roundtripped capital - Insights into innovative markets. Completely free.
Joined July 2024
- Tweets296
- Following42
- Followers159
- Likes339
Pinned Tweet
📎 "Developing a Trading Philosophy"
New Educational Paper released, containing: Size down when visibility drops. Lower your ego. Think in legs. Think of Trading as a Sport.
No guru talk – just principles that survive cycles. Enjoy reading: roundtripped.com/education/t…
New roundtripped article covering STRC and explaining its recent volatile move during slow times in crypto overall
roundtripped.com/catching-na…
roundtripped Ω retweeted
insane run, time to pay yourself while watching crypto burn here
the $HYPE / $OTHERS chart is a clear bid on any meaningful dip, there is no need for much external capital like on XRP, SOL, ETH etc.
money trapped within all those shitcoins will be enough to outperform them
thanks for playing
Hyperliquid
2iq thoughts regarding $HYPE:
mid-curve opinion seems to be $HOOD / $COIN taking all the market share away etc
there is a world where the future success of popular CEXes like hood/cb is actually co-aligning with Hyperliquid's success as the #1 DEX
if you look at Robinhood getting repriced to binance levels/12 fig valuations the trend is clear: people are voracious to bid on degeneracy/revenue generated through degeneracy. The "max long degeneracy in the coming years" thesis stands for now
having an open book is beneficial for the space and Hyperliquid managed to bring institutional interest back to crypto just like stablecoins did (tether especially in recent years); market seems to price that in currently and they are actually somewhat believing again in sth that came out of crypto - a revenue generating protocols with real users and their tendency to risk everything like we saw on that James Wynn saga.
HyperEVM/HyperCore tech aside, the race is on for Hyperliquid to get accepted broader outside crypto - bringing stocks/options on-chain in the most liquid way we ever saw
PA wise this does +10%/-10% candles but fascinating thing is variance of investors are accepting it as spot play again. Last time we saw that spot interest was probably SOL around memecoin mania - timeframe much higher than avg VC dumping locked tokens
TL;DR: there is a world where $HYPE still succeeds as a long-term top 5 token (excluding stablecoins)
h/t @insomniacxbt
roundtripped Ω retweeted
📰 "Stop Knife Catching" out now answering the question how crypto went from "buying liquidations is free money 90% of the time" to month-long downtrends without any meaningful relief bounce
TL;DR: Perps used to drive price. Liquidation cascades created mechanical bounces. That loop is broken. Most selling today is spot: VCs unlocking, funds rebalancing, ETF outflows.
published on @deriveinsights & @roundtrippedcap
$HYPE really set the stage for a whole new landscape of exchanges - probably there will be like 3-4 real competitors on the long run, Hyperliquid and Lighter (if 0% fees are staying) seem locked in by now
nitter.cf/hansolar21/status/1971…
Numbers are surely inflated by airdrop farmers, still not a bad idea to collect some free market exposure by trading on some DEXes over time (be careful with slippage + fees)
2iq thoughts regarding $HYPE:
mid-curve opinion seems to be $HOOD / $COIN taking all the market share away etc
there is a world where the future success of popular CEXes like hood/cb is actually co-aligning with Hyperliquid's success as the #1 DEX
if you look at Robinhood getting repriced to binance levels/12 fig valuations the trend is clear: people are voracious to bid on degeneracy/revenue generated through degeneracy. The "max long degeneracy in the coming years" thesis stands for now
having an open book is beneficial for the space and Hyperliquid managed to bring institutional interest back to crypto just like stablecoins did (tether especially in recent years); market seems to price that in currently and they are actually somewhat believing again in sth that came out of crypto - a revenue generating protocols with real users and their tendency to risk everything like we saw on that James Wynn saga.
HyperEVM/HyperCore tech aside, the race is on for Hyperliquid to get accepted broader outside crypto - bringing stocks/options on-chain in the most liquid way we ever saw
PA wise this does +10%/-10% candles but fascinating thing is variance of investors are accepting it as spot play again. Last time we saw that spot interest was probably SOL around memecoin mania - timeframe much higher than avg VC dumping locked tokens
TL;DR: there is a world where $HYPE still succeeds as a long-term top 5 token (excluding stablecoins)
h/t @insomniacxbt
extending this thread with casually getting Citadel & co involved at a 9b valuation
fade prediction markets at own risk
nitter.cf/zoomerfied/status/1975…
roundtripped Ω retweeted
get comfy with lower position sizing in times like these
sth that no one is telling you on CT but probably would be the best choice for 95% on it
2iq thoughts regarding $HYPE:
mid-curve opinion seems to be $HOOD / $COIN taking all the market share away etc
there is a world where the future success of popular CEXes like hood/cb is actually co-aligning with Hyperliquid's success as the #1 DEX
if you look at Robinhood getting repriced to binance levels/12 fig valuations the trend is clear: people are voracious to bid on degeneracy/revenue generated through degeneracy. The "max long degeneracy in the coming years" thesis stands for now
having an open book is beneficial for the space and Hyperliquid managed to bring institutional interest back to crypto just like stablecoins did (tether especially in recent years); market seems to price that in currently and they are actually somewhat believing again in sth that came out of crypto - a revenue generating protocols with real users and their tendency to risk everything like we saw on that James Wynn saga.
HyperEVM/HyperCore tech aside, the race is on for Hyperliquid to get accepted broader outside crypto - bringing stocks/options on-chain in the most liquid way we ever saw
PA wise this does +10%/-10% candles but fascinating thing is variance of investors are accepting it as spot play again. Last time we saw that spot interest was probably SOL around memecoin mania - timeframe much higher than avg VC dumping locked tokens
TL;DR: there is a world where $HYPE still succeeds as a long-term top 5 token (excluding stablecoins)
h/t @insomniacxbt
nitter.cf/moritzpike/status/1991…
things starting to play out in real-time
Seeing participants still surprised by $HYPE’s downside resilience
imo, it only makes sense for it to catch up on market share within crypto (HYPE.D up only), given its undeniable premium product; price could still offer another discounted level in usd-terms if crypto gets rerated lower
probably my best tweet ever described this playbook a few months ago: nitter.cf/roundtrippedcap/status…
more in depth on @roundtrippedcap soon
Hyperliquid
*STORY PROTOCOL MADE WHOPPING 4 US-DOLLARS IN LAST 24 HOURS
yeah, zero incoming for $IP
it had one last inning
$SPX dead
$SPX attracted the tiktok users but in the end:
1) those guys probably know nothing about valuations
2) aren't sophisticated in any way
3) emotionally attached to their dollars; therefore ready to full clip their stack on any given red day (like today)
probably a topped market
There will be a "we are so back" sooner than most participants expect probably
digital gold narrative quite good
🆕🗞 The Liquidity Paradox: Bitcoin's Structural Advantage in a Self-Funded Market
$20B liquidated on Oct 10. Stablecoins plateaued. ETF momentum slowing. Capital rotates, but no longer expands.
Why Bitcoin might continue to win: roundtripped.com/catching-na…
feat. insights by @wintermute_t @ElonTrades @Evan_ss6 @TaikiMaeda2
