Pinned
A compilation of thoughts ⬇️
Daniel Cheung
2,205 posts
Daniel Cheung
@HighCoinviction
New York, NY
Joined June 2020
- Solana being down for 48 hours multiple times now makes me question the viability of a monolithic structure. It's clear the winning blockchain of the future will likely be one with a modular architecture. Bullish $ETH 2.0 🚀 & Cosmos Ecosystem.
- I believe that there is a massive short opportunity for $ETH at ~$1200 over the next 2 months. We still have not seen real capitulation yet and July / August are lining up to be potentially the worst months. Here is how I am thinking about things 🧵
- During senior year of college, I clocked in >200 hours counting cards in Blackjack at the local casinos and paid off a good portion of my student loans through this hobby. A 🧵teaching you how to count cards and why it ultimately makes you a better public markets investor. 1/
- Spending your time reading about Web 3.0 and learning solidity is probably the highest ROI thing you could be doing right now. College is useless, just buy $ETH. Not parental advice.
- $100 $LUNA soon. I fucking love @stablekwon, he needs to be in the top 100 most desirable men in the world for 2021.
- People are capitulating on $SOL right now. This is undoubtedly still the leading chain this cycle and think Solana ETF comes much sooner than people expect. Buy when others are fearful, amazing R/R here for those willing to play few months out.
- Market participant psychology has drastically shifted in crypto this cycle. In prior cycles, participants largely engaged in a HODL and buy the dip mentality. This cycle, participants are mostly in a short term / trading mentality and constantly looking to take profits, despite
- Arweave is well positioned to achieve a $150bn+ valuation over the next 5 years, implying a 60x from current valuations of $2.5bn. Decentralized storage is the biggest but most overlooked theme right now making $AR possibly one of the best investments. Let me explain🧵
- I believe that crypto is potentially headed for a biblical bull market in the coming months that could surpass 2021 - some thoughts on the current market setup under a Trump Administration: 1) Trump presidency is a 4 year call option on crypto markets (i.e. Gensler fired, US
- Excited to announce that I have officially resigned from Tradfi and will be joining the Web 3 revolution. Thought I would make a thread introducing myself and my journey. My DMs are open now so feel free to message me - would be great to make some new friends🧵.