One effective way to make large profits without taking too much risk is to be able to size up on an on-chain cook that pumps to $200M+ mcap starting from much lower

Since this summer we've had :

$GIGA
$NEIRO ETH
$SUNDOG
$NEIRO CTO
$MOODENG
$SPX
$FWOG

There is at least one opportunity like that every month.

The good news is that you don't need to catch all of them.

Actually, you just need to nail one.

i remember late last year i was still trying to figure out what would be the 3,3 of this cycle that gets everyone excited and kicks off the bull market

we had ohm previously and now participants are too aware of 3,3 to pile into another ohm fork again (because it collapsed!)

was thinking that it might be LRT, whereby folks just stake and restake and 3,3 to juice out yields, but that quickly didn't work out too

kept thinking that it had to be something new or innovative to captivate folks, but well...

i think we've found the 3,3 that we were looking for with the guidance of murad, nothing new or fancy but in fact an appeal to our basic beliefs as humans which is to have faith

to believe in something

no whitepaper or technical jargon bullshittery w complex mechanics that most are afraid of getting caught off guard by (ie. luna), instead with memes everything is laid out clearly - 100% circ, just a funny picture, and thin liq - so that every participant knows clearly what they're getting in to -> instills more confidence

i'll never underestimate faith because it is the basis of every religion and if you study the doge coin (ex) millionaire, you'll be surprised to see many more of these types of people with strong faith in their memes (extreme diamond handing) this cycle

only question is at what point will faith alone not be enough?

because at that point is when you start running for the exit doors

more mumbles but

now that we’ve *just* found the 3,3 of this cycle i think this market has more legs to go higher

BUT as i mentioned, at certain valuations faith alone is no longer enough for marginal buyers nor is it enough for early buyers to keep holding huge paper profits

this will be a luna speedrun

but at the same time we need murad to shill the masses by saying much higher! one more year to go! cycle ends late ‘25! for retail to have faith in the 3,3 jpeg of a frog

the exact pattern of previous cycles will repeat because human tendencies never change

and i likely won’t talk about this again for the sake of pve

i rotated some popcat profits into mini yesterday to try size up a little more

looking for strong price discovery

https://fxtwitter.com/trmachine888/status/1843652734714868227

i have to admit i lost iq after rotating to memes this cycle

can obama just go sonic already lmeow

hopefully i'll still get hired after my loss of iq

$bcat

used to be a popular meme on ct, but now seems a bit forgotten and rarely mentioned

+ cat meta
+ range breakout chart
+ year long consolidation

price discovery next

^ gotta be careful ye

feels like ct is forgetting all about the meme dilution that we talked about now that memes are approaching consensus (dilution continues as we restart the pumpfun engine)

until (real) pve money comes in, i think most memes are cucked after a certain repricing *especially* the ones not on murad's list or have a very strong case for

most memes won't see ath again because hot money will simply rotate around memes that don't have a cultish community (ie. dead charts or memes that had no strength until the recent rally)

those communities failed the test in times of red, so i don't see why they'll prosper over stronger ones without pve szn

a good quote i read today, "everyone can play, but not everyone can win"

ETF Flows: 08 Oct 2024

🔴 Bitcoin ETFs: -$18.6M net outflows

🔴 Ethereum ETFs: -$8.1M net outflows

#reads apps

https://fxtwitter.com/ryanwatkins_/status/1843791818640720124?s=46&t=nluSw7cwYGx8zFxfoYi5Iw