can boil down trading into a few things
1) knowing when to trade / when not to
2) knowing what setups are gold
3) sizing
4) knowing how to hold / cut losses
5) iron stomach
prob can master 1 or 2 a year, become super goated in a few years
next stop low 100k, alts get bloodied
last stop 93.5k, alts back to all time lows and if we go any lower you can just pack your bags and leave town on the next bus out cause it’s fucking over
The following post is from Hyperliquid Labs
Hyperliquid Labs is committed to the advancement of defi and its promise in delivering a more open, transparent, and efficient financial system for all. As a contributor to the Hyperliquid blockchain, we believe in defi’s ability not only to meet but to exceed the demands of modern financial markets.
In this spirit, Hyperliquid Labs submitted two comment letters to the United States’ Commodity Futures Trading Commission (CFTC) in response to its recent Requests for Comment on perpetual derivatives and 24/7 trading. We commend the CFTC for its proactive engagement on these topics, understanding of which is fundamental to the evolution of global markets. We believe that Hyperliquid exemplifies how core defi principles can be put into practice to enhance market efficiency, market integrity, and user protection.
Supporting defi in the U.S. with open dialogue and a clear regulatory framework is an opportunity to ensure the U.S. remains a leader in financial innovation while robustly protecting users. Hyperliquid Labs, alongside the broader Hyperliquid community, is committed to being a constructive partner in this journey. We thank the CFTC for its leadership in exploring these critical market innovations and for the opportunity to contribute our perspective.
A massive misunderstanding about the market is the idea that it's you vs. the market which is almost entirely false imo.
It's you against the part of you that always wants more.
First we’re gonna run the highs then we’re gonna run the lows then we’re gonna run the highs then we’re gonna run the lows then I’m going to kill myself
CNBC did an interview with @novogratz and he was asked about altcoins:
+ New ecosystems need strong narratives
+ He used Hyperliquid as an example: a decentralized Binance that transparently uses exchange profits for token buybacks
+ Note: Galaxy Digital owns HYPE
Hyperliquid
One of the biggest errors i see most people make regarding “self improvement” is to ask those who are naturally good at the thing how to get good at them.
People who are naturally good at stuff have no idea how to get better at them. They were born good at it.
If you want good advice that might actually help you, you need to find people who had the same problem as you and then solved it.