1/ The future of our funds is in limbo.

The company that told us "Banks are Not Your Friends" & "Unbank Yourself" violated our trust in a most egregious manner.

We are sad. Angry. Brokenhearted.

Here are the 5 Stages of Grief (DABDA) according to a Celsian 👇

2/ I am not a licensed psychologist, nor do I seek to provide any clinical advice.

I wrote V1 of this 🧵 a week or so after getting REKT on LUNA.

Now I've been REKT again by Celsius. Hence V2.

Writing my thoughts has helped me reflect & think clearly.

I hope it helps you too.

3/ “Should you shield the valleys from the windstorms, you would never see the beauty of their canyons.” 

―Dr. Elizabeth Kübler-Ross

4/ The Five Stages of Grief, DABDA, were first introduced by Swiss Psychiatrist Elizabeth Kübler-Ross in her 1969 book "On Death & Dying." 

The 5 Stages: 

1) Denial 
2) Anger 
3) Bargaining 
4) Depression 
5) Acceptance

5/ In the simplest terms: 

The book describes the emotional state of grieving individuals & how they make sense of their new reality.

https://www.ekrfoundation.org/5-stages-of-grief/on-death-and-dying/

6/ While DABDA was initially meant to describe the grief process for terminally-ill patients & their loved ones, the grief stages have since been expanded to include other personal losses or significant life-changes. 

For example:

>Major rejection
>Breakups
>Loss of job/income

7/ “The most beautiful ppl...are those who have known...loss & found their way out of the depths. These ppl have an appreciation & understanding of life that fills them w/ compassion, gentleness & a deep loving concern. Beautiful ppl do not just happen.”
― Elizabeth Kübler-Ross

8/ DENIAL - Stage 1 

The first step. Shock. There must be a mistake. 

Cling to false hope. Keep trying! 

Isolate away from anyone that might understand what's actually going on.

9/ MY DENIAL

I'd just landed from @consensus2022 & turned on my phone to see my notifications - Celsius halts ALL withdrawals. 

I'd been in such deep depression from being REKT on $LUNA I hadn't begun to consider the aftershocks. 

It's Fine. I'm Fine. We're going to be FINE.

10/ ANGER - Stage 2 

Once the realization of what's actually happening occurs. 

Being in denial is no longer possible. 

Mad at the world. Who to blame? 

You might want to scream or throw something.

11/ MY ANGER

I'm an avid DeFi user.

I understand "Not Your Keys, Not Your Crypto"

I should have seen the signs.

Add a divided community, mixed messages from @SimonDixonTwitt / @TheRealPlanC & silence from @Mashinsky...

I was mad - at everyone, but mostly at myself.

12/ BARGAINING - Stage 3 

At this stage, you might feel a sense of hope that your suffering can be avoided "if." 

You might pray to a higher power. 

You'll do anything to stop the grief.

13/ MY BARGAINING

Enter #CELShortSqueeze

I read @otisa502's 🧵 & I had hope.

I couldn't sit on my hands & get REKT again. Not after $LUNA. I would do anything to help avoid that crippling pain for me & the Celsius community.

I had to do something to make a difference.

14/ DEPRESSION - Stage 4 

Reliving the past over & over again. 

Melancholy. Despair. Isolation from loved ones. 

You refuse to socialize.

What's the point?

15/ MY DEPRESSION

I was still depressed over $LUNA when my funds were locked on Celsius.

Rugged on two projects in a row? Talk about a pretty devastating blow to my ego AND my portfolio.

The thought of crypto made me sick. I wanted to leave the space & never come back.

16/ ACCEPTANCE - Stage 5 

The progress of moving on begins at this stage. 

You accept the reality of the loss. 

Emotions begin to stabilize. You pick up the pieces. 

You might feel a sense of calm.

17/ MY ACCEPTANCE

The day after Celsius blocked withdrawals, I forced myself to consider my $BTC gone forever.

I cannot control this outcome. Though I am an optimist, I know it will be years before seeing any funds.

I will focus my time & energy finding ways to rebuild.

18/ I know you are hurting. I am too. I wish I could rewind the clock & pretend like none of this ever happened.

But don't beat yourself up. This is not your fault.

You did the best you could with the knowledge you had at the time.

19/ Where do we go from here? For me, that looks like:

>Staying apprised of Celsius/Ch. 11 news.

>What lessons am I meant to learn?

>Is there a silver lining? (this might take a while to figure out)

>How can I increase my income to rebuild?

>Red flags to look for next time?

20/ Let's also take a moment to appreciate the resilience of our community.

Whether it be marathon 12 hour Twitter Spaces/therapy sessions hosted by @otisa502 or seeing FTX w/ only 380 $CEL cuz #CELShortSqueeze, I'm continually amazed by Celsians.

