Co-founder and CEO @rails_xyz , CIO & Liquid fund manager @r13vc digital asset fund.
Joined August 2024
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A lot of people are about to lose a lot of money.
Satraj retweeted
Be extremely intentional with your friendships — not acquaintances, not business partners, actual friends
Try to pick high-integrity people — the right people
Invest time in those relationships
Cut or downgrade folks who are transactional or who don’t show up for you
Reallocate that time and energy to the right people who do
It's ok to be cutthroat about this, as life is the memories you create with your friends and family.
Invest in making moments.
The funniest outcome is still a massive sell-off soonish, given the futures reaction. In all seriousness, though, you really don’t want to be omega long going into the last three weeks before the midterms. Being flat lets you be a spectator rather than a player in a negative-EV environment.
Where it all began...🫡
Yesterday we closed the book on XBTUSD — the contract that started it all.
Launched on 13 May 2016, it was the longest-running perpetual swap contract in crypto. And until we are told otherwise, the longest running derivatives contract of any kind, given TradFi still trades on contracts that expire.
Let's take a trip down memory lane one last time 💔
Satraj retweeted
Trump and JD going to get smoked in the midterms.
The Clarity act vote was a precursor to the results.
Trump has aligned himself with Crypto and they will use Crypto as the cudgle to go after him.
Trump will spend the next 2 years nuking the USD, YCC to get bonds down because there is nothing else they can do.
Risk assets go up
We all know from our very bruised history in crypto that anything remotely associated with Effective Altruism is a guaranteed short.
Looks like we will get a clear view into that much awaited ETH breakout.
