Scrolling through CB, found a 97m cap on CB sub $1. Lowest I have seen. Bought a small position 150k. Don't know the FA etc. good r/r on normie thinking. *A BET* based on cheap/low mc

A month ago I bought one like that, it did 3x. I sold for like 30% smh

$FOX Image
I feel like someone else has the same or similar idea looking at the volume spike the last 3 hours. Although not a lot of chart history to go off so not really a lot of data. On TA or FA. It's jus an idea based off past experience but it doesn't necessarily translate into future Image
To me that is small cap. Anything from 100-200m I consider micro. Yes itd large compared to Uni coins
Added a 50k
See what happens after vacation lol Image

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More from @Pentosh1

10 Dec
Thread

I think $BTC has been pretty easy to trade the last year. It's followed the same blue print. Given all the same warning signs at highs and lows

It has also given 2 chances to get out every time in a downtrend

60.7k remains key
Examples below + thoughts
RT :)
Each trend has started with a long range break of 30+ days of consolidation inside a range, with a break out deviation that then falls back into the previous range.
Read 7 tweets
10 Dec
Arthur Hayes Bera. Wow echoing the similar *concerns* too of the last month

"For those who are deciding whether to allocate more fiat into crypto, it pays to wait. I don’t see money getting any free-er or easier.
Therefore, it pays to sit on the sidelines until the dust settles after a March 2022 or June 2022 Fed rate hike.
Watch out for a puke fest in risk asset prices should the Fed hike, followed by a quick resumption of zero interest rate policy and aggressive bond purchases. When the Fed signals a return to business as usual, then it’s time to back up the truck.
Read 4 tweets
25 Nov
Every day I get thousands of messages from world leaders, the U.N, and crypto bro enthusiasts about $MC asking why price only goes up. It’s simple mathematics and few understand the tokenomics ponzinomics.

Essentially it’s all an endless positive feedback loop on price
Merit gets 500k in a seed deal for tokens. Prices only funds see not normies. They hit 1 100x = 50m in buy backs. People see number go up. They stake. Float drops. APY goes up = people buy = people stake

See ILV historical PA (same tokenomics) but improved
Essentially MC acts as an ETF for the metaverse and gives people exposure through their Seed deals + farms that then go into buyjng MC for treasury. Their treasury already larger than Sushi etc
Read 4 tweets
24 Nov
I’ve spoken a lot about the CPI data on Nov 10 and 60.7k level

To continue on that. If savings are at all time lows. And everyone is over-leveraged on debt at ath. While tapering begins with rate hikes. The result is panic. That panic creates a deflationary spiral
Which is needed

Few consider this a possibility yet it’s one of the highest possibility outcomes there is. What if deflation is part of a cycle like all cycles in the universe? I’m still of the belief 2022 will have many months of pain.
Even if you believe that fiat is worthless. You could be wrong. It’s worth having on hand at times like this because it can unfold and has in the past. The roaring 20’s? After deflation. 2007? After deflation when inflation was a hot topic. Short memories
Read 4 tweets
17 Nov
If you've ever played a sport like football, or any sport you know about momentum in games. It's something palpable. Markets to me are the same thing. You feel shifts, you feel something off.

I was bearish on $ETH bc of the weekly doji w/ context of location.
Now you have the doji, but then you also keep touching the dynamic support quicker and quicker with less time in-between = fading momentum. The other times I made red flag posts were here:
I've only ever made 2 red flag posts on here.

Read 5 tweets
5 Nov
1/ @Meritcircle $MC : Why Merit Circle has exeeded all BLBP sale records in history and why it is still wildly undervalued at 3$ per token. With something this big and little to no chatter? 🧵🧵
2/ First of all. The raise is holistic, meaning every $ directly increases earning potential and with it the value of the DAO. Every raised $ directly benefits the contributor = token holder = DAO owner

+ More $ to new games = more growth

3/

The Metaverse is infinite + gaming is the most immersive MV experience. It will be bigger than we can all imagine. If you want exposure to this explosive growth, you'd prefer a specialized and diversified approach
= an index
Read 20 tweets

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