/biz/ - Business & Finance

Buy guthix plate bodys +5 above i will pm you when to sell

>>53944405
Kaspa for sure

>>53944405
Trimming armor free

>>53944405
Cardano

/thread

>>53944405

No. If I can't make it, I'm going to to everything I can to make sure none of you fuckers do either.

>>53944451
I want to help you make it too. More money in our hands in general is better.

>>53944405
STX, SNX, DOGE, DOT. STX is the only layer 1 that will
Matter next bullrun.

>>53944488
Why DOGE?

>>53944465

You don't know me or anything about me. Don't presume you know what's best for me.

>>53944514
Are you saying making it isn't best for you?

>>53944405

BTC
ETH
1 other small cap crypto that you believe in DYOR
Gold
Silver

>>53944520

No. What would be the point when I would have to share it with with so many useless dipshits that don't deserve what they have?

Probably things in the top 40 or so bare minimum.

Everyone should be stacking zkSync rollups. There’s a big list in the archives and twatter but basically it means low cap gems like
>BBTT
>FRIN
>SPILLWAYS

>>53944938
Not frin save yourself from frin now

>>53944947
Hi Tyler!

>>53944405
GRT and BOBA

>>53944405
Bingus is Lingus

>>53944405
BTC 2023
BTC/Alts 2024
Alts 2025
Stables 2026

>>53944947
Are you a fellow 2020 Christmas moon bag holder as well?

HPOS10INU

>>53944405
‘Member Cryptex? I member…

>>53945194
Yeah. Team scammed biz with fake rumors.

>>53944405
I really don't know why these shitcoins are dominating the biz like what happened to solid gems like Crv, Sylo, CTSI, Trb, and the rest.

>>53945183
You smoking

>>53944405
my bet is on Coreto
decentralized reputation system for the whole internet
this one has a working product and good partnerships for adoption to kick off
and since reputation is starting to be a hot topic, there's actual potential here
>sub 1mil mc at the moment

>>53944584
'ello boomer

>>53944488
Speak more of Azero as an L1 too, DOT is okay, yet still ROOT that'll be powering root network of futureverse is one L2 I'm keeping tabs when it launches including CHAT tokens.

>>53944498
That choice alone spoilt everything.

>>53944584
>1 other small cap crypto that you believe in DYOR
Preferably RIDE, as metastaking on xPortalApp has been extended till June ending, governance utilities, partner's royalties and other utilities are gradually coming to fruition

>>53945227
Now it's a low cap gem

Pokemon cards. I'm making immense profits with them.

KAS
NEXA
DIA
QANX
POND

>>53946080
these shills never give up lmao

>>53946232
You blind as a bat, you not adding value to the biz so why comment on better ones.

>>53944405
fantom, oath, and illuvium.
good luck breaking through the noise to actually look into them.

>>53944405
ICP and maybe Filecoin.
Nothing else will matter for the next bullrun.
1. Bunch of new use cases 2. Decentralized front-ends

The narratives which you could run on Bitcoin, ETH and ETH alternatives have pretty much been played out. "Digital gold", "Store of Value", "ICO", "DeFi", "NFT".
ICP is next generation and will lead next narrative. The narratives will be decentralized front ends, SocialFi, GameFi, decentralized cloud and email.

>>53946191
literally who?
none of those coins existed a month ago

>>53944584
Based as fuck. Except buy LTC instead of ETH - LTC will be classified as a commodity while ETH will be a security and regulated as such

GMX but not at current prices. I would accumulate more in the low $40s and below. Would really like to see $25/coin for the BIG gulp™ but that feels like a pipe dream at this point.

Why, you may ask? It's quite simple: it is the largest decentralized perps exchange. Growth has continued even despite the bear market, which basically screams "GOOD INVESTMENT, GOOD INVESTMENT" for the next bullrun. Reminds me of Celsius back in 2019. inb4 omglol that was a scam. CEL pulled a 100x in two years and showed all the same signs we see now in GMX - strong positive growth during the bear market. Knowing Celsius would almost certainly blow up just put you in the position of knowing that one day, you would have to dump your CEL bags and walk away instead of baghold into oblivion. The narrative going into the last bull market was crypto getting "institutional adoption" and basically getting to the point of being like tradfi, with lending and fancy ways to rehypothecate collateral you see in the banking/insurance/asset management industries. Celsius fit that bill perfectly and played to the narrative all the way up until the music stopped. That's what you want, to anticipate the next narrative and find something which is going to best fulfill the vision of realizing that narrative - to make it not only seem real, but to become real (at least for a little while).

The next narrative will at least in part have something to do with DEX perps, as a natural reaction to all the CeFi failures we saw in the '22 bear. Trust has rightfully been eroded in opaque private lender balance sheets. When they get squeezed they just fucking pop. That problem doesn't exist in DeFi protocols, hence it's kind of a 2+2=4 when I say they are the next in line to fulfill the next "adoption" crypto narrative.

