Revealing my full BRC20/#Bitcoin DeFi portfolio on YT tonight. π
Also includes 2 altcoins which I don't yet own, but I'm planning on accumulating.
Retweet if you're ready, and lmk any coins I should include in the comments below (in case I missed them).
The #Bitcoin DeFi/BRC20 narrative is one of my highest conviction sectors for 2024.
As this is still a relatively nascent sector, many of the top infrastructure projects are yet to IDO.
Thus, you have an opportunity to get in early - with massive upside.
We got our first taste with $SAVM yesterday, but there are many more to come.
One project that I'm particularly looking forward to next is @BefiLabs.
It's a BRC20 trading terminal with multi-wallet integration, allowing you to easily trade these assets with Metamask etc. across multiple chains.
Think of it as the $WOO of the $BTC network.
I'm bullish on the concept, and the team already has stacks of partnerships lined up.
So, how can you get in?
Firstly, you can register for the IDO on @theapeterminal. If you're lucky enough to get an allocation, this will likely guarantee huge profits.
However, if you don't, there are multiple ways to approach buying (if you're bullish).
β’ Snipe the launch using a token sniper (advanced).
β’ Buy shortly after launch on the open market (if valuation if reasonable). This worked well for SAVM.
Always set a benchmark market cap expectation for you to calibrate your baseline.
β’ Buy major dips. New launches usually aren't up only. As unlocks occur (and early sellers are flushed out), often there are deep corrections which allow you to get entries.
Those are some strategies, but I might do a full guide on getting/trading IDOs in the near future.
(full disclosure: I'm an investor in BeFi Labs)
This is just one of many projects I'm interested in within the BRC20 sector.
My full thread, revealing some of my other topic picks, will be dropping in the coming days.
Retweet this post if you're also bullish on BRC20!
Accidentally became a whale of a random project during ongoing development of our $SEIYAN bot, lol
Drop your $SEI address below
ππππ
Then Like + Retweet this post
In 24 hours, we'll give away some of the $SEI earned from this trade!