Short Everything Capital

Man, it hurts -- whale 0x165 just dumped part of their bloodied $LINK bag, taking nearly a $200k loss. A year ago, they bought 232,655 $LINK worth $3.064m at an avg. price of $13.175. Today, they sold close to $1m worth at $11.14. The rich are rarely wrong, but when they are, it costs them a lot of money! arkm.com/explorer/address/0x…

You can almost hear the liquidation alert noise. $LINK

Glad we have Price working so closely with us, he is going to have a lot more work now that all financial markets are going on-chain 24/7 but I think with Chainlink he can handle it well.

$SPY and $QQQ goes down tomorrow, prepare for pain

ethereum:0x514910771af9ca656af840dff83e8264ecf986ca I think I've reached a point where diversification is becoming more important to me. I waited until LINK.NYC to reassess but today, I sold 75% of my all ethereum:0x514910771af9ca656af840dff83e8264ecf986ca Avg cost of all those were $18. So taking the loss on those. I'm maintaining roughly 25% of my portfolio exposure through $GLNK shares and June calls. Still a substantial position and exposed to the asymmetry. My biggest investing successes came from concentrating heavily in a few asymmetric opportunities in the stock market where you are a direct shareholder. With Chainlink, my conviction in its business and critical infrastructure hasn't changed. But I've come to accept a legitimate risk: Chainlink's success doesn't necessarily guarantee LINK token value accrual like owning shares in a stock. This is a fact and a risk that one has to accept when investing in any crypto. Payment Abstraction and the Reserve are promising, but questions around tokenomics remain. ethereum:0x514910771af9ca656af840dff83e8264ecf986ca also trades with the broader crypto market, a space filled with misinformation and narratives that often overshadow fundamentals. I simply don't want my portfolio overly dependent on something this abstract, especially when I see other asymmetric opportunities with clearer paths to shareholder value. Opportunity Cost is a very real thing. Here's where I'm looking to reallocate the rest of my capital: $AMD: Going back to the one I was in from the 20s and sold in the triple 100s to rotate to Chainlink. Huge upside over the next five years. I believe this becomes a multitrilliondollar company. $HIMS: Significantly mispriced. A market cap repricing play where 10x over the next 3–4 years isn't out of the question. $NAUT: Big asymmetric bet. If execution goes right, the upside could be obscene. Have done a lot of DD on this and their latest earnings show they are goig in the right direction and the risk reward is really good at these levels imo. However, its still pre-revenue, so substantial risk and as a result size accordingly. $NFLX: Trading around 18x earnings at $62. I see significant value over a five year horizon. Already accumulating and will continue averaging down, with $54-58 being my absolute sweet spot. I'll also maintain 10–15% cash reserves for future opportunities. This isn't FUD. The bears haven't won. I still strongly believe Chainlink is one of the most misunderstood and biggest asymmetric opportunities in the market. I just don't know and no one knows when we see price movement and don't want all my capital exposed. But being right about the technology and being right about the investment aren't necessarily the same thing. I'll continue covering Chainlink alongside these other investments.