everyone keeps saying that next bear market Bitcoin won’t dump as hard because “institutions are now holding our bags”
did anyone take even 5 minutes and check out what “institutions” are holding bitcoin? most of them are bankrupt/failed companies with bad leadership that blasted bitcoin at $90-110k thinking that it will fix all their issues
i think the dump will be as big if not bigger next bear market with all the institutions capitulating and getting liquidated
p.s. this spiral will be even worse for altcoin treasury companies
p.s.p.s. Bitcoin can drop to $30k and still maintain bullish mo

I miss the OG Kaito projects
Berachain, Story Protocol, Pengu, heck even stuff like Wayfinder and Polkadot
Those were actual legit projects that were “innovative”, interesting, and had lots of things to talk about
Nowadays, it seems as if Kaito is listing every single project that is willing to pay. I know Kaito claims to hand pick projects that they list, but from the amount of new projects and their quality (which I think is much lower than before) it seems like they stopped caring
And probably the worst part of this is that there are tons projects on there now, but absolutely nothing to ya

i think the most “useful” use case for @ethos_network that i found so far is going on there and looking at reviews (especially reviews from people i know) of apps on a new chain i’m trying to explore
fastest and most reliable way to get the best wallets, swaps, yields, etc

i thought my altcoin portfolio was very “asymmetric” but i guess it was nothing compared to joe mccann’s bag
hyperliquid

today is a historic day
@notthreadguy has a chance to do the funniest thing ever: pump the $PUMP chart
the alon interview has a chance to change memes

I had cross margin on on Hyperliquid and I just got fully liquidated
AMA

BNB has been outperforming Hyperliquid this week and the room is silent

bag update (spot + perps):
spot
usdc 60% (farming hyper evm)
eth 20%
kaito 10%
morpho 6%
chud 3%
loudio 1%
perps
launchcoin 30%
doge 25%
sol 15%
pepe 12%
pump 10%
ordi 8%
ena 5%
avax 5%
- planning to hold spot bag long term
- adding chud on dips
- trying to not open too many positions to keep track mentally
- actively trading the perps bag
-don’t think the top is in yet, but wouldn't be surprised to see a pullback with random Dino coins running
- will take profits on perps bag if we turbo send
- no stop losses (for the most part)
-more confident than ever that I know nothing about markets