A guy told me:
"Unfortunately, some people were not here to evolve, they are here to remind you what it looks like if you don't"
Something in me changed that day
It doesn't matter if it takes years.
What the fuck else are you going to do?
You aren't going to learn, create, experiment, grow, and everything that makes life enjoyable because you have something better to be doing?
Your mind is playing tricks on you.
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
My Toyota Camry is a Ferrari
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.
Most marry to escape loneliness, not to embrace partnership, and that is why their homes become graves for their ambition. Two broken souls cannot build a kingdom; they build a cage and call it love. Success is not about wealth, but about sovereignty, the ability to stand as your own before joining with another.
If you enter union while still hungry for validation, you will spend your years feeding on scraps of attention, mistaking servitude for loyalty. The altar will not save you; it will expose the cracks you ignored. A poor mind in a rich marriage is still poverty, just dressed in vows.
So build first. Build your mind, your craft, your silence, your spine. Then, if someone dares to stand beside you, it will not be out of need, but out of recognition. That is not marriage. That is alliance.
-The Weaver of Woe
Partnership without power is penance.
It is very disappointing. Our industry is progressing well. But the talents that are representing us not good enough. Some of them are from billion dollar unicorns. #TOKEN2049Singapore
Read below 👇
Was wondering if Binance or any crypto exchanges actually hired people who been in the space for several years or will they just hire some college graduate that have experience working in other companies with no dex/defi experience.
Most people quit before variance evens out.
You can have large swings just because of pure luck. You need to play the game long enough to understand whether you're actually a good player or not.
Most won't grind it out.