Collectibles making a coming back with DeFi, cryptokitties era is back.
Here it is, the 29th edition of The FUD, where I talk about the biggest FUD of the week. I help clarify events that crypto twitter decides to escalate. Leggo.
This week NFT’s are the talk, drama on twitter as usual, defi dies and comes back t life.
Digital collectibles, I must say I am a big fan.
With it obviously comes BS like cryptofinally trying to sell herself, but hey it’s all part of the game.
NFTers HATE HIM:— Jebus.finance 👨🌾 (@jebus911) September 23, 2020
Find out how one man steals thousands of NFTs with this one simple trick pic.twitter.com/GrECtBwi6m
The reality is NFT’s are a unique concept and hard to comprehend when u think about it. But to break it down, the first NFT was bitcoin. How? well when bitcoin was created for the first time n history you could exclusively own a digital item. That is all what a NFT is.
Sushi buy back happened to negate the apparent rug pool.
Idk who made this but don’t care and stealing it shamelessly pic.twitter.com/J7JgQ1IIlz— Romano (@RNR_0) September 15, 2020
While this may have seemed like a bullish thing, it just dumped.
Hard to apply fundamental analysis to things that have no fundamentals and run on yolonomics and pumpementals. Change your framework, you will see it clearer.
The World Markets Doom
Crypto crashes following the collapse of global markets.
We live in very interesting times, with the US election coming expect more and more irrational behavior.
wen trunp tweet someting?— starbust (@inversebrah) September 21, 2020
how did the gubment allow dis to happen?
devs still working? no rug, rite?! pic.twitter.com/WrenWlsUtw
With the explosion of sophisticated players in the space crypto is being treated as a high risk investment just like low cap shares, during turbulent times expect turbulence.
MoonBase is coming…
Yes, that decentralized meme project you thought was doing nothing is about to revolutionize defi.
𝕄𝕠𝕠𝕟𝕓𝕒𝕤𝕖 𝕡𝕣𝕖𝕤𝕖𝕟𝕥𝕤 𝕒 𝕟𝕖𝕨 𝔻𝕖𝔽𝕚 𝕡𝕣𝕚𝕞𝕚𝕥𝕚𝕧𝕖 𝕗𝕠𝕣 𝕗𝕒𝕚𝕣-𝕝𝕒𝕦𝕟𝕔𝕙 𝕔𝕠𝕝𝕝𝕒𝕓𝕠𝕣𝕒𝕥𝕚𝕠𝕟. 𝔹𝕖 𝕡𝕣𝕖𝕡𝕒𝕣𝕖𝕕. pic.twitter.com/hfZ65FsB7U— $BASED 🍥 (@BasedProtocol) September 24, 2020
With fair launch models all these anon projects will be monitored, no more rug pool, enter based.. the future of finance.
Keep calm and buy.
$BTC Gann based price & time analysis— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) September 23, 2020
Current time pivot to be resolved – I remain biased bull until we lose 10K on weekly
Mixed signals but clear invalidation for the bulls and downside targets included in chart which I’ll trade
Next time pivot mid December pic.twitter.com/cDC0ESv7lU
The whole world economy is shaky so just hang in there,, if you didn’t sell on the way up why sell on the way down?
It might be safe to start entering some coins.— Crypto Bitlord 🇦🇺 (@Crypto_Bitlord) September 22, 2020
It feels like that was just a shakeout to remove the weak hands.
-If so, they will be forced to buy back higher
Stay focused, get based.
Hope you all enjoyed the update, follow me @TheBitcoinaire and @MineDigital on twitter and medium to stay updated on The FUD and Whisky & Wicks. For the best rates in Australia guaranteed use Mine Digital. Mine Digital also has insured custody so don’t worry about your funds.
Please note this is not intended as financial advice. Always do your own research. The writer holds (and is biased towards) Bitcoin. The writer’s thoughts are his own and do not reflect those of Mine Digital.