Ramosaurus🐢

This is not going to be a popular post right now but listen here fellow trench warriors In the last 500 days of crypto I haven’t seen a better day to sell memecoins than today You do not have to sell all your memecoins or even half of them but you should consider taking 10% or 20% off the table on days like these Before I continue, let me be blatantly clear, I am NOT bearish on memecoins I am a huge supporter of memecoins and I think they will play a massive role this crypto cycle HOWEVER Take a look at some of the charts and you will see green candles blasting straight vertical into infinity Many of you are up 5x or 10x or even 100x and I congratulate you but I don’t really care until you click that sell button Today is an amazing opportunity to lock in memecoin profits into ETH or Solana which will give you more capital for future opportunities You do not have to be all in that memecoin all the time my brother There is an infinite amount of opportunity in crypto If you sell 10% of your favorite memecoin bag that you are up 10x on you STILL HAVE 90% LEFT Do not get too emotionally attached, you must find a balance with your conviction This weeks memecoin pump is only good for those who seize this opportunity to grow their portfolio by securing at least some of their gains Now these memecoins could all be double next week or they could all be 50% lower This is why you don’t have to sell your whole position… you can sell 10% today and 10% another day Now I am bullish on many memecoins in the long term this year but you have to ask yourself two questions #1: Do you have the patience to wait and hold memecoin bag for 6 months? #2: Do you have the stomach to watch your memecoin nuke 80% and pump 500% over and over again all year? The chances are you do not have either and you will fold, you are most likely not built different Those of you who can successfully do both of those things have most likely done it before and you already know reading this that you are indeed built different… this post is not for you Brothers if you can’t do those two crucial things then you need to seriously consider strategies to rotate out of memecoins on pumps this juicy Remember when you sell these memecoins… the money you made finally isn’t a meme anymore… it’s yours to keep 🫡

Name a movie you’ve seen more than 7 times with a gif

@zera_chielo I don’t drink coffee that often, but hardcore mode is 1 or 2 and chill time is like 7

Work hours 1 & 2 Chill time 5 & 6 How about you?

@eighty7ss Nice haul!

Who wants to try their luck at fried green tomatoes?

To my dear family and friends, if you see this message I want to let you know that my previous account got permanently suspended because of crypto-related (I think?) Please help me grow back, follow me and I will follow you back, and let's connect. 🤝🙏 Thank you so much.❤️

My friendtech wallet was compromised through an elaborate phishing scam and my 22 ETH portfolio was nuked to 0😢 They just bridged my ETH using Orbiter, and some has just been deposited to @binance basescan.org/address/0x0b7a… etherscan.io/tx/0x5847d35a6…

