1 month left in 2024 to achieve greatness:

- Put in as many hours as possible
- Set a profit goal
- Set a max amount that you're willing to risk
- Identify your best setups and focus on that
- Double down on strategies that work best for you
- Focus on quality over quantity

The market won't stay like this forever, capitalize on it while you can

Why you're losing money:

- Chasing hype
- Ignoring risk
- Refusing to cut losses
- Overtrading
- Oversizing

Consistency builds success

You'll never be able to control the market

Sometimes your thesis could be 10/10, but the market simply rejects it

Master the things you CAN control:
- Your entry
- Your exit
- Your risk
- Your position sizing
- Your ability to cut losses
- Your emotions

Trading is a probabilities game

Do everything you can to maximize your odds

The best advice I can give you is to never rely on anyone but yourself in this space

- Learn to manage risk
- Learn to wallet track
- Learn to read on-chain data
- Learn to spot narratives
- Learn to spot patterns

Your ultimate goal should be complete independence

Learn to trade confidently on your own, without depending on anyone else

How to maximize your money-making in crypto

1. Major conviction bags -> $BTC , $SOL , $ETH
- Consider these your long-term holdings
- This is where you make money (mostly) stress-free

2. Memecoin conviction bags
- High-risk long-term holdings
- Established memes above $100m market cap

3. Degen bags
- Gambles/shitters that you trade on the daily
- Quick in-and-outs
- At the end of the day stable 50%+ of your profits

4. Stables
- The whole point of milking the bull market is for you to increase your stable stack
- Your number one priority is to make money
- You won't be holding the majority of these shitters in 6 months

Take profit along the way & enjoy the ride

Stop overthinking

- You only have a couple of seconds to make a decision before others find the same coin
- Trust your instincts
- Pre-determine your risk tolerance
- Be decisive

The most important aspect for a coin to perform well is if the meme/narrative is actually good

Get rid of analysis paralysis

Kittens always keep their promises.

We’ve started slowly and accurately supporting the loudest communities, who showed respect and support to $KHAI in the world of memecoins! 🐱💥

Welcome to #Kittenhaim 🤝
apeonlysol

$KHAI holders will be able to claim coins soon.
Airdrop functionality is in development.

Now read the most important part ⬇️
🚨🚨🚨🚨🚨🚨🚨
Disclaimer:
❗️We’re not promoting or shilling❗️
Only Kitten Haimer takes the risks.
If the coin fails, we lose — not the kittens.

dYAuJmhKaXhF9GVPdV3RS5ScexQdNGZ3GikFMcksdeF

Want to be a successful trader long-term?

1. Don't blindly follow calls
- Be able to make your own judgement/thesis on coins
- Don't rely on others, you're the only one who can pull the trigger

2. Your biggest asset is your circle
- Find people to grind with & talk to on a daily basis
- More eyes looking at charts = More odds that you catch the next runner

3. Have proper risk management
- Stop aping your entire port in a single play
- Learn to take a loss
- Learn to take profits

Consistency is key

Roadmap to Grow 1 SOL to 100 SOL

0-1 SOL:
- Aim for small, consistent X's (2-5x's)
- Throw 0.1/play
- Focus on coins that are still on pump fun
- Jeet right before things bond or right after they go live on raydium

1-10 SOL:
- Look for calculated plays with 3-10x potential
- Focus on risk management
- Don't put more than 30% of your port into a single play
- Aim to take initials around 2x, and hold the rest for higher profit targets (ride risk-free)

10-100 SOL:
- Start allocating some $SOL to a couple different high quality memes
- Focus on memes that are established but undervalued
- Be patient and add to your winners
- Find narrative plays with high volume

Be more conservative in the beginning as you're still learning

Start taking more risk as you grow your port and find your edge

🇮🇳 India Considers Banning Bitcoin, ETH in Favor of Its CBDC.

