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Degen Dads

77 members • Free

15 contributions to Degen Dads
Buying Dips Starting Now!
Since the market had a major correction and sell off I started buying dips on certain tokens like Avalanche and Aster. Both have had significant mindshare recently which means ultimately that there will be more trading volume and more attention paid to these tokens. I was trading WLFI which I think is actually a lower risk play considering it seems to be near a bottom However there's the off chance that it completely sells off to around 15/16 cents. However since then WLFI has listed on Robinhood so I think the dump off risk is eliminated along with ETH returning to around $4k. For me there doesn't seem to be as much volume as the other tickers I am about to mention. Therefore I chose Avalanche and Aster be the tokens I swing trade. So far I've made around $1k yesterday on Aster and $1,300+ (closed trade right after this screenshot) today after selling off and rebuying the dip. Avalanche I am currently sitting at a loss but I am DCA'ing slowly as it continued its dip. With Avalanche I'm not trying to time the bottom but rather use a different strategy here. So I have Aster to swing trade and the attention/hype that it currently has to buy the dips and sell off on the pumps and possibly look at a another entry when it decides to correct. And with Avalanche I am basically treating this as a true major altcoin that I think will do really well in October and treating it more like a long term play. However I did have a small gain last week on AVAX on a day trade. I am going to document both of these strategies here in skool.
Buying Dips Starting Now!
0 likes • 14h
@Chris Verzwyvelt low leverage on AVAX, higher on Aster but closed Aster trade. Avax looking to DCA and tune up leverage if it continues to dip.
0 likes • 13h
UPDATE ON MY AVAX TRADE: I DCA'd as mentioned on the additional dip and now I am up. Again I already closed my $ASTER trade and it looks like Aster kept pumping but I am glad to have taken profits. My strategy is all about profit taking vs taking too long of of swing trade positions and exposing myself to too much down turn risk and locking in profits. I am flipping to do the same with AVAX. If it pumps quickly I will lock in gains and look for another entry.
Proof of worth.. lol jk
GM Degens, have a question. Hopefully you guys can answer Anyone know a cheap way to exchange USD for other assets like eth? Going through Coinbase. I remember someone saying buy USDC, which is free and transferred it out to a wallet. Just don’t remember the next step on where to exchange to eth. straight up through the Wallet like MetaMask? Also, can I do the same thing with Gemini? Looks like I can only buy. Their Stablecoin. Gusd. For 0 fees, can I then move that off and exchange For eth somewhere?
0 likes • 3d
Yeah you can use metamask for essentially most things. But you can also just buy ETH using USD through Coinbase, Robinhood, Gemini, Binance and etc. Then transfer that ETH out to whatever wallet you choose. So its really up to you how you want to do it. I don't think you really have to buy/swap USDC first unless you really want to.
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The Skool Mobile app is completely FREE and gives you access to the Degen Dads community on-the-go as well as helping you stay on track of the latest posts inside our community and gives you even more opportunity to rank on the leaderboard for exclusive Degen Dads giveaways for our community members!
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2 likes • 5d
@Chris Verzwyvelt thanks and yea mobile app goated fr
1 like • 3d
@Lindsay Offoh that's dedication right there! And wild they make you use one!
AVAX has been a big performer lately!
AVAX has some historical highs in terms of transactions, DEFI volume, RWA’s and stablecoins values hitting either previous all time high levels or about to hit record highs. Avalanche is also raising $1 billion for DAT‘s to acquire more $AVAX. Just a few days ago PayPal has announced it’s stablecoin is launching on Avalanche. Meanwhile, Japan and South Korea also have stablecoins launching. Furthermore, it’s rounded out by Toyota, which plans to launch multiple layer ones on Avalanche to deploy its finance systems. In terms of the trade, it looks like it’s still catching up to the rest of the market, which is why it has been performing lately and I expect it to continue to do so. None of this is financial advice and I’m actually an AXAX ambassador but I picked them for a reason.
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AVAX has been a big performer lately!
Bull Market Clarity 👓
As we are approaching the end of the cycle, we must not get caught absolutely LACKING while drooling at the amazing prices we've been patiently waiting since the bottom. And after scrolling CT the other day, it seems to me like people misunderstand the “euphoria” phase we're about to enter: It does not come while prices pump, it comes AFTER the majority has already printed on the 3-5-7-20x upside. Euphoria starts after tops are made. So don't get distracted by people flexing pnl's and feeling ecstatic, because everyone thinks they beat the market and that they are geniuses, until they're not. Feel free to refer to the picture below 👇
Bull Market Clarity 👓
0 likes • 5d
Key sentence: Euphoria starts after tops are made... Everyone write that down and put that on your desk lol.
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Kyle Willson
3
29points to level up
@kyle-willson-2323
A dad who talks crypto

Active 7h ago
Joined Sep 7, 2025
USA
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