Short $PIPPIN

Seth Walsh

Seth Walsh

Iconoclast
Contributor
Joined
Jan 12, 2020
Posts
10,292
Reputation
20,984
$0.7187 on Binance.

Overvalued. Will dump easy collect 50%.

Thank me later.
 
  • +1
  • Love it
Reactions: L1mbal, Fridx, Atman and 9 others
noted
 
  • +1
Reactions: tomacōck, Atman, KeepCopingLads and 4 others
Does that mean i should buy it or nah
 
  • JFL
Reactions: foidletslayer, Grievous, Serialsuicide and 5 others
Yo nigga answer me so i can tell my mom if she should buy it or nah
 
  • Ugh..
Reactions: aids
tunisianropemaxxer said:
Yo nigga answer me so i can tell my mom if she should buy it or nah
Click to expand...
Shorting a stock (short selling) is a trading strategy used to profit from a decline in a stock's price, effectively betting against a company
Investors borrow shares they do not own, sell them at the current high price, and aim to buy them back later at a lower price to return to the lender.

So bet on the decline of the stock.
 
Last edited:
  • +1
Reactions: tomacōck, Atman, tunisianropemaxxer and 1 other person
@rotation right up your street brah:feelsgiga:
 
  • JFL
  • +1
Reactions: rotation and KeepCopingLads
  • JFL
Reactions: Atman and Seth Walsh
motherfucker
 
  • JFL
Reactions: Serialsuicide, Atman and KeepCopingLads
Last edited:
  • +1
Reactions: Atman and Seth Walsh
Fun Size Fug GIF by Fugz Official
 
Bank wouldn't let me transfer to crypto exchange. :FEelsBadMan:

I was even begging these niggers on the customer support, to let the transaction go through.

Opening a new bank account, hopefully won't block me again. Fuck this blackrock/vanguard owned corporation.
 
Last edited:
  • +1
Reactions: Deleted member 89064 and ImaDuckyMan
Pippin is so weird jfl
The manipulation behind it should be studied
 
  • +1
Reactions: tomacōck, Atman, Seth Walsh and 1 other person
  • +1
Reactions: Atman and KeepCopingLads
Yo nigga put me on
 
  • Love it
Reactions: Seth Walsh
  • JFL
Reactions: Atman, KeepCopingLads, Serialsuicide and 1 other person
How do you crypto niggas find these coins jfl
 
  • JFL
  • +1
Reactions: Atman, Fridx and Seth Walsh
gymcelld said:
How do you crypto niggas find these coins jfl
Click to expand...
I'm a precise guy. I don't make these calls very often. I can't predict the future, but I can make good bets. This one paid off.
 
  • +1
  • Love it
Reactions: Atman, KeepCopingLads, monk321 and 2 others
Seth Walsh said:
I'm a precise guy. I don't make these calls very often. I can't predict the future, but I can make good bets. This one paid off.
Click to expand...
Mirin hard but how do you cope with mental stress of knowing fuck I could loss 50% of my bread overnight
 
  • +1
Reactions: Atman
gymcelld said:
Mirin hard but how do you cope with mental stress of knowing fuck I could loss 50% of my bread overnight
Click to expand...
I try to put in risk limits as soon as possible. When I suffer huge losses, I stomach them.

But the only way to make money is through convexity. Cap your downside, leave your upside open.

What happens most of the time is, I could be up thousands, and I DONT take profit, then I give it all back; but I don't lose CAPITAL.

If I trade emotionally, price could move against me fast, then I take a huge hit.

But most of this is just practice. It's not even to make money. It's to keep taking asymmetric bets with non-linear payoff while avoiding ruin. That's it.

And my trading bankroll is a very small portion of my actual net worth. If you are using actual reserves for trading, it's over.
 
  • +1
Reactions: Atman, KeepCopingLads, monk321 and 1 other person
Seth Walsh said:
I try to put in risk limits as soon as possible. When I suffer huge losses, I stomach them.

But the only way to make money is through convexity. Cap your downside, leave your upside open.

What happens most of the time is, I could be up thousands, and I DONT take profit, then I give it all back; but I don't lose CAPITAL.

If I trade emotionally, price could move against me fast, then I take a huge hit.

But most of this is just practice. It's not even to make money. It's to keep taking asymmetric bets with non-linear payoff while avoiding ruin. That's it.

And my trading bankroll is a very small portion of my actual net worth. If you are using actual reserves for trading, it's over.
Click to expand...
smart guy
 
  • +1
Reactions: Seth Walsh
gymcelld said:
smart guy
Click to expand...
Only way to make it out of the trenches, realistically.

I (no joke, no LARP) made $xxxK in 2023 through a multi-month Solana trade, where I entered at around $16. Price went up over $240 and I pyramided leverage up and increased the position at the trend developed. Managed my risk so to ride out intra trend volatility, and eventually took profit (not actively), but when volatility rose versus the strength of the trend as the price action started exhausting.

Compound your home runs. I think people need to study risk taking. You cannot predict tail event, so you should not model a level where you take profit, that's always concave and not +EV when you map risk taking as a continuous exercise.

If you take asymmetric bets while keeping risk of ruin always ~0, you will eventually get rich.
 
  • +1
Reactions: Atman, KeepCopingLads and gymcelld
Seth Walsh said:
Only way to make it out of the trenches, realistically.

I (no joke, no LARP) made $xxxK in 2023 through a multi-month Solana trade, where I entered at around $16. Price went up over $240 and I pyramided leverage up and increased the position at the trend developed. Managed my risk so to ride out intra trend volatility, and eventually took profit (not actively), but when volatility rose versus the strength of the trend as the price action started exhausting.

Compound your home runs. I think people need to study risk taking. You cannot predict tail event, so you should not model a level where you take profit, that's always concave and not +EV when you map risk taking as a continuous exercise.

If you take asymmetric bets while keeping risk of ruin always ~0, you will eventually get rich.
Click to expand...
how long have you been into crypto for?
 
  • +1
Reactions: Atman
  • +1
Reactions: Atman, KeepCopingLads and gymcelld
You must log in or register to reply here.

Similar threads

monk321
Discussion My silver short looking good
Replies
1
Views
154
murlikalo
murlikalo
Seth Walsh
Success Short $ARIA
Replies
9
Views
277
stigmaboy
stigmaboy
Seth Walsh
Success Short Cartesi ($CTSI)
Replies
24
Views
329
stigmaboy
stigmaboy
Seth Walsh
Serious Short Ontology Gas ($ONG)
Replies
6
Views
246
d3m4g5
d3m4g5
Seth Walsh
Serious Short $SIGN
Replies
7
Views
299
stigmaboy
stigmaboy

Users who are viewing this thread

Total: 2 (Looksmaxers: 0, Bluepillers: 2)
Back
Top