hokius pokius

This is my only holding position now. I’m $HYPE short since some days ago as you may know. $BTC just hit 62k and got rejected, nothing too ugly but uncertain territory for now. I could close this short right now and make it the 30th winning trade in a row but this isn’t the plan. Will hold it for now for the case that we revisit range lows from here (not what I expect but wouldn’t be bad for me), and the idea is to add on the way up in case we go higher. This short is still small size so I would love to get a bigger position. In the meantime I’ll take any other good trade opportunity. Like for the next trade.

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Private members clubs are back. But not your grandfather's kind. No golf. No wood panelling. No old money. Think ... Cold plunges. Saunas. Hyperbaric oxygen. Rooftop pools. Podcast studios. Art galleries. Coworking. All in one building. $500/month. Invite only. The Portal just raised $5M for exactly this in Austin. Bathhouse has $41M from Imaginary Ventures and two 35,000 sq ft thermal wellness palaces in NYC. Remedy Place. The Well. NeueHouse. SIRO. A dozen more opening or fundraising right now. The Portal sold out its Marin membership before the building was even finished. The old third place was the coffee shop or the bar. The new third place is somewhere you can cold plunge, have a real conversation, work for three hours, eat well, and catch a live set, without leaving the building. I think the private wellness club is the most interesting category in consumer experiential right now.