21/ I'm no expert on BK laws but Ch. 11 is NOT Ch. 7.

This isn't over.

I truly believe that this experience will introduce new opportunities into our lives if only we reach out & take them 🙏

It’s ok, it’s ok, it’s ok, it’s ok

Nightbirde sings it best: https://www.youtube.com/watch?v=CZJvBfoHDk0

22/ “There are no mistakes, no coincidences. All events are blessings given to us to learn from.”

― Elizabeth Kubler-Ross, M.D.

23/ Depression hotline numbers you can call: 

>National Suicide Prevention Lifeline: 800-273-8255 (TALK)
>SAMHSA: 800-662-4357 (HELP)
>Samaritans: 877-870-4673 (HOPE) (call or text)
>Crisis Text Line: Text “HOME” to 741741
>Friendship Line: 800-971-0016

https://psychcentral.com/depression/depression-hotline-numbers#hotline-numbers

24/ “You will not ‘get over’ the loss...you will learn to live with it. You will heal & you will rebuild yourself around the loss you have suffered. You will be whole again but you will never be the same. Nor should you be the same nor would you want to.”

― Elizabeth Kubler-Ross

25/ Original #LUNAtic thread: 

https://twitter.com/cryptoismyjam/status/1526662250559246336?s=20&t=EA68QLdJpmAHmaKUg-D-9w

The Five Stages of Grief According to a Celsian

1/ #Celsians (myself included) learned a tough lesson this month: Not your keys, not your crypto!

We need #DeFi options & diversification more than ever. To my #CeFi & #CELShortSqueeze friends... 

Let me introduce @THORChain ⚡️

2/ I found this stat interesting..

36% of #Celsians told me they're using #DeFi for the 1st time because of the #CELShortSqueeze

I believe what began as "revenge against the shorts" is also an opportunity to learn about DeFi & solutions for diversification.

Back to @THORChain

3/ Can you imagine swapping native $BTC for $ETH without a CEX?

Or perhaps you want yield on your $BTC without using #CeFi or converting it to wBTC?

You can both swap & LP your native tokens using only #DeFi on @THORChain!

4/ #THORChain is a decentralized cross-chain infrastructure w/out the need for bridges or wrapped assets. 

Think swapping, non-custodial yield on native $BTC & soon on-chain lending with #THORFi

5/ $RUNE is the native token.

@THORSwap is the DEX.

Mainnet launched just this week.

6/ If you are in the 36% of self-reported #Celsians new to #DeFi, I HIGHLY recommend you use a hardware wallet like @Ledger to protect your coins.

I use Ledger X.

If and/or when you're ready to buy $RUNE, here's a how-to guide I put together:

https://twitter.com/cryptoismyjam/status/1504957686990848002?s=20&t=giud5ajGK1sb5useEophuQ

7/ Watching the current market & my experience with @celsiusnetwork make me even more bullish $RUNE!

$RUNE ⚡️ is #2 in my portfolio after $BTC (RIP $LUNA) 

But as always DYOR!

8/ You might wonder why did I use #CeFi at all? 

It's easy! Private custody is scary! I've been scammed & didn't trust myself w/ 💯 of my crypto.

To be clear I support Celsius & the #CELShortSqueeze

30% of my $BTC is on Celsius & I hope we all get access to our liquidity soon.

9/ So what's my takeaway?

While the responsibilities of self-custody terrify me to tears, being prevented from accessing my frozen coins feels worse. 

>Not your keys, not your crypto
>Bullish $RUNE ⚡️

The Importance of DeFi vs. CeFi in a Troubled Market

Trading, Gaming & Lending — Oh My! 
These are a few of my favorite things in DeFi 

5 lesser known DeFi projects I've experimented with & absolutely adore 🥰 

1/🧵

2/ TLDR - Table of Contents

>DEX - @beethoven_x $BEETS - 3/
>Yield Aggregator - @Reaper_Farm $OATH - 10/
>Gaming - @DefiKingdoms $JEWEL - 14/
>Lending - @GranaryFinance - 18/
>Cross chain - @THORChain $RUNE - 21/

3/ Favorite DEX — @beethoven_x / beets.fi

$BEETS is a Balancer fork known for their 80/20 LPs & multi-asset pools. The 80/20 pools are a great way to garner yield on assets while mitigating potential IL. $BEETS began on $FTM but recently expanded to $OP.

4/ One of my favorite pools, “A Late Quartet,” is a 4-way split of 25% each USDC/wBTC/wETH/wFTM which allows users to easily DCA in & out of the market. 

For instance, I can withdraw in one asset only (say USDC) & the pool will automatically rebalance my assets for me!

