LetMeLive
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LetMeLive retweetledi

during early days of hyperliquid, there were clearly already multiple market makers but offering a little size
cat realized am 1 of the earlier participants to reap lot of rewards so i started market taking deep into the book multiple times everyday and using my old but outdated scalping to avoid losing too much (around -400k in fees and slippage but a positive pnl netted my loss to much smaller)
2 or so weeks go by, market makers books thickened by a lot, and way more participants came
sometimes, you need become part of the financial incentive that attracts more market makers to pull up to start the fly wheel
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@GwartyGwart @inversebrah Rule 1 was every prediction is a love prediction if you love predictions
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if I was at this bus stop I’d be like Jesus, how serious was rule number 1?
Kalshi@Kalshi
Rule #2: No death markets. Not in the U.S. They’re illegal.
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There’s so many vcs I couldn’t figure it out till later in life when I started to see how the sausage was made and the path is ever more clear
1. Rich parents LP a fund
2. Child goes to school needs job is slotted at said fund since parents are Lp
3. Child does some time and then starts own fund
4. Rinse repeat forever
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