The last thing I ever want to be associated with is the word scammer or farmer - I don’t need to defend myself as I just block haters now
But it is important we understand what farming and scamming actually are as most accounts have began to worship this as good behavior
Farming is the same as when a stock pool group of 50 individuals agrees to buy 2% of supply at the bottom to bundle the supply after launch, and then create a psyop on the timeline to send it to 1M MC
- 2% x 50 = 100%
Scamming is when you do things as a smaller group and disperse the idea schematically to larger subgroups. Once that group of 50, with followers ranging from 3k to 50k, was able to distribute 1% of their supply for profit and risk free 1% bags, you can set up the MM volume bots with $100k liquid to create a “mayhem moment” and extract supply from weak hands - these 3 bots will pump $1M in volume each with $100k over a 5 day process and finish with a $1,000 PNL while the price goes up - a bot that has stop losses and bids set up to paint the chart - it’s an investment that increases your original investment
I have completely removed myself from that game, and I play the casino fair and square by myself - but it’s become broken as everyone actually adapted to creating and farming their own coins
With that being said, I invested $5k of my own money into NYAN when I gave it fair value, and I have held since those bids 80 days ago - I bid because of my own thesis when it was dead, and it’s up to others to follow in the end
I plan to hold NYAN for an asymmetrical meme bet that could change the overall dynamic of the space, but I rotated the rest of my meme coins into ALT coins and stables after recent events - nothing will change the casino from the house winning slots, so I’m done trading the casino for now
The relevance of intellectual property rights will eventually be understood imo
New chapter, new beginnings 🌈 🐦⬛
Typically follows the max pain scenario
But I like to anticipate it, then bid it
$NYAN do or die