According to an Indian official, “CBDCs can do everything that cryptocurrencies do.
In fact, CBDCs have more advantages than cryptocurrencies, without the risks associated with private cryptocurrencies.”

The government will make a final decision after extensive consultation.

Will Ethereum remain institutions' top choice?

jonahrobrts breaks down the blockchain competition for TradFi's attention 🤼‍♂️

========================================

Disruption. Digitization. Financial inclusion. Future-proofing.

What do all of these oft-repeated buzzwords have in common? They’ve all been used by crypto-pilled associates at TradFi firms to pitch their bosses on the exciting upside of blockchain tech. This year, it seems, the executives are listening.

Institutions jumped into crypto more headlong than ever in 2024. Their moves are starting to bridge the gap between TradFi and DeFi. However, this article isn’t focused on why firms are building onchain. Instead, we are focusing on where these funds are choosing to build.

----------------------------

What’s Happening on Ethereum?
Ethereum is the world’s largest smart-contract blockchain network. It has secured over $90 billion in RWAs, including stablecoins. 2024 has been a big year for the adoption of non-stablecoin RWAs on Ethereum as well, with the network growing its onchain U.S. treasuries, bonds, and cash equivalents from $800 million to over $1 .5 billion and overall non-stablecoin RWA value to $2 .9 billion.

Some of the major players building on Ethereum this year include
Visa, BlackRock and FTI_US

Earlier this month, Visa announced that they are building the Visa Tokenized Asset Platform (VTAP) on Ethereum. This is the company’s biggest step toward crypto adoption thus far. VTAP enables Visa to issue and manage fiat-backed tokens on Ethereum. It is intended to be a sandbox for participating financial institutional partners to create and experiment with fiat-backed tokens. They expect to begin piloting the platform with Spanish multinational bank BBVA in 2025. While the VTAP program is certainly an experiment, it gives credit to the thesis that TradFi will migrate its operations onto Ethereum over the coming decades.

----------------------------

Yet, the success of Ethereum’s competitors highlights a critical point: institutions are no longer bound to a single network. While Ethereum is foundational, blockchains like Solana and Stellar provide alternatives that are increasingly hard to ignore. However, they also present novel interoperability concerns.

Interoperability is central to the future of institutional blockchain adoption. As Visa states in their VTAP press release announcement, the largest benefits of building onchain include easy integration, programmability, and interoperability. Institutions that venture onto non-EVM chains like Solana or Stellar may face challenges in asset liquidity and protocol compatibility. This can lead to reliance on third-party services to bridge assets between chains, which introduces complexity and security risks. Ethereum’s widespread use means that staying within the EVM ecosystem—whether through Ethereum or Layer 2 solutions—remains the simplest and most secure option for institutions.

----------------------------

However, for Ethereum to maintain its lead in the race toward institutional adoption, it must continue to balance world-class security and stability with the performance and scalability that competing chains continue to push. The race to capture the attention of institutional finance will be won by the network that can not only meet today’s demands but also anticipate the needs of tomorrow. Ethereum is well-positioned for now, but staying on top will require constant evolution.

🚨 Global liquidity is increasing, meaning that major central banks are starting to inject money into the global financial system.

👉 This influx of liquidity is important because it increases interest in risky assets, notably #Bitcoin and #cryptomonnaies .

👉 Historically, when there is an increase in overall liquidity, investors tend to place their money in more volatile assets, such as #Bitcoin .

👉 As in 2013, 2017 and 2020, an increase in overall liquidity coincided with the #BullRuns .

It is clear that global liquidity levels play a crucial role. Sure, there are 4-year cycles related to halving and elections, but the market is primarily driven by global liquidity.

It’s all connected. 🔗

💰 Halving + Elections + Rising Global Liquidity = BullRun. 🚀

🥷 According to Coinbase, unmasking Satoshi represents a real risk for investors and knowing the name of the creator of Bitcoin would no longer be important.

