BTC & ETH Options Update and Live Airdrops
February 10th, 2024

My top play for the coming bull market — and some leveling with you all.

Some Background:

When I first came across this opportunity back in June of 2023, I quite literally could not believe the economics. I ran the numbers over 15 times, compared the projected costs and returns to comparables like MicroStrategy and Coinbase. I even ran the idea by my wife, who politely speaking is not a math whizz, but is most certainly conservative when compared to a crypto degen like myself. She could not find any holes in the thesis.

Then I asked myself what I was missing. How could investing in ETH and BTC in a regulated environment, without any altcoin risk, without any liquidation risk, with no operational risk, and in a highly leveraged way via options possibly yield 50–80X returns conservatively?

I took to the alpha groups and VC communities I belonged to and asked them their thoughts. To my surprise, none of them were even remotely interested. Most dismissed it before even reviewing any numbers. The rest were hyper focused on VC altcoin investments, and options were a side thought at best.

I went in big, then bigger, then put 100% of my RSP (retirement account), then maxed out my TFSA (tax free savings) and used that as well. Suffice to say, I am all in.

What is the opportunity?

For those of you who may not have seen the previous articles, the article below gives a full breakdown of the strategy. In short, the investment is buying long dated call options (leaps) on Canadian listed spot BTC and ETH ETF’s: BTCC.B and ETHH.B.

The options were, and continue to be, very underpriced. Since I first invested roughly 7 months ago, they have increased on average 250–300%, but have a long way to go if you believe in the crypto bull run. As an example, at the time of writing you can still purchase BTCC.B $14 Calls with a Jan 16th, 2026 expiry for $1.50 (a 17% premium). This means you can pay for the right to buy BTC at an equivalent price of roughly $72,000 until Jan of 2026. This would equate to a 9–10X on your investment if BTC reaches $150K, and significantly more as it increases beyond that.

Levelling with All of You (A frank word to my readers)

My old Altcoin research

This morning as I watched Ivan on Tech and Crypto Banter, I heard the usual proclamations of “just as we predicted”, and “we brought it to you first” and “it’s up X amount since we told you about it”. It never ceases to amaze me that these influencers have the gall to so shamelessly toot their own horns and celebrate “successes”, while simultaneously hedging every statement and ignoring all their misses.

I suppose having been in the space for four crypto years (about 30 normie years?), I have become a tad jaded and disgusted with the typical influencer behaviour and lack of integrity.

Instead, I write this article today not to toot my own horn, but to congratulate those of you who had the conviction and took the leap, whether with this options play or another successful investment. I write this article to tell those who did not that your chance will come. These asymmetric opportunities do not come often, but there will be others this bull market. You will have plenty of mistakes and misses, but if you have conviction and avoid emotional decisions, you are primed to make a killing this bull run.

On that note, in the coming weeks, I will write a full review of my past calls (the wins and losses), and some exciting new altcoins launching in the coming weeks that I am very stoked for, and which have the potential to yield life changing returns. There is a lot going on behind the scenes in the crypto market, the bull market launch is counting down and the next couple months may the last chance to get on board ahead of the masses.

Looking forward to continue bringing some logical and in-depth crypto analysis, some experienced no-BS takes on the cryptosphere, and some integrity in the process.

Airdrops

1 — BefeToken — The funniest meme ever!

BefeToken serves as a tooling hub for creative minds, eliminating the hassle of creating new coins, we drew inspiration from the aforementioned cases. Additionally, we were spurred on by a “Mysterious Force” that whispered to bring this concept to life. And a big shoutout to Juzy for helping us on this quest!

Users can now leverage BefeToken not only for creating new coins but also for airdropping them to any specified address. Importantly, this tool extends its functionality to airdrop any other token present in your wallet, including Sui.

Airdrop coins to thousands of wallet addresses simultaneously without any threshold, as long as there are sufficient funds for gas fees, you are good to drop!

Click Here To Check Your Eligibility.

#2 Beefmeme — The $BEEF!

Yee-haw, partner!

Beefmeme community is a growing community on DEX. Cowboys HODL $BEEF! They recently announced an airdrop for the launch of the token.

Saddle up, and get ready for the hottest meme coin of the year — BEEF Coin.

BEEF has a major grassroots (some pun intended) movement behind it spreading the word on Twitter and Telegram, and crypto exchanges and media outlets are starting to take notice. You already know that when memecoins move, they move fast. We have some serious marketing power and a crack team behind BEEF Coin, or we wouldn’t be where we are today.

You can visit their site at: beefmeme.xyz

#3 tokens-terra.pages.dev — Terra Luna ($LUNC)

The Airdrop from Terra has started — a popular blockchain platform. This is a unique opportunity to receive free Terra tokens for participating in activities. Don’t miss out!

You can check your eligibility by clicking here.

Thanks for reading, hope you’ll make some profits.

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