Cryptocat
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Binance is clearing out the rubbish, and we’re making money from it. The delisting of $HOOK and $RDNT was only a matter of time. The market is overheated with promises, but the reality is red candles. My strategy is simple: short on the momentum and pocket the profit. Cryptocurrency isn’t about faith in technology, but about money flowing from the slow to the fast. 10,000 for family presents won’t earn itself. Be quicker than the crowd and don’t listen to the storytellers.
So how can you make money in a market like this? Did you see the recent wave of delistings from Binance? These coins were once touted as having the most cutting-edge ‘technology’ and potential, but the end result was nothing but a crash. Letting them gather dust in your portfolio and constantly hitting new lows is no excuse for simply losing money. You need to short-sell wisely and make a profit. I’ve put together a list of coins that, in my opinion, could soon offer shorting opportunities $GTC – no one’s interested in it anymore, not even the team; zero hype, dead trading volumes $WIF – what many fear; also zero development and heading for collapse $MBOX – an old and forgotten coin; it’s long past time to get out Now is the time when a whole host of projects are waiting to die, and we need to make money shorting all this rubbish. What do you think of the list, and who are you expecting to see in the ‘graveyard’ of forgotten projects?
‘Ghost towns’ or the latest L2 ‘killers’ Have you noticed how L2s are multiplying? They remind me of mushrooms after the rain: they keep popping up, but they rot like bananas in the kitchen, ha We’ll soon see new L2s with multi-million-dollar investments, such as BASE and MEGAETH, but I reckon they don’t deserve any attention other than being shorted and ending up on the ‘rotten’ list Just jotted down a few thoughts
I just claimed 296,700 $TYNE on TYNE.