“Now that the [Bitcoin] network is global and robust, discovering Satoshi’s identity is only relevant for history books or entertainment.”
says Samir Kerbage, Chief Investment Officer at Hashdex.

Analysts are particularly concerned that if Satoshi were identified and alive, he might sell his BTC and drive down the price.

As a reminder, Nakamoto owns at least 1.1 million Bitcoins worth nearly $68 billion.

Daily Memecoin Recap - October 9

Dolphins + FBI + ZachXBT sums up today

Dolphin Dilemma
$hanbao -> hit $11 .7m, Hanbao the finless porpoise, viral dolphin meme
$miharu -> hit $9 .36m, smiling dolphin
$miharu -> hit $1 .39m
$taotao -> hit $615k , first finless porpoise born in captivity
- Dolphin picture has been going viral and being used as a meme
- People were quick to find its name, but there was many debates on whether Miharu or HanBao was the correct one

FBI Launched A Coin
$nexf -> hit $670k , Nex Fund AI
$nfa -6900 -> hit $366k , NexFunDai-6900, $spx + NexFundAI
- The FBI created their own coin called NexFundAI and hired some firms so that they can catch them doing fraudulent activities
- NexFundAI was a coin created at the direction of law enforcement on $eth

Major Volume
$skbdi -> $2 .78m to $49 .1m (17.6x from the low), skibidi toilet
$cb -> $9 .4m to $22 .5m (2.39x), cheeseball, wizard cat, fire content
$alpha -> $2 .45m to $8m (3.26x), reject modernity
$1 % -> hit $1 .71m, "The One Percent", the 1% club, pushed by MarcellxMarcell
$casino -> hit $308k , crypto is the world's greatest casino, same dev as #supercycle

ZachXBT Exposes Murad's Wallets
$spx -> Initially dumped from $650m to $395m (-40%) on the news. Currently climbing back up, sitting at $576m .
#mpx6900 -> hit $2 .58m, memecoin index, $spx beta

Sigma Heads For $100m
$sigma -> $25 .6m to $83 .1m (3.24x from the low), pushed by idrawline
$ligma -> hit $483k , ligma males, beta to $sigma

Mini Breaks $50m
$mini -> $24m to $59 .85m (2.49x

Lieutenant Dan
$dan -> $49k to $1 .37m (27.96x)
- Viral Floridian who refuses to leave his boat in Florida despite Hurricane Milton

More Cooks
$r /snoofi -> $5 .5m to $13 .3m (2.4x from the low), reddit dog makes a higher high
$labubu -> $1 .35m to $10 .75m (7.96x from the low), #1 toy in Asia
$diddy -> $488k to $2 .56m (5.25x)
$arc -> $182k to $866k (4.75x), villain arc
$todd -> hit $2 .32m
#hawktoshi -> hit $1 .2m, Hawktoshi Tuahmoto, Satoshi + Hawk Tuah
$risk -> hit $1m
$penis -> hit $870k , dinosaur + penis
$boys -> hit $729k , moonshot launch
$rosa -> hit $658k , viral otter
$wif -> hit $544k , "Your second chance at wif", launched in June
$alpha -> hit $448k
$scream -> hit $364k
$sato -> hit $354k

pumpdotfun save the trenches pls

🟡 In the USA, the Supreme Court has authorized the US government to sell 69,730 BTC from the Silk Road case.

If they really sell them in the next few days, we risk having a much bigger correction than expected.

