Sometimes we eat 🍌sometimes they eat us. 😢

How to make your first 1.000.000$ ? Bellow some Insights into what I observed:

https://raares888.medium.com/how-to-make-the-first-1-mil-insights-c62b3d1170a7 ✅

Keep grinding! 🙏

Good list of FT keys if you wanna invest based on some stats:

https://docs.google.com/spreadsheets/d/1MIJZA93drLWS-1DAPEwwFri3Eny42jdw/edit#gid=1075856585

I m there as well, @RaAr3s 🙏💪

Here is a pretty comprehensive FT List:

Friend.tech (http://friend.tech/) known Tools & dApps:
https://friendmex.com/ (Trading UI)
http://frentech.octav.fi/ (Portfolio Tracker / Trade)
https://www.friendtech.pro/ (Portfolio Analytics)
https://www.friendtech.pro/spvce_ (Dashboard)
https://friendtech.info/ (Dashboard)
https://platform.spotonchain.ai/friendex

This is a copy paste:
"🧙‍♂️ Sage's Musings #5 🧙‍♂️
-------------------------------

Rebalancing, scammers, reputation and death spirals.

Recently across the board key prices have ranged or corrected, the one notable exception are quality (3,3)oors. This general stagnation has prompted many to question their portfolios. Wether they're too large vs the risk, wether it's well diversified to withstand potential drawdowns in certain sectors, etc. Scammers have also contributed to this feeling.

💎 1. Scammer playbook
We'll cover some of the most recent scams targeting (3,3)oors first. The playbook is as follows:
1. Creates a new account and buys up his own keys or if he's more sophisticated buys up his own keys with alt accounts. His key is now at 0.1 ETH
2. Now that the scammer has got a lot of upside exposure to his own key, Scammer loads wallet and goes on a buying frenzy targeting (3,3)oors.
3. In turn (3,3)oors buy back in size to maintain great stats and because they're in general bullish on fellow (3,3)oors and want price exposure. Scammer's key is no at 0.7 ETH
4. Scammer sells-off own holdings from his main and secondary accounts, booking an average profit of 0.4 - 0.05 = ~0.35 ETH per key. (key price/2 - key price at buying)
5. -> Profit
6. Death spiral where keyholders sell-off at a loss as they noticed they got rugged.
7. Rinse and repeat

Avoiding getting scammed by the playbook above is relatively easy by doing some basic due diligence:
- Check the associated twitter account, if it was created recently: 🔴. If it wasn't posting any original content recently: 🔴
- Check what accounts hold what # of keys. If there are several holders >10 keys, 🔴

By performing the few checks above you'll likely avoid the vast majority of these scams.

💎 2. Rebalancing
Many have started questioning their portfolio size and composition. I'm sure some of you reading this are currently thinking about making potential adjustments as well. I have some thoughts on this that might be helpful in deciding how to perform this rebalancing or de-risking.

What we've seen recently is that people rebalance their portfolio in a burst. Meaning they sell a lot of keys in a short time period, some of these keys are from (3,3)oors. Many (3,3)oors in general tend to sell your key as soon as you don't hold any of theirs anymore. So if you sell many (3,3)oors you'll naturally start a death spiral. However even when selling off non-(3,3)oor keys, if you do so in a burst you'll risk ppl thinking you're rugging or thinking others might think you're rugging in turn prompting them to sell. Which again, initiates a potential death spiral.

The above has many negative long-term consequences:
- Selling off (3,3)oors keys in general ensures it's unlikely you'll be unable to find much demand for your key from other (3,3)oors.
- Death spirals destroy your key's price and makes you loose a lot of holders. In addition to making your remaining holders likely very unhappy as you just nuked part of their holdings. If you want to make FT your long-term home and build a name here, you'll want to cherish your (early) keyholders above all. They are the foundation upon which your success is built
- Death spirals destroy your on-chain FT rep. On-chain reputation for FT becomes increasingly more important. It won't take long before sophisticated FT users take past death spirals on keys into consideration wether they'll acquire a key
- Death spirals are extremely negative for FT overall as it'll likely get quite a bit of media attention and it will decrease appetite from new entrants due to the potential of getting rugged.

As such I believe anyone who cares about his (FT) reputation and/or FT in general would love to avoid death spirals.

If you want to build a strong long-term reputation on FT, retain key value as much as possible and bring as many of your current key holders along for the ride. But want to sell-off keys and rebalance the portfolio for whatever reason. My suggestion is to do so slowly over time. As this will minimize risk of death spirals with all the negative consequences outlined above. You might break (3,3)oor bonds and it'll be tough to find demand for your key in that segment in the future, but at the very least you have avoided a death spiral on your key.

💎 3. Reputation
Over the past weeks I've become ever more convinced reputation will start to play an increasingly important role in determining key prices. Up till now things were in general up only.

"Good times create weak men, however harsh times create strong men."

I believe this very much applies to FT keys' reputation as well. Every correction we go through and the (on-chain) actions ppl perform during those times, will give us a better idea of how this person might behave in the future. This in turn will form a users reputation on FT.

This message is getting too long. More on this later.
- Sage out🧙‍♂️ ""

forward from
https://twitter.com/Bitcoin_Sage

We are pleased to announce the presale for $MANE will go live tomorrow at 2PM UTC

https://www.pinksale.finance/launchpad/0xee85E63D22Dfc06f5e146B87C0939D39C0B0B743?chain=ETH

For more information please join our TG group here -

t.me/TheManeLionsDen

https://twitter.com/TheManeToken/status/1704449015587189085?t=Ez5luATiQ_nStIjc0gRULA&s=19

FriendTech recovered nicely, there was a lot of selling this week I was down -25% from ATH but now recovered, I did some cleaning as well in my keys sold like 100 of them and reinvested in 3,3 network, much better as team play. People still pley FT badly trying to be solo, or buying their own keys or using alt accounts when all they need to do is buy the (3,3) keys that buy theirs. Is simple, you are holding a network of keys that keep buy each other and new people joining understand this and buy into the 3,3 network and that way all keys go higher in value. BONUS you get a lot of points as well while being profitable on the keys.

Here some new codes I got, I advanced into top #175 on the leaderboard and into Diamond. 🙏

ft-hxwud5gh
ft-tyu05kaf
ft-oha7qftd
ft-hru8fkpr
ft-acffqvw6
ft-9fp4b3wd

https://www.dextools.io/app/en/ether/pair-explorer/0x01a8227d4e7c3068ad1000c97a059af5c5fa3476

https://docs.flooringlab.com/flooring-protocol/introduction/our-mission

https://twitter.com/flooringproto

https://www.flooring.io/

$FLC

Worth to keep an eye on, heard Frank De God and Lucaz are behind.

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