Agreed, turning suburbs into a Jackson Pollock of shitful architecture is a crime. The established look and feel of a neighborhood should be a hill NIMBYs can die on.
Used to live in Moonee Ponds, and someone plonked what looks like a bali resort into the middle of mid-century mansions. Yuck
@TerenceMcCart14 I was surprised when I saw it as it's out of character for the landlords. They've done well to curate the tenants and then there's this
If a decabillion dollar company has no incentive to fix the problems that occurred then there's no hope apart from regulation imho
DEXs don't fix this because the same lack of incentives apply
I've stopped using leverage entirely in the last 12-18 months, both because it's me speed running a negative pnl but also for all the reasons which occurred yesterday
Personally my engagement with crypto is going to be spot, parked on a ledger, with minimal interference. The puritans might be onto something
I've definitely felt the same this cycle.
Waiting patiently for top signals only to have false positives (see: celeb coins) which could be positive positives in hindsight (pls god no)
I've done less and less as the cyle wears on. I'm sitting on my stack and focussing more on family as time is finite.
I feel for you, handling the financial stressers as well as familial is a whipsaw
Take care of yourself as you've got a weight on your shoulders 🫶
how to spend crypto profits in ways that will actually make your life better:
- throw away every one of your socks and boxers. buy brand new, all the same color/style. your drawers will never look so good.
- get a coach for whatever hobby you care about - sports, chess, art, language, it doesn't matter. just pay someone to shortcut your own learning time
- buy an in-home sauna if you have the space. it's ~$3,000, the same as a high end TV, and if you use it everyday its absolutely worth it
- pay for a personal stylist to redo your wardrobe
- upgrade your zoom setup - nice camera, nice lights, nice microphone. this will boost your perceived credibility more than you think
- pay for your mom/dad/sibling to go on a fancy trip. pay for everything, including flights, hotels, food. it is the single thing that will make you feel like you made it, and the memory will last a lifetime.
- get an inroom IV drip when you travel and watch your jetlag disappear (s/o @calilyliu)
- pay for a 3 hour couple's massage. get the body scrub, it's better than you think.
- buy a package for facials and get one every ~6 weeks
- start getting haircuts every other week. nothing to make you feel fresh like a fresh cut.
- only travel in nice cars. always get the expensive Uber/Grab/Careem. it will cost you ~$2k extra over the course of the year, but the feeling of luxury is worth much more (s/o @akshaybd)
- get a personal chef to come a few days a week and meal prep for you
- get an at-home massage every sunday
- if you're balding, get a red light hair mask. proven to work, and better to start sooner rather than later
- if you live near family/friends, pay a private chef to make a nice dinner for all of you once a month
- get a personal assistant for shopping, travel, and general research tasks. if you're in dubai or india, @dxbcare is quite good and affordable
- spend less time investing by giving your capital to professionals (liquid, venture, hedge funds, etc). make investing someone else's headache
- buy your wife/girlfriend/mother a new watch instead of buying one for yourself
- set aside a new wallet with a substantial amount of stables, yield farm on @jup_lend, and tell yourself that in 2 years you're going to give it to a family member
- buy a really nice mattress and desk chair and watch your back problems disappear
- send a gift (chocolates, cupcakes, etc) to your friends on their birthdays instead of just sending a text
what else?
You don't need to chase every trade. All you need to hit are 2-3 good trades every cycle. Case in point: me
My winning trades for this cycle: all in into ETH below 1000$, converting a bunch of it to SOL for > 1:100 (like a 5th of the lot)
My winning trades for last cycle: buying covid bottom on ETH (my portfolio size was 40k$) and buying SOL below 3$ (got liquidated on this through sheer stupidity)
I don't really have many other big trades tbh, just disciplined profit taking and constant yield chasing.
I'm not even good at selling the tops, I still have ETH I bought at last cycle top, yet to break even on that. I was a developer at that time, and kept buying ETH at any price whenever I got my paychecks.
All this to say, you don't need to constantly stare at your screens, constantly chase trades, or execute things perfectly. You can miss a lot, screw up a lot, but as long as you think in time horizons of years and stick to things that you personally love to use, you'll come out on top. These were Ethereum and Solana for me, and a bunch of defi protocols. Figure out what yours are.
If they're totally unplugged from CT and have a shit track record, it's deep in the bear when you buy BTC for pennies and sell it for dollars
imo anything more than that for people who already earn a good living IRL is diminishing returns
This place rots your brain and brings out the worst