i'm approaching altcoins differently this cycle than i did in previous ones
we've seen assets like HYPE and ZEC perform independently of BTC and ETH, even during periods when the broader market was struggling
i think crypto is gradually moving toward a market where individual fundamentals, capital inflows and actual business performance matter more
that makes identifying mispriced assets and understanding which teams are building increasingly important, rather than relying entirely on the direction of the majors
TODAY is EP02 of @banter_royale - the world’s biggest live crypto trading competition.
@cryptomanran & top traders battle for 69 intense minutes of raw, unfiltered $BTC, $ETH & alt trading.
No scripts. No edits. Just pure action.
LIVE in 1 HOUR.
https://t.co/7QdsYeJlgU
Less than 48 hours since private launch:
— Daily Trading Volume: $112M+
— Daily Open Interest: $6M+
Huge thanks to all early participants — we’re witnessing something incredible together.
Internet capital markets are the future of capital markets.
So we put Solana on Wall Street, right next to the NYSE and Nasdaq.
Now open @ 35 Wall Street, NYC. 👇
as a solana user, I want to be able to buy regular assets without feeling like I just did meth
gold, stocks, bitcoin, zcash, sol, hype, uranium, DePIN and even barrels of whiskey
all with just an internet connection
coming soon
CT spends a lot of time obsessing over profits and the journey of obtaining money. There have been many conversations around what is enough to retire, realistic goals and how to ‘make it’ but little conversation around what to do after ‘making it’.
Understanding how to allocate capital to live a fulfilling life is a very personal journey and it’s a delightful ‘problem’ to have. I am one of the fortunate few who has done a lot of thinking on this exact topic, and with the recent @boldleonidas post I thought I’d share some of my thoughts.
1) Buying stuff is fun. I’ve always liked nice things and being able to afford them is not something to be ashamed of, I think it’s important to celebrate your wins. Personally, I enjoy buying things that themselves are an asset class so you get to ‘splurge’ but also park your capital in a reasonable asset; things like vintage watches / art / Pokemon cards, whatever floats your boat (don’t buy a boat), spending money on things you like doesn’t need to be lighting it on fire; just look after your shit. Spending money on yourself is nice, but it’s science that says you will always be happier buying for others than yourself and it’s very much the truth. Being able to uplift those around you, support family, and buy something special for your parents are the most fulfilling gifts one can buy. A gift for others is the many times the best gift to yourself.
2) Buy time, then spend it becoming better. The most important dividend you can ever receive is time, my friends. Use your resources to try and reduce the pain points in your life, whether it’s a weekly cleaner or someone to mow the lawn, if you can outlay a small, affordable expense to gain your time back or reduce pain in your life, then it’s worth it.
3) Pay-to-win upskilling. Pick things you want to improve at, then spend the time and money to do so in efficient ways. Currently I take French lessons almost every day, tennis lessons every other day and some other form of exercise class most days too. There are experts who dedicate their time in exchange for my money so that I can continue to improve both mentally and physically. Cost in the pursuit of knowledge and skill is something that stays with you for a lifetime and I believe it to be one of the best ways to spend towards a fulfilled life.
4) Don’t lose your mind. It’s fun to spend money and if you do so on assets then it’s more sustainable, but if you let lifestyle creep continue to accrue and spend more than you make, then you’re doing it wrong. The list I’ve made above should be adapted depending on your level of wealth, if you can’t afford to spend that much then you simply shouldn’t. Past results do not signify future results and part of being able to spend money is knowing you are not at risk of losing it. Lifestyle creep is real and you should be aware of it, but don’t be so overly conscious that you become a slave to your wins and feel scared of spending anything.
5) Improve comfort. Sometimes it’s the little things in life that go a long way. Buying a dress or suit that you wear once is not the greatest ROI, but a nice reading chair, a comfy bed/pillow that you’ll spend >30% of your life in or a better kitchen knife are all costs that you should justify on a ‘per hour used’ basis.
6) Experiences. Life should be lived not just endured. Use your capital to explore new worlds, create memories and experience culture. Many experiences are free but time is currency, use yours to see the world around you as it is and soak it in. Concerts, hikes, swimming in distant seas, star gazing, live sports, tea with your grandma. Whether you’re spending your money or just your time, be grateful to be able to do so.
It is now time for my tennis lesson so I will wrap up a subject that I could say much more about. We focus on ‘retirement’ or ‘making it’ far too much on here, we should instead focus on ‘removing the need to work’ and what a fulfilling life looks like once that has been accomplished sustainably. Also just noting that there is no amount of money or tax efficiency that would make me live in a country that I don’t enjoy living in. I’ve discussed the justified costs of ‘per hour used’, where you live is such a large driver of fulfilment that paying additional tax is absolutely worth it. There is a very large middle ground in between the extremes, and plenty of wonderful places in the world to be. Earn your money, improve your life sustainably, become better each day through acquired skills and then live your life.
“Life, if lived well, is long enough.”
today you can bank yourself, send money anywhere on earth at the speed of light, or trade any capital market that the world has to offer
with just an internet connection and a private/public key
hard to overstate how beautiful that is
do not let the 2d chart change your 20y outlook
crypto is civilizational technology