Hello, this is Coinscript.

In today’s episode:

• How to Store Your Profits this Bull run using Stablecoins

• Bitcoin bounces back from the devastating start of the week.

How to Store Your Profits This Bull run 💸

Look, we get it. You're crushing it in this bull market, watching your portfolio go absolutely bonkers, and life is beautiful!

But let's have a real talk about something that keeps us up at night: protecting those sweet, sweet gains.

Remember that friend who turned $10,000 into $100,000 in 2021... and then back to $10,000 in 2022? Yeah, we don't want that to be you! 😅

The Sexy World of... Stablecoins? 🤔

Now, I know what you're thinking: "Stablecoins? Boring! I'm here for the 100x gems!"

But hold onto your hardware wallets, because modern stablecoins are nothing like your grandpa's USDT.

We're talking about magical internet money that actually makes you MORE money while you sleep!

How much? Try 15-20% APY with sUSDe.

That's right – your "boring" stablecoins could be making you more money than your friend's "amazing" stock portfolio makes in a year!

Why Smart Money Loves Stablecoins

Ever tried withdrawing a large sum from your bank on a Sunday? Good luck with that!

But with stablecoins, you're like a ninja… ready to strike when opportunity knocks.

And speaking of banks... While they're busy offering you a "generous" 0.01% interest rate, you could be stacking yields that make traditional finance folks spit out their morning coffee.

Here's what makes stablecoins the real MVP:

1. You Stay in the Game 🎮 No more waiting 3-5 business days to buy the dip. Your money stays ready to deploy faster than you can say "Bitcoin to the Moon!"

2. Tax Man Says What? 🤫 In many places, crypto-to-stablecoin trades give you more flexibility with your tax strategy than going straight to fiat. (Not financial advice – talk to your tax pro!)

3. Geography Is History 🌍 Got profits in Japan but live in Brazil? No problem! Stablecoins don't care about borders. Try doing that with your local bank!

The "I'm Not Leaving Money on the Table" Strategy

So, what are some of the moves you can make?

• Park profits in sUSDS for a cool 15% APY

• Stack another 20% with sUSDe if you're feeling spicy

• Even conservative USDC on Coinbase gives you 4.1% (better than your bank's 0.01%, right?)

But, Where is the Catch?

This wouldn’t be crypto if it didn’t have some risks involved.

So, what is the risk?

We mentioned the four most popular stablecoins.

• $USDC (Circle)

• $USDT (Tether)

• $USDS (Sky)

• $USDe (Ethena)

1/ Centralized stablecoins ($USDT, $USDC)

They are managed by centralized institutions and backed by actual dollars held in reserve.

The background?

USDC is like that straight-A student who always does their homework:

• Regulated by Uncle Sam 🇺🇸

• Backed by real dollars and treasuries

• Monthly audits that would make your accountant proud

• BUT... one phone call from the government could freeze your funds faster than your ex blocked you on Instagram!

USDT (Tether) is more like that friend who says "trust me bro":

• Been around forever

• Massive liquidity

• But transparency? Let's just say they're "working on it"

• And their reserves? It's complicated... 👀

2/ Decentralized stablecoins ($USDS, $USDe)

Those are managed by decentralized organizations, meaning no single entity has full control over them.

Those stablecoins are usually backed by tokenized assets, such as US treasuries, but also crypto assets like $BTC or $ETH.

The background?

sUSDS is the new kid trying to do everything right:

• No single entity in control

• Transparent on-chain backing

• BUT... if something goes wrong, there's no customer service to call

• And those smart contracts? One bug could send your money to the shadow realm!

sUSDe is like that crypto native who never sleeps:

• Fully decentralized

• Fancy yield strategies

• BUT... newer than your last relationship

• And more volatile than your mood during a Bitcoin dip

Most of the risks aren’t so likely to happen, but they are still possible!

So What's the Move? 🤔

This wouldn't be Coinscript if we didn't give you the real alpha. Here's how smart money is playing it:

For your "I need to sleep at night" money:

• Stick to USDC on major exchanges

• Yes, it's centralized, but sometimes boring is beautiful

For your "I'm here for the tech" stack:

• Mix some sUSDS and sUSDe

• Decentralization comes at a price, but those yields though! 🤑

Remember: Just like you wouldn't put all your eggs in one basket, don't put all your stables in one protocol.

Or as we say in crypto: "Diversify your bags, fam!"

Bitcoin Bounces Back from Devastating Start of the Week

Today is just another of those days, where you can see Crypto the way it is:

F**ing crazy!

Yesterday, we all nervously refreshed our portfolio trackers while going through our second bottle of… something.

And today, it looks like we are attacking the $100k again!

The market cap is looking healthy again with a rebound from $3.14T to $3.36T at the time of writing.

And the charts look green again:

Ahh, the good ol’ Green is back… 😎

But, this also wouldn’t be the Coinscript if we wouldn’t explain why the rebound is happening!

The main reason is this meme:

Well, not really, but the message behind it is:

Bitcoin dipped just under $90,000 yesterday, which triggered a big buying interest from everyone who waited to “But the dip!”

And of course, we can’t forget Michael Saylor, who bought another batch of Bitcoins for over $245 million, bringing his total number of Bitcoins to a nice round number of ₿450,000.

Another big reason that helped to push the price back up is BlackRock’s new Bitcoin ETF variant on CBOE Canada.

There are many more reasons that helped bring the price back up, but those were the main reasons.

Memes of the Day 🤣

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.