Thread by @youngprepro

I posted a more detailed update about the whole Elon/Vitalik stuff -- and when I'll be buying $TRU dips (hint: NOT now) on my TG:

t.me/trugems

Since I can't find a way to copy the message here, I'll make it a thread.

So here goes:

1/ First of all, if you're not in the TG group it might be a good idea to join -- I won't always copy paste messages I post there here on Twitter like I'm doing now.

So:

2/ So the last 24 hours has been a rollercoaster and I'm sure many of you are rightfully worried.

For those who might be unaware, a few things happened:

- Vitalik sold some of his dog tokens and sent them to charity in an attempt to give meme coins the middle finger.

2 (contd)

- Not long after, Elon Musk announced that Tesla would no longer be accepting Bitcoin for Tesla purchases (although TSLA won't be selling BTC either).

This matters "BIGLY," because Elon's actions and words moves the crypto industry a great deal.

3/ Some are saying to buy the dips.

DON'T be fooled!

We haven't seen any *real* dips yet, and I think there will be.

Personally, I won't be rushing to buy any dips now - not because I don't want dips, but because I can get a far better discount if I hold out.

4/ If you've paid careful attention you'd realize that for a month or so we haven't really seen a bloody crypto weekend (which usually happens in the past).

I'm expecting some blood this weekend and lots of red.

5/ Who knows, we might see the crypto market dip below $2 trillion for a while before we rebound.

So, what am I saying?

I'm saying I'm NOT your financial advisor, and that you should be careful. Don't hurry to buy dips. We could see A LOT more red in the coming days.

6/ Of course, that's assuming everything remains the same; Elon, or some major other institution, could make a positive statement again and the trend is reversed.

7/ I'll answer two common questions a number of people have asked me:

1. Am I expecting dips on fundamental projects like $TRU and others?

Yes.

I haven't sold, and would not sell, ANY of my $TRU yet (I've bought LOTS of dips on the contrary).

8/ However, even fundamentally strong projects are not immune to market swings:

I'll hold out on buying more dips and see how the market plays out first.

9/ Honestly, you never can tell (and don't take my word for this and make a decision based on it -- you might get rekt if you try to "sell high and buy low," lol), but I won't be surprised to get some sub $.50 $TRU real soon (I'm waiting for the weak hands!).

10/ Well, you can read the rest of the whole message in the TG if you're interested:

t.me/trugems

Signed,
*Not your financial advisor* Bamidele