$AMPL Hunger Games - Report #1

Ok, this week has been a complete fuckery in terms of rebases & price action.

I also failed to keep track of accurate numbers these days.

For that sole reason (and because I want, why not), I'm revamping the 'challenge' and starting up again.

Meh, you don't know how to lose...

Quite the contrary, in fact, I'm buying the remainings crumbs of a few whales and doing quite a risky bet (for your entertainment & mine).

1/ I withdrew both ETH & AMPL from the geyser & Uniswap, because I didn't feel 'safe' enough

We're talking here about the risk of AMPL + the risk of Uniswap + the risk of Geyser + exposure to ETH which I'm not really that interested for a few more rewards.

I'm OK with a huge amount into AMPL rather than get diluted by all this process.

After all, this is a 'trading/speculative' challenge.

2/ Started out with 1,35 ETH + 440 AMPL's (~1000$), had a couple hundred in losses and thought 'fuck it'.

Sold all ETH for more AMPL, added more AMPL from other holdings. I'm starting again with ~5000 AMPL (+/- rebases) which equals to ~3300$ at 0,75$/AMPL prices.

For the sake of simplicity, I'm 'assuming' that I purchased everything at ~1$/AMPL.

So it stands like this:

3/ All funds into a cold wallet. Risk of AMPL is big enough. It's also easier to keep track of this format.

Wish me luck, because this trade can be both ludicrous or miraculous.

I'm waiting for another bull cycle... Which will come, sooner or later.

I'll be adding a few spare AMPLS's from time to time maybe.

That's all for today,until the next report!

Thanks for reading!

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Posted Using LeoFinance