Crypto Mumbles – Telegram
Crypto Mumbles
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things I mumble to myself about crypto

basically my transparent crypto diary

education, analysis, and trades 🙂

Twitter: https://twitter.com/dpycm
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Crypto Mumbles
https://twitter.com/cobie/status/1517086096173469697?s=21&t=E1hpOsW66wdBq1HV0qlTdA #reads
I thought that this piece was actually pretty insightful, taking a different perspective from what is presented to retails

agree with the point on DAO as well

DAOs will keep failing as long as unqualified investors are allowed to vote simply by holding a governance token (not to mention how whales have more influence in votes simply by owning more tokens)

unqualified/uneducated retails/holders will tend to always go for short term/personal gains or make decisions that aren't clearly thought out instead of medium to long term goals that benefit the project

afterall, the barrier to voting is just holding a token which anyone can do so

not that i have a solution for this but i think DAOs will have to change to survive
Forwarded from unfolded.
This Friday 8 AM UTC, 46.7K $BTC are set to expire on Deribit with a notional value of $1.8 billion.

Max pain price $41,000, put/call ratio: 0.64
Forwarded from unfolded.
Ethereum max pain price $3,000, $1.1 billion notional value, put/call ratio 1.04
Crypto Mumbles
tldr; exit the melt up after fed starts cutting back i/r the fed starts to cut back when they sense something is wrong w the market at the same time, it sets up the market for the next QE impulse aka expansion https://youtu.be/cJL6H_tFNlo
honestly, I'm still leaning towards this despite things looking bearish

I still do believe there will be a melt-up before the huge crash (ofc I might be wrong as well I'm a pleb)

looking at BTC's price action thus far, despite the fud over the past months (whether war, i/r hikes, or countries banning, etc.), macro lows are still not taken out (holding strongly)

in addition, people that are buying dips/defending lows are moving BTC off exchanges into cold wallets to hodl (on-chain metrics)

of course, always ready to be wrong
today I learned that there are price charts for SOL NFTs

interesting to see if TA will work as effectively on NFTs as compared to tokens

https://www.solsniper.xyz/
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finally bought an ENS for myself

dpycm.eth

worth 💯
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