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Chinmay 🕹️🍿
@chinmay.eth
Doing a research. What do you want to know about a coin when it launches that will help you decide if you want to buy it or not? Here is what I got so far; - creator follower numbers greater than 5k - creator has a neynar score > 0.75 - the coin description is funny (subjective) - the coin has utility Anything else?
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YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
who bought it before me
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Chinmay 🕹️🍿
@chinmay.eth
oh, like a social signal !! Isn't it too late in some cases?
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YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
sure, probably in many but it depends on who I'm following. I use @interface to follow fellow collectors so I get a notification of what they bought. btw, I don't use any of the factors you originally listed. Too much diligence means not enough degenning, and I won't be early enough.
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Chinmay 🕹️🍿
@chinmay.eth
In that case, wouldn't you want to trade automatically if 2 (or some number of) folks in your circle have bought it?
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YES2Crypto 🎩 🟪🟡
@yes2crypto.eth
“Trade automatically” -> that’s a red flag so, no But knowing it, yes. This was my feedback in person at /farcon last year to @interface I’d want an alert and easy but secure way to initiate trades based on social graph buying. Ie, set 20 wallets If >=3 buy a token in last (x) months, I want to buy
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Chinmay 🕹️🍿
@chinmay.eth
Gotcha. So, you want the ability to do custom notifications based on a group wallets and timelines. Makes sense. Thanks for the input.
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Lawsn
@lawsn
Lol I’m loving this convo. So the motivation to buy is based on social proof >> did these people I trust already buy it
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