9/ One sure sign a #Bitcoin bull market is coming to an end is the sloppiness of the trading. Large inter-exchange spreads, major price "gaps", and the inability of exchanges to stay open during the mad final rush of profit-motivated speculators are major warning signs.
People who want to invest in crypto often ask which one to buy first. I always say start with #Bitcoin. It's oldest, most liquid, most proven, and has an obvious valuation framework (digital gold). It's the Blue Chip. There are other great projects, but this is starting point.
You can tell me all day why a protocol does not NEED a token. But if you can make $100m move in 2 days, just with token incentives, I tell you that projects that use their tokens wisely will just crush those without.
I’ve interviewed hundreds of people for numerous companies over the past 20 years of building businesses.
I’ve experimented with many interview questions and most are only semi useful, but one, above all, has been the most useful.
A thread...
TRUE WEALTH
Worriless sleeping
Clear conscience
Reciprocal gratitude
Absence of envy
Muscle strength
Frequent laughs
No meals alone
No gym classes
Good digestive functions
No meeting rooms
Periodic surprises
Foamy coffee
Crusty bread
Ability to nap
Access to a hammock
The most impactful books I've read:
Rich Dad Poor Dad - my first steps in financial literacy
The Rational Optimist - things are getting better and why
Lately:
The Sovereign Individual - what's happening in the world right now
First issue of our biweekly newsletter is out! 🚨
A bite-sized summary of the most recent:
- earnings metrics,
- interesting stats,
- project overviews
- founder interviews etc.
https://t.co/QpDQW7gheq
We're 3.5 years into Trump. Here we are:
Pandemic. Historic unemployment. Widening inequality. Police brutality. Riots. Militarized forces in our cities. Fed vs the States. President who is legit dividing us.
Tell me what is so great about this version of America? I'm stumped.