I Bought That Crypto?

After meeting with my crypto guide last week, my homework was to buy into the liquidity pool of a new position. Based on the criteria I have been taught to use, ZRO/WETH was the best option at Arbitrum One. Following our meeting, I followed the guide’s directions. I “zapped” it and setup a test position.

When doing research on Krystal for ZRO/WETH, this is some of the information provided.

After setting up this first test position, I had available funds to set up an additional test position. After searching using the same criteria as before, I came up with ZRO/WETH again. But, since my previous test position didn’t show up as expected (It showed up as ZRO/ETH), I thought it was a new find. After I did the ZAP, I realized I created two test positions of the same pool. The range was slightly different for both positions, but still the same pool.

My two test positions on ZRO/ETH. I thought I was getting ZRO/WETH both times I zapped. I learned not all ZAPS in the liquidity pool delivery the product you think you purchased.

Now, I am watching my two test positions, and I am keeping track of my other two successful positions. Will I keep the more profitable test position and roll the liquidity of the less profitable one into it? Will I close them both and roll them into the PENDLE/USDT position?

Whatever I do, I am slowly building confidence with this flavor of crypto. Once I get too confident, I will learn a new variable and start taking the baby steps again.

While the underlying crypto is not always profitable, the properly chosen pairs can still generate consistent returns. Once I have the liquidity pools picked out that are a good fit for me, the only limitation will be the amount of money I trust to them.

About Andy G

Semi-retired dad of 4 biological kids and many others kids. Eyes on eternity while enjoying the blessings this life has available.
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