The Intern

Currently building @Readthetape_ 2 min market reports tailored to your needs | @thehandysloth Web3 apps and services aggregator | DMs open for Brutal Feedback

[The Intern @xTheInternx]

I'm Launching @thehandysloth - Your Web3 resources hub

Discover the most useful crypto apps & services, streamline your daily workflow and build your resource toolkit

Airdrops, Yield farming, Analytics, Auditing and Security, News, Token and Wallet Trackers & more🧵

1/4

[The Intern @xTheInternx]

Every year a new project comes to tokenize celebrities and collectables.

Then everyone starts talking about it and tell you this time it is different

Then everyone lose their money

[The Intern @xTheInternx]

Image stolen from @alpinestar17 tg channel

[The Intern @xTheInternx]

Ever since I came back after the break, I made tons of mistakes that cost me a good amount of money.

just to name a few:

- bidding heavy on $xhermes and $DEUS and not pulling the plug
- Shorting $XLM and $LAB in an uptrend
- Longing $GALA and $ASTER in a down trend

These are some lessons that I had to relearn and really hope you think about them so you don't make the same mistakes

1. you can't truly avoid FOMO:

better get your risk management system checked and stick to it, I was pissed I missed May run and just wanted to make money so 8 ended up chasing the tail.

2. Borrowed conviction doesn't make you money:

all these plays were mentioned by people I know and I just aped without sticking to my framework.

3. If you don't have time to spend on the market don't spend money either

I used to put 6 hours a day researching and looking into possible plays and it was rewarding. Can't simply expect to get same results with an hour a day split between onchain perps and network

[The Intern @xTheInternx]

@revival_trades had to do it real quick, don't let the man ask for it three times

[The Intern @xTheInternx]

Crypto is rekt, said the > 100 people who are still actively trading here

Just bought my first BTC spot bag for this cycle

[WAGMONSTR @WAGMONSTR_]

We're scanning mainnet ca's again, is this real life?

[The Intern @xTheInternx]

I wonder why we haven't seen RAVE Will flip BTC posts on X yet

[jones rida👺 @jonesrida]

we are opening spots @leftcurvedao for a few more members

if interested send me a dm

[The Intern @xTheInternx]

Nothing beats catching a good long and being the cool uncle, fk u higher!!!

[The Intern @xTheInternx]

a few years from now, we will look back and ask one simple question:

How did RAVE reach $2B marketcap ($8B FDV)?

and the answer will always be crime and shorting the trend.

[The Intern @xTheInternx]

many smart people here are prematurely picking this cycle winners. Coins like HYPE, TAO and PENDLE

They are wrong. I remember in 2022 everyone was bullish on L2s and they got obliterated

[The Intern @xTheInternx]

Everyone in ct is so damn expert

They called the top and already know when BTC bottom will be

They also called the war and the stocks top. Heck even all the runners YTD with oil, silver and gold.

If everyone is winning who the f**k is losing?

[The Intern @xTheInternx]

@mert @grok why leaving Canada is the best decision any Canadian would make?

[The Intern @xTheInternx]

Kinda like where CT is now, feels like 90% of the purge is complete

[The Intern @xTheInternx]

GM

[The Intern @xTheInternx]

GM, everyone trading oil long as the obvious setup and it's a crowded trade imo.

I'm going to open more shorts on alts.

currently both AAVE and BTC are still running.

[The Intern @xTheInternx]

You can't make it in crypto with $1000.

With 1.5k portfolio, It took me 3 years to get to 10K and 1 year to 100k.

if you're new to the space,you'd lose it really quick

and if you've been here for a while you'd know that unless you have some edge (group of friends to help you filter alpha) you won't be able to make it.

Realistically speaking you'd need around 10K to start making some profit.

If you don't have that amount of money and you're not good at any niche (shitcoins, meme launches, yield farming, perps trading, TA...) your best chance would be airdrop farming.

It will be slow and painful and you'll get lucky once or twice if you stayed consistent.

[The Intern @xTheInternx]

@OfficialApedDev The app looks great! Gj guys!

[The Intern @xTheInternx]

@RailgunIntern Who said that? I'll even start touching interns with my right hand

[The Intern @xTheInternx]

March rally ended already?