Aman Dave

unsophisticated market maker

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

dubai after dark

[Aman Dave @amanmdave]

a bit of sum a bit of mer

[Aman Dave @amanmdave]

this whole traveling around thing is actually kind of unreal

[Aman Dave @amanmdave]

If you don't manage your boundaries, others will manage it for you.

[rwlk @sherlock_hodles]

If you don't manage your risk, the market will manage it for you.

[Aman Dave @amanmdave]

what a privilege it is being a slave to the dream than to be ruled by survival

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

Fairly confident it happens

[John Brown @john_j_brown]

Over the next decade we will watch more than twenty players players each trying to acquire more than 5% of Bitcoin’s supply.

[Aman Dave @amanmdave]

https://t.co/PRZ3OkGElO

[Aman Dave @amanmdave]

In the next hour, our hearts beat as one. This moment holds our collective dreams in balance. The approval or rejection of the ETH ETF will decide our fate. Will we rise in celebration, our aspirations validated, or descend into shared sorrow? This hour will define our future.

[Aman Dave @amanmdave]

TIL: bitcoin halving means your NW halves, and not the other way round

[Aman Dave @amanmdave]

Someone put this 13 years ago on Bitcoin forum.

Reading the tweet below gives somewhat similar feelings.

[Picolas Cage @Picolas_Caged]

BTW my thesis for the next bear market is everything else apart from $BTC and $ETH gets nuked, BTC and ETH still suffer 50-60% drawdowns, but the final 10% of said drawdown is a daily wick that is eaten up and borderline in actionable for large majority.

My theory is ETF's have structurally changed the nature of flows into the market and with a massive tardfi TAM, BTC and ETH won't experience as aggressive downside volatility.

I think as a consequence BTC and ETH will become a flight to safety as alts complete their inevitable price depreciation of 80-90% drawdowns.

$BTC.D (dominance) will rise, in accordance with all other cycles behaviour.

As BTC + ETH rise, a new 'cycle' will emerged for alts, whereby crypto natives can rotate some of their BTC and ETH gains into *whatever new shiny thing* is available and trendy.

In short, it will FEEL like a regular bear cycle, but in reality the game has changed for BTC and ETH - forever.

This means the window in time for the average non rich person to get generational exposure to BTC and ETH is closing, very rapidly.

I really do think after ETH breaks 5 figures and BTC breaks 6 figures they won't meaningfully trade below those levels again - as in for a long enough period of time to accumulate.

IMO in this next cycle, the strategy of selling all alts into BTC or ETH and stomaching a 50-60% drawdown that will soon be recovered within 2 years is probably a much safer strategy - because your window to benefit from being early to BTC and ETH will be gone very soon.

After this bullmarket, the average individual won't be able to compete with tradfi inflows + their size.

This wasn't true of this bear market, you could have DCA BTC and ETH and have big bags right now.

In 2025 or whenever this market ends, your normie job won't be well paying enough to accumulate big bags of ETH or BTC.

Essentially, most people will be priced out of owning 10 ETH or 1 BTC.

I also believe that going forward alts will be less appealing each cycle as people just prefer the concensus trade of BTC and ETH that are guaranteed to go up due to ETF flows + because of new market participants size, you could still get 20-50% per year, with way less downside risk.

As such I think people will be less interested in altcoins.

This mimics how the S&P500 works, with basically 4-6 massive tech firms, like Google, apple, amazon, meta etc. Propping up the entire thing.

In a nut shell, the market will mature.

I'll update this thesis as time goes on 🫡

[Aman Dave @amanmdave]

what did you do, anon?

https://t.co/yhD2JM25BQ

[Aman Dave @amanmdave]

what did you do, anon?

https://t.co/yhD2JM25BQ

[Cold Blooded Shiller @ColdBloodShill]

WHAT DID YOU DO?

[Aman Dave @amanmdave]

One leg away

Folks telling me to cashout

Take a hedge

How about you take a chance?

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

unbothered. moisturized. happy. in my lane. focused. flourishing.

[Aman Dave @amanmdave]

ngl mildly euphoric

taking hedge? not even close

[Aman Dave @amanmdave]

One leg away

Folks telling me to cashout

Take a hedge

How about you take a chance?

[Aman Dave @amanmdave]

now that the euphoria is settling it,

time to go back to farming

[Aman Dave @amanmdave]

bitcoin ETF gets approved 15 years from the first ever tweet about bitcoin.

how poetic ✨

[halfin @halfin]

Running bitcoin

[Aman Dave @amanmdave]

cause i am the last of the dying breed

jumped into the water like we'll find out eventually

[Aman Dave @amanmdave]

They said take profits, i said you should learn to dream again.

Why? Why not.