@shusinsei@MizerXBT usually how this ends and i have seen it play so many times before and myself have fallen victim to it is... it works just long enough until you build confidence in it then when the market starts aggresively trending in either direction you will get zeroed out
It has been demonstrated time and time again that no asset is so good that it cant become a bad investment if bought at too high a price and there are a few assets so bad that they cant be a good investment when bought cheap enough
@MisterSpread@Bank_of_Japan_e Yep my opinion those were the real stress much more than the boj hike . I guess its like there was already a fire in a petrol station but the boj hike was an extra molotov thrown in 😂😂
@MisterSpread@Bank_of_Japan_e Multiple stress from usa existed already boj was just another slap which in absence of the existing usa risk wouldnt have had half the reaction it did
@MisterSpread@Bank_of_Japan_e In 2024 boj hike wasnt the only stressor on risk it was multiple catalyst compressed in a tiny window thats why risk sold off . Usually if theres only one stress thats not the usa it doesnt have the power to sell of global risk .
Emotions in markets usually tend to get you rekt and if you buy $SPCX now you are most likely emotionally driven by FOMO which i repeat will get you rekt almost every time.
Give it time give it space nothing goes straight up - they will face challanges …
Be patient and do nothing probably the hardest thing when everyone seems to make money and price just makes high after high
But fear not those same people will give away their money as fast as they got it
real opportunity never looks like this …
🚨 BREAKING:
BILLIONAIRE RON BARON SAID LIVE ON CNBC:
"SPACEX IS GOING TO BE WORTH $10T, $20T, AND $30T, AND I COULD BE VERY LOW."
THIS MAN BOUGHT THE 2008 CRASH AND CONTROLS OVER $53 BILLION IN ASSETS
HE DEFINITELY KNOWS SOMETHING!!
Unlike many investors in crypto, I did not pivot to AI in the last few years. However, since 2020, I built some of the deepest understanding in this industry on the intersection of AI and decentralized networks (crypto, web3).
From the start, it was very clear that AI models are a centralizing force and the biggest target for government control. That point became market fact last night, with @AnthropicAI’s export control compliance.
As an investor in decentralized AI, I know that d-networks are a counterbalance to this state of affairs. In particular, the starting point of sovereign, open, public, decentralized AI is the seemingly insurmountable compute problem.
How are people supposed to source more industrial compute for frontier training than these huge trillion dollar companies? The answer is simple: there is enough commodity GPU compute in the world to compete on the frontier, but to make use of it we need new algorithms for training.
That’s what a few companies like @gensynai@PrimeIntellect@bageldotcom@Pluralis@NousResearch@MacrocosmosAI@covenant_ai set out to research, while everyone on the planet told them it was impossible.
The result is that it is not only possible, but it can be cheaper and nearly as efficient as the alternative process.
The second major problem is economic sustainability. Open source models are great, however, they are not economically viable as they don’t have a business model. So far in decentralized AI, only @Pluralis has an answer — by breaking up the weights of the model among participants, we create a business model for tokenized AI models.
This is the moment of truth — will AI become fully centralized and fall under censorship and unilateral government control? Or will the AI world realize the importance of public AI on open decentralized networks?
As everyone watches the SpaceX IPO today, its worth remembering this advice from Buffett
"The idea that a newly issued security (IPO)—brought to market at a time of the seller's choosing and surrounded by massive hype—is the single best bargain among thousands of global businesses is absolute nonsense.
When an offering carries a ridiculous 7% commission just to incentivize salespeople, it simply cannot be the most attractive investment available.
While people easily get caught up in the excitement of a new launch, look at the reality: you have thousands of existing public companies whose prices are set by a natural auction market, free from aggressive promotion or hidden fees.
It makes no sense to buy a security precisely when an insider decides the timing is perfect to sell. Frankly, it isn't worth spending five seconds thinking about IPOs."
- Warren Buffett
@StaniKulechov Now you need to find a way to redirect that money into the token or just drop the token - cus this aint a flex whilist you have a token down -90%