pretty good example of simple range trading btw

clear invalidation, nice RR 2.7

mid range swing to range high

trading doesn't have to be overly complex like some people do

taking this bounce to reoptimize my portfolio and selling off coins of low conviction

inspired by the substack 👌🏼

just scooped some metispunks on the metis nft marketplace

first NFT marketplace on METIS

metispunks is the first NFT collection on it as well

if you're bullish METIS it only make sense to get some rn

p.s. when I first opened the site the floor was 0.36 METIS

rn after shopping it's at 0.5 METIS

hold 3 or more for future NFT airdrops

https://twitter.com/MetisMarket/status/1489641529262358528?s=20&t=0dJpWEy12iQx5iMV2SNrEQ

metispunks launched on 4 Jan, fully minted in 6 days

metis marketplace just went live a few hours back and so metispunks listed for the secondary when the marketplace went live

early imo

NFA/DYOR as usual

might be a rug too 😮‍💨

BTC closed above range high on the weekend

most likely gapping for a retest

i’ve scaled out some btc

if you’re in for a quick flip the floor is up already

floor getting swept p quickly so you can sell out here for 20% profits (assuming you bought 0.5 floor jn)

+80% profits

gotta love crypto 😮‍💨

thumbs up if you entered 🥳

and now METIS tweets the nft marketplace

space bound?

https://twitter.com/metisdao/status/1490014614620418054?s=21

metispunks 2x since posting 😮‍💨

floor now 0.99

quick and easy 2x in a day here

do what you must, take profits and stuff if you need to

i’ll leave some punks to see where this goes

cheers !

BTC update

53/54k will be the level to watch

acceptance above this level and we can look for a higher high on macro time frames (>69k)

manage your risks, note the macro environment and do NOT solely rely on charts

also, we gapped @ 41k as expected

lines up nicely for a retest on RH to move higher

Big 4 coming in!

https://bitcoinist.com/firm-kpmg-adds-bitcoin-and-ethereum-to-its-treasury/

"The committee undertook a “rigorous assessment process” on the components that enable KPMG to make its allocation, from a regulatory and reputational standpoint to the custodial risks associated with holding cryptocurrencies. Of course, the firm also reviews the tax and accounting implications of its decision, according to the press release.

The firm believes this investment represents their optimism on cryptocurrencies and blockchain technology. Kareem Sadek, Advisory Partner, Cryptoassets and Blockchain Services co-leader at KPMG said:

"The cryptoasset industry continues to grow and mature and it needs to be considered by financial services and institutional investors. We’ve invested in a strong cryptoassets practice and we will continue to enhance and build on our capabilities across Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs) and the Metaverse, to name a few. We expect to see a lot of growth in these areas in the years to come." "

(3,3) ? hodl? wagmi?

understanding financial incentives of early backers/VCs to avoid getting dumped on

"If you are making decisions without understanding the financial incentives of those playing on the same field as you then I hope you’re not betting more than you can afford to lose."

https://cobie.substack.com/p/33

#reads

Google looking to value-add Web 3.0

https://www.monexsecurities.com.au/insights/news/us-market-news/google-just-gave-its-nod-of-approval-to-blockchain-and-crypto-technology/

lazy founders and plague of "if it works in web 2.0, it must work too in web 3.0"

https://jasonchoi.substack.com/p/web-3-and-the-curse-of-solutionism

#reads

I like this application by Alfa Romeo

using NFT and blockchain to determine residual values of cars more accurately

https://cointelegraph.com/news/new-alfa-romeo-suv-uses-nft-and-blockchain-to-track-car-records