the funny thing is that if i was a BTC maxi, i would have significantly less BTC

profit maxi ftw
which is pretty ironic if you think about it

that the person who gives close to zero shits about "bitcoin values" ends up with way more BTC than if he was a "proper" maximalist
i guess thats what pisses off BTC maxis so much

shitcoiners like me coming in later than them, with less resolve, completely different set of values

yet outperforming them by magnitudes
sometimes i think its sad

but then once in a while you accidentally interact with them and then you realize "naw, fuck these idiots"

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More from @DegenSpartan

7 Jun
i think you know what is my bias here Image
since this is charted against ETH, you need to ask yourself whether your DeFi stuff is going to outperform relative to ETH

if market pumps... it's cos of 1559 and ETH2 memes? if ETH pumps, will ETH suck liq out of defi?

if market dumps, does defi dump even harder than ETH?
hypothetically

if you're bearish that this bull cycle is over, you actually should at least minimally roll out of alts and back into ETH

de-risking, from ultra high beta to high beta, in a sense

since pretty much all alts will nuke harder than ETH if the market goes to shit
Read 4 tweets
7 Jun
i suppose since i was here from the start of defi, it never really occured to me that you need prerequisite knowledge in certain things to use other things in defi (also general crypto things)

kind of like a skill tree i suppose

i think its slightly different from a tech tree Image
- improving in 1 direction may help or have no impact to another mastery
- masteries may not overlap can still synergize your build
- finite time to learn also means finite skill points
- some people start with existing skills
- some people have a larger skill point ceilings
- it is a myth that more masteries means a better character
- some people are great at some things but suck at others
- min-maxing and focusing on what your build strategy is probably more effective than jack of all trades master of none strategy
Read 4 tweets
26 May
im sitting on a good amount of both stablecoins and crypto and i dont have any particularly strong mid term convictions one way or another

i feel very lame and gross on having no strong convictions right now but it is what it is
if we bear, i can draw down on my stables for IRL stuff
🍜 and i can eventually buy depression to increase my ownership of networks ☠️

if we bull, i will continue getting scammed into being rich 🤝 and i can add fuel to the fire and play for the real parabolic blow off 📈
this is just how i constructed my personal portfolio so that im kept long term in the game (cockroaching) without having to worry about the inconvenient reality of real life expenses

as your absolute NW in $ increases, i think your cash % range should naturally go down lower too
Read 5 tweets
26 May
"Low probability of success, but incredible asymmetric payoff if it occurs."

gonna say this everytime i shill my shitcoins so whenever i dump on everyone and tank the price no one blames me
you guys think normies gonna use defi and buy their tokens but cmon even fucking maxis who would derive the most utility from using defi havent used it yet
maxis that i introduced to defi on eth have a 100% capitulation rate

but it's a slow process of skepticism - telling me they'll try it and fully expect to be scammed - cautious acceptance - joy - and now struggling internally between deciding ETH or BTC as a long term SoV
Read 5 tweets
25 May
is it possible to be long term bullish on crypto and defi on revolutionizing finance while also recognizing short term how fucking retarded dog money was
there was the dog money stuff which i thought was pretty crazy already and then things got even weirder with stuff like Cum Inu and elon sperm
i think there's a massive gap between what crypto natives think normies will gravitate to and understand, and what they actually gravitate to and just how much they actually dont understand shit
Read 6 tweets
24 May
we're on month 9 now ill update in june
i personally found it funny how people slowly started measuring defi performance in USD instead of ETH
but u wldnt blv it

hrmph Image
Read 4 tweets

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