Flood

If you assume that every asset will be traded on chain and it will be a significant % of global volume, rationally, if you cannot become rent seeking infrastructure, or an exchange you should rationally spend all your time and capital on building a front end that connects all relevant products and venues. If you love Rust and love finance Join: @fullstack_trade

Every asset in the entire world will, in some form, be traded on chain.

It's never about knowledge it's all about practical application of said knowledge. You get paid in markets to understand things better than other market participants but you cannot realize this edge unless you actually know what bet to place.

"i notice a lot of people's crypto portfolios are very inflexible." flood runs a family office trading crypto full time. this is how he actually structures a position, and it's the opposite of how most people hold one. "for a hype position, we will typically have a default spot t.co/yXJrr9JkPf

"one night, smoke emanating from under a bridge.. went down & tent was on fire.. open it, there is a paraplegic homeless melting inside.. extract him, his arm fell off when I grabbed it.. mexican hobo who 'digs for gold' & does alchemy confessed cuz it was his 'mining' area..." t.co/enf55XqdMe

Finance is the best industry ever because you don't have to care what someone thinks about you. There's no Machiavellian politics. There's little bureaucracy. The only thing that matters are returns. Is your PnL higher than it was at the start of the year or not. You don't have to like me but you must respect my performance. I don't care if you think I'm a good person, or an asshole. My returns speak for themselves.

There should be a general acceptance for dead crypto companies to buy BTC with their treasury and distribute out it out to token holders and gracefully wind down. It's fine for them to keep 10% or some nominal amount for the team/equity owners. Stop normalizing dead capital.

"i notice a lot of people's crypto portfolios are very inflexible." flood runs a family office trading crypto full time. this is how he actually structures a position, and it's the opposite of how most people hold one. "for a hype position, we will typically have a default spot t.co/yXJrr9JkPf

open.spotify.com/track/2ISUiwj…

@whalecalls ok x.com/ThinkingUSD/status/20901…

Miss the vibe of decent size decent signal trading community

Repeat after me. It’s not profit until you’ve withdraw the Bitcoin, off exchange, into your cold storage. Up until that point it’s all unrealized PnL.

You just know people are going to be pissed when Bitcoin God candles because everyone lost the art of banking profit to cold storage BTC.

x.com/based16z/status/20921065…

It would be ironic for an Admin that was seemingly in total control of financial markets to rapidly lose control on a random summer week in August.

The reality is regime changes happen very slowly then suddenly all at once. Bond Market: "How did you go bankrupt?" USA: "Two ways. Gradually and then suddenly." The United States has been insolvent for some time but this has never mattered, until suddenly it does.

Stanley Druckenmiller tl;dr: Bitcoin to infinity

Why has btc not gapped from 80 to 90k in a single 4h candle yet?

Equities will all come down to NVDA earnings this week Exciting!

Interesting to see Anthropic open at $1.96T market cap. Rumors are roughly around $2T, expect to see this deviate quite a bit as we get closer to IPO. Only place in the world to speculate on Anthropic today, all on @HyperliquidX with markets operated by @entropyIO x.com/ThinkingUSD/status/20919…

Liquidity for $BTC is 1.41X more liquid on @HyperliquidX compared to @binance x.com/degennQuant/status/20918…

Bitcoin...?

Max pain is Bitcoin up, Altcoin momentum down

Admin really going ALL in on this Iran conflict

From people in the industry who are in the application process, which HFT firm has the best interview process and why?