SillyPunts

@3rdStCapital

Battling it out in the perps arena.

[jez (equity perps era) @izebel_eth]

jokes aside, going to sign off on this note before going to bed:

im one of the bigger crypto believers i know, and these past six months have tested me like no other bear has, mainly for the fact that i don't see any easy way out/reason it'd turn around quickly

people are leaving who wont come back right away, capital continues to choose better opportunities with more certainty, dat overhangs will cast a long shadow

and thats coming from a position of strength, spot/cash - those who believed on leverage or picked the wrong coins are going through worse trials

its going to get worse before it gets better

but it will get better, it always does, theres a finite supply of btc in an infinite money printing world, and some day in the next year after leaving and not paying attn those people will realize btc is 80k again, and if it can survive saylor it can survive anything

[SillyPunts @SillyPunts]

@lordjorx @CurveFinance Interesting

[SillyPunts @SillyPunts]

@liquidtrading oO

[SillyPunts @SillyPunts]

@NathanWorsley_ euphoric

[SillyPunts @SillyPunts]

And that is most people. Hence a massive drop in daily user count. Only the minority will stick around and try to figure a strat out.

@NathanWorsley_ Your addressable market ain't the ones who have a strategy. That is just the minority.

/3

[SillyPunts @SillyPunts]

The reason why perps always pull people back into the game despite losses because they win from time to time. That does not happen with Euphoria.

Like you risk $10 x 5 to win like $2? Only to lose -$10 for missing the next one?

Anyone without a strat would tilt.

/2

[SillyPunts @SillyPunts]

@hlitoroy @baglord69 LUL

[フ ォ リ ス @follis_]

I've spent a lot of time in the "valley of disappointment"

It's the most dangerous part of your trading career because it feels like you are making zero progress. All you wanna do is give up

But when the results start coming and everything starts to click

There is no better feeling in the world

[SillyPunts @SillyPunts]

@NathanWorsley_ Can you launch more servers around the globe please? Some of us are seeing errors like your connection is too weak to our servers in Japan.

[SillyPunts @SillyPunts]

@PieschFlo @breakoutprop @BrightFunded Ggwp

[SillyPunts @SillyPunts]

@spicyofc Would love to give it a shot

[Linda Raschke @LindaRaschke]

If you stay 100% technical, you will quickly see that news does not matter 95% of the time.

[SillyPunts @SillyPunts]

That is why we must always act based on probabilities.

[Traders Confessions @TradersConf]

I was a quant at a HFT firm for 5 years. The things I've seen would make retail traders never want to trade again. The amount of information asymmetry between institutional and retail is not something most people can even comprehend

[SillyPunts @SillyPunts]

Job market is so cooked I just got a job piloting remote demolition drones for @megacorphq

[ZachXBT @zachxbt]

1/ Welcome to the Circle $USDC files.

$420M+ in alleged compliance failures since 2022, including fifteen cases of the US-regulated stablecoin issuer taking minimal action against illicit funds.

[SillyPunts @SillyPunts]

@zachxbt Nice work ser. Much needed.

[SillyPunts @SillyPunts]

Finishing this at rank 4.

@Euphoria_fi

[フ ォ リ ス @follis_]

Best trading advice I can give you is to stop getting caught up in daily and weekly results

Focus on monthly, quarterly, and yearly returns instead

You are playing a long-term game with long-term goals

The result of a single trade doesn't matter

The result of 1000 trades does

[フ ォ リ ス @follis_]

Small wins add up

Impatient traders always wanna 10x their stack in a few trades

Patient traders know this is a quick way to blow up

Focus on repeatable setups and incremental returns

Because those small additions to your account will quickly compound into something bigger