bull market?
I don’t think so…
🧵👇🏽
I don’t think so…
🧵👇🏽
seems like CT is all lively again +
we are seeing some action and gains!
yet, I’m still comfy on the sidelines waiting patiently. why?
ps: since my last post 👇
prices on majority of low/mid cap has retraced by +50%...
we are seeing some action and gains!
yet, I’m still comfy on the sidelines waiting patiently. why?
ps: since my last post 👇
prices on majority of low/mid cap has retraced by +50%...
https://twitter.com/wilxlee/status/1449176999893766146?s=20
i believe we are in a zone called
"the dead cat bounce"
- short-term recovery in a declining trend.
- due to investors believing bottom has been reached.
investopedia.com/articles/00/10….
"the dead cat bounce"
- short-term recovery in a declining trend.
- due to investors believing bottom has been reached.
investopedia.com/articles/00/10….
altho prices have rebounded a bit, its worth noting that the volume is still quite low with little support. that means the cards can crumble again anytime. 
my thesis still remains:
when ETH hits ath, we go into price discovery which could range from 4-7k. This will drain liquidity as ppl take profits and pfp + gas becomes more fiat expensive.
👇
when ETH hits ath, we go into price discovery which could range from 4-7k. This will drain liquidity as ppl take profits and pfp + gas becomes more fiat expensive.
👇
https://twitter.com/wilxlee/status/1446009711355064320?s=20
once #nft slows, panic resumes
undercutting is again inevitable
thats when deals truly happen imo
this has yet to happen.
undercutting is again inevitable
thats when deals truly happen imo
this has yet to happen.
if this doesn’t play out,
i’m ok too
1. i still hold ~70% mid/bluechip
2. #coinbase #nft coming in late 2021.
it takes time for ppl to onboard.
im ok paying a premium if it picks up before then
i’m ok too
1. i still hold ~70% mid/bluechip
2. #coinbase #nft coming in late 2021.
it takes time for ppl to onboard.
im ok paying a premium if it picks up before then
currently we are only a week in since
the “btc/etc all time high” narrative has formed.
nothing fundamentally has changed.
no catalyst in the nft space.
the “btc/etc all time high” narrative has formed.
nothing fundamentally has changed.
no catalyst in the nft space.
my views have never being more clear.
i continue to mint projects that I like and would want to support - being a degen.
while this bounce also became a great opportunity for me to offload a tad more projects that I’m 50/50 on to stay even more liquid.
i continue to mint projects that I like and would want to support - being a degen.
while this bounce also became a great opportunity for me to offload a tad more projects that I’m 50/50 on to stay even more liquid.
have fun, enjoy, but be patient.
now the big question is, when is the time?
that’s why u should follow me/retweet bc I try to be as real time and authentic with you on my moves/process. 🌟
now the big question is, when is the time?
that’s why u should follow me/retweet bc I try to be as real time and authentic with you on my moves/process. 🌟
trust me guys, I am the know it all full time degen who calls market tops and bottoms every time. 🤣🤣🤣
jk please don’t.
truly am just a regular dude sharing my thoughts and logic so we can win together.
so yea, not financial advise.
take what you may.
jk please don’t.
truly am just a regular dude sharing my thoughts and logic so we can win together.
so yea, not financial advise.
take what you may.
much love and stay safe out there friends 🌟🌟🌟
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