...that's not to say it's all roses and cream into the sunset, happily ever after for DeFi. (cont)

DeFi protocols come with their own set of tradeoffs, some of which won't be fully realized until next bullrun is well underway. Smart contract risk is the most obvious, but beyond that, we are already seeing the start of what will become "the next big problem" in crypto: dependency risk.

As has so often been the case, the projects which are currently leading *actual* innovation within DeFi - GMX, Opyn, the like - have many other projects who basically copy their code and try to compete with them. Think YFI forks, OHM forks, that sort of thing. Well, since we've seen this story SO many times before, with almost all YFI/OHM/etc. clones failing entirely to the point of being scams built on top of scams, most crypto investors (the ones who still have money and avoid being scammed, that is) are wary of these projects. So, clearly that old "just copypaste the code lol" formula doesn't work nearly as well as it used to - what now?

Well, unfortunately (for scammers that is), that means you actually have to build a project which DOES something useful and different. So we see many new projects starting which integrate into GMX utilizing their GLP pool to generate yield, or use Opyn options to develop covered call vaults which generate yield... and now, these projects are actually doing something! It's not just a copypasta anymore, it's real innovation all round. That's fantastic and all, but it sets in motion the building of a sort of tower of babel... smart contract after smart contract, all interdependently woven together so precisely, so delicately...

Software developers will be familiar with the term "dependency hell". Well, that's the future of DeFi. Here's my chance to invest in the latest and greatest innovation which is built as a 7th derivative of this other project's smart contract and extends these 3 other smart contracts as classes. Can you smell that...? One small bug away from SYSTEMIC collapse.

(cont)

BUT, no matter. I am getting ahead of myself, we are here to prepare for the next bull are we not? What was I talking about?

Oh yes, GMX. Well the bull case as mentioned is similar to CEL, but there's a sort of flywheel effect built into the tokenomics which, when a bunch of fresh capital is thrown at it and token prices are all rising across the board, causes an O(n^3) effect on the price of the token.

Since it has real yield generated from funding/trading fees, it's value can be derived just like a stock using a free cash flow model. So the cashflow is clearly important, lets dig into that.

On Arbitrum the cashflow is paid in ETH, on Avalanche, in AVAX. So if the price of ETH and/or AVAX goes up, so too does the value of the cashflow in $ - that brings up the price of GMX. Factor 1.

If the price of AVAX/ETH and generally all crypto is rising, then it's probbably because fresh capital is entering the space. This will cause an increase in trading activity broadly, which will increase trading activity on GMX, and thus generate more fees to accrue to the cashflow of GMX. Factor 2.

Finally, the price of the token and stocks generally cannot be determined *solely* by FCF alone. There is a premium or multiple which investors are willing to attribute to that cashflow, depending on the sentiment of the market. P/E ratio. This rises broadly during a bull market. Factor 3.

So the price of GMX in the next bull market will be a function of:
1) rising token prices
2) rising trading volumes
3) rising multiples

Prices * Volumes * multiples

O(n^3)

Yeah, I want that.

>>53944514
I know you come to 4chan(nel).

>>53944968
based, I've had you same the exact same thing to me when I fudded frin

>>53946435
tf a quick check on cg or cmc literally proves this wrong

>>53944488

Greetings, fellow STX Chad. Meet you at the top!

>>53946435
I've actually been holding QANX for almost a year now. My $20 investment is currently worth $14.

>>53944405
>Can we just stop for a minute and actually talk about what we should be stacking
Dyor newfag

>>53944405
INDEX, LSD narrative coming up and it's a low 10m cap on Coinbase.

>>53947374
looking at this

>>53946744
>>53946886
>>53946951
Holy shit this was a high quality post. I wish I could have people like you on tg or discord. biz is a cesspool but this kind of post makes it worth it to still come here. How do you feel about the other competitors in the perp dex space? Are you a GMX maxi?

Unidex
And I will only post this once. But it's an aggregator and will blow gmx out of the water

>>53944405
> RUN ESCAPE

Hmmm...

>>53944405
Need i say more?

>>53944439
Yeah sure thing, take my full rune plox

>>53944938
Seconding BBTT
Just got myself a bag a couple days ago

>>53944405
im unironically stacking letters for the rug game
$e $t $h

>>53944451
Lol how, coming to all of our houses?

>>53944405
>come back to biz every once in a while
>always find some new hype token everyone is stacking with a crackhead thesis
>crazy how it's never the same one 3 months later
BTC
ETH
You know the answer to your question. Release yourself from the burden of trying to expedite time. If I only analyze harder, if I spend however many more hours digging, I will find that gem in the rough, I'll get so rich so fast and finally be happy. A fool's errand. Enough time in the game and eventually you'll ascend to the boomer mindset.

>>53948897

Can confirm.

Also, even if a degen makes it, they will just gamble it away.

