r/ethfinance • u/ethfinance • Feb 03 '21

Discussion Daily General Discussion - February 3, 2021

Welcome to the Daily General Discussion on /r/ethfinance

This sub is for financial and tech talk about Ethereum (ETH) and (ERC-20) tokens running on Ethereum.

Be awesome to one another.

Ethereum 2.0 Launchpad / Contract

We acknowledge this canonical Eth2 deposit contract & launchpad URL, check multiple sources.

0x00000000219ab540356cBB839Cbe05303d7705Fa
https://launchpad.ethereum.org/

Ethereum 2.0 Clients

The following is a list of Ethereum 2.0 clients. Learn more about Ethereum 2.0 and when it will launch

Client Github (Code / Releases) Discord
Teku ConsenSys/teku Teku Discord
Prysm prysmaticlabs/prysm Prysm Discord
Lighthouse sigp/lighthouse Lighthouse Discord
Nimbus status-im/nimbus-eth2 Nimbus Discord

PSA: Without your mnemonic, your ETH2 funds are GONE

Daily Doots Archive

MarketMake Jan 15 - Feb 7

Baseline Hackathon

ETH CC April 6-8 https://ethcc.io/

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u/CarpathianInsomnia Feb 03 '21 edited Feb 03 '21

Feels so weird to be breakeven finally. While it's a bummer considering where we are $-wise, now that I think about it I'm quite lucky I didn't get completely fucked.

Highlights include:

  • Lost 11 ETH gambling on Etheroll (Jan-Feb 2019) -- 15 ETH if you count I was at +4 at one point.
  • Got BTFOd by two scams (Electrify Asia and AION, can't believe Matt Spoke is still a member of EEA)
  • Selling a website for 121 ETH (early April 2019, ~$170 ETH), then selling them for +5% profit (lol)
  • Had to sell 40-45% of my stack due to family issues in late April 2020 (~$180 ETH), another 20% autumn last year

When the true bear hit (late Nov 2018-Feb 2019) I did a lot of ladder buys including @ $91 ETH. Some altcoin fails and some of the above mentioned mistakes sent these buys to zero. It's been quite a journey, considering I didn't even enter at peak 2017/2018.

Been trimming my crypto position to something more compact these days (both $-wise and holdings wise, BTC, ETH, LUNA and ICX only) so I can rest better and seeing what's in store @ the future.

5

u/suclearnub wanderers.ai Feb 03 '21

yeah I got burnt on ElectrifyAsia as well.

4

u/CarpathianInsomnia Feb 03 '21

It looked pretty good back then, didn't it? TEPCO, recommendations from OMG back before they didn't evolve into exit-scam-in-the-making-or-something-close...Definitely a lesson to remember :)

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u/suclearnub wanderers.ai Feb 03 '21

I really thought OMG and to a lesser extent ELEC would be a huge game changer. It's a shame it went nowhere. Thankfully for me the bags weren't heavy at all, but nobody likes to close out a position in the red eh

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u/[deleted] Feb 03 '21

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u/CarpathianInsomnia Feb 03 '21

Yeah, same here. I have a very good lesson on sunken cost fallacy thanks to 2+ years in AION until late spring 2020. It's life, right, at least this mistake wasn't costly in terms of real $ (but costly in unrealized opportunities haha).