Las Vegas Sphere Owner Denies WIF Rumors, Says "We Have Never Had A Deal": Decrypt

cursed, as usual

personally reducing risk as we're in the tail end of things, even if i think there is a final leg

more defensive as compared to 2024 to protect my gains

you should be doing the same

will probably trim my book a bit more

small thoughts

i think retail facing apps are nice bets for whenever the next wave comes

pretty excited to see how they fare and hopefully they follow in moonshot's steps

guessing we move from infra toward mobile apps in time

if not apps, then a good solid breakout game (but i still don't think gamefi works any time soon)

LAS VEGAS SPHERE RESTATES DOGWIFHAT WILL NOT BE APPEARING ON THE SPHERE AFTER DOGWIFHAT STATEMENT, SAYS THEY ONLY ACCEPT BITCOIN AND EXCHANGE ADVERTISING: DECRYPT

🔗 velo.xyz

already know many that gave back majority of pnl

nothing new and in fact repeated multiple times by many throughout the cycle to take profits

always the greed that gets to you in the end

idt it’s over yet tho

personally will keep paying attention

> insert mngr tweet

In discretionary the right position is almost always flat

do nothing. 5x / yr there's free money on the floor

pick it up. then do nothing

outperformance

spent the weekend catching up w pals and festivities

hope it was great for everyone too

(forwarding this from someone else)

On a bear trap

I think we’re in one of the biggest bear traps ever.

There’s absolutely no euphoria in the market, ai and memes are bleeding out, even og whales are capitulating.

Many think trump coin marked the top but it looks more like another form of business to me, nothing else.

Don’t forget, blackrock and trump team keep stacking up both eth and btc which means they know something big is coming.

If they buy at current prices, it’s unlikely they are aiming for a quick 2-3x.

They need to push the prices way higher to justify the current entry and stomach a major bear market correction.

Otherwise, they will look just as stupid as Germany who sold the bottom.

Also:

- No gold rush style for btc due to sbr/stockpile yet

- Eth didn’t break ath yet

- Staked eth ETF is not live or even proposed yet

- Stocks and bonds are not tokenized yet

- No Base, Abstract, Monad, Linea, Metamask, Opensea, Phantom tokens yet

- D.O.G.E. and Dogecast aren’t live yet

- No Solana and Doge ETFs yet

- Doge didn’t break ath yet

- Pepe is only at $5B lmao

- Trump token didn’t compete with Doge yet

- Saylor didn’t blow up yet

- Tether didn’t launch their own chain yet

- Charts look bottomed, not topped yet

- Social metrics are at all time low

- No gamestop-style mania yet

- Sol is not $1k, btc is not $250k, eth is not $10k yet

- No NFT 2.0 season yet

- No gaming 2.0 season yet

- Both Milady and Pudgy are not 100 eth yet

- Global liquidity hasn’t topped yet

- QE hasn’t started yet

So I personally think we are extremely far from the top and we’re in a final shake out before one of the biggest altseasons in the history.

Do with this what you wish.

Dee

that being said, allocate wisely as usual

more or less can forget about a lot of the coins we’ve traded thus far

a lot of CTs bags will never see ath again

play defensive until something changes

focus on catching trend reversals and not bottoms

It looks like many have capitulated here.

Selling now is a big mistake in my opinion. The smart move is to hold or buy.

Time will tell.

PRESIDENT TRUMP'S WHITE HOUSE A.I. AND CRYPTO CZAR DAVID SACKS WILL HOST A PRESS CONFERENCE ON FEBRUARY 4 AT 2:30PM ET ON DIGITAL ASSETS

*They will discuss How the trump administration & congress will work together to secure america as a leader in the digital asset ecosystem.

Ws in the chat