It's been a while since I last posted, but given how it's the end of the month since the bull market resumed proper, I thought it was a fitting time to drop something — especially for those of you who are either sidelined, or feel like you're severely underperforming
To provide full transparency, the reason why I haven't been posting much these days stems from me taking a heavy directional position into the Yen carry unwind earlier in August, which led me to wiping out over half of my port in a single week
From a peak of 1M in July, I was down to ~450k — 100k of which I off-ramped into fiat to make sure I couldn't lose it all
As a consequence of taking such a huge drawdown, I proceeded to chop myself up from August till October, until I was left with only 250k of liquid while everyone seemed to be getting rich around me
Mar 24, 2024 • 30 tweets • 6 min read
Breaking down the Airdrop Paradigm:
I've decided to finally write a thread on this because airdrops are probably one of the most misunderstood sectors in the space, yet filled with the most disinformation (tons of low quality spam, deceptive/made-up ROI, nonstop "alfa" threads) 1/ To just quickly summarize the reasons why airdrops are a thing:
- It serves as the most effective marketing tool out there to woo in TVL and users
- It's a way for founders to cash out their unregistered securities by supposedly "decentralizing" it across their community
Mar 13, 2024 • 32 tweets • 7 min read
Web3 as the Ultimate MMORPG: Bull Market Guide
The inspiration for this thread actually originated over a lunch conversation with @TyrogueD (an excellent follow btw) where he was telling me how trading crypto was more akin to playing a highly competitive MMORPG as anything else
Upon deeper analysis, I realized that this was actually the perfect analogy as well as mental framework you should be approaching this market with
So far, we've had the "Diamond Hands Framework" which worked out well for a minuscule minority, but left most bagholding alts -99%
Jan 4, 2024 • 13 tweets • 5 min read
How to easily make four to five figures as a shrimp (i.e low 3 figure port)
As someone who follows many top traders, I'm all too aware of my own mediocrities, but one thing I am fairly proficient at is running up dust to something, hence I hope I can value add here ≽^•⩊•^≼
Needless to say, when you're at such a portfolio value, you should NOT be caring about the majors, macro or anything of that sort at all - they are completely irrelevant to you (it literally only counts if you have a high 6 fig port or higher)
Here's a quick step-by-step thread on how I did it, and some insights that I think could be useful to take away (especially for the low liquid folks out there)
Before I start proper, two quick disclaimers:
Firstly, if you think this is going to be one of those 1000x gem posts, then you're sorely mistaken
While they are admirable, they provide fairly little in terms of actionable alpha, hence I wanted to push out something different
Here's how I plan to make seven figures from the next SOL airdrops:
A 🧵
Before I was 0xnouveau, I used to be nouveau.sol - but bridged over to EMVs to extract governance rights from there
But I'm now in consensus with @wronguser000 and @CC2Ventures that the asymmetric returns lie on SOL, and hence believe it's time to rebalance my farms accordingly
Nov 27, 2023 • 23 tweets • 8 min read
Recently I've been getting a lot of questions from my mainnet friends on how to get into the SOL shitcoin scene, and more importantly, what tools/trading methodologies they should adopt
In the view of getting more on-chain (exit) liquidity onto SOL, here's the all-in-one guide you'll need to master trading SOL shitters like a pro (or a mentally ill retard)