📹 VIDÉO - #Insolite : Pendant la coupe des griffes, une marmotte semble avoir déjà accepté son destin… tandis que l’autre panique à chaque coup de coupe. Une scène aussi drôle que totalement théâtrale.
during early days of hyperliquid, there were clearly already multiple market makers but offering a little size
cat realized am 1 of the earlier participants to reap lot of rewards so i started market taking deep into the book multiple times everyday and using my old but outdated scalping to avoid losing too much (around -400k in fees and slippage but a positive pnl netted my loss to much smaller)
2 or so weeks go by, market makers books thickened by a lot, and way more participants came
sometimes, you need become part of the financial incentive that attracts more market makers to pull up to start the fly wheel
Flood explains how so much alpha comes from just having capital when others don't
"I fundamentally believe this is where a lot of the returns come from."
"Crypto is very leveraged, crypto is very volatile, and these opportunities just present themselves where everybody understands that something is heavily mispriced but they just don't any have capital to buy."
"Like when FTX happened, everybody knew BTC was unbelievably cheap at 18k or whatever it traded down to, but it didn't matter, because nobody had capital to buy"
cashed out my 401k and started banging eastern european prostitutes since i'll never be able to keep up with claude. thanks for the solid advice citrini.
'look i know i fumbled this cycle by not selling again and i know i missed the entire metals and semiconductors and energy trade but ive been experimenting with opencla...'
'peter im getting married'