altcoins best usecase is to enrich VCs & us mere mortals to short them to zero
on that note, gmonad & gMegaETH
on that note, gmonad & gMegaETH
1❤31😁16
I hear you
“i cant get a 10-100x on BTC”
yes, you cant, but you trade Alts, and you rotate profits into BTC and you keep doing it long enough, all of a sudden your stack is worthwhile, whilst reality for most is they are stuck bagholding some absolute worst of the worst dogshit to zero, then blame influencers they copied on Twitter/YouTube instead of taking responsibility 🤷🏼
only acceptable thing to do with profit for me is to either:
- own as much BTC as possible
- offramp funds from crypto forever
Crypto is like Asshole (Anus), never put things in, only out.
“i cant get a 10-100x on BTC”
yes, you cant, but you trade Alts, and you rotate profits into BTC and you keep doing it long enough, all of a sudden your stack is worthwhile, whilst reality for most is they are stuck bagholding some absolute worst of the worst dogshit to zero, then blame influencers they copied on Twitter/YouTube instead of taking responsibility 🤷🏼
only acceptable thing to do with profit for me is to either:
- own as much BTC as possible
- offramp funds from crypto forever
Crypto is like Asshole (Anus), never put things in, only out.
2👍53😁36
RunnerXBT
altcoins best usecase is to enrich VCs & us mere mortals to short them to zero on that note, gmonad & gMegaETH
Disclaimer: I am highly against shorting pre-market coins, so you either be experienced or super gambler
especially if you trade on Hyperliquid, unless you are hedging your future airdrop
Just look at what happened to XPL perps pre-market on HL.
a 6 figure market order moves these pre-markets 10-20-30% in either direction
Its extremely illiquid, noone is market making the books
thats enough yappin for this week, refer to the busy schedule ahead for rest of it, much love x
especially if you trade on Hyperliquid, unless you are hedging your future airdrop
Just look at what happened to XPL perps pre-market on HL.
a 6 figure market order moves these pre-markets 10-20-30% in either direction
Its extremely illiquid, noone is market making the books
thats enough yappin for this week, refer to the busy schedule ahead for rest of it, much love x
❤42👍20
RunnerXBT
took profit on Fartcoin, want to focus on Monad & MegaETH in the coming weeks whilst Fart has been my favorite alt to scalp past few weeks
average FOMC experience with Fartcoin, especially when SOL is strong, its insane beta, so volatile & pretty liquid
🔥61❤17
RunnerXBT
Window of Oct 29th-Nov 1st is a pivotal point, why? - US Gov shutdown rumored to "end" around then - USA FOMC (29th) - USA / China talks in Korea - USA tariff deadline Nov 1st - Tech Stocks Earnings (link) & most Importantly Monad Airdrop claim goes live…
Trump/Winnieh the pooh meeting
The meeting is set to begin at 11 a.m. local time (10 p.m. Wednesday ET).
The meeting is set to begin at 11 a.m. local time (10 p.m. Wednesday ET).
