Some Crypto Tips and Insights Firstly, while I believe we're in the early stages of the echo bubble, it's crucial to take profits during times of alt euphoria. Shorting, P/L screenshots, and other altcoin-related activities are tempting, but it's essential to stay level-headed and avoid becoming overly attached to any one particular asset. In crypto, staying impressionable is key. As narratives evolve, those who resist risk getting stuck on the sidelines and becoming exit liquidity. It's best to be like water and adapt to the changes in the market. In traditional finance, it's challenging to gain an information edge in an efficient market. However, in crypto, being early to narratives/liquidity rotation is a mix of timing, luck, and information edge. To gain an information edge in the crypto market, it's crucial to follow the right accounts, be in the right discord or telegram groups, and focus on providing value in a specific niche so that you become irreplaceable. News trading is becoming increasingly difficult due to bots and scraping tools that can act faster than human beings. Therefore, it's best to be early to narratives, think like larger accounts, and wait for them to promote your asset, providing you with liquidity. If you're reading this, you've been through the bear market, squeezing water out of rocks. Don't forget why we grinded through it and why the juice is worth the squeeze. When it comes to macroeconomic factors like inflation, it's best to largely ignore memes like "recession" or "inflation." Most of them are self-fulfilling prophecies. For example, if you think car price inflation will be higher in the coming months, you may buy the car earlier to front-run, leading to an inventory shortage and ultimately inflation. However, politics of inflation may shift to politics of recession in 2023, making it a deflationary year. Finally, international factors like Europe's 80% cut in Russian gas imports and a 20-25% total gas consumption cut without crushing aggregate activity are worth noting. Be wary of project teams and VCs who have been quiet during this impulse move up. They may return to their grifter ways, looking to create exit pumps when retail investors return to the market. Remember, staying impressionable and critical thinking are not mutually exclusive. In conclusion, watch the world around you with glittering eyes because the greatest secrets are always hidden in the most unlikely places.

12 червня було оголошено, що модульна інфраструктура Self Chain завершила перший етап основної мережі та переходить на другий етап. На цьому етапі було введено дві ключові події: міграція токенів FRONT на SLF та можливість участі в застейкінгу для власників SLF.

За інформацією Gold Finance, за даними моніторингу Lookonchain, DWF Labs інвестувала 2 мільйони USDT в FRONT 29 вересня 2023 року, і 2 дні тому було розподілено 20 мільйонів SLF (24 мільйони доларів), нереалізований прибуток склав 22 мільйони доларів (+1100%), токен FRONT буде перенесено в SLF в співвідношенні 1:1.

[2/2] Different Types of Narrative [1] The News Trade [Short-term] The focus of the News Trade is usually on short-term trading and front-running a one-time news event, rather than holding a position beyond it. Shorting opportunities on lower time frames may arise after the news is released. For instance, the announcement of a partnership by Avalanche led to a 4% movement. [2] The Flavor of the Week Trade [Long-term] The Flavor of the Week Trade typically involves a high time frame [HTF] and centers around a prominent coin that garners significant attention and consistently outperforms other assets. This strategy often involves buying the dip [BTD] depending on market conditions, and the most critical aspect is determining the ideal exit point. For instance, $APT$ serves as an illustration of this trading approach. [3] The Correlation Trade [Short-term and Long-term] The Correlation Trade can occur on either a lower time frame [LTF] or higher time frame [HTF]. Traders who use this strategy avoid longing coins that have recently experienced a pump and instead search for correlated assets that are likely to follow a similar trajectory. These coins are usually in the same "basket." The crucial factors for success in this approach are speed and selecting the appropriate assets. For example, $AXS$ into $GMT$ represented a typical instance of the Correlation Trade. [4] The Catalyst Trade [Long-term] The Catalyst Trade operates on a high time frame [HTF] and centers around news that can be front-run, such as catalysts or unlocks. Unlocks are not always bearish, and technical upgrades are not always bullish. The key factor in this strategy is to examine the market's risk appetite. For example, $dYdX$ v4 is a well-known instance that continues to rise significantly, while $MAGIC$ represents a bullish unlock. [5] Additional Tip Although there is more complexity to the process, categorizing each trade has substantially aided me in determining how to tackle them. It is essential to have a well-defined strategy and maintain discipline. Remember, it’s a marathon, not a race.

BofA Steady Results Bank of America [BofA] reported steady financial results with average loans flat QoQ and NII above estimates. Sales & Trading was up YoY, driven by FICC, while Equities was down YoY. Combined spending was up YoY, and risk-adjusted margin decreased QoQ. CET1 increased QoQ, and BofA remained above their required minimum. Deposit growth had an average balance down YoY. The HTM book improved but remained in a loss position. BofA beat estimates on higher fees and had a lower loss provision. However, deposits were down, and investors were likely not satisfied with BofA's performance on the deposit front.