Trading Pub – 09 May 24

00:00: Taking a friend flying and on the return flight the friend got sick in the cockpit from doing aerobatics.
11:25: Not being worried about recent crypto ETF outflows and expectation that inflows will increase again. Also discussed price targets for Kaspa cryptocurrency.
13:26: Further discussion of Kaspa price action and expectation for price to move up and set new all-time highs by end of summer. Also interest in seeing pullbacks in Kaspa to invest again.
14:26: Recent increases in the US Treasury General Account levels and implications this has for potential future increases in government spending.
31:02: Discussion of technical analysis patterns like head and shoulders, falling compression, and coiling in charts of projects like Render, Rowan Energy, Binance. Also discussion of Bitcoin market dominance.
44:27: Charts showing that rising interest rates, low unemployment, and high inflation have historically led to recessions. Also mentions that US debt increases by $1 trillion every 100 days and interest payments are over $1.1 trillion annually, which is unsustainable.
52:00: How institutional money from bitcoin ETFs cannot directly rotate into alts due to lack of regulatory vehicles, and how this affects potential investment in projects like Tau.
54:27: A look at Tao stats to show the high and increasing costs of registering subnets, indicating institutional-level funding, as well as examples of large VC-backed companies running Tau nodes.
01:13:38: Difficulties navigating Uphold wallet and preferring to trade via Telegram for better prices.
01:13:51: Navigating Uphold wallet and issues with login process requiring email confirmation each time.
01:15:38: Recommendation to trade tao via Telegram with representatives for better prices than on Uphold platform.
01:18:51: A section in Discord for on-ramping and off-ramping cryptocurrencies as requested by multiple users.
01:20:38: Announcement of upcoming CUDL event where exit strategies will be discussed in more depth.