Ahmad Hammad
© 2022
Things I’ve messed around with recently.
Opener is a beginners guide to crypto and web3. If you're interested in learning more about crypto or know someone who is, send this to them.
I created 1,000,000 CEDO tokens and have a small liquidity pool pricing $CEDO at about $1 USD on Uniswap. I’m hoping to use these as access tokens for a DAO and other future projects.
**not financial advice
As a finance major the first thing I thought about when understanding the values of crypto currencies was trying to grasp the value created by these blockchains. So I took a key valuation method learned in my finance classes that many people know. The Discounted Cash Flow model uses expected future cash flows to understand the value of an investment today. In this case the DCF on Ethereum shows the value in ethereum driven by the demand for blockspace as well as cash flows coming to holders of ETH as the network is upgraded to proof of stake. Take a look here.
I believe that the majority of the world is missing out on significant opportunities to put their money to work. Currently people put their life savings in a bank, only to given only 0.00001% yield while they lend it out to other people for 10-20%. And they add significant penalties for withdrawals, transfers, etc. I believe this new crypto ecosystem allows for a fair yield on your assets. And after some research I found one of the safest high yield strategies for stable coins as well as ethereum. If you want to become a true farmer check it out here.
As with any new market place, volatility is significant. Knowing that I’ve decided to mess around with the status quo and dabble in some small time frame day trading. This script is able to mark a significant change in the rsi and ride that change for 3% gains in the form of a short or long position. I’m currently in the process of developing a bot to run these trades 24/7. Here's the script with some back testing if you want to check it out for yourself.