5/ Let's talk fBeets! 30% of Protocol revenue goes to fBeets holders. Holders also vote in the @beets_wars every 2 weeks & are on the receiving end of generous bribes from several protocols seeking the extra weekly emissions.

https://twitter.com/cryptoismyjam/status/1527467747449286656?s=21&t=g0_INtkrVe6hnRBwSBVTBg

6/ In addition to boasting some of the highest yields for liquidity providers on $FTM (and now $OP) $BEETS is constantly pushing the envelope when it comes to new tech in DeFi. 

7/ Recently, $BEETS introduced “boosted pools” - an innovative new product to maximize yield from stagnant liquidity in their LPs. 

https://medium.com/@beethovenxio/boosted-pools-the-future-of-liquidity-provision-reimagined-7f99113ab2a2

8/ I also like that $BEETS places an emphasis on education & is constantly seeking to inform their consumers of both new product offerings & best DeFi practices in general.

Furthermore, $BEETS provides one of the best UX/UI experiences in DeFi - it's intuitive & easy to use. 

9/ Finally, $BEETS has a fun & memorable Ghost/Opera theme based on the $FTM ecosystem. 

If you’re lucky, they’ll make you a personalized PFP!

10/ Favorite Yield Aggregator — @Reaper_Farm / reaper.farm

Reaper is a simplified yield aggregator on $FTM & the 1st product by dev team @bytemasons. Reaper makes yield farming easy by automatically compounding rewards into more LP tokens & adding to your principal.

11/ It’s easy to navigate the @reaper_farm site & search for farms based on “TVL” or “APY.” Currently, Reaper is used by 66k users & has $14 million TVL. 

During the @Solidly/@Solidex/Andre heyday, I enjoyed yields of $1 billion plus or “A LOT % APY” 

Ah, the good ole days 🤩

12/ A quick note on the @bytemasons  —  Many in the $FTM community & beyond regard them as one of the strongest dev teams in crypto. They pride themselves on security & UX. 

13/ The @bytemasons also recently released their own token - $OATH. I participated in the launch & own a small bag.

https://twitter.com/cryptoismyjam/status/1496354503905488899?s=20&t=g_1D5PV884TudijKKQwj-A

14/ Favorite Crypto Gaming — @DefiKingdoms / defikingdoms.com

DeFi Kingdoms (#DFK) makes me feel like a kid again. It’s a game I enjoy playing & for once can feel slightly less guilty because of the “play-to-earn” concept (shame on me for not taking profits at $20 $JEWEL)

15/ #DFK includes a DEX (marketplace), yield farms (gardens), NFTs (heroes), Fiat onramps & strong community all bundled into one fun game. I enjoy harvesting my $JEWEL from the gardens instead of simply 'collecting LP rewards' like I do on traditional DeFi protocols.

16/ There’s no right or wrong way to play the game. 

Some utilize the gardens (i.e. provide liquidity) for outlandish yields — I’ve seen a range of 100%-5,000%! 

Others hold their $JEWEL in the bank (this is $xJEWEL - the governance token) for a more modest 20–30% yield.

17/ The most engaging, albeit unknown ROI, is actually playing the game. This means buying & summoning heroes, questing your heroes through fishing & mining, constantly searching for items & leveling up their stats along the way. I'm looking forward to combat & PVP coming soon.


18/ Favorite Lending Protocol — @GranaryFinance / granary.finance

The Granary is an @Aave fork & cross chain lending protocol which began on $FTM & has since expanded to $AVAX, $OP, $ONE & $ETH. They are closely affiliated w/ previously mentioned dev team the @ByteMasons

19/ Currently the @granaryfinance rates are based 100% on market utilization. 

According to dev @definalfantasy, the rates are all direct peer to peer lending since they do not have a token (no ponzinomics !)

Their customer dashboard is a breeze to navigate & max LTV is 80%.

20/ I first heard about the @granaryfinance because I was speculating on an airdrop. 

They announced they have been taking snapshots of depositors & borrowers every two weeks since March-ish. 

20% of the future airdrop will go to depositors & 80% to borrowers 😉

21/ Favorite Cross Chain Protocol — @THORChain / thorchain.com

@celsiusnetwork & now @investvoyager are the first major CEXs to halt withdrawals this bear market & they won't be the last. 

We need DeFi options. 

Enter: THORChain ⚡️

22/ @Thorchain is a decentralized cross chain infrastructure without the need for bridges or wrapped assets. 

@THORSwap is the DEX. The native token is $RUNE. Mainnet launched this past week. 

$RUNE ⚡️ is my highest conviction alt & #2 in my portfolio after $BTC (RIP $LUNA)

23/ Imagine swapping native $BTC for $ETH without a CEX? Or perhaps you want to put your $BTC to work — where else can you LP your native $BTC without having to convert to wBTC? 

You can do both of the previously mentioned & more on @THORChain!

