Khao

Community builder. Writer.

[Khao @khao_buildr]

Mainstream adoption won't come from users learning to navigate #web3. It'll come from protocols integrating into native web2 environments. #Web2 will be the UX layer of web3.

[Tatsuki @Tatsuki599]

I plan to 50x my crypto portfolio (and keep it) by 2025.

The strategy is easy, but executing is not.

Here's the plan👇

1) Dollar-cost average
2) Buy charts
3) Stick to spot
4) Focus on mid-large caps (but not blue chips)
5) Sell 1% per day starting 9 months after BTC hits $70K
6) Exit all altcoins in 2025

Now let's take a closer look:

1) Dollar-cost average
Dollar-cost averaging is investing 101.

Through the bear, I bought in at predetermined points in time. Now I'm buying dips. I buy 5-10% pullbacks of projects showing strength.

I'll continue buying until after the post-halving pump.

2) Buy charts
Fundamentals are crucial, but 98% of projects go up in bull markets.

Therefore, I'm looking for cryptos with the most upside potential on the charts. I buy breakouts. Also, I rotate capital if one chart looks over-extended while another is breaking out.

I'm chasing undervalued projects, not euphoria.

3) Stick to spot
Zero leverage. There's really no need.

Crypto has enough volatility to make massive profits with spot. Moreover, leverage adds liquidation risk. I'd rather hold spot with my feet up.

Essentially, I'm aiming to minimize my chances of losing money.

4) Focus on mid-large caps
I've been burned by small caps and bored by blue chips too many times.

Mid-large caps are the sweet spot. Lots of room for growth, but less risky than low-caps. I've seen much success with $100M-$1B market cap projects.

I keep a small allocation for degen plays, but this makes up less than 2% of my portfolio.

5) Sell 1% per day 9 months after BTC hits $70K
Bitcoin peaked 11 months after hitting its previous all-time in the last bull market.

Therefore, I'll sell 1% of my portfolio per day (on average), starting 9 months after BTC claims $70K. This means I'll have almost entirely exited shortly after the bull market peak, provided history repeats.

And I'm okay with not selling at the exact top - most people who try to, lose.

6) Exit all altcoins in 2025
Bull markets end around 18 months after the halving.

Alts dump the hardest. Therefore, I'll be entirely out of alts by the end of 2025. Some profits will rotate to long-term BTC, but most to fiat.

Then, rinse and repeat in the next cycle.

The plan is simple.

The tricky part is avoiding greed and removing emotion. It is never "up-only."

Right now, we stand at the cusp of a monumental opportunity. Potentially the last ever "easy" crypto bull market before TradFi takes over.

That said, the bull will not last forever. I learned this the hard way.

[Tatsuki @Tatsuki599]

$MYRO is finally moving. I've been watching this project for a while. Just hit a $60 million market cap.

Offers trading bot utility and one of Solana's leading meme coins.

Currently showing immense bullish momentum. Let's see how far this rally goes...

[cousin @cousincrypt0]

$INJ Finnishes top 10 by the end of the cycle

[Khao @khao_buildr]

@misterrcrypto $38K is definitely not out the question

[Khao @khao_buildr]

$MYRO is above to take off🚀

[Khao @khao_buildr]

5/
The verifier has implementations in C++ and Rust. As such, it can run on many different platforms and on many different blockchains.

Want more crypto breakdowns? Follow me to not miss out.

[Khao @khao_buildr]

zkVM project @RiscZero raises $40 million in a funding round led by Blockchain Capital. Let's dig in.

A thread. 1/

[Khao @khao_buildr]

4/
And that's not all.

According to their website, both the prover and verifier are fully open.

This means programs can be proven locally, preserving privacy and information hiding.

[Khao @khao_buildr]

3/
As a result, FTX and Alameda are now trying to retrieve the funds.

This is an interesting case, highlighting the issue of transparency and accountability in charitable giving.

[Khao @khao_buildr]

Here's a deeper dive on what's going on with FTX:

Crypto Exchange FTX and Alameda are trying to get back $71 million from philanthropic and life science entities.

The funds were donated to the entities by Sam Bankman-Fried, the CEO of FTX and Alameda Research.

[Khao @khao_buildr]

2/
The donation was made in the form of FTT tokens and donated with the understanding that they would be used for charitable purposes.

However, it has been alleged that the entities have not used the funds for their intended purpose.

[Khao @khao_buildr]

Litecoin Whales Accumulate 600,000 LTC as Halving Nears 1.

Melody on the Blockchain: Empowering Artists by Tokenising Music Royalties 1.

China is cracking down on crypto again 1.

Solana records 1 outage in first half of 2023, 100% uptime in Q2 1

[Khao @khao_buildr]

July 22 crypto news round-up:

Tesla Still Holds $184 Million Worth of Bitcoin but Halts Further Buying.

Crypto Exchange FTX and Alameda Seek to Retrieve $71 Million from Philanthropic and Life Science Entities 2.

[Khao @khao_buildr]

Layoff Chronicles: Binance Joins Major Companies in Workforce Reductions 1.

It’s game on as Apple GPT Takes on Generative AI 1.

Leaked Documents Reveal Bitcoin Actually Created by AI in 2003 1.

RFK Jr vows to back US Dollar with Bitcoin- will this work1.

[Collin Rugg @CollinRugg]

The guy on the left is a ‘health expert’ and the guy on the right is a ‘danger to health and science.’

Yeah, ok.

[Khao @khao_buildr]

@LayahHeilpern thEre HaS tO Be A deeGree oF tRusT. Why have a currency backed by trust? Where is the value vs trustless? This pissed me off

[Watcher.Guru @WatcherGuru]

JUST IN: 🇺🇸 Federal prosecutors are investigating Sam Bankman-Fried & Alameda Research for market manipulation that led to the collapse of $LUNA and $UST.

[Khao @khao_buildr]

So far this week on CT we have Twitter files and new AI tools.

No exchanges collapsed and founders run off with billions in users money. Nice.