PnLs like this aren’t luck
They’re tools + timing
If you’re serious about hitting PnLs like this, stop raw dogging the trenches and use a platform built for it:
https://t.co/wj5BkNWimz
Sold 85% of my spot $HYPE here at $72.
Not saying it won’t go higher, I believe it will be #1 runner of the next cycle, - and I’d love to own more coins - but judging by current sentiment, a local top is probably close.
Will DCA back in around $8-13.
The feeling when you have majority of your net worth in united states dollars waiting to be deployed after the crash that’s unfolding in real-time, first with crypto, then with equities, to make you a billionaire next cycle, as you’re vacationing in south east asia with local celebrities smoking aged cuban leaves.
Actually hyperliquid.
some are saying, 'why are you shilling $USELESS in the middle of a bear market?'
quick history lesson:
$PEPE & $BONK emerged during one of the most brutal crypto bear markets ever, shortly after the FTX implosion that many believed would set the industry back years
$TROLL more recently pumped over 1,000% in about a month, running from roughly $12m lows to $140m in yet another 'bear market' environment
i actually missed PEPE in 2023 despite catching almost every major multi-billion-dollar memecoin runner before and after it
why?
because the market conditions were terrible, sentiment was awful, and i convinced myself that 'this is probably not the environment for huge meme runs'
that mistake taught me something important:
massive runners often emerge precisely when the majority least expect them
i also had an army of people clowning on me for thinking BONK could reach multi-billions when i opened the trade around the $20m lows in late 2023 because 'market conditions were not good for memecoins'
it proceeded to run to billions within months
instead of thinking in pure black and white, here are the things that actually matter:
• narrative: there is arguably no better narrative than USELESS for this environment. bull market, bear market, manipulation, absurdity, irony... USELESS perfectly encapsulates what much of this space has become
• chart: the USELESS chart looks extremely primed for an impulsive, parabolic expansion
• on-chain activity: whales and smart money continue to accumulate aggressively despite the pullback
• liquidity: liquidity conditions are materially better than they were months ago. the recent $HYPE, $ZEC and $TROLL moves make this increasingly obvious, alongside several other aggressive pumps across the market
in many cases, the coins people are 'waiting to buy once the bear market is over' will likely already be trading multiples higher by the time the crowd finally decides conditions are safe again
i believe USELESS offers exceptional asymmetrical upside at these levels and ultimately heads to new ATHs and multi-billions
if i had zero exposure here, i would be aggressively bidding and sizing in at these levels