D.gen. Clanker whisperer. JPG addict. Read my pinned post before you do anything else.
Joined February 2021
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It’s a good time to say this one last time, now that we’re all happy and the fun part begins.
I will buy and sell whatever I want whenever I want for whatever reason I see fit and I give no one any explanations: I run no paid groups and never will, I gamble my own money and will do so at will. I am also uninterested in being a community member ever again: no one gives a fuck anyways, I could disappear from here tomorrow and no one would give two fucks within a week. Maybe less. I owe you nothing.
I will talk about a lot of shit, I will never be paid for that, and not once have I ever been in the past. I even forgave very legitimate advisory gigs to be able to always bullpost and shitpost in peace.
A lot of shit will be extremely left curve, some will rug, some will do fantastic, some will be exploited, some will be generational, sometimes I’ll be plain wrong, but NOTHING I will ever say is financial advice. This is the diary of a gambler. I am having fun, and will continue to have fun within the confines of logic and decency.
What you do with that is not my problem.
At some point I will probably have a social trading account. That is clearly the future. If anything, I think people are selling themselves short right now. Especially if memestonks meta and streaming and tradfi keep merging, I can see threadguy’s idea of this becoming the future of entertainment to a virally high level very possible. It will be the only “paid” thing I’ll ever do, as it takes nothing away from others. And if I’ll ever do that, I’ll make sure to be paid well. I will be public about it and make sure it’s very clear. That’s kind of the whole point.
I tweet from the toilet most of the times, I’m the typo king, I don’t curate ever. I don’t even have monetization active. This account was a mere accident, and I kept it squeaky clean.
Make sure you do the same.
And remember, borrowed conviction never goes far. If you follow me, you will get rekt: you don’t know my size, my timeframes, exit points or full formed thesis, and even if you did, those can change in a whim. The best traders in the world adapt fast.
The one thing I always have been and always will be is honest in both wins and losses: you’re both your own best friend and worst enemy in this trading journey. Embrace that, empower yourself, take responsability and journal your progress.
Turn on your brain, do your own research, like actually fucking read and understand things deeply, find your own style: it’s the only way to level up.
Enjoy the ride as much as you can, I think there’s a nonzero chance this is the fabled bull run.
But remember to log off this time.
I know I will.
Honored to receive these flowers from someone I truly respect in the way he faces the world.
A positive force for this space, wish there where more voices like his: honest in presenting bith the highs and lows of a profession - and life - wich can be grueling and exstatic both.
the greatest part of the town hall, which is 𝕏, is how much free information there is from some of the most successful people in the world
ive learned more here (maybe more in the beginning), than spending $200k on a silly college tuition
when asked, "who are my goats?" i respect many people, but @OGDfarmer and @rektmando have taught me the most
you know that "eth long" trade? that idea was borrowed from both of them combined
People keep asking me, plan and thoughts are unchanged, here’s my rant:
1) I’m still short btc and eth. Not as heavy as I should have been, barely half portfolio hedged.
2) I still hold large positions in the same 4 long term bags I’ve had for two years now plus orbio.
3) The only thing I’m buying fresh is my own blood on zeroed out onchain bags. They are all so reckt it’s a minuscule protion of my stabkes I’m doing this with. I’m downbad onchain last couple of weeks like everyone else that isn’t larping. Difference is I don’t full port that shit like most insane clowns around here.
I plan to take profits on my shorts at some point in the next 24 hours into PPI tomorrow - wich I think will really matter for a change - and probably look for longs for a relief bounce. Especially on some capitukation wick, if it gives.
But I don’t think we’re done on larger timeframes and it all looks like absolute shit to me, culturally more than anything else. To think that NFT’s has been unrioncially the last thing we produced with any lasting legacy besides hyperliquid, that shit tells you just how bad it has been last couple of years. Like, I barely care about them besides 3 projects, and still, they have more attention and actually long term interested people than almsot anything else.
A ghost town.
The culture is and always has been what matters here despite what people think. Short term grifts, braindead copytrading, no original thought, grifts and scams, no larger tome horizon, nigilism and straight up crime: what do you expect?
It will take time and effort to feel, and people around here are allergic to effort and time commitments.
And this is why we’re dying.
The only thing that shows signs of bottoming out is onchain. Not hard, given that everything went to 0 and that’s always a solid support.
Some larger alts start to look ok too, like Near and VVV. But most still look like ass.
Majors look disgusting especially given tardfi V shaped back up. Almost trading like the largest exchange in the world has a massive hole to fill.
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I knew Ledger was shit and been yelling that for a long time, but this is bad actor level of malice.
Just switch.
If your wallet of choice isn’t @ambire and it runs Ledger’s latest signing kit, chances are every signature you make gets reported back to Ledger.
I noticed it early while bumping Ledger packages to debug an issue! No affected version ever reached Аmbire production, and we’re shipping it disabled by default, with an opt-in toggle in the privacy settings 🛡️
However, the devil was that it was sneakily enabled by default in the Ledger SDK since their ledgerhq/context-module v1.16... So right after the lib update - every transaction you sign with a Ledger device started sending to blind-signing.api.ledger.com the network, the contract or recipient address, device model and firmware, app versions and whether you signed blind.
I'd argue that privacy should be the default, @Ledger 💪
Happy to see more and more people becoming aware of the privacy implications and picking Ambire for our ongoing privacy focus.
Catching things like this 👀 is part of the job for us!
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Amen.
The trenches are at an inflection point.
It is no longer enough to voice out an opinion of your disdain about the current incentive structures that amplify the hyper gambling pvp environment. You have to do something about it.
The way to shape the culture around the trenches is to change the underlying mechanisms that power it. Change the application layer -> influence the cultural layer.
In this article we lay out the fundamentally broken designs of Pumpfun that continuously extract liquidity from ill-informed participants into the hands of predatory scammers.