24/ If you enjoyed this thread, I'd appreciate a RT! I'm also looking for constructive criticism as I find my voice in this mercurial industry. Feel free to leave a comment!

Prefer to read in article form? Medium link is below.

Until next time, Degens!

https://medium.com/@cryptoismyjam/a-few-of-my-favorite-things-in-defi-6506ad41e2a4


Trading, Gaming & Lending — Oh My!  These are a few of my favorite things in DeFi

1/ The Case for the #CELShortSqueeze — $GME 2.0?

Dream setup for a short squeeze. Approximately 87% of $CEL token supply is locked on @celsiusnetwork (withdrawals are frozen) & $CEL token is being massively shorted on FTX.

2/ TLDR
• Shorts borrowed approx. 18 million $CEL on @FTX, sold them to  market on FTX & other exchanges. $CEL token price crashed to $0.20.
• Now shorts must buy back $CEL tokens; however if the price continues to rise, they must be careful not to do so at a loss.

3/ TLDR Cont.
• Shorts put an order in FTX to buy 37 million CEL at $0.01, in an apparent bet that @celsiusnetwork will fail.
• As of writing (6/20/2022): 11,297,429 CEL are available on exchange wallets & shorts have to buy back 4.6 million CEL tokens on FTX.

4/ TLDR - Action Plan (at your own risk! NFA)

• Buy $CEL on exchanges (i.e. FTX), transfer $CEL to private wallets and/or set limit orders on @1inch for $100 each.
• Enter #CELShortSqueeze 🚀

5/ What’s a Short Squeeze?

Rare occurrences that begin when price of a heavily shorted security/crypto begins increasing. When short-sellers are forced to purchase shares to cover their positions, causes a rapid increase in price of said security, reinforcing the price to rise.

6/ Potential for a #CELShortSqueeze?

Why are shorts in trouble? $CEL is a low-liquidity token. Because Celsius paused withdrawals, an est. 87% of $CEL tokens are locked. This means there’s very little liquidity for shorts to buy $CEL on the open market & cover their positions.

7/ Total $CEL supply = 695 million. Treasury owns approx. 320 mil. Top 500 owns approx. 100 mil, which people took loans against their $CEL (then got liquidated & is in the treasury). Any remaining $CEL is earning interest in people’s Celsius wallets & unable to be withdrawn.

8/ We experienced a squeeze on 6/14/2022 when shorts bought back 1.5 million $CEL & the price spiked to $2.

Imagine what happens to the price of $CEL when the shorts buy back the rest of their shorted tokens?

9/ So if you’re short $CEL, what do you do? You offer 2,600% APY to anyone who is willing to lend you $CEL token, which is exactly what’s happening right now on FTX! The shorts are desperate — a la Melvin Capital in the GameStop saga.

10/ Action Plan

🚨 Disclaimer: This is NFA. We are speculating. This is high risk. You should always DYOR 🚨

• Buy $CEL tokens on @FTX
• FTX is not avail in USA — can purchase on @Uniswap
• Send tokens to private wallet
• Limit sell order to $100 on @1inch
• SQUEEZE! 🚀

11/ For more information, please reference original Twitter thread thesis by @otisa502 here:

https://twitter.com/otisa502/status/1537170718001078274?s=20&t=FBNVqFi88byqpANUnhZOsA!

12/ Prefer to read in article form? Check out the Medium here! 

https://medium.com/@cryptoismyjam/the-case-for-the-celshortsqueeze-gme-2-0-4587fcee13ba

13/ I'd love the thoughts of our sharpest DeFi minds on the potential #CELShortSqueeze! Can we get a threadooor? @thedefiedge @milesdeutscher @nickdrakon 🙏



1/ Are you stuck in a Victim mentality lately? NGL - I am too 🫤 

Let's briefly explore why mindset matters & steps to become a Warrior!

*Crypto Edition*

2/ Last month I lost a significant amount of money in crypto (RIP $LUNA) & have had a hard time moving forward (See 🧵👇)

I've noticed this negativity encroaching into other areas of my life. 

I realize I had succumb to a Victim Mentality.
https://twitter.com/cryptoismyjam/status/1526662250559246336?s=21&t=4-vrsxOzK3vZoRg3N0bMVw

3/ I don't want to be a Victim! I'm a Warrior, damnit! 

But how can I be a Warrior when every day feels like such a struggle? Like I have no control & am forever destined for bad things to keep happening to me?

The awful thoughts kept coming... I had to change my mindset ASAP.

4/ Our mindset is a combination of both our conscious (& unconscious) thoughts, beliefs, emotions & attitudes. It is the "lens" we view the world through & our place in it - therefore our mindset directly impacts how we act & react to our lives & surroundings.

5/ “Mind is a flexible mirror; adjust it to see a better world."

― Sri Amit Ray

6/ Mindsets aren't necessarily all-encompassing. For example, someone could be a "Victim" in personal relationships (stuck in a loveless marriage yet unwilling to leave) but a "Warrior" at work (top performer, boss bitch, etc).

7/ What makes a Victim?

Victims can be quite negative people. Because of past traumas, bad things will continue to happen to them. They blame others for their circumstances. When they are unhappy, they are full of excuses as to why they cannot overcome their misfortune.

8/ What makes a Warrior?

Warriors must fight to be warriors every day. They are no stranger to trauma, however they actively choose to turn misfortune into growth opportunities. They find the "silver-lining." Warriors don't lose - they learn.

9/ "I focus on only the things I have total control over: my effort and my attitude. I love what I do and I attack each day with joy and enthusiasm."

― Darrin Donnelly, Think Like a Warrior

10/ Ex: Your alt coin does a 10x!

Victim: "It's just dumb luck" 
Instead of taking profits, they probably end up even or negative since 'good things never happen to me.'

Warrior: "I deserve this"
They put in the work to be in the right place at the right time & savor the WIN.

11/ Ex: Your friend's alt coin does a 10x!

Victim: "You got lucky on your shit coin"
Likely feeling extreme jealousy. 

Warrior: "Great job ser!"
Happy for friend. Practices gratitude. Takes opportunity as a learning experience instead of making it about them.

12/ Ex: You get rugged/hacked/project goes to $0

Victim: "Woe is me"
They give up. Everything is stacked against them, why bother?

Warrior: "Man, those BTC Maxis don't seem so bad after all"
Finds the silver-lining. They turn the negative into a positive. They keep going.

13/ It sucks to be a rekt #LUNAtic right now… But no one is born a Warrior - we must fight to be Warriors every day. Let's lick our wounds & take actionable steps to change our mindset & move forward.

14/ So what does that silver-lining look like?

For me:
-Practicing gratitude (I still have my health, my family, my day job)
-Journaling & Meditating
-Not leaving Crypto during the Bear Market

15/ Specific to Crypto:
-Have a plan & stick to it so I'm not at the mercy of my emotions
-Hopium is not the answer
-Don’t ignore the FUD... I was in denial of my confirmation bias
-Continue learning & researching new projects
-Maintain friendships in crypto community

16/ I hope this was helpful! But please know I'm not a licensed anything, just a humbled #LUNAtic searching for meaning & peace of mind.

For my auditory friends, here’s a recording of my 1st Twitter space where I verbalized much of the above:

https://twitter.com/cryptoismyjam/status/1532561649873215488?s=21&t=rYpW1kgRaaqCsvC8rTFfgw

17/ "And we recognized the most important lesson anyone can ever learn about failure: the only true failure is giving up."

― Darrin Donnelly, Think Like a Warrior

18/ You can read the unrolled version of this thread here: https://typefully.com/cryptoismyjam/jBF9uG6

Victim vs. Warrior Mentality - Crypto Edition

1/ Are Lunatics selling their unlocked $LUNA airdrop? 

Are REKT Lunatics more susceptible to the Sunk Cost Fallacy?

Mini 🧵

2/ Sunk Cost Fallacy is the idea that we are more likely to continue with a project/trade/endeavor based on our previous investment of time/money/effort- even if it's not the best decision at the time.

To simplify, many economists describe it as "Throwing good money after bad."

3/ There are examples of Sunk Costs in all facets of daily life. 

Staying in an unhappy LT relationship

Buying the dip to average down on a shitcoin that won't regain ATHs

Going back to the same crack dealer for that FIRE even though the last 17 times he sold you soap shavings

4/ What does this have to do with Terra 2?

If you were airdropped $LUNA today, you have a decision to make (if you haven't already!) 

For the majority of us, 25% of our airdrop is unlocked now, with the remaining 75% locked & vesting over the next 1-4 years.

5/ With the future of Terra 2 uncertain, what do we do with our unlocked LUNA airdrop?

1) Sell (recoup some capital)
2) HODL (it's written off money anyway)

6/ I won’t speculate on the future success (or not) of Terra 2. CT buffet can put together way better analysis.

I do have vested LUNA & therefore hope it succeeds (especially after being REKT). But hope is not a strategy. Hope is a belief, a faith in something.

7/ I haven't sold my airdropped $LUNA tokens yet. The rational part of me knows I should recoup some capital, BUT I do recognize my hope is a symptom of the Sunk Cost Fallacy. I've invested so much time, energy & money into $LUNA, I'm not willing to give up now.

8/ I polled the community today to see if Lunatics are selling or hodling their unlocked airdrop. 

