It didn’t take me long in the crypto world to realize that it’s an ecosystem being fueled by the “House Money Effect”.
Having spent countless hours in the world of high stakes poker I recognized it instantly and now can’t stop seeing it everywhere I look. A short 🧵👇
1/x) Circling back to some of my points in this thread. I've already extensively discussed diminishing liquidity since Volmageddon & March 2020, yet the recovery appears to be breaking down. Equity market depth has begun deteriorating again & bid-ask spreads are getting stretched
Everyone who voted no:
Here's a 20% lifetime kickback (highest percentage possible).
I have no algos or other incentives to offer you but whatever you do.. if you're NOT using a kickback link for yourself, go do it.
Stop giving away your fees fam.
https://t.co/VsQ0twHhuv
@insiliconot@BrcUwu@0xjustblaze Zhu is best friend.. its days i see 69/420 meme top, eth fukin around like end 2019, pushing up but going nowhere.. sold very little earlier but scared of "missing it" lol.. he came said thats ok, u do what u feel u good.. thx Zhu, thx Insilico, all this precious 🌚
Comprehensive summary of the latest UCC podcast
How to value Cryptoassets?
Blue = @hasufl
Red = @zhusu
Bold = Key Takeaways
One of my favourite episodes of my favourite podcast for those that may enjoy reading more than writing!
(1/8) Valuation models
Noticed lots of smart new blood in crypto missing out on the good ol’ wisdom.
Below you can find a weekend reading of what I think are the “post-2016 crypto classics”: