Keep learning in the DeFi space

Stephen_E · February 3, 2021, 9:25pm

I’m not a developer! I’m a musician

I started my own music marketing company as a side gig and it has done pretty well during lockdown.

I’m interested in trading this bull market, selling at the peak (), and hodling till the next bull. Given my level of obsession with crypto right now, I think it’s possible that I’ll want to be more involved than just researching new coins, buying dips, tackling ICOs, and staking long term.

I think I’m a good writer so maybe someone will want me to translate crypto speak into normie talk? That’s the only skill I feel like I can offer to a crypto company… anyway…

What are your crypto goals?

Regarding the courses I’ve taken, I’ve completed all the basic courses on btc, eth, and defi. Just finished the trading course and am on the algo trading course. I may concurrently take that with the JavaScript course since some coding is required. I’ve never coded before so I’m not exactly sure if I’m going to dive into that or not.

T.O.B · February 3, 2021, 11:09pm

“I’m interested in trading this bull market, selling at the peak (), and hodling till the next bull.”

Ivan On Tech has their own set of indicators on Tradingview.
It’s a subscription, but I’d recommend looking into it.
For long term HODLing, it has some pretty good indicators as to when to get in, and when to get out for a while.
I think they have a free trial available, but you’d have to look into that.

T.O.B · February 3, 2021, 11:10pm

Really dense material in this one.
I’ll be coming back to it at some point I’m sure.
This is the kind of information that can take a while to sink in, and needs a LOT of practice.

Stephen_E · February 3, 2021, 11:31pm

I already got the BSI subscription for trading view

T.O.B · February 4, 2021, 10:42am

It’s good.

I’m an ex-muso (classical). 52 and never done coding before either.
I figure that I’ve nothing to lose learning it, and maybe a lot to gain.

DJaySplash · February 8, 2021, 10:03pm

I was thinking if there were possibilities to make liquidity pools for multiple coins or tokens but one type of stake so you can decrease your risk if one coin/token fails and benefit off of multiple APY depending on the token.

mruth98 · February 9, 2021, 3:47pm

Thanks for the great course. Quite a lot of info to unpack!
I recently checked our ‘Farming Bad’ METH tokens and initial liquidity pools with the names of each character from the show, Breaking Bad. It was an Adam Hodl Twitter recommendation. The APYs were insane. I didn’t end up investing but was interesting to explore.

Bhujanga · February 14, 2021, 10:49pm

Absolutely amazing! thank Amadeo. I will take a look into DeFi and try to learn something new every day

KyleO · February 17, 2021, 2:11pm

Thanks for the good work Amadeo. You doing great things for the community

rockin_rolla_ryno · February 20, 2021, 7:28am

Thankyou for the course!!

Capig · February 20, 2021, 6:42pm

Hi Amadeo,

Thanks for the knowledge, I have been dabbling in Defi for a bit but getting a clearer understanding will allow me to take the next step…

Geri18 · February 20, 2021, 8:04pm

Since the Corona breakout it has been shown how decentralization is a must: FB, Twitter, Goggle bans, the Robinhood case etc., it’s been piling up for quite a long time.

Osgren · February 21, 2021, 5:51pm

Thanks for the course! A lot of information, still trying to digest all of it. ^^

Daf72 · February 23, 2021, 11:00am

Aleph.im is one of the project I’m definitely eyeing

Farfan86 · February 24, 2021, 2:53pm

@amadeobrands thanks for this very interesting course again. Your teaching style was very clear and detailed.

One project that i came across today, courtesy of Ivan, is Plasma Finance, https://plasma.finance/.

Basically it provides a user friendly dashboard where the user can invest, store and manage their Defi funds across. You can do your portfolio management, invest in LPs, lending, borrowing, Fiat on and off Ramp through a bank card supported by Plasma Finances own company.

All Liquidity pools, savings deposits and Defi assets are pooled into one simple dashboard that is very user friendly and akin to having one in a centralized exchange. As a user i can choose which asset or pool to invest in and it is cross-chain so it could be in ETH, Binance Smart Chain or Plasmas own chain. It is an interesting project to look it.

Farfan86 · February 24, 2021, 2:59pm

Maybe we should come up with a token that reduces gas fees. I know Ivan talked about a token , maybe it was chai something but i cannot recall it correctly, that allowed the user to reduce their gas fees.

It could be a platform that sells gas that users can buy and the gas token price increases or decreases depending on the GWEI of the day. So maybe if e.g. the token is bought for $1 and Gas price is $1, then great, you can exchange the token for ETH and pay the gas price. But if gas price increases to $1.5, then maybe some tokens can be burned to increase the price and then that $1 token could be worth $1.5 in order to meet the gas price. I am not technically proficient in programming or tech, so this might just be my laymans sci-fi.

Bear_Sanity · February 27, 2021, 12:50am

Like many right now the Binance Smart Chain is what is getting me excited. I have been in Defi for quite some time and remember back when $10 for eth fees seemed high. I’ve grown tired of paying over $100 to make a transaction. On BSC the highest I’ve paid for a transaction fee was something like $0.40 which feels great and makes trading smaller amounts of money possible again.

codinginlondon · February 27, 2021, 7:35pm

Thanks Amadeo. On my way to the DeFi 201 course…

Jaakko_K · March 1, 2021, 1:27am

Thanks @amadeobrands once again for great course.

And thanks @Farfan86 for bringing out this Plasma Finance. This is just what I was thinking during many of the lessons, that if we want to bring newcomers (like myself) and masses to these DeFi platforms, these services need to be intuitive, easy to use and if possible, in one place. Maybe some kind of entry level dapps would be welcome too.

The underlying technology and ideas are awesome and will keep delivering.

See you on the next course!

LenoraEl · March 3, 2021, 2:50am

Yea, while I am going to definitely keep going, it was a bit anticlimactic when you get all the way to the end and you are unable to build. I agree with a number of the students who said that most of the new tech needs to be focused on the new comers who aren’t tech savvy. Even if we can learn to do more we have to approach this like the IPhone (even though I’m in the Galaxy myself…lol) I’ve been moving around the small amounts of crypto that I have just so that I can interact with these interfaces and it has been alot of work for minimal return. The genius of the IPhone was that you didn’t actually need to be a genius to use it. While we are still learning and I’m sure we will get better over time, the average person wanting to save and grow their money would be completely lost in the sauce. just my 2 cents.