How to blow up 101 : Holding onto a losing short. INCREDIBLY dangerous Your brain will block you from cutting it once the negative uPnL gets large enough And that's where the real trouble begins... Because the size of your losing short is increasing as you are already deeply underwater Truly a recipe for disaster And a pair trade can lead to this outcome if the short leg goes very wrong Always favor survival over anything else, anon 🫡

A treasury company on $BTC is a clever way to outperform BTC A treasury company on an altcoin is a way to make short-term gains with a very high risk of the vehicle going to zero in the long run

Flip flop flip flop

"If I had to choose between preserving my fund's reputation and pocketing $25M, I'd pick the money too 😂" Don’t worry bro, you’ll never be in that position 😭

CT is still freaking out about Saylor and calling MSTR a ponzi Yeah, I think BTC is fine here

You must really have zero shame as a fund to buy $100M of $PUMP at the ICO and then sell it all in a week for a +25% gain

Crypto-natives are looking to "de-risk heavily once the market gets too hot" Bitcoiners are looking to accumulate as much BTC as they can at any price There are virgin assets and there are chad assets, choose wisely

On this dip, does it feel like people are scared and looking to reduce their risk, or are they boldly "buying the dip in a bull run" ? I'd say the former Which is better to see if you have a bullish bias

That $117k level is heavily defended on $BTC I'd like to see a higher high + higher low on LTF now The 45k BTC are still sitting in Galaxy Digital wallets and the stack is not decreasing, not sure if these will have to be sold or not Risk-on szn should not be over yet

A 2021-vintage SPAC formed to buy biopharma companies announced in May it wanted to be the MicroStrategy of ENA. Here we get to see the terms (next tweet)