ILiveInLambo 🦇️🔊️

I don't care about cults and boring mantras.

[ILiveInLambo 🦇️🔊️ @LiveLambo]

3/3 in prison

Bull is coming

https://t.co/fBOmk2y6iu

[ILiveInLambo 🦇️🔊️ @LiveLambo]

Bear market ends when at least one of these 3 goes to jail

Do Kwon, Zhu Su, Sam Bankman-Fried

Preferably all 3

[ILiveInLambo 🦇️🔊️ @LiveLambo]

Eventually all 3 will end up in prison, but it's a good start for the new Bull

https://t.co/fBOmk2y6iu

[ILiveInLambo 🦇️🔊️ @LiveLambo]

Bear market ends when at least one of these 3 goes to jail

Do Kwon, Zhu Su, Sam Bankman-Fried

Preferably all 3

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@WhyWorryChain No idea because I'm not using liquid staking services yet, but 4% is possible yes, although I think APR will be lower when more people stake after Shanghai

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@WhyWorryChain 99.99% buy the news event, especially if ETH/BTC goes to 0.06 support or lower

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@WhyWorryChain Higher FDV market cap than Matic & Solana, with 1/100 of its users so I think it's so overvalued 'by fundamentals'

In a new bull market, new L1s should outperform previous ones, so maybe a great pick when current hype ends & before new bull market starts

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@WhyWorryChain I think L2's will also perform very well in next bull market, but I would just use them as narrative trading/short-term investing when the correct time comes

I may create another twitter acc in which I share my takes on short/medium-term speculative trades & market vision

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@WhyWorryChain I still have the same idea

L1's are the best schelling point for every participant in a network, regardless which Dapp they use/invest, also they get monetary premium, which in bull markets it's what gives you overvalued P/E & still "be fine"

I make trades in Dapps sometimes

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@MBuciuman No idea about current legal troubles.

I know he would be margin called by silvergate at BTC ~13k$, regardless if this ends up happening or not, I don't think his crypto journey will end up well with the amount of leverage he has

[ILiveInLambo 🦇️🔊️ @LiveLambo]

Update:

$SOL: 15$ ✅
$AVAX: 7$
$ADA: 0.10$
$LUNA: 3$ ✅
$SAND: 0.15$
$GALA: 0.01$ ✅

I'm pretty sure we will see the other ones go to those levels as well

https://t.co/XdbXhq6Zbe

[ILiveInLambo 🦇️🔊️ @LiveLambo]

My target prices for next year:

$SOL: 15$
$AVAX: 7$
$ADA: 0.10$
$LUNA: 3$
$SAND: 0.15$
$GALA: 0.01$

[ILiveInLambo 🦇️🔊️ @LiveLambo]

$TSLA is the most similar TradFi asset compared to Crypto assets

Majority of investors show cultish behaviour instead of trying to objectively value the company

At least Tesla is a profitable (although overvalued) company, most crypto protocols aren't even profitable

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@Hekc111 https://t.co/7DFK3XuqZy

You can check P/S ratio there, it's based on current circulating supply so you need to adjust it to get FDV P/S

I'm assuming all earnings will go to every token holder since most will become validators thanks to liquid staking

Current P/E ETH: 177

[ILiveInLambo 🦇️🔊️ @LiveLambo]

SOL: -96% | FDV P/E: 676

AVAX: -93% | FDV P/E: 2285

ADA: -92% | FDV P/E: 5556

FTM, ONE, DOT, etc. similar metrics

Even if they've fallen 90%+, they are still overvalued by at least 1 order of magnitude

[ILiveInLambo 🦇️🔊️ @LiveLambo]

SOL, AVAX, LUNA, FTM, ONE, etc. are dead projects

Even if they eventually go up, they will heavily underperform new shiny altL1s & especially L2s

The sooner you sell those bags, the better you will perform in the next bull market

This time is no different

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@GCRClassic Elon Musk won't be the CEO of Tesla & will have debt repayment problems w/ Twitter, potentially going bankrupt

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@Xatarrer Not happening in 2022

I overestimated demand for ETH in a bear, there is not high constant non-speculative demand just yet

Think it will happen in the next bull, I agree

[ILiveInLambo 🦇️🔊️ @LiveLambo]

I get how Su Zhu & SBF pretended to be smart money and deceived most of us

But Barry Silbert?

He bragged about being the biggest holder of ZEC, ETC & NEAR lol

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@adamscochran It makes 0 sense

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@CanteringClark I don't see how hiding the cold wallets addreses from the public make the system any safer tbh

[ILiveInLambo 🦇️🔊️ @LiveLambo]

Cryptocom CEO claiming he has sold customers' ETH for USD & holding the USD on a competitor exchange

The next FTX in the making

https://t.co/UeQEONmAbF

[Kris @kris]

@ledgerstatus @jconorgrogan All funds were returned. We have single digit USD million balance on Gate as of now.

[ILiveInLambo 🦇️🔊️ @LiveLambo]

@adamscochran Going through DeFi protocols, swapping USDT for USDC like crazy

Doesn't looks like liquidators tbh