usersteen.eth

sorry to be that guy i'm just not buying the bullposting. well, i might literally buy, but there are no developments that inspire long-term belief.

i'm sure i'll miss out on $, but it's really hard for me to invest without that belief. a CEX listing is hot gas. copy pasta is hot gas.

intentionally being vague bc the statement applies to different coins differently

I didn't buy it and I certainly didn't "buy it." I might buy it later. But probably only if I "buy" it.

Sad, but true. That said, a CEX listing is raw fuel. If there are other things going on at the time, it's an opportunity to draw attention to that. Theoretically it can level a brand up. But on its own it's nothing meaningful.

There is quantifiable evidence that a CEX listing leads to intense sell pressure applied by VCs and other investors who use the opportunity as a massive liquidity event. Retail hasn’t won on a CEX listing since the previous cycle.