on memes, fundamentals and the current trading environment
tldr:
1. the market will tell you what it likes, all you have to do is listen
2. approach the market for what it is, not what you think it ought to be
1/ i don't consider myself a macro expert, just a humble enjoyoooor
those who know me know that i am a trader by nature (with heavy crypto conviction)
to me, all is not quiet on the macro front
it's getting very hard to ignore the warning signs
let's look 👇
I've been trading for about 7 years (and really seriously for the last 4)
I'm often asked what resources I use most often on a daily basis for my market observations and executions
A short list of resources that I use to navigate market and stay out of trouble 👇
1/13
as we move closer to the precipice of a new market cycle, I reread one of my favorite 'history meets finance' books
Devil Takes the Hindmost
speculative bubbles and market crashes are not just modern phenomena but have occurred throughout history 👇
i am once again wishing a happy $BTC all time high to those who celebrate
i don't know who needs to hear this but:
you don't "need to make it" on some arbitrary timeline or by some arbitrary age because a bunch of random strangers on x dot com say so. ive seen many people fall
"I don't know when the US got to the view that no bank should ever fail. If you look at the history of bank failures, banks having failed for most of human history. We don't want banks never to fail"
Capitalism = profit + loss. loss is the most important part of the equation
One of our most passionate guests ever: @CaitlinLong_ 🎙️
▫️ Deposit Only Banks
▫️ Balaj's $1M $BTC Bet
▫️ Regional Banking Crisis
▫️ Hyperinflation in Weimer Germany
▫️ Government not allowing deposit only bank
Spotify: tinyurl.com/DVCaitlin
Apple: tinyurl.com/DVCaitlin2
my thesis on BONK is as left curve as it gets, in from 25m mkt cap
there is no universe in which SOL goes back to ATH+ and a SOL memecoin doesnt do a shib/doge type run
BONK to 1Bn mkt cap+ in the above scenario
1/ if you’re one of the 20 people left trading crypto markets, I applaud you.
we all know the market is dead, we can feel it. everyone tells us this directly or indirectly with statements like the above.
but what does that actually mean?
it's volatility (or lack thereof).
Crypto private markets are booming.
Circle's IPO has catalyzed pre-IPO deal flow—sparking filings from Kraken, Gemini, and Bullish. Kraken secondaries hit $7.7B+ on $750M volume.
Equity deals are rising (32-34% deal share) and poised to dominate as public market anchors and
on memes, on-chain roulette and liquidity
this info shouldn't be new or groundbreaking, but feel like it gets overlooked even though its arguably the most important ingredient
tldr at the bottom
on memes, fundamentals and the current trading environment
tldr:
1. the market will tell you what it likes, all you have to do is listen
2. approach the market for what it is, not what you think it ought to be