How to Benefit From Blockchain Inefficiencies

Coin Craziness Presents... ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ How to Benefit From Blockchain Inefficiencies Benjiman Bull here. The blockchain world is huge and growing at a fast clip. When technology grows and changes this fast, it can be easier to benefit from market inefficiencies. What are market inefficiencies? That’s what finance people call the time it takes for market prices to catch up with relevant facts and information. So far, regulations haven’t been able to keep up with the innovations of cryptocurrencies, NFTs, and other emerging financial instruments. Could that be a good thing for traders? I think so… Today, we’ll look at little-known ways to use the unregulated nature of blockchain to your advantage… 3 Uncommon Ways to Benefit From Blockchain Inefficiencies Let’s deep dive into some unconventional ways traders can potentially profit from the everchanging blockchain world. What Quentin Tarantino Can Teach Us About NFTs Quentin Tarantino is in a battle with Miramax, the studio that produced his film “Pulp Fiction.” But he isn’t using a Samurai Katana Sword to duke it out. He’s using the good old-fashioned legal system instead. It all started when Tarantino proposed to sell “Tarantino NFTs.” The collection would include an early handwritten draft of the “Pulp Fiction” script along with original commentary from Tarantino himself. The NFTs would give purchasers the right to “enjoy the freedom of choosing” what to do with them. They could keep the creative secrets to themselves, share them with a few chosen loved ones, or share them publicly with the world. And therein lies the intellectual property battle. Basically, lawyers will fight over the definition of publishing and who consumers are more likely to associate “Pulp Fiction” with — Tarantino or Miramax. More of these controversies are likely to pop up. And when they do, they tend to bring eyeballs to the issue. This can drive up interest in other movie memorabilia types of NFTs. Also, as long as NFTs stay outside the definition of publishing, traders can always create derivative NFTs to play off the hype. Just check out what this guy did. Axie and Ronin Got Hacked — Is There an Upside to That? Axie Infinity calls itself a digital nation where you can battle, collect, and earn. It’s an online game that sells NFTs directly related to the game. And it’s really taken off. Axie’s dollar trading volume ranks neck and neck with some full-scale NFT marketplaces. If you’d bought $1,000 worth of Axie Infinity Shards (AXS) at launch, eight months later, it would’ve been worth $214,873. That’s an increase of over 21,000% and an insane profit! Apparently, Axie’s so hot thieves wanted a piece of the pie. Hackers stole cryptocurrency worth almost $615 million from the Ronin blockchain network Axie runs on. It took Ronin a week to discover the breach. Crypto thieves are nothing new, but this is one of the biggest hacks to date. So what’s the upside to this kind of unpredictability? Hackers are a lot like lightning — they rarely strike in the same place twice. A lot of traders don’t realize that it’s possible to short-sell cryptocurrency, specifically bitcoin (BTC). On December 10, 2017, the Chicago Board Options Exchange (CBOE) opened a futures market for bitcoin. Then a week later, the Chicago Mercantile Exchange (CME) followed suit. Futures contracts created a way for traders to bet on bitcoin’s expected lower future price. The San Francisco Federal Reserve linked this to bitcoin’s subsequent fall from its peak in 2018. But it’s a fall that some adventurous futures traders likely benefited from. There’s also the option of margin trading. Again, you have to be careful as margin means borrowing and leveraging money. That’s how the potential for infinite losses comes in. Crypto exchanges such as Binance Futures, FTX, and Phemex allow you to borrow crypto from a broker. You sell shares at a certain price first, hoping to buy to cover at a lower price later. It’s like long trading in reverse. And it could help traders profit during crypto crashes. But just like any strategy, be prepared before you jump in. That means doing your research and building a plan. Conclusion With every new industry, there’s a wealth of secret opportunities for those who think creatively. Trading is about doing just that. It’s about strategy. One of the best strategists we know from Tim Sykes. He’s the OG pennystocker who found countless hidden opportunities in the markets. And now he’s uncovered the hidden opportunities in NFTs. If you missed out on his NFT Trading Summit, you’re in luck… [You can still catch the replay!]( This event was jam-packed with valuable tips, tricks, and true tales from a special guest who found wild success in NFTs. Catch it while you can! K2 Financial 3571 Far West Blvd Austin, TX 78731 United States This email was sent to {EMAIL}. Don't want to receive these emails anymore? [Unsubscribe]( [Privacy Policy]( | [Terms]( | [Risk Disclosure](