Crypto Goodreads

State of the market. RIP 😢

😁

JFC. How many times will this guy get liquidated? 5th time now?

can anyone explain why people post this shit? some kind of a reverse scam? For those who didn't know: anyone who post this will be banned from the channel. lol

🚨BREAKING: JUSTIN SUN SAYS HE IS WILLING TO PURCHASE ALL OF GERMAN GOVERNMENT'S REMAINING $BTC ($2.3B) OFF-MARKET TO MINIMIZE IMPACT OF DUMPING

Holy fck I did not expect us to really get the situation suggested in my tweet. But here we are : we basically retraced the whole ETF up move on $ETH, exactly like what happened on $BTC during the summer 2023. Then $BTC had one very last tiny sweep of the lows, and then it never revisited them again. You can now buy ETH at the same price as it was when we 90% thought that there would be no ETH ETF in the coming months. This looks like a good buying opportunity to me. The Germans are selling their coins and we're close to max fear. On the other hand, the risk is that we cleanly break down of this range on BTC and we revisit low 50s... As usual, make yourself "unliquidatable" bcs that's the absolute priority.

I am not sure what's the best way to capture the most upside going forward. Being it memecoins, max longing $ETH, a few selected altcoin longs, pair trading with a basket of high FDV, low float tokens combined with the latest narrative longs, DeFi yield farming. In retrospect for the first 6 months of 2024 it looks like points farming, being a part of private phases of protocols and DeFi yield farming has been the best bets + ETH ETF trade/Van Eck SOL ETF and a few other news trading events. A long thesis on the way forward for crypto: https://x.com/Route2FI/status/1808419718446866557