finding it quite tough not to overtrade in an environment i think we're supposed to be patient on...so setting myself a $1K to $10K challenge u can follow along on @opensea app ( ill post all the trades in this thread too

if the 2021 cycle narrative was NFTs and the 2024-5 cycle narrative was memecoins... ...and if the next cycle's narrative is privacy/ai/quantum resistance i think we should be expecting much higher highs on our coins, coz this is a narrative that can bring in more institutional/sophisticated capital that isn't necessarily crypto native tough to explain to a "serious investor"..."hey bro u should buy WIF coz the dog has a hat"...but much easier to pitch "hey u should buy ZEC coz SOV, quantum etc etc"

man i gotta say what a fkn terrible call to say mkts were going to nuke this week not only have we not nuked, it's not like stuff is flat or down a little bit everything has absolutely ripped lmao gotta pour one out for the bears cheers

our strong points are: 1. built a good reputation over the past 5 years 2. the $REKT community itself is already 5 years old 3. we have "died" and come back multiple times with the same community benefitting each time by design these things don't happen overnight, but i have no reason to believe we can't do it again, and at the very least u know we will try and give it our all

ad-hoc reminder that the majority of my & @iliketabz time is working on what's next for $REKT im not gonna be, and never have been, one of those ppl making announcements of announcements etc etc coz better just to hit with impact but when u work on stuff at the non-public stage i think worth putting out some reminders that we're still here (and always will be, never left etc, 5 years and counting etc)

Daily Brief, 21 Oct: I hope they didn't panic you out of your bags Join Rekt Mkts: A better start for both stocks and crypto...memory is bouncing hard in Korea, BTC and ETH are recovering, and ZEC is comfortably ahead of the majors. As expected, Black Monday transpired into absolutely nothing...and even worse for the bears...both equities and crypto have displayed incredible strength this morning that I think will make bearish chartoooors question their positions. MACRO The 10Y is around 5.12%, up just 0.2bps from yday's close. Tuesday brought a fall of roughly 1.9bps in the 10Y and 4.7bps in the 30Y, with the latter around 5.43% in that session. Some relief at the long end...I do wonder sometimes though are we yet to see the real impact of rates on . Gold futures are around $4,141, roughly flat. December WTI futures are around $99.19. Yday's oil reversal came alongside reports of possible US-Iran diplomatic progress, but those talks are still uncertain. September US housing starts also fell 5.2%, while pending home sales dropped 7.3%. That gives the bond rally a weaker-demand backdrop too...it isn't all about oil or the next inflation print. Today's US oil inventories are the next scheduled check on the energy side. EQUITIES S&P 500 and Nasdaq-100 futures are higher, with tech leading. SK Hynix finished up roughly 5.8% in Korea and Samsung 5.7%, a much stronger move than the modest bounce discussed on Monday. Micron and Sandisk still finished Tuesday's US session lower, but they are up pre mkt today and I would expect them to have a good day today (I am still cautious on these tickers though). Supermicro expects preliminary quarterly revenue of $18.5bn to $19.5bn against its previous $14.5bn to $15.5bn guidance. Its shares are up more than 10% in premarket following the update, with Dell and HPE also higher. These are preliminary numbers, but at least the market is getting a stronger sales estimate and buying the stock on it. That was missing when good chip numbers failed to stop last week's selling. It doesn't settle what memory suppliers can charge, or how customers finance the next round of investment. Server demand is encouraging for the wider AI trade, but it isn't a direct answer to the competition question in memory. If buying carries into the US memory names and survives the close, the rebound starts looking more convincing. Another round of selling into strength would be a pretty frustrating response to better company news and I still feel like that's what I would personally be doing if I still owned these names (which I don't). CRYPTO BTC is up roughly 2.1% over 24H, ETH 2.9%, SOL 2.5% and HYPE 3.7%. A better showing than Monday's fairly quiet start, with ETH and HYPE ahead of BTC. The recovery isn't confined to stocks, and the majors are participating rather than leaving all the action to a couple of smaller names - this feels like a delayed reaction to "the market not nuking and actually performing well" this week and maybe we just needed a couple of days of green confirmed closes for crypto to really get going. US spot BTC ETFs took in $23.2m yday. ETH funds lost $103.3m on Monday, 19 October; Tuesday's ETH total is still unconfirmed here. Better PA, but those flows don't yet give a convincing picture of buying across both assets. ZEC is up roughly 12.1% over 24H and VVV 5.2%, both comfortably ahead of BTC. Those were already part of the privacy and AI-related discussion in recent briefs, but the leadership has flipped from Monday, when VVV was making the stronger move. ZCAT is also up around 17.8%. I think we've seen a good few days of profit taking in these popular names with associated consolidation - hopefully we're through that now and it's still my pick for a cycle narrative. Good luck today.

if you've ever lost money in a bull market it's highly likely because you have constantly chopped and changed your positions rather than having a significant amount of your portfolio in conviction trades (spot) and letting them run altho the latter is actually incredibly easy on paper, psychologically, it's a lot harder coz in a bull mkt u see stuff going up 100x every other day and unless it's ur position u feel fomo and the urge to top blast etc etc the answer is to just make sure you have split your capital into i) the big spot bag u don't touch ii) the degen bag which lets you enjoy your vices u then want to rotate your profits from the degen bag into the spot bag thus capturing and compounding your gains through the cycle until you find the right time to sell all sounds easy on paper but people (including myself) fk it up all the time

just think this mkt is gonna be very rangebound until midterms bulls/bears both very loud atm and it's like everyone expects something very crazy to happen...but quite clearly there are deep bids for risk not too far below where we are, and also quite clearly any meaningful rally in stocks/crypto is capped by midterms/anthropic ipo/quantum+ai resistance stuff i think we just stay in a range for a while until midterms and i think we rally after midterms coz mkts just want some certainty staying on CT for so long will make ur brain feel like there is a 20-30% move on the horizon every day for stocks/crypto when the reality is that is always a pretty low probability event

"The concept of social trading will only get bigger" OSF says celebrity traders in crypto will only grow "Humans love stories of people making money" "Making money sells, rags to riches stories sell"

Mando warns that crypto could face two years of political pressure if Democrats win control of even one chamber of Congress “If the Dems win, even just the House, they are going to come after the current administration.” “You're going to see a ton of investigations into what people close to the administration have been doing with World Liberty and various other things.” “Anything with Trump's name on it in crypto is gonna have a tough next two years, maybe even past that.” “I do think crypto in particular probably faces the brunt of this.”