i'm trying to model what the fair market cap of $MARSCOIN should be
so i asked ChatGPT for help
since there is really only ONE $MARSCOIN
we first need to determine the fair value of Mars itself
yes
the actual freaking planet
then we need to figure out what the ONE coin representing it should be worth
obviously Mars is worth less than Earth
but here's where things get interesting
there are ~62 MILLION cryptoassets in existence right now
so you're telling me there are 62 MILLION+ different things competing for capital on Earth
and somehow there's only ONE coin representing an entire planet
i'm trying not to overthink this
i'm trying not to midcurve the model
but every time i run the numbers
$MARSCOIN looks more and more ridiculously undervalued based on my model
am i doing this right???
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pa has been pretty toxic the last few days on our favorite barbell, but the structure hasnt changed one bit. mostly just noise.
marscoin and useless are still printing stupidly clean HLs and it feels like we cant be too far from the next expansion
dont let them shake you out
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gm to everyone allocating capital irresponsibly
wishing you a beautiful day ahead
they'll study the marscoin <> useless barbell for generations
above .34 and we see the real fireworks on $useless
haven’t sold a penny of it yet and have a lot of conviction it’s the first new meme of this cycle to hit 1B
just beautiful consolidation last couple of weeks after a face ripping move and basically all of the OI is flushed out with btc making new highs
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the move is to find the winners early/late-early, ride them with size into the billions, then start rotating profits into the 100-1000x hunts
not the other way around
otherwise you risk blowing yourself up before the cycle even gets to the really interesting part
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every time you feel like you're late, remember this
useless isnt even top 10 yet, and marscoin isnt even top 30
neither stops before the top 5
$useless coiling up for a breakout.
this has been playing out beautifully so far, majors are up around 10% on avg since
the levels coming up next, especially on btc, are the kind of levels that once broken p much confirm the bottom is in, regardless of whether you already believe it is or not. so what happens from here is extremely important
if u managed to position around the time of the tweet, you should have some really clean invalidations in profit by now, which imo are worth respecting
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good area to bid overall imo
majors have been bleeding/chopping for the past weeks, and today they finally hit the first meaningful HTF support, right as a high-volatility event came into play
below these levels, the long thesis gets invalited and i'd rather wait for lower prices
gl
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been looking through some charts to see if there’s anything worth adding, but honestly i’d rather just add to my current longs. still think they offer some of the best rr in the market rn
i know these accumulation phases can be annoying to sit through, but they’re also the ones that can pay you really well if things play out the way you expect
so yeah, for now im just gonna sit tight here and see how things play out
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tping sol and pump around here. pump has been pretty weak for a double digit sol day, kinda disappointing tbh
im aware bybit recently listed stonk, gonna keep a close eye on it
leaving mars/useless untouched for now
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no attachment, just execution
small adjustments to positioning. tp'd pons for +35% and rotated into sol/pf longs.
both are printing clean bullflags across mtf's.
just doing a little frontrunning of where i think attention flows next
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up 20-30% on all of them. good snipe, aiming higher for now.
my invalidations are already in profit, so looks like the first trade is secured
punted some stuff - warming up still
good area to bid overall imo
majors have been bleeding/chopping for the past weeks, and today they finally hit the first meaningful HTF support, right as a high-volatility event came into play
below these levels, the long thesis gets invalited and i'd rather wait for lower prices
gl
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punted some stuff - warming up still