Chigga

broke chigga life
rich chigga life

[Chigga @chiggachigga_]

@Stoiiic it’s a bit weird because yeah this cycle any performing alt clearly front runs btc

so the OI is going directly to those alts first

[michael @paik_michael]

bitcoin chart looks like all the noise in the past month will be long forgotten and won't matter where we're headed

won't jump the gun, but i am feeling an excitement again i haven't felt in years

the real party and fun hasn't begun

hope the warmup and practice has been good

[Unipcs (aka 'Bonk Guy') 🎒 @theunipcs]

Robinhood Chain eco bottoming the exact day i get back on X would be pretty cool, wouldn't it?

i think the ppl buying these Robinhood Chain dips right now are going to look like absolute geniuses in a few weeks/months

the best entries always look the worst in real time

all you have to do is buy the dips and HODL

[Watcher.Guru @WatcherGuru]

$1,000 invested at every major "Bitcoin is dead" call would be worth:

• 2011, Forbes: $4,922,700
• 2014, Warren Buffett: $127,400
• 2017, Jamie Dimon: $20,700
• 2018, Warren Buffett: $8,800
• 2019, Donald Trump: $7,300
• 2022, European Central Bank: $5,000
• 2023, Charlie Munger: $3,550
• 2024, European Central Bank: $1,700

[DonAlt @DonAlt]

Why wouldn't we make a new ATH?

[Chigga @chiggachigga_]

@andyyy chad

[Andy @andyyy]

I fucking love DonAlt’s swagger right now.

Dude came back after a long hiatus & aped massive size right at the lows and just relentlessly mocked all the sidelined people on CT for the last two months straight.

Unreal tbh

[Innerdevcrypto @Innerdevcrypto]

When market is extremely bullish, one wants to be careful loading into perps/leverage trades too heavily following the herd that is now finally turning bullish a bit late...

Better strategy in my humble opinion is to attempt leverage on the breakout, with sl just below it, if it breaks out, big gain, if hit sl, small loss, and slowly deleverage on the way up

Then if you are not sure if market remains extremely bullish or is ready for a correction, like right now for example, one can put profit from perps into more spot so still stay exposed but with less risk

All sounds very basic...i know...but many here do not appear to understand the basics

Again, certain charts still look fantastic imo: just some examples
zec & pump look ready for next leg up
eigen looks ready to get moving
pengu & xrp ready to push hard
aave looks great

there are more, so keep paying attention

[Mercury @TraderMercury]

crypto is gradually approaching the part of the cycle where the dumbest people you know start making way more money than you

can't wait.

[pepeXBT @pepeXBT]

2020-2025: crowd expected too much
2025-2030: crowd expects too little

[Chigga @chiggachigga_]

@TraderMorin these trend lines are so arbitrary bro

[Chigga @chiggachigga_]

@alpha_pls a problem i’m seeing right now is there are too many people who own a significant % of onchain coins

like more than 2%

and quantity of people owning more than 1% is too high too

idk what can do about this

[Aylo @alpha_pls]

One of the things I have changed my mind on this cycle is that meme coin trading is a fad or short lived phenomena.

It's not.

I thought it was a solved game, but the variance due to internet culture seems to keep the game going, alongside the addictive nature of gambling.

I am actually not a fan of gambling, and have a close family member who suffers from this addiction, but I accept that millions of people want to/need to gamble for various reasons: entertainment, desire to elevate one's station, desperation, boredom etc.

The lottery has atrocious odds, but it is the gambling game that the majority of the world have played for almost the last 100 hundred years. If you add up the combined sum a regular person has lost in their life playing the lottery is significant. It is kind of like a tax on poor people.

The internet + blockchains have enabled digital slot machines/lottery games in the form of infinite token creation. The dopamine hits that come with this form of gambling are the strongest of any gambling game imo.

No matter how much you hate this it is simply not going away.

You now have many ways to invest in the underlying infrastructure related to this form of internet gambling. Last cycle the cleanest proxy was SOL.

This time around you have launchpads with differing mechanisms that allow the game to be played in different ways.

Some are more aligned with their holders than others, but all are seeing rising interest and adoption metrics.

Other opportunities remain in the private markets like FOMO, but they possibly may airdrop one day who knows.

The activity will ebb and flow with manic peaks and big lows as the the flows are carried by speculation seen in other areas of the market, becoming more liquid as wealth trickles into onchain gambling.

Again, hating on this is futile. You are better off ignoring it if it bothers you. Gambling is big business in the real world, and there are extremely profitable businesses in that sector.

Everyone loses on slot machines in Vegas, and yet the people keep coming back to play them with the hope of hitting it big one day.

There is a lot of total bullshit happening with KOLs, and bundling etc. I am not condoning that at all. And I steer away from that completely, and encourage you to do so as well.

Redacted people are going to do redacted things even though they actually know they are being robbed and scammed. You can't stop this.

You don't have to speculate on a single individual memecoin coin, and I actually don't think it is +EV to do so.

But it's clear there are going to be giant onchain internet gambling infra winners here, and you can capture that opportunity if you want to.

[Chigga @chiggachigga_]

@DonAlt there are still bears on my timeline bro

[Chigga @chiggachigga_]

@bagsheera at this point you’re a counter trade signal

[Chigga @chiggachigga_]

@Alejandro_XBT you’re retarded

[Chigga @chiggachigga_]

it’s time to send hyperliquid to $120

i’m long

[Innerdevcrypto @Innerdevcrypto]

As a sign of encouragement

If someone like me:
- not really interested in trading
- average intelligence
- does not even spend that much time behind a screen
- who took years to learn a serious inner practice when young and hence have some emotional discipline

can still do very well in this market thanks to:
- that emotional discipline
- basic trading skills
- putting in the hours, focus, honesty
- getting the intuition and experience after some years of trading

so can you....really

just saying, don´t give up too fast

[Mayne @Tradermayne]

$BTC

We are now trading above the weekly MSB level, assuming the weekly closes above the high, we'll have a confirmed market structure shift on the weekly time frame.

If you are stressed about missing the bottom, consider that last bear market ended the same way with a weekly MSB.

That weekly MSB occurred at $22,700, at which point BTC was already 50% off the lows. We are right around that same distance off the lows right now.

Flipping bullish at $22k last cycle was still very EARLY all things considered.

You're focus should be to continue to build out your allocation on dips between now and the end of the year.

GLHF!

[insomniac @insomniacxbt]

the best trades over this entire year were all consensus.