A lot of talk about liquid funds today. As a fund manager in the crypto world for 8 years, I am intimately familiar with the game. Managing a fund introduces tremendous psychological pressure to outperform which most cannot handle and end up underperforming. A good trader can be destroyed by becoming a fund manager. I’ve seen it happen many times. Luckily, in my career, I was good for eight out of nine years. I beat Bitcoin for 8 years. 9th I lost. And so I left my post when I felt the grip slip. Returns have dramatically improved for my personal portfolio. With all of that said, sympathy for those who LARP is limited. Although I understand you can’t show weakness and raise capital, maybe you shouldn’t raise capital if you lost the touch.

BTC is trading near all time highs But when is it time to derisk? @woonomic @jvb_xyz

Full episode with @woonomic out now! We discuss: - Trading BTC cycles - Onchain data - Where's liquidity flowing? - The rise of crypto derivatives - Who's moving 80,000 BTC? - Where are we in the cycle & more! Timestamps: 00:00 Introduction 01:33 Where Is Liquidity Flowing? 09:24 Ads (Kraken OTC, Katana) 10:47 How To Track Market Cycles 18:00 The Growth Of Crypto Derivatives 23:56 Where Are We In The Cycle? 33:00 What Indicators Should You Use? 45:35 Ads (Kraken OTC, Katana) 46:58 Trading Bitcoin Cycles 53:18 Who’s Moving 80,000 BTC? 59:16 How Useful Are Onchain Indicators? 01:06:18 Final Thoughts Links below ↓

$META has been my largest equity position since 2023. I think Zuck's AI strategy/endgame is pretty clear: 1. Develop leading-edge open source AI 2. Bleed permissioned AI into a state of money-losing irrelevance or niche use cases 3. Llama becomes the new Andriod 4. Meta owns some platforms outright (Ray-Ban), owns the AI operating system underlying everyone else's platforms 5. Meta's experiences become so hallucinatory (and the embedded ads become so valuable) that people just straight up succumb 6. Welcome to The Matrix, where humanity spends the majority of its time. Meta will 2-5x before 2028 and 10x by 2030.

dang, we're almost at 10k subs on YouTube time for a rebrand?

Decided to do 1000x There's a deeper look into the alt-season warm up here using the @swissblock__ framework which tracks liquidity flows in crypto. Also why you should de-risk when capital coming into BTC goes insanely high.

.@AviFelman needed a day off, so we recorded with @woonomic instead! We tried to figure out where this rally tops off. It was fun, and technical.

This is genuinely cool. projects can now know ground truth about their MM’s bid/ask liquidity. No more guessing. This execution environment will eventually evolve into crypto’s first dark pool

Gonna have to re-follow all the NFT accounts now.

“What is the end game of these treasury companies?” Shut up. We ride to Valhalla.