CRYPTOS TO LEG HIGHER THIS WEEKEND

It’s a declarative statement, said as if it were a fact. It is my opinion and can do and say as I like, providing that I tell you that I am NOT a financial advisor and do not believe heeding my advice will cause you to enjoy your lives in riches and grandeur. Quite the opposite, as a matter of fact. Follow me into the wrong FOX HOLE and catch a cannonball to the chest — entire account washed away, or at least half of it.

I’ve been amused with the NFT craze and the things people are willing to do with their money. $500k for a virtual home, $7.5 for an poorly drawn work of digital art, $35k for LAND inside Decentraland. I’ve come to the conclusion that we all have far too much money and Jim Biden ought to do something about it. But before he does, we shall have a grandiose top off — with SHITCOINS leading the way. As you know I’ve been obsessed with the Meta-Universe of Decentraland (ticker MANA) and have recently discovered a small footnote in the share structure.

BURN

THE BULL CASE FOR $MANA pic.twitter.com/5ok8GeAeIf

— The_Real_Fly (@The_Real_Fly) March 19, 2021

Every time an item or land is purchased inside Decentraland MANA (its currency) gets burned or destroyed. In other words, this is on par with share buybacks for a stock. As the popularity of the game increases and degenerates buy and sell stuff, the less shares outstanding. Pros know where this leads to and in my opinion, providing we’re still in an era of wanton depravity, substantially higher coin prices.

Moving on, I was all but out of my spec yesterday, but kept ONE stock and it happened to soar 50% today, ZKIN. See pal, that’s the type of person that I am — completely and entirely blessed by the Gods. I am up 170bps for the session and I have done nothing but show up. I am about to begin trading a bit now.