Oopsie! 22 days without a trading journal! Many things happened in that timelapse and it's time to update for the posterity.
Well, most of them could be summarized as follows, as price of $BASED keep falling, I kept loading more & more with the available ETH of the portfolio. I even returned all the usdt/usdc debts on Aave to use the principal to keep buying the dip.
A few days ago a whale did a banger move (pulled out a big chunk of liq and crashed the price -75% in 1-2 hours). Damn, the rush of dopamine. As I realized that I wasn't being rugpulled, kept buying.
This is what the chart looks like:
Two major dips crashed $BASED down to 62K$ mcap while I'm writing this. Decided to gamble and kept buying, seems that I own more than 1% of the supply now.
x10 is 600K$ mcap
x100 is 6M$ mcap
I'm overall 50% down, such is the life of touching illiquid shitcoins. if another round of frenzy comes to Base Chain and this manages to grab a little % this could be a serious multiplier. Let's cross finger for the dev to keep deving.
if you dare to replicate some of my moves, pls do so at your own risk and responsibility. No need to say how fucked up could be this market.
PD: $PWR farming is still on track to be launched on Monday. Doing a few tests, don't panic if you see a small amount of PWR landing on your wallet.
Have a great weekend!