Crypto Mumbles
/buck_to_a_buck gonna magimaxx my bags that bottom was free
pinged the bottom a few times
that bottom was free
that bottom was free
Crypto Mumbles
i see a lot of ct folks replying under buck's post asking for ca what are the odds that a legitimate web2 company would want to be implicated with web3 memecoin scandals? almost zero to me... so i don't expect any form of endorsements or pvp vamp attempts…
brief buck mumbles here^
still of the view that buck below 100m is free
whether it can flip luce is another story, but let's just go step by step
still of the view that buck below 100m is free
whether it can flip luce is another story, but let's just go step by step
🔥3👎1
exited pippin on this bounce to reallocate elsewhere
i realised i was holding it just because it was risk free without much conviction
will hold as stables first
i realised i was holding it just because it was risk free without much conviction
will hold as stables first
👍2
Forwarded from The Horse Hangout
Good morning, everyone.
I honestly don’t think there’s a significant difference between 98k and 100k at this point. It seems clear where we are in this move.
Anywhere from here to 100k feels like a level where retail enthusiasm outpaces whale activity, leading to a healthy amount of profit-taking. If it tags 100k, it will likely push through nicely (see the "hundy roll" phenomenon). However, the path afterward is more likely to turn corrective.
This is the time to start identifying the fastest movers. Keep a close eye on Coinbase pairs, monitor your social feeds, and pay attention to what people outside of this market are suddenly interested in. Often, assets ignored by crypto Twitter (CT) will start to gain traction.
Be mindful of your leverage.
Hopefully, you picked up on my confidence in ETH from last night’s video. While I can’t predict its exact path, it’s trading quite differently than it has all year.
I honestly don’t think there’s a significant difference between 98k and 100k at this point. It seems clear where we are in this move.
Anywhere from here to 100k feels like a level where retail enthusiasm outpaces whale activity, leading to a healthy amount of profit-taking. If it tags 100k, it will likely push through nicely (see the "hundy roll" phenomenon). However, the path afterward is more likely to turn corrective.
This is the time to start identifying the fastest movers. Keep a close eye on Coinbase pairs, monitor your social feeds, and pay attention to what people outside of this market are suddenly interested in. Often, assets ignored by crypto Twitter (CT) will start to gain traction.
Be mindful of your leverage.
Hopefully, you picked up on my confidence in ETH from last night’s video. While I can’t predict its exact path, it’s trading quite differently than it has all year.
👍2
Forwarded from The Horse Hangout
Also, remember that valuations are more important in some conditions than others. In a roaring move, momentum and animal spirits take over. Preset ideas about how high something should or can trade, go out the window.
Phantom is now the number one utility app on the Itunes store, above Google. Our valuations for the prior year have been under one set of participants. We have more lungs now to blow up this balloon.
Liquidity matters, market cap not so much.
Phantom is now the number one utility app on the Itunes store, above Google. Our valuations for the prior year have been under one set of participants. We have more lungs now to blow up this balloon.
Liquidity matters, market cap not so much.
Forwarded from The Horse Hangout
Another point, since we are crossing the Rubicon:
Don’t fall into the trap of seeing an obvious leader and thinking, “That’s already up a lot—I need to find the next version of it.”
Just like in nature, it’s better to bet on persistence than to hope for some random change to happen while you’re watching. What exists now is what matters.
If something consistently leads off the lows, it’s sending you a clear message. Pay attention.
One more thing to consider—though it might seem trivial—is the psychological effect of viewing charts on your computer screen. When you see a chart that has gone up significantly and is constantly pressing against the top margin, it can create a misleading impression that it’s “too high” or out of reach.
Don’t let that perspective skew your analysis. I have seen this countless times where the chart looks way too extended, the market cap is totally inflated to what seems like a big number, and then you look back and need to zoom in to find that portion of the leg because it is now dwarfed by the move that followed.
Don’t fall into the trap of seeing an obvious leader and thinking, “That’s already up a lot—I need to find the next version of it.”
Just like in nature, it’s better to bet on persistence than to hope for some random change to happen while you’re watching. What exists now is what matters.
If something consistently leads off the lows, it’s sending you a clear message. Pay attention.
One more thing to consider—though it might seem trivial—is the psychological effect of viewing charts on your computer screen. When you see a chart that has gone up significantly and is constantly pressing against the top margin, it can create a misleading impression that it’s “too high” or out of reach.
Don’t let that perspective skew your analysis. I have seen this countless times where the chart looks way too extended, the market cap is totally inflated to what seems like a big number, and then you look back and need to zoom in to find that portion of the leg because it is now dwarfed by the move that followed.
🔥3
The Horse Hangout
Also, remember that valuations are more important in some conditions than others. In a roaring move, momentum and animal spirits take over. Preset ideas about how high something should or can trade, go out the window. Phantom is now the number one utility…
really like this post
in a bullmarket all rationality goes out the window
last cycle L1s were trading at ridiculous premiums
as an example, right now we see ai16z trading huge multiples over NAV but honestly who cares
just weeks ago, people were saying sui trading at 1/3 sol valuation was too overvalued, sui continued pumping higher anyway
the past year, our targets have been pegged to one set of participants which is essentially CT pvping
now we'll have more numbers blowing up valuations to ridiculous heights
liquidity is whats important, not market cap
as cobie jokingly said, "market cap is the market's capacity for future gains, the higher the better."
in a bullmarket all rationality goes out the window
last cycle L1s were trading at ridiculous premiums
as an example, right now we see ai16z trading huge multiples over NAV but honestly who cares
just weeks ago, people were saying sui trading at 1/3 sol valuation was too overvalued, sui continued pumping higher anyway
the past year, our targets have been pegged to one set of participants which is essentially CT pvping
now we'll have more numbers blowing up valuations to ridiculous heights
liquidity is whats important, not market cap
as cobie jokingly said, "market cap is the market's capacity for future gains, the higher the better."
🔥4😁2
yknow boy who cried wolf
when ethbtc starts actually reversing, majority will be sidelined or in disbelief
anyw, eth and sol pumping arent mutually exclusive events
no point fighting over it
when ethbtc starts actually reversing, majority will be sidelined or in disbelief
anyw, eth and sol pumping arent mutually exclusive events
no point fighting over it
👍4
Forwarded from CryptoCapo TG
$SOL update ✅
Expansion after 6 months of consolidation. About to reach new ATH. The reaction there would be important. If the bearish thesis is right, we could see another retracement from there to the major htf support zone.
Expansion after 6 months of consolidation. About to reach new ATH. The reaction there would be important. If the bearish thesis is right, we could see another retracement from there to the major htf support zone.
🤣10😁2
Forwarded from infinityhedge
MICROSTRATEGY DOWN 15% AFTER CITRON RESEARCH REVEALS A SHORT POSITION