Dear Future Crypto Multi Millionaire,
Please Read this before the peak of this Cycle.
A quick tutorial about
1. The Retard Curve.
2. Genius Virus.
Something that you need to understand is the facade and lie of believing that you are a great trader.
In the Bull Market, everything goes up. You buy, hold and become rich.
You become richer than your entire generation.
But for how long?
These profits infect you with the genius virus with no symptoms. Your portfolio is already on the path to death, and you are unaware of the 100% fatality rate of this infection.
One of the highest Alpha tweets I've seen recently is by @RookieXBT
"You are not a good trader, price is just going up"
This increase in Net-worth in the bull market makes you believe that you are a great trader, a whisperer of the market and rider of waves.
In reality, you have entered the market during its sweetest spot. Simply riding to the greed land. You will soon be robbed.
Bull market comes with the charm of quick gains but also with the curse of playing in the easy mode.
You become the God of easy mode and the lamb of indecision mode.
The rudest thing @insiliconot once told, after I had tweeted that only people in their second cycle of this market can make money,
but he said even ''They will lose it all again''
Even the ones who made money in the second cycle, even the ones who were armed with the lessons of loss and learnings of the first cycle, would lose.
What he meant is that price appreciation makes everyone feel like a genius. The rise in price makes everyone feel rich and instills a belief that you are a great trader.
But in reality, only price is going up, not your trading skills.
So, why a lecture on a Monday?
For an introspection for your actual ability being lower than you believe.
Well, I was here in 2017 and the Price Pump and wealth creation we saw was unlike ever seen, in the history of capitalism.
Yet, even after Bitcoin Pumping 2000% in one year and other coins Pumping 100000000%, rarely did we have a friend who came out, richer and Victorious.
The crux of the matter is,
1. Always remember that you are stupid and you are just getting lucky.
2. You are nothing more than the retail. A potential exit liquidity for people who are creating the narrative, with a team full of triple PhD in Physics.
Luring you in that breakout trade, only to dump on you.
So your agenda from this day should be to make money and get ahead is retarded curve .
Retarded curve is the lord of all Crypto people, even Old Gods.
You enter Crypto and You don't even realize but the retarded curve has entered your life.
Constantly injecting into you, the virus of being a follower of the trend and then the believer of the trend and then marinating you in God complex of making profits.
Making you feel like you are the king of crypto narrative rotation.
You keep thinking rotation play will last forever and you think you are smart by 'knowing' that the market will dump to the underworld, someday.
The philosopher trader in you, who thinks he's on the right side of the Normie curve, doesn't realize this.
'You CAN'T time it, you won't time it, even with all the lessons of losing the generational wealth'
You would be in a position, in 10 coins which are the top tier cream of the crypto market because your millionaire Crypto influencer from Dubai told you.
You believe the influencer because he's rich and he praises Allah a lot and he can't scam you because scamming is a sin in his religion.
Your crypto top cycle might look like
1. Price drops a bit and you read influencer's tweet that it's just normal Dump and you need to zoom out.
2. Your portfolio is already dead but you don't know it. Your desperation to make it back is the ignition to this detonation of all your wealth.
3. You then keep listening to youtubers who are calling it just a correction like Haejin Lee in 2018.
4. Influencer tweets about being a diamond hand, holding the wall and being a soldier.
5. Price dumps lower than the meteor's crater. All your gains are wiped out.
6. Influencer tells you to not sell until in profit, no matter what. You have waited so long, wait for some more.
7. Desperate, You join a paid group to make back. You have already signed up for a 3 year depression, you just don't know it yet.
Paid group blesses you by dumping the pre sale tokens on you, the ones they got for shilling for free, for shilling.
In the end when you are back to zero, You read inspirational tweets about holding tight and making it back in the next cycle. The tweet gives support to everyone who lost, it gets 2000 likes.
In short, bet, manage, know your exit. You don't have to compare yourself to others because those shouting and screaming the most will lose eventually. Lose big.
And you, if you just decide to be cautious, make less but protect more, will be ahead of them Because you'll come out of this roller coaster, alive.
Take the risk but please have an exit, the faster you cut losses, the slower your portfolio dies.
Know your exits, Dear Future Crypto Multi Millionaires. Knowing that you are stupid is a super power.
Trust in the LORD with all your heart and lean not on your own understanding; in all your ways submit to him, and he will make your paths straight. - Proverbs 3:5-6
What if instead of escaping corporate slavery, we choose to excel in the industry that we are working in… This way we don’t waste our time being mediocre in the things we do. #quietquitting