Thread by @tayvano_

This is not financial advice. You should not take my advice.

If you do things that could have a detrimental impact on your life or financials bc of anyone's tweets, you will end broke & angry.

K? K!

Right now is the MOST FUN part of the bull run. You have sweet shit being built. Prices are up and capital is flowing more than it was. Energy is in the air. Most of community has been around the block and can handle losses.

Enjoy the fuck out of it as responsibly as you can.

Because in a day or a week or a month, it will start to shift. Instead of long-standing members of the system launching a grand memey experiment using one of the weirdest emojis as a brand, it will be malicious outsiders who come solely to take money and manipulate biggest fools

For those getting worked up about "dumping on retail investors" you know nothing. Up until this point, the hype projects have had various degrees of good/bad execution but have, for the most part, had good intentions.

Not for long.

$YAM will be full of lessons to be learned. Enjoy it. Analyze it. Share what created the hype. Who had the power? Yell about it. Talk about the risks. Do all the things. Because it could hit $200M, get completely pwn'd, and this market would keep on chugging.

The fact that nothing can severely disturb the momentum is what is most attractive to malicious actors. They will make a lot of money and people will lose because the exuberance and fomo and greed and hype are the most powerful things on earth.

The magic of this moment is that if you are here now, you have every opportunity to make money. The way you do that is to #HODL.

You play with all the things in a bear market. You lose if you do the same in a bull.

Pick a few longterm legit coins that you like. Be invested in them. Do research. Do not follow the shills. The amount $ should be no more than 5% of your net worth. Even BTC could go to 0.

Do not rely on them for day-to-day living. It is not runway. It's a surprise cake.

Do not buy more. Once you are in, you are in. Accumulation time is nearly over (I think, for now, imho).

"All in" doesn't mean "all my cash and paychecks and credit cards and mortgage." It means 5% of my worth.

It's a joke now but for the next 3-18 months, people will take on huge debt to get crypto. And they will not win. They will lose their house, their kids savings.

Do not be those losers.

Of 100% of your crypto holdings, put 90-95% of it in super cold storage. Make a calendar or a plan for when you are taking profits. Take those profits NO MATTER WHAT. The market will swing wildly. You will win if you take profits consistently, not if you try to call top.

The other 10% or 5% or 1% of your holdings should be worth literally 0. Dont put them on your balance sheet. They are nothing.

This is the amt you can afford to lose. This is your play money. This is what you throw at shit that gets you hyped for entertainment & pleasure ONLY.

Have fun with it but once it's gone, it's gone. Don't double down. Don't take from your savings account or your cold storage. Don't fuck with fate. You will die.

Never forget that incentives are incredibly powerful and incredibly hidden in crypto. Disclosure, competition, conflict are normal. There are no #ad tags and there are no "I'm an investor in X" statements. You don't know people's holdings.

Trust no one. Even good people are motivated by the coins they hold and the relationships they have. You may eventually see the edge but you will never know fullness.

Make decisions based on multiple sources and your knowledge and your gut. And even then, only with your play $.

If you have a boner and are feeling on top of the world, you will probably lose. Less is more when it comes to this market. Seriously. The second you feel like you can't lose, it'll hit you smack on the head with a dose of reality. Keep it simple. Have fun. Take your time.

Lastly, the best investment you can make is in your personal security and skepticism. Real, hardcore security and deep questioning of everything around you.

No one knows what they are doing...at best. At worst, that person you think you like is going to take all your money.

'Don't trust, verify' was the mantra drilled into me when I first got it. It needs to make a comeback. We lose if smart people with good intentions and bright futures lose.

Welcome the noobs. Look out for one another. Love each other.

But mostly, stay safe out there. 💖

(The above is not financial advice. The last time I tried to predict the price I was off by a magnitude of 10 in the wrong direction. Make your own decisions with your own research, I could be super wrong about the market rn. Love you! Good luck!)