Consolidated all of my onchain holdings into hyperliquid:native , ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 , and robinhood:0xaa07a0e9209e16ac99708c3ec70159c6ef3128a3 Hype and LIT thesis is self-evident, orbio is more of a gamble. I'm thinking about it like the venice of robinhood, and I don't think robinhood chain is dead (yet).
$LIT was at like $2 when I posted this Still holding btw.
You see a bubble I see an opportunity
Yo what the FUCK is happening with $NVDA right now https://t.co/I6W5HzWDjH
for as much as everyone loves to meme on Jim Cramer, I am also so confused as to why $META gave back all of its gains in the opening bell. Genuinely so confused as to what the market is pricing in here
So basically, the only two options for this week are NVDA earnings deliver and it's a scam pump into everyone taking profits -> everything wicks down Or NVDA earnings disappoint and we go straight to hell Yah ok buddy
Insane we're still so early
- long unitree-ccxi to hedge my mu long - long tobacco stocks to express lagging bullish view on MRNA cancer news (this is crazy btw and will have long-reaching societal impact) - long Chinese AI because they don't have any of this NIMBY "no datacenters in my backyard" mentality. If the CCP deems your land to be datacenter land, it will become a datacenter. I think generally what we're seeing is that the bottleneck for AI is no longer becoming the raw "intellectual capital" which already you could make a case that America has a tenuous lead on vs. China, but rather the actual physical buildout/supply chain. Think there is a lot of alpha still in being bullish the Chinese analogs of stocks that have had eye-popping rips. As such, I am bullish CXMT (Chinese MU/SKHY/SAMSUNG, understanding CXMT competes in NAND and not HBM). But still looking for the Chinese analogs of, say, the neoclouds or the boring data center buildout equities.
I tweeted this in jest earlier but honestly Lighter looked good here. Robinhood partnership at a time when rbhd is getting a lot of mindshare, plus general directional hedge with my hype bags. seemed like a no-brainer.
I see pieces like this all the time, and yet all the houses in my neighborhood are still steadily climbing. I think what we're seeing in houses is what we're seeing in the rest of society: a bifurcation in the haves and have-nots, with a decimation of the mean. What I mean by that is, the rich neighborhoods with good school districts, amenities, proximity to historic landmarks, proximity to economic activity, etc. will continue to rise in price, while neighborhoods that have none of those things will continue to go to zero. One of the most nonsensical things to happen in the past few decades was the continued markup of homes in neighborhoods and towns where there should have been no markup (read: <third-tier cities and various suburbs across the USA). So, I sincerely welcome corrections like this, but I worry that the losses will be felt in parts of the market where there were relatively fewer buyers, while the parts of the market where there is outsized demand we won't see a correction in prices. Which makes sense, I guess, I mean supply and demand dictate prices and if demand is sky high while supply is basically constant, then why would prices go down? All this to say: just because you "feel" like prices should go down doesn't mean they will. A catalyst needs to drive prices, whether that be more housing units (unlikely), boomers vacating their properties and listing on the open market at fair prices (unlikelier), or a different catalyst I am not mentioning.
