If you are new to stock markets from crypto i would note that stocks, outside of retarded scams, are positive sum
Crypto, excluding hyperliquid, is at best zero sum and typically negative sum for coins with VCs
It requires a slightly different mindset to make money
If you’re broke, go get a job.
Crypto is not going to save you if you’re totally broke.
Staying broke & staying at home scrolling social media is not locking in.
You need money to make money.
That’s just the reality of things.
How to fix memecoins 😅
I’ve been trading memecoins on Solana long before https://t.co/u6JyMs0JSk even existed.
I still remember the day https://t.co/u6JyMs0JSk launched and everyone was saying you could deploy a coin for $1. At the time it felt revolutionary. Watching the ecosystem grow from that moment has been wild. I’ve seen multiple cycles, different metas, communities rise and disappear, and the culture evolve in ways most people here today never experienced.
Back then the space felt completely different.
There was genuine excitement. Communities formed naturally, people rallied behind ideas, and it felt like a collective movement pushing internet culture forward. It was almost like a decentralized hive mind experimenting in real time.
Now it feels like a straight PvP WW3 battlefield.
And the interesting part is as the technology changed, The mindset changed with it.
What used to reward skill, front running narratives, understanding momentum, spotting strong communities early, has slowly turned into a race to exit before the Fortnite deployer sells his bundle.
Memecoins used to reward traders who understood the game.
Now it often rewards whoever can extract the quickest. Good narratives die day 1 since these kids can buy 30-50% supply in a few clicks on 100 different multi wallets.
The biggest issue right now is the overwhelming amount of low-effort tokens being launched. Thousands of tickers with no vision behind them. The market currently doesn’t reward holding often. People have resorted to serial deployers trying to squeeze out a quick $500 - $3k before rugging and repeating.
Everyone complains about it, but very few people actually suggest ways to improve the system.
One thing that could immediately clean things up is a real deployment fee.
If launching a token required meaningful capital, the amount of spam, scams, and low-effort rugs would drop dramatically. It would force deployers to be more intentional and naturally raise the quality of projects entering the ecosystem.
Memecoins are still one of the strongest cultural forces in crypto.
But the space is in a strange spot right now.
Something new has to happen to slow down the Fortnite extractors and bring some real skill, creativity, and culture back into the game.
As a KOL, my priority has always been helping my community make money. The only way to truly do that in this space is by supporting and bull posting a coin consistently.
The unfortunate reality today is that very few projects maintain attention for longer than a few weeks to a month.
Narratives move extremely fast, and much of that comes down to the collective PTSD the market has developed from rug after rug. Trust has been eroded, and as a result, people rotate out faster than ever.
It’s created an environment where attention is short, conviction is rare, and sustainability is harder to achieve than it used to be.
If no changes are implemented retail won’t ever come back.
@Pumpfun has most of the mindshare and trading.
They’re also the ones in the best position to fix the current state of the space.
Let’s Make Pumpfun great again.
The way I got rich from trading crypto was not by being right a lot of times.
Not by over trading. Not by always chasing “The next” of something.
It was by sticking to one good thesis. Doubling down.
And now I just found a new “first” of something.
Many of you don’t understand. You will understand once it’s 10x from here.
This is how you get rich.
- cape
Capital is not your problem ⚠️
Stop telling yourself that capital is the problem.
The real problem is skill.
Trading capital without trading skill is just money waiting to be lost.
Stop giving excuses that you don’t have money to fund your account. Most of us didn’t start with money. I certainly didn’t.
Did I go online begging mentors?
Did I sit around criticizing people who were doing better than me?
No.
I went to construction sites and worked for ₦500–₦700 per day back in 2019.
I drove keke napep and earned about ₦10,000 per day after settling the owner.
I sold SIM cards.
I even worked on my mother’s farm, doing jobs she would normally pay other farm workers to do, just so I could collect the money myself.
I did whatever was necessary to raise money for my trading account.
So stop saying $100 is too much money.
Stand up, go out, work for it, fund your account and grow it.
In 2019, I turned $100 of my hard-earned money into $1,000.
Since then, turning $100 to $1,000 has never been a challenge for me.
People who have followed me for years know this has always been my favorite way to help beginners trading with them from $100 to $1,000, because that’s exactly how I started.
If I could do it, you can too.
The equity market is probably the most delusional it has been at pricing in facts and situation worsening on the ground.
The wake up will be even more violent due to the complacency now.
Crypto doesn’t feel the same anymore.
And no, it’s not the price action.
I’m barely affected by that anyway because I’m almost completely sidelined.
It’s the lack of onchain activity and new narratives.
Even during the bear market there were constantly opportunities.
Right now we’ve been in a phase for over half a year where you only make money with perps or as a KOL.
Everything else doesn’t survive longer than a day.
Whatever it ends up being, I hope we get something soon that brings the onchain degeneracy back to life.
10/10 in #Crypto
It was the worst day in crypto, but it changed many things for me.
I stopped trading alts.
I focused more on $BTC.
I realized this market can scam at any moment, so I became an aggressive profit taker.
Overall, I became more profitable than before.
Sometimes we need a bad day to learn a lesson and create good years ahead.
A lot of people ask why I mostly trade BTC, ETH and sometimes SOL.
The reason is simple: they are far less vulnerable to manipulation compared to most altcoins.
We saw this clearly on 11 October when many alts crashed 80–90% in a very short time.
Most altcoins are heavily compromised and controlled by insiders.
I’m not interested in waking up and seeing my entire portfolio wiped out in one day.
building in crypto gets harder every day
not because of tech, but incentives
- hire a dev?
most of them just vibeslop something in a week, without thinking about scaling or security
- build consumer?
cool, now you need distribution, which in crypto is KOL marketing
and most of them will ask for 10-50x upfront the value they actually bring
they know they don’t convert, they know retention is near zero, but they also know founders are desperate for attention
so they extract upfront
- build B2B?
even worse
no one replies unless you’re already big, even if your tech benefits them
but if you were already big, you wouldn’t need them
so you’re stuck in this weird loop, where everyone wants leverage… but no one wants to take risk
and today, value capture > value creation
in crypto, everyone is optimizing for extraction