The $useless R/R is starting to look decent again
Even a pump back to the previous $0.15 support is >100% gain
That said, alts are making new lows (esp useless) while BTC hasn’t, so it’s a risky knife catch. Could never stop dipping like fartcoin
Seriously whats the RR of buying a “major” like $ETH when it dumps -35% in a couple weeks?
$8k (maybe $10k?) would’ve been a dream
Fucking 2x vs. -35% (so far). Genuinely memes seem the only decent RR in crypto otherwise just buy tech — don’t even have to time the top with that
@Crypto_Chase Thanks for your transparency throughout Chase I definitely trimmed and managed in tandem as you posted
Sadly still caught offside by overnight Friday move to 81k tho and ate shit
Is there a level where youd buy for long term spot BTC holding (if you do hold BTC long term)?
@MacroCRG alts look bottomed until they’re not. people still holding onto hope this is a fakeout.
most likely institutions derisking rn, even SOL today was relatively strong vs BTC and ETH.
if bitcoin or s&p confirm bear market alts have another -90% to go. ive seen this bullshit before.
@0xMocro Yes but I got in early. The whale that exited today wasn’t even >1%
Truthfully, if more of the larger whales start taking profits and selling it’s prob over. Not enough was distributed
It didnt have the chance to run to $1B before BTC shit itself
Honest thoughts on $useless
It must show strength when market bounces
I would guess BTC stabs at 98-100k this week
$useless must reclaim 0.13-15 on this bounce. if it rejects back to 0.10 then we start to resemble fartcoin
If no market bounce still (lol) then it’s over anyway
@Crypto_Chase You had previously said if you saw lackluster PA under $100k (drifting towards $94-95k instead of urgency) would be invalidation — just wondering what changed your mind to allow lower?
(Asking genuinely, not a replyguy gotcha. Really appreciate your thoughts always!)
@c2mtrading we didn’t get the sweep… seems eth also frontran 2 of 3 recent lows. do you think it’s just setting up for more chop to revisit again later?
@Crypto_Chase always learn a lot from your plans. still planning to bid coinbase lows ~35s? would you consider that do or die area for ETH or potentially even lower ~33s (BTC sub 100k, if we get it)?
@iruletrenches props for the honesty. bitcoin def v wobbly vs. rest of mkt. personally slowly derisked too. if btc is straight up from here im happy. but if 125 was the top thats ok too. hope others plan similarly. don’t round trip or even worse leave with less than you started with
@iruletrenches oh rly -- honestly thought it was a good enough meme it could survive even bundled distribution like that
think fartcoin bulls dying on leverage prob also related
fully roundtripped my bag acquired during the first tariff rodeo. RIP
onwards. in it to win it for $useless
selling useless coins (not just $useless coin) because trump tweeted about soybeans
how did we get here? maybe everything including the entire financial system deserves to just go to zero and we go back to being hunter & gatherer primates in the jungle
$USELESS strong bounce at $0.15. Rly believe it has the opp to move like fart during tariff FUD
Fart rose while everything else crashed
What could be more fitting than $USELESS pumping together with gold / stocks while crypto mkt dumps, reflecting how fucking useless it all is?