@HoldingLosses What's your end goal in trading
are you gonna eventually stop trading and find something else you are passionate about
or do you want to be in the space for as long as possible
Top 8 Reasons for my $UTYA $5 Billion Minimum Conviction:
1. @durov now has FULL control over Telegram and the TON Blockchain
2. Updates to the TON Blockchain are PRIMED for a memecoin environment (block speed increased 6x, fees decreased 6x, leading L-1 blockchain in finality time, switch from Toncoin to $GRAM, signaling @durovβs new leadership)
3. 1 billion+ people now have DIRECT access to a non-custodial crypto wallet directly inside of Telegram
4. $UTYA being the mascot of Telegram (used in GIFs, Stickers, Emojis, and NFTs)
5. $UTYA being easily likable, globally recognizable (used as a meme on EVERY platform, strong duck culture in real life AND online)
6. $GRAM sits at $1.40 while $UTYA sits at $40 mil. When $GRAM is at $5, $10, $15, how will $UTYA look? 5% $GRAM swings have shown 30%+ gains for $UTYA
7. The 4 corners to the Telegram Ecosystem (usernames selling for $1m per, anonymous numbers for $1m, NFTs for $300,000) have all been tapped EXCEPT for memecoins. Why wouldnβt memecoins eventually see the multi-billion dollar volume the other 3 markets on Telegram/TON have?
8. @durov's goal is to grow Telegram's user base, especially in The West. How to do that? Embrace memecoin culture and buy memes himself. For someone who is worth $10-$20 billion, deploying just $1 million is nothing for him, especially considering the impact it would have on growing Telegram
Sizing into the the-open-network:native ecosystem might be the move here
Has a platform with 1 billion monthly active users
Rolling out a non custodial crypto crypto wallet with zero fees
Already has a main runner, utya:native which has the potential to flip both solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump and cash-cat:native
The biggest moves are always the ones most obvious in hindsight
Looking for entry
six figure pnls are made bidding with conviction into where the vast majority of traders haven't realized yet
cash-cat:native was sitting at 5-7 mil for a week before running 40x+
Preserve your capital in bad markets
Bid when the opportunity presents itself
It only takes one coin to change your life