Cryptor MD

Exploring the Metaverse

[Otto Suwen @OttoSuwen]

ANOTHER BTC ATH

[Cryptor MD @cryptor_md]

Bottom is here!

[beeple @beeple]

THROWING OUT SOME WORTHLESS GARBAGE 👍

[Cryptor MD @cryptor_md]

Thank you Emmy for showering me with 1,600 Diamonds and getting me to shamelessly tweet this out. If you've collected Ethereum NFTs, all the way back to 2017, head to https://t.co/hzk8xj0Fya to claim your taste of Diamonds on the best cross-chain rewards program.

[🎯 Master @Moneytaur_]

It doesn't matter if you copy my plays and make $. Before anything, it's not "linear". Plays can get invalidated last minute, or "tweaked" such as increasing/decreasing risk, increasing/decreasing size, #Bitcoin breaking LTF levels, and more...

You're not inside my head to know what I'm thinking. Yes, the setups are high probability, but it's still my setup and thought process, so focus on finding your own game rather than copy-trading just for quick money.

You need to focus on developing the fastest "brain processing" you can achieve, and the strongest risk management strategy you can build. Focus on the learning process rather than the money. DON'T CHASE MONEY. Think of the knowledge you must acquire, and becoming better, with less mistakes as time goes on. Money will eventually chase you, even while you sleep.

Cliché but real: First you Learn, and then you remove the L.

To get to the next level in life, it's hard. There's a reason why 99% of the people can't leave the rat race despite what they believe their future will look like. It's still dreams, and dreams can easily get shattered, especially in a ruthless game like this.

Read a lot. Trial/error on strategies to achieve more wealth in life. Network with legit Winners. DON'T WASTE TIME. If you want to waste some time in entertainment, do it once you achieve your financial freedom. Not before.

You're tired. You're scared. You're not sure of many things. Life's hard for EVERYONE. You're not the "special one" that God chose to give a hard life to. Stop moaning. Do the damn work. I didn't get to this level from watching series on Netflix, sleeping until late, or going out for drinks every Friday. I did that once upon a time, but then I decided that "Sheepland" wasn't for me. So I chose to trust a process I didn't know if it would work, was fearful, lonely for a while as the people around me didn't believe I could get anywhere, but it was all worth it. What is 3-5 years working hard on yourself for 50+ years of freedom?
- Nothing. Three or four summers come and go in a blink of an eye.

Go through the struggle, and if it becomes harder, you push against it even harder. You don't moan. You don't cry. You don't blame others. Grow the mindset of a champion. You're blessed to have access to see (almost live) real Winners in our society, how they do it, how they think, and their advice.

Don't procrastinate. Life's too short. The "elites" will enslave you deeper if you just stand still. Move. You're not a tree. Make things happen 🥂

[Cryptor MD @cryptor_md]

@Doodoo25222 @NFTdavie Waiting for 0.00000082-84.. 🎯

[David Gokhshtein @davidgokhshtein]

Sad to see what’s happening to $PEPE.

A project that brought the entire community together during one of the worst and longest bear markets in this industry.

[davie satoshi @NFTdavie]

Hey friends. Whats going on with $PEPE?

We are also at a fork in the road. If you look at the chart, it remains in the middle of a bearish channel A2 (Channel A-PINK🟣) but at the bottom of the bullish channel- B3(Channel B-GREEN🟢).

$PEPE needs to start moving up or else it leaves bullish channel and submerges back into the bearish one. If that happens, the move back up is delayed. (or lost?)

Time will tell. But is this because of $PORK and @Pauly0x ?

The answer is no.

$PEPE is responsible for its own destiny. There are over 150+k $PEPE holders vs 13k for $PORK. Pepe is an international meme and more recognized by the general public. It is traded on major CEX. It has the record of hitting $1b market cap in 19 days. It is a historic meme coin.

It can bounce back when the market is ready. If it stays in the GREEN channel, then it might be the beginning of Major Wave 3. If it stays in PINK, then it is stuck in Major Wave 2.

NFA. 🐸

[6529 @punk6529]

1/ On A Country's Wealth

You are going to start reading this thread and say "yeah, I knew that" but I am not so sure.

Money is not a country's wealth. Currency is not a country's wealth.

The capacity to sustainably produce products and services is a country's wealth

[Cryptor MD @cryptor_md]

Bang on target 🎯

[6529 @punk6529]

1/ On Real Estate

You invest in real estate - the largest and most tangible asset class in the world.

You don't believe in any of this NFT mumbo jumbo.

What you are just buying a token? The JPG is somewhere else? What are you even buying?

[Cryptor MD @cryptor_md]

@mamamaester You are an inspiration! 🫡

[Miles Deutscher @milesdeutscher]

𝕏 is the home of crypto alpha.

But it can be hard to find amidst all the noise.

I compiled the top 7 alpha tweets I read this week, so you don't have to.👇

[Zeneca🔮 @Zeneca]

This is a great time to think about what you want your portfolio to look like.

Both in and out of crypto.

What % of your net worth do you want in crypto?

Within crypto, how do you want to divide that between BTC/ETH/Alts/NFTs/etc?

Write it down, and do regular reviews.

[Cryptor MD @cryptor_md]

@Punk069 0xDcD1c7C4bb2978682560911Cf674e07e39D624cA

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

It’s my 3-year DeFi anniversary.

Here are 31 pieces of wisdom I wish I could send back in time to myself:

1. Taking profits and putting them into riskier bets isn’t taking profits - that’s just gambling. Lock your profits into BTC, ETH, stablecoins, and fiat.

