they really finally taught everyone about cycles and then supercycled it

lmao the psychology behind identified groupthink in markets is sooo fkn interesting man

for the last 3 years people have been having the same "is the cycle over" discussion

Generally whenever anything seems overly smart/genius and people talk about it alot to appear so, its a bad sign

i.e ppl btfo by alameda scam but can recover face and genius by using 110iq brain to go "genesis is going to implode crypto is going to zero" not taking into account the fact that it was 10% the size of ftx implosion and sth that was far more legally protected than ftx so way less chance of horrific meltdown but hey it matched sth that happened before and shows my gigabrain so this is what i'll do

Usually black swans occur once then never occur again, but once they've occured once the mental assumption of them occuring again is somehow 100x'd

in that vein, we have 10000s of people talking about cycle this and cycle that yet i rly cant find many posts from people in the past that actually got it right

part of human nature to think stuff is conquerable, but truth is markets arent conquerable atall and no matter how much energy heart soul wisdom u put into it ur still just slinging dice, and becoming profitable is more about understanding that than trying to find cheat codes

https://twitter.com/loomdart/status/1660993632747372547

ree forgot to tweet this one lol

but here's another good example

Adam Cochran's tweets over the last 10 hours a prime example of not understanding how ppl in crypto think don't play a hero till stuff gets *stupid* not till it *doesnt make sense* especially into a weekend with fears post UST collapse still prevalent

no heros left to buyup usdc, MMs too hurt by ftx, fears of contagion

Will you see like 94-95 cents in backing in a few months?

hey @elonmusk there should be an option to just steal peoples tweets, like you can click it and itll just copy paste their tweet and if you get more likes/retweets than the original you get to delete the original you should be able to click a fake button on peoples tweets and if enough people click the fake button it has a huge banner over it that just says fake

0 fkn clue what bitget is, but uhhhh how they just randomly getting 1.3bn in eth OI

am catching up to derivs n exchanges over next few days (ill probs post some charts related to it n other shid too it's been a loooong while lol)

would appreciate some insight I mean i know what bitget is it's late 2020 bybit reborn lol