👍15❤7
Forwarded from infinityhedge
TRUMP: WILL REDUCE CHINA FENTANYL TARIFF TO 10%
TRUMP: TARIFFS ON CHINA WILL BE 47% DOWN FROM 57%
CHINA TO BUY SOYBEANS IMMEDIATELY
ALL THE RARE EARTH ISSUE HAS BEEN SETTLED
IT'S A ONE-YEAR AGREEMENT THAT WILL BE EXTENDED
GOING TO CHINA IN APRIL
TRUMP: TARIFFS ON CHINA WILL BE 47% DOWN FROM 57%
CHINA TO BUY SOYBEANS IMMEDIATELY
ALL THE RARE EARTH ISSUE HAS BEEN SETTLED
IT'S A ONE-YEAR AGREEMENT THAT WILL BE EXTENDED
GOING TO CHINA IN APRIL
😁33👍12
as far as I am concerned, this is pretty good "for now" with regards to China (rare earths & tariffs headlines are "behind" us)
next up Today:
- ECB meeting (deciding interest rates changes)
- end of MegaETH ICO (5hrs 30min to go)
- last Monad Boxes/Airdrop today -> potentially Tokenomics or more details soon
*Apple, Amazon, Coinbase, Microstrategy, Reddit, Roblox, Eli Lilly earnings
next up Today:
- ECB meeting (deciding interest rates changes)
- end of MegaETH ICO (5hrs 30min to go)
- last Monad Boxes/Airdrop today -> potentially Tokenomics or more details soon
*Apple, Amazon, Coinbase, Microstrategy, Reddit, Roblox, Eli Lilly earnings
❤22👍17
Microstrategy Q3 Earnings Call later today
Saylor was unable to buy anything meaningful past few 1,5months or so, i expect them to announce some new "product" that will help them buy some more BTC, as they are clearly losing momentum, mNAV is basically gone too
there is now MSTR, STRC, STRK, STRF and STRD
https://x.com/Strategy/status/1983920860189659211
Saylor was unable to buy anything meaningful past few 1,5months or so, i expect them to announce some new "product" that will help them buy some more BTC, as they are clearly losing momentum, mNAV is basically gone too
there is now MSTR, STRC, STRK, STRF and STRD
https://x.com/Strategy/status/1983920860189659211
X (formerly Twitter)
Strategy (@Strategy) on X
Join us at 5 pm ET today for the livestream of our Q3 earnings call. We’ll cover our results, capital markets activities, and digital treasury business model. Plus, a live Q&A. This promises to be our most important earnings call to date!
https://t.co/bOsFMRWz2O
https://t.co/bOsFMRWz2O
👍20🔥7
RunnerXBT
and CT retards get upset with me when I say that altcoins suck for the most part very few things outperformed BTC, let alone tech stocks 🤷🏼
every single altcoin today been thru a 9/11 with Bitcoin being down -1,75%
/end_of_discussion
/end_of_discussion
🔥38🎉3
with each launch of VC-backed project
I am more and more becoming BTC & Hyperliquid-pilled
will avoid dropping names going forward, but its just years of evidence of this claim for you to see from past 2 cycles 🫡
I am more and more becoming BTC & Hyperliquid-pilled
will avoid dropping names going forward, but its just years of evidence of this claim for you to see from past 2 cycles 🫡
❤56👍20
RunnerXBT
Microstrategy Q3 Earnings Call later today Saylor was unable to buy anything meaningful past few 1,5months or so, i expect them to announce some new "product" that will help them buy some more BTC, as they are clearly losing momentum, mNAV is basically gone…
fell asleep only 3 times during this, sorry if you watched this nothingburger because of me
I will do better in the future 🙏
I will do better in the future 🙏
❤35🤯11
Forwarded from infinityhedge
The Week Ahead: infinityhedge
Mon:
*Hong Kong financial summit from 3 to 5 Nov.; Goldman’s Solomon, Morgan Stanley’s Ted and BlackRock’s Larry & Citadel’s Griffin will speak
*U.S. Gov shutdown enters its 34th day (On Track to be longest in history)
*Saylor expected announce another BTC purchase
*U.S. ISM Manufacturing PMI
*Palantir Earnings
Tue:
*U.S. court will hear arguments for Sam Bankman-Fried’s appeal (a new trial or reversal of conviction) at 10am ET; If the panel of judges gets deeply involved with the hearing that may be a sign that it is considering whether to order a new trial OR if hearing is short & quick means court affirming the conviction
*Monad timeline/Tokenomics something expected ?
*AMD, Super Micro Earnings
Wed:
*U.S. Treasury quarterly refunding: Treasury (likely keeping guidance unchanged)
*U.S. October ADP employment report, ISM Services PMI
*US Supreme Court hears arguments on the legality of about 60% of Trump’s tariffs (IEEPA)
*Robinhood, arm, qualcomm earnings
Thu:
*Tesla shareholders will vote on Musk’s $1 Trillion pay package
*Samourai Wallet devs Sentencing 11am ET
Fri: China Gold Reserves this week
TBA/Whole Week: Worldwide Oct. services & PMIs, U.S. Gov data expected to be delayed due to the shutdown, All eyes will also be on whether U.S. lawmakers can agree to end the shutdown, & Investors will be looking for any evidence of weakness in the labor market or evidence that inflation is slowing to increase Dec. rate cut odds which has dropped to 50% from 99% after powell’s presser.
