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https://warpcast.com/~/channel/fan-token-tavern
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degen chad
@degen-chad
This is a follow up thread to my cast earlier today… Why I don’t think it’s the best strategy to be selling a majority of your Moxie Earnings. These are just my thoughts and NFA. I won’t be able to express everything in this cast. A 🧵 I’m sure I’ll mess this up Please try to read all the way through 1-8
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degen chad
@degen-chad
6-8 -This reminds me a lot of my journey with Aerodrome and the AERO token. I was very early to Aerodrome. Bought a decent amount but really earned a ton of it farming LPs heavily. It was a great product, but I wasn’t super interested in holding another dex token. I sold hundreds of thousands of AERO between $0.02 and $0.10 and I thought that was great. I had become very impatient with the price and almost sold the last 50,000 for like 0.6 ETH, but I thought about it. The base narrative is strong. This is the best ever implementation of of a Solidly style dex. I’ll just keep this as a moon bag. And thank god I did. AERO proceeded to run to over $2.00. So instead of pocketing 0.6 ETH early, I pocketed over 30 ETH!!! Imagine if I had held more of it. I was happy with the 30 ETH, but it could have been 100 if I had been more thorough in my thought process.
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Niko
@nikomfer.eth
you need to teach us how to make an exit plan.
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Ⓜ️OODY🎲
@moody1899
People are always smart in hindsight, the risk management required this in that situation, I think you made the right decision to implement it, you never know, safety comes first, I confess this, wealth building is not a sprint but a marathon, but I think you know this very well! By the way, thanks for the thoughts! They are very useful!
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Cryptofishy
@cryptofishy.eth
Great read I am sure that took time and I hope people appreciate it I'm aligned with your thinking here with one word: CONVICTION Moxie's team is on another level, constantly pushing, fixing and introducing. I haven't been around long as you by any means, yet long enough to see a lot of projects make it and many FAIL. $LUNA was huge when it failed but it was destined to if you went down the rabbit hole. Proper research. $Moxie was built sustainably by a fully engaged team with systems and protections in place without comparison. I'm super bullish on $Moxie. they First unlock scheduled on Christmas so everyone will have money at the holiday. That's no accident. They GAF. Integrated with FC every way. 🚀 🚀
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Riddick🎩🍖
@riddlck.eth
but holding a coin is tough sometimes. I bought 1m enjoy token around 700$+ in march-april 2024. Still holding but 1m enjoy token price is now just only 33$. I
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ajrony.base.eth 🔵
@ajrony
How much time need aero to rise $2?
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Zeph 🎩
@zeph
this was so great! how you thought about buying again after selling it
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