How is $SONN going to make sure that they don’t print a local top on $HYPE just like every altcoin DAT?

https://x.com/thedefivillain/status/1996176519056757041

I don't think people have realized that Strategy basically neutralized the main talking point of $MSTR bears this week

One year spent feeling smart about the "How will they pay the dividends?" narrative just to realize that Saylor funded 21 months worth of divs in 8 days

And I haven't seen a single soul suggesting the idea that "MSTR must be selling the common because it's so weak this week". So not only were they able to fund almost 2 years of dividends in two weeks, but they were also able to do it in a way that wasn't even noticeable in the price.

The best bearish argument against MSTR is and will always be BTC price, but very few of the MSTR bears have a BTC price prediction that is bearish enough to justify MSTR struggling massively...

$PIPPIN shorts casually bleeding 10% of their position every day to hold it, and price looks anything but... bothered

Good luck out there

Tom Lee still being able to buy $200M-$300M worth of $ETH a week is pretty crazy

Can you believe $BTC $126k ATH was just 2 months ago

I've posted a few times to advise against shorting $PIPPIN, this squeeze outcome was very likely

And with the funding still being super negative, I'm not even convinced that this is topped

The market was really retarded to value $CC at such a high valuation in pre-markets

I'm expecting some fuckery to happen on this coin at some point though, just a feeling

$HYPE looks like it badly wants sub $30

My expectation is that $ZEC remains an under-performer for some time

It had the opportunity to look good by flipping $400 but got rejected hard there

Digesting this kind of pump without becoming weak is extremely hard

If you want an example of coin that managed to do it, check XRP chart from last year

Pretty clear that ZEC is not looking like that at all

Trading scam coins has become so much easier since I've stopped focusing on the short side

Best R/R is in trying to find longs on these coins most of the time, and then on some occasions you get an excellent short opportunity

But what you don't want is to sit in in a short "waiting for it to die/top". Recipe for disaster.

You must basically only short when you think it's topped or during a giga squeeze. That enables you to get in with very limited downside and a clear invalidation.

(All this advice is only for *scam coins*, not "organic" coins, they are two different beasts)

And don't oversize on the long side, because that's also a headache given their volatility.

This MOODENG short trade lasted 38s lmao

Today was a lucky day ig

I'm not trading $FOLKS btw (because it's not on Bybit), I don't even know what this coin is, but just by eyeballing the chart you can see that it's a scam coin and that its PA will mostly rely on insider games:

- uncorrelated from the market
- tends to go up overall in an inorganic way (there are NO crypto natives in who could sell)
- has some random sudden bursts

Averaging down can be okay as long as you have a safeguard against doing it indefinitely to zero

I was bullish on $FUEL at launch (kek), but given the horrendous PA, I stopped buying the dip at some point

I had non-trivial losses on it anyway but it was the right decision because this is some of the worst-performing coin I've ever seen

And the crypto market is filled with this crap, there are no 'value' levels, coins can keep going down -80% again and again until you're insolvent

Anyway, the lesson is losers average losers, so avoid loser coins

$1bn $BTC purchase by $MSTR this week