biggest mistake in crypto is not being able to adjust
you will sell early on a project and never buy back in, unconsciously rooting for it go down because of ego
don’t let this happen to you
as you were coping during the May dip some autist who started with 3 ETH bought 5 BAYCs and minted 5 Fidenzas then sold his illiquid jpegs end of August and went into OHM before rotating into SHIB
now he's a rebalanced into ETH/BTC (as a billionaire)
everyone gets what they deserve btw
if you don't have conviction built through research, autism and community strength you're not going to hold your token when it goes 100x
Pengu long thesis is they airdrop 1:100,000 tokens for each NFT for liquidity then shill it to be the next Shiba and get it listed on all exchanges to gigapump
That’s at least a 90x
what was your virgin moment?
mine was finding sushiswap 3 mins after launch and not aping because “it’s a scam”
proceeded to keep up with the project “to do more research”
meanwhile my friend said “good project” yolo’d his whole stack went outside and came back to ~$3 million
TAO is BTC for AI, rest of everything liquid is still quite mid... you have OLAS that's about it
so many dino tokens, larp-AI tokens, chinese hardware tokens, chatgpt wrapper tokens, no mission driven cults etc
Funds b lik
In case of an investigation by any federal entity or similar, we do not have any stakes in LUNA, or with any of the UST. I do not know what it is, and pegs were supported by a third party. I do not support any actions involving this protocol.
For those of you wondering why $CANTO is $0.67. Canto is a meme coin in Korea.
Retail is calling Canto “Cantominium” claiming people can one day afford to purchase an actual Condominium if they hold $CANTO.
For those of you wondering why $APT is $17. Aptos is a meme coin in Korea.
The
#1
asset class in Korea is real estate — more specifically, Apartments.
Retail is calling Aptos “apartment” claiming people can one day afford to purchase an actual apartment if they hold $APT.
the moment you *feel good* going all-in is usually near the top
the moment you *feel good* selling everything is usually near the bottom
the moment you *feel good* taking profits is usually when you should be adding to a winner
emotions != +EV
evaluating cap tables
Good = angel investors with good CT rep & team or fully community raised
Neutral = top VCs with longer term vision, farther out vesting schedules
Bad = chinese VCs, trading firms, market makers
not racist, it is what it is.
top 5 reasons you faded generational wealth
1. Thought it was a scam
2. Didnt bridge bc too much work
3. Anon devs
4. Too much effort to contribute
5. Too risky, contract not audited
once you hit your number you might mentally checkout & play defensive
suggest you bankroll a modest sum and roleplay as if you started over
keeps you sharp
risk of being all-in or all-out in crypto is that literally all the gains happen within a 14 day window
if you miss a big move you suffer 350 days of bleed and chop with nothing to show for it
most overestimate how much they can hodl
ppl that can take large drawdowns over long periods =
1) high cash flow
2) small % of portfolio
3) religiously faithful
4) no access or lost wallet
5) dead
Ritual, Gensyn, Upshot, Modulus, Spectral are gonna be AI cookers but they're all $450m fdv so more compute farming operations
where my sub $50m seed projects at
so many spots to deploy in this market... you wont have enough time nor resources to catch em all so prioritize the highest EV opps and trust the process
specialize in a sector and/or chain and collaborate with other niche researchers
So what happened with NXM?
Did we all realize insurance on-chain is useless since there's no way a DAO votes against it's own existence when there's a large payout?
@priyeshugarg
Once you see enough pumps you realize there’s always an opportunity around the corner.
Focus on what’s next when everyone’s coping about the past.
everyone should start thinking about their networth in age
just like companies you need to give premium to youth and discount to age i.e. someone 30 years old with $20m is > someone 70 with $200m
easiest way to keep tabs onchain
>follow the earliest and largest holders
>see which wallets they tie to
>track who shills first on CT
consistently the same people? you can prob tail and figure out who it is just from heuristics
supply chain and inflation cucking the middle class and they're beginning to notice
don't think it'll get better in 2022
you better larp as poor or a cowboy
Duality of men
Price goes up - you were right about the fundamentals, should I ape 100%
Price goes down - you were wrong, where is your god now, it’s a ponzi