🐧 @Pentosh1

Let's talk $PUMP buybacks Buybacks imo should always be viewed through the same lens as bodybuilding. You will not see the growth overnight, or the impact from lifting if you look in the mirror each day. It will however have an impact over time. The coins themselves can be viewed as real physical supply. In a bear market, there is always more supply than demand. No coin is immune to that broadly speaking. In this case, they have removed 15.15% of the supply forever. Those coins are deleted, they can no longer be sold again. Each day, the max supply shrinks, so the longer price trades at this mc with these revenues, the less supply is available. Eventually, all of that supply would be absorbed until there were no willing sellers at these prices. Short term flows dicate the intraday moves which are of course larger than the revenue. So its important to keep that in mind. These revenues have largely been in a bear market, not in a bull market which could easily see these 2-3x. Either way. Time + revenue will do it's work. Just not always in the way you think. It is clear to me that the sell momentum has stalled, and like a pendulum markets always swing the other way. Whether you agree with their business or not, the numbers are real, and verifiable on chain. Do you want to be right, or do you want to make money? That's the question. If we are entering a crypto bull market, than this is one of the best bets there is due to attention + the sol economy. it's a beneficiary of both. Imo, this is good for a few, to several multiples. But time will tell. 400k per day, over another 3-6 months at this MC? I'm not sure the willing supply exists at this price point. I think demand > supply. I dont think there is any large, liquid crypto that has this revenue to MC in terms of buybacks which makes this so appealing. It could, and should be trading much higher. Imo had to wait out the price capitulation + time capitulation for this to work My plan is to add another 100m this week, bringing me to 500m Pump, and potentially, and tactically add another 500m at obvious HL points, or levels I deem important personally. When I have conviction on a trade, this is the way i do it. If I don't, I typically just set a hard entry/target.

$pump already +20% Will look for spots to add and drop my thesis tmw. In terms of adding. Looking for logical HL’s of course https://t.co/KNNv2N1pPP

If there is one thing I'm great at. It's knowing when to go on offense, and when to go on defense, and capture large parts of trends regardless of what market it is. Equities, or crypto. Especially the time aspect of defense which is where most people struggle. (see all the repeated bottom calls in the bear market on this platform) Right now, in crypto there are a few good long opps out there that should see some significant returns. But I dont think they are wide spread. Each cycle is less. This past year I sat out crypto, outside of HYPE which luckily did almost a 3x from the original entry, and a few BTC scalps. The same can be said for 2022, where I largely sat out for a year. From above 60k to just under 20k. There is a time and place for everything, and the time aspect needs a lot more respect and understanding. I do my best to help people avoid the long, drawn out drawdowns, and try to get in the best trades possible on the long side. of course nobody is perfect, and we all make mistakes. But I do the best I can. And will continue to try to do that. Im looking forward to sharing a little more crypto content again.

$PUMP average buy .001701. Good size bag. Will look to add more on dips if given, and likely compound this on the way up. Last time we traded this we hit a 2x. This time I think the upside is a bit higher. Will write a more detailed thesis this week that I . But I think the time to fade this is over and we are going to see a very decent repricing on this. This imo is one of the best r/r setups inside the sol eco. The math, is beginning to math finally.

Grabbed some $EWY at 155.52, $AAOI at $93, $NBIS at 166.3, $SNDK at 1395. AAOI will be a longer term position for me, same with NBIS. Ewy and SNDK ill dump within the week most likely. The one thing I would caution however is there's a very real possibility that we have some extended chop/sideways period due to the amount of deleveraging that occurred. I think it would be quite easy to get harmed each direction. At least until vol dies off a bit. These entries were the result of waiting 6 weeks. The market structure is pretty poor now overall, so I'd rather keep the higher conviction stuff, and start building those positions. As we could easily bleed lower. Will go into more of my detailed thinking tomorrow when I have some time. But the 6 weeks of waiting for these looks to be off to a great start each direction

$MU + $EWY update + memory men 6 weeks of waiting. Almost being rewarded. Patience almost always pays. I think MU would be a steal in the 700s-low / mid 800's. https://t.co/5mLiHlb8DF https://t.co/zj8HyIgNGF

It's been a good year, and for the most part we cooked avoided all the drawdown in crypto this year, and had been long hype + adding a lot on the way up as the core exposure Got a good amount of the AI trade in stonks and general stock exposure for the past 18 months longed eth at 1766. not crazy size tho Also, just some general thoughts on this year below: The average person would be better off trying to capture the meat of the move. vs trying to time bottoms. How many times did people call a macro bottom in the past year? it felt like everyday. Let's keep this idea simple, Im going to oversimplify it but as a framework. lets say instead of catching a bottom. You pay a 20% premium from the lows to enter but you structurally get a reclaim. The first HH. You can then ride that up bc your invalidation is so so so so cheap at that point and so is the entry. You know the spot it can't lose structurally. if it's the start of an uptrend, you have all the upside without the time cost, opp costs, emotional costs, and very real drawdowns. And instead get to ride momentum from the reclaims. Lets say $100 is that HH point, buying at $99 can be extremely expensive but buying at $101 can be very cheap. Bc of market structure + trend. The 99 can just be trend continuation and the next LH, while the 101 is a restest of a major reclaim that leads to continuation but also gives you a cheap exit if wrong.

