Thread by @DegenSpartan

i like this comment because it also highlights the impact of portfolio allocation

you allocated 100% your crypto portfolio into BTC and got a 2x? very nice

but you're 90% in stables and your allocation was 10%? your BTC 2x translates into a portfolio +10% gain

size does matter

there's only 2 ways to outperform someone else (not sure why you'd want to do that tho)

-buy things with higher beta
-have a larger % allocation to risk

the thing is tho, for gripto, since so many of us are 90%~all in (maybe even leverage), outperformance comes from #1

imo the better way to reframe: it's not about trying to outperform other crypto players

but to recognize that 90% of normies dont care about crypto and if you can make it out like a bandit with 1 good cycle, you'll be leapfrogging your way into the top decile of your peer group

at the end of the day, when we log out of the metaverse, we live amongst normies and we will use our dirty blood money to outbid them for houses and all other sorts of valuable IRL resources and assets

imo, that's the ppl you'd want to out rank, to feel a tangible QoL upgrade

@DegenSpartan I followed u for the hentai retweets