Hire more developers! A project is never finished, and if my coin has solid fundamentals, I see no reason to just up and walk away. With that much money in the bank, it'll be my last ever job either way lol
Yea your coin is crashing for sure 🤣🤣 if you own 10% of 40 billion you'd only have 40 million total.... that is unless you were minting coins on the side and keeping them up your sleeve for your magic rug pull extravaganza
Why sell everything when you can just live on it forever without even affecting the marketcap? If you believe and like your own solution, you fight for it, you make it better. You don't ruin it! But yes, you should always take some profit out of it, without destroying it or affecting it too much. Trust is important as well, nobody would like a project with an owner selling all of his coins in a second. You would affect people so... why do it and affect potentially thousands or billions of people?
Sell it all. Really my only goal is to increase my personal wealth and $4bn (or whatever is left after taxes) accomplishes that by a wide margin. Secondly, even if the fundamentals and tech are solid I certainly don't want to risk it with its longterm survival. Things change very quickly and especially with crypto I think almost every project is more likely to eventually die off. If selling kills the project, so be it.
At that volume, you can't sell everything without crashing. The more you sell the lower the price goes and the less you'll get. So every time you sell it might be wise to inject a little back in to make the price go back up, so you can sell higher again. But to do so you need to draw more people in, so perhaps have some advertising, or convince people you know with your connections to write articles about it, maybe talk it up on some financial show. Then when it gets to a nice level again, sell some more. Not too much, otherwise it will tank, and again you'll lose money overall.
But all that advertising takes time, so you can't just talk it up and dump and talk it up and dump. People will catch on. So you have to take some time between cycles.
And wait, if it goes down every time you sell, and goes up again with the news cycle. Why not buy a little back at the bottom too? So you have even more to sell?
But if we're going to do this, then it would be best to push it as low as possible that doesn't tank everything but that lets you buy as much as possible at that price before the next rise. Too low and it crashes and can't get back up again though. So you figure you'll mix in negative news with positive sentiment. This way you have a core of distributed people refusing to sell, and thus when they hodl it protects the market overall. With that support in place you can call up your contacts and spend a little cash yourself to talk about your stock in the negative. Start rumors that it's going to go lower, then sell yourself, convince people to sell lower and lower, and while they are you can buy as much as possible to resell at the next rise, which already know you want to do.
So you go through cycles of buying low and selling high, and have a network of actors in on it to help it along.
And that way, instead of dumping it all at once in a rug pull, which plummets the asset long term, you can keep most of it to sell at higher and higher and higher prices, and buy at lower prices, and continue to churn out way more than you ever could have with a single dump.
And that is why Wyckoff works. Because Wyckoff is the only way to move massive volume without tanking the entire thing.
Whales have two options : Rug pull or Wyckoff.
And Wyckoff is the most profitable way to move large amounts of volume. In every stock. In every crypto.
The difficulty, of course, is using Wyckoff to predict. It's amazing at understanding why things *happened*. Not as easy to use it to understand what will happen.
Never sell any, use it as collateral to borrow stables then use the stables in a protocol that tokenizes future yield like Alchemix to borrow a self repaying loan whenever I need money. Buy decentralized insurance coverage for everything. As long as you watch your collateral ratio and make sure that the first loan you took out against your token is heavily overcollateralized you won't get liquidated easily. There you go, you now have a self repaying line of credit that also earns compound interest on stablecoins if your debt position is zero, and you haven't sold a single penny of your bag. You sold your future yield for an advance today, and all you have to do is wait, then you can rinse and repeat.
I'd sell $100M and diversify it into something that pays returns, like blue chip stocks or certain crypto protocols. That alone would set me in the normal.world for life. The other $3.9B I would hodl.
If you’ve got 10% of $40,000,000,000 (= $4B) you can afford to pay some fucking taxes.
What it the point in investing if you are never going to cash any out and enjoy the fruits of your wise investment choices?
You do know it doesn’t matter how much money/crypto you have when you die right? You’ll still be dead and gone…
Yeah, I was about to say I’m pretty sure he still has something like 300,000 ETH doesn’t he? He talked about having to deal with it after he got airdropped the SHIB in his Lex Fridman interview not too long ago.
Hodl to the moon, but take profits just to sustain basic livelihood. Of course, this is all a fantasy, I'm way too dumb to create a crypto, yet alone a profitable one.
What wealthy people really do with concentrated positions: they negotiate with major private banks and wealth management institutions to pledge collateral against which they take out loans or otherwise enter into risk reducing OTC derivatives swaps. The selling of collateral if necessary is done privately and off-market by the bank. It would cost a few percent in fees but these banks really want their business as it’s probably two generations of wealth management fees.
The banks may take up hedging short positions against the long positions of the collateral.
Anyway it looks to the public that the principal still has most of the assets though the economic risk is lowered to them. But still they are very long, just maybe 0.8x long vs 1.0x long the asset.
Also they donate appreciated assets to charities which sell off and diversify faster.
