1/ 🧵 Alright, let's talk about trading, risk management, and thriving in the markets. I'm Digits, and I've turned 100K into 7M during a 2-year bear market for @digitsdao.
Here's what I've learned along the way...
I once met a guy who really had "made it" on Wall Street.
The guy had a multi hundred million net worth, flew around the world on his G5. We had lunch at the Harvard Club in NY around 2000.
He said, "Fred, do you know how I got so rich? It was really just one trade".
"When
Crypto has tricked a generation of builders into thinking that intrinsic value somehow doesn't exist. That price and tokenomics is some type of formal discipline to be studied and engineered.
But make no mistake, intrinsic value does exist. The meme coin phenomenon is not an
perceived sentiment depends on your timeline, geo-location, people around you, and your own bias through which you see things.
data is more reliable. just 2 examples: funding rates & fud/fomo articles in major media.
but at the end of the day remember that only a DIVERGENCE
Feels like so many markets are similar. Pokemon cards are memecoins running on hype. More and more “tokens” printed all the time… the parties making real money are pokemon company and grading companies. Only a select few cards maintain value due to perceived value (popularity)
game theory prediction: within the next year we will see a MAJOR top in equities. perhaps the top.
i will fine tune and refine this as we get closer to what i see as a major turning point.
fundamental reasons? there will be many as the time comes but big picture:
→ the
Deltahuss 🌊 🟦 "One of the most helpful things that anybody can learn is to give up trying to catch the last eighth or the first. These two are the most expensive eighths in the world. They have cost stock traders, in the aggregate, enough millions of dollars to build a concrete highway across
2. "Keep your eye on liquidity."
Druckenmiller believes that what moves the market is the liquidity, not earnings.
"Earnings don’t move the market; it’s the Federal Reserve. It’s liquidity that moves markets."
this might be a controversial take but balance is for people who want to remain mediocre/okay at what they do or have already put in the work and are now reaping the benefits.
if you want to be great, it requires unconditional sacrifice for a period of time (study the greats in