Transcript
Speaker: Welcome to a new episode of the InSilico Terminal podcast. My guest today is Hekerman Ace. And i actually don't know too much about you, but I always see you posting the Ichimoku cloud indicator. You said like your, how do you say that in English? Like your your brand recognition thing.
Speaker: Yeah, thank you for having me. And um yeah, that's like my main bread and butter. Like in the beginning, I didn't really have any kind of system in place. I would see all my friends either doing moving averages, price action. And I wanted to find something unique for myself that not everybody was using. And it was that.
Speaker: And over the years, it just refined it to where that's like my main strategy. How long have you been trading? or but Since when are you in crypto? um I started in 2016. I wasn't profitable for at least over a year. So a little bit after a year, i actually started making some money um after all the liquidations and everything. And ah yeah, since 2016, been in the space, trading since 2017 profitably. And then I stopped actually working like a real job in like 2120, somewhere around there. And then since then, I've just been pretty much full time crypto all day long and stocks.
Speaker: but first ah What about you? Happy Long Evening. I've been in crypto since 2017. So I guess like similar, similar time as you. I've i've told the story you a couple of times. I actually recently just told it with, with, ah I went on Marty's podcast. I don't know if that's like released yet, but I told my my story there, how I like, I got into it in 2017 and then I lost interest after everything went to zero and then I came back in 2021 and then stayed around and eventually became who I am today I guess. What made you first ah come to crypto? Like what first interested you in crypto?
Speaker: yeah so I was on Instagram and I saw a lot of the bullion people that were talking about crypto and this thing and I had kind of dabbled into stocks with my 401k and I was just at the point where i was like yeah let me try something to make money maybe I'm actually early and i decided to do crypto after seeing ethereum just go up from like a hundred bucks and just kept going up and up every single week I'm like well let's try this and join some random paid group, which I had no idea what I was doing. And next thing I know, I'm making a Twitter for everybody. And here I am today doing this. And absolutely love it. It's great.
Speaker: How ah did your trading look like at the beginning? Did you just like have this paid group leader and you copied what what he said? like Did he give signals or did he teach you how to trade? Yeah, it's you it So initially the way it started was I joined a group where it was just a paid group and people were just giving out random signals for like random altcoins and I was in there trying to learn how to actually trade because At some point I made a Twitter and I would see a lot of the bigger accounts posting trades. And I was like, yeah, I'm i'm not stupid. I know I can figure this out. Why can't I do this? So I just spent like a couple weeks just really hardcore trying, realized the paid group was a scam and everybody else was like, yeah, these guys are just fleecing us. So I made the Twitter and started posting my thoughts on Twitter and everybody seemed to like it and it was at the right time. and my following just started growing and you know just started snowballing from there.
Speaker: What were some of the lessons that you that you learned in those early days? I mean it it wasn't, I guess 2016 and 2017 was kind of like good and easy market conditions but afterwards from what I've heard since I missed out on it it was pretty terrible. So how did you deal with all of that?
Speaker: I mean, i guess like this isn't really ah what I learned. i'll I'll explain that. But I guess my biggest regret is probably not investing just solely in Bitcoin and Ethereum. I dabbled too much in altcoins and stuff like that. So that was like a huge mistake. I should have just stuck to the basics. But um I would say my biggest thing I learned is probably...
Speaker: You need to come in with a strategy and have a strategy in mind. If you don't have a strategy, go try some things out. But if you don't have some kind of rules and strategy in place, you will 100% keep losing money. But once you can get a strategy in place and refine it, that makes things so much easier. Hence why I use Ichimoku, because now I don't take any trade without a specific setup happening. hmm.
Speaker: how How did you find that this is what fits you? Did you just like try a bunch of stuff and this is what you ended up sticking with? ah So initially I started off with price action because I feel like everybody should understand that. So just started learning price action in general. um But at the same time, when I was doing just price action, I saw my friends hitting better tops and bottoms than me. And I was like, well, why can't I execute better tops and bottoms? so I just started experimenting and figuring out what was something I could use that I can identify better tops and bottoms. And that's where I ended up finding, hey, Ichimoku combined with B-bands is my go-to for finding tops and bottoms. And even with like, IMAs, any other strategy, I can get close to to it, but I wouldn't get as close as I could with what I'm using now. So that was my main drive for that.
Speaker: How does the strategy actually work? Because like I've seen the indicator, obviously, posted on Twitter from time to time from you and from other people, but i've never I don't actually know what it does. i i guess it's kind of like a moving average thingy, and then that kind of like... um Yeah, I mean, technically, you you could...
Speaker: deduce it down to that. um To keep it simple, I mean, the way I kind of go about teaching it and what I simply look for would be whenever something is in a downtrend, I'll look for like a big giant um red cloud and I'll try to see if the price action is going to break through. Like recently on the four hour of Bitcoin before we dumped back down again, that was like my main play I was looking for it was like a four hour reversal so we can get into the clouds. If you want to use other stuff that's on it, like the lines and things like that, that's more for accuracy. But like the basic thing that I know for a fact works in crypto is look for the cloud play and just play that in the stock market. It's a million, million times easier. You literally just look for weekly reversals and long it before the volatility. um So it's all it is, is just waiting for the price to enter into the clouds. So super simple for starters. Interesting.
Speaker: So it's made like a reversal tool or? Yeah, you can find whatever you want. You can find reversals with it, uh, pre-volatility moves, breakouts, whatever you really want to do. You can scalp with it or go macro with it. I don't really scalp anymore. um I personally wouldn't wish day trading to my worst enemy. Why, why is that?
Speaker: it' It takes a lot out of you. it's ah It's a lot to do day trading. I don't care how good you are. um It does wear people out. Like there's only a few amount of people that I know that willingly can day trade and I can do the same results with way less mental effort than doing that. Like occasional scalp is fine, but waking up at 930 and staying there until like 2 a.m., I'm done with that.
Speaker: Did you do that in the past? Yeah, when I first started, like for the first couple of years, it was just I spent a lot of screen time. I would just sit there from morning to night, um mainly because my job was work from home anyway. So I'd work from home on one side and then the other screen I'd have crypto Twitter open the whole time or RuneScape and would just sit there and game crypto and work. Yeah.
Speaker: Do you feel like that was necessary to get to the point that you're at now?
Speaker: I think the screen time, definitely. I think all the screen time time, trading, liquidations, and all that stuff. Like, I probably could have done with the without the liquidations if I had better advice. But everything else, yeah, definitely. Because now I'm to the point where i don't really need anybody else's opinions or anything like that. It's fun to talk to my friends about it, um but I don't need any of that. I can open up a chart for, like, one second and look at what I want to do and what I don't want to do when it's good to trade. So I've definitely picked up skills that...
Speaker: um are extremely valuable that I try to teach everybody else because if you can be self-sustainable that way it's so much better than finding somebody that's charging you 250 to a thousand dollars for a paid group or something that nowadays is online or you can ask chat CPT to do for you yeah so what what does your routine look like nowadays ah Nowadays, it's a little different because I do so much in crypto.
Speaker: um But normally it's waking up and, you know, um my dogs and then finally doing some crypto, just checking out the markets. I do a lot of stocks right now. It just depends on like how what shape crypto is in. If crypto is in a bear market, I'll do a little bit more stocks and stuff. So I'll wake up, figure out my trades. I'm a big options trader, so I do way more options than I do any kind of like leverage trading or burps.
Speaker: what Why is that? Why do you prefer options? um It's a volatility product. And just, I guess just the way I've learned is is that i've um I trade a lot better when there's volatility. And overall, it's just something that works really good with my strategy. So I can set up something that's like a one-week thing. And if I'm looking for reversals anyway, that means that the premiums for calls are down anyway. So if as long as I'm getting a good name and I can understand the premiums, just for me, it works really, really well. I know a lot of people hate on options and they're not really a fan, and but... i'm not out here doing like weeklies or daily degenerate stuff i'm doing a couple months out i mean i guess in in thread fight makes sense since most of the stuff is like more option focus and they're like more liquid and accessible and stuff do you also use options when trading crypto a lot or
Speaker: Yeah, again, just depends on the volatility. Lately, the main option trades I've been doing in crypto have been based off Ethereum. Bitcoin's not as fun, and it's kind of more expensive. But yeah, mean, the typical ETH option trade is normally find something that's really close to in the money. Like maybe, let's say, if Ethereum's at $1,500, find something that's at $1,600 priced around $35, $45.
Speaker: before a volatility move has actually happened. A little bit of timing and more than what I'm just saying is involved. But if I can find it around that price point before breakout, I mean, I know just from my own backtesting, that's going to be an easy 75 to 100% if I get the ball move. So I've got a pretty good strategy down with the crypto options. It just sucks that there's not enough volatility for me to take that many. So it's like once once or twice every week, I can take a decent trade.
Speaker: So right now, for example, like ah I don't know what price ETH is at actually, but I guess let's just say it's at $1,500. And then you would if you speculate on upside, you would buy a call for $1,600 for a couple months out and just like reflect your position that way. du With the crypto ones, you don't want to go too far out because there's so much extreme there there's so much decay on the crypto options that you're probably good only about 30 days max. So I try to just catch it right before the move, 30 days max, and I try to stay close to whatever the spot price is. There's really not a need to go OTM.
Speaker: There's one person, know if Marty talked about it on the last one, but there's somebody on Twitter that does some degenerate stuff where they buy OTM and they put a shit ton in it. If you're right, yeah, it's a great lottery ticket. but I'm literally only aiming for 20 to 50% half the time. Anything after that is just cherry on top. Yeah.
Speaker: ah How long have you been trading options? Is it like a recent thing with all the crypto being dead and TradFi being no I've been doing it since I first started ah just trading in general. So like the first year after I was actually profitable, so like 2017, 2018, I started doing stock options as well.
Speaker: and Yeah, it just started tumbling from there because I never understood why everybody in the stock market was always hyping up 5%, 6% moves. I mean, I've been in crypto, so I'm used to like 75% to 1,000% moves in like a day or a week. So i was like, yeah, stock markets. a scam. This is ah a game for the big people. And then I figured out options and I was like, wait a second, you're saying I can get the same, I can get 75 to 100% on my play off of a 5% underlying move, like no way. And so all that curiosity and excitement tumbled down into me wanting to really learn them. And here I am now doing them like crazy.
Speaker: I think we probably have a huge advantage compared to most people that just like switching over to ThreatFi now. And I guess it's also been an and an advantage throughout time, like being able to trade both markets and not just be focused on crypto and then just like suffer when it's dead like right now.
Speaker: Oh, yeah, 100%. I remember when the crypto, when crypto Twitter made this shift, because I was doing stocks before like a lot of people because I was ah also part of like tried by Twitter as well. And now everybody's doing it. So I absolutely love to see it like so many people finally took the leap and switched into it, especially my trader friends that I know are good traders. Like there's a lot of people that I bugged and I was like, yo, You need to do options. I know you can trade. I know you can read a chart. Um, you're just wasting money not doing it. And, uh, I know a lot of people now, like, uh, Cold Chills, um, he's doing it, a lot of my acrylon. I mean, Marty's been doing it forever. i don't know if you do options, but... I'm assuming you can probably trade at this point. so not not Not really. i don't know if I can trade either, to be honest. I mean, I'm always like, I just had the TALEX guy on recently and he taught me a lot of stuff about options. That was very interesting. um But I don't know. I just haven't really gotten into it that much. What what do you usually like like tell the people that like try to get into it but have mostly been trading crypto and perps? What do they need to know? What are like the basics to take it over to try to options?
Speaker: Definitely don't hop into crypto options right off the bat. like Learn like the basics. um If you have access to any kind of like simple broker in your area, whether it be like Tasty Trades, Webull, Robinhood, whatever it is, get a broker, make an options account, load it up with 100, 200 bucks. and um kind of get a feel for like what options work for you. Are you somebody that likes fast options where you're doing like two week expirations?
Speaker: Or are you trying to find breakouts to where you're kind of doing more my style and you're buying something 30 days out? And there's a lot of other people on Twitter that post legitimate option plays in the stock market. And it's just more so in the beginning to kind of get you of a feel of, hey, these 2% moves give me this underlying move. When the IV is this way, it gives me this kind of move. So it's just to get a feel for it. I mean, the easiest way is probably just buy something 30 days out that hasn't broken out um and just see how it works.
Speaker: Do you usually use them for directional exposure only or do you also do these strangle volatility? Yeah, I mean, it depends on like what I'm doing. If it's larger capital and it's like my own personal like investment portfolio, yeah, I have to hedge it. um That's bad if I don't hedge it, if it's just going directional. But if it's something on Twitter, I try to find what people like on there. They they don't care if I do like 10-15% moves on my normal account. I do. I love it, but yeah they don't care. So I try to do more directional on Twitter. But yeah, i mean, there's you could hedge. If anybody wants to hedge, they can. I normally keep it for Twitter to where if you're buying, a I don't know, three calls, make one of them a put. So make that kind of a ratio to something like that just to get people into the style of hedging. But crypto Twitter stocks at at the hedging. They don't understand it. They don't know how to do it and they don't want to do it. So I gave up on that.
Speaker: what What do you think that is?
Speaker: Everybody's a degenerate. Nobody wants to hedge and there's no easy way to explain like how to hedge. If there was like an automated way to hedge, it would probably work out for some people. But at the end of the day, I just feel like nobody wants to put another little bit of money into something that they know they might lose out on um if they're right the other way.
Speaker: what what What have you your attempts been like to to explain why why so much to hedge? Why should I hedge my exposure? What's like your... here If you have small capital, I can see it it doesn't really matter. if you if so If you're somebody that's trading with like less than like ah five, $10,000, probably not the biggest deal to hedge over there. But if you start getting over that point...
Speaker: It's just good because if you're doing something complicated, anything can happen, especially in crypto. Anything can happen in crypto. And we see so many times where we go up and don't break out and come all the way back down. And those are the kind of scenarios that are good, especially if you're perpetrating because perpetrating If you go beyond your stop loss or your liquidation point, that's it. um With options, it's not the same thing. You can go beyond your point as long as you get the volatility back in your favor. um And you can hedge that both ways. So if you're buying something for, let's say, a call and it's ready to break out, but instead it breaks down and you already had some puts in place, you can cash out on your puts and decide if you want to take a loss on your other ones. But if you have enough time on your calls, You just cashed out on your puts, waited a week, and now the price is back and extending beyond what your strike point was. So not only did you cash out on your hedge, you're now back in a directional position again. so
Speaker: it gets a little more complicated on the option side. But I mean, even perps, it doesn't hurt to, you know, have a $10,000 position, put a $2,000 short in as well. Yeah. Nobody wants to.
Speaker: what what What do you think about the state of ah options in crypto at the moment? And also like what what exactly is your relationship with Kayan? Is that how you pronounce Yeah, Kayan. Yeah, I've been with the fellas since like the beginning, since when they launched Premiere and stuff. So it's just somebody I've been with for like the longest time. I just finally decided to get my badge like this year. i was like, you know what? Give me the badge because I can get the free... Grok and whatever. So that was like my main reason for it. But I've been with the fellows for like a long time, just helping them with their options platform. I do streams with them.
Speaker: So, I mean, outside of that, yeah, i mean, the options space right now, it's still growing. We're in a lot better place now than we ever were before. Like, I remember when we first started getting options in crypto and then Binance immediately listed them. But unfortunately, they went the binary route. So that was like a huge blow there. And then when Solana finally fell down the first time, that kind of killed a lot of the option platforms that I was really, really looking forward to. and Really? Were they on Solana?
Speaker: Yeah, well um what was their name? Yeah, Zeta Markets was on Solana initially. They did options. Yeah, they had the best options platform like I ever had. And then we jumped down and they just pivoted to something else to perps. Yeah, they they made ah the perp decks. I remember that. I found the the non-existent. What made their platform so good for for options?
Speaker: It was just good because of what was happening at that moment. There was a lot of volatility. They let you do Solana options as well. And they were pretty liquid for my versus like everybody else on chain. So it was just good at the moment. Now we're fine on that end. Like I can definitely find options like Darabit is in such a better spot. um If you're an American, maybe not so much, but if you're anybody else, Darabit is like a great solution um for centralized exchange.
Speaker: I don't like doing centralized exchange stuff anymore. i like to be on chain. i just don't. I hate being on a centralized exchange now, especially after everything and just losing money on centralized exchanges, shutdowns and things like that. um just I just feel if I can find the DEX option, I'd rather do that than force myself to put my money on a SEX. Yeah.
Speaker: I mean, especially as an American, that probably makes a lot of sense. I kind of still like the the experience of sexes sometimes just because they're a bit more like the UX is just a bit better than if if you do stuff on chain. But it's also very nice that we have like a lot of on chain options for it not just options, but like also perps and taxes and everything now we can like we're not so dependent anymore on sexes.
Speaker: Yeah, I think at most like now I use a Hype, which ah by the way, did you how was your Hype airdrop? Did you did you cash in on it? Did you get it? I ah i actually, the there's a funny story. There's a funny story to it. Like I had a vault on Hyperliquid and then I like me and my friends have like a ah ah German crypto people friend group and then like they they put some money into the vault.
Speaker: And I traded with it, and then I i didn't really know what to do like with the money because it was a bit weird like trading other people's money. And then that was before the terminal integrated Hyperliquid, and I already got used to trading on the terminal. So I didn't really like using normal AI or whatever. And at some point I was just like, fuck it, I'm just going like long pepper or whatever and then see what what what was going to happen. And of course I got liquidated, um which is kind of sad, but so this liquidation and all the volume that I did with this vault got me most of my addro because I didn't really trade on Hyperliquid otherwise. And also there's a funny story because CL once tried to deposit into the vault because he was looking at like random vaults of people. to like deposit into and then he discovered a bug because he like was able to send like zero to my vault and then he like posted about it on Twitter and at that time we like didn't know each other so like I have commented under it and he like um
Speaker: like roasted me basically because I got liquidate. So that the tweet thread is still out there. And and that's how I got most of my Hyperliquid airdrop. Obviously it's like a lot less than I would have wished for.
Speaker: And obviously I sold it um between three and five, most of it. Oh no, cute. So it it it would have actually been a decent amount of money now. Like it would have, like maybe not.
Speaker: I don't know like if life-changing whatever, but it it would have been a lot of money for me right now if I kept all of it. But obviously, in hindsight, it's always easy to say. and It was just like, you know, free money. I'm i'm going to sell it. All airdrops went to zero before.
Speaker: what what did you what did you do with with your airdrop? Nothing. So this is another case of, uh, I was too stubborn to see what was like in front of me. And I just was like, no, I'm not going to use hyper liquid like an idiot. And then, next thing I know my friends are cashing out on like seven figure, six figure airdrops. And i'm like, damn, I just sat there refusing to use it. And now I use it all the time and it's just a shame because there's been so many cases in crypto where I always refuse to do something and that's like the one thing that ends up taking off. Like a good, another example would be like the Trump token. Like I remember in the beginning I was like, I'm not trading this one. And the next thing I know, it's like to the moon and everybody's trading it.
Speaker: So I stopped doing that now. Now I've got something there. You're farming for season three, potential season three. That is like... The Aurev? No, for Hyperliquid, I mean.
Speaker: Oh, no, no, no. Yeah, no farming right now. next Potentially, maybe if they do another ad-rob, we're all farming that, which might... never happened and my my last big airdrop was the meteora airdrop i went like super hardcore on uh lp and on chain market making that uh that was my last good one so i hope this next time around we have another project that i can dump like six months of energy into and catch up you just activated my memory because i also did farm the meteora airdrop like a little bit And I also remember you like, oh nice. quite a lot. um Yeah, but the thing is like, I'm not sure if I ever claimed it or it's like, i don't really want to talk about this on a podcast, but i got I got like drained on the wallet that I did it with in like an extremely stupid way. Like I basically clicked the scamming. It wasn't that much money, but like since then I didn't use the wallet anymore. And I think that's why I also didn't check for the airdrop, but it's probably not that much anyway, so it doesn't really matter. But yeah, that just kind of reminded me of a war or trench traumatic event. Vietnam War flashbacks. they could I felt i felt ah similar about Hyperliquid in the beginning. like
Speaker: I remember like 2023 or even 2024, it wasn't...
Speaker: like the perception was quite different than it is now. I remember there was still like in early 2024, like these huge weeks on on assets when there was like a liquidation or something. And, ah but it was still a very good exchange and it just became like better and better. And now it's like carrying our whole industry. Yeah, they've done a great job on sticking with the times. Like, i mean, the one big thing in crypto that I'm super, super bullish on is RWAs. And I believe they're leaning in the right direction with that as well. So I do eventually believe in crypto. It's going to be a big thing, like having stock market integrations and things like that. So I'm definitely bullish for the space. It just sucks that ah we're going through what we're going through right now. What do you think on the markets right now? Do you think we're going to go lower or a little bit more pain?
Speaker: That's a good question. I'm actually curious what ah what is going to happen when this episode is released, if if we're going to look dumb super smart. But we we just made the, like, did we make a new low today? and I didn't really properly check, but I think we made new lows, like, yesterday and the day before. it looks pretty bleak, and I feel like we are going a bit lower, um just because it's kind of, like, natural for the market, but...
Speaker: i'm i'm We're kind of at the point with prices and stuff where I have like some hope again or where it feels like a bit cheaper and it's like this isn't too bad at least for Bitcoin. Maybe Hype is still a a little bit expensive or it's cheap and and it's never gonna see this price again and every other coin is kind of like useless not really interesting I don't really want to buy like ETH or Solana here but I think we're like in a good state of the bear market and it lines up like well with the four-year cycle as well even though I kind doubted that in the past a bit but it seems to keep going so it might not be like too bad of a time to like start allocating again soon.
Speaker: but what What is your current read on the market? What do you think? Yeah everything's looking pretty bad so I'm assuming we probably go down a little bit more. um i guess my only Only real thought is I'm hoping by November, December, we've bottomed out and we have something done around that time. I don't think the summer is going to be good for us. But, ah I mean, best thing I can ask for right now is a range. I would prefer us not to go lower. ah But if for some reason we break 50K, that's going to be real bad. I really don't want us to break fifty k
Speaker: Yeah, that would be pretty bad. But I think we could go down there because like when you have all these supports that get like retested again and again, it's kind of, it kind of like begs a bit for like one of those liquidation, maybe not 10, 10 type days, but like the the old usual just where it goes on 10, 20% or so in a day. And ah maybe something is going to happen again with like Japan or whatever. And then some market where we just like have a day like it's 2024 then It will be a good buying opportunity, hopefully. i feel like the only thing that I don't like is like almost everyone is like, hey, it's going to bottom in in October. Like nothing is going happen in summer. It's going bottom in October. But then again, it's also a bit of a seasonality effect because it like happens most of the time. Like summer is kind of boring. You should sell in May and just like go outside and enjoy your life and then come back when there is more activity. But
Speaker: Yeah, i think I feel similar. That's the cool thing about crypto is you can choose to stay here or you can go out and choose to enjoy your life and come back. like That's the fun part about this spot. But even right now, even if you're in it while markets are going down, I feel like this is a good time. Even if you're not buying, like this isn't the one thing I tell people.
Speaker: Find a good company that you like. Find a project that still has a treasury and go do stuff for them. And that way, by the time the markets are pumping back up, you already so have yourself concreted in a good company. You've been doing work for somebody. And you don't necessarily have to rely on trading. Because there's a lot of people that enter the space in it with...
Speaker: no money or they're looking for the trenches. And I'm like, dude, do literally anything else. Wait for the trenches for when it's like easy season, anything else, like look for good companies. There's tons of people with tons of money still. Like there's so much to do in crypto. There's like no lack of opportunity.
Speaker: And trading for a living is really hard, especially like if you don't have a lot of money, if you don't have like some cushion or whatever to keep you afloat for maybe year or something. It's like very difficult if you're only if that's like the only thing you're doing and the market conditions are very bad.
Speaker: Yeah, exactly. yeah it's going to take you a while. Don't come in here expecting like, oh i'm going to make it in like 30 days, especially not in this market. that's ah That's impossible. Just take your time and learn and you'll get it.
Speaker: when When you went full-time back in 2021, I guess, whats ah what was the moment that you were like, ah what what made you think like, hey, like I can do this now. i don't have to work a job anymore. I feel secure enough. This makes sense.
Speaker: So I was already good in that sense. It was more so I was missing out on opportunities in crypto while I was working. So there was a lot of companies that were reaching out to me to help them test out stuff. My friends, so many projects were launching and I was just missing out on so much in crypto to where my work wasn't giving me a promotion. And so I was like, you know what, I'm wasting my effort over here at work. kirk Why don't I go ahead and put put it all towards crypto. yeah And that's pretty much what I did. I just put put everything towards crypto. um But I guess for like the when everything clicked in, i remember when I was trading stuff and i remember what ticker it was too. It was ADA. I was trading ADA a lot and
Speaker: I remember I was looking up the trading patterns and charting patterns. And then all of a sudden, one day, i just started seeing them on the chart. i was like, oh, look, this is compressed. This is this triangle. And it's the geometry. I just started seeing it and it started working. And from that point, I was like, all right, well, I can come up with something with this. And yeah, ADA was the ticker that kind of made everything click for me. And since then, I've been good with trading.
Speaker: stare long enough at the charts and the charts gonna stare back at you. Exactly, yeah believe. I feel like right now is kind of a time, um i like I made my Twitter account in 2021 and I only lurked for two years, so only posted in 2023.
Speaker: um Obviously 2021 was like a fun time, 2022 was a very bad time, um but where we are right now kind of reminds me of 2023. And that was my favorite time personally that I have been on Twitter because ah the vibes are kind of like the most chill. like in the when When it's like very euphoric, it's a bit annoying because there's a lot of retarded stuff that is going on and you' you're like wondering every day like where where did I go wrong, that this is my life and then I'm... We're putting whiff on the sphere or of whatever dumb bullshit that we're doing in crypto.
Speaker: And when everything is going down, everyone is like panicking and maybe you can get gain some satisfaction of like seeing people lose money that you don't like or whatever. But it also like gets a bit bleak after a while. But I feel like now we're at a point where it's a bit more chill. Most people have left. Most of the tourists are like gone And um obviously it's summer as well, the activity isn't that high, but it's like a bit more chill and it feels more, like you said, there's still opportunity left. Like if you really like stick around now, you can be there, you can like work for a nice company, you can do some cool stuff in the space and maybe you're in a very good position for when the cycle is eventually going to pick up again.
Speaker: Plus it's a crime that you don't have like way more followers. You have like such a good account and your memes are hilarious half the time. I appreciate it. You should be at like 20k. Yeah, but I think it's kind of like a bear market thing. Like I feel like if I made my account in 2020 or 2021, I would have way more followers because back then it was like way easier to gain. And now like my account was kind of small 2024 and 2025.
Speaker: so i only got a bit bigger now and now no one is here so like everyone that's the left is already like interacting with myself but yeah maybe we can see a 100k followers okay in the next cycle and and i can become the the next code yeah and next cycle for sure definitely Yeah, that's ah we're starting. We're running backup only.
Speaker: Sokyo, Sokyo only. Terminal only. How's the Insilico platform? Anything you want to show me with that one? I'm curious to hear, like, are you guys coming out with options anytime soon? That would be my request, always. ah Not as far as I'm concerned or not as far as and anywhere in the roadmap. It's actually a nice question of you to ask. I can just chill my product now without it being too cringe. What are we doing? I'm curious to hear about it anyway, just because ah like i was saying before we stream, like I've been ah watching you guys grow this thing from the beginning and ah I've seen in Silico as well. So yeah, I'd love to hear about it.
Speaker: and We've obviously integrated lots lots more exchanges now and the biggest things that we are doing currently is we made something called Cortex or also known as Advanced Server-Side Execution and Conditional Orders because before everything was ah running on your browser like in in the on the front end locally so if you closed your tab then the TWOP or whatever you did would cancel.
Speaker: um But now we have everything server side, so tWOPS can run endlessly, you can make conditions for orders, like if price reaches this point, then execute this order. And all that stuff is pretty cool, and we released it for Hyperliquid first, now Bybit coming as well, and then all the other exchanges. We're also like, ah I don't even know what I can say here while we're doing. We're doing some like cool stuff that I can't talk about. I guess we're working on a mobile app. I think that's been said publicly before.
Speaker: Mobile is going to be pretty nice because the current experience isn't like top-notch yet, but that is going to improve a lot soon. What else are we doing that this is cool?
Speaker: um
Speaker: Do you guys have more analytical features coming? Yeah.
Speaker: Yes, in a way, I guess. Yeah, yeah. I mean, mostly mostly the platform is for execution, like, um because we know that most people use other stuff for their analytic analytics.
Speaker: And there's, like, so much stuff around as well. Like, there's... I don't know I mean normal trading view and ExoCharts and like VeloData and all the other thingies that exist to like look at all the data and the I mean you can integrate like your aggregator for example into the terminal so you can like have it in in one screen and um the the charting functionalities will like improve a lot soon and Yeah, um honestly i don't really know. I haven't like tried too much of our new stuff myself yet.
Speaker: But I think it's going to be like a much improved experience. And we're also like redesigning the UI and UX a bit little bit right now because we have noticed that the app might be a little bit complex sometimes. like Most people just use the simple stuff and maybe it's a bit too complicated for like new people or whatever. So we're simplifying a little bit, but like all the functionality will still stay. It will just be in a more smooth and nice usable way for the for the end user.
Speaker: think that's like what we're up to right now. Yeah, I'll have to check it out again. It's been a little bit since I've messed around with InSilico, but I'll have to give it a go again. Yeah, should. I can i can definitely ah recommend it. it's ah Well, I do all my trading there. And i'm i'm i'm ah I'm so like, on the one hand, obviously, shill because I work here and all of that stuff. But also, like once I just got used to it, and then you can also use it on multiple different exchanges, I never want to use like a normal UI again. It's just too.
Speaker: too annoying and we all have the we have all order types and whatever they just like make life a lot easier for example if you trade on DEXs a lot what I find quite useful is the the swarm order type because it like it's it's like a normal market order but it like splits it into different smaller market orders. So it's like easier to to get into a position without as much slippage.
Speaker: And yeah, just stuff like that. So like I can definitely recommend you to to check it out again. We have like lots of new stuff that we got throughout the years, like basket trading where you can like ah execute multiple orders at once and stuff like that. And as I said, like the server side execution was just very cool. You can like have T-WARPs that run for multiple days and stuff.
Speaker: So I think that's enough enough enough shilling for now, but I hope. For me, I much rather use something that I know somebody is constantly using because that's my motto. I hate shilling stuff to people that I'm not actually using yeah because I just feel like that's just fake shilling at that point. But if somebody is actually using it and is finding a use case, I much rather try it and actually give it a go.
Speaker: um And that's like the same thing with me with Cayenne. Like I wouldn't shill it to people unless I was like constantly using it every day, which I am. Anything else, I don't shill anything else other than maybe an options data platform that I use for options order flow.
Speaker: Yeah, that makes a lot of sense. I mean, we talked before about like getting jobs in crypto and stuff, and I think it's not that easy. like you You can always get maybe a decent job in crypto, but like it feels a lot better if you like work for something where you don't have to be ashamed of shitting it, at least in my opinion. like I use the terminal every day for a year or something before before I started working here. And um you know many things in crypto are scams, so it's kind of a bit...
Speaker: and I don't know what their... Yeah, it's not good to put your name behind everything and just randomly do that. I like that I can be proud of like, this is a good product. And I can also like, if someone is like, hey, I don't want to use it. Okay, that's fine or whatever. i can tell you the advantages. I use it. I don't i sleep well at night shilling this to you. And I wouldn't sleep well at night shilling many other crypto things if I shill you Cardano or whatever the fuck current scams we have.
Speaker: So yeah, I'm very ah grateful for for that opportunity and I think we have a good free product and I can't recommend it enough. I hope that like spiked your interest little bit in giving it another try and like helps on some listeners to like understand what's what's going on and stuff.
Speaker: but I am curious. ah What do you think is going to be like the next thing? Do you think whenever whenever we do end up coming back up to like one hundred k or whatever it is and we get into a bull market again, do you think the big attention is going to be again with the trenches again, meme coins and people are just going to come by again? Or do you think we're going to make a shift to like RWAs or stocks or what do you think is going to be the next hype in crypto when we do come back up?
Speaker: Everyone kind of wants to know like what' what's the next big thing and probably there's like some stuff that maybe doesn't exist yet or we don't really think about much because I feel like that's kind of always how it is.
Speaker: But from like the current point of view I think perps are just ah the next thing. I mean obviously we're like a perp focused terminal so I guess it kind of makes sense why I'm a bit biased towards that. For me, like right now, that is like most of what is going on. like You have the perp taxes, you have even like decentralized exchanges that are, as you said, doing more RWAs. I count RWAs within perps because they're like a huge part of perps right now.
Speaker: um I think it's very good that Hyperliquid integrated lots of stocks and it's like keeping activity there. and It's like good that money can stay in the ecosystem and you can still trade and stuff. so i think that is probably like continuing to grow and perhaps will always grow if the market like comes back like that's kind of how the the market cycle works and um but maybe there's like some cool new tech or whatever that someone's working on right now that we can play around with and scam each other again and make some money or whatever but the I think perhaps are perhaps are a very cool thing maybe options grow more of what what what's your view what do you think is going to be the next big thing
Speaker: I mean, just just from this cycle, I would hope it's the trenches again because I did have a lot of fun this year versus any of the other years in the trenches. But if it's not that, um I mean, I do see the shift with the RWAs and stuff. So personally, the two things I'm kind of leaning on is...
Speaker: A, I hope the Pokemon stuff that's like all on chain and stuff keeps going crazy so I can keep selling stuff on there. And the other end would be is kind of more integrations from the stock market and stuff kind of coming into place. And if not from the stock market into crypto, maybe the crypto over in the stock market. Like I know there's a lot of people still looking to file ETFs and create various type of ETFs.
Speaker: For me as an investor and a long term player, that's really, really good because I can't invest in long-term crypto bets in crypto directly via options. But if I have ETFs to bet on, I can bet on them a lot better. like There's a tons of people that are always buying IBIT flows, ETH-A flows. So I just want to see more of an institutional transition because we're already to that point now. like Everybody wanted institution, and I've always felt like it was a double-edged sword. And now it's here, so why pull it out? Just drive it deeper. Just integrate us all the way at this point.
Speaker: why Why do you think it it's a double-edged sword? of How do you think it turned out so far, the institutional adoption? ah You're going to lose the volatility in and like the wild, wild west that we had in the beginning. So the same style and everything that we were used to before is definitely has changed significantly, including the volatility that we see across the board, um just moves in general that we see with things, and just our whole entire cycle. It's not the same as it was before. Maybe like at a very macro sense it is, but yeah if you really zoom into it, it's not the same. It's not as wild westy. It's not as fun as it used to be. like every year
Speaker: There's always some fun, but it's because it's created, not because it's genuinely fun. each year that decreases and you have to go out of your way to find out what that thing is. So it's not like before, which is fine. But I think that's a result of bigger players getting in, Michael Saylor's coming in and just all these people buying Bitcoin. And that volatility isn't going to stay there forever. So I'm just enjoying it as much as I can before it's like stock markets at this point.
Speaker: i'm I'm personally not much of a trencher or like a Solana person or whatever, but what do you think about that sector? Like, I don't really know too much about it. So do do you think there's like a chance it comes back? Do you think Solana is still like going to be valuable in the future? I mean, because got come back or you even like to the same same same extent, or do you think it will be like it was in 2024, 2025?
Speaker: The extent of it, I don't know. um I mean, I would hope so. But as far as like coming back, yeah, definitely. I mean, Solana is like the easiest place to do anything at whether it's legitimate or whether it's scamming. um Nobody really pays attention to any of the other chains. Ethereum still refuses to drop down gas fees for any kind of trenches to actually work. So...
Speaker: Yeah, i just feel like that is definitely the place to be is Solana. And still, even like right now, there's still tons of companies that have treasuries or whether it's meme coins, whatever it is, they either have big followings, things like that. So I'm sure once market conditions change, there'll be a lot of pumping and things jumpmp people dumping their own money, whales making things cause i'm making things go crazy. so Yeah, Solana is definitely where it's going to be at. And then once Solana peaks, I feel like it's going to trickle down into other chains that we saw this year into um whatever other memes came out along. But yeah, that's definitely going to be one thing. But for me, I mean, this year I did a lot of LPing with memes, which I never did before. And that was huge. I will never, ever trade memes the same way again. So for me, I'm like super excited for this one.
Speaker: But I'm not relying on just memes to come up at this point. What's the advantage in LP memes? So the same way you would like set up limit orders like on an exchange, whether you set it up on Bitcoin, Ethereum, whatever it is, you know how people set up those lines and they have like a bunch of lines to the downside that just fill and then they just set it up immediately to the upside. um It's the same thing. You can set up your liquidity that way. And the difference is, is if the price action flows within their limit limit orders or sell orders, it doesn't get filled it just keeps going in and out so if you can find a range or any chart like that that is a range you're basically getting paid for that going in and out of your range and if you have a high fee rate for it and you're the main lp i mean you're cashing out without the price even moving so it's like kind of doing an option strategy so for me like lp-ing is the next best thing to options i've ever discovered and that's been going well this year even though memes aren't really like uh
Speaker: that we slowed down, it's been very picky, so I haven't been doing it. But prior to us slowing down, like that's literally all I did ah for that Meteora airdrop. I was doing that hardcore. um I could do it on majors. I could do it on meme coins. So there wasn't like a lack of, oh, you're just doing it in the trenches. I was doing it on ZEC, Bitcoin, Ethereum. So it's good. It's definitely good. It's just a little bit tricky for people to understand, but I'm sure you would pick it up immediately if you did it the right way. But I wouldn't do it now.
Speaker: I find it interesting that you still have like ah a good view of of Solana because I sometimes struggle with that a little bit because it feels to me a bit... ah like In the beginning it was kind of i guess a bit more pure, fun and whatever. you know It was like this whole, ah hey, we hate VCs, we we don't want to like buy a billion FTV stuff, like just make it kind of community owned or whatever and everyone can get in and we can all get rich.
Speaker: And, the like, it kind of evolved or, it like, evolved to me from the outside a bit to this scammy thing or, like, this... I don't, like, know too much about all the the the but verbal... I don't know how... The the the words that you that you used to describe all the bundle shit and whatever. i like yeah You're right.
Speaker: It's like... um it It feels a bit to me like it's very extractive and I wonder if people are going to come back to it in... Does it feel like a positive sum game to people or like ah a plus EV game to play?
Speaker: Yeah, I think, um, yeah, initially, definitely. There was, like, a big thing with the scamming and Pump.Fun and all the extractiveness. yeah But at the same time, I feel like while that stuff was happening, they were also working to cater towards institutions and larger players and things like that. So, yeah, there's definitely a layer of that stuff, but that's why I feel like next time around, like even right now, they're all still catering to people who have way more money than trenchers. So I feel like that's just an extra cherry on top versus before, which was like the main course was to going to Solana and try to extract out of other people before you get extracted. But now we see actual things coming out. So.