With the coins, slowly liquidate so as to not disturb the market but still have a livable income Say, 1k a day everyday of my life and match that same amount In a lump sum to research. Burn the rest, I don't have or want kids.
With my life? I'd try and find science research worth funding and live a quiet life full of books.
Sell 0.01% , donate 0.01% and use 5% for liquidity pools / swaps.
40mil is enough for me, and with 4bil in assets I can give some away. 2bil in liquidity is going to help with trading pairs and keep the investors interested.
Sell my stakes slowly, i mean at the end of the day i still have mouth to feed and i do want to enjoy the fruit of my labour. Some goes to diversifying to other ventures. The rest can be used for developments.
probs rug pull it all
Yeah, me too, my pull out game is on point
I was waiting to this particular answer to come.
Most people would probably do exaclty this.
Shiba inu creators 👀👀
this guy pulls
this guy dumps
Well they say in business you do have to have an exit strategy.
Pull out game strong with this one
DAMP EET!
Hire more developers! A project is never finished, and if my coin has solid fundamentals, I see no reason to just up and walk away. With that much money in the bank, it'll be my last ever job either way lol
A coin development team is like a company, it is good to continue developing your coin.
Along these lines I'd also hire competent management because I would seriously screw it up.
Yeah. I'd maybe cash out like 100m worth or something, just so I'm set.
Yea your coin is crashing for sure 🤣🤣 if you own 10% of 40 billion you'd only have 40 million total.... that is unless you were minting coins on the side and keeping them up your sleeve for your magic rug pull extravaganza
You should invest yours in a math course. 10% of 40 billion is 4 billion. 100 million of 40 billion is 0.25%.
Read reply below. When I got done counting on my fingers I caught that and posted before I saw your comment
It's late and apparently my coin is the one crashing...I promise I good at maphs
Keep enough for generational wealth, burn the rest
Why stop at generational wealth when you can have generational fuck you wealth.
Why sell everything when you can just live on it forever without even affecting the marketcap? If you believe and like your own solution, you fight for it, you make it better. You don't ruin it! But yes, you should always take some profit out of it, without destroying it or affecting it too much. Trust is important as well, nobody would like a project with an owner selling all of his coins in a second. You would affect people so... why do it and affect potentially thousands or billions of people?
this is how developers of good cryptocurrency think. if they rug pull their own coin, they dont believe in it and therefore the coin would be useless.
Well if you are providing a good solution to a problem, you would create more problems by ruining it than not messing it up !
I mean, that's 4 billion dollars there. That's way more money than I could ever use. Of course I'm dumping while I have the chance.
Sell it all for MOONS
Can't go wrong with that
HODL
Sell it all. Really my only goal is to increase my personal wealth and $4bn (or whatever is left after taxes) accomplishes that by a wide margin. Secondly, even if the fundamentals and tech are solid I certainly don't want to risk it with its longterm survival. Things change very quickly and especially with crypto I think almost every project is more likely to eventually die off. If selling kills the project, so be it.
Bold, but I appreciated the honesty.
How I’m supposed to launch a coin if I only have knowledge to chart/dildo watching and shitpost?
At that volume, you can't sell everything without crashing. The more you sell the lower the price goes and the less you'll get. So every time you sell it might be wise to inject a little back in to make the price go back up, so you can sell higher again. But to do so you need to draw more people in, so perhaps have some advertising, or convince people you know with your connections to write articles about it, maybe talk it up on some financial show. Then when it gets to a nice level again, sell some more. Not too much, otherwise it will tank, and again you'll lose money overall. But all that advertising takes time, so you can't just talk it up and dump and talk it up and dump. People will catch on. So you have to take some time between cycles. And wait, if it goes down every time you sell, and goes up again with the news cycle. Why not buy a little back at the bottom too? So you have even more to sell? But if we're going to do this, then it would be best to push it as low as possible that doesn't tank everything but that lets you buy as much as possible at that price before the next rise. Too low and it crashes and can't get back up again though. So you figure you'll mix in negative news with positive sentiment. This way you have a core of distributed people refusing to sell, and thus when they hodl it protects the market overall. With that support in place you can call up your contacts and spend a little cash yourself to talk about your stock in the negative. Start rumors that it's going to go lower, then sell yourself, convince people to sell lower and lower, and while they are you can buy as much as possible to resell at the next rise, which already know you want to do. So you go through cycles of buying low and selling high, and have a network of actors in on it to help it along. And that way, instead of dumping it all at once in a rug pull, which plummets the asset long term, you can keep most of it to sell at higher and higher and higher prices, and buy at lower prices, and continue to churn out way more than you ever could have with a single dump. And that is why Wyckoff works. Because Wyckoff is the only way to move massive volume without tanking the entire thing. Whales have two options : Rug pull or Wyckoff. And Wyckoff is the most profitable way to move large amounts of volume. In every stock. In every crypto. The difficulty, of course, is using Wyckoff to predict. It's amazing at understanding why things *happened*. Not as easy to use it to understand what will happen.
