Fully agree with CGR here 🤝
▫️https://x.com/GCRClassic/status/1779266762493563303

This is truly a capitulation event in the middle of the bull market (don't let anyone convince you otherwise).

You only get them 2-3 times per cycle.

Don't midcurve it - buy spot, clench your butt and hodl. Your actions today will pay out in near future.

BUY!
$DOGE
Added some more longs to DOGE, current entry is $0.1412 average.

Would be a shame if we won't send OG of crypto memes hard this cycle.
$GLM

Great entry here at the retest of last year high.

-Current mcap of $GLM is $370M
-Current $GLM treasury worth $500M+
-AI + DePin narrative

Seems like a good bet!

https://www.tradingview.com/x/qBCDmY7q/
$BTC

They trying to shake you out before the fabled golden bull run!

Don't let them steal your coins.

Hodl!

https://www.tradingview.com/x/xBSafGkh/
Edward Morra
$ETH Added even more $ETH to my fat bag here. ETH hate rally to commence soon imo. https://www.tradingview.com/x/mgCFnGhq/
👨‍💻$ETH (re)staking + Linea + Zerolend airdrop play.

Was thinking where do I park all $ETH I have accumulated so far and came up with this simple and obvious play.

▫️Idea is to stake ETH on Linea chain onto Renzo protocol (ezETH) and then retake that into Zerolend protocol to get even more points (Zerolend points + Renzo points + EigenLayer + Linea points for the airdrops).

Let’s break it down: 👇

▪️ Withdraw your ETH from exchange to your wallet (Metamask, Rabby etc)
-If you using Bybit you can directly withdraw via Linea chain
-If you using Binance you can withdraw via Arbitrum or Optimism and use Rhino
https://twitter.com/rhinofi (or any other bridge) to bridge to Linea.
▪️ Restake your ETH (Linea) to ezETH on Renzo protocol (https://twitter.com/RenzoProtocol)
▪️ Stake ezETH on Zerolend to get:
2x $ZERO airdrop points | 2-6x ezPoints | 1-3x EigenLayer points | 1x Linea points
Use my link to get 20% additional bonus to your points:
👉https://airdrop.zerolend.xyz/#/?invite=fP8AjTrlUP6j

▫️With this strategy you will earn Linea “Surge” campaign points. Later it will be redeemed for the airdrop. More details about this campaign can be found here: click.
If you stake before 17 of April you get “Early badge” (bonus for points) so consider doing it as soon as possible. Still some time left.


▫️Who should participate in this campaign?
If you (like me) hold some ETH and don’t know where to put to get some extra yield - this is a great solution. If you plan on holding ETH - why not (re)stake it to get some airdrops? Seems like a no-brainer move to me.

Always double check what you are doing (transfers, bridge, chain etc). If you are not sure - do a test transaction first. DYOR!
$BTC

We have wiped OI of this whole 2 month range. Altcoins OI took even nastier hit.

Excessive leverage was completely cleared out of the system. The path of least resistance is up.
Edward Morra
Remember I called $AXL here^? Up +200% (yesterday +340% on news of Binance listing) Thanks for playing! Hope some of you followed! 🤝 https://www.tradingview.com/x/UW5vDqm3/
$AXL

Remember we bought AXL as lagging Coinlist play in last December?
It was listed on Binance after that and since then was down only, so a good place to pick it up if you haven’t before. TA + FA align.

https://www.tradingview.com/x/QB0yAWPh/
$DAO

Last cycle we printed a lot of money off of Dao Maker IDOs, it was a great tool for someone with a small portfolio to start investing and get access to good deals. If you believe IDOs are something you want to participate in again - chart looks decent TA wise to enter. You can stake your tokens to participate in raised on https://twitter.com/daomaker

https://www.tradingview.com/x/84EO00qU/
Edward Morra
👨‍💻As promised here are some simple strategies and things to consider when using these protocols. Zeta Markets + Tensor: your goal is to accumulate z-score. It is stated that z-score directly affects your airdrop amount (for more info check Zeta docs link).…
👨‍💻Solana airdrop list update

It’s time to update this airdrop list I posted in December of last year. Almost all projects either already launched a token or confirmed it.
▫️Kamino: token confirmed ☑️(Allocation: link)
▫️Tensor airdrop completed (Claim: link)
▫️Parcl airdrop completed (Claim: link)

The rest of the projects: Marginfi, Drift, Zeta markets already confirmed their token launch as well (coming later this month).