$ETH just made new local highs while $SOL remains 10% below it's one might be a bit crowded. idk tho https://t.co/V4c1Db8gsX

@jellysmithrave i dont think anything i said in here says these are king fren. the point of buying sol and eth is to distribute it to other people higher in the name of "decentralization"

$eth vs $sol is inherently stupid and so is caring about one more than the other. if one is in a structural uptrend vs the other in both the pair trade and USD. then thats the one you want to own until it is no longer working.

$ETH is currently the most interesting major On the eth/btc pair is is right under resistance where the prev LL had formed. So in On the eth/sol pair its slowly been in an uptrend for the past year. In saying that, while it's at resistance on both. It looks decent. But it's also the reason I am not putting on a full position. This price can be expensive, while a reclaim can be cheap. and USD pair is not too far above it's multi-year support its also likely less crowded due to the hate. I don't care for it myself in saying that, and view owning it as a rental. I started a 1/4 position in it at 1,766 and will look to hopefully get to add more to that over time. But at least have some exposure now

sol is a great example of this, look how clean it is however in the future, this becomes a great level to trade off where you can limit downside, and eventually have the upside. capturing the meat of the move. you can apply this to most charts imo https://t.co/vS40uGM5QB https://t.co/FNBV3IyZpN

@notthreadguy It might have been bc there was actual physical supply being released from storage. An old satoshi eta whale held coins. And dumped them into the market any time buyers showed up. Real physical supply

A few people prob need to get slimed out in the chop as we typically don’t V reversal. We likely need some time sideways with fake outs etc. + the other things like competing with ai attention and allocation. Look at sol, and many others that had bearish retests thus far. https://t.co/84TVrvubA0

I don’t know that btc was really all that affected by the war in the first place. Otherwise equities wouldn’t have made new all time highs daily. The market has continually moved passed it in general. The world always finds a way to continue to function regardless of what’s happening

I’d rather just trade in reality vs hope. I am here to make money. Not try to make a square fit into a circular hole. I’ll buy cryptos that are real. Like hype. Btc etc. but the rest. We are 15 years in with basically nothing to show. We know the general capex of Ai. The people who fight it are prob quite unhappy.

$shaz melting up

why has crypto been weak? It is competing with money for ai + robotics, and that will be the case for sometime. It is just a huge money pit of demand and will be for some time. It is also something that most investors can see, feel and touch. While crypto alts have a pretty poor history over any period of time. This is just a reality and we all know that. Altcoins are 15 years old now with little to show in the real world. Does that make BTC a bad buy here? No, if anything this general range is a great buy imo long term. Is it going to have the same upside performance? unlikely. Just like this past cycle was the first one where the alt market didn't make new highs. Global markets have had as much accommodation as possible and unfortunately crypto has been the weakest link. Are you getting paid for the risks you have taken in crypto for the past year? Probably not. But things are at more attractive prices now. It doesnt mean they can't have big bounces either. But I think its hard for them to keep pace in general with the AI market for sustained periods of time. Just due to flows, and new emerging tech. But its just something to consider if you are all in crypto. Maybe even allocating 5-10% of that to some of this trade over the next few years. This isnt something new im saying either, I have been saying this.

I once again, did not by the memory dip, those are up big today. Oh well. but I did get in $SHAZ on the latest dip and it looks like that will open up 20% above yesterdays lows. Still holding out on the big memory names for now. Hoping to eventually get MU in the sub 850 range.

if your base port secured the whole trade it doesnt really reduce the risk. if meta drops hard it means the rest of your port is likely dropping hard and theres a broad sell off which would be the same time you'd have to come up with the 275k if you get assigned your upside is capped a 64k no matter what lets say a broad market sell off happens, meta falls to 300. you are still obligated to pay 550 - premium so 421. and then you have a paper loss of 60,500 after keeping the premium its not really as risk free as you make it sound in this sense. long dated = more variables

@degentradingLSD great day for $SHAZ and $NBIS today lfg sir

you clearly don't understand nav in private markets / closed end funds, so i can only assume you have zero experience in them Do you think, that you are going to get to buy these shares, and be liquid at the private market round valuations that NVDA for example is buying at while they remain illquid? The answer fren is NO. You aren't. do you think there might be a premium as well for the quality of investments like figure and apptronik they will trade above nav bc you are betting that robotics companies will see more raises. Series B, C, D, E all the way through Z. if you believe there will be more raises, at higher valuations, then its a good bet. and thats the bet here

@icobeast crypto has had perp dex meta for some time. btc prob up to 68-70k short term then likely back down to the low 60's is my guess. memes, no opinion on. those are just for rape but will have the same rotations like privacy, ai, etc etc (as always)

i think there are less people jumping from crypto to stocks and vice versa than you think, and more rotating sectors inside of each. at least thats a good framework beaten down software names up 20% this week. googl caught a bid, nvda catching one now some of the bigger names that have been lifeless beginning to move in that sense, its just like crypto with narratives so i'd like more internally at each. which rotations are happening, and why. how long may that persist. semis for example could be cooked for several months. but yes, the 58k area is attractive and anything within 10-20% of that range

hyperliquid:native still grinding up, and looks like its starting to sqeeze shorts again as it builds into this on the lower time frames see if it can push back towards the prev ath's again