Finding Crypto's Next Big Trade | 1000x

Speaker 0: There's no winning. There was this great quote that I'll read, which is basically it ties into trading very well. It's by Kierkegaard. He says, marry and you will regret it. Don't marry.

You will also regret it. Marry or don't marry. You'll regret it either way. This gentleman is the essence of all philosophy. I mean, which by which by the way, that is the essence of trading.

This this this this this quote, this is trading in a nutshell.

Speaker 1: This episode is brought to you by Perennial Finance, the on chain DeFi primitive redesigning derivatives for the DeFi native. You'll hear more about Perennial later in the show.

Speaker 0: Welcome welcome back to another 1000x podcast. It's been a wild ride Since our last one, ECTF approved, ready to ready to roll. E e basically doubled in price. I hope at least some people managed to take on that trade. Because what you know, it was funny when I was pitching that trade.

I I really did think it was a 6 month play. Like, I had no idea that it was gonna happen so quickly. I I put I put the probability of it happening very quickly at, like, 20%, maybe, but then it happened quickly. I just knew that it was a good thing to hold because when you have, you know, when you have assets that are you you know are gonna react to certain events that way, you never know when the event's gonna come. So it's just good it's just good to own.

But it was, it's good. You know, I I think we've done we we've we've had some pretty good calls so far.

Speaker 2: Yeah. I mean, why not do a victory lap? All of crypto Twitter does a victory lap in the most obnoxious possible ways. So we can at least say, hey, we recommended EFI. Obnoxious.

No. I think I think EFE is a great trade. I think that, you know, had you listened to this podcast, you would have heard that word on a number of different episodes, and hopefully hopefully, it did something. But if you didn't, the the market seems like it's setting up for a pretty extraordinary kinda second half. I think there's gonna be quite a lot of opportunity, but also a lot of, like, danger and land mines if you're in the wrong tokens or if your book's too messy.