Guy who lost 9 figures on perps in a week has an opinion abo | beast_ico on Binance Square

Trending Articles

Bookmarked and Liked

--

Guy who lost 9 figures on perps in a week has an opinion about memecoins extracting liquidity 😹😹😹

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

SOL

147.32

-4.31%

1

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@beast_ico

Explore More From Creator

Wildest conspiracy theory I’ve seen so far is that Alon caused the current conflict to give Gainzy streams publicity leading up to the pfun ICO

--

Think the best way to “make it” in crypto at this point if you’re starting out with a smol port (mid-5 or lower) is to just click as many low risk/risk free buttons as you can and share your journey with everyone in a thoughtful way. Find something valuable? Share it and clearly explain why it’s valuable. Find something dangerous/sketchy/etc? Share it and explain the downside. If you become a consistent “shiny new thing” hunter that has a sharp eye and good takes, many high value doors will open for you. That’s how you multiply a small port with low exposure risk. You’ll probably also qualify for some airdrops to help bolster your onchain holdings. Source? I did it.

--

Thinking prolly the move is get your longs in (on whatever your favorite coins are) between when ETH dips below $2500 and when the Fed announces no cuts tomorrow Either that’s local bottom or we’re getting close to exiting range on the downside. Can set tight stops as long as you don’t size in too fast over next 24 hrs

--

If ur thesis for a coin is “it’s trying to be the ABC of the XYZ ecosystem”… You’re gonna lose all your money lmao

--

So now I've seen governance proposals floated from two major alts of cycles past about selling the native token held in treasury to acquire BTC I don't care all that much about the Cardano proposal...and frankly there's like 17 people in the world that have actually used ADA before, so they probably also don't care, but I am a lot more curious about the Polkadot proposal. ~500k DOT being put up for tBTC acquisition. It's really not a ton in the grand scheme of things...like what $2m? From a pragmatism standpoint, I can see a scenario where they want to use it to farm DeFi yield and beef up the treasury some more, and that's better than idle coins. It would also make sense to highlight their flagship DeFi protocol in Hydration. At the same time, if foundations are starting to liquidate treasury tokens for BTC, will that cause concern or delight for stakeholders in their ecosystems? I'm really not sure. If it was a treasury that got returned to holders eventually (like crypto treasury companies) that might be more palatable, but when the native token holders don't have any claim on the treasury, I'm undecided what the outcome would be. At the end of the day it's mostly a wash because $2m isn't a large portion of the warchest for these size chains, but still interesting to see more discussion on the topic.

--

Latest News

Canada Abandons G7 Joint Statement on Russia-Ukraine Conflict Due to U.S. Opposition

--

Tron to Go Public Through Reverse Merger with SRM Entertainment

--

Pumpfun Project's X Accounts Restored After Unexplained Suspension

--

GENIUS Act Advances in U.S. Senate Amid Crypto Industry Debates

--

SEC Delays Approval of Franklin XRP and Solana Spot ETFs

--

Trending Articles

🚨🚨 XRP Lawsuit Twist — Appeals Frozen, Massive Decision Incoming by August 15🚨🚨

A big teaching lesson for those who understand: Low IQs wi

🚨BREAKING: A guy just sold his house, car & kidney… …to buy

CryptoNews Dady

Trump abruptly leaves G7 summit in Canada, says it’s unrelated to Israel-Iran ceasefire

🚨 BREAKING: Elon Musk Just Dropped a Bombshell... And It's

Cookie Preferences

Cookie Preferences