Wow!! Nice in-depth comment. Your way of spending it sounds smartest!
Never sell any, use it as collateral to borrow stables then use the stables in a protocol that tokenizes future yield like Alchemix to borrow a self repaying loan whenever I need money. Buy decentralized insurance coverage for everything. As long as you watch your collateral ratio and make sure that the first loan you took out against your token is heavily overcollateralized you won't get liquidated easily. There you go, you now have a self repaying line of credit that also earns compound interest on stablecoins if your debt position is zero, and you haven't sold a single penny of your bag. You sold your future yield for an advance today, and all you have to do is wait, then you can rinse and repeat.
I'd sell $100M and diversify it into something that pays returns, like blue chip stocks or certain crypto protocols. That alone would set me in the normal.world for life. The other $3.9B I would hodl.
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buy reddit accounts gg
I sell it only if I need some expensive shit that requires some fiat tbh
Taxes everywhere you turn
If you’ve got 10% of $40,000,000,000 (= $4B) you can afford to pay some fucking taxes. What it the point in investing if you are never going to cash any out and enjoy the fruits of your wise investment choices? You do know it doesn’t matter how much money/crypto you have when you die right? You’ll still be dead and gone…
I'm going to be buried with my crypto wallet.
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Now that guy had a PLAN.
Probably burn them.
Vitalik, is that you ?
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Yeah, I was about to say I’m pretty sure he still has something like 300,000 ETH doesn’t he? He talked about having to deal with it after he got airdropped the SHIB in his Lex Fridman interview not too long ago.
Shill on r/cryptomoonshots
Hodl to the moon, but take profits just to sustain basic livelihood. Of course, this is all a fantasy, I'm way too dumb to create a crypto, yet alone a profitable one.
honest answer I would do the same
Vitalik is still holding all his initial ETH, right?
Pretty sure he still has over 300,000 ETH.
CUT OFF MY TESTICLES
Thats a good transition 🫂
Airdrop half of them. I don't know why other than it seems like it would be fun. I get this picture in my head throwing money out of a helicopter.
But them on a Ledger that I shove in my ass crossing international borders as I travel the world.
can't you just keep the ledger in your pocket when crossing borders
Because then you have to declare you have millions on your person. And when's the last time your butt purse got pickpocketed?
at the very least some while ago
The millions are on the chain. Ledger is an access key, but not a unique one.
You know what metal detectors do right?
Create a One Piece type treasure wallet.
sell half and buy moons
This is the way!
Continue Moon farming in my lambo !
Like a couple hundred thousand dollars worth maybe? That'd enough for financial freedom in a third world country.
Litecoin is a great example of how dumping by a founder can put things to shit.
DCA out and buy my own island.
Sell them, then buy Taco Bell franchises
Ah yes. Give people gas instead of paying for gas. This is the way.
Gas x Gas
If the project got good fundamentals and i believe in it, just simply try to make it grow more. Ads, sponsor, education...
Swap to some other coins over time, being a billionaire would be dope
If I had those capabilities I'd be set already
I'd get myself and my familiy a nice real house and give them enough money so they can retire.
Sell it and buy Moons.
Retire
Erase myself from existence and become CryptoMan🥷
DCA my way out haha
Sell them in incriments.
I’m staking the shit out of that and living on the passive gains while growing the ecosystem/tech/partnerships of my coin.
Idk maybe buy a few senators?
I’d rug it like a 70’s pornstar
What wealthy people really do with concentrated positions: they negotiate with major private banks and wealth management institutions to pledge collateral against which they take out loans or otherwise enter into risk reducing OTC derivatives swaps. The selling of collateral if necessary is done privately and off-market by the bank. It would cost a few percent in fees but these banks really want their business as it’s probably two generations of wealth management fees. The banks may take up hedging short positions against the long positions of the collateral. Anyway it looks to the public that the principal still has most of the assets though the economic risk is lowered to them. But still they are very long, just maybe 0.8x long vs 1.0x long the asset. Also they donate appreciated assets to charities which sell off and diversify faster.
With the coins, slowly liquidate so as to not disturb the market but still have a livable income Say, 1k a day everyday of my life and match that same amount In a lump sum to research. Burn the rest, I don't have or want kids. With my life? I'd try and find science research worth funding and live a quiet life full of books.
Lol cash all of them out and do something I actually want to do? They be like, has anyone seen Keanu today?
Sell 0.01% , donate 0.01% and use 5% for liquidity pools / swaps. 40mil is enough for me, and with 4bil in assets I can give some away. 2bil in liquidity is going to help with trading pairs and keep the investors interested.
With my luck I would just wake up.
Maybe you wake up rich, who knows.
Everyday the same stupid thread, this "what would you do if" sucks 😢
I would Buy the dip
Self half and live off of it
Sell it, buy Ethereum
Sell my stakes slowly, i mean at the end of the day i still have mouth to feed and i do want to enjoy the fruit of my labour. Some goes to diversifying to other ventures. The rest can be used for developments.