wronguser000

Market in a very weird spot right now, derisked everything i wouldnt want to hold further

Mostly sitting in BTC, USD and HYPE on dozens of wallets farming liquidity centered dapps, $HYPE is a 50/60 USD+ coin so I'll start derisking slowly once we get up there

Also still got some USELESS i bought sub 10M when bonkguy was screaming about it on the TL, man is dedicating his whole account to it so as long as he holds it up like this I'm staying in

On another note CHEX & LAUNCHCOIN took a serious beating since i mentionned them like 10 days ago but it is what it is we're losing together, still holding CHEX but luckily derisked a shit ton of LAUNCHCOIN before it went south

Now I'm playing slow, either buying the onchain lows again or waiting for overall onchain conditions to improve and give birth to fresh winners

In other words: patience

It’s so funny because I think 90% of people here don’t even understand we’re trading probabilities

Even the best setup can go to shit because nothing is ever set in stone

I’m a schizo trader and my ability to always pivot is what made me survive and exponentially grow my portfolio throughout the years

Reality is holding anything for over a week has been less than 10% of my total profits, best trades of mine are on avg 20mn to 4 hour holding time

Do what you want with this info, I just wanted to balance the "stop trading start holding" posts on the timeline

Best conditions if you have spare liquid capital

Gotta be able to sit on your hands for a bit, don’t rush your entries imo

Was up a lot from past week trading, gave back a small chunk but now pretty much protected from any further downside

Patience

Market back to risk off

Think you sit on your hands onchain and protect capital unless something very obvious comes out

Keeping the delta neutral farming operations ongoing on a few upcoming hitters but other than that back to playing slow after a great 60 days run

Not selling any $HYPE for now, the EVM is way too small to not have exposure to it right now, that said don't think the EVM usage actually gets you any significant $HYPE allo for a potential next airdrop, what you're farming on the EVM are the relatively cheap points of current protocols that could be valued at billions in like a year, so that's exactly what i'm doing with my current HYPE exposure and some stablecoins

This market will keep on testing your ability to adapt to the new playgrounds it gives birth to so don't be lazy amigo give it a chance

You want to observe daily close under 100600 on BTC for daily uptrend structure break, if that happens we prob due for a good ol multi months chop where 99% of alts get murdered again

Until then orange coin show still goes on

I get shorting scams with huge continuous unlocks

But my brother in christ how the hell do you decide to short $HYPE

It's literally a rigged game against the AF, a time bomb where initial odds are against you

Save yourself, don't try to be a hero

Every once in a while I log in here and see how hard people try to explain the most basic shit ever

Our whole society is a scam, so yes bro we know that the latest shit coin that hit 9 figs val is a complete vaporware scam with newly twisted shiny words

But let us breathe no?