- Never Die: A Crypto Newsletter
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- Beginner's Guide to Crypto Investing
Beginner's Guide to Crypto Investing
GM. This is the Never Die Newsletter, where I share whatever crypto news and content I feel like, every week, short and sweet, right to your beautiful little inbox.
This week we have:
A new podcast on how to get started with crypto investing🎙️
A new degen play🚨
A Guide to Crypto Investing
In this week’s episode Harley and I breakdown how to start investing in crypto. We cover the basics, share our personal lessons and more.
A QUICK NOTE 📝
I’ve mentioned that from time to time I'd share smaller projects here i’m getting into that are too small to share on my main channel.
This week I have a new project I’ve personally jumped in that’s super tiny ($400,000 market cap) and max risk level.
When I say max risk level, I typically call it “Risk Level Rambo.”
That’s because the expectation with a project like this is that it will go to $0 and you will lose every cent you invest. Typically I’m investing .01% or lower of my portfolio and expecting it to likely fail and go to 0.
🚨That is what happens about 90% of the time.
However occasionally one of these plays actually works and ends up surviving. Those plays would be the “Rambo” project. Surviving with the odds stacked against them. In those rare cases these things can end up making insane amounts of money.
The token i’m talking about is called GOON.
It’s a memecoin on Polygon and here’s my basic thesis:
-Polygon for whatever reason is one of the only big chains without a strong memecoin mascot.
-Sandeep the founder of Polygon recently decided to start calling the Polygon community the PolyGOONs or GOONS for short.
-This token was fair launched on Wen Market, a new competitor to Pump Fun on Polygon. It was the first and so far only token ever to “graduate” or gain enough buyers to deploy on the open markets.
-I think that if the token gains enough traction the Polygon community will rally behind it and Polygon as an organization could support it as well. Avalanche was so desperate for some memecoin culture they spent over $200 million supporting memecoins. I can’t imagine Polygon passing up the opportunity to finally have a winner on their chain. Would bring a lot of users and speculators trying to find the “next” Polygon memecoin.
That’s the long shot bet i’m making, again insane risk and probably will fail.
Here’s the link to buy if you’re interested:
DefiLlama Goon Link
Remember it’s on Polygon so you’ll have to have some funds there and if you do decide to buy please position size correctly. There’s a guy in the OC who turned $50 into $50,000 with a memecoin, you don’t need a lot.
AIRDROPS 🪂
Coming up:
School Hack
Meth Holders
Io.net eligibility checker
deBridge introduction to DBR
To Claim:
IntentX (Perp Dex)
Eigen (Restaking ETH users)
Mande Network (DYM Stakers)
Aperture (Automated Liquidity tools)
Kamino (Solana users)
Renzo (Liquid restaking)
FriendTech (SocialFi Platform On Base)
Mode (Mode users)
Drift (Protocol users)
To Farm:
Persona: No money required for gaming token UNA from ex Ubisoft devs
Jumper: Bridge aggregator
Plena: VC backed app
Zeta: Solana
Reya: Agglayer Liquidity Network
BonsaiDao: New token holders earn points
JUP Staking: Stake Jup
Infinex: Cross-Chain Custodial Wallet
SOME TWEETS 🦅
NEW: #Bitcoin ⛏️ miner holdings have plunged 50%, reaching their lowest level in over 14 years.
— Bitcoin News (@BitcoinNewsCom)
2:30 PM • Jun 5, 2024
The wait is over. Smart wallets are here.
— Coinbase Wallet 🛡️ (@CoinbaseWallet)
2:36 PM • Jun 5, 2024
JUST IN: 🇹🇭 Thailand approves their first spot #Bitcoin ETF.
— Watcher.Guru (@WatcherGuru)
10:05 AM • Jun 4, 2024
ICYMI: 🇺🇸 Spot #Bitcoin ETFs experience its second-highest net inflow day with $886.6 million
— BlockNews.com (@blocknewsdotcom)
7:54 PM • Jun 5, 2024
🚀 Open Beta Mainnet Launch Date Confirmed! 🚀
Rangers, the moment we've all been eagerly anticipating, has finally arrived: we now have a confirmed launch date. Illuvium officially launches on July 25, 2024! 🎉
Why July? While we could launch sooner, we're trying to squeeze in… x.com/i/web/status/1…
— Illuvium (@illuviumio)
1:06 PM • Jun 4, 2024
We’re accelerating Robinhood Crypto’s worldwide expansion. Robinhood has officially entered into an agreement to acquire @Bitstamp, a global cryptocurrency exchange with customers across the EU, UK, US and Asia.
More details: rbnhd.co/Bitstamp
— Robinhood (@RobinhoodApp)
11:04 AM • Jun 6, 2024
MEME OF THE WEEK 👀
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