Jack Niewold Profile picture
Feb 20 12 tweets 4 min read
The Coinbase exploit that could've tanked the market, how to protect your NFTs, and a tweet PROVING we deserve a bear market.

🧵 the best crypto tweets from last week:
~$2 million in NFTs were stolen from a phishing attack on Open Sea: here's how it happened.

How to revoke the permissions that made the Open Sea phishing attack possible (and other hacks like it):

A LT thesis on why the macro bull case for Bitcoin is alive and well:

Knower's extended list of the best writers in the space:

(he excludes himself, go check him out at theknower.substack.com)
The tweet proving we deserve a bear market:

NFT icon Cozomo de' Medici launches 'Project Nothing' in which he earned over 50 ETH for LITERALLY nothing.

ZachXBT has famously written many well-researched threads exposing grifters, scammers, cheats, and Wonderland Finance multisigners.

Here's how you can find ALL of them in one place:

Finally, the post-mortem on the avoided Coinbase hack last week:

Want to see more weekly wrap-up threads like this one?

Let me know by giving the first tweet in the thread a RT/fav, I've got it linked below for your convenience:👇

If you liked this thread, and you’re into a pragmatic, non-emotional, no-bullshit approach to crypto investing, you’d like my newsletter.

My team writes rational, logic and data backed reports about making money in crypto. Check it out:

cryptopragmatist.com/sign-up/

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Jack Niewold

Jack Niewold Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @JackNiewold

Feb 21
Russia, the United States, Ukraine, WW3, and Crypto.

Bears vs. Bulls

A megathread.
1st: I know nearly nothing about foreign policy, Russian politics, war, and the intricacies of the Ukraine conflict.

Thus, my duty today will not be SOLELY to present some news and the opinions of others.

And I'll be relating everything back to crypto.

We'll begin with...
1. THE BEAR CASE

tl;dr: WW3 is bad for the economy
Read 20 tweets
Feb 17
Remember when you promised yourself you'd buy the dip back in May 2021?

It's here.

Tons of projects with strong cash flows, good earnings, and ludicrous P/E ratios are all on sale.

Here are the 5 most undervalued protocols by P/E ratio:

🧵👇
First, a finance lesson: P/E ratio means price-to-earnings ratio.

It basically means how much you pay for $1 of yearly cash flow. A low one is generally considered good, a high one is generally considered bad.

Shiba Inu's P/E: Infinity
GM's P/E: 7.29
Tesla's P/E: 136
5. GMX | P/E: 11.6

Every degen's favorite perpetual exchange, GMX is already doing about $6 million a month in revenue that gets distributed to holders via staking.

Since the token launched just five months ago, GMX has continually trended up in price, volume, and revenue.
Read 17 tweets
Feb 16
AN UPDATE ON THE SOLIDLY WARS.

Featuring ve(3,3), $SOLID, @AndreCronjeTech, and more.

🧵👇
@AndreCronjeTech If you're not caught up already, this thread is a basic (but outdated) primer on Solidly, originally known as ve(3,3):

So how have the Solidly Wars played out?

The below table is what I used to inform my trading strategy.

It shows us the Market Cap/Solidly Token allocation.

Basically, how much you have to 'pay' for exposure to Solidly tokens:
Read 14 tweets
Feb 14
How to not get rekt hunting micro caps, DeFi dark arts, and a new narrative for $BTC.

🧵 a thread of the best crypto tweets from last week:
DeFi dark arts èlite-tier degen strategies:
Read 12 tweets
Feb 14
A running list of crypto-related super bowl commercials:

(A thread, not in order)

🧵👇
Coinbase

Etoro

Read 9 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

:(