Larp Capital

Bet more.

[Larp Capital @Larp_Capital]

@stoicsavage Admin forgetting the golden rule

Respect the pump

[Larp Capital @Larp_Capital]

@stoicsavage fr

[Larp Capital @Larp_Capital]

The fact that these pre-IPO markets trade on some arbitrary price without a clear indication of the valuation anywhere on the UI is a terrible design decision tbh

Maybe it's buried somewhere in the docs, but either way, not ideal

I still remember on the day of listing there was confusion because no one knew what val it was trading at

[Larp Capital @Larp_Capital]

@ParadisLabs Appreciate the insights as always @ParadisLabs

Any views on $INTC here sub $100?

[Larp Capital @Larp_Capital]

@Evan_ss6 And yet somehow the apes on Hyperliquid found a way to lose more money on the latter kek

[Larp Capital @Larp_Capital]

@tmnxeq https://t.co/93XkRoZcJj

[Larp Capital @Larp_Capital]

@thedefivillain Shorting STRC here at ~97 seems like pretty good R/R tbh, in case we get a bigger unwind

STRC perps are on Lighter and funding is flat (but liq is terrible)

[Larp Capital @Larp_Capital]

@thedefivillain Shorting STRC here at ~97 seems like pretty good R/R tbh, in case we get a bigger unwind

STRC perps are on Lighter and funding is flat (but liq is terrible)

[Larp Capital @Larp_Capital]

@mewn21 Mewny, that's a name I haven't seen since peak DeFi days in 21

Welcome back ser

[Larp Capital @Larp_Capital]

@0xSisyphus I know a guy that unironically thought $MU was shares of Manchester United, and longed each time they won a game

He probably outperformed all of us

[Larp Capital @Larp_Capital]

I wasn't referring to BTC tho, BTC will be fine in the long term whatever ultimately happens with Saylor

But the entire complex of products MSTR has built, when simplified to their core, rely on the underlying thesis that the BTC CAGR can justify their existence in perpetuity, so him being forced to sell BTC to backstop them would essentially invalidate their raisin d'etre

[Larp Capital @Larp_Capital]

@0x_Kun @thedefivillain If they sell a single BTC the whole jig is up, it's extremely naive to think otherwise

And this nothing to do with the impact of the actual sales, however marginal they may be, but the signal that it sends to the market

[Larp Capital @Larp_Capital]

@awawat fcb 1d 200ema (soon)

[Larp Capital @Larp_Capital]

It was clear after 10/10 (and had been for quite a while prior to that if you had an ounce of introspection) that this entire market was a dead man walking

All that remained were vultures trying to extract increasingly sparse pickings from an ever more shriveled corpse

So a ruthless washout like this isn't remotely surprising, in fact it's the necessary first step if crypto is ever to be a healthy market again

Lots of doom on the timeline today as one would expect, and rightfully so

But if you look past the emotion, this is the first time in over 2 years we're seeing prices for BTC that are actually interesting to allocate at, bereft of any delusional short termism that has defined this market since the day Trump won and the so-called "golden age of crypto" commenced

Scaling into spot BTC buys for the first time since 2023, from here till mid 40s (FWIW I don't think we go that low)

Godspeed 🧘🏻‍♂️

[Larp Capital @Larp_Capital]

The bad news - It's going to suck for a while

The good news - You'll eventually get absolutely generational entries on $BTC and $HYPE

“The soul learns joy only by first tasting despair.”

[Larp Capital @Larp_Capital]

@INArteCarloDoss

[Larp Capital @Larp_Capital]

@0xJezza No traumatic life experience for the rest of life will ever compare to hodling Vechain down -99% in 2018 because it was the "Ethereum of China" and a guaranteed 10x lmao

[Larp Capital @Larp_Capital]

@KAIZ3NS Buying HYPE at the BTC levels you outlined is arguably the kingmaker trade of the "next cycle"

SOL circa 2023

[Larp Capital @Larp_Capital]

@0xMerp Moot question

Because neither is going to happen

[Larp Capital @Larp_Capital]

@thedefivillain The best way to play XPL is to not trade the token, and simply farm the Plasma lending vault with size

~8% token denominated yield at current prices, lowest risk exposure to any potential future upside in the price

[Larp Capital @Larp_Capital]

@AviFelman @GwartyGwart @KemonomichiNL Probably your worst take of all time tbh

50% tax is literal daylight robbery

You can get all of that for 0% tax in places like Dubai and crime isn't "negligible" but literal zero (as it should be)

[Larp Capital @Larp_Capital]

The bad news - It's going to suck for a while

The good news - You'll eventually get absolutely generational entries on $BTC and $HYPE

“The soul learns joy only by first tasting despair.”