the paradox of wealth
Getting money requires taking risk, being optimistic, and putting yourself out there.
But keeping money requires the opposite of taking risk.
It requires humility and fear that what you have made can be taken away from you just as fast
Market cap is a price tag, not a pile of cash
a $100k market cap only means:
current token price * total supply = $100k
when you sell $1,000 the trading pool buys it piece by piece; Every token you sell makes the next one cheaper, so your own sale pushes the price down
thats why after price impact & fees you get less than 1k
Built my first onchain project: Green Hole
Mint onchain-art to grow the Mass (ETH Pool)
If nobody mints or burns for 4 hours, the latest burner can claim the whole ETH Pool
approx. numbers for pool rewards (before burns/claims)
100 mints = ~0.43 ETH
500 mints = ~6.92 ETH
1,000 mints = ~25.72 ETH
The final number depends on how many NFTs are burned and when.
greenhole dot art
glad nobody died, but keep in mind that fate/god will come after somebody sooner or later
bundling is just another way of scamming.. you can read between the lines how much money they sucked out
+ too much money at young age will shatter your worldview. whole CT is just about who makes the most $
i've been in vcs with onchain goats who are 8figs deep yet have a miserable life
you're just a man
hit the gym
find god/smth above you
some idiot sold $530,000 worth of base:0x22af33fe49fd1fa80c7149773dde5890d3c76f3b
received only $340,000 due slippage
additionally used a trading terminal, paid $3.5k in fees
tanked Bankr market cap from 38mil to 19mil