fa cap retweeted
the concentration of high quality projects on Metadao is higher than anything else in crypto
Credible Finance, Jurassic Finance, Rip Cars, Avici, Umbra, Solomon, syndicate, Omnipair, lasso. Just a stacked lineup
there is this notion that metadao launches create adverse selection for the quality of founders/projects, but id argue that
1) this isnt true currently
2) it will actually be the opposite in future. ALL high quality founders will launch via Metadao and if they dont the market will interpret that as a negative
the long term thesis for Metadao is that the next wave of major winners over the next few years are all going to come from metadao
I’m finding this period more painful than earlier this year
It felt easier to pivot and accept crypto bear earlier in the year and therefore was easier to stable up
But now it’s harder for me to commit bear
I’m not good at selling to buy lower so if I stable it’s bc I believe there will be many months of downtrend (like earlier this year)
Now I’m too nervous to sell my favorite coins bc I’m not convinced we’ll have many months of downtrend again and don’t want to be sidelined
So I must simply watch as my portfolio burns around me
tough seeing what theyre doing to my robinhood:0x98096d17e191b3da1d5f99a6d7b3584351b11e18
there is an increasing chance that i have been VERY wrong
fa cap retweeted
$BTC
Good start, the monthly looks like it just wants to go straight back to ATH
Would be fun if it did
Fingers crossed we continue being this strong
$BTC
Kind of think we bottom this month somewhere in green and hopefully close the candle green at the end of the month
Interesting spot in any case, if you're betting on it breaking down I think you'd have to target significantly lower
my biggest mistake of the cycle so far was selling pump at the pico bottom for ansem
thought process was ansem would essentially act as a pump beta with higher risk but also higher potential Xs
have been very wrong so far and sidelined on a coin (pump) that i spent the entire bear watching
at this point, just maintaining my positioning. lets see if ansem can create a comeback story in next few months
been fairly afk for the past three weeks and looks like ill continue that for this week
still max exposed. i like all my coins. dont want to try to sell and buy back lower.
for now, we endure
while i do wish i had pulled out more cash on the last onchain run
it is quite nice to be more apathetic to prices again
allows more time to focus on other endeavors
basically impossible to focus on anything else when onchain is hot
cycles cycles cycles
robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 and robinhood:0x98096d17e191b3da1d5f99a6d7b3584351b11e18 have officially been hidden on my fomo
Treating them as part of my longer term holds at this point
Charts look legit disgusting but I don’t think the long eco story is over
Time to ignore them until there’s a reason to look again
From now on I’ll start back up on my fomo challenges to build back my port
Currently running a 25k -> 100k challenge
Game back on
Alright BTC I am proud of this 80k fight you’ve given
But now it’s time to relinquish the fight and move into the 70s
A needed sacrifice for us to resume up it would seem
have been posting mostly abt fomo lately but still riding these onchain baskets from the summer/spring (added ai and boner to long term rh basket)
some are performing better than others but i think they are all interesting coins as we enter bull mode
A) solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp solana:DLGRpmkMGr7J4KD1xR5x2XjaGeQH64PLFQkyxNNSpump solana:EeSHyt1ahSvm91CSa8ASqvenmxxQn2WU5VeNhdmepump
B) solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta solana:CREDBHvVqREBCAxMihzr8D1nepHMr2gmQoZWpmgGmeta
C) solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump solana:8wxkvAfEns76yBzu4MnbV7VnXWjg3iDPA9uwAQ6cpump solana:HxQhDGYqyjorgogMJx7YbBHADEDxuHhLnMMmr6VYpyn
D) robinhood:0x020bfc650a365f8bb26819deaabf3e21291018b4 robinhood:0x2e8c31162b855a2ffa90f6f8634643ad6f111e18 robinhood:0x98096d17e191b3da1d5f99a6d7b3584351b11e18
finally back at the desk after being between leases all summer
had a combo of wins and losses this summer
still rolling with the same three part strategy for the foreseeable future
1) run up my @fomo
2) improve my perps performance
3) hold my onchain bags
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1) run up my @fomo
had a decent @fomo performance this summer and it was clutch to have a mobile trading option while on the move.
recently went back into gambling mode rather than intentional trading and went on a rough streak.
still alive tho and running the 25k -> 100k challenge.
2) improve my perps performance
havent played perps much this past month or so bc onchain so hot. luckily slammed zcash:native at ~510 yesterday and honestly might just leave that open for a bit and not overtrade. the daily looks actually insane and dont have as much zcash:native spot as id like.
3) hold my onchain bags
still rocking the same baskets ive been accumulating all summer (with a few lower cap additions). if we do start breaking into the bull, these bear market accumulations could be massive.
A) solana:CARDSccUMFKoPRZxt5vt3ksUbxEFEcnZ3H2pd3dKxYjp solana:DLGRpmkMGr7J4KD1xR5x2XjaGeQH64PLFQkyxNNSpump
B) solana:METAwkXcqyXKy1AtsSgJ8JiUHwGCafnZL38n3vYmeta solana:CREDBHvVqREBCAxMihzr8D1nepHMr2gmQoZWpmgGmeta
C) solana:9cRCn9rGT8V2imeM2BaKs13yhMEais3ruM3rPvTGpump solana:8wxkvAfEns76yBzu4MnbV7VnXWjg3iDPA9uwAQ6cpump solana:HxQhDGYqyjorgogMJx7YbBHADEDxuHhLnMMmr6VYpyn
D) cash-cat:native
i think the biggest risk in my current strategy is not owning enough majors. basically have no direct exposure to bitcoin:native ethereum:native solana:So11111111111111111111111111111111111111112. only own hyperliquid:native and zcash:native (if you call them majors).
thats by design because i think these baskets ive put together have the highest r/r, but certainly risky if things go south.
i am fully allocated, but also mentally prepared for lower prices if they come.
big fall baby lets GET IT.