Everyone thinks the paths to wealth are:
Building a startup. Going into finance. Investing in real estate. Inheriting it.
But there's an opportunity most overlook..
Buying a small business (yes, even a porta potty business...):
Trading a bull run is harder than you think.
90% of people are going to fumble the bag again this cycle.
Please don't be one of them.
This could be your last chance to make it in crypto.
🧵: Here are 15 rules you must follow in order to maximise this bull run.👇
Missed the $JUP, $ZETA, $MANTA, $ALT and $DYM airdrops?
People are already PRINTING cash from airdrops, and it's only February.
But don't worry, the golden year for crypto airdrops is just getting started.
🧵: Here's my FULL list of major airdrops I'm farming in 2024.👇
The $JUP airdrop is the biggest airdrop of 2024 so far.
They distributed over $750m, and some people made $10,000+.
BUT, only 25% has been airdropped so far.
This is just the 1st of 4 Jupiter airdrops.
🧵: Here's exactly how to qualify for the next 3.👇
.@SatoshiVM is one of the most hyped new projects in crypto right now.
It's an EVM-compatible #Bitcoin ZK Rollup L2.
You can get your hands on their token for FREE, in just a few steps.
🧵: I'm going to show you exactly how to land a $SAVM airdrop (time sensitive). 👇
I gave you $TIA, $JTO, $MANTA and more airdrops over the last few months.
But I just found a new airdrop which is still in Testnet (meaning it's FREE to complete), that I think has huge potential.
Retweet and like this post if you want me to drop a full guide tomorrow. 👀
Celestia will be home to some of the biggest airdrops in 2024.
If you haven't staked $TIA yet - it's not too late.
You could easily net $10,000+ this year.
🧵: Let me guide you through the exact strategy to receive Celestia ecosystem airdrops.👇
4 confirmed airdrops for $TIA stakers, all within a month.
And there's more coming...
Stake $100 in $TIA now ➜ Get $10,000 worth of airdrops later
The ultimate 10-minute guide to buy and stake $TIA 👇
How to properly position for an impending avalanche of Cosmos ecosystem related airdrops
The multi wallet mongo guide
I spent over 10 full hours yesterday scaling out my Cosmos ecosystem farming operations
Here are the key takeaways you can use to perform the required tasks faster and more efficiently than me
(for this guide I used Kelper wallet, other good wallet is Leap wallet, there are a few minor differences but majority of the same applies to both)
1/ Making and organizing more wallets
Unlike EVM wallets if you want to make another Cosmos wallet you can't just spin up another wallet under the same seed phrase by default, you have to create and write down a whole new seed if you want another wallet
Obviously you can see how this can become a large pain quite quickly
Unless....
You expand the advanced options when making another wallet using the same seed
You then increase the number in ONLY the 3rd box of the derivation path by 1
This creates the next wallet under that same seed phrase
You can then change it to 2 for the next wallet under that seed ect...
Ex wallet 1 = 0/0/0 (this will be the default), wallet 2 0/0/1, wallet 3 = 0/0/2 ect
I labelled the wallets in kelper like "Alt2-0/0/1" so I dont get confused it will also show the derivation path under your wallet when your viewing it in kelper anyways
So to recap: Add new wallet -> import using seed -> (type in or copy paste your seed) -> expand advanced options -> set the proper derivation path
Note: leap wallet lets you import using private keys I believe but Kelper does not
This same method also applies to hardware wallets but instead of importing a seedphrase you use the "connect your ledger/hardware wallet" option and open up the cosmos app on the hardware wallet
2/ Funding the wallets
Either withdraw from CEX
Or fund using a cross chain bridge tool like @squidrouter
You can either fund each wallet individually
Or fund one wallet and then send funds from there to other wallets within that cluster (network of wallets connected by a txn)
I would keep the cluster size not more than 7 (based on historical sybil filtering criteria)
3/ Determining Wallet structure/composition/organization
With limited funds I'm focusing only on TIA, OSMO, and ATOM (in that order) for a few reasons
TIA: not much to add here compared to what I've said in the past, modular, key powerful infra, many large projects building on top of it, over half the supply is staked and no unlocks until Oct 2024
Osmo: the defi hub of cosmos, history of consistent airdrops, project that want to launch with liquidity would want to align with Osmo stakers or LPers
ATOM: OG "base layer" of the ecosystem, may see diminishing returns from related airdrops, coin is likely to underperform in the future due to poor narrative, past internal drama
I took a 3 tier wallet approach
(current price on today jan 4th, TIA =$16, ATOM = $10.2, OSMO $1.5)
3rd tier: YOLO risky/basically sybil = ~3 tia ($47), ~16 osmo ($23), ~2 atom ($20), total cost $90
Why: Dymension set the sybil bar for 1 tia, 1 atom and 10 osmo, so naturally we have to front run that by an extra amount (sybil do 1-2 tia so we do 3 ect)
Could end up being a huge waste and may consolidate in the future
2nd tier: Mid/more reasonable size = 12 tia ($190), 110 osmo ($170), 11 atom ($113), total cost = $473
idea is to have at least $100-150 (ideally $250+) worth of each coin
We do 12 tia cause everyone trying to front run the 10 threshold will do 11 tia
I would exclude the atom amount and put it down to 2-3 ATOM if you had to pick 2
1st tier: Gonna make it/not mucking around = 26 TIA ($416), 170-200 OSMO ($260-$300), 26 ATOM ($267)
Past projects haven't gone above the 25 ATOM or TIA threshold for min allocations, or around 100-150 for OSMO, goal is around $250+ of each token to a max of $500
For wallet organization:
You either keep extending the derivation path under the same seed and organize your wallets group by a set number (ex alt 1- alt 5)
Or create a chrome profile with a new seed that only holds X number of wallets, around 5 is a good spot
The muti chrome profile is a good option to stay organized and requires less bookkeeping and less prone to mistake the larger you scale
Use a spreadsheet to keep track of what wallets were funded where by what, what wallets are clustered together, how much was staked on each wallet, what activity (swaps and votes) you have done on each wallet ect
Will probably release a spreadsheet resource for this in the future
4/ Performing interactions (staking, swapping, voting)
Staking: stake outside top 10 to 15, dont stake with a CEX validator (Ex. Coinbase Cloud), ideally also stake with a IBC relayer
You can stake with multiple different validators to hedge what matters is the total amount staked for that respective chain
Use this site to see validator rankings and IBC relayers for different Cosmos chains using tab at the top (remove the space)
https://analytics .smartstake.io/celestia
Swapping: perform cross chains swaps within the Kelper wallet, each cosmos blockchain is the gas token for that ex
Ex. Swap Osmo (on osmos) -> Tia (on celestia)
Optionally swap funds onto @osmosiszone and play around with swapping and LPing assets on there
Voting: At least once a week go to the Kelper dashboard and check the governance tab on the left to see acitve proposal for tokensa you ahve staked
Vote on proposal = cheap organic txn, dont vote "no with veto"
(description says if you vote this and its under 33% of vote you could get slashed, im unsure if this applies to you but better safe than sorry)
5/ This post took way to long to make so if you found this @info_insightful follow me or the free Insightful Insiders airdrop newsletter (link in bio) for more posts like this
or consider using my ref link in past content that Ive done (on my profile check highlights tab on desktop or search function on mobile)
Will likely be releasing a free cosmos interaction tracker and guide to help with organization in the coming days so stay tuned for that