$LUNA $MIR

Notes to Myself

I did two mistakes.

I wanted to buy $AAVE and $SNX

Pros : 1) Defi bluechips
2) project valuation could be done by DCF method
3) Coinbase listing imminent

Cons : High Valuation

(1/5)
At the time I wanted to buy

Token - price - mcap - fdv (approx numbers)

$AAVE - $50 - 620mil - 800mil
$SNX - $4.5 - 650mil - 980mil

I skipped.

Reason: High Price and valuation

$LUNA $MIR

(2/5)
I did the mistake once again.

Both $AAVE and $SNX were listed in @coinbase. I missed the announcement by few hours.

I wanted to buy. But the prices had already moved so much few hours before announcement and continued to move up after announcement.

$LUNA $MIR

(3/5)
I wanted to buy at this time. But

Token - price - mcap - fdv (approx numbers)

$AAVE - $90 - 1.1bil - 1.44bil
$SNX - $6 - 870mil - 1.3bil

I skipped. Again.

Reason: Insane valuation

$LUNA $MIR

(4/5)
Right now.

Token - price - mcap - fdv

$AAVE - $440 - 5.4bil - 7bil
$SNX - $23 - 3.3mil - 5bil

No of my friends outside CT know the above yet.

I DON'T WANT TO REPEAT MY MISTAKE
$LUNA @terra_money $MIR @mirror_protocol

Even many in CT don't know the above yet

(5/5)
You can follow @karthik_mukil.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled:

By continuing to use the site, you are consenting to the use of cookies as explained in our Cookie Policy to improve your experience.