As of time of writing, it seems most Lunatics are pretty evenly divided with a few still undecided.

https://twitter.com/cryptoismyjam/status/1530684087966437377?s=20&t=AWmVbfIcwyM418wsrECoeg

9/ Members of the Terra community have been voicing their opinions all day...

An argument for selling:

Sell (recoup some capital)

https://twitter.com/ElonKwon/status/1530550586269175811?s=20&t=AWmVbfIcwyM418wsrECoeg

10/ An argument for holding:

HODL (it's written off money anyway)

https://twitter.com/tweeterazzis/status/1530669698232504320?s=20&t=AWmVbfIcwyM418wsrECoeg

11/ No one has a crystal ball (except maybe @marenaltman) so I don't think there is a right or wrong answer. I believe it comes down to risk tolerance, having a plan & keeping emotions at bay.

12/ What do YOU think? Are you selling, trading, HODLING or something in between?

And if all you remember from this thread is the crack reference then you, my Lunatic loon, my compulsive companion, my ADD acolyte, my fiendish friend - you are definitely GMI 😊

13/ You can read the unrolled version of this thread here: https://typefully.com/cryptoismyjam/JzN3od2

Are Lunatics Selling Their Unlocked $LUNA Airdrop?

Lunatics are grieving & for good reason.

We've lost our money, our community & our faith in the decentralized future envisioned by @stablekwon. 

Below are the 5 Stages of Grief (DABDA) according to a Lunatic.

Let's chart a course to heal 🙏 👇

2/ Preface: I am not a licensed psychologist, nor do I seek to provide any clinical advice.

I am simply a lunatic searching for a way to move past the emotional & financial traumas of this tumultuous week.

Writing my thoughts here was a bit cathartic. I hope it helps you too.

3/ “We run after values that, at death, become zero. At the end of your life, nobody asks you how many degrees you have, or how many mansions you built, or how many Rolls Royces you could afford. That’s what dying patients teach you.”

Dr. Elizabeth Kübler-Ross

4/ The 5 stages of grief, DABDA, were 1st introduced by Swiss Psychiatrist Elizabeth Kübler-Ross in her 1969 book "On Death & Dying."

The 5 stages: 

Denial
Anger
Bargaining
Depression
Acceptance

5/ In the simplest terms: The book describes the emotional state of grieving individuals & how they make sense of their new reality.

https://www.ekrfoundation.org/5-stages-of-grief/on-death-and-dying/

6/ While DABDA was initially meant to describe the grief process for terminally-ill patients & their loved ones, the grief stages have since been expanded to include other personal losses or significant life-changes. For example: major rejection, breakups, loss of job/income.

7/ “Any natural, normal human being, when faced with any kind of loss, will go from shock all the way through acceptance.”

Dr. Elizabeth Kübler-Ross

8/ DENIAL - Stage 1

The first step. Shock. There must be a mistake. Cling to false hope. Keep trying! Isolate away from anyone that might understand what's actually going on. 

9/ MY DENIAL

The LUNA death spiral began & I couldn't accept what was so plain in front of me. This was no normal dip.. my bffs got liquidated one after the next, but I BELIEVED in the narrative so strongly & didn't sell. I bought more!

"It's just FUD!" "Buy the Dippp"

10/ ANGER - Stage 2

Once the realization of what's actually happening occurs. Being in denial is no longer possible. Mad at the world. Who to blame? You might want to scream or throw something.

11/ MY ANGER

Once LUNA hit $10, I had no choice but to admit defeat. I capitulated.

More importantly - Who could I blame? Who shilled me this shitcoin? Was it all @stablekwon's fault? The greedy hedgies? I'm seeing red. I lash out at loved ones. I hate everything about crypto.

12/ BARGAINING - Stage 3

At this stage, you might feel a sense of hope that your suffering can be avoided "if." You might pray to a higher power. You'll do anything to stop the grief.

13/ MY BARGAINING

"Please let the community vote on a proposal to refund my UST via airdrops so I can be made whole!"

"I promise if LUNA recovers I'll never use leverage again!"

"No more alts! BTC only!!"

"I swear I will NEVER put all my eggs in one basket again after this!"

14/ DEPRESSION - Stage 4

Reliving the past over & over again. Melancholy. Despair. Isolation from loved ones. You refuse to socialize. Why should I bother?

15/ MY DEPRESSION

I've barely left my house for a week. I've been avoiding phone calls with my mom. I'm too ashamed. I've tried to force myself to get out, but I have no desire to be around "happy people." I'm paralyzed. I feel like a failure. Where do I go from here?

16/ ACCEPTANCE - Stage 5

The progress of moving on begins at this stage. You accept the reality of the loss. Emotions begin to stabilize. You pick up the pieces. You might feel a sense of calm. 

