smileycapital

notion about my future/current positioning, risk-profile, exposure and most importantly [for readers] - my posts, considering things have changed a bit for me;

I no longer have to chase the next 100x or even 10x - I understand a lot of you likely do - and that's ok

trades, that I almost never even post anymore - I'm fine with booking 10-25%

longer term positioning - I'm fine with a 50-200%

I'm perfectly fine missing out on a move - my life expenses are taken care of for quite some time to say the least - I don't NEED to make money from the markets every month or quarter

what I'm NOT comfortable with, is losing up to 25-50% with size

to reiterate - I'm no longer the 2022-2023 Smiley that has the catch every move, short every top, long every bottom, rotate to every narrative on the timeline

I'm way more defensive now as I understand that's the best way to reach the next level in my journey - due to that, my risk-profile likely differs from average market participant - average reader of my posts

thanks for understanding and have a wonderful week ahead

you thought we were gonna blast to 200k during illiquid summer after 3 months of up-only?

patience will pay tenfold here

time spent rejuvenating your mind is time spent well

time spent slightly observing markets, researching coins, looking for outliers and early performers - is also time spent well

don't chop yourself, unless you're a godlike scalper

enjoy summer

y'all need to know when to put the foot off the gas or whatever the saying is idk

alts are going down until further notice

when I yelled at 75k that it was bottom, most ppl ignored because of tariffs or w/e was relevant back then

now when I went defensive, secured profits, likely around their entries - they attack me personally

some of you depend way too much on CT anons

disappointing look.

highly unlikely bull is over [<5%], personally just went defensive as I sniped 75k, next play for me is either/or/and;

- Iran resolution
- Data pointing to Fed cut
- BTC firm ~110k break

I understand the frustration of many that were unable to buy 75k and/or in wrong coins

skill issue.

alts look so trash that if BTC doesn't pull everything upwards in the next week we're very likely getting 2024 summer chop

maybe that was it for now, very underwhelming we only went from 75-110k, you practically had to snipe the bottom with me or you made no money

observing

my Ethereum/Solana post might've been misconstrued as 'anti-Solana' or 'anti-casino';

don't get me wrong - we're all gamblers here one way or another

I was referring to quality products and institutional adoption Ethereum provides - simply put, how +EV it is for the crypto industry - more than Solana

I like Solana, I use Solana - to be completely transparent, this cycle I've made more money on Solana chain than on Ethereum - and I don't think that's going to change anytime soon - casino flywheel in full effect

Solana isn't going anywhere, most of it is +EV for the industry - I just don't see a world where she replaces or even rivals ETH when it comes to impact on global crypto adoption

Solana shouldn't be 'Ethereum killer' - if not for the blatantly obvious reason that she would miserably fail at that, then for the glaringly obvious, simplistic reason that they inherently differ as ecosystems

Ethereum is a digital real-estate, a digital 'land' to build on, our chance at digital industrialization, complete adoption

Solana should aim for your average user experience, scalability and ease-of-access to the global digital casino where little Timmies of the world can hypergamble their way out of rats race

I believe anyone comparing the two is already using the wrong approach from the get-go - and that was the entire point of the post

apples and oranges - and I believe it should stay that way

I used to prefer Solana over Ethereum, as the 'shiny new toy' concept paired with simplicity, speed, convenience and basically free TXs - seemed +EV for crypto as a whole.

I wouldn't say my stance shifted entirely, but I'm beginning to understand real adoption, improvement, institutionalization, use-case and quality fundamentally sound products are all being built on Ethereum.

Solana has turned from a fun new concept to a glorified casino - Las Vegas of crypto sphere. ~1% make money, ~99% end up broke, retarded and with an STD.

real products are on EVM and I don't think anything ever changes that.

this is not a hate post against Solana - its usage is very clearly defined, albeit constrained by perpetual diminishing quality of crypto 'products' and use-cases.

Solana opens the crypto world to your regular hypergambling retail user - Ethereum opens the crypto world to entities operating on a sophisticated level, allowing for institutional acceptance.

Ethereum is a gateway to REAL crypto adoption in the world - a digital real-estate; just like Bitcoin is a gateway towards the digital store of value.

putting Solana in the same basket, ever, is simply put, wrong.

BTC dictates when Fartcoin intergalactic top is in - not exchange listings

the longer the post about a memecoin of all things - the larger the allocation

crypto twitter as war emerges after months of tariffs

timpul meu este

50% conturi antisemite care sărbătoresc bombardarea Tel Aviv-ului

50% vorbind despre Fartcoin

asta este cum arată un timeline de performanță maximă

precizie chirurgicală în ceea ce privește curarea listei de urmărit

studiu.

piața este clar optimistă și dorește să crească, în special activele beta

nimic nu s-a schimbat fundamental sau din punct de vedere al momentului, cu excepția tensiunilor geopolitice severe

cu excepția cazului în care avem un război nuclear pe scară largă, caz în care avem preocupări mai mari decât monedele digitale;

scăderile sunt pentru cumpărare.

frate, o să facem atât de mulți bani vara asta, încât e nebunie

și să ne gândim că Q4+Q1 ar trebui să fie, de asemenea, sezonier optimist

îmi amintește de vara DeFi 2020?

ce-ar fi dacă am avea o creștere atât de lungă încât să fim obosiți fără să glumim

tipărind din ian '23 deja mă obosește

nu pot să-mi imaginez încă ~6 luni

have been talking about ETH relative mispricing since the 75k bottom

I will continue to - this reminds me of 2021 where ETH has periods when it literally carries the entire market higher

as I said - that time of the cycle is close, perhaps already here

cu CB adăugând Fartcoin - restul T1-urilor vor urma

cu recunoașterea deja stabilită în retail - este destinat să devină MEMECOINUL pe Solana

performanța superioară față de Bonk, Trump, Popcat va continua;

fără KOL-uri, insideri, cabale, susținători plătiți - spre deosebire de altele

💨

interesting political developments between Trump and Elon

how does this affect my Fartcoin bags?

ETH trimite -> PEPE trimite -> MOG trimite

de fapt, este foarte simplu

nu, dar, voi, chiar nu înțelegeți evaluarea relativă greșită a Ethereum în acest moment

Am spus asta la 2k$, o spun din nou la 2.5k$

în sfârșit a venit acea perioadă a ciclului financiar - fie că se materializează într-o lună, un trimestru sau 6 luni, este irelevant