Whitey@TraderWhitey
$HYPE - Today I'm doing something I never thought I'd do again (since starting trading 5 years ago), something that most (and even myself) would say is retarded. I've decided to allocate 100% of my port to $HYPE for I'd say around the next 12 months, I can't see it being any sooner but again I will cross that bridge not when but IF the time comes as I strongly doubt it will. (The dip may not come and if not it's up only from here, I just think it has the highest chance rn before we do go up)
I could honestly give you at least 20 reasons why I'm doing this but a few just off the top of my head are:
1. The strength over the last 12 months from the top 25 is insane. It's up 200% whilst most are down if not up 10-50% (there's only 10 others and most are up 10-20% out the top 25, not 200 like Hype is)
2. I've had this thesis for ages now, literally ages and have shouted to the heavens about this outperforming EVERYTHING ELSE and it's playing out and keeps playing out as expected.
3. Pretty much all / most of the marketshare for all DEX volume and for revenue is the highest outpacing $ETH, $SOL and the rest of the big boys.
4. The chart is the best.
5. The fundamentals are the best.
6. I've spent hours (I overlay this cunt ALL THE TIME) overlaying this over all my highest conviction plays and again the chart is the best / looks like it will outpace the rest.
7. Oh and lastly, no one is even talking about it. Literally the biggest gainer and strongest coin for months, literally nearly years lol and it's sat at No.10, the silence is deafening. Bang on 12 months ago it was sat at No.27 and has been slowly climbing like an assassin ever since.
I've QT'd this on a post where I was wrong on the timing and technically the Wave count but now that the larger Running Flat has played I'm confident this is the actual count. For a while I've said this will be the $SOL of this cycle and the 'institutional alt coin', I still strongly believe this. Also I'm not saying $HYPE will get to $2k, it might but this is just a drawing for now. I think it follows the path pretty closely though and I strongly believe it will exceed $1k in the next 2 years however.
I've done this before, I've tried to hold 100% of it or 50% 3 times over the last 12 months and failed because mentally I physically can't do it, today that changes. Years ago when I first started I got burnt bad from holding 100% of my port into 1 asset, I tried it multiple times and since then the only coin I've tried to do it with it $HYPE itself. The issue was they weren't to the caliber of $HYPE and I didn't know what I was doing. Psychologically I've gotten mixed up with what has happened prior to what could happen in the future. See, if I'm investing into crypto why would I hold vapourware when I can hold something that has real value. If this falls to shit I'm almost certain everything else will as well so the risk for me holding 100% of $HYPE is actually in reverse.
This isn't a post convincing myself or you into buying $HYPE. I just like to say it how it is and put my dick on the line because quiet frankly I don't give a fuck if I look smart or stupid, I speculate and tell you what I'm doing with full transparency. I've made my bed and I'm going to lay in it, imo it's simply going to outperform almost if not absolutely everything. (I've said that sentence for 12 months now and that isn't bullshit, I've just not had the bollocks to do anything about it)
I also want to leave you with this: What do big players buy and have been buying since the dawn of time / when stocks ever came about? or anything in that matter. They buy assets that generate revenue, have clarity that removes risk and has utility, it's as simple as that. The only thing $HYPE doesn't have (as of today) is clarity and could be seen as a bit of a risk to larger players but tbh grayscale filed an S-1 (it's own ETF) last week and should be listed on the Nasdaq as $GHYP whenever that launches, again not an if but when.
I'll come back to this in 12 months to see how this has done, hopefully better than 95%.