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@painofweb3

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@painofweb3
Gm phaver
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@painofweb3
Claiming my @socialtoken airdrop and crediting @0x97eth with my social airdrop for being a good friend
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@painofweb3
Observe Sui Chart. Tip of the iceberg of what bullrun looks like. Fdv won't matter. Mcap won't matter. Just when you think its too big, it does another 10x. Doge added 30b dollars in a day. 30b, not 300m or 3b. Buyyy good coins and memes and holddddd, you'll outperform.
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@painofweb3
Do you ever get a sudden surge of appreciation at the realisation that you’re living the life you dreamt of years ago? When the goal posts constantly change it can often be hard to truly appreciate how far you have come. Keep going, but remember to enjoy where you are too.
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If your currently portfolio isn’t at your 2021 ATH but it’s not zero, then you should actually pat yourself on the back. We went from a euphoric peak where anybody with a big red buy button in front of them could make unimaginable amounts of money to unfathomable lows where projects went to 0, exploits and hacks made it so everyday was tiptoeing around a minefield, and every single piece of a FUD anybody could come up with was shoved in your face on a daily basis. If you survived all of that and stayed in crypto, even if your portfolio is 1% of what it was at its ATH, you have been forged by fire and are more knowledgeable about one of the fastest growing industries in the world than 99.9% of people on this planet. You’re gonna make it.
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@painofweb3
The most interesting time to be trading on-chain is happening right before your very eyes
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This is how the most succesful memecoins work. They start with a cabal with strong hands, that needs to bring in many buyers, fast. This second wave of buyers needs to be gradual, and loud, and not get dumped on by snippers, making a third wave of people, some of whom are pissed for not being earlier, to FOMO in, while the earlier guys rejoice, as they just exerted mental dominance over others forcing them to buy a yet worthless coin priced in the millions, who then make more buyers to FOMO in, and so on and on, and with the passing of time a tribe forms, and if the tribe manages to keep volume and engagement high, eventually it gets exchanges interested, as they want the trading fees, and once tier 1 exchanges list the memecoin, then the coin finally reaches escape velocity, as the true plebs come in en-masse to buy while onchain holders dump and the cabal goes to buy themselves some houses while the second wave gets lambos and the third wave gets Pateks. Capisce.
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@painofweb3
A (very) unpopular opinion: The largest meme coins by marketcap ( $DOGE, $WIF, $PEPE, etc) are all below levels that they were at when I discussed them in my meme-pocalypse video some months ago. What we are seeing now- major memes stagnating while smaller marketcap memes go bonkers is akin to what we see once Bitcoin has hit a major top and money flows out of it into smaller alts while Bitcoin distributed at the highs. While previous meme “leaders” are in distribution- money trickles out of them and into smaller memecoins before markdown across the board begins. Just like the biggest alt season occurs after a Bitcoin top- the biggest “meme coin” season occurs after memecoin majors have topped. This isn’t the start of your “meme-coin super cycle”, this is the end of it.
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The use case of #Memes is to keep low volume markets alive by allowing people to rotate between illiquid tokens giving the illusion that everything is still fine when in fact it's not. Innovation and technology is still historically what has brought real money and real investors
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@painofweb3
Gm gm https://wallet.coinbase.com/nft/mint/eip155:8453:erc721:0x803Fc79D31AB30a39B3BD2A90171470cC82Ba44a
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There is ALWAYS another coin Why do I believe this mantra is so powerful? Because failures are a when not if in crypto. You will roundtrip You will sell before a 100x You will fumble countless plays Forgive yourself for past failures because there's always another coin
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@painofweb3
An asymmetric strategy in memecoin trading is to spot coins that : - Are several months old - Are down a lot from their previous top but not dead - Have flat-ish chart (ie bottoming) - Are a good meme - Could become a cult - Bonus if they are very unique instead of being a pure beta without any soul When you do that, you are in a situation where your downside is very limited while your upside is high.
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I believe crypto is the Future of France. -Memes are a social phenomenon but 99% will go to 0 -Defi is an asymmetric bet on a Trump win -To reach wide scale adoption, crypto should be seamless integrated into society so you dont even know you're using it. -We currently have too much blockspace; too few users 🙇‍♀️TLDR: Fat App Thesis in. Fat Protocol Thesis out.
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gm!🦉 I Just snagged 600 points on @thedapplist! 🤯 @phi Item holders - you gotta get in on this! 🙌 !
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@painofweb3
I missed ma streak
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The plan has been quite simple: - Sell when everyone is turbo aping alts - Start buying when people begin losing conviction that the dip was a lev flush to buy - Fully sized dip buys when missiles are flying and WW3 is about to happen (again) and everyone is de-risking because the war is 'only just starting' I may eat my words in the future, but I've seen this playbook often enough to have decent conviction on where prices go from here.
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Don’t be jealous of other people doing well this bull run. It will force you to make mistakes. Stick to your plan. Even if it’s a shitty plan at least it’s your plan.
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Back from Singapore. Some initial thoughts: What people share on CT and what they really think irl can be exactly opposite. Don’t depend on your timeline (extremely short term) for how to feel about the market and the industry as a whole, it's only for gauging sentiment The timeline was filled with bearish takes short term, while most people I met at Token & Breakpoint were super excited about where crypto is heading. The amount of innovation and new products being built right now is staggering Always remind yourself of the bigger picture - the growth of this space is exponential and is heading from 2T to 10T MC. I’ve said it before and I’ll say it again - we’re experiencing a generational wealth opportunity. Be optimistic, grateful and appreciate that it's still early. Head-down grinding until 10T comes. Everything in between is noise Big Q4 coming up, with all the CBs easing hard and you know what that means. Summer is over, the time to lock in is now
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everyone on here is posting the same chart just different tickers...everything is going to go up, vertical, without mercy. Pick your horses and don't over rotate. then change your life.
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Don’t feel bad when you miss a lot of opportunities in your space. It just means there are a lot of opportunities in your space. You just need to get better at catching them.
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