Tieu Truong 🦇🔊

@playriftbound enjoyer

want to do something at @NostalgiaFDN

ex-contributor @arbitrum @Starknet

[Tieu Truong 🦇🔊 @KnaveCrypto]

Got lucky and pulled full-foil tokens from my first Secret Garden gift box.

The connected art is so cute.

[Vishal @Vixhal]

crazy how you can be rich, famous and unknown at the same time

[Vladimir S. | Officer's Notes @officer_secret]

https://t.co/jEZhG3wlXn

[0xngmi @0xngmi]

The new DefiLlama subs take the money that you deposit (and can withdraw anytime) and earn yield on aave with it

So if you're paying a subscription of 5$/mo and deposit 600$, your subscription is now only 2.5$ (rest is paid by yield)

If you deposit 1.2k, it becomes free

[Tieu Truong 🦇🔊 @KnaveCrypto]

@monad_xyz 0x08d5930A560Fa3C8120817C7aE859fA25434d786

[Arthur Hayes @CryptoHayes]

The plan:

Be fucking patient. $BTC likely bottoms around $70k. 36% correction from $110k ATH, v normal for a bull market.

Then we need stonks, $SPX and $NDX to enter free fall. Then we need TradFi muppet to go under.

THEN we get Fed, PBOC, ECB, and BOJ all easing to make their country great again.

THEN you load up the truck. Traders will try to buy the dip, if you are more risk averse wait for the central banks to ease then deploy more capital. You might not catch the bottom but you also won’t have to mentally suffer through a long period of sideways and potential unrealised losses.

[sigma^2 @SigmaSquared_]

A coffee trader is convinced that the price of coffee beans is about to skyrocket. He calls up his broker and places an order for 500,000 coffee futures at $1.20 per pound.

Sure enough, two weeks later, coffee futures surge to $2.10, and feeling confident, he doubles down, buying 1,500,000 more contracts.

A month later, with prices now at $3.80, he decides to go all in, liquidating other assets to acquire 5,000,000 more coffee futures.

By the end of the quarter, coffee futures hit $6.50, and he calls his broker to cash out his massive position.

The broker sighs and says: “Sell them to who? You’re the coffee man!

This has nothing to do with coffee

[smac @0xsmac]

https://t.co/uFNo7hIPD0

[Res @resdegen]

A thread on Portfolio Management, Execution, & Psychology to level up your game.

8 mental frameworks to cut through the noise and become a sharper, more focused, and structured trader 🧵

[Tieu Truong 🦇🔊 @KnaveCrypto]

@Wang_Cryptonite Always, broccoli

[Tieu Truong 🦇🔊 @KnaveCrypto]

What mistake did I make in 2024, and how foolish was I?

[Tieu Truong 🦇🔊 @KnaveCrypto]

I share these thoughts on Twitter not only to remind myself of the lessons learned but also in the hope that my friends can steer clear of similar pitfalls.

Love you all, good luck.

[Tieu Truong 🦇🔊 @KnaveCrypto]

3) Sold a lot of @BEANZOfficial in the bear market at ~0.2E for leveraged trading with liquid tokens (1.75x), but my judgment was wrong, and I incurred compound losses.

[Tieu Truong 🦇🔊 @KnaveCrypto]

Upon reflection, I realize there were many missteps along the way, but they didn't leave much of an impression on me, so I haven't mentioned them.