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Will Poskett Profile picture
@willposk
Jan 4, 2022 β€’ 10 tweets β€’ 7 min read β€’ Read on X
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Did a little deep dive on $DOT #polkadot
Heres my quick thoughts in a thread.
πŸ§΅πŸ‘‡
#cryptocurrency #crypto

If you found it useful please RT & share πŸ™‚
Let me know what you think.
1/ HISTORIC PERFORMANCE

$DOT we saw a lot of buying pressure in the run up to the first parachain auction on the first of Nov 11, which promptly saw a sell off.

Classic case of buy the rumour, sell the news.
2/ CORRELATION WITH #BITCOIN

Historically we have seen a loose correlation between #BTC & $DOT

However since around the 20th Dec #PolkaDot has broken away from the side ways moving #bitcoin

Could it breaking out?
3/ GROWTH IN DEVELOPERS

A bullish indicator for me is the amount of developers migrating to a platform.

Both #Kusama and #polkadot now have the second & third highest total of developer activity (source GitHub)

Bullish.
4/ SOCIAL & SEARCH VOL

Both search & social mentions are way below the November highs, which correlates with the hype in parachain auctions in Nov & the subsequent sell off.

However Its always good to buy in before the hype + social volume might picking up again ( right chart)
5/ MACRO VIEW - PT1

IMO their wont one L1 to rule them all. Similar to tech, there will be a few big players that dominate & a long tail of smaller ones (ie Amazon, Ebay and independents)

Either way $DOT & $KSM are well placed to thrive, as they help these L1s interact.
6/ MARCO VIEW -PT2

$DOT & $KSM could both ride the increasing hype around #web3
7/ DOUBLE BOTTOM?

Both $DOT & $KSM seem to be forming a double bottom on the daily chart, which is a bullish sign.

Also $KSM looks like it bounced off a resistance level at about $275.
8/ CONCLUSION
- $DOT & $KSM are well positioned to take advantage of #web3 macro trend & #layer1 resurgence
-Charts looking bullish on the daily (but keep an eye on it)
-Overall bullish & with prices being low potentially good time to buy.
9/ THANKYOU

Hope you find this thread useful.
Just my take & Not Financial advice.
If you enjoyed this thread, you might like my others covering
-TOKECONOMICS
-RESEARCHING ALTS
-BEST #btc indicators

πŸ§΅πŸ‘‡


If you enjoyed pls RT + share πŸ™

Thanks πŸ™‚

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More from @willposk

Will Poskett Profile picture
Apr 25, 2022
Many will be down bad in #crypto
Maybe you followed a terrible pick from an #Influencer & it dumped.

If you want to win in #crypto & you need to beat them.
You need to use the tools they do & find the best #HiddenGems first.

Here is a list of 15 essential tools you need πŸ§΅πŸ‘‡
1/ MESSARI

Always try to spot the next big macro trend or 'narrative' in #crypto. Just because #play2earn or #DEFI was hot in the past, doesn't mean it will be in the future.

The thesis by @twobitidiot at @MessariCrypto
is 1 of the best tools 4 this:

messari.io/pdf/messari-re…
2/ #CoinMarketCap

Once you have found a narrative, time to find some great potential projects that could run alongside it.

(Eg if #Defi is coming back, hunt for small-cap Defi projects)

@CoinMarketCap is one of the best tools 4 doing this.

coinmarketcap.com
Read 17 tweets
Will Poskett Profile picture
Apr 23, 2022
$50BN was wiped off the value of @netflix $NFLX this week.
To understand why I'd like to take a different perspective.

I will break down the #brand & #business failings that led to this loss.
In the simple & small thread below πŸ§΅πŸ‘‡
#marketing #brand #Netflix Image
1/ PRODUCT-MARKET FIT pt1

We live in an increasingly impatient world.

We live in a world where we expect everything immediately. We can buy whatever we want, with one click. We can order a taxi, instantly. And stream endless content, whenever we want.
1/ PRODUCT-MARKET FIT pt2

In this increasingly impatient world, $NFLX had a great product-market fit.

-epic amounts of great content.
-content that dropped all at once, no need to wait, just binge it all straightaway.
-no distractions, 100% ad-free.
-very cheap monthly fee.
Read 13 tweets
Will Poskett Profile picture
Feb 21, 2022
An important thing to master in #crypto.
Is understanding Tokeconomics.
It helps you eliminate bad projects fast.
And identify hidden gems πŸ’Ž

After learning from years of experience in #crypto.
Here is a simple thread that spells out what you need to knowπŸ§΅πŸ‘‡
1/ WHAT THIS THREAD WILL COVER

-Total circulating supply
-Total market cap & fully diluted market cap
-Token ownership
-Token unlocks
2/ TOTAL CIRCULATING SUPPLY (TCS) (i)

TCS is the max number of tokens that can ever exist for a project.

Think of it like shares issued by a company. The bigger the number, generally the worse it is.

Because each token represents a smaller % ownership of a project.
Read 20 tweets
Will Poskett Profile picture
Feb 18, 2022
There is a lot of uncertainty in the markets right now.
IMO too many are embracing an β€˜up only’ mindset.

But I have spent countless hours reading & learning.
To form my own hypothesis.

Here is a thread explaining what I think. πŸ§΅πŸ‘‡
⚠️ many won't like what I have to say.
OVERVIEW

To be clear I am bullish long-term on #bitcoin & the #crypto market in general.

But if you follow me you will know I have been bearish for a while.

And before you scream FUD or attack me.
Just read the thread πŸ‘‡
1/ BTC + STOCK CORRELATION

- $BTC is more correlated to the NASDAQ & SP500 than ever before.

-This is b/c $BTC is a much larger asset class + the relative increase in institutional investors.

-Once you understand this correlation you can begin to see some warning signs
Read 24 tweets
Will Poskett Profile picture
Feb 14, 2022
Investing in #crypto isn't easy.
Most make big mistakes.
And many lose a lot of money.

I have spent countless hours reading & improving.
And learning from my mistakes.

Here is a simple thread with the 7 key things I have learned & you need to know πŸ§΅πŸ‘‡
#cryptocurrency
1/ RESEARCH (i)
Despite being told to do you’re own research #DYOR most new investors don't! They APE in & let greed/emotions take over.

You NEED to do you’re own research & form you’re own hypothesis.

BTW watching an influencer Youtube video doesn't count.
1/ RESEARCH (ii)

Some of the most important things you need to research on a project are:

-Tokeconomics (market cap, unlocks & allocation)
-Brand story (a project many can get behind)
-Brand experience (is it easy to use + build upon)
-Does it play to a #crypto narrative
Read 22 tweets
Will Poskett Profile picture
Jan 30, 2022
Will #bitcoin nuke & take down the market?
Or will #crypto rise again?

While we wait to find out, let's learn about $FTM #fantom my most requested L1 to research.

If you find this thread useful please retweet, share, and tag a friend πŸ§΅πŸ‘‡
#cryptocurrecy #Fantom
1/ WHAT WE COVER
I will apply my strategy that helped me make big gains in 2021 to analyze $FTM (if you want to know more about this, see link below)

My strategy covers:

-Catalyst
-Cultural narrative
-Brand
-Tokeconomics
-Dangers

getrevue.co/profile/brands…
2/ CATALYST - 1

$ETH is struggling with high fees & slow speeds. And while there have been high hopes for $MATIC & other L2s...they are still not as cheap as $SOL
Read 19 tweets

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