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gumg

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FOMO revenue is down 47% in October ($600K, average)
PumpFun App revenue is up 3% ($390K, average)
This is going to look very different by EoY me thinks
post-image
I can't see the dump today as weakness neither the recovery as strength, because perps are in control and there is no directional spot bid at all from either side
expecting range & chop with lots of long/short hunting until there is a clear catalyst to push us either way
> kospi crash
> ai top fears
> midterms uncertainty
> iran war undecided
> DXY, Oil & BTC.D look bullish
lots of things holding us back & can drag us down for longer before up
will continue having a bullish bias for as long as we hold $83K
coins on my radar: pump, grass, chip, zec, near
BTC+0.91%
PUMP-4.26%
GRASS-6.77%
CHIP-4.09%
ZEC-2.79%
unfiltered market thoughts & where we go next:
this sort of price action shows how illiquid bitcoin has been and doesn't comfort me at all
I can't see the dump today as weakness neither the recovery as strength, because perps are in control and there is no directional spot bid at all from either side
expecting range & chop with lots of long/short hunting until there is a clear catalyst to push us either way
> kospi crash
> ai top fears
> midterms uncertainty
> iran war undecided
> DXY, Oil & BTC.D look bullish
lots of things holding us back & can drag us down for longer before up
I am going to
BTC+0.91%
PUMP-4.26%
GRASS-6.77%
CHIP-4.09%
ZEC-2.79%
I legit think $ETH is cooked
The biggest buyer is going to stop soon when he gets to 5% of the total supply
L2s are eating market share and giving back nothing
TradFi doesn't care about it, it is 5.5 times SMALLER than Bitcoin yet outflows are much higher relative to its size
post-image
ETH+0.04%
BTC+0.98%
Bitcoin and alts usually correct and consolidate during the first half of October and then everything pumps
We have midterms on November 3rd so the setup is pretty high confidence
Excluding 10/10 from this sample for obvious reasons
BTC+0.98%
there are so many interesting altcoins but not enough time to research everything and not enough money to invest in all of them
we had multiple cycles of failures, iterations, testing, which led to a point where there are several successful products with token alignment
my biggest challenge now is trying not to rotate all the time
TOKEN-4.84%
  • 1
a good barometer of when to sell in crypto bull markets is when you become comfortable slamming $100K into a memecoin right before going to sleep
this is top behavior and will work better than any other signal you try to find externally
its all in your brain
MEME-5.36%
let me tell you something
people go down the risk curve as they get more greedy, but some of you don't and get stuck holding majors going sideways for months
that changed this cycle
this is the first time you can take a directional bet on greed through $PUMP without having to adapt to a new type of market (trenches)
instead, your goal is to identify if/when the conditions of onchain trading are ripe for exploding
pump SHOULD underperform in routs, and outperform hard when people get comfortable to buy memes/low caps
I fully believe PUMP will have an extreme blow off top when we get to the gree
post-image
PUMP-4.26%
gonna pay all my bills this month thanks to DeFi
in total, around $2K of yield that comes from a source uncorrelated to crypto prices
has a fixed borrow rate so I can plan ahead
AUTO/wYLDS multiply, thanks @kamino
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KMNO+3.58%
the simulation giving us a wave of fear around ai quantum us gov selling + ptsd ahead of the 1 year anniversary of 10/10 does make up for a great local bottom before a mega rally into midterms on nov 3rd
Its hilarious that we are already above the only level that matters $83K
This is a holders market
Buy good coins, hold
I present you the CZ playbook
Say something bullish
Create a last fake pump to get people to ape
Break all bullish structures in one go
Last year was literally the same, we hit $126K ath followed by 10/10 just days after
Incredible
bitcoin is down 6.5% year-to-date which means if you were a simple buy and hold dude not caring about X or CT or quantum or whatever else people make up to explain price action you would've outperformed every single person on CT
its insane what we went through this year just by being online
BTC+0.98%
days like this are perfect for you to look at your portfolio and feel the disgust of some of the shit you hold
hopefully, you sell and learn your lesson
you could ride this bull market with one conviction token and outperform almost everyone
coins update
zcash - can expect bounce at $1180 for first DCA, will keep dry powder in case it gets close to $1000
sol - like btc, it lost the daily support, weekly is at $112.7 which has been tested a lot so should hold (breaking below would mean everything is going to shit)
pump - if you get it, $0.0054 is a bid, this could has a tendency of being extremely volatile so expect lower fast before V recovery
stonk - at support, might bid a good bid eventually but watch for revenue numbers first
post-image
ZEC-2.79%
SOL+0.07%
BTC+0.98%
PUMP-4.26%
STONK-18.20%
I swear to god this is real
Been scrolling for 15 minutes and already seen 4 posts of people announcing leaving crypto after losing it all
BTC is up 60% in the last 2 months…
BTC+0.98%
someone sold $1.5M $BP in clips of $300K and the token is only down 5%
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