Duo Nine ⚑ YCC Profile picture
Jan 22, 2022 β€’ 13 tweets β€’ 11 min read β€’ Read on X
1/ 🚨 MARKET UPDATE🚨 A thread... πŸ‘‡

Below I will share my views of the market and my plan, are you in? Lets go...

#Bear markets are great opportunities to scoop coins at a significant discount. The right picks can change lives.

Don't fall into FUD! Start planning!

πŸ‘‡
2/ This is my third bear market. Here is what I learned so far. Bitcoin first. πŸ‘‡

#Bitcoin bottoms after 85% drop from ATH, #ETH at 95%. Will we see similar drops now? Possibly, but maybe not.

Below the #Bitcoin levels to watch as we drop. Image
3/ $30k for #BTC is almost certain. If that breaks (likely), then $20k is in play.

To me $20k is the most likely level where we will bottom after a 70% crash. Why?

Previous ATH and strong support levels. Moreover, institutions are here now, so a 85% drop is less likely. πŸ‘‡
4/ If you think #BTC is not in a bear market, look at monthly MACD (pictured).

I will scale into #BTC as we move under $30k. WHY?

#Bitcoin can reach over $1 mil by 2030. Of course I am buying... πŸ‘‡ Image
5/ Now #Ethereum and shitcoins (ETH pictured).

I am not interested in #ETH until it falls under $1k. After that I scale in. I'd be surprised if it stops at $1.4k (70% crash).

#ETH will easily go into 80% if BTC drops to $20k. πŸ‘‡ Image
6/ What about my shiny #shitcoins? Expect a drop between 80-95%. That is when you buy.

Think #ADA at 30 cents, #Luna under $10, #SOL at $20. Do the math, see what makes sense.

Don't spend big early and don't fall for the FOMO relief rallies. πŸ‘‡
7/ Keep powder for when there is blood on the streets.

What I will buy at a discount (in that order):

1. #BTC
2. #ETH
3. #Luna / #LQTY
4. #SAND
5. #CRV
6. #BNB/#FTX/#WOO/#KCS
7. #UNI/#1INCH
8. #GRT/#FLX/#LINK
9. πŸ‘‡

No #ETH killers? No. #ETH will kill them instead.
8/ I will also get some high risk/high reward plays... depends what is hyped as we move into 2022.

Now start building your plan. What will you buy, when and start saving powder, particularly if $BTC falls under $30k.

It will feel like X-mas, but better. πŸ‘‡
9/ Good to also consider this picture for #BTC, but there are a few concerns:

1. Stock market crash incoming...
2. War in Ukraine...

If those materialize in 2022, I can't see how #BTC correction stops at 57%... πŸ‘‡ Image
10/ Don't focus so much on the bear market, but what it can offer you in the next cycle.

#Crypto adoption today is like the Internet in 1997. YOU ARE STILL EARLY!

Don't get sidetracked and ignore those joking about crypto... "look its crashing, told ya it's a ponzi". πŸ‘‡
11/ If you play this smart, it can change your life. Focus on that. WORK HARDER, MORE and KEEP BUILDING. 🀩

Find gems and #HODL them as $1,000 invested in 2022 can be life changing later.

If you liked this thread, please share, retweet, follow & like. If you need guidance...πŸ‘‡
12/ Join me on Discord:

bit.ly/3n2gng0

Bear markets are for buying, bull markets are for selling! Bear markets also build character and resilience, embrace them! πŸ₯°

P.S. If you lost a lot, it's just money, don't forget what matters. Trust me I know. πŸš€
13/ P.S.S. This is my opinion, the market will do what the market does. Prepare accordingly and do your research.

NFA.

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More from @DU09BTC

Oct 27
Bitcoin is in trouble.

If nothing changes soon, things won’t be pretty.

I’m not talking about the halving schedule or block rewards, it’s much more serious than that.

A thread 1/17 🧡 Image
2/ As Bitcoin goes mainstream, fees to transact on its network will replace block rewards.

