Closed the position -40%
What a stupid stupid idea
Solana looking way too strong, never short in a bear market
A lot of money to be made in perps though, going to try just copy trading the onchain goats
I should've done this earlier but I'm short $PUMP at $0.0038
- Token buybacks peaked at $1.5M in August and are down ~40%
- Increased competition from Fomo, Robinhood, and Stonk
- Their current workflow has basically just been "wait for innovation, then spend to catch up" and it hasn't been too effective.
Ex: People just prefer Fomo to the Pump App, and their attempts to take Stonk market share have largely been ineffective
Downside here is I get completely rekt shorting in a bull market (very possible)
Looking to exit at $0.0033, liquidation price $0.0043
Clemente crashes out after finding out a memecoin he bought got vamped
"I did everything right. Bought the right coin, and 3 days later someone launches the same ticker on Solana"
"The Solana coin goes up 10x while the Robinhood one I bought goes down 50%
Everyone is saying this is the cycle of "buying the tokens of products you use"
But doesn't Zcash directly violate this narrative?
Who actually uses Zcash???
If every criminal just uses Monero, isn't it just better to buy $XMR instead?
I respect the Zcash pump a lot
I just genuinely don't understand it 😂
Everyone is saying this is the cycle of "buying the tokens of products you use"
But doesn't Zcash directly violate this narrative?
Who actually uses Zcash???
If every criminal just uses Monero, isn't it just better to buy $XMR instead?
I respect the Zcash pump a lot
I would never short this btw
And I think it's probably going to do another 2-3x from here
Just genuinely trying to understand why one privacy coin is better than another
I had a discussion last week with @KrutzkyTrades about trading for "aura" vs PnL
His argument was unrealized PnL gives you more aura than realized PnL
I couldn't disagree more (
The only number that matters is the one that happens after you press sell and lock in the gains
"SpaceX is a low float. high FDV stock. "I've traded coins like this for years in Crypto."
"Elon Musk is bullposting this. He's the greatest KOL in the world"
Narrator: Thev did not know how to trade this and lost money
I was down tens of thousands of dollars on my $HYPE position for months
People were begging me to sell, that it was going lower, etc
Now the same people telling me it was going lower are doing victory laps claiming they bought the dip
Welcome to crypto twitter😂
What's the upside for Dip Wheeler for any of the trades he takes?
Did it with fartcoin, testicle, and now butthole
Does he have side wallets that he sells on
I've followed him for like a vear on X and I don't understand what his goal is or why people copy trade him