VIP Class Notes (Tibo)

Today we focused on:

discussion on the crypto market

Homework

MATIC (polygon) (ETH L2)
XVS (venus on binance smart chain)

pancakeswap for degen plays on BSC

Extra links:
https://defipulse.com
https://www.coingecko.com
https://coinmarketcap.com
https://www.tradingview.com

Speaking exercise

My name is Bion , I’m 26
I just like some about business work and like

I just buy some ETH at 400 USD and until now last week ETH increased 3k
at 3.9k I sold.
His twitter talks something about
BTC and ETH the advantages and disadvantages

so I told my friends we can sell everything and the next day it crashed.
That is my feeling  / gut feeling
If he likes BTC , he will talk aboutt the advantage but he is not understand about it.
I am digging and I buy something on uniswap but I think uniswap will the best one in DEFI landscape

I am researching / digging swarm

generation Z / millennials if we want to make more money they need to find to do things in the virtual world

I think some young people don;t like do anything at work and hard to work to make money and the pandemic.

People get more and more

he is good at computers.

He mined  Filecoin 100k

just only 1m coins , the total supply is 1m


My name is Bion , I’m 26
I just like things about business and work  / I am interested in business

I just bought some ETH at 400 USD and I held / kept it until now last week ETH was  at 3k / over a few months ETH increased to 3k+
at 3.9k I sold.

He talks on his twitter about BTC / he tweets about BTC and ETH and about their advantages and disadvantages  / pros and cons

so I told my friends we can sell everything and the next day it crashed.
That is my feeling  / gut feeling
If he likes BTC , he will talk about the advantage but he does not understand it / he doesn’t really know what BTC is about
I am mining and I buy some coins on uniswap but I think uniswap will the best one in DEFI landscape / uniswap will be the n1 exchange

I am researching / mining swarm

For generation Z / millennials if we want to make more money we need to find things in the virtual world  / low hanging fruits 

I think some young people don’t like to do anything / to work hard / they don’t want to work to make money and the pandemic makes them stay at home…

People get more and more lazy

he is good at computers.

He mined 100k filecoins

the total supply is 1m

DEFI will give a yield of 2.5% per month
SHIB went down a lot
yesterday my friend told me about a new coin, it will get listed

Vocabulary

total supply (n) : how many coins exist
The total supply of BTC is 18,713,700

low hanging fruit (n) something easy to do but that many people don’t know about
I bought ETH at 400 because it was a low hanging fruit

gut feeling (n)  feel
I have a gut feeling that ETH is going to do well

millennials (n) : very young people / born around 00
Many millennials buy cryptocurrencies

to crash (v) : to go down very quickly
The market crashed because of Covid in March 2020

advantages and disadvantages  / pros and cons / + & –
The advantage of BTC is that it is safe, the disadvantage is that it is slow

limit order (n)  : order at a price level
I had a limit order for eth at 2k

to troll (v) play around
Elon Musk is trolling everyone

bubble (n) 爆仓
the crypto market is in a bubble

to get listed (v) : join an exchange (OKeX /huobi..)
SHIB went up when it got listed

meme (n) internet joke
Doge is a meme coin

to mine (v) use computer to get a coin
He mined a lot of DOGE with his GPU

check / cheque  
(n)支票
He wrote a check

profit (n) 盈利
He made a lot of profit

leverage (n)  x
I used 125x leverage for this trade

Technical Analysis (TA) (n)
I use TA to guess price movements

musical chair (n)
it is like musical chairs

virtual (adj) 虚拟
I play in a virtual world
I bought

cryptocurrency (n) 密ç æ¯”
BTC is a cryptocurrency

cryptography (n) 密ç å­¦
They use cryptography to secure the network

Pronunciation

Elon Musk

DEFI (open finance) (Say: D Fai)