MISC Crypto Crew (MCC) Vol: XV: Getting Zucked into the Metaverse

[entropy91]

The market is pretty overheated right now:

1. Tons of dog coins many of them worth 10s of billions of dollars in market cap
2. Trash NFTs worth millions/hundreds of thousands everywhere
3. Garbage games with tokens launching with billion dollar valuations
4. Metaverse garbage with billion dollar valuations
5. DAOs accumulating hundreds of millions to buy luxury discretionary items
6. Lots of females entering the space. When the frontier of investment is no longer 99% men, that is a top signal
7. Similar to 6 but lots of female influencers using sex appeal to make easy millions
8. Tons of pure ponzi plays worth billions of dollars (ohm, time, klima etc).
9. Significant increase in buying and chatter amongst normies.

Dunno when it ends but the next bear will be brutal.

Don't forgot about multi billion dollar exit scams charading as forked protocols

https://twitter.com/AGdyor/status/14...oqLdCGeMQ&s=19

[moosik85]

The market is pretty overheated right now:

1. Tons of dog coins many of them worth 10s of billions of dollars in market cap
2. Trash NFTs worth millions/hundreds of thousands everywhere
3. Garbage games with tokens launching with billion dollar valuations
4. Metaverse garbage with billion dollar valuations
5. DAOs accumulating hundreds of millions to buy luxury discretionary items
6. Lots of females entering the space. When the frontier of investment is no longer 99% men, that is a top signal
7. Similar to 6 but lots of female influencers using sex appeal to make easy millions
8. Tons of pure ponzi plays worth billions of dollars (ohm, time, klima etc).
9. Significant increase in buying and chatter amongst normies.

Dunno when it ends but the next bear will be brutal.

Some newbies have gone so deep I can legitimately see the next bear claiming a few lives

[Oddball8945]

marketed overheated lmao yet some coins literally sat out the whole bull run.

tezos.

where is pimpmaster dude

[malashker]

This market is a rotatooor market. Follow where the money is. money is flowing to gaming,nfts, meta.

Defi is dead
blockhains are not moving
Oracles is dead

[Gringo12]

This market is a rotatooor market. Follow where the money is. money is flowing to gaming,nfts, meta.

Defi is dead
blockhains are not moving
Oracles is dead

Are you retarded?

[entropy91]

This market is a rotatooor market. Follow where the money is. money is flowing to gaming,nfts, meta.

Defi is dead
blockhains are not moving
Oracles is dead

Bro wot

Didn't AVAX just run? Defi is pumping to hell.

[DeathByLight]

Pangolin on AVAX is giving you 40% APY on your Stablecoin pairs (DAI-USDC)

[entropy91]

marketed overheated lmao yet some coins literally sat out the whole bull run.

tezos.

where is pimpmaster dude

Permabears have gone extinct

[entropy91]

Market is pumping pretty hard

Don't recall crypto ever pumping on Thanksgiving

Happy Thanksgiving bros

Time to put my cousin in a guillotine choke until he buys Bitcoin

[SouthDakotaBrah]

hope you brahs bought the CRO dip

This market is a rotatooor market. Follow where the money is. money is flowing to gaming,nfts, meta.

Defi is dead
blockhains are not moving
Oracles is dead

somebody hit their crack pipe a little too hard this thanksgiving morning

[chalup]

Market is pumping pretty hard

Don't recall crypto ever pumping on Thanksgiving

Happy Thanksgiving bros

Time to put my cousin in a guillotine choke until he buys Bitcoin

Everything is green. I thought a lot of long positions were set to expire today/ tomorrow and the market was going to be a bit red. This is a super bullish sign... BNB pumping close to above 650 again.

[chalup]

hope you brahs bought the CRO dip



somebody hit their crack pipe a little too hard this thanksgiving morning

I literally bought 500CRO at almost ATH, bought only 250 at almost bottom of the dip. Card is on its way as well. So it looks like its a pre-paid card? I deposit money onto it, and get the 2% CRO back on all purchases right?

