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Quite sobering tweet.
I think crypto's "easy money era" lasted 6 years from 2017 to 2022.
There were less people & tickers. Less exchanges & less markets. Liquidity + attention was more focused.
After FTX collapsed, the crypto we knew died imo. Binance really went off the leash (in a bad way).
Extraction era began. Memecoins casino (98% lost money), celebrity coins (all rugged), the trenches culture (you gave away your money to scam KOLs). To top it all off we got the most crypto (retarded) president that completely killed this industry.
The only products left to survive are the ones you won't make much money on:
- Stablecoins (can't make money off of it)
- RWA (can't make money off of it)
- Prediction market (most of you will lose $)
- AI (most of you won't make any $)
- Perp DEXes (most of you will lose $)
You won't make any serious easy money no more. Adapt and develop real skills or die.
Lionel Messi is the greatest player of all time. Everyone will agree on that. He delivers everywhere he goes, even helping Inter Miami go from last place to winning the title. You can only do that if you are the greatest ever. There will never be anyone like Messi again. To everyone: enjoy every minute you get to watch Messi play, because we will never experience something like this again.
The biggest threat to Europe today is unchecked mass immigration from incompatible cultures, which overwhelms social systems and erodes national identities. Native populations face fertility rates below replacement levels, while parallel societies grow, fueling crime spikes and cultural fragmentation—as seen in Sweden's no-go zones and France's riots. Europe's leaders must prioritize borders and assimilation to preserve the continent's heritage, or risk irreversible decline.
If your parents stayed in Pakistan you’d be married at the age of 9 to an old man, illiterate and abused.
Slurring the British people for celebrating their culture, who treat you better than your own people in your native country. These “fascists” gave you freedom, education, human and women rights and you use it against them. Disgusting ungrateful behavior.
Hungarian PM Viktor Orbán exposes George Soros' 2015 plan to deliberately import "at least a million asylum seekers" into Europe annually.
"It's a plan... It was written, it was published, it's known."
In Magdeburg, Germany today a Syrian asylum seeker hunted down a woman in broad daylight. Witnesses watched in horror as he chased her through a pedestrian street with a knife, closing the distance while she ran for her life. She tried to escape into a building, but he forced his way in after her and stabbed her repeatedly until she collapsed and died on the floor.
This was not random. It was a public execution carried out in full view of ordinary people going about their day. A woman butchered while the city watched, another life destroyed by a migrant the state welcomed in and failed to control.
How to make it(The real way)
Give up the dream of becoming rich over night and adopt a 3-5 year outlook
Capital gain & income
"You can get rich from income but you need capital gains to become wealthy" - Robert Herjavec
The goal is to maximize both Capital gains via trading profits/investments & income via a jobs/business
Stable growth via income with large upticks from capital gains
Starting out
When starting at zero there's only one answer, a job. You need some capital base to start from so you find the best job you can. Save every dollar you are able
Trading
Once you have some expendable capital you can start trading small. The goal is not making it big but building out a skillset with focus process over outcome. Build skills to increase value
Trading Related Job
Now that you have actual trading experience + some social networking you land a trading related job. