Simonon

We’ve been working on refining our investment thesis for the next 5-10 years.
My biggest takeaway after 9 years in crypto: I’ve probably never been more bullish than I am right now.
If you’re thinking in weeks to months, I get the fear. But if you’re thinking in years, I genuinely don’t understand how you’re not overwhelmingly excited right now, especially at those prices levels.
Can highly recommend trying the latter.

The fastest way to lose money in crypto is to invest with someone else's conviction.
The second fastest is to lose your own the moment the market disagrees with you.
And right now, most of you are doing both.

The founders who are raising right now while nobody wants to write checks are the ones you’ll wish you backed in 2 years.
Every bear market the same excuses.
Every bull market the same regrets.

Someone explain to me how we bled for months over some of the most bullish news this industry has ever seen and then rally when an actual war breaks out.
Welcome to crypto, where nothing ever makes sense, and the people who admit it outperform the ones who don’t.

Pretty strong bounce in the market today, almost back to where we were before the US and Israel struck Iran.
The fact that crypto was literally the only market where you could financially express this geopolitical event over the weekend says a lot about how exhausted sellers and bears really are.
The people and institutions still here are builders, visionaries, permabulls and true diamond hands.
No matter how painful the last 12-24 months have been, the cleanse has been highly effective.
Even if you can’t see it right now, if you haven’t given up, you’ll sooner or later be incredibly grateful

Completely independently of whether it’s justified or not:
The fact that the US can invade a top 20 country in terms of population and military power, and just overthrow its government within half a day is…
frightening.

Completely independently of whether it’s justified or not:
The fact that the US can invade a top 20 country in terms of population and military power, overthrowing its government within half a day is…
frightening.

I’m sick of scrolling through my timeline, war everywhere.
What’s even more disgusting is watching people try to capitalize on it, celebrating their Polymarket wins.
There are no victories when humanity is the one losing.

Just made a larger bank wire from Germany to the US.
The bank immediately called me and asked me to justify what I want to do with my own money.
Even after I explained it, they said the transfer would first have to go through a security check before they’d release the funds.
Expected ETA: 1 week
Fees: $2,500
Gosh, am I bullish on crypto.

My biggest learning over the last years in crypto:
99% of alpha is simply not doing something stupid.
Not the perfect entry. Not the secret call. Not the insider information everyone is looking for.
Just not chasing narratives, not overleveraging, not rotating into garbage out of FOMO, so that when the real opportunity appears, you have the capital and conviction to go all in.
Nothing's worse than missing that one real opportunity we're all here for.