DJ Schuld

Managing Partner @ HODL group

[Reform DAO @ReformDAO]

What does 'healthy market' actually mean?

Consistent spreads across trading hours. Depth that absorbs normal-sized orders. Volume that reflects real interest, not manufactured activity.

It means: traders can enter and exit without moving prices dramatically. Investors see stability, not manipulation.

Healthy markets attract participants. Unhealthy markets repel them.

[DJ Schuld @DjSchuld]

No worries. Thx to you and @dr_ericberg I’m already for 10 years in a healthy position.

100% IF, and 75% low carb food. Low on alcohol. No processed food, and a lot of veggies.

Lost 14 kg. And I remain on this weight with no effort.

Seriously not difficult to get this habit in your lifestyle and system.

Recently started with a long IF (5 days). Not easy to do but afterwards I felt great.

Blood values are more than perfect.
And I did not take any medication for years (not even paracetamol).

Just a story from someone who found a great balance in life by finding both of you on YT (and now following X as well) by following your advise.

My appreciation is huge.

[Reform DAO @ReformDAO]

How often should your market maker communicate?

'We'll be in touch' isn't a communication plan. It's a red flag.

Define expectations upfront, because silence during critical moments is expensive.

[Reform DAO @ReformDAO]

Market making isn't trading.

Traders try to profit from price direction. Market makers profit from facilitating trades.

Different goals. Different risk profiles. Different infrastructure.

[Reform DAO @ReformDAO]

GM Reformers!

Still here. Still transparent. Still community-owned.

No drama. No hype cycles. Just infrastructure doing its job.

Boring is so underrated.

[Reform DAO @ReformDAO]

Market making isn't about predicting prices. It's about maintaining infrastructure.

Roads don't care where you're driving. We don't care where markets move.

We just make sure the journey is smooth.

Professional execution. Transparent operations. Consistent presence.

[Reform DAO @ReformDAO]

Professional market making involves:

Showing up during volatility, not just calm markets.

Maintaining depth when it's expensive, not just when it's easy.

Adjusting strategy as conditions change, not running the same playbook forever.

Amateurs optimize for marketing screenshots.

Professionals optimize for sustainable liquidity.

We're not here for the highlight reel.

[DJ Schuld @DjSchuld]

@MargaBult2025 @telegraaf Context is everything…. Heb ik vlg mij al vaker gezegd. Framing en misleiding blijven de ingrediënten van de gevestigde media……

[Reform DAO @ReformDAO]

Accountability changes behavior.

When community can verify every trade, quality improves.

When profits are shared, incentives align.

When operations are transparent, trust builds.

Being watched makes you better at your job.

That's not a burden. That's an advantage.

[Reform DAO @ReformDAO]

We didn't set out to build a market maker.

We set out to fix what's broken in market making.

Opacity. Extraction. Misaligned incentives. Zero accountability.

The solution wasn't incremental improvement. It was structural change.

Community ownership. Transparent operations. Shared benefits.

[DJ Schuld @DjSchuld]

@Kuhr_Bialic Hele gave band uit Den Haag… nog shows mee gedaan.. draai hun muziek zelfs soms nog….

[Reform DAO @ReformDAO]

Quick reality check:

Month 1: Everyone looks good.

Month 6: True quality shows.

Month 12: Only professionals remain.

We're not here for launch hype. We're here for sustainable infrastructure.

Projects need market makers who stay. Not tourists.

[Reform DAO @ReformDAO]

Most market makers operate like black boxes.

We operate like open source infrastructure.

Real-time dashboards. On-chain verification. Community governance.

Not because it's easy. Because it's right.

Transparency isn't a feature. It's the foundation.

[Reform DAO @ReformDAO]

Order books influence behavior.

Deep buy support? Confidence increases.

Thin sell walls? Traders see weakness.

Wide spreads? Everyone waits.

Managing liquidity means managing perception.

Numbers on screens drive human decisions. Professional market makers understand this isn't just about fills and prices.

It's about what traders see before they decide to trade at all.

[Reform DAO @ReformDAO]

Month 1: Everyone's excited. Volume looks good. Community engaged.

Month 3: Hype fades. Volume drops. Market maker's true value shows.

This is where most market makers disappear or phone it in.

This is where professional relationships matter.

Sustainable market making means maintaining depth when it's not exciting, adjusting strategy as markets mature, and being present when attention moves elsewhere.

Launches are easy. Months 3-12 separate professionals from noobs.

[Reform DAO @ReformDAO]

Our algorithms process millions of trades.

Our team makes the decisions that matter.

When to adjust spreads during volatility. How to handle black swan events. Whether to increase depth before major announcements.

Automation handles execution. Judgment handles strategy.

Anyone claiming "fully automated market making" is either lying or gambling with your liquidity.

[Reform DAO @ReformDAO]

Some market makers promise exchange listings.

They can't deliver that. Exchanges make listing decisions.

What professional market makers CAN do: maintain relationships that open doors. Provide the liquidity metrics exchanges require. Execute professionally so exchanges trust your token.

We don't promise listings. We make you listable.

Different thing entirely.

[Reform DAO @ReformDAO]

Everyone says they provide liquidity.

Few explain what that means.

It means: when someone wants to sell 100K tokens, there's depth to absorb it without 40% slippage. When buyers arrive, spreads don't gap 10%.

It means: consistent presence across trading hours, not just when it's convenient.

Real liquidity requires capital and attention. Infrastructure, not just automation.

[DJ Schuld @DjSchuld]

@Kuhr_Bialic Mooi ❤️

[Reform DAO @ReformDAO]

Exchanges pay rebates for volume.

Some market makers realized they can farm rebates without actually providing liquidity.

High-frequency trades. Minimal depth. Zero real service.

Your project pays fees. They collect rebates. You get delisted.

Aligned incentives prevent this. We profit when you succeed long-term, not from farming exchange programs.