BGC Priv Journal
50-70% upside vs. cut at 7-9% downside This Risk/Reward set up is to good to pass on rn. Even if cuting the upside early at 30% to the midrange, r/r still is really good here
really walking the line, Eth bouncing off support though should help + this people are fighting for this support
BGC Priv Journal
not looking the best anymore. ETH please hold the floor 🙏
ETH just chopping, every 1% down the TL loses their sh*t.
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Been slightly overtrading on ETH for no reason bc conditions do not warrant it at all.
Solution:
- Sold 2 pixelady's for some to raise eth$ (i hate NFT's, was a dumb idea). I still have 1 pixelady for milady exposure, there's only 20 in the whole collection with the hair/headband trait so that's probably the one to just hold as a "make it bag" for milady exposure (idk much about NFT's)
- Trimmed a small of ticker bitcoin today to raise some eth. There was a lot of capitulation yesterday that wicked it below support, but it quickly regained the level and is now hovering above. Trimmed bc i wanted to get some eth, but leaving the bulk in. There's still some time for it to play out and think this is relatively simply trade and great r/r.
- RSTK start re-building from Eth raised from pixel lady + the bitcoin trim. This is a slow cook so i don't mind adding to it over time with profits. Only case where I would add heavier all at once is if there's a clear sign it's about to really just take off.
- BTFRLY - Will also adding more to BTRFLY with profits to build it up as welll. BTRFLY is another slow cook where i think there's time to build the position with profits vs. going heavy all at once.
- Data Lake - Been thinking about starting a position here with some profits as well. Havn't started a position yet, but DeSci will probably get a bid at some point. If theres a better play out there lmk, RSC is a bit high but it's co-founded by Brian so it could also be a move
Most trading I'm gonna be doing is on Solana where conditions are move favorable. Moved there with 1 sol and ran it up to 21 sol after a few days (that place is wild). ETH sticking to slowly building up RSTK & BTRFLY as slow cooks and giving ticker bitcoin some time to play out.
Solution:
- Sold 2 pixelady's for some to raise eth$ (i hate NFT's, was a dumb idea). I still have 1 pixelady for milady exposure, there's only 20 in the whole collection with the hair/headband trait so that's probably the one to just hold as a "make it bag" for milady exposure (idk much about NFT's)
- Trimmed a small of ticker bitcoin today to raise some eth. There was a lot of capitulation yesterday that wicked it below support, but it quickly regained the level and is now hovering above. Trimmed bc i wanted to get some eth, but leaving the bulk in. There's still some time for it to play out and think this is relatively simply trade and great r/r.
- RSTK start re-building from Eth raised from pixel lady + the bitcoin trim. This is a slow cook so i don't mind adding to it over time with profits. Only case where I would add heavier all at once is if there's a clear sign it's about to really just take off.
- BTFRLY - Will also adding more to BTRFLY with profits to build it up as welll. BTRFLY is another slow cook where i think there's time to build the position with profits vs. going heavy all at once.
- Data Lake - Been thinking about starting a position here with some profits as well. Havn't started a position yet, but DeSci will probably get a bid at some point. If theres a better play out there lmk, RSC is a bit high but it's co-founded by Brian so it could also be a move
Most trading I'm gonna be doing is on Solana where conditions are move favorable. Moved there with 1 sol and ran it up to 21 sol after a few days (that place is wild). ETH sticking to slowly building up RSTK & BTRFLY as slow cooks and giving ticker bitcoin some time to play out.
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Also will never talk about SPX here. It's my highest conviction and i've been accumulating more over this last month. It's going to valhalla when the conditions are right, Stop Trading & Believe in something is real
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BGC Priv Journal
50-70% upside vs. cut at 7-9% downside This Risk/Reward set up is to good to pass on rn. Even if cuting the upside early at 30% to the midrange, r/r still is really good here
Cut ticker bitcoin. there are way to many jeet whales in at the moment. It's the second time it broke support, have to be strict with the planned stop on this one.
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BGC Priv Journal
Blur - Looks reallly really interesting here. I've struggled with midcurving Rational thought: The token is useless gov token with 0 value However, Left curve in me: if OS launched a token last cycle what would that peak valuation have been?
I think it's time for Blur to finally do it's thing.
this is going to be so annoying. We wanted this gay etf. We deserve this
CNBC analysis is going to be comical tho
CNBC analysis is going to be comical tho
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BGC Priv Journal
this is going to be so annoying. We wanted this gay etf. We deserve this CNBC analysis is going to be comical tho
Noting this -
That was a big order at support. Wonder if that was a limit buy at support by a big MM or a market order. Either way thats huge notable demand creating that type of divergence
Eth Price: $2,498
That was a big order at support. Wonder if that was a limit buy at support by a big MM or a market order. Either way thats huge notable demand creating that type of divergence
Eth Price: $2,498
AMD up 5.7% on another analyst upgrade. More to come as the sell-side chase price. Thesis over the year in the making, crazy how many people still doubt Lisa and management's product execution. People also clearly short and are unwinding.
$12 from ATH's - Vivek from BofA is coping, he'll capitulate and raise PT to $200 based on more color of inflection in DC segment and Mi300 order numbers 1Q'24 Jan 30. Can't wait, dude was such a dousche corning management with impossible 1-sided questions on every call along with other analysts on the street creating negative investor sentiment
We buy negative investor sentiment, the story's in the numbers.
$12 from ATH's - Vivek from BofA is coping, he'll capitulate and raise PT to $200 based on more color of inflection in DC segment and Mi300 order numbers 1Q'24 Jan 30. Can't wait, dude was such a dousche corning management with impossible 1-sided questions on every call along with other analysts on the street creating negative investor sentiment
We buy negative investor sentiment, the story's in the numbers.
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BGC Priv Journal
AMD up 5.7% on another analyst upgrade. More to come as the sell-side chase price. Thesis over the year in the making, crazy how many people still doubt Lisa and management's product execution. People also clearly short and are unwinding. $12 from ATH's …
+8.6% on the upgrade lmaoooo. Damn are shorts capitulating? hahaha, maybe they have the same thought w/more upgrades coming post earnings. Jan 30th, and unwinding ahead of time
Fed Waller - do more boolish talk but not too boolish plz (can't have the market back track rate cut expectations)
"The Economy is aggressively just average and mid" would be perfect. Someone call the team and tell him
"The Economy is aggressively just average and mid" would be perfect. Someone call the team and tell him
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BGC Priv Journal
zoomed out a bit - there's definitely someone here
yup someone's there providing support, noting this
BGC Priv Journal
Interesting - similar base pattern with $BTRFLY and $TAO. Similar situation as well with most of the supply being staked causing supply shocks are demand comes in BTRFLY's undervalued/underappreciated as is is with their recent release of pxETH and Dinero.…
. bumping this for BTRFLY, even the volume driving in is similar atm