CITADEL LOOKING TO EXPLORE PREDICTION MARKETS ACCORDING TO BLOOMBERG: SYNOPTIC

🔗 velo.xyz

ETF Flows: Oct 6

🟢 Bitcoin: +$1.19b net ...

🟢 Ethereum: +$176.6m net ...

🟢 Solana: +$2.7m net ...

personal mental clarity

talked about a lot, but not practiced enough

https://x.com/apewoodx/status/1975439195343667453

mental clarity is probably one of the most important points at the current stage of things

clarity in your exit plan
clarity in your strategy
clarity in own goals
...

if you're not clear on any of these, it is highly recommended to take some time to really think about what are the defining criterias for you

write them down on a post-it and remind yourself everyday

know what exit indicators you'll be relying on, stick to it
know what kind of plays/risks you're looking for, stick to it
know what number you're trying to achieve, stick to it
...

failure to adhere due to greed, fomo, or hesitation, will make up all the difference in keeping/making your profits this cycle

jumping across different trade ideas/market cycle thoughts/goal posts due to indecision is costly

in fact, if you're still mainly relying on ct, you should start narrowing down who you follow based on their trading styles e.g. why follow a shitcoiner if you're more focused on majors and vice versa

what makes sense for someone might not make sense for another, so don't sway across lanes in fomo ie. over rotate with no conviction

blinders on and stay in your lane

The NYSE’s Owner, Intercontinental Exchange, Nears Deal To Invest $2B Into Polymarket: WSJ

🔗 velo.xyz

bonkguy's motion seems to be back now that market is tuning up risk

also personally don't think sol v bnb is a binary thing

market trading on fear of it happening, but i think it corrects itself along the way

Lighter points
best bid: $100k @ 100
best ask: $1.8m @ 105
*min sizes bumped to 50k again
*these changes are following the preferences of traders near the top of book

pretty insane

trying to ground myself by acknowledging that otc markets are illiquid and there are probably a ton of hidden supply waiting to sell but isn't able to collateralize the deal

they say if you don't have expectations, you'll never be disappointed

and if things turn out well, its a bonus!

if conditions remain good during lighter's tge, i think it can be a sized play esp when a lot of people faded the farming process

it might not beat hype, but it can be a very close competitor and seemingly the only one that is close enough rn

definitely looking forward to it

useless looks good htf as well

expecting this to move further as bonkguy champions it nonstop just as murad does for spx

very favorable for risk on