Doin a (relatively) quick $OHM thread bc of all the price fud I'm seeing.
This comes straight outta part 3, where I discuss the risks inherent to @OlympusDAO. I've run many tests, and conclusively found the biggest risk with this investment.
Wanna lurn wot it is? 👇 0/n
This comes straight outta part 3, where I discuss the risks inherent to @OlympusDAO. I've run many tests, and conclusively found the biggest risk with this investment.
Wanna lurn wot it is? 👇 0/n
All tests and analysis confirm the single biggest risk to your investment is...
u
1/n
u
1/n
"But how can this be? How am I the riskiest element in this equation??"
Because, fren, $OHM is charting treacherous waters. And if your hands aren't stronk enough, then you'll get tossed to sea. 2/n
Because, fren, $OHM is charting treacherous waters. And if your hands aren't stronk enough, then you'll get tossed to sea. 2/n
It's one thing to simply tell you that things are going to be rough.
Conceptually, you very likely understand what extreme volatility means. And you can probably imagine what it would look like if $OHM experienced an 80% drop over night.
3/n
Conceptually, you very likely understand what extreme volatility means. And you can probably imagine what it would look like if $OHM experienced an 80% drop over night.
3/n
But there's a good chance you don't know the emotional content of such an experience.
There is nothing quite like the sensation of the bottom falling out of your stomach as you watch thousands upon thousands of dollars worth of something evaporate within a few hours. 4/n
There is nothing quite like the sensation of the bottom falling out of your stomach as you watch thousands upon thousands of dollars worth of something evaporate within a few hours. 4/n
To weather extreme volatility like that and be totally unbothered, you have to earn it.
Books and Borks can lurn you of the concepts. But only experience can lurn you the emotional contents. 5/n
Books and Borks can lurn you of the concepts. But only experience can lurn you the emotional contents. 5/n
And the risk is that you make rash decisions that are exactly the opposite of what you should do. Bc emotion and loss aversion go into overdrive and take control of the wheel. They beat the shit out of your logical self, and if your hands aren't steel enough, you'll let go. 6/n
Even knowing this, you'll say you understand.
You'll say "trust me," I'll be fine.
Such is the nature experience. The most important lessons can generally only be taught by experience. 7/n
You'll say "trust me," I'll be fine.
Such is the nature experience. The most important lessons can generally only be taught by experience. 7/n
Even so, I truly hope you're able to do yourself a favor and get out of your own way and stop checking price everyday.
If you had conviction, then stop worrying about price.
And if you keep worrying about price, then you never had conviction. 8/n
If you had conviction, then stop worrying about price.
And if you keep worrying about price, then you never had conviction. 8/n
As you might imagine, this applies to investments outside of $OHM.
The beginning and end are known.
And the journey can be a breeze—if you let it.
May your charts be uppey and to the right.
~bork
fin
The beginning and end are known.
And the journey can be a breeze—if you let it.
May your charts be uppey and to the right.
~bork
fin
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