im feeling generous so ill add on to the previous posts;
in these low vol onchain arenas, the stakes are low and its the perfect time to train your mind to look for edge rather than chasing pumps. spend this time rewiring ur mental frameworks.
edge is fleeting and decays rather
gut was wrong. there will be no hedging. we ride the spot waves until theres nothing left.
the only coin i'd consider hedging my spot positions on is prolly eth if it squeezes into the 2.8-3.2 area. other than that, we r spot long the good coins n chill
the fact that james wynn has a naked 1.1b long open with a public liquidation price and hasnt been hunted is very telling. more buyers than sellers. those rooting for his downfall... sidelined?
unsure if hypeevm/hype eco will siphon capital from solana eco. solana degen/gambling eco becomes more and more efficient and ruthless by the day. eventually capital will start to flow elsewhere in search of greener pastures.
take profit and change your life. offramp early and offramp often
self-custody is a double edged sword and most people arent built to self custody their own wealth. i already off-ramped a good chunk of my onchain funds and will continue to offramp more and more as time goes by.
10 days later, he lost it all and is now asking for donations.
point still stands tho, if u find urself praying on someones downfall, ask yourself why that is your subconscious positioning/angle.
SOL in a weird spot. it was one of the biggest beneficiaries of the memecoin supercycle narrative and enjoyed the reflexive price action that came with the onchain activity similar to eth during the nft n defi boom. we're clearly in the closing scenes of that chapter; but what's
dont get it twisted. the only reason they're raising is because even they know their top is in. from a business standpoint, they're playing chess and dont give a fuck what we think anyway. alr milked prob 80-90% of the revenue the business was meant to generate anyway and now
regardless of my personal view on how pump is launching, its still something you can trade around once more information is known and the raise happens.
there is probably (hopefully) an airdrop which will end up being pretty substantial. at the end of the day, this is going to