Different market and industry stages mean different levels of traction across activities and niches. Nothing is dead, it's just being reallocated. The only thing X "could" potentially measure is general "hype," which, if we believe in this industry, doesn't really matter in the short term.
Well, I guess one kidney is already gone.
What a turnover, isn’t it?
Raise money.
Buy BTC.
Raise again.
Buy more BTC.
Sell BTC to pay dividends.
Raise again.
Buy more BTC.
Sell dilution as a strategy.
Package leverage as investment innovation.
WS calls it a treasury company.
CT calls it BTC financial engineering.
I call it Ponzi...
Its not that hard (but ngl, I did those too in the past) experience is gained, not downloaded lmao..
Some ideas what to think about before the sleep for new BDs in our cute space.
- Don’t explain your position (most of the time, not needed)
- Start the message with the value or the reason for reaching out.
- Don’t use "came across"… Show that you know exactly who you’re writing to... I am starting to take it personally when someone send me a message and they even dont know who they writing to lmao
- Create interest through your knowledge. Show that you understand your client's business.
- Don’t ask for a call in the first message if you are not 100% confident its important to them, or you’ll sound like a time waster. Propose a call once the value and mutual interest are clear.
- Simplify everything. Don’t ask the client for things you can cover yourself.
- Balance professionalism and your personality. We’re all just people but you can still keep things relaxed and professional at the same time.
- Don’t ask generic questions. Get kindly but directly to the point.
- If your approach is purely business-oriented, keep the conversation focused. Don’t jump off-topic out of nowhere. Its distractive.
- When mentioning references, align them with what people in the industry are likely to know. If you reference a highly successful algorithmic hedge fund and I’m in the gaming industry, I likely won’t know it. Add one sentence explaining why it’s relevant.
- Identify their priorities and interests, and respond to them accordingly.
and last one... for all ambitious BDs in the space
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Vidím to podobne už od začiatku 2025. Bolo to vidno na datach ale nesúhlasím "len" s binárnym rámcom „buď catch-up bull, alebo krypto irrelevantné“.
Posledné roky tu reálne bull market nebol, len prílev likvidity od inštitúcií, zatiaľ čo retail reálne nevyrástol. V 2025 som veril, že nová likvidita od inštitúcií pritiahne masu keďže zvýši trust v toto industry a bull sa „doleje“ aj zdola ale to sa nestalo. Či už kvôli makro neistote posledných 2 rokov alebo to bol jednoducho môj myľný predpoklad... a od "bullrunu" som už upustil, hoci ako si reagoval na nejaký komentár vyššie, tiež zostávam priklonený k prvej možnosti. Oveľa viac ale verím v transformáciu celého odvetvia. Za posledné 2–3 roky vidíme posun v narative aj v dospievaní industry. Určite príde stabilizácia významu krypta cez jeho reálnu rolu (napríklad vo forme využitia stablecoinov)
Najväčšie zmeny si myslím ale prebehnú na pozadí a pre koncového usera sa veľa nezmení a UX ostane rovnaké a bude to prechod z "Web2 backendu" na "Web3 backend" čo už môžeme vidieť teraz u fintechov typu Revolut, bánk, payment providerov atp... Veľa ľudí ani nebude vedieť, že používa blockchain a teda krypto podľa mňa určite neskončí, len prejde zo špekulatívnej fázy do infra.
Merry Christmas to everyone! 🎄
Hope you’re logging off, touching grass, and spending time with the people who matter most.
Wishing you calm holidays, a well-earned pause,
clean on-chain wins, with charts finally at ease.
Stay safe, stay grateful, enjoy the festive spree,
and let your wallet rest quietly under the tree.
See you back in 2026, everyone!