📅 **Weekly Outlook Sep 30 - Oct 6** 📅
Stay updated with key news & events in finance and crypto! 🧵👇

---

📰 **News/Sentiment:**
- FED tracking econ data for rate cuts 📊
- Neutral stance, less dovish than expected 🕊️
- Eyes on Sept Jobs, ISM Manufacturing, Jobless Claims 📈
- Investors expect continued rate lowering 💸
- Goldman: Stocks pricier on ROE premium 📉
- BofA forecasts a soft landing 🌤️

---

📅 **Events This Week:**

**Monday:**
- 🇬🇧 UK: GP
- 🇩🇪 GER: CPI
- 🇺🇸 US: Powell Speaks 🎙️

**Tuesday:**
- 🇪🇺 EUR: Core CPI, CPI
- 🇺🇸 US: PMI, Fed GDP Now, Job Openings
- 📈 Earnings: NKE 👟

**Wednesday:**
- 🇪🇺 EUR: Unemployment 📉

**Thursday:**
- 🇺🇸 US: Jobless Claims
- 🇨🇳 CNY: CPI 🇨🇳

**Friday:**
- 🇺🇸 US: Labor Participation, Nonfarm Payroll, Unemployment Rate 📊

---

⚖️ **Risk Appetite:**
- Truflation: 1.5% 📉
- Market Fear/Greed: 75 🤑 Extreme Greed
- Market Breadth: Extreme Greed 🚀
- Put/Call: Extreme Greed
- Junk Bond vs. Investment Grade: Fear ⚠️
- AAII Sentiment: 3% off 1yr bullish 📈
- Crypto Fear/Greed: 50 Neutral 🪙
- High Yield Bond Premium: 3.68% 🔺
- High Yield Effective Yield: 7.8% 🔺

---

📊 **Market Breadth:**
- % of $SPX > 200D MA: 62% ↔️
- % of $SPX > 50D MA: 65% ↔️
- % of $SPX > 20D MA: 68% ↔️
- NASDAQ New Highs - Lows: 57
- SPY 52W Highs - Lows: -44
- SPY New H/L: Monthly 147; Weekly 19 📉

---

🔍 **Other:**
- Fed Rate Monitor: 30% chance of 50bps, 70% chance of 25bps 📉🔮

---

Stay informed and make savvy moves this week! 💰🚀 #Finance #crypto #MarketUpdate

---

Took a bad trade?

It's part of the process, learn from them & grow as a trader

- Where did you become too emotional?
- Did you risk more than you're comfortable losing?
- Should you have cut losses earlier? When?
- Did you top blast with no thesis (FOMO)?
- Were your profit targets realistic?
- Were you disciplined with your stop loss, or did you adjust them in the moment?
- What changes can you make to avoid repeating this same mistake?

Experience is what separates a good trader from a great trader

Want to be a good memecoin trader?

Study:
- Narrative
- Community
- Marketing
- Trends
- GOOD MEMES

Then study:
- Risk management
- Volume
- Price action
- Market sentiment
- Whale movements
- Trading psychology
- Wallet Tracking

Study now, profit later

Caroline Ellison, FTX executive and ex-girlfriend of SBF, faces 110 years in prison ... but given her "substantial" and "exemplary" cooperation according to prosecutors, she risks being released in less than a year ... SBF has a good back ... he did not commit his fraud alone!

🚨 A major security issue in Bitcoin Core would affect 17% of the network which could be exposed to a denial of service attack.

All software prior to Bitcoin Core version 24.0.1 may be at risk.

Although very serious, few known exploits of this bug exist as it is quite costly.

However, this is a security flaw that could be exploited by an extremely wealthy, powerful, or sophisticated actor, such as a nation, that wanted to disrupt Bitcoin operations for non-financial reasons

Will rate cuts restart crypto's bull run? 🐂

Here's what could happen next 👇
========================================

In 2022, the Fed raised interest rates to tackle high inflation, which made borrowing more expensive and led to falling asset prices, resulting in a bear market. However, with lower interest rates, many expect monetary easing that could gently guide the global economy into a "Soft Landing."

If inflation doesn’t spike again and rate cuts help keep unemployment stable, central bankers could achieve something incredible—removing major economic uncertainties and delivering a level of global economic stability we haven’t seen in decades!

Although the Fed's latest economic projections seem to favor more future rate cuts, they also reflect how uncertain things are, with inflation forecasts being lowered, flat GDP estimates, and non-trivial upticks in unemployment expectations.

