last week close green & nice follow thru so far this week

Next R to clear: 72-73k & we’re good to fly

$BTC 🥇

TL,DR: all in on memes is a -ev trade. my port allocation. & reflections on the markets.

closing in on 20X here. entry <700sats

block stats showing all $PEPE holders are in the green.

usually this means selling urge/pressure, but memes are never abt the fundamentals.

someone pm and ask if I ever regret not putting BTC money into Pepe.

tbh I hv only 1% allocated to memes. & dats spread btw a few.

I hv >90% in BTC, and the remaining 9% are combination of usdt, exchange coins, new launches, plus a no of trending coins for quick swings.

I think the difference lies here—whether you’re a punter looking to throw a few K’s in, strike a jackpot & retire with 1 trade, like the many KOL stories you’ve read on Twitter or IG.

or you’re a portfolio manager actively allocating your funds, navigating the crypto space looking for higher than average returns.

coming from a sensible trading/investing perspective, one can all in on BTC logically as a fiat alternative w finite supply;
but it’s hardly justifiable to all in on a random meme coin with no intrinsic value or fundamentals.

even if you bet correctly on one & turn 10k into 1M, then 1M to 100M,…etc; you only need one which goes to 0 to reset your acc balance. and chances you’ll get hit by at least one of those. all in all, a -EV plan (only its full of excitement & adrenaline rush)

after all, in the markets, you always choose what you want.

Profits or excitement?
consistent lasting returns or stories of you know back then when I 1000x dat coin?

market is free which makes it all so attractive & destructive as a free will haven.

And it’s a traders lifework to exercise constraint & build & stick to a working +EV system amidst a vast ocean of freedom & passing shiny opportunities. ✨

#memes
#thoughts
#TraderLife

Bitcoin ETFs now collectively hold >1,000,000 🥇

~5% of $BTC total supply

market has been whispering about a potential sellside liquidity crisis (market runs out of BTC to fulfill trades)

when I look at the chart, we were sideways…

something doesn’t add up — either demand yet to be priced in, or spot prices are being suppressed like GLD vs physical gold.

I hv a lot of Qs 🤔

vacay mode on~
hv high conviction we see a new $BTC ath, by the time I’m back in July. 🤞

folo ig how ima gonna spend my trading profits ;p
cheers! 🏖️🏰🏔️

$ZRO
interested in 2.0x-2.4x area, boxed.

both areas are abt the lower 1/3rd of first candle spike. my conservative entry for new coins, among other factors.

these infra coins are abt the only few coins I’m looking at besides BTC for this cycle. memes of coz, but they are only my 1%.

#backinaction ⚡️
#infra

$BTC
retest my 3mth old blue box.

spot short avg 69-70k
buyback avg ~61k

+12.5% free💰for my spot bag

#btcspot
#btchodl

$BLAST
3mth TVL has been strong (mostly thanks to airdrop anticipation)

how they retain the liquidity in their ecosystem is key.

full stack chain

I do like his vision of a full stack chain, huge IF able to deliver.
— link to interview

this is a scalp project for me. got like 2000+ airdrop, not a lot.
my invite link if you wanna farm: blast.io/XCYNA ✨

$USDT
mktcap ~30X since plan’demic money printing

numbers don’t lie 🚀

even today, there are still ppl who shunts from anything BTC/crypto, quietly unfren, un-sub, dm to reiterate their BTC target of 0 whenever btc is downing, or when SBF SVB CZ cases make news (surely no DMs when btc & my networth soaring), or say I’m jz lucky I was in early… 🤷🏻‍♀️

heard this from a very very smart trader I know:

“you can never force someone into making money”

true and true. am still learning this.

many times I’ll still do this tough job of convincing close frens, fam, or strangers like you to at least hedge fiats to BTC.

when you’ve done this unpaid service enuf, you’ll truly realize 逼人赚钱难.

When the idea we bet on doesn’t come from within us, it’s REALLY tough to hold through market turbulence till the idea comes to fruition.
Plus, going against the crowd is counterintuitive to human biological & psychological need for group affirmations.

Independent decision making, is such an underrated skill in the trading biz, & in our society.

So much so, many who rush in unprepared are royally surprised by the weight of their newfound freedom in the financial markets—having to be responsible for whatever they decide to do & has dat quickly & undeniably reflected in their acc P&L!

Unsurprisingly then, many cry fouls, or start telling others trading is a scam, & quickly choose to outsource the decision making part to their favorite brokers, bankers & fund managers. Even then, they refused to see dat brokers/bankers/FMs
get paid by their charged fees, not from trading the markets.

now do you still believe following tips or copy trading can make you rich? 🫧📌

Only KOLs who want clout post flavors of the day/week, so you come back & bring them traffic everyday.

I mostly post on fundamentals, macros, trading mindset, psychology, thought process. I feel these are the more important elements in trading.

Cheers! —jk 🥂

#cryptofundamentals
#tradingpsychology