The Mathematics of Leverage 2023 is the MOST ideal time for any aspiring trader. You have access to dozens of non-KYC exchanges, on which you can trade hyper-volatile assets with leverage that makes your size, size. However, your window of opportunity likely will not last as long as you hope; thus, it is your responsibility to learn and practice the habits that will keep you profitable long after our beloved Web3 casinos fall prey to the legislative powers that be. In just one scroll, I can give you what you need to level up your risk management immediately. Leverage is a powerful tool when used appropriately, and a much more powerful account-drainer when not. Our goal is to make sure it maintains its status as the former. The math behind leverage is simple, and sliding that bar becomes much less addictive with just a few mental calculations that will save you plenty of money. Here is what you need to know: Most, if not all, of you fellow degenerates are aware that applying 10x, 50x, or 100x leverage means that, before applicable fees, your profits on a successful trade are indeed multiplied by 10, 50, or 100, respectively; on just a two percent move, you can now flex your PnL screenshot that shows 20%, 100%, or 200% gain! Now for some more math, to make sure you fully understand what your positions mean. Let’s say you put down $1,000 to long Bitcoin, and you use 100x leverage. (This is not financial advice.) Now, your position size is $100,000, and you have added $100,000 in open interest for Bitcoin. If the price of Bitcoin increases by two percent, say from $27,000 to $27,540, that is reflected in terms of your position size; if you had actually bought $100,000 of spot Bitcoin for this trade, it would now be worth $102,000. The nifty part, of course, is that you get all $2,000 of this profit with only one percent of that spot investment. Very cool, very cool… but this doesn’t happen to you. You continue to get liquidated, even when your TA is so good, even when you enter positions at the extremes of the range, your stop gets hunted or it’s a fakeout or of course it deviates this time (or you are copy-trading larps and shillfluencers that don’t have actual trading skill and would rather farm engagement by catering to a unidirectional bias)… let’s discuss. Leverage works in the opposite direction as well; for every x of leverage you use, you are liquidated after a (100 divided by x) percent move. So, a 50x leveraged position is liquidated after a (100 divided by 50) = 2% move. A 20x leveraged position is liquidated after a (100 divided by 20) = 5% move. If you apply 100x leverage to your $1,000 collateral, and the price moves opposite by one percent (e.g. Bitcoin from $27,000 to $26,730), you get fully liquidated (unless you are dumb enough to use margin as well, and if you are, please stop unless you are a professional). If the price moves by one-tenth of a percent ($27,000 to $26,973) (!!) your collateral is already down ten percent to $900 (and on Rollbit 1000x, you are fully liquidated). This is not sustainable for anyone. No, you will not be the sole exception. So, how much leverage should you use? I could take the easy way out and tell you to only use 10x or less. But you won’t listen to that. And I wouldn’t either. So let’s look at some examples and do some more math to satisfy our confirmation bias: Looking at $ETH: Despite the hellish price action throughout the last six weeks, we have a few pretty neat lines. Let’s say you are interested in shorting, because we have taken some liquidity from above the range and recently rejected from the prior deviatory high. What would invalidate this? Maybe a break of $1775 if you identify that as another area of resistance. Let’s go with that: From the current price in the image of $1731.95, how much of an increase would we need to see $1775? The math is easy enough: 1775 divided by 1731.95 is 1.0248, or a 2.48% increase. (If you are looking to hold the trade back to the bottom of the range at $1580, then you are looking for an 8.88% decrease. Not bad R:R for that particular trade and mindset, if that is what works for you.) Anyways, the key number here is that 2.48% increase to your invalidation. Your next step is to determine how much money you are willing to lose. Ten percent is a bit high, especially for larger accounts, but it’s an easy number, so let’s use it. Remember, if you were to 1x short $ETH at this level, and it got to your invalidation, then you would lose 2.48% of your money. The formula to determine your leverage with respect to your risk and the movement to your invalidation is as follows: Maximum Appropriate Leverage = (Risk) divided by (Invalidation Movement) In our $ETH example, the Risk is ten percent, and the Invalidation Movement is 2.48%. Plug them in: Maximum Appropriate Leverage = 10 divided by 2.48 = 4.032 Only 4.032x leverage? Yes, only 4.032x leverage, if your risk appetite is 10% and your invalidation is a 2.48% move, which is fairly large. If your trade is invalidated, you lose 10%, as per the plan. If your trade works out, and $ETH goes back to $1580, then your profit is 8.88% times 4.032, which is 35.8% for a nice payday! Maybe you really like that entry and you strongly believe that a break of $1750 would be a firm invalidation. This means that the invalidating move would be 1750 divided by 1731.95, which is 1.01042, or a 1.042% move. Also, your risk appetite is twenty percent. Let’s run the numbers again: Maximum Appropriate Leverage = 20 divided by 1.042 = 19.194 19x leverage? Hell yeah! By slightly adjusting our trading personality, we have nearly quintupled the appropriate leverage for this trade. These examples are meant to describe two different traders, what makes them successful, and how they can maximize their profit while staying true to their own risk appetite. I don’t necessarily endorse the use of leverage; after all, the biggest wins in Web3 are long-term holds of spot bags that carry no multiplicative risk, and those plays should be prioritized. For those who are struggling with risk management and looking to take their trading game to the next level, I hope that this read provides helpful insight.

Meet Bunngus — an evolved @friendtech UDO!

Meet Vinea, an Analyzer starter UDO!

@exitliquiditee We’re almost out of it

Meet Spherit, a Degen starter UDO!

On the other-hand this does encourage people to make posts where they otherwise wouldn’t have. Just try not to eat too much glue

5 original posts 50 replies = 55 posts max each day Over the course of the next 180 days = 9900 posts max If each post takes you 1 minute to create it’ll be 165 total hours spent to $tip These numbers are problematically stupid and rewards low quality engagement @tipcoineth

However I will still eat glue for the monkey overlords so I can have my bananas

@SonyChielo @tipcoineth You deserve it all $tip @tipcoineth

@exitliquiditee @tipcoineth You can have just the $tip @tipcoineth

@exitliquiditee @tipcoineth I’m here to engagement farm @tipcoineth #tip

My first $tip @tipcoineth

The first TipCoin Epoch is live! Sign Up Now: thetipcoin.io Share. Tip. Repeat $tip