Rob Lucci

Just a regular Crypto Trader

[MetatronFoS | Fujimine's Husband 🦋🔪🩸 | #TENOÍ @SamuraHypeGuy]

Erika Kirk opening Twitter and seeing this notification:

[Sergey Karayev @sergeykarayev]

This robot solving a rubiks cube in 0.103 seconds is a little preview of what "AGI" really means

[Sergey Karayev @sergeykarayev]

Some are misunderstanding what I was trying to say.

This is an example of a robot doing a task that only humans could do before. But now the robot can do it 1000x faster, and that feels inhuman.

When we have true AGI, a robot will be able to do ~every task that only humans could do before. And it’ll likely be able to do them 1000x faster. And it’ll will feel inhuman.

It won’t just be a new coworker in Slack.

[Elika Morris, Esq. ⚖️ @HeartEsquire]

Kids really don't have a safe place anymore to be kids.

[✨ 𝐀 𝐓𝐫𝐢𝐛𝐞 𝐂𝐚𝐥𝐥𝐞𝐝 𝒔𝒕𝒓𝒆𝒔𝒔 ✨ @PoetryNPapyrus]

This is actually weird as fuck.
The whole team weird for letting her step out like this.

[Alex Becker 🍊🏆🥇 @ZssBecker]

The EU is essentially China without the safety, support for business, country first mindset, affordability and infrastructure...

With higher taxes, endless regulation and priority towards non citizens.

Terrible to watch.

[Vinny Lingham @VinnyLingham]

Crypto bear markets begin when most people still don’t believe we’re in a bear market.

[justasistertryingtotweet @Igottafigh64510]

I’m going straight to hell, I’ve been laughing since last night😂💀😂💀😂💀

[Arkham @arkham]

BlackRock buys or sells Bitcoin to settle outstanding shares of IBIT. When customers net buy IBIT, BlackRock must net acquire Bitcoin, and vice versa.

Today marked the largest net negative notational flow in the history of IBIT’s existence.

ETF related settlement transactions are conducted on a T+1 basis, meaning that today’s settlement flows reflect trading activity from BlackRock’s clients conducted yesterday.

[Mrpunk.eth @mrpunkdoteth]

GOVERNMENT SHUTDOWN = DUMP

END OF GOVERNMENT SHUTDOWN = DUMP

RATE CUTS = DUMP

NO RATE CUTS = DUMP

BLACKROCK BUYING = DUMP

BLACKROCK SELLING = DUMP

[Jamieson O'Reilly @theonejvo]

@MyronGainesX @AkaashSingh Damn. This is the equivalent of straight up premeditated murder in the first degree.

[Rob Lucci @cryptogodlucci]

@Unendingfates @MyronGainesX @AkaashSingh 😂

[Waro @warobusiness]

The bear case is infinitely more obvious than the bull at the moment.

It’s just that people don’t really want to admit it

[Rob Lucci @cryptogodlucci]

@crypto_birb 🤝

[₿IRB @crypto_birb]

My biggest lessons learned this cycle:

What led you in, won't lead you out.

Applies to outdated trends - NFTs, altseason, ICOs. Seems obvious now - as anything in hindsight.

For next cycles, assume only constant is Bitcoin.

Next big money is in coins which don't exist yet.

[Waro @warobusiness]

7 fig hell is because of a mental blockade more than a liquid net worth blockade.

You dont want to risk the “i have made it” kind of money in an industry like this becaue the risk of zeroing your account are far greater than doubling.

Especially if you are late in a cycle. Those that escape 7 fig hell are usually the gigachads and made one really good decision.

Others are more likely to zero their networth and are never heard from again

[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.

[Elon Musk @elonmusk]

Same

[Rob Lucci @cryptogodlucci]

@elonmusk I struggle with this mental illness

[Rob Lucci @cryptogodlucci]

It appears that everyone on CT is forgetting that past performance is not indicative of future performance.