My attempt at humor in the dark times.
What kind of #cryptotrader are you?
Everybody invests differently, but there are some common themes among trader personalities. Do you fit in any of these?
🧵/1
- the tech analyst
”I’ll place an entry as soon as the stochastic crosses the MACD line and hits a Fibb level on the third Gann line”
🧵/2
- the fundamentalist
“Your magic #TA 8-ball couldn’t predict this, but fed is raising rates tomorrow and if Powell scratches his nose it means six more months of low crop yields so SELL NOW”
🧵/3
- the ape
“What’s the contract address?
Ok, I just bought 13 BNB worth. Does this project have a whitepaper yet?”
🧵/4
- the degen
“I’m in 46 different node protocols and I just longed $UST at $0.58 cuz…how could you NOT?”
🧵/5
- the daytrader
“I’ve got four open positions, I’m not even sure I remember what their tickers are.”
🧵/6
- the hodler
“I have one whole Bitcoin, and I’m never selling it. Ever! Diamond hands til I die!"
🧵/7
- the maxi
“Oh your network went down for two days? Gas costs you HOW MUCH? All these L1’s are going to zero. $DAG is the only TRUE Layer0.”
🧵/8
- the moonboi
“When $DOGE hits $1 we are gonna be fkn billionaires!”
🧵/9
- the influencer
“This is my unbiased review I was compensated for #NFA#DYOR”
🧵/10
- the paranoid
"Do you think it's going to go up? Wen do you think it will recover? Can we still make profits in this market?"
Want to learn how the brain works, why humans value what we value, and how to persuade value based decisions?
Here’s your reading list:
Thinking Fast and Slow
Predictably Irrational
Nudge
Influence
Pre-suasion
Misbehaving
The Undoing Project
The Persuasion Code
/1
Barking Up the Wrong Tree
Brainfluence
Alchemy
7 Secrets of Persuasion
Invisible Influence
What Your Customer Wants and…Can’t Tell You
Thinking In Bets
Friction
The Upside to Irrationality
Dollars and Sense
Payoff
Yes
Contagious
/2
This is a crash course in behavioral economics, basically. It helps readers identify how WE are persuaded as well as how to persuade.
This is intimately connected with what we value and why we make the value based decisions we do.
/3
Sustainability was the buzzword of the day when #node protocols were the hot topic. Obviously it was just a buzzword, as no #NaaS protocol has proved to be that.
But what IS sustainability and how do we evaluate it? A thread 👇
🧵/1
First, the definition of sustainable - able to be maintained at a certain rate or level.
So, sustainability is the ability to uphold that level of maintenance.
Let's talk about lending loops. These are far and away one of the most #degen strategies you can employ.
Why?
👇
🧵/1
Because, in a normal lend/borrow situation, you risk your collateral, but you still have the asset you borrowed.
In a lend loop, you risk EVERYTHING;
Your collateral AND your borrowed asset.
If you get liquidated, you have NOTHING.
🧵/2
First, let's talk briefly about how lending and borrowing work, so the loop scenario becomes a bit more clear.
In traditional finance, when you borrow money, you either put up something for collateral (your house or car) or the lender takes a risk based on your credit.