The Bonk meme collective is experiencing a wave of excitement. It feels like we need to keep a close eye on it.
Every time I publicly take a new trade I have an army of people screaming 'bonk guy is lucky' or 'bonk guy thinks we're retarded... the coin only pumped because of his tweet' or some other variation that insinuates coins only pump because of me and not because my thesis behind the coin is sound. Interestingly, these people ignore the fact that 'bonk guy' was a nobody when I took my $BONK trade in The Lab almost 2 years ago and turned $16k to $20m+ upnl at peak (publicly!) I was so unknown at the time that most people wouldn't even allow me into their groups in the trenches, and I didn't even have an X account—let alone a single follower! I only set up an X account because my BONK trade went viral and many insisted I set up one (hence the name 'bonk guy'). Since then, I've publicly taken a few more high-profile trades: - Turned $6k to $1 million+ on $WIF in a few months. - Turned six figures to $10 million+ on Department of Government Efficiency (currently roundtripped). - Turned low six figures to $8 million+ on FARTCOIN. - Turned low six figures to $1 million+ on POPCAT. - Turned low six figures to $1 million+ on PNUT. Of course, I have a lot more successful trades like this—some I've roundtripped (and will recover, God willing). But my detractors easily ignore and dismiss these very public and successful trades and claim that coins I call only move because I 'have a lot of followers.' These attacks intensified after my PNUT trade, which was the last public perps trade I took (still open btw!). As a result, I've decided that going forward I will no longer be publicly announcing all the trades that I take. And to this effect, I opened two new trades recently: - I opened the first trade about a week ago: currently up 65%. - I opened the second trade two days ago: currently up 164%. I will not be disclosing the name of the coins or tickers publicly until these positions are up very significantly or after I close them. I'm doing this to make a statement. I want to be clear: I am perhaps one of the very few CT accounts that does not pretend to know it all, and that has repeatedly stated that I get more trades wrong than I get right. My approach is based on making sure the size of my wins greatly overwhelms that of my losses, and it has worked well so far. I get it, people have gotten so jaded by 'KOLs' dumping on them right after shilling that they expect to be used as exit liquidity. So they naturally assume that every CT account is a scammer. But I literally ALWAYS put my money on the line whenever I call something publicly: most of my wallets are public and I often ape size in plays—some of which I've roundtripped. I literally roundtripped $10m+ on DOGEGOV on a public wallet—what kind of scammer will find that amount of money irresistible and not dump it if his motivation is to use followers for exit liquidity? Bigger CT personalities have done worse for much less! Anyway, I'm not here to sing my own praises. I don't do KOL deals, no longer have time to check my DMs so miss out on offers, and repeatedly turn down investment and OTC deals from some of the biggest and most liquid projects in the space. I am exactly what I appear to be: if a public call I make does well, we win together. If it does bad, we lose together—'cos I have my money on the line! Anyway, I'm done ranting. I will be posting an update on the two trades I took when I close them or when it's up so significantly (or becomes consensus) that no one will be able to accuse me of 'using followers for exit liquidity.' I'm posting this as a timestamp of sorts that I can reference in the future, so the trades do not appear random when I post the PnLs. Until then 🫡
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