DSV | The One Man Fund

Nobody would give me a fund, so I'm building my own • Ex-options structurer • My own money • Fully public — every test, every bug, every drawdown • Not advice.

[DSV | The One Man Fund @theonemanfund]

$ENA is by far the best (and easiest) DAT hype to long. Let me explain simply:

1) Biggest Fund Raised Impact DAT in Crypto:
$ENA DAT (@stablecoin_x) has raised over $895m to buy ENA.

- That is ≈16% of circ. market cap. That’s the same as raising $350bn for BTC and $83bn for ETH.

2) ENA Has a Put to Protect Price:
The buy schedule for the $ENA DAT is:

- $5m per day if $ENA >$0.70
- $10m per day if $ENA <$0.70, or $ENA is down >5% in a 24h period.

See you at $1.5

[G | Ethena @gdog97_]

Excited to see a successful follow on raise for StablecoinX of ~$530m which represents roughly 14% of the circulating market cap of $ENA.

To put this into perspective, this raise is the equivalent of:
i) Saylor raising ~$300b to buy BTC
ii) Tom Lee raising ~$75b to buy ETH
iii)~2x the circulating supply purchased with cash in the last raise

The Ethena Foundation retains a veto right on any ENA sales by StablecoinX.

[DSV | The One Man Fund @theonemanfund]

Charts tell me it’s nearly time to go finishing again

[DSV | The One Man Fund @theonemanfund]

I don’t care what you say about the #ZEC bug, at $250 you just have to have at least a 50/50 probability their was minimal fake ZEC minted.

[Rex @R89Capital]

You can look at the ZEC chart to get a little preview of what will happen if Bitcoin doesn't address the quantum risk

[DSV | The One Man Fund @theonemanfund]

I give it 2-6 weeks till everyone flips from equities back to trading crypto. The casino spikes are starting to become too enticing

[DSV | The One Man Fund @theonemanfund]

Think it’s time to come back. Feeling ready to share my latest builds, views, and progress through this AI x Crypto maze.

[DSV | The One Man Fund @theonemanfund]

About that time again $BTC

[DSV | The One Man Fund @theonemanfund]

This is where generational wealth is won or lost… strap in ladies and gentlemen.

[DSV | The One Man Fund @theonemanfund]

@SuhailKakar Me please

[DSV | The One Man Fund @theonemanfund]

@Crypto_Tengen Man’s pitching a copy of $PAXG or $XAUt like he’s discovered fire.

[DSV | The One Man Fund @theonemanfund]

We launched tokenised equities in South African and even that had low volume uptick. This is a country who struggle with access to U.S equities and uptick should be good. I think the real reason is it’s harder than you think to get traditional equity investors and equity traders to move to crypto platforms to trade equities (they see that as added platform risk) and would rather trade crypto on an equity platform that equites on a crypto platform.

[DSV | The One Man Fund @theonemanfund]

@CryptoHayes Man doesn’t spit or swallow

[DSV | The One Man Fund @theonemanfund]

I don’t know - S&amp;P 500 seems fairly valued to me.

Still yet to clear 2020 all time highs

[DSV | The One Man Fund @theonemanfund]

👀

[Cointelegraph @Cointelegraph]

🚨 NEW: DefiLlama to delist Aster perpetual volume data over integrity concerns, citing Aster's trading volumes almost perfectly correlated with Binance.

[DSV | The One Man Fund @theonemanfund]

What if it’s actually not UP-tober?

[DSV | The One Man Fund @theonemanfund]

@reisnertobias @mlmabc Ever get an answer to this?

[DSV | The One Man Fund @theonemanfund]

Potential Buy: $PUMP

Don’t like the coin due to the cult like cash grab streamers but if regardless real fees and subsequent token buybacks are still holding up during this slump - good sign of use.

Chart:
- consistent bull div’s showing slowing downside momentum
- second MA indicator showing significant change from downward momentum
-first MA indicator still awaiting significant change from downward momentum then it’s go time.

[DSV | The One Man Fund @theonemanfund]

Completely agree with this take - worth a read

[Mike Ess @Mike_Ess_]

Sold 60% of my $Aster today and rotated into $BTC and more $XPL after listening to CZ on Spaces

Might end up being a mistake, but I’m in solid profit and wanted to derisk. Went in with size, and my gut told me it was time to trim

Not ruling out re-entering lower. A Binance listing still feels likely, and if CZ continues to talk about it, momentum could return.
But for now, I’m comfortable with the move

Main reasons I sold:

First, CZ’s tone during today’s space. He seemed to distance himself from Aster. Some say it’s optics or 4D chess maybe. But I trust my gut over a bias crowd narrative

Second, the trading experience on Aster just isn’t there

If you’ve used HYPE, then switched to Aster, you know exactly what I mean. It feels slower, less polished and just copy paste

The PNL isn’t accurate, in fact it’s WAY off on 24hr and all time. Volume numbers aren’t showing up either

The more capital I have on it the riskier it feels and I can’t withdraw BTC to the native BTC network, something HYPE already supports

It feels early stage and rushed and just needs serious product work

Most of the Aster community never touched HYPE. If you did, you’d instantly feel the difference

It’s not just aesthetics, it’s performance, trust, and experience. All of it matters

Bull case for Aster is still alive. It has a massive, cult like community and possibly deeper ties to CZ

That’s why I still hold a portion. I’m not out entirely

But if CZ stops talking about it, HYPE wins hands down

XPL outperforms in Q4 with less risk involved IMO

At the end of the day, this is just my read.
Could be wrong, but I size into conviction, and I trim when things feel off, and today something felt off

And now the price is down quite a bit from where I sold, and it only feels like confirmation

[DSV | The One Man Fund @theonemanfund]

Anyone else’s timeline filled with useless KOL’s with zero knowledge full bull posting $ASTER and $APEX? Like they’ve just discovered fire. Mate $DYDX was doing this for years $HYPE more recently and they actually execute in blockchains. You raving over a CEX with smart contact for deposits and withdrawals - incredible find - keep up the life changing research

[DSV | The One Man Fund @theonemanfund]

@AntoineRSX Old video mate because apex pro is done

[DSV | The One Man Fund @theonemanfund]

@X7H___ $aster still needs to prove itself with a L1 that works - $APEX seems to be just a hype flow for now with no airdrop program to drive trading volumes