deon
13.5K posts

deon
@trdr_deon
discipline sharpens edge - probability rules the trend • life is a bull market • @the_anons_
Katılım Ağustos 2021
690 Takip Edilen3.9K Takipçiler
deon retweetledi

Free weekly newsletter with different ways of approaching the market from Magus, Doc, Mercury, Charlie and myself.
No noise. Concise thoughts.
There have been some great plays mentioned in this.
All you need is an e-mail to sign up (do it right now) and also follow cookbook.
CookBook@CookBookSauce
New COOKBOOK out now Magus — Doomers everywhere Doc — How I caught the swing short from 75k Charlie — This is telling me to sit out Stoic — Prove me wrong Mercury — Hanging by a thread Read below 👇
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i'm pleased to announce i am joining bonkfun as an advisor
my story in this space started the same way a lot of yours did. i was stuck. job i hated, same grind every day, barely keeping up financially. since i joined in 2021 i've documented my journey publicly on x, the small wins, the losses, the moments that changed everything. this space gave me and my family more than i ever expected, and that journey is how i built the following i have here today
the past few months have been rough for sentiment across the space. it's not just the market, the environment itself has felt off
bonkfun is building with traders in mind, and that means a lot given where we're at
my role is to stay close to the community, give honest unfiltered feedback to the team, and help good pairs find their footing on the platform
this is a role i'm genuinely excited about. i'll still be in the trenches every day, still trading everything like i always have. just with a chance to influence things for the better 🫡
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deon retweetledi

When I first entered crypto, the most common advice I heard (and still see echoed a lot) was some variation of "don't chase the pump, be patient, don't sell conviction bags for narrative, etc." The narrative is always that one should remain patient while other coins are pumping, and that your chosen coin will have its turn eventually. This is wrong. It’s framed as a test of discipline, where "chasing green candles" is the ultimate sin and holding a stagnant bag is a mark of a "true" investor. This mindset treats the market like a waiting room, assuming that if you just sit still long enough, your number will eventually be called.
Looking back, I find this to be the most horrible advice. By prioritizing "discretionary conviction" over Relative Strength and momentum, you are essentially deciding that your personal judgment of a project’s value is more reliable than the market’s immediate, objective feedback on something much simpler. It asks you to ignore the momentum and trend staring you in the face in favor of your subjective story. In reality, the coins that are leading the charge are doing so for a reason. If you trade momentum/trend only you don't even have to care about that reason all that much. Instead of waiting for a laggard to wake up, a more effective approach is to identify what is actually picking up speed. Quite the opposite of "don't chase the pump".
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There’s nothing quite like owning an @SolanaMBS PFP.
The first-ever PFP collection on @solana, and your front-row seat to the ecosystem.
Only 5,000 ever.
If you know, you know. If you own, you own.

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Person A has $125K which has been sitting comfortably in a bank account for 5 years now.
Person B had $3M, but this is now reduced to $1.5M due to market volatility and taking risks in the market.
Both started with $100K 5 years ago.
Your normie friends will say person B is living the riskiest life of them, but if you really think about it, it's actually person A that has the riskiest life because he is letting time erode the value of his money.
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@toly lived it all 🤝
x.com/i/status/16085…
vitalik.eth@VitalikButerin
Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future. Hard for me to tell from outside, but I hope the community gets its fair chance to thrive🦾🦾
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