[SouthDakotaBrah]

I literally bought 500CRO at almost ATH, bought only 250 at almost bottom of the dip. Card is on its way as well. So it looks like its a pre-paid card? I deposit money onto it, and get the 2% CRO back on all purchases right?

yes, I think that is correct

the only thing I am unsure of is if there are fees/slippage when loading the card with money

going for that icy white if we get another run-up hnnnnngh. Need christmas to come so we can officially have the Crypto.Com Center and all of America will be watching the Christmas NBA special being bombarded with Crypto.com ads. Same with the superbowl in a few months.

If a company spends $700M to rename the Staples center, they are going to go HARD as fuk over the next 6-12 months making more similar marketing decisions, and hopefully Crypto.Com can keep pushing the boundary when it comes to creative DeFi products which will encourage more people to lock up hundreds of thousands of dollars to receive rewards (srs) I really do believe in their model

[KAPAT]

is AVAX a buy

[Unstumpable]

yes, I think that is correct

the only thing I am unsure of is if there are fees/slippage when loading the card with money

going for that icy white if we get another run-up hnnnnngh. Need christmas to come so we can officially have the Crypto.Com Center and all of America will be watching the Christmas NBA special being bombarded with Crypto.com ads. Same with the superbowl in a few months.

If a company spends $700M to rename the Staples center, they are going to go HARD as fuk over the next 6-12 months making more similar marketing decisions, and hopefully Crypto.Com can keep pushing the boundary when it comes to creative DeFi products which will encourage more people to lock up hundreds of thousands of dollars to receive rewards (srs) I really do believe in their model

What site do you use to buy crypto? Crypto.com?

[SouthDakotaBrah]

What site do you use to buy crypto? Crypto.com?

I use Coinbase Pro and hold on Coinbase. I like Coinbase because its "easy" (once you understand Coinbase vs Coinbase Pro and get your bank account hooked up.. basically, you buy on Coinbase Pro, wait 5-10 days, and then you can transfer to a wallet that allows staking like Coinbase or Crypto.Com)

I am looking into Crypto.Com's earn program though to hold my crypto there. I am a believer in using crypto assets to generate a return (whether its through staking, liquidity mining, collateralized lending, etc) so I like Crypto.Com's model

Coinbase allows 4.5% return for staking ETH (Coinbase pockets a quarter of the staking returns for themselves, otherwise it would be 6%) so I hold my ETH there to stake it. But I don't earn a return on any of my other crypto assets and Crypto.Com supposedly offers ~5% APY through their Earn program on most major coins you can hold... so yeah I might start holding my crypto through them

[JuicedMayhem]

What the hell is going on with REQ today? Up 150% in a few hours

[chalup]

Just seen a list of prices for crypto back in 2020.

BTC:17k

eth:518

BNB: 28

CRO: .06

Fellas thats insane..

[Parkerscott]

The market is pretty overheated right now:

1. Tons of dog coins many of them worth 10s of billions of dollars in market cap
2. Trash NFTs worth millions/hundreds of thousands everywhere
3. Garbage games with tokens launching with billion dollar valuations
4. Metaverse garbage with billion dollar valuations
5. DAOs accumulating hundreds of millions to buy luxury discretionary items
6. Lots of females entering the space. When the frontier of investment is no longer 99% men, that is a top signal
7. Similar to 6 but lots of female influencers using sex appeal to make easy millions
8. Tons of pure ponzi plays worth billions of dollars (ohm, time, klima etc).
9. Significant increase in buying and chatter amongst normies.

Dunno when it ends but the next bear will be brutal.

It's toppy now, but its going to get even worse. The bear market is going to send us back to the ice age lol

[SUCIO]

is AVAX a buy

Buy the dips on hatter…need avax to buy. The rewards alone in TIME paid my initials numerous times over

[tunejunkie]

It's toppy now, but its going to get even worse. The bear market is going to send us back to the ice age lol

Well for a newcomer like me only holding a couple bags of xrp and cro, should I wait and buy at the crash or get a couple positions now and hold?

