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(1)
First of all, I’d like to state that I’ve been around in #crypto since 2017 but recently came back online. I was a firm believer of #Ethereum & I still am, but I cannot say that I am an EthMaxi anymore. I treat $ETH as my stable.
(1)
First of all, I’d like to state that I’ve been around in #crypto since 2017 but recently came back online. I was a firm believer of #Ethereum & I still am, but I cannot say that I am an EthMaxi anymore. I treat $ETH as my stable.
(2)
Some of you like stacking sats, but I love stacking gwei. Since I’ve been back the #NFT space has boomed a lot & I myself own many #NFTs however that is a thread for another day.
I believe I entered the markets at the right time, on a downtrend.
Some of you like stacking sats, but I love stacking gwei. Since I’ve been back the #NFT space has boomed a lot & I myself own many #NFTs however that is a thread for another day.
I believe I entered the markets at the right time, on a downtrend.
(3)
Got really good discounts on some bluechip protocols & coins. This thread will be about some things to consider and utilize when your trying to flip some $. I entered the #Defi markets with $1,000 and am currently sitting at $130k.
Got really good discounts on some bluechip protocols & coins. This thread will be about some things to consider and utilize when your trying to flip some $. I entered the #Defi markets with $1,000 and am currently sitting at $130k.
(4)
This is without any whitelist. Just research and very basic TA as well as market psychology.
This is without any whitelist. Just research and very basic TA as well as market psychology.
(5)
Market Psychology:
One of the biggest importance in this current cycle is Market Psychology. Most people are very traditional with their thoughts and just follow the charts. But how can you really apply TA on coins that have no historical data?
Market Psychology:
One of the biggest importance in this current cycle is Market Psychology. Most people are very traditional with their thoughts and just follow the charts. But how can you really apply TA on coins that have no historical data?
(6)
The best indicator for me has been the sentiment. I learn this via twitter, searching for other people’s opinions and making a decision based on general sentiment alongside sentiment indicators that you can find online.
The best indicator for me has been the sentiment. I learn this via twitter, searching for other people’s opinions and making a decision based on general sentiment alongside sentiment indicators that you can find online.
(7)
I’ve also realized that entering low caps during a down trend can be very rewarding, such as meme coins. Some people are against meme coins, I know this as I was one of them. But I soon realized that they are here to stay.
I’ve also realized that entering low caps during a down trend can be very rewarding, such as meme coins. Some people are against meme coins, I know this as I was one of them. But I soon realized that they are here to stay.
(8)
It’s all about hype now, utility or product is a secondary factor.
The trend is your friend to make money, so follow the trend. At the time of writing this, current trends include reflections, so enter some of those.
It’s all about hype now, utility or product is a secondary factor.
The trend is your friend to make money, so follow the trend. At the time of writing this, current trends include reflections, so enter some of those.
(9)
Greed:
Most people lose with greed. If I enter a meme coin, I don’t enter with more then $100. No matter how confident I am on my research, or whoever is behind the project, $100 is enough for me to make some gains. If it does a 30x, then I now have $3000.
Greed:
Most people lose with greed. If I enter a meme coin, I don’t enter with more then $100. No matter how confident I am on my research, or whoever is behind the project, $100 is enough for me to make some gains. If it does a 30x, then I now have $3000.
(10)
I used this method with a budget of $1000 and gave myself 10 chances. I got rugged three times, but on 7 occasions I made some sweet gains which I then compounded via entering top 100 @coingecko coins.
I used this method with a budget of $1000 and gave myself 10 chances. I got rugged three times, but on 7 occasions I made some sweet gains which I then compounded via entering top 100 @coingecko coins.
(11)
Research:
I use @LunarCrush often to see what is trending, what is people talking about, twitter cash tags, reddit and I’m in some solid Telegram groups of which we call “gem groups”. These do not decide my decision to enter a trade, however I used them as an aid,
Research:
I use @LunarCrush often to see what is trending, what is people talking about, twitter cash tags, reddit and I’m in some solid Telegram groups of which we call “gem groups”. These do not decide my decision to enter a trade, however I used them as an aid,
(12)
alongside with honeypot checkers, reading ether/bscscan, etc. You can really minimize your risk of trade by more the research you do and the less questions you ask to others.
alongside with honeypot checkers, reading ether/bscscan, etc. You can really minimize your risk of trade by more the research you do and the less questions you ask to others.
(13)
I realised the more research I do myself, the bigger the profits were, because I rely less on second hand information.
I realised the more research I do myself, the bigger the profits were, because I rely less on second hand information.
(14)
Marketing:
Nearly every influential crypto influencer does marketing or some type of promotion for projects, and I’m completely fine with that and I encourage it. It helps spread the word of the project out at a rapid pace.
Marketing:
Nearly every influential crypto influencer does marketing or some type of promotion for projects, and I’m completely fine with that and I encourage it. It helps spread the word of the project out at a rapid pace.
(15)
But the most powerful marketing I’ve seen so far is cult-like communities. Check out $FLOKI or $SHIB for example. What is making these coins shine is the fact that the community is very engaged.
But the most powerful marketing I’ve seen so far is cult-like communities. Check out $FLOKI or $SHIB for example. What is making these coins shine is the fact that the community is very engaged.
(16)
So your biggest mistake might be following to see who is onboard promoting the project, actually you should be looking at how strong is the community and helping it form a stronger community if you’re invested in it.
So your biggest mistake might be following to see who is onboard promoting the project, actually you should be looking at how strong is the community and helping it form a stronger community if you’re invested in it.
(17)
Taking Profits:
This is something you have to decide. You will make mistakes, you will sell to early, or too late. But just think of driving a manual car. You can’t always hit a perfect shift, unless you keep trying.
Taking Profits:
This is something you have to decide. You will make mistakes, you will sell to early, or too late. But just think of driving a manual car. You can’t always hit a perfect shift, unless you keep trying.
(18)
So this relies on experience, the more you trade the more you will understand taking profits. I usually utilize my profits and enter top 100 @coingecko coins.
So this relies on experience, the more you trade the more you will understand taking profits. I usually utilize my profits and enter top 100 @coingecko coins.
(19)
Final:
I haven’t really included much information about defi projects now as I’ve been focused on #memecoins as that has made me the most money during this current market. But I’m happy to share my thoughts about this another time if you guys are interested.
Final:
I haven’t really included much information about defi projects now as I’ve been focused on #memecoins as that has made me the most money during this current market. But I’m happy to share my thoughts about this another time if you guys are interested.
(20)
I myself am also going to be more active on twitter. Hope this helps out a few people entering this crazy #crypto space! I guess if you follow me, more things will make sense, and I will be sharing more detailed information as I free up time.
I myself am also going to be more active on twitter. Hope this helps out a few people entering this crazy #crypto space! I guess if you follow me, more things will make sense, and I will be sharing more detailed information as I free up time.
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