17/ MY ACCEPTANCE

I would be lying if I told you I was at this stage. I'm not. What I hope it looks like: 

-Getting out of the house.
-Kicking butt at work to increase my income.
-Finding new crypto projects to invest in.
-Finding new hobbies that aren't related to crypto.

18/ This has been a truly difficult week. I've heard some very sad stories... Many of us are still hurting. 

The lunatic community has provided me great comfort. I am happy to be an ear for you. You are not alone.

Please know there is no shame in seeking professional help.

19/ What's helped me so far:

-Journaling my thoughts throughout this experience.

-Talking to other lunatics who understand what I'm going through. Not even about crypto, but just to chat.

-Being grateful for my family & my health - the truly important things in life.

20/ What stage are you in? Do these 5 stages resonate with you? What have you done to cope with the events of the week?

Feel free to share to the level you are comfortable with 🙏

21/ “Should you shield the valleys from the windstorms, you would never see the beauty of their canyons.”

Dr. Elizabeth Kübler-Ross

22/ Depression hotline numbers you can call:

National Suicide Prevention Lifeline: 800-273-8255 (TALK)
SAMHSA: 800-662-4357 (HELP)
Samaritans: 877-870-4673 (HOPE) (call or text)
Crisis Text Line: Text “HOME” to 741741
Friendship Line: 800-971-0016

https://psychcentral.com/depression/depression-hotline-numbers#hotline-numbers

23/ “People are like stained-glass windows. They sparkle and shine when the sun is out, but when the darkness sets in, their true beauty is revealed only if there is a light from within.”

Dr. Elizabeth Kübler-Ross

25/ You can read the unrolled version of this thread here: https://typefully.com/cryptoismyjam/kiyAudN

The 5 Stages of Grief According to a Lunatic

Does it bleed against Ethereum? 

This is the question routinely posed by Ben Cowen @intocryptoverse when deciding which alts to hold in your portfolio...

Observations for L1s $FTM & $LUNA 👇

2/
Why is the ALT/ETH valuation important?

Holding a blue chip like ETH (or BTC) is inherently less risky than ALTs. 

Therefore, if your favorite ALT's price action cannot keep pace or outperform, you would be better off simply holding ETH.

3/
$FTM: Despite recent bearish price action, I was surprised to see FTM is NOT bleeding against ETH... In fact, it's holding up remarkably well.

4/
$LUNA: Given recent bullish price action, it's not a surprise Luna is oscillating against ETH. 

However, I was surprised to see how similar this chart looks to the FTM/ETH chart above.

5/
For your reference, here is an example of $LTC - a very obvious bleeder against ETH.

6/
I highly recommend checking out Ben Cowen's @intocryptoverse premium list for more charts & data which are incredibly helpful when DYOR!

Does it Bleed Against ETH? Thoughts on FTM & LUNA

Looking to put your $RUNE to work for some juicy APY... but don't want to sacrifice the security of using your ledger? 

Don't fret - LP deposits on @thorswap w/ a hardware wallet might test your patience, but they are doable! I know... I've done it!

Easy to follow “How To” 🧵👇

2/
You can read the unrolled version of this thread here: https://typefully.com/cryptoismyjam/Qj2lRu8

3/
What you'll need:
-A hardware wallet (I use a ledger)
-2 wallet apps: 
1) THOR wallet app on ledger holding $RUNE
2) 2nd wallet w/ your choice crypto to pair in LP with $RUNE (I'm using $BTC)

*Don't own $RUNE yet? See my 🧵 "How to Buy Native $RUNE"👇
https://twitter.com/cryptoismyjam/status/1504957686990848002?s=20&t=lA-aU-y0zgs0p-UvhTiNhw

4/
-Navigate to THORSwap: https://app.thorswap.finance
-Click "Wallet" from the menu dropdown on the left-hand side.
-Click "Connect" in the upper-right hand corner.

5/
-FIRST connect your THOR wallet. Disconnect from THOR wallet in Ledger before next step.
-SECOND connect your non-THOR wallet (I am using $BTC, but you can also use several others including $ETH, $DOGE & now $LUNA!)
-You should now see two wallets connected.

6/
-On the left-hand side toolbar, navigate to "Pools."
-Identify the Pool you want to provide liquidity for & click "Liquidity." (I'm entering the $BTC-$RUNE pool with 25% APY)
-You can also access this screen on the toolbar by navigating to "Trade" and then "Deposit."

7/
-Choose how much liquidity you'd like to provide of each asset.
🚨 Important! Make sure you leave enough of each asset to cover the fees, otherwise you will get the error message: "Insufficient Balance for Transaction."

8/
-You've chosen the amount of each asset you'd like to LP. Now select "Add Liquidity."
-Authorize this transaction in your ledger. (Reminder, you are still in your non-RUNE asset wallet - so I authorized my BTC)

9/
-Next you’ll see an error message in the upper right-hand corner: "Submit Transaction Failed. Disconnected Device During Operation: The device was disconnected." 
🚨Don’t be alarmed! Error expected.
-Disconnect your ledger completely from your computer.
-Refresh your webpage.

