Crypto Dan

long form breakdowns/insights on my yt/tg:

[Crypto Dan @cryptodan19]

7 Years of Crypto Advice in 26 Minutes

[Crypto Dan @cryptodan19]

@BrazdaJestin off to a great start

[Crypto Dan @cryptodan19]

Anyone know of a top level thumbnail designer to make thumbnails like these?

[Leo Moore @LXMoore_]

The best way to learn creative strategy is from breaking down winning ads

It also gives you a tonne of ad ideas while you're doing it

Just made this 50 minute banger of breaking down winning ads on my YT

Search "Leo Moore" to watch

[Crypto Dan @cryptodan19]

Every memecoin has a cabal, and that’s not a bad thing

Every coin has a few wallets holding most of the supply, and those holders, due to human nature, will naturally want to band together

That’s what whale chats are, an anon group of top holders with a shared mission of pumping the coin

To hate on cabal coins is to hate on the end state of every single memecoin

The centralization of power amongst the whales isn’t the problem, it’s just a thing

What they do with that power is what matters

Your job isn’t to find a coin without a cabal, they all have one

Your job is to find a coin with a good cabal that has (somewhat) long term intentions:

[Crypto Dan @cryptodan19]

the AI will break everything doom is also as much an AI will make sure nothing is broken optimism

just like there is an endless battle between computer hackers and cybersecurity, there will be an endless battle between agents weaponised for good vs bad

the world is not ending, the internet isn't about to fall apart, this fear is just the necessary catalyst for AI to be utilised to it's fullest potential to make software secure

if this AI fear spreads and we see a large scale panic/capitulation in markets, make sure to see through the noise and bid

[Choblin @choblin29]

This is INSANE. Anthropic says Claude wrote around one billion lines of formal proofs while trying to verify real-world software, with about 180 million lines ending up in machine-checked proofs covering 239 test entry points across 123 open-source libraries.

Along the way it found and patched hundreds of bugs. In separate experiments, Claude found in one week as many security bugs in a widely used PDF reader as are typically reported in a year, and autonomously generated x86 semantics that exposed hundreds of mistakes in official reference documentation plus some bugs in the hardware itself.

Anthropic is cooking. Fable 5.5 is going to be a beast.

[Crypto Dan @cryptodan19]

Crypto and stocks have the same fundamentals, they’re both driven by narrative, risk sentiment, peak fear and peak greed

But they require completely different systems for investing

In stocks you could potentially create a list of the best 20 companies in the world, wait for everyone to be shitting on them, buy them, and you would be profitable

But in crypto it’s different

For example, new altcoins outperform old ones, the older a project is the more it tends to die out

There's Bitcoin, and then there's everything else, a distinction that doesn't exist in the stock market

There’s not just Tesla and then everything else

So you have the same fundamentals, but different strategies, and getting this wrong will cost you a lot of money

[Crypto Dan @cryptodan19]

@alex_hunter20 lighters revenue came from people using the platform to trade

papers revenue came from people using the platform to speculate on the $PAPER token

one sustains long term and is a sign of pmf, the other is short term speculation

not a fair comparison imo

[Crypto Dan @cryptodan19]

@ptrschmdtnlsn love this im the exact same

[Crypto Dan @cryptodan19]

This is one of the many lessons I’ve learned since I started crypto in 2017

And after 9 years of learning things the hard way and scaling my portfolio from $5K to $7M+

I’ve condensed all the lessons I wish I knew when I started in my free 40 hour course: https://t.co/FlJ7tRvvId

[Crypto Dan @cryptodan19]

For the first 3 years in crypto I made almost every decision based on what people were saying online

And it just wasn’t sustainable

When 9 out of 10 people on your feed say price is going up, that subconsciously becomes your bias

But that’s herd mentality, and it’s how most people end up on the wrong side of every trade

When I started following my own decisions in 2020, that’s when everything changed and I made my first million

As you get better at investing, you’ll need to move on from copying others and start trusting your own intuition:

[Crypto Dan @cryptodan19]

One of the biggest things I wish I had studied earlier in crypto is how the market cycle works

And not because it’s complicated, but because not understanding it will always put you on the wrong side of the market

If I had truly understood what a bear market bottom looked like, I would have bought more

If I had truly understood what a top looked like, I would have sold more

But the most important thing to understand about market cycles is that:

After a bear market you’ll tend to have a bear bias, so you’ll think price is going lower when it’s actually bottoming

And after a bull market you’ll tend to have a bull bias, so you’ll think price is going higher when it’s actually topping

The market will literally program you with the wrong bias at exactly the wrong time

[Crypto Dan @cryptodan19]

@CryptoEthan true

[Crypto Dan @cryptodan19]

I’ve lost everything multiple times before making my first million, and even after that I still made some expensive mistakes

But every single one of those experiences made me a significantly better investor

I broke down all the lessons I learned the hard way in my free 40 hour course: https://t.co/XYBlGBywWP

[Crypto Dan @cryptodan19]

I went from $5K to my first million in about a year

But it took 3 years before that of mostly just losing money before I got there

And even after making millions there were times when I made expensive mistakes

Selling coins just before they go parabolic, bagholding from the top, the list goes on

It’s experiences like these that will scar you and prevent you from making similar mistakes in the future

If you want to become a profitable investor, just know that these things are a necessary part of the journey, you can’t avoid them

[Crypto Dan @cryptodan19]

@absterxyz love this

[Crypto Dan @cryptodan19]

If you want crypto to change your life, it’s going to take longer than you think

Everyone makes money in a bullrun, that’s the easy part, the hard part is keeping it

And the only way to learn how to keep it is to stay when everyone else leaves

When the bear market hits, most people get bored and disappear for years until the next bullrun comes

And those are exactly the ones who never make it

Grinding a few hours a day consistently for years is what will get you there, not 12 hour days for one year and then disappearing

You should treat crypto like a marathon, not a sprint

[Crypto Dan @cryptodan19]

@CryptoEthan gib thesis

[Crypto Dan @cryptodan19]

In most areas of life you can always brute force a result

In business you can just work more, in sports you can just train more, in university you can just study more

But in crypto you can’t force profits, you can only take what the market is willing to give

The best way to go about it is to be a lazy buyer and an obsessive learner

Like if you hate the process of having to connect your ledger and put the password in to then buy, you’ll only do it when you have extremely high conviction

And forcing trades you’re not fully convinced on is exactly how you’ll end up losing money

The market will give you money only in proportion to what you deserve

[Crypto Dan @cryptodan19]

@gh0st2offline very very true

[Crypto Dan @cryptodan19]

@hectorserrranoo @zach_yadegari @itshudsonblake @LukasPakter dm'd