/biz/ - Business & Finance

It would've been overvalued if the total supply was diluted. You can play the VC scam low supply trade game and you might win, but it's not attractive to me personally.

>>57220627
Yeah the fact that they are not releasing tokens until Nov makes it less of a risk. I just can't stomach buying something that just did a 7x recently.

>>57220751
Pussy

t,f, I have over 150k$ in sweth Eigen and over 100k% in TIA staked for airdrops over 10 wallets

>>57220799
Insanely based, yeah i was thinking of splitting my USDC into the two, but i only have $50k USDC and have always chosen "go big with one thing" route. i could sell some LINK to increase the potential positions in ETH and TIA. i don't want to trigger a short term tax event though (it may make sense if the gains here are high enough).

Are these the only two things you are farming?

>>57220581
Wouldn't buy it, top looks already in, now it's underperforming hard. Many coins made new highs on the btc bounce but tia is still down like 25%, looks like everyone already moved onto the next new shiny toy for the week

>>57220581
I hold TIA. It's a tough question as:
1) It just pumped, BUT
2) it is brand new, BUT
3) already has a massive VC market cap, BUT
4) best performers of 2023 are probably best performers of 2024

>>57220864
>Are these the only two things you are farming?
No but for sure are my biggest positions, beside smartcontract/execution risks cant really see downside.
Eigen-will prob be biggest airdrop ever
ETH used to farm it is on bottom of ETH/BTC ratio and poised for run in '24 with 4844 and next ETF hype, and used swell for more swell LST airdrops, would suggest using eth.fi now deposits are closed because they are depositing vals in uncapped pool
TIA is overvalued AF but locked next 10m and everyone and they mom scrapping for more TIA for airdrops (already got 2 big ones and its 8 days into '24) so it can literally go up only FDV is gravity in bear but meme in bull if there is not enough tokens for everyone, don't see why it cant get to 50 or 100 before unlocks.

One more note on Eigen and Tia...they are new primitives, shit like this gets insane market caps in bull, ppl have no idea how to value this shit, you can't put price or marketcap on hopes and dreams

Goodspeed anon

>>57221061
Good take anon, yeah I was thinking of getting in on Swell too and seeing if I can double dip that stake in Eigenlayer, will be doing a trial run with a few ETH to get a hang of everything. I think you are saying that I can't stake anymore on Eigenlayer and now have to go through ether.fi, which I recently realized too. Do you know if there is any downside as far as rewards go from going through ether.fi?

>>57220878
Exactly it's a fucking mirror of confusion that token kek

>>57220869
I duno I feel like this one is primed to stick around hype wise. Anything you are eyeing at the next big thing? Frankly I'd be pretty happy with a 2-3x in the coming months with TIA. It's got have atleast that until November when the unlock happens.

>>57220864
>>57221061
Oh and also sold some link down to 5k stack had 20k since ico....) to do this....

It's no brainer just go 50/50 and you get 2 most hyped tokens of 24 + all airdrops (and airdrops are new distribution method, new icos...)

Since Eigen is closed pretty sure your best option is eth.fi, i did due diligence they are superlegit since they "hack" deposits by depositing validators directly in uncapped pool (I'm sure you did your DYOR since you are fomoing). im literally fomoing and will progb ape more ETH in eth.fi

And use my link (or don't use frends if you have one, but make sure to use it, think its 1k of bonus points per 1ETH deposited points bonus per eth pro rata for you and me), if you use mine, leave yours here and ill use it when I ape few more ETH it's win-win.

https://app.ether.fi/eeth?address=0x81E78aA0cf39d15B31e1c77aC5dd2821F7C9AED8

>>57221140
>Good take anon, yeah I was thinking of getting in on Swell too and seeing if I can double dip that stake in Eigenlayer,
You ant double dip anymore in swell because swell was caped depsit as steth, reth,cbeth....
You can with eth.fi because they deposit naked validators in lido (uncaped pool) and you get token+also now after reaserch think its better project than swell so will ape some more here for double dipping on this side

>>57221177
>>57221244
checked, consecutive dubs

appreciate all the intel anon. yeah, i think you're right, i'm going to split into ETH and TIA. good luck to you anon, i'm sure i'll catch you again.

if you think this is the top what the hell are you even doing in crypto

>>57221061
Thanks anon for the breakdown. Greatly appreciated.