Excited to share my experience and insights on the differences between bootstrapping and VC-backed approaches to running a company on my profile. Let's start a conversation on the best path forward! #entrepreneurship#bootstrapping#VCfunding
🚨 NEW PRODUCT ALERT!
#MetrixTrack is now live! 🤝
You can track performance of your Opened & Closed positions and see historical data with ease.
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Our Hyperliquid Strategy: Spot Tokens & Farming Points
Part of our Directional SIP is allocated to spot tokens and narratives that could be future market leaders, and the Hyperliquid Ecosystem is one of them.
Hyperliquid (@HyperliquidX) originally started as a perpetual decentralized exchange (perp DEX) and has become one of the best product-market-fit protocols in crypto, allowing traders to trade various assets with leverage without needing to KYC.
As they prepare to launch their custom Layer 1 (L1) and continue distributing points to users, we’ve been actively trading on HL to both accrue points and be ready to capitalize on opportunities within their spot token ecosystem.
Assuming HL launches at just a $1B fully diluted valuation (FDV), a point could be worth anywhere from $2.5 to $9.8, depending on how much token supply the team decides to airdrop. With the capital within our Directional SIP, it kills two birds with one stone to trade perps on HL for points while growing our capital via smart positioning.
Hyperliquid moon math (column made by @GreenGeorgeEth):
Initially, we were using HL just for leveraged perp trades. However, when we noticed $PURR bottoming out around the $0.125 range, we began to allocate funds heavily into $PURR.
As we began to receive small airdrops of other HL spot coins due to our $PURR position, we decided to diversify further into the ecosystem.
Our choices focused on the HL token strict list:
• $HFUN: https://t.co/wLMUSKR56Z - the go-to sniper bot for HL spot coins.
• $JEFF: https://t.co/Wh3n17neqw - a memecoin named after Jeff, the founder of HyperLiquid.
• $POINTS: https://t.co/7PTfrs93cw - another memecoin referencing HL points, with the deployer keeping no allocation for himself.
And today, our initial capital of $557,237 on HL has grown to $902,521, with a PNL of over $345,284 in the past 15 days.
TL;DR:
• We're heavily allocated to HL in our Directional SIP for leverage trading, point farming, and spot ecosystem plays.
• We’ve positioned heavily into spot HL tokens to reap points for their upcoming TGE.
• We’re up over $300k on HL thus far and remain bullish on their ecosystem for further growth.
Digits DAO is NAV VIP 🥳
We have commited a large portion of our treasury to NAV and are in good hands.
Looking to check out NAV?
It's invite only, so here's a code: DIGITSDAO
See you on the inside 😎
1/ Imagine an exclusive, invite-only, regulated crypto hedge fund led by traders with a proven track record.
That's NAV.
Today, we're opening deposits for our Structured Investment Products (SIPs)!
It's time to give you the big news...
Deposits for NAV SIPs will be opening up on June 18th!
If you'd like to access the combined power of our full team of analysts and traders through our Structured Investment Products (SIP)...
Your time is coming soon!
Deposit into NAV and:
- Start earning points from the 18th from our Season 1 of NAV points
- Be able to enter NAV SIPs with your deposits the moment they open up next month on 1st July
PSA: the deadline to submit your deposits to enter NAV SIPs is 25th June before our SIPs can be entered on their first epoch.
So prepare your funds, and get ready to jump on board with NAV SIPs...
Are you ready?
1/ 🧵 "Cut your losers fast and let your winners run." This old trading adage is not just about risk-to-reward – it's a powerful life lesson.
Here's why being able to cut bad trades quickly and change bias decisively is crucial for success, both in trading and in life. 💡
1/ 🧵 Alright, let's talk about trading, risk management, and thriving in the markets. I'm Digits, and I've turned 100K into 7M during a 2-year bear market for @digitsdao.
Here's what I've learned along the way...
🎉 Major milestone achieved! NAV is now approved as a regulated Segregated Portfolio Company (SPC) fund in the British Virgin Islands.
This puts NAV in the same category as @BlackRock's new Digital Liquidity Fund, providing strong investor protections & oversight. 🔒
If Ethereum or any other alternative coin flips #Bitcoin, I will never talk about cryptocurrencies ever again, because it would just prove humanity is not worth my time.
- sunnydecree, 2024