Music, Money and Mayhem

"Only mystics can see the hidden future the rest of us wish to know. Is bitcoin falling down to 10k...which way will it go?"

It's been very busy in my warped reality and I'm enjoying the momentum. There are a few people I've been working with for over a decade who still make music. My guy Sliscobars is a producer, recording artist, and talent curator who has a list of hits. He's produced for local and international artists. On my last album he made beats for songs "That's Life, Overseas Connection, and New York Spit." When we're in the studio together the vibe is electric like a lightening storm.

Another friend B1 is throwing the Raw Amsterdam Hip-Hop event at the end of the month. B1 is half of the Dutch rap and production duo LPC. They put out a few vinyl's and did collabos locally back in the day. We used to perform at the same places with my guy DJ Nemo which is part of how we became friends. Now he organizes hip-hop events in between making luxury watches. The party is going to be lit. If you're in the city and want to rhyme or watch talent come through. I'll be there spittin' bars.

Talking about events. I'll be hosting a 45 minute workshop in the Bored.ai discord on June 12th at 11am (5pm Amsterdam time). As I mentioned in a previous blog I run the Mental Gymnastics Club in their server. Several of us curators have clubs and each week a different artist will give a workshop. My workshop will give instructions on how to generate text to art based on time, space, science, and technology. There will also be a live demonstration of my creation style, then a short creator contest at the end. If you're interested in joining just click the invite link. When you're in general chat just say "Mr.Poizonous sent u." They will give u some credits to try the generator.

The financial markets are falling like a tree cut with a chainsaw. As I write this Eth is at 1750 and struggling to hold it. No matter how juicy that price looks my mind says "bear trap, beware." Until I see some serious price action to the upside I still believe it can go lower. To combat the crypto price crunch. I've been staking and using Celsius. I mentioned Celsius before but didn't provide balanced information. First Celsius is not a bank. Their slogan is "Unbank Yourself."  It's a lending and borrowing platform. You can borrow money against your crypto to survive the bear winter without selling. This is not financial advice.

Second thing I didn't mention is that Celsius doesn't have a custodial wallet. That means your crypto isn't actually on Celsius. They take your crypto and loan it out to big hedge funds and market makers so that you earn a nice yield. Celsius pays it out every week like clockwork. In layman's terms they pay u to hodl on their platform. It's a good arrangement  and can be very lucrative, but not without flaws. Since they don't have your crypto when u want to withdrawal sometimes it can take a few hours depending on market conditions. That means it's not ideal if u need to withdrawal quickly for a trade or cash. 

Also, to get higher yield on your coins u need to hold some of the native Cel token. The more Cel u hold the higher the yield. This isn't really a flaw because Cel has great tokenomics. Not to get too nerdy, but the Cel token is deflationary. That means there is a finite amount of tokens (like Bitcoin). As they burn the tokens less are in circulation which makes the value keep rising over time. Most tokens in the crypto space are inflationary, which means the more there are the lower their value (like Doge). When u compare the pros and cons Celsius blows their competitors out of the water. That's exactly why I use them. (not financial advice) 

As u know I've always been a fan of disruptive technologies like A.I., cybernetics, virtual reality, blockchain and quantum computers. Celsius is disrupting the banking system by giving their customers an alternative to withdrawal fees and hidden taxes. Just ask yourself this. Is it better to sell your crypto while the market mayhem is happening and take the loss? Or is it better to lend it to Celsius and take out a loan until the market recovers. Only u know the answer. It's usually what lets u sleep better at night. Do your own research and see how they work. 

This bear market can last until middle of 2023, but expect a bounce before then. That means u possibly have a year to accumulate and time to wait. The future is in your hands like clay eager to be molded. I'm watching the market less, creating and working out more. The weather is finally getting nice so it's time for a beach body. It's always good to detach from the market, get outdoors and connect with nature. I don't know how things are where u live but in Holland the summers are quite short. I wish u health, wealth and success.

Until Next We Speak, Be Well 

Tha One an Only