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
Medium: https://medium.com/@dpycm
Lifemax (non-crypto): t.me/humblespace
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Gong Jiao Wei 巩娇玮
https://x.com/moonoverlord/status/1693364919637344535
still hard capped by the bonding curve imo

after a certain number of holders the share price gets too ridiculous disincentivising newer people buying in

plus imo the people from outside ct coming in rn are mostly here to juice the trend

if i’m alr famous why not just sign up and get more $ instantly

think most are not here to genuinely engage w fans or provide some form of privilege to shareholders -> after some periods people are tired of holding/trading w no returns -> pvp selling and things slowly die down (until the platform improves)
you can long/short friendtech index here on hyperliquid

https://app.hyperliquid.xyz/trade/FRIEND

you'll be earning almost 6k% apy just to short rn ...
40min market overview video but worth the watch

i’ve learned a lot from them on keeping trading extremely simple in the previous run

tldr;
1. bearish short-mid term
2. looking for buys on btc below 20k
3. look to accumulate alts trading similar to total2/3
4. go for alts with great rr even w conservative targets (not ath)
5. all we need is time (aka time based capitulation)
6. buy the next fud that sends us below 20k (if it comes)
7. accumulate alts that are trading in a range, buying at range discount or raid of lows

other than these points, do absolutely nothing and preserve capital

https://twitter.com/Tier7Network/status/1693566880446120261?s=20
get out of bnb if you can

play it safe and preserve your capital

i’d rather not take the risk keeping funds on it
Forwarded from ComeCircle Musings
If I tell you my asset side of the balance sheet and say look look I have so much reserves

But I do not show you my equity and liabilities you have no way of telling if I am insolvent

That’s like me showing you a condo/car I bought on excessive debt and you actually believe I’m rich - because you only see the assets and not my actual bank statements

Crypto exchange audit checks are meaningless unless we can prove the customer claim numbers.
USDC is launching on 6 new blockchains; Coinbase is increasing its support for stablecoins with an investment in Circle; Circle will take full control over USDC issuance and governance; Coinbase and Circle will also maintain a commercial relationship.

https://www.circle.com/blog/ushering-in-the-next-chapter-for-usdc