Zeneca

New post out now on HyperLiquid & HyperEVM — good timing with HYPE just hitting a new ATH!

- What even is HyperLiquid?
- How does it work?
- What’s the HyperEVM?
- Is it worth continuing to pay attention?
- How can you get involved and get exposure?

Shoutout to all the people who were gravedancing HYPE when it dropped below $10 a couple of months ago

Interested in Airdrops?

I recently wrote an epic guide to understanding them, with my tips on how to position yourself to reap their rewards

Spoiler alert: "farming" them the ay most people think about it, is a terrible approach imo

Check it out here:

Your greatest edge will come from the boring stuff

I was a professional poker player for ~15 years. I saw a lot of things, including hundreds of other professionals or would-be professionals that came and went, and I feel like I got a pretty good handle on what it took to “make it”.

By and large, the ones that were able to stick it out and consistently win over years all had one thing in common: they were good at the boring stuff.

I think the same applies to trading crypto.

Read the full post here:

Spent about 3hrs today selling things off for tax loss harvesting purposes

It was basically a walk down memory lane of all the bad decisions I made

Memecoins are a hellofa drug

It’s entirely possible that the price of ETH will literally never ever again drop below $2700

(trying something new and giving myself a buffer this time)

Just wrote about my portfolio review process, something I do every month or two — I recommend every active investor regularly reviews their portfolio like this

I also shared my exact holdings for my premium subscribers, breaking down my top 5 alt coin positions along with every token I have high conviction in

Can check out the post at zeneca dot xyz 🫡

In next week’s newsletter I’ll be sharing a portfolio update — I’ve finally managed to allocate the vast majority of my alts into just 5 coins so I’ll share what they are & why I picked them

If you had to pick just 5 tokens to hold (excluding majors), what would yours be?

One of my favourite parts about X is go every second person you interact with is an expert on war, geopolitics, the global financial system, climate change, content creation, and memecoins

It’s truly spectacular

No place like it

Was fortunate to make it into the top 1k Loudio yappers with only a couple of posts, and also lucky to be able to send for the presale while on a flight (decent in-air wifi ftw)

I mentioned in my previous post that if I did get in on it, i'd be claiming + dumping + donating the full amount -- sharing proof here

Donated to a pet rescue charity cause my wife and I are animal lovers. Dogs especially are the best of us, we don't deserve them.

Speaking of being fortunate, I'm most fortunate to be in a position to be able to do this. No hate on anyone who farmed it, or kept the money, or did whatever the f they wanted to do with it.

Like I also said previously, I think the whole Loudio drama was pretty overblown and such a mild molehill to create a mountain out of 🤷

Anyway. Onto the next

I’m not trying to farm Loudio. There’s no chance I’m making the top 25, and I’m gonna be on a flight during the presale

Even if I make the top 1k and manage to get in mid flight, I’ll dump and donate the proceeds.

But I do want to talk about it some more — basically, I don’t get the hate?

Like of all the things there have been in our space, this seems fairly mild.

99% of people are here to make money, and most people on here don’t have much money and a few thousand or few hundred dollars would make a meaningful difference to their life.

Some of the people I saw shilling and farming Pacmoon are hating on Loudio. Maybe there’s a big difference between the two, but I don’t get it.

Basically all of this is going to zero at the end of the day, nobody is scamming or getting scammed, it’s a free market and if some people want to buy it after the drop then more power to them. I think they’ll lose money but who freaking knows.

TLDR, it’s weird to judge people trying to make a bag. I kinda get it for the accounts with 100k+ followers and 7-8 figures in public crypto wallets, but even then, feels weird. Who knows their situation, or what they’ll do with the funds. Some people are rekt by tax, others have medical debt, others have families to support, others have charities to donate to, etc.

Complaining about it isn’t gonna fix it either, it’s just adding more fuel to the attention fire lol. If you’re really truly against it, just mute/block/unfollow people and move on with your life imo

And I get it’s annoying to open the TL and see nothing but Loudio but that’s why the mute word option exists.

/rant over

Crypto is such an insanely degenerate place that all you have to do is literally not scam people and everyone is like “ohhhh wow thank you you’re such a great person for our space”

🙃🙃🙃

Part 2 of my “How to Value a Crypto Project” post is out now

In it I cover:

- Sentiment Analysis
- Tokenomics
- Utility
- Risks

Check it out here: https://www.zeneca.xyz/p/letter-65-how-to-value-a-crypto-project

Today I found 3379 HYPE that I had forgotten about (it was staked in Nansen, I thought I’d sold it or lost it trading ages ago lol)

Great start to the week

I’ve been whittling my portfolio size down slowly and steadily over the last yearish — both from the perspective of % allocated to crypto, as well as overall total number of crypto positions

Have never felt better tbh, including times when I had a significantly larger total net worth

Less is more, being diversified outside of crypto is inportant, and peace of mind is everything

My biggest positions atm:

BTC
ETH
SOL
TAO
REKT
HYPE
VADER
PENGU

And as always, comfy in spot 🧘‍♂️

This week I wrote about How To Value a Crypto Project

It’s basically an impossible task, but I shared some of the frameworks I think through to even have a chance of valuing the nonsense we trade around here 🙃

This week’s post is on Passive Income myths:

Myth 1: That passive income is passive

Myth 2: The higher the APY, the better

Myth 3: Staking is good

Myth 4: You can extrapolate your daily earnings

I also share how to find good passive income sources: https://www.zeneca.xyz/p/letter-62-passive-income-via-crypto