with these updates because someone asked me, If you have ANY questions on a specific section, or don't comprehend, send me the sentence/paragraph/section you dor'Lunderstand, and I'll try to clarify it.