>>53944405
Lay your hands on Prifi and DiD projects and thank me later.

>>53948194
>tg or discord.
I only use discord to lurk and shitpost
>other competitors in the perp dex space
They are functional but the incentive structure isn't aligned quite as well, between liquidity providers and traders. That's going to be the key point going forward into the bull - which DEX can bring together the most liquidity and the most traders because the incentives benefit both in the best way possible. For now, IMO, GMX has little competition in that regard. But I won't preclude another project creating yet another liquidity provisioning model which is even better than GMX, we just haven't seen it yet. Not to say the other projects that are out there won't do well in a bull, they probably will, and you could prob find some good multiples on them as well. But the risk is always going to be higher investing in a runner up, because they run the risk of fading back into the pack. Better to try and pick the winner and stick to it until the race is over.

>>53944588
Someone needs a hug. I don't know you, but I know when someone needs a hug.

>>53944498
doge will moon to 0.10 soon. screenshot this

>>53944405
invest in stocks of energy companies and defense contractors now and invest in stocks of construction companies when a war is about to end

>>53944405
not gonna spoonfeed you ungrateful douches

>>53944405
Cash you fucking retards

>>53944498
I actually think DOGE is a decent bet, but would like to accumulate sub 5c. It's made it this far, absolutely refuses to fall very far from the top 10 after fucking years. It's the quintessential left curve coin. You can buy it and boom, you've got the left curve covered with something that is at least not entirely a scam. It's kind of become it's own self fulfilling prophecy of retardation. When retards get money, and want to buy crypto, they will buy DOGE no questions asked because its a cute dog and who doesnt like cute dogs? It's the first thing they see when going down the coin by marketcap list that makes them feel some sort of positive emotion and then they buy it simply based off of that feeling.

By knowing that, right curvers will buy it too in anticipation of the left curvers. And once the pump starts in earnest the midcurve copes and seethes until finally they capitulate buy into the pump and get dumped on violently by both tails of the IQ distribution. Poetic.

>>53944405
if you want to make money you need to be looking for coins on Arbitrum, it's the golden age of Arbitrum right now, especially look into the lottery and gambling tokens

>>53949733
checked.
but rly name a project you like.

/biz/ is going to come together and do a group deep dive of all the shit launching on BASE. It will be the biggest /biz/ collaboration in years, a return to the good old days. I plan to do top grade research and contribute what I can.

>>53946405
yup
just bought 10k icp

>>53949739
this. Animal/meme tokens are the perfect midwit filter in crypto. Retard dimwits buy them because memes and idiocy, high IQ topwits anticipate this and know crypto is almost entirely fueled by hype/hearsay so they buy as well, but midwits are the myopic ones too focuses on "use case" and "fundamentals" so they abstain from buying and miss out.

canto

>>53949470
It’s okay, my point is there are a few dozen guys like you on biz that actually know wtf they are doing and if they could somehow be gathered into a private group, we’d be guaranteed to all make it next cycle

>>53944938
Scooped up a hefty bag of bbtt, think it's a no brainier. 600k mc ATM, the zk narrative alone should push it into multi million dollar mc range once it gets listed on coingecko and cmc.

>>53944405
ctx

>>53944405
body armor and lots of ammo

>>53949664
DOGE, ORE and BNB are good combo to go with

>>53948541
unironically this

>>53950892
Which one, Mr Shill? Which network?
What is it supposed to do other than having a zk?

>>53954116
I keep saying, any project without ZKP is likely a scam

I only stack pondering orb.

>>53947157
That's cool but a DiD management project would have done more than that.

>>53949932
XRP
EGLD
KCS
BOBO
MANA
SOL, with these I'm good to go

>>53944405
ORE.

>>53944938
Don't miss out on DiD projects while you are at it.

>>53949167
Sure DiD is the chip, polygon just launched it's own ID management solution.

>>53944405
/biz/ is actually terrible for financial advice
95% of the posts are either shilling or fudding, and with zero repercussions as well. Even fucking Reddit has more insightful discussions about crypto because obvious FUD posts (without merit) get banned.

>>53944405
Physical silver is selling g for 35 bucks an oz and it's suppose to be 22 bucks. I'm stacking silver

AI or Prifi projects

>>53956694
Hope you ain't gonna miss out on self custody focused DID project.

>>53956106
You're smoking fatass doinks, reddit has dedicated subs for specific coins that arent total trashfires but their general shitcoin discussion subs are absolutely overran with dogshit. /biz/ is the only half-decent place to find half-decent moonshots more than 0% of the time
t. tried scraping the entire god damn internet to train an NLP model that could detect cryptocurrency-like nouns so I could avoid spending hours a day to find new shitcoins, quickly realized /biz/ is the only data source worth lifting a finger over (still a fucking pain in the god damn ass to clean though)

>>53944451
If you can't make it, you can't break it.