I’ve found something for you to believe in again.
Every day across this timeline, I see people saying the same thing:
“I just need something to believe in again.”
Everyone is searching for the next ticker. The next narrative. The next miracle chart. The next thing that finally gives them the multiple they missed the last time.
But the highest multiple you will ever invest in is not a coin.
It’s you.
Your skills. Your discipline. Your ability to learn faster than the person next to you. Your willingness to keep showing up after embarrassment, losses, doubt, failure, and the quiet little voice that tells you maybe you’re not built for this.
You are.
But belief alone is not enough.
You have to sharpen the tools in your toolbox. You have to become dangerous at the thing you said you wanted to master. You have to stop waiting for conviction to arrive from the outside and start building it from the inside.
The market can take your money.
People can doubt you.
The timeline can laugh.
But nobody can stop the person who decides, finally and fully, that they are going to improve until the result becomes inevitable.
So here it is.
Something to believe in again:
Yourself.
Now get out there and prove it.
🫡 From the depths —
The White Whale 🐋
Current Trades + Trading Thesis
This is my evolving thesis, and it has guided most of my trades over the past couple of months.
First, I’ve found a lot of peace in not making a lot of trades.
Last year, I was running a combination of scalps, swings, and long-term holds. This year, I’m finding a much better success rate by focusing mostly on longer-term holds with the occasional swing mixed in.
My belief is that the BTC bottom is in. I’ve held that view for a while now.
A few weeks ago, I ran a poll to see what everyone else thought, and naturally, the slight majority believed lower was still coming. Well I never will use "the crowd" as a sole trading signal, it does tend to be highly accurate as a final confirmation signal. When the majority believe X, Y tends to happen is often true.
My analysis on BTC had $50K as the likely bear-market bottom while we were still trading in the $110k range.
I’m sure plenty of people came to the same conclusion. I’m not some unique oracle. And ironically, that probably helps explain why the exact target was never hit. When everyone sees the same level, the market has a funny way of making sure most people don’t get filled.
Once I came to the conclusion that the bottom was likely in, I started quietly stacking BTC spot. Unlike years past, every new BTC spot purchase goes straight to cold storage. I will not be leveraging those coins as wrapped instruments in DeFi.
I also picked up a LINK bag around $8.27, which I sold in the last few hours. Not because I think LINK has no upside from here, but because the decision came down to capital efficiency.
I’ve also entered leveraged long positions on two assets.
ETH: entered between $2,200–$2,260 with roughly 4–5x leverage.
SOL: entered between $82–$85 and have already scaled out of half the position between $88–$92.
I’ve watched my ETH position go from being up $100K, back down to $12K, and then back up around $50k . For me, that doesn’t really matter. I plan on holding this position longer term. There are plenty of days I don’t even check my leveraged positions at all.
SOL, however, I’m treating a little differently.
With SOL, my strategy moving forward is more of a repeated swing play than a “set it and forget it until seven figures in profit” type of trade.
I still love Solana dearly. It’s my favorite blockchain to live and work on. But with the meme coin casino making up such a large portion of network activity, and with Solana DeFi taking some real hits lately, I’m cautious about what the next bull market high will truly be.
One could even say cautiously optimistic. But I will also not be caught dead blindly believing that SOL will set a new ATH next time around.
I badly want to see more “real life adult stuff” built on Solana. My growing concern is that Solana is being typecast in a way that may be harder to break out of than people want to admit.
And before the Solana maxis start pitchforks, relax.
I could not be more clear about my love for the Solana blockchain. But it is also okay to be honest. These are my own thoughts, after all.
Other than that, I’ve mostly just been doing LP work.
The last couple of months have been some of the most boring “work” I’ve ever done in this space.
But sometimes boring is exactly where the money is hiding.
🫡 From the depths —
The White Whale 🐋
Crypto may be the easiest financial instrument on earth to access.
That sounds like freedom. That sounds like "mission accomplished"
Then you realize there is almost no required knowledge, no meaningful education, and often not even an attestation that the person clicking buttons understands what they are doing.
In TradFi, if you want to actively day trade securities, platforms at least have to ask questions. Experience. Objectives. Risk tolerance. Financial situation. Options approval is even more gated. It is not perfect, and it certainly does not prove skill, but there is at least some acknowledgment that handing people leverage and complex instruments without any friction is dangerous.
Crypto skipped that step entirely. Permisionless finance is the goal, after all.
Anyone can show up, connect a wallet, ape into a token, trade perps with leverage, chase a KOL call, provide liquidity into a structure they do not understand, or buy into a narrative manufactured by people who are either just as clueless as they are or far more dishonest.
But we don't get to act confused about why the space has become one giant extraction machine.
The truth is uncomfortable:
The blind are leading the blind.
The predators are monetizing the blind.
And the few people actually trying to educate honestly are drowned out by paid promotions, engagement farming, and “alpha” provided by people who have no idea how money even works.
Crypto does not have an access problem.
It has an education problem.
More specifically, it has an unbiased education problem.
Because most “education” in this space is attached to someone’s bag, someone’s referral code, someone’s paid partnership, or someone’s exit plan.
Until that changes, crypto will keep pretending to be financial freedom while functioning like a casino where the dealers also write the strategy guides.
🫡 From the depths —
The White Whale 🐋
The Philippine Eagle
Also known as the “monkey-eating eagle,” this critically endangered bird is found only in the forests of the Philippines and is considered one of the largest living eagles in the world by length and wing surface area.