Ideas
AI trade fragile on Altman risk.
The AI trade is becoming uncomfortable because the entire market is levered to AI and Sam Altman/OpenAI, whose revenue is only $10-20B while spending promises are in the trillions. The vibe resembles SBF/FTX with unfulfilled promises and a single main character, making the setup fragile even though he is not short.
Bitcoin risk-reward still favorable.
Bitcoin's heavy OG selling looks like an IPO moment where early insiders transfer wealth to new entrants, which does not preclude further upside. At 100K the risk has fallen more than the reward, he does not expect a 30% drawdown without a quantum/51% event, and he would allocate 80-90% of liquid net worth if BTC traded to 70K on idiosyncratic selling.
Most altcoins will go to zero.
Most crypto tokens will not survive the shift to stock-market-like dispersion; only a few winners will go up while most tokens go straight to hell, so blanket altcoin exposure is dangerous and shorting is too tactically difficult to be a clean short.
Maple growth supports long.
Maple Finance's outstanding loans are hitting all-time highs and the protocol keeps attracting capital and growing. If that growth continues over the next 6-8 months, the market should eventually appreciate it, and he is willing to stomach volatility and buy more on a 50% drawdown.
Short Worldcoin on weekly dumps.
Worldcoin has persistent token emissions/dumps of roughly $40 million per week, creating a flow-driven short opportunity. He would short it tactically and buy Bitcoin against it to reduce broad crypto market risk.
Long Aerodrome, avoid ENA.
Aerodrome is a better long-term DeFi play than ENA because it benefits from institutional uptake and more assets traded onchain, while ENA requires large institutions to park capital on a public protocol with insufficient yields. Aerodrome is still cheap at a 1-2B valuation versus ENA's much higher valuation; he is long AERO and has no ENA position, though he did not short ENA because it requires too much attention.
Long Aerodrome, avoid ENA.
Aerodrome is a better long-term DeFi play than ENA because it benefits from institutional uptake and more assets traded onchain, while ENA requires large institutions to park capital on a public protocol with insufficient yields. Aerodrome is still cheap at a 1-2B valuation versus ENA's much higher valuation; he is long AERO and has no ENA position, though he did not short ENA because it requires too much attention.
HYPE buyback supports holding dips.
Hyperliquid has tokenomics where fees are used to buy and burn HYPE, creating an exogenous foundation buyer rather than relying only on VC and retail flows. This gives him confidence to hold through volatility and buy dips as long as the product does not die; he is long HYPE from lower prices.
Quality crypto apps win K-shaped recovery.
Crypto is entering a K-shaped recovery with less correlation, where high-quality applications with real usage and tokenomics can rise even if Bitcoin draws down to 80K; he views current prices as an opportunity to buy and hold the good assets.
Buy Syrup for low correlation.
Syrup barely trades with the broader crypto market except during liquidation wicks, making it a high-quality DeFi asset to buy and hold as the market bifurcates into winners and losers.
L2 tokens are uninvestable.
L2 tokens are uninvestable because block space is abundant and commoditized; there is no shortage of blockspace, and another L2 like MegaETH will not matter in two years. The world needs applications, not more L2s.
Buy violent dips in majors.
Market structure has shifted to larger, slower, more methodical participants, so sharp 2-3 sigma sell-offs in majors are buying opportunities. He specifically says for Bitcoin, ETH, and Solana, you can buy even a violent dip and expect higher prices over time.
Zcash good, but don't chase.
Zcash has a superior privacy architecture with fully shielded transactions and has captured mindshare, so he thinks it is here to stay and was undervalued. However, after the sharp rally he missed the move and thinks buying at current highs is unattractive; patience or earlier-stage privacy investing is better.
Buy more Monero for privacy.
The privacy narrative is investable, and Monero is the coin actually used in privacy circles. He explicitly says to buy more Monero and notes Kraken is the only non-sketchy venue he knows to buy it.
Ether Rocks better than CryptoPunks.
Ether Rocks are a better investment than CryptoPunks because they are the first NFT and have scarcity; he loves his rock, will not sell it, and thinks people underestimate its value.
CryptoPunks likely leak lower.
CryptoPunks are likely to leak lower because there are too many, there is always someone selling, and the 2021 PFP meta is a fad that likely will not return. He sold his punk to free liquidity for better investments.
This 1000x Podcast video, published November 11, 2025,
features Avi Felman, Jonah Van Bourg
discussing AI-SECTOR, BTC, ALTCOINS, MPL, WLD, AERO, ENA, HYPE, Quality crypto applications, SYRUP, Ethereum L2 tokens, SOL, ETH, ZEC, XMR, ETHERROCK, CRYPTOPUNKS.
16 trade ideas extracted by AI with direction and confidence scoring.
Speakers:
Avi Felman,
Jonah Van Bourg
· Tickers:
AI-SECTOR,
BTC,
ALTCOINS,
MPL,
WLD,
AERO,
ENA,
HYPE,
Quality crypto applications,
SYRUP,
Ethereum L2 tokens,
SOL,
ETH,
ZEC,
XMR,
ETHERROCK,
CRYPTOPUNKS