[chalup]

Well for a newcomer like me only holding a couple bags of xrp and cro, should I wait and buy at the crash or get a couple positions now and hold?

What is your end goal? Best thing to do is DCA as much fiat as you can.

[Parkerscott]

Well for a newcomer like me only holding a couple bags of xrp and cro, should I wait and buy at the crash or get a couple positions now and hold?

You can buy or hold right now, but just know that the bear market is coming sooner rather than later. Im still buying but I will be scaling out very soon. The market will likely pull back 90% or more. Just lol if you think some of these tokens are actually worth what they are going for or anywhere close. There should maybe be 20-30 tokens with over a $1B marketcap

[tunejunkie]

What is your end goal? Best thing to do is DCA as much fiat as you can.

Goal would be to hold long term. I plan on dca’ing since that makes the most sense but can’t quite understand the best time to first jump in. Although if you’re dca’ing then it really won’t matter much right?

[SouthDakotaBrah]

Well for a newcomer like me only holding a couple bags of xrp and cro, should I wait and buy at the crash or get a couple positions now and hold?

I currently have ~90% of my net worth in stocks and ~2% in crypto. I plan to DCA out of stocks and into crypto over the next couple years until I'm like ~10% into crypto. I am hoping that in a few years, it will become the de facto standard to hold some portion of your assets in crypto (5-10% of your net worth maybe) , so even if the market does crash in the next couple years, I will slowly build up to that position so my cost basis should still be relatively low by the time major adoption takes place next bull cycle

tl;dr determine your optimal crypto position as a percent of your portfolio/net worth and DCA into that position over the next couple years, thus weathering any volatility that may occur during that timeframe

[entropy91]

I currently have ~90% of my net worth in stocks and ~2% in crypto. I plan to DCA out of stocks and into crypto over the next couple years until I'm like ~10% into crypto. I am hoping that in a few years, it will become the de facto standard to hold some portion of your assets in crypto (5-10% of your net worth maybe) , so even if the market does crash in the next couple years, I will slowly build up to that position so my cost basis should still be relatively low by the time major adoption takes place next bull cycle

tl;dr determine your optimal crypto position as a percent of your portfolio/net worth and DCA into that position over the next couple years, thus weathering any volatility that may occur during that timeframe

Lol stocks are just as bad as crypto rn

[Parkerscott]

Lol stocks are just as bad as crypto rn

this lol. Its time to start scaling out. You will get way more buying power if you start doing it soon.

[chalup]

Goal would be to hold long term. I plan on dca’ing since that makes the most sense but can’t quite understand the best time to first jump in. Although if you’re dca’ing then it really won’t matter much right?

Learn some basic chart reading and look at 4H monthly charts. Don't buy the top, read twitter and forums on the average sentiment of where the market is. If BNB was at 650 a week ago, and it dips to low 500s, its probably a good time to DCA. but in the long run it really doesn't matter. 10-20% doesn't mean anything when coins run 1000% YOY.

[entropy91]

this lol. Its time to start scaling out. You will get way more buying power if you start doing it soon.

Rivian officer dumping 25 mill in stock without ever selling a single car. Nikola ceo faked the entire company and dumped billions in stock. Retail is nothing but exit liquidity. Chamath consistently dumping on SPAC cucks.

I know we're close to the top because if you say anything slightly bearish you get full blown lash back or banned. Married to their bags until suicide do them part.

[Parkerscott]

Rivian officer dumping 25 mill in stock without ever selling a single car. Nikola ceo faked the entire company and dumped billions in stock. Retail is nothing but exit liquidity. Chamath consistently dumping on SPAC cucks.

I know we're close to the top because if you say anything slightly bearish you get full blown lash back or banned. Married to their bags until suicide do them part.

"this time is different"

We are getting close to the top, but we haven't reached full normie saturation yet I don't think. I still think theres a good amount of juice left, but im looking for an exit right now, certainly not an entry.