Coinbase has been sending me notifications for the price change of the Ampleforth governance token for years when I sold my airdrop for $35 each and I just don't think they'll ever stop
>avax is $5 and there are eulogies on the timeline
>cronje abandoning Sonic which is now $0.029 (I sold this at $2.50)
The world I knew no longer exists
I like this guy's account because he basically does what I do except with better execution and bigger size (because he's a better trader than me)
I have trouble seeing the vision this time though with Bitcoin looking so miserable and will wait to set bids lower
Godspeed
$3.2m deployed into zcash and near
earlier i posted about waiting for the perfect bottom and how it's burned me before.
well, i partially repented for that.
bitcoin looked weak in the high 60s. my read was it'd flush and probably hold 60k again. that level matters. it held at the start of the iran war, it's holding now, it's a major inflection going back to the prior all time highs. so my thinking was simple: when btc is down at that level, wherever my targeted alts are is probably a decent place to buy.
that's what happened. btc flushed, some of my bids hit.
zec at 460 and 450 for $2.1m, half my position.
$1.1m into near at 2.15, full size.
the other half of my zec bids are still resting at 440 and 430. if bitcoin bleeds toward 60k hopefully those fill and the position's done. if it doesn't, i'm still hunting that second half. and if zec reclaims the 530 area on a high timeframe close, the breakdown's over and i buy the rest up there instead. invalidation if it closes back below.
am i reaching for an extra 5% on that last half of zec wanting fills a bit lower than here? maybe. but if btc really hits 60k, those bids probly fill and then i have the internal satisfaction of that plan "working". maybe dumb, but sometimes the little things make me smile.
didn't get the perfect bottom. that was months ago, zec in the 200s, btc at 60k the first time. it's doubled since and i'm buying it here anyway. i sold earlier this month to protect capital in an ugly moment. i like how things have unfolded since so here i am paying up for the same conviction.
partial lesson learned, onwards brothers.
Later this year, likely after the release of the 30th Anniversary Collection, Pokémon traders will start to understand what infinite supply really means:
10 billion new cards injected into the market in a single year, combined with an illiquid market and slow trading rails through eBay or similar platforms.
And yes, gacha-rwa platforms will likely get rekt too.
At that point, NFTs will be seen in a completely different light. Just consider that, up until 2021, only around 10 million NFTs had been created.
1/100 of just a year of Pokemon issuance.
If we narrow that down to collections that actually mattered or survived, the number is probably under 100k NFTs.
In the long term, those NFTs will be viewed like Pokémon First Edition Charizard or Magic: The Gathering Alpha Black Lotus.
Their valuations are likely to keep rising year after year.
Looking at Pokemon cards on eBay
I am recommended a sponsored seller with a 91.8% positive feedback rating and a single card listed for $1.20
@eBay what uhh..... What's up?
@ManaMoonNFT Told a normie friend I bought blackberry stock and he legitimately threw his entire retirement account into it without even asking me a single question
You're.... Not him, right?
@Crypto_Pranjal The phrase "picking up pennies in front of a steamroller" needs to be remembered. Polymarket taught me to stick to things I am actually confident in, e.g. most of my profit is betting against crypto protocols launching above insane fdvs in a terrible market