I’ve just claimed my Parcl airdrop (currently trading at around $0.6). Thanks for free money!
Congratulations to everyone who followed me and made some 💸! 🤝
Edward Morra
👨‍💻$ETH (re)staking + Linea + Zerolend airdrop play. Was thinking where do I park all $ETH I have accumulated so far and came up with this simple and obvious play. ▫️Idea is to stake ETH on Linea chain onto Renzo protocol (ezETH) and then retake that into…
👨‍💻Friendly reminder today is the last day to qualify for “early badge” for Linea Surge campaign (it starts tomorrow 17th of April).
▫️Check out this post about (re)staking ETH for airdrops and yield 👉 (click)

▫️In short, idea is to stake ETH (on Linea chain) on Renzo -> restake it on Zerolend.
Use my link to get a bonus 20% points: https://airdrop.zerolend.xyz/#/?invite=fP8AjTrlUP6j
Edward Morra
👨‍💻Friendly reminder today is the last day to qualify for “early badge” for Linea Surge campaign (it starts tomorrow 17th of April). ▫️Check out this post about (re)staking ETH for airdrops and yield 👉 (click) ▫️In short, idea is to stake ETH (on Linea chain)…
👨‍💻Couple of updates:
First of all, they have postponed the start of the “The Surge” campaign for now. Officially it starts 22 or 23 of April, so there is still time to get “early badge” multiplier (x1.5 points). And second of all, everyone has to register on Surge campaign in order to collect LXP-L points - later we redeem these for tokens (airdrop).

▫️To register you need an invite code: VUiKbLDB9s
▫️Or use the link: 👉 https://referrals.linea.build/?refCode=VUiKbLDB9s

To sum it up: go and register on Surge (use the invite code above^), stake at least 0.1 ETH (for example on Renzo) + you can use other protocols such as Zerolend on top of that. Farm the points - get airdrop later!
👨‍💻Happy to announce I finally sold my FTX claim.

After some consideration, I've decided I no longer want to keep up with all the tiresome drama and countless updates regarding bankruptcy process. Huge weight off my shoulders.

Why did I do this and should you consider selling it?
+ a bonus gift for you at the end👇

The current rates for claims are pretty high (80-90%+ depending on the size of your claim and few other factors). I simply think the opportunity cost is not worth waiting any longer. We're in the middle of the bull market and I'd rather deploy this capital than watch it slowly being eroded by inflation and missed opportunities. Risk to reward is pretty great here. Considering I almost wrote off this loss a while ago - essentially I'm getting a $1 for $0.10-20 now. Much needed liquidity and less stress to worry about.

Now, if you ask me whether you should sell your claim or not - this is something you should carefully think about yourself. Keep in mind that eventually you will be refunded 100% (or close) in $ terms (petition day prices - 11 Nov 2022).
Situation is definitely different for everyone. The decision to sell my claim was a no brainer for me since most of my account consisted of stables ($) at the time of bankruptcy. For me $1 = $1, so I would've only received around 10% extra.
It is believed that the first payments go out later this year (Nov?) and probably be partial. The rest of the payout will take several months more.

I've received a really decent quote by https://twitter.com/ftxcreditor_com and after careful comparison with other brokers decided to sell to them. They offer the best selling experience. Whole process takes 24-48h from the time you upload your application. They pay you live on the call (USDC directly to you). Process itself is pretty easy and intuitive.

Huge thanks to https://twitter.com/LouisOrigny for professionalism and https://twitter.com/sunil_trades for tips! Give them both a follow to stay up to date with FTX.

Extra 0.5% kickback to your claim
🎁As a bonus to my followers, you can get an extra 0.5% to your claim. I will split my 1% reward with you. Use this ref link and DM me after you sell your claim to receive your bonus:
👉https://ftxcreditor.com/sell_claim?afmc=0007G8G3
Edward Morra
👨‍💻Happy to announce I finally sold my FTX claim. After some consideration, I've decided I no longer want to keep up with all the tiresome drama and countless updates regarding bankruptcy process. Huge weight off my shoulders. Why did I do this and should…
👨‍💻Received some DMs from you guys, most of them are similar so let’s go through most common ones together 👇

1) What affects % that you can sell your FTX account for?
First of all, the most important factor is the size of your account. The bigger your account - the higher % you can sell it for. Roughly speaking, accounts $300k-400k go for 85%, for bigger accounts close to $1M or higher you can get 90% or more. I don’t know much about smaller accounts ($100k or less) but I’d assume it’s below 80%. There are also other minor factors affecting %: whether you successfully withdrew any money from FTX prior to bankruptcy, status of your assets etc.
Administrative and legal expenses of buying $10k, $100k or $1M accounts are the same, so that’s why smaller ones cost less.

