Making $5M in Unconventional Trades w/ 0xLaw

ZeroXLaw began his crypto journey with a $5K investment, driven by skepticism towards projects like Wonderland time. He focused on undervalued digital assets, buying tokens below their treasury value and demanding redemptions, which grew his portfolio to around $120K. After a year at a market-neutral fund, he transitioned to full-time trading, successfully increasing his investment to approximately $2 million by leveraging high APR opportunities and focusing on tokens with high protocol-owned liquidity.

His fund achieved several hundred percent APR by farming Aero USDC Delta Neutral, while he monitored Coinbase's buying patterns to minimize impermanent loss. ZeroXLaw emphasized a risk-averse approach, claiming no month-over-month drawdowns and asserting that profitability is achievable in any market condition. He criticized funds that fail to outperform Bitcoin, suggesting they should not exist, and noted that some funds struggle despite a rising market.

Speaker 2 shared unconventional trading strategies, including a successful airdrop linked to AI-generated dog images as NFTs, which generated approximately $400,000 in profit. They discussed the "Sibling" strategy for maximizing airdrop claims and reflected on securing Mega ETH whitelist slots through social engineering. Both speakers commented on the rising trend of online gambling among younger audiences, with Speaker 1 expressing personal opposition to gambling.

The conversation shifted to significant bets that increased wealth from three to ten million since October last year, including investments in Circle and Kraken. Speaker 1 discussed a $23 million exploit they white-hatted, emphasizing the importance of caution in crypto and DeFi. They advised on position sizing and noted that as more funds enter the market, the edge in crypto is diminishing.

Speaker 1 also discussed Risk-Free Value (RFV) strategies and the emotional challenges of trading, emphasizing perseverance and patience. They encouraged newcomers to leverage networking platforms and cautioned against gambling while advocating for high-risk, high-return opportunities. The conversation included humorous references to trading tools and critiques of course sellers, while Speaker 2 introduced their project, Stream Finance, an on-chain market neutral fund for simple yield generation.