Next Tuesday I'm giving away 3x $500 to the optimists and 3x $80 to the pessimists.
Let me explain.
There's been a lot of FUD around @Backpack lately. Volume is down, people have left, Backpack is becoming irrelevant. Sound familiar?
But have you ever stopped to think about when the best time is for customer acquisition? Spoiler: it's not during a bear market.
Bear markets are known for one thing: people lose interest. Only the believers stick around. The ones who don't get shaken out easily. And those people? They've been in crypto for a long time. They already have their trusted exchange. These are the hardest people to convince to switch to something new.
That's why bear markets are for building. 🧱Brick by 🧱brick , as Backpack would say.
This is my third bear market and for the third time I'm enjoying every second of it. Because bear markets are exactly when you see which projects were chasing a quick cash grab and which ones are actually putting in the work. Backpack launched their TGE at the tail end of a bear market. They're not obsessing over token price. They're building. They know better than anyone that this is the time to prepare for the bull market that's coming.
Customer acquisition comes later, when new people flood into the market looking for their first exchange. And the veterans? They'll come once Backpack has a value proposition they can't ignore. Cross collateral is most likely going to be the game changer for them.
Now, I wouldn't be called Mightyfool or be a part of @MadLads if I didn't do something completely ridiculous every once in a while.
As the intro already gave away: next Tuesday I'm giving away 3x 1 Solana to three people who signed up on Backpack through my referral link.
Here's how to enter:
- Sign up via my referral link (backpack.exchange/join/skhpccix)
- Verify your account and drop your Leaderboard Alias as a reply to this post
- Follow me and repost this
And for those who didn't catch it yet. 1 SOL is worth $80 today, for the non believers. And $500 somewhere in the near future, for the believers.
How much is @solana worth to you?
There are no surprise. Everyone knows the path @Backpack has chosen. Regulation.
To be everywhere, to be where many others can't go. To still be around in 30 years.
There's a lot of criticism of Backpack right now. Mainly because Backpack isn't taking the shortcuts others are taking. And because some people are still comparing the project to something incomparable.
Backpack has chosen the longest and most difficult path. The path where no one will clap until they deliver.
It's up to you to decide if this is also the path you want to take as users.
P.S. An MLRO is an Anti-Money Laundering Reporting Officer responsible for overseeing a company's obligations regarding anti-money laundering and counter-terrorist financing. He / She is the designated point of contact between the company and regulatory authorities and are responsible for detecting, assessing, reporting, and mitigating the risks of financial crime.
This is what @Backpack does. Prepare to enter a league that surpasses anything you read on CT.
Raffle #4 $100 usd (0.5 sols) of debt cleared. so we also ask the winners to get active in the community and show off your wins. Good luck guys
solscan.io/account/51M7na…
@DebtlessCoin Thanks @DebtlessCoin that's my wallet :) This may not be an easy challenge, but I believe in your sincerity. I hope that, together, we can overcome it and create a society where no one is burdened by debt.
As promised:
$3 to $30,000 Challenge starts NOW!
Every call, every move will be posted live!
If you don't have $3, I'll give it to you for free.
Wanna join?
• Like & Retweet
• Drop a comment
• Follow me
Once we hit 100 participants — I’ll drop the first CALL today.