2) How fast whole process of selling your FTX claim usually is? Around 24-48h but let me break it down to you step by step:

▪️First, fill out the application form using my link (gives you additional +0.5%, I will share my reward with you):
https://ftxcreditor.com/sell_claim?afmc=0007G8G3
Filling it out shouldn’t be difficult, you already have all the information in your emails from FTX or your account. Last questions in the form are optional (but will speed up the process).

▪️After filling it out, they should get back to you via email with the exact $ amount they ready to buy your account for. If you agree with it - you will have to book a call with them (using Calendly). The call itself will be in Zoom over video (+share screen). Conversation will be in English but you free to invite a translator with you if you need it (or they can provide with a translator - just ask them over the email in advance). Also, before the call you will have to complete a KYC (passport, selfie, proof of residence), pretty standard to what you usually can find on other crypto platforms.

▪️During the call they will first ask you few simple questions and ask to forward them few emails. This will be performed over share screen option in Zoom. At the end of the call they will ask to change password and sign the agreement of transfer document (in docusign). At the same time they will send you USDC to the address you want (can be exchange or metamask or whatever). Call should be done in 30-45 min, I’ve managed to finish in 20.

3) ▫️What happens if I decide to do nothing? If you are not happy with the $ they offer - no need to do anything, just don’t reply to their email.
▫️What happens if I decide not to sell my FTX account? Eventually you will be refunded by the official FTX liquidators. It is estimated that first payouts start in November of this year. Most likely you will get 50%+ as a first payment, with the rest being paid out later (3-12 months or more). You will be refunded 100% (or more but it can and will change many times as it usually the case, follow bankruptcy process closely for updates) in dollar terms at petition prices (11 Nov 2022 prices). If you had crypto - it will be based on prices we had 11 of November. If you had stables (USDT, USDC), then $1=$1.

4) I have small account (around or less than $10k), is it even worth trying to sell it?
If you have smaller account (less than 10k) you may be categorized as a Convenience Class claim. Effectively, you're likely to get a final one-off payment in 2024 and your claim will be considered settled, i.e., no further distributions.

Also, would like to add something from my side: if you decide to sell your claim - you should have a clear plan on how you going to use/deploy that money. I have decided for myself that during these 6-7 months (until first payouts in November) I would find a much better use for my money being actively in the market. For instance, buying a basket of BTC and a handful of good alts (ETH, SOL, AVAX, NEAR and others) on spot now can be an actionable idea. Partial could be lent out or staked as a diversification. It all depends on your trading/investing style and appetite for risk.

Think these were the most common questions! Best of luck everyone!
Edward Morra
👨‍💻$ETH (re)staking + Linea + Zerolend airdrop play. Was thinking where do I park all $ETH I have accumulated so far and came up with this simple and obvious play. ▫️Idea is to stake ETH on Linea chain onto Renzo protocol (ezETH) and then retake that into…
👨‍💻 Important news and updates for this multi-airdrop play

▪️Zerolend ($ZERO) token confirmed - TGE 6th of May (17% of total supply as an airdrop for us).
More info: https://twitter.com/zerolendxyz/status/1784857103435276525

▪️Renzo protocol ($REZ) airdrop claim and listing tomorrow - 30th of April 12:00 UTC (Binance, Kucoin etc). There will be a season 2 of (re)staking so makes sense to keep your deposit.
Claim here: https://claim.renzoprotocol.com/

▪️Linea Surge campaign officially starts tomorrow - 30th of April. Get your “early badge” boost by registering with the invite link below. Everyone has to register with an invite link in order to start earning LXP-L points.
👉https://referrals.linea.build/?refCode=UNaGEnBGPI
$BTC

This reclaim is important.

We don't want to see it closing back below $58k again.

This correction has really taken too long already. Send it!


I was slowly buying some coins on spot (with money I got from selling my FTX claim) last several days (BTC, ETH, SOL, AVAX, NEAR, DOGE and other alts), some of the entries are still underwater, so hopefully we see a proper recovery across the board. Will update the charts later.

https://www.tradingview.com/x/zVvKwOxb/
2024/05/15 04:47:40
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