
Millionaire Mindset 🥇 | Marketer & Developer 💻 | Crypto / Blockchain Advocate 💵 | Hidden Opportunity Finder 🎯 @gachadexcards
Blue Dot
Joined September 2021
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over the next 2 months my goal is to change the lives of my followers by levelling up my content here:
- More alpha
- More research
- Better tech development
For those following and interacting, I want to pay that back by ensuring I make it worth your while.
Let's cook
Just remember, you don't have to be dumb like Graham and have a 7 second holding period.
When you actually stop being a degenerate gambler married to Solana trenches you actually find out that "THESIS" that you have about coins, can play out over DAYS, WEEKS, MONTHS, even YEARS
The trenches are not dying. But the current eco is.
LThe NFT style downfall of the Solana PF drill machine is slowly coming to and end.
Excited to see what spawns after! Memes will not die.
Pump fun’s on boarding normies is genius! When they come they will quickly get exposed to the beautiful Lingua Franca of crypto:
Drill, rape, nuke, full stack hitler, ass rape, crime, rekt, farm, rug, etc.
Bring on the normie invasion! 🤣
Imagine being so dumb and saying
‘If one person is enough to nuke it it wasn’t good enough to begin with’
That ‘one person’ being the gay bundler like Ethan who picks up 50% of supply and drills.
Where have I heard that never?
Oh yeah in equities where the CEO dumps his entire supply of his company and then says ‘well if the company was good enough to succeed one person selling shouldn’t be enough to kill it’
In tradfi these type of assholes go to prison or they are smart enough to keep it on the DL.
On crypto, they go on rasm stream and show to everyone how fucking stupid they really are
The argument Ethan makes here that "a strong token would survive it anyway" makes absolutely no sense to me.
He is essentially saying that he buys 30–50% of a token's supply at an extremely low market cap because he believes it can reach $1M or higher.
That's exactly where the problem starts. He does not even hold a token that long himself, or bothers giving the token attention to even go to 1M Marketcap or beyond. He instantly moves onto the next target - and that is what creates this imbalance.
Someone accumulating 30–50% of a token's supply at a sub-$10 to 20K market cap creates an enormous imbalance between the amount of money they initially risk and the amount of liquidity they can potentially extract later.
At a $100K market cap, 30% of the supply is already worth $30,000 on paper. At $1M, it's $300,000.
And it was bought for maybe $500 - $ 1,000 - close to nothing.
Now imagine that person constantly selling into thousands of $ into every bit of incoming buy pressure, while everyone else is putting in actual meaningful money, buying, and trying to push the token higher while one person is up an abnormal amount of money compared to the Liquidity provided to him in the token.
Ethans counterargument is that if the token was genuinely strong, it would survive that selling pressure anyway. That is just stupid and shows that he does not understand the point.
Through the huge imbalance of his paper-profit compared to the liquidity provided in the token and needed to be bougbt into him constantly selling, he is basically robbing every new person of their invested money, the r/r is not fair.
This guy completely misses the point, because he does not understand the or care about the actual game
Without one single person controlling such an absurd percentage of the supply, that enormous, concentrated sell pressure wouldn't even exist in the first place and a healthy community of actual members could form.
The token wouldn't need to absorb hundreds of thousands of dollars worth of potential selling from one individual who accumulated his entire position for next to nothing.
Instead, the supply would be distributed across more participants, risking a more balanced r/r, more similar expectations, and profit targets. There would still be selling, obviously, but not necessarily one massive holder constantly absorbing the buying pressure of everyone else.
A way more healthy community would form and give the token live length.
Imagine having 30% of the supply for a token that goes to 1 million marketcap.
You would walk away with $100,000 in profits if you constantly sell like Ethan does, while creating a community of 3,000 and more people that basically just fall together because they got sold on by you and then start selling onto each other due to being impatient, they invested hundreds of thousands in total while you bought it for $1,000 and sold it onto them. It doesn't give the token the strenght and length it needs and should get to actually grow.
It's not a demonstration of trading skill. It's extracting money from people who are trying to trade memes but get robbed before a community can even Prosper and grow.
Essentially providing the exit liquidity for one Ethan selling into the first hours of attention onto a token.
Those influencers selling you ‘this is how you trade’ bullshit on social media are the highest form of grifters.
Sitting behind their massively copy traded wallets. They lead you to slaughter.
Most of the so called great influencer traders got lucky on one trade or call on X. I’ve seen it first hand with many of them where they made ZERO before becoming a KOL
CryptoBuffett retweeted
Papertrade advertises zero fees. I went through the numbers on a simple trade and that isn't what I found.
Say you go long Bitcoin at $80,000 with $1,000 of margin at 1000x. Your position is worth $1M, or 12.5 Bitcoin.
Each $1 move in Bitcoin is $12.50 to you. Your $1,000 covers an $80 drop, so your margin runs out at $79,920.
Papertrade liquidates you at about $79,960. That is a $40 drop. At that point you have lost $500 on paper, but they keep the full $1,000.
On the winning side, say Bitcoin goes up $50 to $80,050. Your profit on 12.5 Bitcoin is $625. Papertrade pays you $406, which is 35% less.
Here is what they pay at different move sizes:
A $25 move earns $312 and pays $157. That is a 50% cut.
A $50 move earns $625 and pays $406. That is a 35% cut.
A $100 move earns $1,250 and pays $940. That is a 25% cut.
A $200 move earns $2,500 and pays $2,032. That is a 19% cut.
A $500 move earns $6,250 and pays $5,333. That is a 15% cut.
A $1,000 move earns $12,500 and pays $10,843. That is a 13% cut.
