gum
@gumsays
smart risk taker, chart builder | prev. @solanafndn, PFP @gummiesart
821 Following 67.6K Followers
you have no other way but to commit your life to finding undervalued assets and buy them before others price you out of
the market will give you that again over the coming months, if you're quitting now might as well never come back
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yup CT is dead again, everyone leaves because prices go down
this ensures you will never be here to buy when things get interesting again, and you'll always be here when others dump on you at the highs
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5 years ago today, Bitcoin reached a new all-time high of $69,000 during the 2021 crypto bull run
Would be fitting for Bitcoin to celebrate it by crashing to $69K today
SOL: -29%
my cash: +2.7%
I can buy ~45% more $SOL than 39 days ago
I'm posting this again because the human brain thinks yield farming is stupid
Yet, so far I made $3K in 39 days, and am offramping the yield to the bank for daily spending
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SOL: -21%
my cash: +2%
i'm ending the month able to buy ~29% more $SOL than 30 days ago
defi is a way to make money on cash you're not using. kamino is the only one I trust with mine
withdrawing the $2.2K to pay my bills as promised & a nice dinner with family
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jensen cheats on his wife and the nasdaq goes up 3% but bitcoin goes down for some reason
crypto traders have obviously been banished by the market overlords, this is a punishment for what we did in our past lives
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these 3 pumpfun squads just won $2,500,000 for making $500,000 on the squads competition
per member:
OGCallers: $75K for $16K trading profits
LarpFnF: $93.75K for $15K trading profits
Bearcouncil: $13.9K for $4K trading profits
I might have to join the perps competition
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$SOL bulls assemble
this is the most likely area for a bounce, aligns with BTC support
Breakpoint happening soon and Solana historically has a good performance leading into it
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couldn't be happier with this decision. avoided the entire drawdown after just 24 hours
fair criticism that I call myself an investor while actively trading
but this market doesn't reward holding. i wish it did
i expect a bottom to form when bad news stops pushing prices lower
we're not there yet imo, although I like the $73.8K retest a lot as a buy area
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something doesn't feel right
sold most of the stuff I bought at a very small profit, expected a bounce but BTC closed red w/ TradFi up
i sense good alts won't hold as well as they have so far if we dump again
flip flop season because the market demands it
always protect $
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several rugs today from what CT believed as legit teams both on Solana and Robinhood chain
good onchain tokens seeing capitulation
max extraction season doing its thing
one of my favorite quotes from CT comes from Cobie:
"You act too quickly when you are trying to grow capital, and you act too slowly when you are trying to protect capital"
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something doesn't feel right
sold most of the stuff I bought at a very small profit, expected a bounce but BTC closed red w/ TradFi up
i sense good alts won't hold as well as they have so far if we dump again
flip flop season because the market demands it
always protect $
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crypto is one of the least safe places for regular people as AI starts to cause real damage on the internet
we need products that are safe by default, and easy to use
really cool to see Sanctum build a hot wallet with this level of security built-in
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Every Sanctum wallet is now a 2-of-3 multisig ☁️
A lost key no longer locks you out, and a leaked key is no longer enough to drain you.
Why this matters 🧵
PumpFun has a $700M annualized revenue rate (90D)
That's $350M of buybacks, in the next 365 days
At this rate, they will burn 50% of their ENTIRE SUPPLY in the next 3 years
There are very few tokens worth buying based on fundamentals, $PUMP is one of them
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bought a lot of coins here
too much panic, this is mostly positioning unwind coming from sectors that benefitted from Trump having power (he doesn't now)
if anything, Bitcoin and crypto rally on Trump losing whatever influence he still has
for alts, $ZEC is the best bet to take going into 2027, nothing else comes close, that's where I allocated the most today
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Elon hates CZ and you know it
You just know he will work with or acquire a competing product to Binance in the next 3-6 months
if you have cash, best thing you can do in times like this to put stink bids across good coins
time and time again I've seen 10%-20% overnight crashes that recover quickly and mark a local bottom
so many bull cases for bitcoin lately....
JUST IN: 🇵🇾 Paraguay's President resigns after bank holding savings for half the country's population collapses.
trump broke the markets so hard that your only hope until he leaves is to merciless take profits on every move up and slowly compound over time
can't wait for a presidency where you don't have to go through generational trauma every week
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bought a lot of coins here
too much panic, this is mostly positioning unwind coming from sectors that benefitted from Trump having power (he doesn't now)
if anything, Bitcoin and crypto rally on Trump losing whatever influence he still has
for alts, $ZEC is the best bet to take going into 2027, nothing else comes close, that's where I allocated the most today
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the sad realization of the past 3 months is that much of CT doxxed themselves as caring more about what anon animal pfps care about instead of working to make money to help their parents and family
this place isn't real, don't make it your reality
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portfolio is higher now vs october 1st, before the dump
did not play the market perfectly but am happy with my ability to avoid drawdowns, that's my biggest strength. i've accepted that it is extremely hard to maximize upside without compromising on downside protection
took profits today on crypto because the move feels like more of a relief that the midterms are over and the world didn't end. don't have a read yet on the implications of democrats taking over the house/senate but initial impressions are that its bullish. and I like that trump & co will be investigated in regards to their crypto crimes, it is bullish for crypto that we become apolitical and not attached to main characters.
my biggest fumble was my oil short. built a massive position over last week, held through a large drawdown % wise and sold at the slight sign of profits 2 days ago. in hindsight, my execution on building the position compromised my ability to manage it and extract profits
the mission is the same: view the world with an optimistic lens, and reject doom. doom is the enemy of progress. opportunity is abundant and we are blessed
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biggest news coming out from the solana ecosystem this week
solana:KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS utility may be coming soon (finally!)
- there is no equity, own KMNO = own Kamino
- team switched from time based vesting, to unlocks based on market cap ($1B, $2B...$10B)
- plans to work with BANKS, BROKERAGES, WALLETS
- $20M+ investment over 2 years
everyone on Solana loves Kamino, but many never considered investing on KMNO because of apparent disconnection to the business
this offers clarity on what the token represents, fully aligns the team's performance with the token, which makes it far more appealing to own
the biggest defi protocol on solana is entering a new phase of growth where if you own the token you participate in the upside of the business
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Today, I’m sharing my first letter to the KMNO community as CEO
Since joining @kamino , I’ve been asked a version of the same question by longtime KMNO holders and people getting to know us for the first time. As Kamino grows, where does the value we create go?
It’s a fair question, particularly as we work to bring Kamino into banks, brokerages and wallets, through which our goal is to allow millions of people to earn on their capital or borrow against assets they already own.
The answer starts with how Kamino was built. The Kamino Foundation owns the intellectual property and receives all revenue, including revenue from institutional partnerships. KMNO is the only token. The founders, our investors, the team and I have our upside tied to the same token our community holds. None of us has a separate equity allocation.
What we do with the revenue matters, too. We’re committing at least $20 million over the next two years to expand the assets people can use on Kamino, and bring Kamino's credit and liquidity infrastructure to more of the platforms consumers already use today.
I wrote my first letter to KMNO holders to put those decisions on the record. I also share why I chose to make most of my own KMNO allocation vest only when it reaches and sustains a series of valuation milestones.
One Kamino. One KMNO.
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