Founder & General Partner at Crucible focusing on Forex, crypto, energy, and computing. Former CSO at CoinShares with expertise in digital assets & technologies
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Your P&L reflects your habits, not your strategy, confidence comes from execution, not wins. Professional trading is boring and that’s why it works.
Journaling builds traders faster than indicators.
If everyone sees the setup, the trade is already crowded. Markets reward those who wait, then punish those who chase. The best trades feel uncomfortable at entry.
2026 is the year centralized exchanges are categorically disrupted by onchain markets (aka decentralized exchange) Onchain market supply, liquidity and infrastructure has crossed the threshold such that anyone can spin up a production-grade exchange that competes head on with the incumbent CEX core business (e.g. fomo). Many large exchanges are aggregating markets onchain which is accelerating this trend. What used to be a moat (kyc/licenses/regulation first) is now a competitive disadvantage against new trading apps, while value capture has moved upstream to issuance (pump, polymarket, zora, clanker etc) and the network level (solana is really an exchange disguised as an L1). Years of infrastructure work is culminating into the most open and exciting time to build new markets and exchanges. Centralized exchanges will need to be judicious in where they choose to compete as the barriers have come down and the nature of the game has changed.
I've entered a phase where I don't even check my crypto portfolio anymore cause I know its gonna be either sideways or down And tbh I don't expect that to change anytime soon Having been through 2-3 cycles at this point - it kinda just is what it is Still here everyday but holding my cards close to the chest for now
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