BelieveApp / Launchcoin positions so far

$LAUNCHCOIN

$THERANOS
$GOONC (gooncoin)
$FITCOIN

And I tried some new degen plays this week / mainly today, and I realized that the coins really do not last very long at ALL... compared to believe coins that set a foundation already. They've reached the 7 ~8 fig mcap thresholds.

The other ones are like pnd heavy (or just maybe today was very bad and telling)

Like you could've just held $THERANOS and let it slow cook, or even him's startup play tbh whether you like him or not.

There ARE plays out there to accumulate and let cook out there, however you truly just have to select specific kinds of trades or else you will get toasted.

I would like to see Pasternak solve the issue with Believe launches getting sniped with people having 5-40% and absolutely terrorizing. I mean I get it, game is game but it's sickening 😂

$GAS looking good

I know I've been shitposting a lot and soft shilling some coins I was bullish on, but wanted to share some overall trench thoughts to also help me recap my experience of the past few days.

Regarding memes: Memes in general honestly feeling so cooked, 99% of the stuff that is running is just a bundled KOL shillfest. We finally get a new game to play but all the sidelined folks are too busy gravedancing and shilling their bundled garbage to appreciate the fresh change in pace. Really makes you wonder why they're crying in the first place? There's so few memes with genuine communities and solid narratives that are worth holding. If you need 5000 threadoors to explain the same thesis, is the thesis really that good in the first place? Bonkfun and to a lesser extent boopfun were a rude awakening for PF, who only started "caring" about the trenches after they took a major hit to their revenue. All these things magically in the works only after bonk and boop started vamping their users. Not to say that these changes aren't good for the overall eco, just that the competition was much needed as there was definitely a monopoly.

Regarding launchcoin eco: For the first time in months, we have something fresh, and actual non-web3 natives trying to enter the space, which is what everyone has been begging for, but now that these people finally show up, nah, were permatopped!! haha losers!!! Again, want to clarify that's not to say you can't make money on memes and such, just feels -EV still overall. I could be wrong, maybe a new meme comes out that's just super great, which I will obviously bid, but until then just going to try to get better at sitting on hands.

I don't think the initial launch has gone amazing, or else the PA obviously would have reflected different, and definitely got caught up in some of the euphoria as well and donated a bunch back getting caught in my own echo chamber, that's just something to keep working on. Think this thing has so much higher to go, but will definitely not happen over night. Actually would be terrible if it happened overnight. I genuinely believe that there are some very good builders who are waiting to get onboarded into the eco, and that Launchcoin really does need a product launched on the platform to blow up to become extremely successful. Don't necessarily think any of the current projects are that, but do think there are some solid existing projects that have already been launched.

The thing people don't realize, and I think this was highlighted in the Full Port podcast earlier w/ Ansem + Dupe dev, is that building takes time! People literally want a fully finished product to launch and go instantly to 100M, which makes 0 sense because the ethos of the fucking app is to encourage people to build on it, and that you use the revenue from fees to support continued building. Why would you keep building a fully polished finished product? ATP it would just be using believe to advertise. I do think a fair criticism thus far has been a lot of sleazy/shitty web2 devs have seen the initial volume from more successful launches on days 1 & 2 and came for a quick payday, which they have then had the rude awakening that you don't just get all your fees instantly. Personally, I think this is actually good design that literally encourages the devs who genuinely want the revenue as a funding source to CONTINUE building, although I do think the Launchcoin team should make that part a little more clear, as there has been some FUD on CT regarding precisely this. Even launchcoin is a work in progress, so don't expect them to have everything perfect on day 1, and as long as they are receptive to feedback and implementing the right feedback (which they have shown they are), i have relatively high hopes longer time frame.

Just stumbled across this ain’t gon lie, it’s all bout the trenches sum it up

VERY long read, but basically sums up everything the last 1-3 weeks that I agree with with my experience in the “trenches”

Not really rushing into any trades for rn, mostly observing rn to see how ppl are reacting to the noises on CT

At the end of the day, I think too many are trying to replicate on what is the “proper” way to trade this arc, when in reality it is quite impossible bc NOBODY has the same goals nor risk management in your own portfolio.

Find your own style, what you’re good at, and figure out what you’re lacking. Otherwise you’re as good as your next trade without a plan (gambler).

“Do you want to be right or do you want to make money” is a strong quote that many overlook a lot In this industry of shitcoins.

You can be a scalper that takes 100 trades making 1 SOL daily — great, it works for you.

You can be a diamond hand moon or dust — great, if it works for you cool. But the realistic side is you need to have enough ammo BTS to keep going full risk on in doing that. If not, why are you doing that and not adjusting to something less risky?

There’re so many flaws in traders that they recognize, however greed always comes down to the main factor holding you from being successful/grow.

Few will make it out, be that difference.

$Fitcoin. https://fxtwitter.com/blknoiz06/status/1923947956442423535

Topped up my Fitcoin bags, felt right.

Launchcoin - Obviously bet on the platform / meta as the ALPHA

Theranos — replicating Elizabeth Holmes in conning everyone taking the meme scene on Believeapp, and convincing them what a real company can do to get it successful. Given it is a startup/web2 launchpad, this is the meme version of the whole scene perfectly. Legit comedy, look up the Theranos lore if you don't understand, I have no time to explain further.

Gooncoin — i really thought the credentials was good to be in 'safe' hands via legitimacy bc anyone could've made gooncoin right. But that's why it felt right also to be on Believeapp bc the 'seriousness' of the launchpad of these coins was countered with #2 ranked on Believe eco as gooncoin lol. However dev stopped mentioning the coin and goon stuff and no twitter community till the lows, and he's putting in effort again so maybe the gooners will be strong and have a chance again.

Fitcoin — I've shilled this first off bc I joined their Twitter spaces and it felt as professional and well made of a product pitch as Dupe when I first heard it. The execution of them being able to use this product makes everyone including non-crypto natives to do this, and get paid. It's a great concept, product ready -to-go and build up, and now bridging to web3 with great eyes and $ for investments.

These are my theses regarding what I think could go ATM. Will prob try out the new Believe stuff as more people start to believe in Pasternak and Launchcoin again (which I do think will be the case), but I think these are my core HODLs rn to believe in something. I will definitely be selling them whenever my targets/thesis changes when it happens, but ye just sharing conviction in case many were looking for confluence.

Happy trading.

Goon dev has monies from the fees now, wot does he do now https://x.com/basedalexandoor/status/1923955930636616040

Pata van Goon is now twapping https://x.com/basedalexandoor/status/1923962642307350963

Bout 65k so far~

$FITCOIN fee structure looks ntb no? Slow cook https://fxtwitter.com/fittedcloset/status/1923965477359059272

$BOOCHIE

Gamble here Hard-working and experienced team, good narrative.. Potentially The Main Character in Matt Furie’s New Book

Dyor

CA: 0xF8EA18Ca502De3FFAA9B8Ed95a21878eE41A2f4A

https://dexscreener.com/ethereum/0x9392a42AbE7E8131E0956De4F8A0413f2a0e52BF

Matt Furie, creator of Pepe the Frog, is working on a new book Cortex Vortex, and Boochie is shaping up to be the star. Not only is Boochie Matt’s current profile pic on X, but his editor Beuys also confirmed on Instagram (https://www.instagram.com/p/DJmFWlisDks/?img_index=1) that Boochie will appear in the book.

Originally introduced in the ZOGZ NFT collection, Boochie now looks set to lead Furie’s next chapter.

Follow the rise:
https://x.com/BoochieOnEth
https://boochie.net
https://t.me/BoochiePortal