10/
-We will now reconnect our wallets in the reverse order we did before. (see tweet #4)
-FIRST connect your non-THOR wallet (Again, I am using $BTC). Disconnect from this wallet in Ledger before next step.
-SECOND connect your THOR wallet.

11/
-On the left-hand side, navigate to "Trade" and then "Pending LP."
-Your LP pair will show up here but it does take a minute to appear. Take a beat & don't immediately panic at first like I did! 
-You may need to log out/refresh before it appears.

12/
-Once your LP pair shows up, click "Complete." 
-Add your desired LP amount with the slider.
-Click "Add Liquidity."
-Authorize the transaction in your THOR wallet.

Congrats, you are now providing liquidity on @thorswap! 🥳🎉👏

13/
Options to view your LP:
1) Click the graph icon to "View on THORYield.com"
2) Go directly to https://app.thoryield.com/dashboard
3) My Favorite: Use the beta mobile app to check your stats on the go! 
iOS: https://apple.co/3uoyj8l 
Android: https://bit.ly/3NjCZoF

14/
Recommended Reading for LPers:

@THORmaximalist on the benefits to liquidity providing:
https://twitter.com/THORmaximalist/status/1506151968816906243?s=20&t=D6fAjw_3esoGkfqJwGkDtA

@cbarraford on impermanent loss protection (ILP):
https://twitter.com/CBarraford/status/1504101362694504453?s=20&t=Y5d71lN4V4J5xMzDSs3kTw

@thorallfather on calculating your impermanent loss protection:
https://twitter.com/thorallfather/status/1490204240832495617?s=20&t=Sqlh-oI-18KppgmlPH97HQ

15/
#THORchad giga 🧠's to follow for engaging $RUNE content, breaking news & in-depth analysis: 

@thorswap, @thorchainlpu, @Cbarraford, @ChadThoreau, @thormaximalist, @thorallfather, 
@Asian0xV, @LearnTHORChain, @TheRuneRanger, @THORNOOBs, @itsloganshippy 

16/

If you found this thread helpful, please share so we can grow our #THORChad & #RUNAtic community! ⚡️

How To LP on Thorswap Using a Ledger

So you want to buy $RUNE but don't know where to start? I've got you! I went through the @thorswap & @thorchain learning curve so you don't have to 🤓

Quick thread on how to purchase native $RUNE using a @ledger

Not financial advice. DYOR! 🧵 👇

2/ 
What you'll need:
-A ledger
-2 wallets: 
1) THOR wallet app on ledger (download this now on Ledger Live!)
2) Second wallet w/ your choice crypto to swap for $RUNE. I used $ETH on my @MetaMask, however can also use native $BTC, etc.  

3/ 
-Navigate to THORSwap: https://app.thorswap.finance/
-Click "Wallet" from the menu dropdown on the lefthand side.
-Click "Connect" in the upper-right hand corner.

4/ 
-1st connect to your non-THOR wallet, in this ex. I use $ETH/@MetaMask & connect normally.
-Important 🚨 Switch to the THORChain app in your ledger before the next step.
-Click "Thorchain” select "THOR" complete the steps to connect.
-You should now see two wallets connected.

5/
-Navigate back to our trusty sidebar on the left and click "Swap." A recipient address will now populate for your THOR wallet.
-Important 🚨 In your ledger, switch back to the app you are using to swap (again, I used $ETH, some might be using $BTC).

6/
-Now, the fun part! SWAP! Confirm the transaction in your wallet.
-Once confirmed, you will see the swap in the upper righthand corner.
-Navigate back to "Wallet" on the sidebar and you will see your $RUNE balance. 

Congrats, you now hold native $RUNE!
🥳 🎉👏

7/ 
But wait!💡Why should I go through all this trouble when I can buy $RUNE on @cryptocom you ask?  

Nice try, anon! ERC-20 & BEP 2 $RUNE has no utility & will be deprecated with the THORChain mainnet launch 😵 (see linked Medium article) 

https://medium.com/thorchain/upgrading-to-native-rune-a9d48e0bf40f

8/ 
Further resources I found extremely helpful: 

@thorswap, @thorchainlpu & their discords.

Great threads/content: @Cbarraford, @ChadThoreau, @thormaximalist, @thorallfather, @Asian0xV, @LearnTHORChain 

9/ 
If you found this thread helpful, please share so we can grow our #THORChad & #RUNAtic community!

I may or may not have purchased more $RUNE in the making of this thread 😋⚡️

You can read the unrolled version of this thread here: https://typefully.com/cryptoismyjam/may2J0x