The cut gets smaller as the move gets bigger, but it never goes away.
At 1000x most trades end on small moves, because Bitcoin moves $40 or $50 all the time. Small moves are where the cut is largest.
Putting the two sides together, a $40 drop costs you $1,000 and a $50 rise pays you $406. To break even on those terms you need to be right about 71% of the time.
For comparison, Hyperliquid would charge roughly $900 in taker fees to open and close a $1M position. That fee is stated up front. Your margin also runs all the way to zero before you are liquidated.
On Papertrade the cost comes from the early liquidation and the reduced payouts on wins. Each one shows up in the price you get rather than as a fee. Combined with 1000x leverage, it puts the odds well against the trader.
CryptoBuffett retweeted
The worst thing to happen to crypto is pumpfun normalizing influencers scamming people
Whatever is happening on pumpfun right now is not trading
you’re getting rinsed by pumpfun,KOLs & streamers
You’re never going to win this way
It’s all Smoke & mirrors, boycott pumpfun.
Someone spun up a fresh wallet and opened a 25x short on $33.5M of ETH on Hyperliquid.
Partially liquidated within hours.
Risk management isn't sexy but it's the only reason you're still around next cycle 😂
BTC dominance at a 14 month high and alts are bleeding.
Everyone asking where altseason is. Same people who were calling for more nuking last week.
I'm still DCAing BTC, SOL, ETH. Not complicated.
CryptoBuffett retweeted
Just dev'd some shit, it stalled at 8k, gave it some time to go, but it had no more momentum and it became clear to me it wasn't going higher.
Mindlessly, I just stacked my block zeroes, in a desensitized fashion.
After a few minutes, it genuinely hit me, like damn, what did that mindless desensitized action look like for somebody else.
I went on pumpfun and started scrolling through the trades on the token.
I saw guys who had $100 in their balance, who'd lost $10 on that.
I genuinely sat with that for a second and it really hit me, the raw emotion of what that $10 loss to this guy might have felt like, it could be literally soul crushing.
I spent 15 minutes literally scrolling through and refunding small port traders who'd lost on something they'd believed in.
The point of even saying this is, when you make money in this space you get desensitized.
We really need to normalize some type of ethics and game theory here, there are no rules but that doesn't mean we can't be decent.
There's a difference between selling into hot volume when the coins getting flooded & everyones gonna have a chance to make money, and just mindlessly stacking it at 8k because it's not going anywhere and you just 'don't care'.
If you dev something you think is good, and it doesn't squirt up how you'd expected, don't just drill it.
Give these guys a chance to pile out.
Fuck that shit man. I'll play the game, but I'm not losing my soul.
CryptoBuffett retweeted
The reason we have so many low IQ bundles and scammers in memecoin markets is because that’s the easiest path to money now …
If you are low Iq and poor and stupid the best way to make money and only way really for you is by launching bundled on launchpads and rugging.
Back in the day you had to be smart and a coder to launch tokens so it was mostly high Iq people in that arena.
Now it’s changed
Is what it is
Sol is such a bearish chain, what do u mean i need to buy on top of 12% cented , 12 % limfork and 12% dv and then they gonna vamp themselves with the same pic but diff charity into the picture actually being real and monkey being the sahur tungtung shit
CryptoBuffett retweeted
Anyone with eyes can see how fucked the trenches became since pumpfun
And look, if it wasn't them then it would be someone else I get that. In fact I have a huge position in the pump token too.
But anyone who thinks the current state of things is healthy or normal is just paid off.
CryptoBuffett retweeted
This picture sums up exactly what’s wrong with the trenches.
You have a coin with an amazing community that’s been bagworking for over 6 months, putting in real effort to build something.
Then a new pair comes along, backed by a few KOLs bundling the supply and suddenly everyone starts bidding that one instead.
6 months of community effort gets ignored because traders would rather chase the newest launch with a few big accounts behind it.
It’s in our hands as traders to heal the trenches. Stop bidding obvious KOL bundled coins that will be at 0 the next day.
CryptoBuffett retweeted
If you’re not a KOL or insider you should be spending your time vibe coding a business or building a skill
The things happening in the trenches isn’t really trading anymore, it’s actually quite sad
CryptoBuffett retweeted
You do realize that you are 35.6× more likely to win a single-number roulette bet than to make $10,000 on Pump.fun right?
Best shit on the TL by far is the bubblemaps extractor exposure.
Pure gold.
1/ Meet @anglio
Ex-construction worker. Now serial extractor on pumpfun:
• 5 side wallets
• 500+ callouts
• $130k extracted
this might be my best trade ever. I will not close these longs until BTC breaks ATH
Im still accumulating and for the record, if it goes lower, I will just keep DCAing
People realize that what pump fun did was “slopify” memes before AI was a thing.
Making something easier results in more slop..surprise…not
Just like AI is enabling the ‘dumb’ guy to now “build” = ai slop
Making the ‘dumb’ guy able to rug = meme slop
pre pump era a dev needed to:
- burn $30k worth of cash
- make a deal with every KOL you could imagine (means no pvp)
- employ mods for every time zone
- lock their team allocation on livestream
- prepare a roadmap, website, showcase, advertisement (even if they were bullshit, yeah)
- host spaces, hang out in discord, telegram
- sign deals with market makers
- try to get listed on CEX
- some even sponsored premier league soccer teams FOR FUCKS SAKE
now all they need to:
- press a fucking button, bundle and nuke
AND YOU ARE ASKING WHY WE DON’T HAVE BILLION RUNNERS ANYMORE?





















