Some predictions for social trading over the coming years.
- A solo trader will run up 9+ figures publicly
- PnL leaders will command followings like celebrities
- Top groups will control more capital than institutional crypto funds
- The top social finance creators will make money from rewards that rivals top social media influencers
- Autonomous agents will begin competing for top spots on the leaderboards
- Trading will resemble sports and become the world’s greatest MMORPG
- The next Roaring Kitty/GameStop-esque movement will emerge on a social trading app
Dopamine from information gathering is a dangerous drug.
It’s the dopamine you get from reading. From planning. From learning. But never doing.
Information gathering as sport. Jammed into neat little dopamine feedback loops that convince you that you're doing something productive and valuable.
You're just one piece of information away from the big breakthrough. You'll start when your business plan is perfected. You'll meet your partner when you've scrolled through another round of profiles. You'll get that dream job when you have one more degree in hand.
Your entire life will change when you realize the world isn't run by a bunch of geniuses. The world is being run by a bunch of normal people with abnormal bias for action.
The answer you seek is hidden in the action you avoid.
Dopamine from information gathering is a dangerous drug.
Get your dopamine from action.
6 Simple Steps to Improve Your Life:
1. Sleep
2. Exercise
3. Don’t eat garbage
4. Talk to a friend
5. Be productive for a few hours
6. Repeat every day for years and years and you’re set.
My entire life changed when I learned to recognize things that don’t matter. The world will pressure you to care about every single thing. To chase every problem. To take every slight personally. To have opinions on everything. Reject that trend. Focus on a few, ignore the rest.
Most people fail not because they make the wrong move, but because they never make the first one.
Go try the idea. Fall flat on your face if you have to. The cost of inaction is almost always higher than the cost of a failed attempt.
The most challenging thing to do is stay patient during the "identity gap" on your journey. The uncomfortable between phase. You've outgrown who you were, but you're not yet who you want to become. It's lonely. Confusing. Maddening at times. Those feelings are natural. The old version fighting for survival. Just stay the course. Stay in it. It's supposed to feel uncomfortable. The discomfort is proof of change.
if you're just now realizing how good of a trader @MINHxDYNASTY is, you can go watch this podcast I did with him a month ago
he is currently up over $450,000 on a single memecoin on @fomo
so much alpha lies within this video
enjoy the content ✌️
i dont know who needs to hear this, but i restarted in this space with $700 after getting scammed at the beginning
it felt horrible. especially when i would see people who were in the same trades will me go on to make infinite money.
"why not me" i said
but in that moment, i completely switched my perspective. i had enough money to try.
there were accounts that i respected and looked up to that told the stories of how started from 0, but when they focused, took all of their learnings over the years and executed, their achievements exceeded even their dreams.
so i put my head down and grinded day by day. steady. just trying to stack wins and develop trading muscle memory along the way.
wherever you are, you can do it. you see massive pnls? let that inspire you. those people were exactly where you are today. believe in yourself. don't rush, enjoy the process.
you can do it!
while i have your attention, none of this money shit matters if your health isn’t your priority
drink enough water, remove bad stress, sleep enough, get sun, workout, sweat, laugh
health is true wealth
The way to win at capitalism is to focus on what it actually does (make customers' lives better) rather than the socialist caricature of it (squeeze every penny out of them). The latter gets you 2x returns at best, whereas making new things for people can get you 10x.
In my early days, I had to numb myself. There was so much work. The amount of work you can only measure by how much it weighs. And if I stopped to think about how “unfinishable” the amount of work I had to do was, I would’ve quit.
So I did the only thing I could do, I’d take the first thing off the stack and start…without thinking about how shitty & alone I felt. And how everyone I knew was enjoying their life in their perfect bubble of security following the path someone else put in front of them.
There’s a reason race horses wear blinders. Focus only on what’s in front of you.
You’ll get through it. Keep going.
I'm convinced the most important thing you can do is build momentum early in the day. One small win in the morning creates energy that compounds. Do one hard thing. One quick workout. One finished task. Whatever. Great days are built on tiny wins. Small things become big things.
IF YOU'RE A MILLENNIAL (BORN 1981–1996), AND YOU'RE REBUILDING YOUR LIFE, START WITH THESE 20 THINGS.
1. Get bloodwork done this month. Vitamin D, thyroid, iron, B12 — the whole panel.