2. Projects with cults can be extremely profitable. Just get off the rocket ship before it inevitably crashes.

3. Locking tokens for additional yield isn’t worth it. Nothing worse than being tied down to a sinking sink.

4. Protect your attention at all costs. You already have limited time and energy, don’t waste it keeping up with the latest Crypto drama.

5. Be careful overoptimizing yields - there’s no such thing as a free lunch. You stake the coin, earn yield, and then auto-compound those yields. Every additional yield comes with more risks.

6. Be skeptical of every piece of advice you see on CT - everyone has an agenda. Are they shilling a project to pump their bags? Are they spreading misinformation to game the Twitter algorithm?

7. When there’s a new narrative, be biased towards the market leaders. They have the 1st mover advantage and mindshare. The best beta plays are the forks on hot, new chains.

8. Being obsessed with the latest tools is a form of procrastination. You don’t need to use 50+ tools to make it. The biggest guys are simply using Etherscan, Debank, DeFiLlama, etc.

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” - Bruce Lee

9. There’s an information food chain. Builders > VC / Insiders > Whales > bots > manual traders who receive news early (<1 min) > manual traders who receive news late (> 1 min). By the time everyone’s shilling it on Twitter, it’s too late.

10. Alpha boils down to 2 things: having access to inside information or being able to do the hard work that others are too lazy for. People underestimate how far you can go by simply keeping up with a protocol’s medium articles and their discord.

11. Everything repeats itself, just repackaged slightly differently. Improving at DeFi is all about pattern recognition. For example, if certain influencers start discussing projects, they’re trying to attract exit liquidity.

12. Position yourself early and let the gains come to you. Anytime you feel FOMO is a sign that you might be too late.

13. Viewing your gains and losses as portfolio % rather than $ will help keep you rational. It’s hard to remain clear-minded if you equate your trades with IRL purchases.

14. Cut your losers aggressively. Set a stop loss and know when to exit a trade before investing. Don’t let small losers turn into big ones because of the sunk cost fallacy or emotional bias.

15. Record everything. Write down what happened daily in Crypto, your trades, mistakes, and lessons. This is how you improve your mental algorithm.

16. Don’t overrate fundamentals in a bull market. All logic disappears, and people buy based on hype, emotion, and speculation. See the industry as it is, not how you think it should be.

17. Incentives can drive prices. People buy when there are expectations of future profits. This can be affected through airdrop speculation, locking tokens for additional rewards, ecosystem incentives, etc.

18. Don’t put anyone on a pedestal. All the “smartest guys in the room” like Alameda and 3AC got rekt’ed. No one’s too big to fail.
Protect your funds when there are insolvency rumors. If you’re right, you saved a ton of money. If you’re wrong, you were inconvenienced for a few minutes.

19. It’s not about being right or wrong. No one bats 100%. It’s about maximizing the upside when you’re right and limiting your losses when you’re wrong.

20. Narrowing your focus is an underrated edge. No one can keep up with the entire space. Pick a few sectors and stay on top of them.

21. Keeping up with Macro is overrated. Just monitor capital flowing into the markets to see when we’re back. Your time is far better spent elsewhere.

“The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.” - Nassim Nicholas Taleb

22. Don’t touch crypto if you’re on tilt, drunk, or sleep-deprived. A single mistake can erase years of hard work.

23. Stablecoins aren’t as stable as you think. UST collapsed, and USDC had the de-peg scare. Storing your dry powder as fiat in a TradFi bank is entirely viable.

24. Concentrate your portfolio if you want to grow it - Diversify if you want to keep it.

25. Develop systems - these rules and frameworks will prevent emotions from killing your games. These can include how you take profits and when to invest.

26. Thinking you can 100x your portfolio through trading is unrealistic. It’s not 2016 anymore. 99% of people are better off trying to find ways to increase their cash flow and putting more goals in the fire.

27. The crowd prefers new projects and narratives - not your 2021 bags. Don’t fight human nature.

28. Be skeptical of every piece of advice you see on CT - everyone has an agenda. Are they shilling a project to pump their bags? Are they spreading misinformation to game the Twitter algorithm?

Look out for yourself.

29. Stop limiting yourself to Crypto content. You’ll learn much more from studying game theory, behavioral economics, and psychology than reading the 9th article on EigenLayer.

30. The best projects have elements of both fundamentals and pumpmentals. Pumpmentals capture the attention, while fundamentals give people a reason to keep holding.

31. The unknowns, unknowns are deadly. The founder gambles with the treasury, or the anon founder has a shady past. You can't predict them. This is where profit-taking, bet sizing, and portfolio management are your most critical defenses.

There are plenty more lessons to share, but we’re reaching everyone’s attention span limit.

Remember, there are exceptions to every rule. These are some of the principles I’ve learned, and some of them may change as I learn more.

The markets are choppy. It’s easy to feel down about DeFi, considering all the disasters in the past two years.

I still have the highest conviction in DeFi - I’ve staked the next decade of my life on it. Why? I see its potential. Efficiency. Transparency. It enables a new world where we have more control over our hard-earned money.

If you’ve learned something from this, then:

1. Repost and engage with this tweet if you think it’ll benefit your audience.

2. Make sure you bookmark this thread so you can re-visit it later during the bull run.

[Cryptor MD @cryptor_md]

@mamamaester It’s a great start. I’m looking ahead to learn from your lessons. Best wishes.

[Cryptor MD @cryptor_md]

@mamamaester Fantastic!

[beeple @beeple]

GORDO CARRYING THE ENTIRE SPACE 💪

[Cryptor MD @cryptor_md]

@NFTdavie 🤞🤞🤞

[Cryptor MD @cryptor_md]

@reylarsdam ✋