I've grown to hate the facades we put up in crypto. Maybe it's just a part of who I am — I despise liars and arrogant fucks.
Who likes facades? Who likes being shilled Pnds?
I don't, and I suspect your portfolio doesn't either.
I like being transparent — it's essential in creating long-lasting, trustworthy relationships. So here's me:
I'm a profit maxi and been so since day one.
…….yeah. I really couldn't care about the underlying tech when there's money to be made. Why? I'm poor and want more money. Simple.
I first noticed crypto back in 2017. For any kid searching up free ways to make money online, the only two things that repeatedly came up were crypto and dropshipping. Yep, I dived straight into dropshipping and ignored crypto lol. Spent like a year toying around and nothing fruitful came about so I stopped and spent my days up until 2021 reading shitty web novels.
“OMG AN APE 5!!! DEV LOCKED LIQ. 25k MC RN !!!”
Come March 2021 and I found my way into BSC shitcoining. Those days were spent in telegram chats, shilling servers and etc. Looking back, I’ve never been more grateful for how much BSC has taught me. Plenty of people scoff at the idea that BSC peeps might have the slightest bit of intelligence but that crowd was the most cutthroat I’ve ever seen.
Having spent 6 months in BSC and losing basically everything, I moved on to the next hottest rotation— NFTs. It’s weird exploring the crypto space outside of a largely insular chain like BSC. I still sometimes go back and hit up old friends to bridge out but they just keep refusing. Masochists.
Profit: 0%
Time Spent: 5 months (March — August)
Enjoyment: 7 (10 scale)
“YOU PAID $200K FOR MONKEY JPG????”
NFTs were weird to me and still are. They remind me of shitcoins. I’m bad at shitcoins. I’m pretty in agreement with the non-crypto normies when I see some of these sales — nftz suck! My JPG portfolio is breakeven — I don’t think I’ve really progressed in this space lol.
Valuations seemed absolutely crazy to me.
Shoutout to ParallelNFTs for their valuation btw. L
I consider my time spent trying to flip NFTs as time spent in purgatory. Pure hell, waiting on moby.gg waiting for the next mass mint only to find out I got rugpulled. The personal breaking point was Mekas. I fucking waited an hour in the “virtual line”. Dogshit. And so, the rise of LOOT kinda heralded the end of NFT szn. My ride was here and I rotated out into ohm forks
*side note* — I find it extremely funny that mevcollector is basically treated as the sisyphus of nfts
Profit: 0%
Time Spent: 3 months (August— November)
Enjoyment: 4(10 scale)
“Ohmmmm My Gawd ”
My crowning jewel. This was the start of my portfolio’s exponential growth graph.
- Exodia
- RomeDAO
- Lobis
- Pumpkin DAO
- Kronos DAO
- Akame DAO
- Hector Dao
- Spartacus
- And so many more
Get in early. Check the chain. Go onto the chain explorer and search for the ohm deployment contract. Search through Twitter hashtags. Spend your time doing nothing but watching the next 53th fork on a ghostchain you’ve never heard of.
Sadly the ponzi only lasts for so long. Find the next narrative. Don’t let someone shill you bags to hold, let them shill your bags.
I have to admit. I lost out on outsized returns worth well over my current portfolio by not selling — I’m a bagholder. Don’t be like me. Learn from my mistakes and improve.
Profit: 5,000%
Time Spent: 2 months (November— December)
Enjoyment: 9 (10 scale)
“IM THE ONLY DUDE ON THIS CHAIN???”
Rotations are sweet. Even after ohm forks collapsed I was still able to find outsized returns getting in new chains and their dapps before twitter found out.
My tracking list, last updated Jan. 27th.
L2s to watch:
Oasis — currently in dune
celer.network — seems to power most bridges? weird
Syscoin — gsdao (gold backed reserve currency) and pegasys (first amm)
Skale — ruby.exchange and boot finance
celestia — mainnet this year
Obscuro- unreleased
nahmii — niifi (0.034 rn)Other Interesting L1s
Revolution Populi — blockchain database for the Internet
Hathor — Hathorswap
agoric — js programmed smartcontracts
minaprotocol — lightweight ass chain, backed by 3ac
casper.network — POS Blockchain
Cellframe — focus on quantum computing
fusefi — mobile first
Render Network — GPU rendering network
zenon.network
constellationnetwork — DAGs
Cardano — Sundaeswap
qanplatform — testnet jan 17th
Kadena — kaddex Q1 2022
Solana NEOM — MoraSwap
Findora — atherton and FairySwap
Dusk — testnet feb 1
If you can’t get inside information. Get there early. Do your work and stop waiting for other people to shill you shit.
I watch every chain with 100 mil mc plus. Why? You can judge the performance of any chain's first couple of dapps based on its underlying platform and the native token’s price action.
Ex; 1 bil mc chain that just dropped mainnet — its fucking free money to get into its first AMM.
I don’t like holding native tokens, I’ve found that protocols on newly growing chains often act as an amplifier for prices. If I’ve learned one thing from early Fantom investors, it's to invest early and whale up in every single fucking protocol that's has a competent dev team on the chain.
Profit: 6,000%
Time Spent: 2 months (December— Current)
Enjoyment: 10 (10 scale)
“What Now?”
I’m always looking for the next thing. You can catch me snooping on chain, on governance forums, and wherever people talk.
Your edge is how hard you are willing to work. Crypto is a game of information asymmetry. Know things. Learn Things. Read. Stop listening to other people blindly. Go on-chain.
Trust in good teams. Not too much trust. I’ve personally missed out on well over 5x my current portfolio due to my blind trust in devs. Learn to sell.
Finally, find good people. The more eyes and ears watching for new alpha the better ;)
My current investment thesis is still the same — invest in the first couple of dapps on new chains. Find the new hottest protocol of the month and invest in its first forks.
Just be first.
Got more questions?
Reach out to me @ godking#0001
