good post on hype as a long term investment
i personally put hype on *almost* the level of btc as a long term play
don't just hold spot
stake it
been thinking about $HYPE as a short-term trade vs $HYPE as a long-term investment
$HYPE is probably the only token other than $BTC that i would feel comfortable locking away for 3-5 years and not thinking twice about it
i am bullish on $HYPE long term. if you are not, as Jeff said - you are welcome to trade elsewhere
the @HyperliquidX team has demonstrated that they are pursuing an ambitious vision and so far have had no major unforced errors while quickly reacting to and dealing with challenges
so, what happens when price is down?
the accumulation fund removes MORE tokens from circulation with the SAME amount of revenue making YOUR tokens that much more scarce
if the protocol spends $3,000,000 on daily buybacks
đžwith $HYPE at $45, 66,667 tokens are removed from circulation that day
đžat $50, 60,000 are removed from circulation
đžat $60, 50,000 are removed from circulation
and make no mistake - $HYPE price WILL be higher in the future. there is a reason why people like @CathieDWood are bringing it up as being on their "watch list"
TLDR:
1⣠hold spot
2⣠trust jeff to cook
3⣠enjoy the days of AF removing big quantities of $HYPE tokens making YOUR spot holding that much MORE scarce and valuable long term

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