one of the reasons why i was drawn to crypto is because it was (and still largely is) a very overlooked strategy for wealth accumulation that i had assessed to have "generational once in a lifetime" opportunities because of the extremely broken risk/reward skew
in a similar train of thought

one of the reasons why i play the markets the way i do with stables and long-only crypto (i rarely short) is because i think its the best r/r strategy for wealth accumulation, especially if you live probabilistically and are playing across time
why do i say "probabilistically"?

because "no one knows what will happen", but if you're experienced and in deep enough, you have significantly better odds of "guessing" how things pan out

you want to be able to profit in any of the most likely outcomes and ignore the rest
even if the current "true" path of the future is divergent from your current path

YOU CAN ALWAYS CHANGE YOUR PATH

which is why you need to constantly know where you are heading, and where the rest of the world is heading

you cant change the wind, but you can adjust your sails
the odds that your 1 strategy is the best strategy ever and requires no calibrations or considerations to external factors is laughably retarded af

and imo, it is also borderline malicious if you extol it to others without considerations of their circumstances and abilities
what do i mean by "playing across time"

like in chess, most people play in series - 1 move, evaluate, next move. basically IFTTT if this then that

but you would actually want to be setting yourself up several moves in advance - losing a piece now is actually strategically fine
simplified, the primary objective (for me) is to own a fuck ton (yes, even more) of coins (yes, not USD), and therefore you advance forward

but by advancing on fronts tactically, it doesn't matter if you lose certain battles if it simply just sets you up to win the entire war
a lot of people are playing the "make it, then fk off and retire" game, and there's nothing wrong with that dream

personally, i just want to own as many coins as i can - for fun

i have always viewed crypto as a 24/7 365 money MMORPG - it's immensely fun if you don't suck at it

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More from @DegenSpartan

14 Jun
based on my complicated and advanced high level analysis of hodl waves i have concluded that we will see a second and higher peak later this year or early next year, similar to 2013 where there was a "false" peak signal

unchained-capital.com/hodlwaves/
please do not change the colors of my circles, they are very important and not interchangeable
i did "older" coins so you can see what the older money is doing, but only in the 1-3y bands so its more comparable to 2013

"OGs" are usually better at selling into run ups, then stacking in a bear market

looks like they still have a lot to sell, potentially promising for ATHs
Read 4 tweets
14 Jun
im very sure we see project / DAO funded vtubers this decade

3D has shortcomings that 2D solves

the independents will weild the most power, similar to the accounts now that are not tied to perma cheerleading just 1 coin / project
deep long range psyops will be secretly funding a vtuber account and grooming it as independent by public perception for months before turning on the psyops to pivoting and subtly shilling the things you want shill
i would say that such advanced techniques wont be needed to be employed for quite a while

the current pool of participants are easily subdued with low tier psyops
Read 5 tweets
13 Jun
brotatoes,

unfortunately in a bear market, everything goes down

BTC goes down the least
ETH will go down more (maybe TTID?)
alts will all damn near die, and some actually will

there are exceptions like LINK, but i would consider it an outlier for generalizing purposes
it is simply market beta

you think the industry is smart and mature enough to differentiate well between "good" and "bad" coins?

is this also in the same reality as the one where dog coins and 2017 era coins scam pumped while defi "futur of france" barely outperformed ETH?
there is a difference between what you hope to happen vs what will likely happen

bitcoin is a "good" coin, and it still dumped (of course it will, dumbass)
et hirium is a "good" coin, and it dumped 90% last cycle

if you still don't get it, dont worry, the market will teach you
Read 4 tweets
11 Jun
harvest not looking too good

looks even worse when charted against ETH
i heard you like price/earnings ratios

theirs is 1.51

CHEAP CHEAP CHEAP 🔥🔥🔥
circ mcap = 33.1M
earnings per week = 0.435M x 52 = 22.63M

boom, 1.51
Read 5 tweets
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

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