This will be gradual and take place over decades. However, a new problem is starting to emerge.

It was harder to predict this, but now it’s here. Image
3/ The first incentive is to buy and hold Bitcoin. Nothing new so far.

However, we now have a bigger incentive. It has to do with you NOT using the real Bitcoin.

Intrigued?

Let’s look at the facts next and follow @DU09BTC before we continue.
Read 17 tweets
Oct 11
If you hold Ethereum, you are in trouble.

Uniswap, an ETH dApp generating $500 mil / year in fees, just created its own L2. Now, those fees are reduced by 100x and go into Uniswap pocket.

Multiply this by 100x with other dApps and ETH's price will go to zero. A thread 1/12 🧡
2/ The reason Ethereum has value is because of its fees that generate demand for its native token.

At the time of this post, it costs over $10 for a simple token swap.

ETH is on borrowed time as users are rightfully ditching this expensive chain. Who's to blame? Image
3/ Vitalik and his team.

They decided to scale Ethereum via L2s, but in the process they are losing their users. A bit ironic considering L2s were meant to fix ETH's scaling problem.

As L2s proliferate and users move out, Ethereum faces an even bigger problem. Image
Read 12 tweets
Oct 5
It took me 10 years in crypto to learn this - PART 3!

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 3. A thread. (1/11) 🧡 Image
2/ Since I started in 2014, I made many mistakes, but nothing compares to this one.

Buying altcoins.

But what did I know back then? Nothing. If you're new to crypto, learn from this thread.

What's my lost profit over the years thanks to alts?
3/ Over $1 million had I put that money in BTC and held. There is a reason I say this.

Altcoins are a losers game over time.

Bitcoin is a winners game over time.

Which game do you want to play? My next point will help sway you in the right direction.
Read 11 tweets
Oct 1
Last night I was the victim of one of the most complex social engineering scams I've ever seen impersonating @paraficapital staff.

If you're in crypto, you are a target.

This thread will show you how they did it and if they succeeded. Time to find out - 1/15 🧡 Image
2/ If you have any following they will target you. Their account will look spotless, clean text + X verified.

Ryan is a Principal of a billion dollar crypto company and sends you a DM on X, then he moves you to TG.

Your first priority is to confirm credentials. How? Image
3/ Ask a DM from their company X account or to send you an email using their official domain name.

Ryan was frustrated with my request, so he told me I need to do proper DD and see he's followed by almost all his Parafi team.

Instant red flag, but I decided to play ball. Image
Read 15 tweets
Sep 29
It took me 10 years in crypto to learn this - PART 2!

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 2. A thread. (1/12) 🧡 Image
2/ Altcoins are highly extractive.

VCs print tokens from thin air with a cost basis of ZERO.

When there is any demand for their token, they sell and absorb that demand. This is how they take your money, legally.

This is also why your blue chip alt didn't make a new ATH. Image
3/ VCs don't care about their token price!

As long as there is any retail demand, they can sell into it at a profit. That includes tokens down by 90% to 99%.

Remember, their cost base is ZERO! While retail waits for new highs or buys "discounts", VCs laugh at you. See XRP. Image
Read 12 tweets
Sep 22
It took me 10 years in crypto to learn this.

I'm offering you a shortcut so you don't have to wait that long.

The cycles repeat, but they are not the same.

Here's Part 1. A thread. (1/11) 🧡 Image
2/ Ethereum is having an existential crisis.

What's the point of ETH if all transactions + volume moved to its L2s?

Until ETH finds its purpose again, L1s like Solana will chip away at it.

It still has the mass, but the clock is ticking and Vitalik singing won't fix it. Image
3/ Solana's success sparked an L1 rush again.

Scaling into L2s or L3s just makes your L1 redundant, see ETH.

Therefore, L1s are back on the menu. Look into SUI and similar L1s.

Be on guard for an Ethereum resurgence as well since they won't let go that easy.
Read 12 tweets

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