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Illustration for Degen Trading Boom

Degen Trading Boom

Rohit Mulani@rohitmulani
· 1

−2.3%

since Oct 10

Practice

The idea

I believe young men worldwide are giving up on slow, traditional saving and leaning into options, crypto and prediction market trading instead, and that this keeps growing over the next year or two. I own the apps where that trading happens, like Robinhood and Coinbase, plus similar platforms serving traders outside the US. I also hold the exchanges and market makers behind the scenes, since they earn on volume regardless of which app wins and help cushion the basket if any single platform runs into trouble. I keep about a tenth in cash to add on the dips.

What it owns

  • · , , , 34%
  • · , , , , 29%
  • · , 13%
  • · , , 13%
  • Cash11%