Weekly Wizdom x China Trade Deal

• UAMY (Donny): Called in 5/7 NL at $2.57 and reached as high as $3.52 this week for a +36% unlevered return in ~2 weeks

• IREN (Donny): Called at $8.50 post-earnings in mid-May with a last close of $10.49 for a +23% unlevered return in ~3 weeks

• BTC (Daniel): Longed 101000 - 102300 range, hit all TPs of 106500, 108500, and 110000 within the same week. ~8% move

• HYPE (Daniel): TG - Longed 33.40, sold 36.34 for an 8.8% unlevered move

• FARTCOIN (Daniel): TG - Longed 0.994, sold 1.0358 for a 4.5% unlevered scalp

• FARTCOIN (Daniel): TG - Longed 1.034 and sold 1.09 for about a 5% move. Many held longer as FARTCOIN hit highs of 1.39 in under 48 hrs

• PEPE (Daniel): TG - Longed 0.0119 and closed 0.0125 for a 4.5% unlevered win

What Are Your Goals, Truly?

Most people in the markets are here for a simple reason: Money.

Most people want to grow their wealth, but many fail to ask why. You probably have a loose idea, but when asked, many can't specifically explain why they want or need more money.

Some will think of nice cars, watches, and big houses, but is that truly your goal? Sure, those things are fun, but they don't bring happiness or long-term fulfillment.

So, if you don't have your why, sit down and think: "What impact would more money have on my life?" Do I really need/want that impact? What truly matters to me?" Once you know the answer to those questions, you can ask the final, most important question: "How much would I need to achieve that?"

You'll likely find that your goal doesn't require piles of money. Many want to stress less about the bills and take more time off. To not work 60 hours a week to support themselves and their family. But the fact is, you don't need millions for any of these, even more so if you live in a cheaper part of the world.

Yet many still focus on ridiculous numbers that they don't need. They gamble with their little money, trying to chase them rather than taking the smart approach.

That smart approach is to figure out your goal, then change your approach depending on that goal. If you just want a bit of extra capital, then work your way up slowly and steadily. Make smart sacrifices, cut your costs where possible. Avoiding debt and saving up, then investing that excess income in high-probability bets, rather than memecoin lotto tickets. 

If you feel like you need more, go down the risk curve. Take bigger bets but make them with intention.

I shouldn't need to remind you all that Bitcoin was the best-performing asset this run, not just on a risk-adjusted basis but also in real performance compared to many adults.

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