I lost ~70% of my net worth in FTX's collapse last year.
Instead of giving up, I decided to grind it out and was determined to make back what I lost.
7 months later, I'm proud to say I'm back at ATH!
This entire experience was very humbling and made me a much better trader in the process.
Thanks for joining me on the journey everyone.
Onwards to higher peaks now.
1) In this case you can buy in & check the chat quality based on the history. If it's bad, you sell for a ~10% haircut.
2) This is a valid point and I'm sure it happens. However, the big accounts I've bought into almost solely give alpha for the mental aspects of trading and don't directly shill tokens.
Believe most top FT keys are criminally undervalued.
The value received through being in the right FT chats can be immense when you consider a long timescale (weeks, months, (years?))
At the bare minimum, FT creators will stay active until the airdrops end IMO. (6 months)
Been on holiday for 2 weeks so haven't been active much.
Shouldn't have traded while AFK and got rinsed on some longs. (RIP $PEPE)
Regardless, excited to get back on the grind.
Vast majority of new tokens on $BASE will rug
Low gas prices are good for flipping shitcoins but also ideal for serial ruggers to cheaply deploy coins.
Your best bet is sticking to
- coins that are already winning (fastest horses)
- coins with large amount of $ in dev wallet