ICYMI:
*Earnings Beats Almost Across the Board for Mag 7; S&P 500 Reporting Double-Digit Earnings Growth for 4th Straight Quarter, last time the S&P 500 reported 4 consecutive Q's of double-digit earnings growth was Q1 2021 through Q4 2021. Analysts believe S&P 500 will report double-digit earnings growth in 4 of the next 5 Q's (through Q4 2026)
*There will not be "nuclear explosions," energy secretary says on Trump's call to test weapons
*OpenAI May Target $1 Trillion Valuation in IPO; OpenAI is giving Microsoft a 27% ownership stake worth about $135B, It will also continue to receive 20% of OpenAI’s revenue; OpenAI Made a $12 Billion Loss Last Quarter.
*On Oct. 28, three new crypto spot ETFs began trading in the U.S. markets, In the coming months, more ETFs are expected to target assets that meet the new generic listing standards, potential candidates could include DOGE, BCH, LINK, XLM, AVAX, SHIB, DOT and ADA.
*Bank of Korea May Buy Gold from a medium- to long-term perspective, for the first time in more than a decade
*Buffett’s Berkshire Cash Hits $382 Billion.
*Balancer Hit by $110M Exploit (hacked for 3rd time now); Berachain validators purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer V2 related exploits.
*MSFT CEO says "the biggest issue we are now having is not a compute glut, but it's a power. And it's sort of the ability to get the builds done fast enough, close to power. So if you can't do that, you may actually have a bunch of chips sitting in inventory that I can't plug in. And in fact, that is my problem today, right? It's not a supply issue of chips. It's actually the fact that I don't have warm shells to plug into": Source in substack
https://infinityhedge.substack.com/p/the-7-days-2cf
Mon:
*Hong Kong financial summit from 3 to 5 Nov.; Goldman’s Solomon, Morgan Stanley’s Ted and BlackRock’s Larry & Citadel’s Griffin will speak
*U.S. Gov shutdown enters its 34th day (On Track to be longest in history)
*Saylor expected announce another BTC purchase
*U.S. ISM Manufacturing PMI
*Palantir Earnings
Tue:
*U.S. court will hear arguments for Sam Bankman-Fried’s appeal (a new trial or reversal of conviction) at 10am ET; If the panel of judges gets deeply involved with the hearing that may be a sign that it is considering whether to order a new trial OR if hearing is short & quick means court affirming the conviction
*Monad timeline/Tokenomics something expected ?
*AMD, Super Micro Earnings
Wed:
*U.S. Treasury quarterly refunding: Treasury (likely keeping guidance unchanged)
*U.S. October ADP employment report, ISM Services PMI
*US Supreme Court hears arguments on the legality of about 60% of Trump’s tariffs (IEEPA)
*Robinhood, arm, qualcomm earnings
Thu:
*Tesla shareholders will vote on Musk’s $1 Trillion pay package
*Samourai Wallet devs Sentencing 11am ET
Fri: China Gold Reserves this week
TBA/Whole Week: Worldwide Oct. services & PMIs, U.S. Gov data expected to be delayed due to the shutdown, All eyes will also be on whether U.S. lawmakers can agree to end the shutdown, & Investors will be looking for any evidence of weakness in the labor market or evidence that inflation is slowing to increase Dec. rate cut odds which has dropped to 50% from 99% after powell’s presser.
ICYMI:
*Earnings Beats Almost Across the Board for Mag 7; S&P 500 Reporting Double-Digit Earnings Growth for 4th Straight Quarter, last time the S&P 500 reported 4 consecutive Q's of double-digit earnings growth was Q1 2021 through Q4 2021. Analysts believe S&P 500 will report double-digit earnings growth in 4 of the next 5 Q's (through Q4 2026)
*There will not be "nuclear explosions," energy secretary says on Trump's call to test weapons
*OpenAI May Target $1 Trillion Valuation in IPO; OpenAI is giving Microsoft a 27% ownership stake worth about $135B, It will also continue to receive 20% of OpenAI’s revenue; OpenAI Made a $12 Billion Loss Last Quarter.
*On Oct. 28, three new crypto spot ETFs began trading in the U.S. markets, In the coming months, more ETFs are expected to target assets that meet the new generic listing standards, potential candidates could include DOGE, BCH, LINK, XLM, AVAX, SHIB, DOT and ADA.
