Think about this:
Almost all VC money is being spent on projects that havenât even come close to launching yet.
Projects with no track record, no community. Just thousands of bot followers.
Mostly repackaged, redundant protocols.
No working model or projections.
Just half-baked ideas in pdf format.
And investors are throwing money at THESE instead of looking at battle tested projects that survived bear markets, are now rife with innovation & liquidity, and doing considerable volume with increased DAUs.
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What should that tell you about the well-known sh*t coins you accumulated at a âdiscountâ in the bear market that investors wonât even glance at?
This is what it should tell you:
Thereâs almost no upside for established âblue chipâ tokens this time around because [1] the value has been extracted already or [2] the value is disconnected from the actual token.
Sorry I have to be the one to tell you this, but you didnât get a âdealâ last year when you âlowered your cost basisâ on these:
Cardano? No.
Algorand? No. lol.
Vechain? Hell no.
Uniswap? Pfffft!
Atom? MehhhhâŠ
Sandbox? Put down the crack pipe.
Almost NO CHANCE for these staples to revisit ATHs despite being MORE fit for users & app builders now than they were 3-5 years ago. They are on every CEX in the galaxy & have socials in every language.
But, no matter how comfortable they make you feel, their upside is nearly nonexistentâŠsave an insane alt coin blow off top, in which case they will still underperform badly.
And guess what? The downside is still there!
Iâll confidently say that holding these is riskier than taking a flyer at an unproven protocol or newly forked chain that trades in 1 pool on a DEX you never heard of.
Personally, 1/3rd of my portfolio scares the piss out of me. Some donât even have websites or users. And I sleep fine at night because finding solid risk:return ratio is tough this cycle. Therefore, I feel my strategy is warranted.
If you like being comfortable, you might has well just buy $COIN stock, delete your socials, & get an outdoor hobby. Based on market cap, CB is way more undervalued than your favorite top 100 legacy token.
(Seriously tho you should get off Twitter after reading this because you follow the wrong peopleâŠ)
So, good luck with that portfolio full of boomer tokens. Bitcoin is already outperforming you. So are meme tokens on the most hated network. And youâre in denial. You should look in the mirror and whisper âidiotâ to yourself several times a day until you change.
And make sure you bookmark this tweet & letâs talk again in 2025-26.
But please, remember it was ME who told you years prior that most of your favorite tokens would NOT pump again.
Cheers!!!!!!!!!!!!
Brought to you on Square by
@Professor Mende - Bonuz Ecosystem Founder Source: X by : Credit to CosmoDefi
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Why did I post this?
I liked this article a lot because it resonates a lot with me. As everyone almost knows, we have been building a fully, purposeful project called The Bonuz Market Ecosystem. We just launched our social smart wallet on iOS and Android to start this journey since it is the gateway and very interoperable with its capabilities.
We are aiming to onboard a billion users.. but we took over 2 years of building with minimal funding. No VC wants to fund us for doing a real genuine project, because they simply see the narrative in the liquidity of the narrative. Also I cant exactly talk their deceiving language because of my honest and straight forward nature.
Good products that are intuitive and easy are actually not something anyone wants to invest in. They need hype and speculation, big community and a token out, which benefits them.
Also, especially if the project doesn't fit the narrative and doesn't have the right lead VC on it, then it's totally unattractive.
It's like a copy-paste game for these financial fkkkkers... all are just profit-driven. The author CosmoDefi pointed it out so well.
Anyhow, now we are built and hope that we are able to prove the value and actually raise some money without the token. So it's great to keep this strength and stamina and sail through the storm to where we have reached today.
Perhaps the investors of the future will have a better mindset to filter good and genuine projects of purpose and actually invest some time in talking with the founders and seeing the product instead of looking at the deck for 90 seconds and then judging it. It almost feels like racism to me for judging a project on the paper, lol.
Reality is not so nice.
Persistence combined with a wise warrior mind and some discipline for constant execution was my way; also, educating the people around me and attending every conference helped. Still, VCs are asking retarded wrong questions. Founders or people who understand the tech are investing instead. What a battle we put ourselves in. I hope I can find some investment / VC specialist for my company who can do this job for me. I open the doors... and they do the talk. boom! Maybe that's the magic formula to get funded asap.
Matthias Mende
Always mentioning the reality of things without being shy or feeling ashamed :)
#vc #scams #pumps #vcmoney #bullrun