I was pre rich once ..
Joined February 2024
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FormerPreRich retweeted
Leading Robinhood chain coins have lost the 4hr support trend that carried them here so far , in recent days many people including me started finding newer place to allocate to so we can recycle our gains and rotate which means no clear 1-3 leaders but mini camps with bifurcation of liquidity , next I believe follows a 70% correction which comes with an opportunity to pick up good bags of coins you always wanted to buy but couldn’t cause of no pullback , as the next rally could genuinely get a lot more maniac than this was
TLDR: cut loose risk and prepare for the Black Friday discounts they are coming early this time of the year
FormerPreRich retweeted
Adam doesn’t get it. You can’t stop the memes. $VIDAx
Robinhood apparently is behind an effort related to “tokenized real-world assets including Stock Tokens” for AMC Entertainment (and supposedly 190+ other companies). They are not registered under U.S. securities laws !!!!!!
I find this practice to be contemptible, outrageous, disgusting, detestable, inexcusable, vile. How can it possibly be legal? We have no connection to this at all, and do not condone it in any way.
We immediately are going to have our outside securities counsel look into this.
docs.robinhood.com/rhj
Stock Tokens are not registered under U.S. securities laws and may not be offered, sold, or delivered, directly or indirectly, in the United States or to, or for the account or benefit of, U.S. persons. Offers and sales of Stock Tokens are subject to restrictions in other jurisdictions, including, without limitation, Canada, the United Kingdom, and Switzerland. A full list of the jurisdictions in which offers or sales are restricted or prohibited is available here: docs.robinhood.com/rhj
Robinhood Assets (Jersey) Limited is a private limited company incorporated in Jersey, with its registered address at First Floor, La Chasse Chambers, Ten La Chasse, St. Helier, JE2 4UE, Jersey. The Issuer is registered under the registration number 162428.
Stock Tokens have not been and will not be registered under the U.S. Securities Act of 1933, as amended from time to time (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States. Stock Tokens may not be offered, sold or delivered within the United States to, or for the account or benefit of U.S. Persons (as defined in Regulation S under the Securities Act ("Regulation S")), and (ii) may be offered, sold or otherwise delivered at any time only outside of the United States and to transferees that are not U.S. Persons (as defined in Regulation S)….
©2026 Robinhood Markets, Inc. All rights reserved.
FormerPreRich retweeted
Their CTO’ing the penny stock on Solana, early signs of the RWA narrative starting to take shape over there.
Positioning in $STONK is your proxy on this narrative gaining more traction, seems relatively free here compared to its counterparty on Robinhood chain
Penny stock paired tokens ripping on Solana... No surprise there. Positioned in the house, and ready for a massive wave of RWA paired tokens coming to Solana, powered by @LaunchOnSF
solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx literally gave a generational dip yesterday, i hope you picked some up.
FormerPreRich retweeted
Some predictions for social trading over the coming years.
- A solo trader will run up 9+ figures publicly
- PnL leaders will command followings like celebrities
- Top groups will control more capital than institutional crypto funds
- The top social finance creators will make money from rewards that rivals top social media influencers
- Autonomous agents will begin competing for top spots on the leaderboards
- Trading will resemble sports and become the world’s greatest MMORPG
- The next Roaring Kitty/GameStop-esque movement will emerge on a social trading app
FormerPreRich retweeted
lol was just drawing this earlier to explain this, very hard to gauge which tokens will succeed at launch, as 99% of them fail, however if you wait a bit, you can see which tokens are able to maintain attention after their first pullbacks & then you look to bid into higher lows or the breakout
There is a pattern in every single $100M runner on Robinhood.
There is initial traction on the coin that pulls in a lot of capital from everywhere. Once that euphoria slows down it shakes all the short term buyers out.
The flush from -60% to -95% migrates the supply to holders that won't sell and a "team" to pick up supply for another run.
When new demand comes in, it hits a thin sell side with maybe a catalyst to accelerate. This is when it gets parabolic.
Once you understand that this pattern repeats over and over again you can search for these spots.
Robinhood is a holders chain. Not a flippers chain.
FormerPreRich retweeted
Comparing your performance to top traders will cause you to roundtrip all your gains if you’re not careful.