*Bank of Korea May Buy Gold from a medium- to long-term perspective, for the first time in more than a decade
*Buffett’s Berkshire Cash Hits $382 Billion.
*Balancer Hit by $110M Exploit (hacked for 3rd time now); Berachain validators purposefully halt the Berachain network as the core team performs an emergency hard fork to address Balancer V2 related exploits.
*MSFT CEO says "the biggest issue we are now having is not a compute glut, but it's a power. And it's sort of the ability to get the builds done fast enough, close to power. So if you can't do that, you may actually have a bunch of chips sitting in inventory that I can't plug in. And in fact, that is my problem today, right? It's not a supply issue of chips. It's actually the fact that I don't have warm shells to plug into": Source in substack
https://infinityhedge.substack.com/p/the-7-days-2cf
❤30👍3
Wrong..
TLDR just a new SEC prospectus/filling regarding ATM program of Strategy & the fact they launched new European product
sorry for providing fake bullhopium
TLDR just a new SEC prospectus/filling regarding ATM program of Strategy & the fact they launched new European product
sorry for providing fake bullhopium
😭55😁8
this next to the fact that since US open started, BTC is just getting nonstop hammered
I (hope) this is just a massive ETF outflow day and that the punishment ends in 3 hours when American markets close for the day
Usually Altcoins would be -20% not doing better than BTC
If its not massive ETF outflows, I didnt find some OG whales selling at least past 48 hrs, then its gg
I (hope) this is just a massive ETF outflow day and that the punishment ends in 3 hours when American markets close for the day
Usually Altcoins would be -20% not doing better than BTC
If its not massive ETF outflows, I didnt find some OG whales selling at least past 48 hrs, then its gg
🙏28👍21
Forwarded from infinityhedge
OCTOVER STATS: INFINITYHEDGE
*MORE THAN $45B LIQUIDATED IN CRYPTO POSITIONS
*INVESTORS LOST $10B+ IN DAT'S
*~$100M LOST IN CRYPTO EXPLOITS
*CRYPTO MARKET LOST $1T, DOWN 25% FROM RECORD HIGH
*MSTR DOWN 32%, CRCL DOWN 30%, COIN DOWN 20%, GLXY DOWN 40%
*DAT'S: BMNR DOWN 40%, SBET DOWN 40%, FORD DOWN 60% (SOL)
*ETF FLOWS: BTC +$0.2B; ETH -$0.5B
*ALMOST ALL DAT'S MNAV DROPPED BELOW 1, MSTR MNAV DROPPED TO ALMOST 1
*BTC DOWN 19%, ETH DOWN 29%, SOL DOWN 33%, XRP DOWN 27%, BNB DOWN 29%
*MOST OCT. U.S. LAYOFFS SINCE 2003
*LONGEST U.S. GOV SHUTDOWN
*S&P 500 +0.7%, GOLD +1.7%, DOLLAR INDEX +1.7%, NVDA +6%, GOOGL +16%, META -10%
*MORE THAN $45B LIQUIDATED IN CRYPTO POSITIONS
*INVESTORS LOST $10B+ IN DAT'S
*~$100M LOST IN CRYPTO EXPLOITS
*CRYPTO MARKET LOST $1T, DOWN 25% FROM RECORD HIGH
*MSTR DOWN 32%, CRCL DOWN 30%, COIN DOWN 20%, GLXY DOWN 40%
*DAT'S: BMNR DOWN 40%, SBET DOWN 40%, FORD DOWN 60% (SOL)
*ETF FLOWS: BTC +$0.2B; ETH -$0.5B
*ALMOST ALL DAT'S MNAV DROPPED BELOW 1, MSTR MNAV DROPPED TO ALMOST 1
*BTC DOWN 19%, ETH DOWN 29%, SOL DOWN 33%, XRP DOWN 27%, BNB DOWN 29%
*MOST OCT. U.S. LAYOFFS SINCE 2003
*LONGEST U.S. GOV SHUTDOWN
*S&P 500 +0.7%, GOLD +1.7%, DOLLAR INDEX +1.7%, NVDA +6%, GOOGL +16%, META -10%
😭62❤13