Issathecooker says turning $20K into $1M won’t make you cool: “Money can’t un-lame you”
“With crypto, it’s much easier to break out. You can turn $20K or $50K into $1M. It’s very doable we saw Quietly do it the other day.”
“You’ll buy the nice car, go crazy at clubs, and eventually realize, ‘This isn’t that much money. I need to look at my character and who I am.’”
“Money can’t un-lame you. It can’t make you cooler it’s just a tool that helps you accomplish what you want.”
“I’ve seen so many people make it without the aura to handle it, then lose everything.”
this is how i trade. what i do is scalping attention. that is my job. believing in smth is not my job. mapping out possibilities of exchange listings, crime team twaps or industry leaders liking tweets is not my job.
my work is gauging if smth is capable of achieving a certain attention threshold. if the verdict is yes and said attention threshold is not reached yet, i am buying. when the attention threshold is reached i am selling. that does not involve speculating if peak attention is reached.
example is my $AI trade today. i bought when there was not much talk about it yesterday and i sold when half the timeline talked about it today. the attention threshold is reached. my work is done. my edge is exhausted. can it go much higher from here? absolutely. one Vlad twitter interaction will send it flying, but i have no edge in mapping out possibilities of such an event occurring. that is not my job.
i am not in the business of dreaming and i am not in the business of gauging ceilings. i am in the business of scalping attention. and by doing this it is only natural that from time to time i will sell an asset that does many multiples after my exit. and that is totally fine. i do not feel pain about it anymore(i did in the past, and it is a hard habit to get rid off).
i acknowledge that selling some runners too early is part of my job. it is part of the contract i signed and it is necessary and crucial for the environment where i can do my job to exist in the first place. if dreamers would not be rewarded from time to time there would be nothing to scalp for me. its a symbiotic relationship. dreamers must stomach frequent roundtrips and getting their lunch eaten by scalpers in order to catch a huge multiple from time to time, and scalpers must accept selling a giga runner too early from time to time in exchange for no roundtrips. these are the contracts we signed.