The greatest economic risk has shifted from higher inflation to falling employment, as shown by the decision to cut rates. Even though Federal Reserve members and other central bankers are confident they can manage these risks with further rate cuts, any continued economic decline could rapidly devolve into serious recession concerns.

Global bond yields that had been increasing since Tuesday dropped only slightly after the rate cuts were confirmed, suggesting the market had already factored this in with earlier moves downwards since July. While Bitcoin briefly jumped about 2% right after the rate cut news, markets started selling off soon after, erasing those gains before the day ended.

While the initial excitement around the rate cuts was clear, investors are now carefully watching how the economy reacts to these changes, with hopes pinned on a smooth transition but wary of potential bumps ahead.

Whether this will truly ignite the next crypto bull market or trigger deeper recession concerns remains to be seen as the balancing act between inflation, employment, and growth continues to unfold.

Analysis by JackInabinet

Rugcheck integrates Jupiter Exchange's lock feature, displaying locked token status on risk assessment pages for enhanced transparency.

$9 trillion asset manager BlackRock releases a new white paper highlighting the #Bitcoin ETF as a "unique diversifier" against fiscal, monetary, and geopolitical risks.

📂 BlackRock publishes a report called “Bitcoin: A Unique Diversification”.

Bitcoin is seen as an asset with unique characteristics that can serve as an effective means of diversification in a context of growing global instability.

“Bitcoin, with its high volatility, is clearly a ‘risky’ asset in its own right. However, most of the risk and potential return factors that bitcoin faces are fundamentally different from traditional ‘risky’ assets, making it unsuitable for most traditional financial markets.”

🚨 Here we are, the long-awaited date of the FED rate announcement.

👉 However, the main issue is not only a 0.25% or 0.50% drop, but above all the speech that will follow.

👉 If Jerome Powell mentions a risk of recession linked to this reduction, the market will react negatively.

👉 On the other hand, if he claims that the situation is under control and that further declines are to be expected, combined with an injection of liquidity after the US presidential elections and an increase in overall liquidity, we will see a bullish rally in the coming months.

#Bitcoin #btc ⏳

🚨 Senators send letter to Powell asking for 0.75% interest rate cut this week.

PS: That wouldn't be bullish.

👉 An overly aggressive rate cut could provide short-term stimulus to the economy, but long-term risks include runaway inflation, financial instability, and weakening of banking and financial systems.

🚨 According to Vitalik Buterin, solo staking is the key to Ethereum's security.

Vitalik Buterin discussed the risks posed by centralized entities and the role Solo Stakers play in protecting the network from attacks, to ensure its resilience and long-term viability.

Solo stakers are individuals who stake their cryptocurrencies without going through third-party services, centralized entities, or staking pools.

Russia Will Establish Cross-Border Cryptocurrency Payment Regulations By November

Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, announced that the Russian Central Bank and Ministry of Finance are working on regulations for cross-border cryptocurrency payments. The government aims to finalize these regulations by the end of November.

Initially, the Russian government will test the cryptocurrency payment mechanism under an experimental legal regime (ELR). This means only selected participants, such as credit institutions and banks, will be involved in the process. The goal is to minimize risks and develop regulations to protect the market from fraud. Aksakov noted that companies are already using cryptocurrencies for import and export payments, with transaction volumes expected to reach billions of dollars. He emphasized the need to limit the number of financial institutions participating in the initial phase to better understand the market and develop effective regulatory measures.

Kamino Finance has partnered with Re7 Labs to expand the Vault Layer in Kamino Lend V2. Re7 Labs, experts in DeFi and risk management, will manage permissionless V2 Lending Vaults, enhancing security and scaling Kamino’s decentralized financial layer on Solana.

United Texas Bank is under a cease and desist order issued by the Federal Reserve due to failures in cryptocurrency risk management and anti-money laundering compliance