Speaker: I'm excited. Yeah, I stay on top of Solana just because that's like the second probably biggest hype thing that I see on my feed outside of, you know, normal Bitcoin and stocks. Yeah. Yeah.
Speaker: I mean, probably more than than Ethereum. Like, I guess Hyperliquid is kind of the the most interesting thing and then maybe still Bitcoin and Solana at least has like some some activity, but Ethereum has been kind of left behind and doesn't really like to that much anymore. Yeah, it concerns me every time because um anybody who invested in the Ethereum barely made any kind of money and just everything that they've been doing, I just can't believe it. They've just been so anti-community, anti-everything and they might seem like they're doing anything, but... nobody ever really knows like anybody nobody talks about it I don't know what people are doing what are they just collecting yield and stable coin yield that's like so risky yeah I don't really know either like what what is the ethereum foundation really doing what po are they trying to it all feels like a little bit too idealistic I think I recently talked about that with someone like it it feels like they're very idealist and they don't really care too much about how to actually implement the things that they
Speaker: want to do and then they forget that without the price going up the ideals don't really matter and no one no one cares because no one wants to hold something that's like going down or even like staying the same value with this much volatility as well it's not really foundation doesn't care they'll hit the sell button everything pump what do What do you think? ah I guess maybe you're not like too tuned in since you've been vacation for a bit, but what do you think about the current situation with Sailor? I guess that's like everything. don't know if you saw, there was like a list going around of the top holders of Bitcoin and he's on there. i mean, if you look at the list of top holders, they're not like the best actors in the world that hold Bitcoin. So having one person own this much Bitcoin,
Speaker: There's no way this ends up well. I mean, it might end up well for him, but for everybody it won't. are actually? i think, I guess him and then the US government as well and probably, I think the Ukrainian government actually quite has quite a lot of good credit, right?
Speaker: Yeah, it was like the government, then it was a lot of like the banks, ah BlackRock, a couple of the big people that yeah you hear negative things about. So it was no like real good actor. There was like one or two people that I was like, all right, well, that's kind of cool. um And then there was like some random Asian exchange. I was like, wow, you guys hold and unnecessary amount of Bitcoin. But yeah, I mean, we'll see. I mean, again, they're there to cater to institutions again, and they don't really care too much about probably the rest of the ecosystem. Maybe Michael Saylor does, but... I just don't see that much Bitcoin in one hand being a good thing.
Speaker: you think he's going to blow up? No, he has too much money. This man just keeps buying and buying and he has unlimited funds. i don't know where he's getting them, but he just keeps buying. He'll buy it even if we come down to twenty k so I mean, I guess were we're kind of like testing him. but like I don't really know too much, to be honest, ah because I don't really read into those sorts of things. But the the stretch thing is like going down every day. I see the chart being posted. And I guess it means he has to sell at some point to cover the the dividends or something.
Speaker: and um Bitcoin just ah keeps going down in this anticipation of him selling more because he sold those 32 Bitcoin ones. And we're just like kind of waiting if he's like really going to slam us down more. did see that. I saw everybody posting about that and trying to catch the bottom on that. um I'm just avoiding that just for a little bit longer. I'll wait until after summer to see what they're at. um I think if any companies are going to be positioning themselves to buy or fix any kind of debt or settlements like that, they're probably going to wait to do it until after summer. So that's why I don't want to rush into anything like that. But I do see Kaleo shilling it and a couple other people shilling the heck out of the s STRC, but I rather not. It's been dumping since then anyway.
Speaker: I think even even Light came back yesterday or something and and tweeted that we need to sacrifice. He made a tweet yesterday for the first time in a while and it was about like we need to sacrifice Sailor to to keep the cycle going. So i guess he's ah in a bit of a scapegoat thing now. Like Sailor kind of became our scapegoat for like why everything sucks. But I can also understand it a bit ah for like maybe other institutions or bigger players are kind of like uncomfortable with someone like him holding this much and you don't really like... I guess it was different when he was just buying because then it's like a net positive thing or whatever I guess. But if he is also willing to sell then kind of makes it the dangerous because he has a lot of impact on the price.
Speaker: But yeah, I guess we'll just have to see how how it's going to play out maybe like this summer or maybe maybe he's say going to die in October and then or not like literally die but like his company is going to blow up again like it did in the dot-com bubble and then the bottom will be created in October and then we're all gonna like buy it and write into the ah sunset and 200k Bitcoin next year or something like that. Yeah.
Speaker: Yeah, i think um that's kind of been most of what's going on in the market right now or most of like what's interesting to discuss right now, I guess. Do you have any more more things that you want to ah bring up or you think are interesting to talk about? No, this was actually a great stream and a great chat with you. So I actually enjoyed it. So no, I don't have anything else to cover. um do you have any fun plans for the rest of this summer or anything like that going on?
Speaker: um More plans. i'm I'm going to... What am I going to do? actually need to be careful not to dox myself here too much. but yeah I'm going to have a friend's ah place tomorrow and we're going to have some fun over the weekend. But this will already have happened anyway when when this will be released. but Yeah, a bit more traveling, I guess, enjoying the European european summer and stay away. Yeah, I'm hoping I come back to Germany this August or September. Are you?
Speaker: Have you been before? yeah I have family that lives over in Karben in Germany, so i normally end up going there, Frankfurt occasionally.
Speaker: Yeah, maybe, I don't know. Actually, may i may I might also go to to Germany for a bit, but yeah, I'm not going to leak too much of my traffic plans. But yeah, thank you very much. on stream i message thank you Thank you. Thank you very much for coming up. It's been a nice ah nice conversation. And yeah, goodbye everyone. as man Yeah, I'll have to have you on my stream sometime too. So thank you. Yeah, sure. Let's see.
Speaker: Let's see Of course.
