$57M deposited into papertrade, eagerly looking to be lost in an effort to farm paper
Good luck to my friends blurr and jez
NFA (not farming advice), but if you plan on participating, deposit before it’s live. General thoughts - stay delta neutral, avoid max lev, stake asap
a message to coinbase:
we talk about onboarding constantly but fail to address the low hanging fruit
when i signed up for coinbase in 2017, there were only 3 coins - BTC, ETH, and LTC. litecoin sucks, but BTC and ETH are both up 10-20x
now when a newb signs up for coinbase, they see 300+ shitcoins. i can't even imagine trying to figure out which ones to buy. most of these will continue to bleed to zero
coinbase needs to get back to basics. remove all this trash from your platform and keep 5 or so established winners. stop confusing retail if you want them to join us. they can learn how to use the chains if they want to buy coins that aren't listed. this is actually net positive and consistent with my own journey
whether john smith buys a shitcoin that loses 80% of its value, or buys bitcoin which goes up next year, he will tell a friend about it. the difference is he will tell his friend that crypto is a scam if he bought the loser