2/ -POTENTIAL-
Metaverse is a booming sector. A $25m market cap would put this in the top 80 metaverse. In my opinion this is much higher than a top 80. Long-term I would expect a market cap of a few hundred million.
This is not financial advice, it's my personal expectation.
3/ -TOKENOMICS-
The tokenomics for CRAFT are phenomenal. 1.7m circulating supply at the moment, the max supply is 30m but there is a burning mechanism which will eat away 5m of the supply.
CRAFT is required in order to play the game, which will keep demand for the token high.
4/ -NO PRESALE DUMPS-
Presale investors receive 5% on TGE and won't receive more tokens for 90 days, therefore they won't be able to dump. After that, they are vested for 15 or 18 months vesting.
Good vesting is the mark of a good project.
5/ -BUYING-
Buying was a pain. I had to bridge from ERC20 to AVAX C Chain using the official AVAX bridge (DYOR) and then buy on Trader Joe.
You can also buy AVAX on KuCoin and withdraw to C Chain.
6/ -MY PLAN-
I will be scaling in and buying the dips. I never ape in a full bag unless I am in presale. As with anything, do not be a dumbass.
Well thats a bad typo. 25 mill not 252
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When I pick a good crypto I take profit religiously and reinvest the dips, or into other projects.
I research my ass off to find projects early. When I do get in late I scale in dips instead of ape.
I have a small team and we share research.
Success isn't always being right. It's about accepting when you're wrong and learning from it. It's also about working as hard as you can to achieve your goals.
2/ This chart shows $MVI, which is the Metaverse index, an index of several MV cryptos overlaid on a $BTC chart.
Since the end of September MV has decoupled from BTC. This was due to Zuckerberg changing FBs name to Meta. News based decoupling is common and not noteworthy.
3/ From the 10th of November, things have become strange. We are seeing a true decoupling. Last week I thought it was momentary and things would reset. One week later the gap is only getting bigger.
1/ When I first looked at $LYXE I wasn't blown away. Big mistake, this #metaverse and #NFT crypto is an absolute gem. Now I have my second chance and I won't waste it.
I've shared my LYXE entries already, I've gone bigger at 17. This one is a 3-6 month hold.
2/ Lukso is a #blockchain for #NFTs using ETH 2.0 proof of stake. At least it will be when the mainnet comes out. It is dipping right now because the mainnet was delayed. Delays are good, it means they aren't rushing out something that doesn't work to keep people happy.
3/ It also means that paperhands have gifted me prices I thought I would never see again, thanks 😘
Why is Lukso so good?
First, it gives you an identity in the metaverse that you can take from MV to MV, even on different blockchains. Some other cryptos do this.
1/ This is the first in a series of articles on gem hunting. I'll start with the easiest way, launchpads (LPAs).
Some say that LPA #cryptos aren't gems because of presellers price dumping, but I got a lot of good #PlayToEarn and #Metaverse gems for LPAs. They're 💎 imo.
2/ You need to be aware of vesting schedules, so you can plan for dips when presale holders dump. This info is on the LPAs telegram.
If you don't know what a LPA is, it's a service that promotes and launches cryptos. Holders of the LPA crypto get presale prices.
3/ You can find gems by visiting a LPAs website and looking for projects that are launching. You won't be able to get in presale if you don't hold the LPA, but nothing is stopping you from getting in after public release.
1/ Support and resistance (SR) is crucial in trading. Especially in #crypto where technical levels are respected. This is the first thread in a series where I will break down SR. I'm starting with the simplest form of SR, psychosocial levels (PL). #cryptotrading
2/ PLs are always useful, but they're best used when a crypto breaks an ATH and you have no price data you can use for SR. $BTC is the first example.
On BTC psych levels are every 1k, starting from 70k the levels are 71, 72, 73, 74, 75, 76, 78, 79, 80, 81. You get the idea.
3/ On smaller caps big rounded numbers can be more powerful, these are called major PLs. The smaller ones are called minors. More in examples below.
Why do these rounded numbers matter? Why is 75k important but not 75,182?