Abbas pfp

Abbas

@abbas

110 Following
192 Followers


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Saumya Saxena
@saxenasaheb
Took the URL to IRL scene a little further today with an impromptu Nariyal Paani meetup in Bangalore, India. Doxxing /fbi legends @sidd @yalamanchi.eth @akshit @abhishekkumar @abbas
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Abbas
@abbas
On improving the lives of those around you
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Abbas
@abbas
Join me at the @solana Hackerhouse Bengaluru and listen to me yap about - Building a homebase for your community Long believed having an internet home for your friends and members is the only way to keep them coming back! See you all at the HH!šŸ«¶šŸ»
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Abbas
@abbas
Thereā€™s nothing more important in your 20s especially in crypto than to create a smooth pipeline for 1. Banking services/solutions ā€¢ Ideally 2-3 diverse providers ā€¢ Different currencies and geographies 2. Clean and liquid onramps/offramps 3. Clear documentation of transaction history and all gains/losses 4. Use services that can help you clean up your paperwork wherever necessary ā€¢ Tax filings, incorporation, etc Way too many young minds are corrupted by internet anons and have started to parrot the whole ā€œcompliance badā€, and just presumably adopted anarchy Not how the world works and the upside of keeping your noses clean and shit together is higher than earning internet brownie points with people that barely have a life outside this app I usually share a lot of this information with friends or those around me but felt like the least I could do is make this post so at least some of you could be saved
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Abbas
@abbas
Itā€™s time Iykyk
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Abbas
@abbas
Itā€™s been a very helpful filter to avoid those that still call it web3. 9/10 times the vibe test is bang on accurate Itā€™s crypto mf
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Abbas
@abbas
Things you should avoid if youā€™d like to protect your capital, survive the chop and not be left without enough dry powder when the opportunity presents itself 1. Too much exposure to illiquid jpegs -> These things need an overall chain wealth effect but when the native tokens rally most jpegs get rugged and do not outperform the native asset. Also insanely illiquid, youā€™ll undercut your own prices, so consider a 20% slippage even on low liquidity collections 2. Nano/Micro cap shitters -> This is pretty obvious. At the least go for small or mid cap shitters mate 3. Angel deals -> This is the worst. Iā€™ve absolutely outperformed every single one thatā€™s come my way in liquid markets. That doesnā€™t mean I donā€™t do it. It just means when I do, I truly believe in the team or Iā€™m willing to burn some capital to learn something new or gain exposure to X Also way too overpriced, the bear will have plenty good opportunities. This industry isnā€™t done yet.
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Abbas
@abbas
Are we all doing Token (Singapore) this time or KBW??
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Abbas
@abbas
Very few things I now agree with Chamath on and his opinions about money and work are some of them I basically said yes to every opportunity that came my way all through the last 10 years Had I said No to even one of those, my life would be entirely different My edge was and is ā€œYes, and Iā€™ll figure it outā€ - personally and professionally
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Abbas
@abbas
šŸšØ Thoughts on why onchain loyalty is a massive untapped opportunity
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Abbas
@abbas
The reason most people in crypto roundtrip their ports is because they secretly believe they donā€™t deserve it Nobody that thinks they could have earned the same or more outside of investing/trading would find the need to overtrade their ports to prove a point Donā€™t fuck this up
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Farcaster Builders India
@callusfbi
We've recently heard of a rise in various scams and schemes in the space. To help everyone stay safe, we have Agent @abbas hosting a session on how to stay safe onchain šŸ” Join us to stay SAFU. šŸ—“ļø : 27th June, Thursday ā° : 6PM IST Link: https://lu.ma/s0t1tgjw
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Abbas
@abbas
The memecoin and celebrity meta may seem exhausting and probably why you believe weā€™ve topped for this cycle This would likely be true if we did not have massive macro, ETF & regulatory tailwinds Add to that the consumer app - non speculative to speculative product ratio has never been better for the industry This is exactly what a lot of us saw in 2022 & 2023 (minus the liquidity) If youā€™ve got a slightly long term time horizon, youā€™ll do just fine
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Farcaster Builders India
@callusfbi
We have our 2nd grant winners: @brainstormhq šŸŽ‰ Brainstorm is a content & marketing studio helping Web3 projects with growth & content on Twitter & Farcaster šŸ“ˆ They'll be managing socials & comms for the @thehaberdashery to help strategically grow its social presence šŸ¤
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Abbas
@abbas
Check out my onframe NounāŒā—Ø-ā—Ø based on my Farcaster ID!
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Abbas
@abbas
240 $degen
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Abbas
@abbas
Can anyone recommend some good channels for builders?
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Abbas
@abbas
Whatā€™s some of the most exciting social/gaming products being built right now?
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Abbas
@abbas
If you are going out of your way to farm a protocol you donā€™t normally use to get a token you arenā€™t actually bullish on then you my friend are the one thatā€™s being farmed Protocol teams are of course not idiots, theyā€™ve done the math too, just like you have :)
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Abbas
@abbas
I feel like the math has been done and itā€™ll be hard to make the locked capital for new buyers be worth the ā€œunconfirmedā€ airdrop rewards The airdrop utility strategy only works if youā€™ve held these from the bottom and have a much lower cost basis Ideally lower than the average airdrop value
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