Introducing Jeremy Guzmán: How His Rules Based Set Trades Using The BTC RSI — Set Social Trader Spotlight

Anthony Sassano
Jan 22 · 5 min read

Welcome to the Set Social Trader Spotlight Series. In these posts, we’ll give you an insight into the traders that are part of the Set Social Trading platform. Learn more about Social Trading here.

Today, we’ve got an interview with Jeremy Guzmán for all of you to enjoy.


Hi Jeremy, nice to have you. Can you give us an intro of yourself?

Hello I’m Jeremy Guzmán and I’m currently a Graduate Assistant at Mount St. Mary’s University pursuing an MBA and a certificate in Government Contracting. I’m also the Co-Founder of Mass Adoption LLC.; a crypto-education platform that delivers the tools needed to gain a familiarity and overall comprehensive understanding of the burgeoning ecosystem that is cryptocurrencies and blockchain.

I began trading, primarily Bitcoin, back in 2016 — this was just before the main stream hype flooded the market. Since then, I’ve been focused on educating newcomers on how to properly acquire, sell, store, transfer, and trade their coins/tokens. As my company’s name indicates, my goal is to further mass adoption in the most secure manner possible; all while piquing the curiosity of the individual to dive deeper in the bottomless rabbit hole that is crypto.

I saw you were creating a Set that rebalances between WBTC and USDC based on Bitcoin’s RSI indicator. Can you go into more detail about this Set and its strategy?

The WBTCUSDC RSI Set uses a pretty straightforward market indicator/trading strategy. Through the use of the relative strength indicator, users are able to see when BTC (or WBTC in this particular Set) is at a oversold/undervalued condition (e.g. RSI reading a level of 30 or below) or overbought/overvalued condition (e.g. RSI reading a level of 70 or above).

Example of overbought and oversold regions of 30 & 70 using VISA INC: NYSE historical price data.

This said, the WBTCUSDC RSI Set will expose users to under/overbought levels of BTC; capitalizing on price velocity while leveraging profit-gain and hedging loss. The Set will automatically rebalance if the Relative Strength Index (RSI) crosses below support or above resistance varying price momentum.

If the WBTC/USDC RSI falls below support at 40 in an existing uptrend, WBTCUSDC RSI Set rebalances WBTC into USDC.If the WBTC/USDC RSI breaks above a resistance at 55 in an existing downtrend, WBTCUSDC RSI Set rebalances back into WBTC.

Bitcoin/USD RSI 1W indicator on Coinbase using bounds of 70 & 30.

You’ve been following the DeFi space for a while and are actively working on educating people about the blockchain space. What are the most interesting developments in DeFi that you think more people should pay attention to?

In my opinion, the DeFi space is a hotbed of phenomenal innovative projects and a potential foreshadower of what’s to come regarding self-sovereignty, wealth management, and finance disruption.

As a disclaimer, most of these projects operate via smart contracts in which are intrinsically risky so please do your due diligence and stay up to date with any audit reports, community updates, and GitHub commits.

However, what truly intrigues me about the DeFi-space is the boundless opportunity that’s offered. For instance, say someone would like to invest in real estate but unfortunately does not have the capital to make a down payment, or simply isn’t interested in REITs. The RealT project provides this hypothetical individual with the opportunity to own a portion of a tokenized property; furnishing this person with a potential stream of passive income and the ability to say that he/she owns some property somewhere. Shoutout to @Trustlessstate (RealT COO, David Hoffman).

Projects such as CHAI and rDai have revolutionized the way users can utilize interest-bearing assets. With CHAI users don’t need to submit their ETH in exchange for Multi-Collateral Dai (DAI) to further participate in DSR (Dai Savings Rate). Instead, all the individual needs to do is simply swap his/her ETH via Uniswap or KyberSwap (two well-renowned projects in the DeFi space) for CHAI and now they’ve begun earning at the same rate as DSR. A similar concept stems from rDai. Yet, they’ve tweaked this by allowing the accrued interest to be transferable to any desired entity/individual. In other words, you can spend your interest while earning interest. It’s a win-win!

Eventually, I could see a world where TokenSets integrates these two tokens (CHAI and rDai) into their Sets; same way as how they’ve implemented cUSDC into some of their yield-focused Sets. To push the envelope a bit, I wouldn’t be surprised if they stack some of their Sets, while coupling with interest-bearing assets such as cUSDC, CHAI, or rDAI. Imagine buying a stacked Set that’s comprised of the ETH/BTC Ratio Trading Set and CHAI. That would be awesome. Or even, creating Sets that expose users to passive-income assets (i.e. RealT) or derivative token (i.e. Synths via Synthetix) and pairing the former and latter to a pre-existing or developing Set that act as crypto ETFs, if you will. The sky’s the limit.

What’s something that most people don’t know about you?

One thing that most people don’t know about me is that I have a huge fascination with conscious and subconscious studies/research. That field never fails to blow my mind. For those interested, go read up on Bicameralism and Panpsychism — if that doesn’t get your thoughts going I don’t know what to tell you :)

I guess another fun fact is that I published a book titled, Messages From The Broken, a little over a year ago; available on Amazon.com, and I released a song titled, Never Hold Back by Just A Vibe; available on all streaming platforms — go give it a listen!

Where can people follow you on social media?

Feel free to shoot me a follow:

Instagram: @jguzzy_lhro

Twitter: @___Guz___

Telegram: @Guz_MassAdoption

Anything else you’d like to tell us or your potential followers?

As an avid crypto-enthusiast I would urge newcomers to thoroughly do your own research, create your own opinions, and actually try to use the service/product. Time and time again I’ve seen individuals lose money because they just went off a suggestion/recommendation/signal seen on CT (crypto-twitter) or from an inexperienced friend.

Through my Set, and the selection provided through TokenSets’ Social Trader platform, my goal is to create a trustless community that aims to expedite mass adoption use-case while delivering profitable trading strategies/tools that will improve/diversify anyone’s portfolio. At the end of the day, it’s a learning process so have fun with the perpetual innovation. #BuyMySet #GiveMeAFollow #SupportYourCryptoEntrepreneur


Conclusion

We hope you enjoyed reading this interview! Jeremy will be one of our premiere traders when Set Social Trading goes live in the next few weeks. If you’d like to be notified when Jeremy’s Set goes live, head here to sign up!

Learn more about Set and join our community

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Anthony Sassano

Written by

Marketing at https://www.setprotocol.com/ | Co-founder of https://ethhub.io and Co-host of the Into the Ether podcast

Set Labs

Set Labs

Grow your crypto using automated asset management strategies

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