Zobo

ᕕ(ᐛ)ᕗ

[Zobo @ZoboCap]

@Future_10x What's the reasoning? QoQ results seem to have flattened out.

[Zobo @ZoboCap]

@beffjezos

[Zobo @ZoboCap]

@brian_armstrong saw this and decided to make him one. GG!

[Cobie @cobie]

When ppl claim this I always wonder how they think it happens, or have unrealistic expectations on how much $1bn actually is.

I joined crypto with $200. If I held my initial bitcoin since then and never traded, I would have ~$300k.

If, instead, from that moment I sold the top and bought the bottom of every crypto cycle on Bitcoin, and never paid any taxes, I would have ~$6m USD.

If I put my entire net worth into the Ethereum ICO and never touched it, today I would have ~$150m pre-tax.

While it was definitely possible to have made >$1bn with the opportunities in the market, these versions of reality would also require me to make no mistakes, and have no need to spend $ in real life, or take excessive risk via leverage.

In reality, I grew up in a working class family. I didn’t have a trust fund and I had to pay off my student loan myself. I had a job at Tescos while at high school. After university, I needed to pay rent and fund cost of living and eventually buy a place to live.

I worked at startups for relatively little $ salary, and while a couple have done okay, they still are illiquid and worth nothing until some exit.

Perhaps if I erase a couple of dumb mistakes and drawdowns, or if I had a lil more grind, then my answer would be different today. But it is easy to say this with perfect hindsight vision. It’s easy to see where you could have optimised better, and decisions you made look dumb when the past makes things so obvious.

The truth is I have always optimised for enjoying my life and not going to 0. I never felt like I had a safety net, so it was never possible for me to do anything in any other way. I would probably have less money if I had tried to add more risk or chased $ harder, because being all-in with your entire livelihood is a mental battle and I feel I only win that battle when the stakes are lower.

In writing this, maybe I do understand why CT folks believe this, because modern CT sees crypto as a late-stage lottery ticket farm, where the optimal strategy is to 5x leverage up your portfolio in a hope of catching a good 20% move and then leaving. Or, literally going all-in on the next coin they heard Ansem is buying. So perhaps to them, looking back at the charts, of course that’s what successful folks did.

In reality, I use leverage close to never (and typically to reduce risk rather than add risk — have used it to add risk maybe 3 times in the last 5 years, and maybe 15 times ever). I never go all-in on anything, have only ever done that on BTC and ETH before in the last decade. When I buy other things, I limit risk to tiny amounts, because I treat it as a 0 until proven otherwise (so, always <1% liquid portfolio). Liquid portfolio is also a smaller % of overall portfolio to future-proof against my own fuckups.

Obviously I made a lot of money, I have been here 12 years! CT doesn’t want to hear about “getting rich in a decade” though. I am happy with where I am and have never really cared or optimised for maximising $ earnings, but instead having a nice life that lets me enjoy the game we play together.

[Zobo @ZoboCap]

@cobie Gg btw, congrats!

[Zobo @ZoboCap]

@cobie How much of the success of echo would credit to the reputation and audience you've built on this platform?

[Zobo @ZoboCap]

@reachanandl How about Indosolar?

[Zobo @ZoboCap]

@cobie

[Zobo @ZoboCap]

@rahuulmatlani Auditor contact ko jara pucho kya chal raha hai 🫠

[Zobo @ZoboCap]

@optictrader Hey, can you open DMs pls

[Zobo @ZoboCap]

@honey_xbt 🥳🥳🥳

[Zobo @ZoboCap]

@Barchart Lmoa

[Zobo @ZoboCap]

@happyprofit1 @AVCrypto_ isn't active anymore I guess

https://t.co/KPLQlV0X1T

[Awawat @awawat]

This is an unfortunate announcement that I have to make, but it has come to my attention that someone I previously considered a friend, @AVCrypto_, has been using his acquaintance with @apg_capital to take advantage of his followers.

Specifically, he claimed to have access to some of our dealflow and collected money from his friends and acquaintances to invest in fictional deals… but he never invested in any project and simply pocketed the contributions without any intention of distributing tokens in the future.

Several victims of this scam reached out to us over the past few weeks. Most of them are med school students for whom a few hundred dollars made a difference… :/

We’ve organized a refund for the amounts they sent, and we're now communicating about this issue to make sure a similar situation doesn’t happen again.

I recommend blocking @AVCrypto_, and advise everyone to remain cautious generally, as scammers can unfortunately operate closer than we think.

Stay safe out there!!

[Operation Epic CMS @cmsholdings]

Some thoughts on the cycle

[Digits Capital @DigitsCapital]

The alpha is to bet on good people and have faith

[Lil Bubble @lilbubble]

Yo Gary Gensler just dropped a diss track on the entire crypto community???

Kinda goes hard wtf 🔥

[Zobo @ZoboCap]

@gabrielhaines 🤣🤣🤣🤣

[Zobo @ZoboCap]

@_SMFX_ Lmao

[Zobo @ZoboCap]

@DigitsCapital WP and thank you! 🫡

[Stoic @Stoiiic]

this might be a controversial take but balance is for people who want to remain mediocre/okay at what they do or have already put in the work and are now reaping the benefits.

if you want to be great, it requires unconditional sacrifice for a period of time (study the greats in any field).

give & take.

P.S. not advocating for rugging health.

[Zobo @ZoboCap]

@joecoin_ Loool