A little backstory first. I have been observing crypto since the beginning, but I am a conservative. I have put small amounts of capital into it around the end of 2016. I caught the Bitcoin train till the peak of 2017 EOY. I made mistakes along the way. I could have tripled my capital with LTC, but I sold at $89 while two weeks later it was above $300. At least Charlie sold.
Still, I made my first whole Bitcoin with LTC. I managed to get in at 0.0069 and get out at 0.018. I continue to have that one Bitcoin in a wallet somewhere, because I am sentimental like that. And most likely a maximalist.
Throughout the years I have been mainly developing algos that work with CEXes. Conservative strategies that keep their cool but thrive in the bull market. When I was about to exit XRP, I first put it through my bot routine, increasing the XRP stack by 100% in less than two weeks. Of course, my XRP position was nowhere profitable overall, because this token is the very definition of a shitcoin, but still the outcome was less painful than could have been.
Then came the DEX/DeFi craze. I was hoping to flip my LTC for BTC again (you can see I am fond of LTC) but as that seemed unlikely, four months ago I converted all my LTC into ETH, worth a bit less than four new iPhones. I have put it into a stealth trial run of AIM. Through many weird blockchain operations that stack is now worth Lambos. The lack of updates recently is mainly due to me getting lost in AIM.
The main problem is scalability, meaning how to make it work for all of you together and at once. My end goal with AIM is a conservative black box that protects your capital, makes little money in the bear, big money in the bull and interesting money in the blockchain opportunities.
Watch “The Big Short” if you have not yet. Christian Bale has found and exploited a market opportunity. AIM can find and exploit blockchain opportunities. I like to say that “Knowledge is power” while I listen to “POWER” by Kanye West. Am I a white nerd who likes rap and anime? Lets do a proper AMA some day.
Blockchain is just getting started, so do not worry about missed opportunities. More will come so start looking for them now before anyone else. And expect more things to come from me.
PS. Take a look at Blockstack. Will the next big thing be DeFi on Bitcoin? Or will it be *the* thing?