DREAD BONGO Profile picture
Oct 30, 2021 10 tweets 5 min read Read on X
🧵

For anyone who is disappointed on recent price action..

I implore you to zoom out

Yes every meme coin under the sun is pumping.. but these fundamentally strong projects are forming beautiful charts on longer timeframes..

For example..

1/
$ZCX

"OMG it dumped from $7 to $4.50!"

No, it corrected after a monster move from under $1 to nearly $8 🔥

Nothing goes "Up-only" unless its got a dog in its logo 🐶

Structurally, $ZCX is holding its move & supporting well at these levels

Remember.. Supply shock ⚡️

2/
$QNT

On shorter timeframes, you would think $QNT was either performing poorly or a fresh, new stablecoin..

When, in fact.. Its actually carving a textbook Bull Flag on the weekly 🔥

The probability of $QNT breaking up is high and true support at these levels points to that

3/
$ALBT

Another chart that shows a nasty decline on lower timeframes..

Yet, $ALBT moved 440% in just 6 weeks

Price has returned perfectly to the support block to its left 👍

To initiate the next pump, I suggest @AjajaRachid change their name to AllianceKitties or some shit

4/
$UOS

After hitting $1, it can be underwhelming to revisit these levels..

But zoom out and look at this fucking $UOS chart! 😍🔥

Every retrace was bought up & with the current #crypto gaming environment, it's only a matter of time this chart continues up..

5/
$LUNA

On every timeframe, $LUNA looks amazing tbh 🔥

Break out here is just begging to test the $100+ levels and with the ecosystem that's forming, regardless of SEC stuff..

It's looking likely $LUNA's push into top 10 will print an even more beautiful chart

6/
$HTR

To be honest, $HTR is one project that's been disappointing in its performance..

Lower highs on higher timeframes and tightening into a rather large wedge..

I expect big things from $HTR.. but I think the team need to up their game to match the projects potential

7/
$DMTR

Is one project I've been very disappointed in price-wise tbh..

Retracements at launch are common though.. and with the strong fundamentals, plus real adoption happening with $DMTR

I expect this to be nothing but a small blip in the future 🔥

8/
$MNW

Another case of "Ahhh, It retraced 25%!"

Well, that was after a near 1,000% move since July 🔥

Finding support around this $3 level is perfect to form a base for the next leg up on $MNW

Another beautiful chart on higher timeframes 🔥

9/
You getting it yet?

Focusing on shorter timeframes is a sure fire way of getting shaken out & missing the larger, more powerful moves

Operating on higher timeframes allows you to see the whole picture, rather than a snippet

Remember, "Patience is a weapon"

#Bongomentals

10/

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More from @DreadBong0

Jun 4, 2023
$TAO Thread Part 3

Another thread to help newcomers understand the project

Here is everything that's been happening over the past few months to help give a full picture

If these are useful, then let me know 👍
Here is a link to $TAO Thread Part 1..

And here is a link to $TAO Thread Part 2..



Give them a read to get fully up to date 👍
Read 68 tweets
Mar 21, 2023
How to Stake $TAO ✅

Tutorial 👉

A quick video showing you how to delegate your $TAO on the Bittensor Network & begin staking

This has been a question I've received A LOT.. so here you go 👍 Image
Step 1:

— Go to polkadot.js.org/apps/?rpc=wss:…

$TAO
Step 2:

— for "using the selected account", select your source wallet

— for "submit the following extrinsic"

—— select "subtensorModule" in the left column

—— select "addStake(hotkey, amountStaked)" in the right column

$TAO
Read 8 tweets
Feb 9, 2023
🧵 $TAO Thread Part 2

Another thread of my thoughts over the past month for newcomers delving into $TAO & wanting to learn more

@bittensor_ is a complex project to understand on the surface..

Hopefully these threads help break them down so they are easier to understand 👍
I made a first part to this thread that I encourage you to check out

It will give you a greater insight into $TAO and what they are striving to build

$TAO Thread Part 1 👉
Bittensor in a nutshell ✅



In 4 minutes, you should understand the scope and vision of $TAO
Read 32 tweets
Feb 6, 2023
🧵

I first shared publicly..

$AZERO at 10c.. it went to $3.10
$QNT at $1.. it went to $420
$ZCX at 3c.. it went to $7.30
$UOS at 5c.. it went to $2.60
$ALBT at 6c.. it went to $1.33
$TAO under $10.. its at $70

I try to share this stuff as early as possible..

1/
It doesn't always work out & some projects don't fulfill their potential

Also.. bear markets happen

Def got some projects dead wrong & been burnt a few times

Being early is a risky game within itself.. you're largely taking a punt on an idea

But thats the name of the game

2/
Some projects it doesn't matter how early you are.. if they fail, they fail

That's why a form of profit taking is always best practice.. for protection against these risk

It's not good being early.. watching it hit highs.. then witnessing it crash

Whilst taking no action

3/
Read 20 tweets
Jan 2, 2023
🧵 $TAO Thread

Hopefully it gives newcomers to the project an idea of what @bittensor_ is and what they are trying to achieve

I will continue to add to it as time passes.. Its a re-hash of my thoughts over the past 6 months

$TAO = The creation of the Neural Internet 🌐
Imagine Machine Learning problems were not solved by huge centralised supercomputers owned by a few mega-corporations..

Instead.. Leveraging every available computer around the world in a truly decentralised manner to train ML/AI models & allow them to connect & interact

$TAO
#Bitcoin is rewarded via every block.. But there's a lot of wasted energy through those who offer compute power & fail

$TAO takes those extra compute resources & uses it to develop/train Machine Learning & AI models via the Bittensor network

Meaning very little energy is wasted
Read 23 tweets
Jan 1, 2023
🧵 Thread

People like to bring up my bad decisions/investments as proof I am not very good at this or an idiot

Maybe they lost money on a project I spoke about.. maybe they just don't like me

And there is no denying I've made a lot of mistakes on this journey

1/
I am the first to admit that I am not an expert when it comes to investing..

In fact, I am a straight up rookie

I have spent 5 years in this game..
- 2 of them clueless
- 2 of them getting lucky and guessing
- 1 of them competent and improved

2/
I think having an account with a decent following gives the perception the person knows what they are talking about

I think it can also impact the person behind the account in thinking they actually do know what they're talking about

When in fact.. they most likely don't

3/
Read 25 tweets

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