Don’t be blinded by the extra commas. Profits taken consistently over a multitude of plays can and will compound fast.
Not every play needs to be a grand slam.
FormerPreRich retweeted
"if you're gonna take risk at any point, you take risk early, and remove risk as time goes on"
deploying capital in times of uncertainty at the beginning of rallies when general consensus is unsure if the rally has legs or not yields the best returns if you're right
FormerPreRich retweeted
I’ve said this before and will say it again (I’ve seen many good soldiers killed by it):
Leverage should be understood as an accelerator of time rather than a multiplier of risk.
I am almost certain the person cranking it to 10x isn’t sitting there thinking, “I would like ten times the variance.” Nah, he is thinking: I have 100K and I just cannot tolerate how fucking long the unlevered path to 1M takes.
The algo has completely fried our sense of how long that path is supposed to take. It disproportionately feeds you the 20-year-old who supposedly made $30M or the token that hit 100x overnight, and now with social trading you get to watch all of it happen live.
So you end up recalibrating your clock against outliers.
Add to that the fact that we are now being called uncs and plumbers at 30, and suddenly making it at 35 feels mediocre.
It’s all a lie.....DO NOT believe it.....It’s an artificial deadline for success created by capitalist propaganda.
If you are thinking or using leverage, understand what the actual fuck you are getting into.
The more leverage you use, the less room there is for anything to go wrong. At zero leverage, being “right eventually” can still make you money, but as you crank it up, “eventually” starts disappearing. Being right on direction is no longer enough if the move happens too late or price takes the wrong path before getting there.
And it gets worse once you understand ergodicity.....If you are a leverage junkie, you probably haven’t heard the word, so let me introduce you to it:
Your outcome is determined by the sequence you live through, not by the average across hypothetical outcomes, and if one event in that sequence wipes you out, everything that could have happened after it becomes irrelevant.
So when you say, “I only have a 10% chance of liquidation,” you are usually thinking about that trade in isolation. But you are going to trade again and again.....keep introducing a small probability of terminal failure into a long enough sequence and eventually that probability has a very good chance of finding you.
Which is why the obsession with being early in life becomes so destructive. It makes you waste the one thing you have in abundance: future attempts. Do not collateralize them through leverage because you think you are running out of time.
Get rid of that moronic idea.....You are not old at 30, 50 or 60.
FormerPreRich retweeted
Think $SOL is about to make a big comeback and is the most asymmetric major over the next 6 – 18 months.
Some notes.
1. After 10 months in a row of down only, most retail and funds have capitulated, leaving only committed holders
2. One of three index assets alongside BTC and ETH that both retail and institutions will reflexively bid once it’s clear we’re back
3. Highest concentration of revenue generating apps and some of the strongest network effects of any general purpose L1
4. Solana has the most credible path to scale of any L1 w/ slot times approaching 200ms by end of Sept
5. Upcoming SIMDs will strengthen SOL economics through increased fee burns and lower inflation. Estimate Solana REV could 2x – 4x in next year easy
6. Stablecoin volumes rivaling Ethereum, Tron, Base for top payments chain
7. Tokenized equity volumes are ramping with Solana as the leader across all L1s
8. Long tail markets like memecoins, TCG, and MetaDAO “ownership” (startups) coins are all accelerating
9. Social trading apps like Fomo and Pump are onboarding a big wave of new users with Solana as the largest beneficiary
There were many reasons to be critical about Solana over the past year, but the past is becoming past.
Fundamentals look great and the value capture story will only improve with each passing quarter.
Targeting much much higher.
FormerPreRich retweeted
Legal is often the most boring part of building, especially in the prediction/betting space, therefore I rarely talk about it
For the last 3 months we have been heads down working on legal, entities, and licensing
As of today, we received our gaming license. Mainnet is coming.
FormerPreRich retweeted
You all are so gay
You're not even short but cheering for down
The only reason you're doing so is because you recently sold for a loss and you don't want a market rally to make you look dumb
Newsflash, you're retarded accept it and move on
You'll make much more money that way
FormerPreRich retweeted
"Crypto doesn’t need another vanilla token launchpad. Crypto needs a trusted curation layer." it's very rare to see a master at work
