thank you everyone.
everyone who stands with us, everyone who made sure we understand our shortcomings,
and everyone who cares about us.
I love you all.
the ticker is $CLOUD ☁️
@Kimali100x@sanctumso@defilogist Yea it all depends what risk you're taking compared to your initial pf.
If you look at the top 100 earnest, it is relatively similar to what the top capital won throughout the airdrop.
But yea I get your point, the team said they'll focus on capital for S2 anyways
GM everyone, today, i'm speechless and extremely grateful to @sanctumso , all the team & the different members I came across in this project and in the people in general I met throughout my crypto journey. 🫡
As @defilogist said : "If the price action goes well, the narratives that will be born from the Earnestness Allocation are going to be crazy. We will switch from anecdotes of Solana where gamblers made millions from meme coins to stories where people made crazy wealth by genuinely contributing to a major Solana project."
So today, i'm here to speak about my narrative & share my thoughts and one of the many good stories you'll hear concerning the $CLOUD airdrop. ☁️ As well as how I dealt with it.
---> 🧵
@DoNotAtMeIDC@sanctumso@defilogist Not really, they'll focus on capital allocation for S2. Why are you on crypto if you say no money gets created, it's the same from every coin, whenever you get money it comes from someone else mate, that's just life but np
That's all for me, I can't wait to read other stories such as mine in the future.
I invite you to read this excellent article as well https://t.co/yKZcSH57mi
Thanks again to @sanctumso , @JupiterExchange for the smooth launch & @TheDiggersDAO for all the rest.
Love u all ❤️
My thoughts about crypto however changed today. Indeed I had a capital allocation of 750 $CLOUD (750 vested for 14 days) as I used their platform since the launch of Wonderland which was roughly what I expected to have since it was linear, in addition to the passive income granted by LSTs in general.
However, to my biggest surprise (even though I believed cloudmasters would have a small bonus) I also had the chance to receive an earnestness allocation of 75k $CLOUD (75k bonus vested for 180 days) in addition to my capital allocation for my engagement in the project & the discord in general.
How I dealt with the airdrop
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Considering that this airdrop was 2.5x my current pf, I decided to claim it to mitigate my risks. I hesitated to let it vest as I still believe in them in the long-run but I believed that this is still the best decision to take considering my pf size and my current financial situation.
I might regret it but i'll be happy for everyone's that is letting it double.
I personally sold 2/3 of my airdrop, rolled it into USDC, Jup and few LSTs. I'm letting the rest for the long-term and look forward to see what's next with Sanctum & the token. I can't wait to see what the team is cooking for us for S2. But whatever happens, count me in Sanctum :)
My thought process was : "Okay, I had my chance of growing a huge pf, but hey, I have to live & eat. This whole crypto thing allowed me to survive unemployed for a year. So now i'm letting the rest grow but i'm taking a step back from crypto to focus on my professional life."
In this state of mind, using Sanctum was and still is the perfect fit for my investment strategy. Buying LSTs and letting it run for a long time.
Logically, I therefore decided to be active in the discord, enjoy the community and help the newcomers to understand more deeply what sanctum was about. I also shared few thoughts with the team to, in my POV, make the product better in general.
This activity granted me the role of cloudmaster in the discord, which at this time I believed was just a thank you from the team and I appreciated it a lot.
During the bear, I mainly just re-injected money, followed from far the market, few projects and waited patiently.
Nothing really much happened until September 2023 where I moved to another country to end up my full-time studies and this is where I started back to put a big interest in crypto in general.
Had some big wins along the way, multiplied again my pf by 10 thanks to shitcoins, nfts, some big coins & few projects, managed to reach a "big" pf for a student. However I faced financial difficulties here in my new country and had to roughly withdraw 2/3 of my wallet to pay the bills & my studies in the previous months.
My narrative
I started crypto in May 2021, the 11th of May to be exact, I bought a bit of everything and unfortunately, this was the day before the first crash of 2021.
I saw my wallet goes -20% in a day, -50% in the upcoming days. Yup I got fcked.
However, I kept up and luckily, I was here to experience the NFT bull, managed to catch up my losses and reached 10x my initial investment at the end of the bull around Oct/Nov 2021.
I wasn't experienced at all, and fell in love with my assets which cost me to divide my wallet by 10 during the bear. So as a final point, I didn't win anything, didn't lose anything, however I gained the most important asset in this field : knowledge & experience 🧠.
Before diving into this, I won't reexplain everything concerning the airdrop so I suggest you to have a look at https://t.co/dTftFIxnPX from @soleconomist as well as his many other threads concerning sanctum in general.