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spuno
@spunosounds
making money online with my friends.
Joined December 2017
1.1K Following    49.4K Followers
my thoughts on $asteroid I personally think asteroid on ETH is the most liquid, best R/R, yes/no asymmetrical bet we’ve had in the trenches in a long time. if you’re an active trencher, it may be easy to overlook it because you probably already know 10-30 traders who’ve made 6-7 figures ALREADY on this trade, but that doesn’t mean there isn’t a 5-50x possible still. SpaceX IPO is next month (the largest IPO in the history of the earth) and to me asteroid is in a good spot for Elon to want to use the cute asteroid mascot during all the shenanigans. if you compare it to floki, a little shiba inu, even doge, all of these coins have been multi billion dollars coins all surrounded and drenched by one man, Elon musk. Also, every one of these coins has been surrounding a dog. What is asteroid? Both of these things, A dog for Elons company, at only a fraction of market cap of what those other coins reached. on a technical level, it’s sustained over 100m marketcap for almost a MONTH now, and it’s clear that the big holders (mostly whales) see higher and further visions for this coin. the yes/no: There’s 2 scenarios I see really—Elon uses it with SpaceX as the mascot, Elon doesn’t. That’s it. I think if he does use it; 5-50x, if he doesn’t use it, I’ll probably cut as it slow bleeds to a -50% to -60% loss. This isn’t a 1000x, moonboy, “change your life overnight” trade for me at the current entry, but it seems like a decent spot to park some money. My sizing and R/R: here’s the catch, I’m not dumping every dollar I own into this. I’m not dumping half. I’m not even dumping 10%. I’m literally putting in 1% of my liquid net worth and hoping to turn it into 10-15% of my nw. I’m not asking you to buy, I’m not asking you to shill and share to people, just thought I’d give my opinions on my current high conviction bet. I literally gain nothing by sharing this information except a victory lap and fatter pockets if Im correct. dyor nfa.
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