as i always like to say,

to live is to learn, to give is to earn

realised i sound a bit old, but i would like to identify as a young professional

thank you 🙂‍↕️🤝

hopped on the zerebro train because i wanna see this squeeze happen

just in time

CHINA'S FOREIGN MINISTRY ON TRADE TALKS WITH US: CHINA AND US ARE NOT HAVING ANY CONSULTATIONS OR NEGOTIATIONS ON TARIFFS

CHINA SAYS US SHOULD NOT MISLEAD PUBLIC ON TALKS

CHINA'S FOREIGN MINISTRY SAYS NOT FAMILIAR WITH REPORTS ON CHINA TARIFF EXEMPTIONS

again and again

actually embarrassing

starting to see more runners onchain hitting 8 figs mc

think i'll be patient and just wait

seems to me people are forcing the risk on in the trenches through blatant rugs and things that don't make sense

one proper runner and i think it goes boom

that is the only one i'm interested in

whether ai/meme idrk

also, now that people are turning bullish again

reminder that your risk on here should not be the same level of risk on last year

ie. protect your gains and not return them all back

many made good money last cycle and sold the top, but they didn't know how to keep it on the way down

i have already offramped a significant chunk and whatever i'm trading rn is what i can afford to lose

CHINA, U.S. NOT HAVING ANY TALKS ON TARIFFS - CHINESE EMBASSY

after sharing my tg id here i got multiple messages from people who are currently all-in in a position that is going against them. all had the same thing in common, down a lot from paper ATH and the feel to need to make it all back by betting "size".

idk who else needs to hear this but if you are in the same boat then close your position immediately. even if you can pull it off this time and it works for you, doesn't matter, you are destined for failure if you operate like this.

this is revenge trading in its purest form. anchored to a uPnL number from the past and the need to make that back with one trade. never ends well. this is pure gambling. you need to have a process. your net worth will always regress to the base level of your process / edge / skill. every single time. its a law of nature.

first, NEVER go all-in. there is no situation that justifies this. it is always bad risk management. second, do not attach yourself to past portfolio ATH (google "anchor bias", very dangerous thing). cleanse your mind of that number. only thing that matters now is the next shot. past is in your head, future is in your hands. third, stop thinking about size in absolute terms. people are brainwashed from CT and think they need to drop 50k into a trade in order to "capitalize on the opportunity with size".

"size" should always be measured against YOUR portfolio. if you drop 15-20% of your portfolio into a single trade then you are betting size. size means if the trade fires it makes a significant difference to your overall net worth. its not a number.

if you have understood these points then start journaling. write it all down, what went wrong, what went well. identify your own individual strengths and weaknesses and then build a sound, robust process from that.

mistake + reflection = progress
this is the way.

• Trump won't lift China tariffs without concessions from Beijing - [DB]

• Trump says another tariff pause is unlikely - [DB]

trenches running hot over the weekend

housecoin approaching 100m after ansem's shill (not sure why he still has pull), but it seems to me the crowd really wants to force a new runner

apart from housecoin, there were others like housecoin derivatives, ai, and bonk eco running

market wants to risk on but there isn't anything fantastic to max bid -> no clear meta or crowd fav

that said, i picked up a small bag of letsbonk on this 70% retrace as a main exposure to bonk eco and will see how it goes

when/if housecoin breaks 100m i wonder what happens

meanwhile wider market on an important pullback

new pairs on pumpswap are also really cancerous wrt liquidity

what is going on