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TITAN: How I Doubled my Money in Under a Week (post-crash)

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“Fall of the Titans”. Oil on canvas by Jacob Jordaens, 1638.

Despite the so-called death of TITAN, I’m playing with about 1.6B that I bought once I felt it bottomed enough. No, I didn’t catch it at $0.00000002, (more around $0.00000005). It’s currently around 0.00000010, so I at least doubled my money in about 5 days.

I didn’t bet the farm (I never do), but got enough that if the Iron Finance team figures out a solution, and the price pumps back up, I’ll at least have a moonbag stashed away.

I often like these sorts of situations, where a token craters to nearly nothing, and I can pick it up for fractions of a penny.

I did this same thing with KIN, when they were being sued by the SEC. I bought in at 0.0000029, and sold around 0.00030 for a 10,240% gain.

I figured that with the announcement of the lawsuit against KIN, once the price cratered, the asset would be derisked. The only question remaining was the verdict. But, for or against, any final judgement would be a plus for the price KIN.

The news would be in.

I mean, what’s the worst that could happen after a freaking SEC lawsuit?

Not much in my opinion.

So, KIN had to pay a fine, but in the judgement KIN was declared a non-security, something only BTC and ETH had of that designation.

…and the price zoomed up.

Solana is now on Coinbase, and since KIN is based on Solana, can a Coinbase listing be far behind? Hmmm…;)

There’s 2 outcomes to this sort of trade:

Put a little down, maybe a $100 bet, and see what happens. It will either go to zero, or?

If it’s anything like KIN, then maybe turn $100 to $10,000.

I mean, no less than a Mark Cuban vouched for Titan at one point. Iron Finance wrote a Medium article misfortunately entitled “TITAN and STEEL Emerge As Bear-Proof Assets” — just 1 day prior to its nigh-well historic crash.

I mean, they had a good thing going. They didn’t steal the money and run. It wasn’t even an exploit.

It was an unintended series of events.

A feature, not a bug.

In their words, “… the world’s first large-scale crypto bank run.

Do you not think they will try to recover?

I try to not let my cash just sit.

So, I visited Polycat again, and saw that their vault still existed for TITAN-ETH. Daily APY is 2.80%, Yearly APY is an eye-popping 2.5M%.

You got that straight, 2.5 million percent.

2,500,000%.

So, every few minutes I see my 7200 TITAN-ETH LP tick up. Every 5 minutes the number of tokens go up by 1. Half-an-hour later it’s at 7206. And with an LP dollar price to LP of about .04 cents I’m making about .48 cents an hour.

$11.52/day

$345/month

That’s if the price remains steady, which it won’t. But 2.5M Percent can make up for a helluva lot.

https://en.wikipedia.org/wiki/Titans

TITAN can still go to absolute zero, but right now, like the mythological Titans, it is in the hell lands of Tartarus.

but…

“…some of the Titans were allowed to remain free.”

Quickswap still supports the TITAN-ETH pair, and Polycat is still compounding, like a heartbeat, every 5 minutes.

I lost big once TITAN fell from $63 down to $9 (when I got out), and now my 1.6 Billion TITAN is earning auto-interest in a Polycat vault.

If TITAN doesn’t fail completely, who knows I might just make some money out of it.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/cryptozoa/titan-how-i-doubled-my-money-in-under-a-week-post-crash-673169ac264a?source=rss——-8—————–cryptocurrency

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