Crypto Goodreads
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An archive of tweets, threads, articles, blog posts etc. that I find interesting within crypto
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real
Forwarded from y22 trades
i feel that
Zora raised at $600m FDV, launched at $350m FDV, and now 42% down —> $210m FDV

Anyone surprised? 😅
Okay, last post about Zora. But this was just too good
Actually down bad on a pair trade I did like a week ago.

BTC on the long leg, but TRUMP short ☠️☠️
Forwarded from Birds of a Feather
I’m aggressively long right now. We’ll know pretty quickly if I’m right or wrong. Spots like these tend to resolve in violent moves up or down in relatively short durations.

Looking for alt majors to rerate up by 10-20%.
Forwarded from y22 trades
„There are three ingredients for success—aggressiveness, timing and skill—and if you have enough aggressiveness at the right time, you don’t need that much skill.“

- Howard Marks

reminiscing a lot about this quote.
i think this is the essence of my success in trading. i am not the smartest, i am not the fastest, my asset selection is not the best. i sized aggressively at the right time and reduced exposure a lot when the tide turned. did this a couple of times. this cycle and also back in 21, started betting heavy in summer and sold the cycle top 21, went heavy again in NFTs on spring 22 and sold all after moonbirds.

i think this is my most relevant skill. coming more and more to the conclusion that nobody can successfully trade in all environments. its all about waiting till conditions arrive where you have an edge, identifying that and then sizing aggressively and focus on capital protection and survival the rest of the time.
Too real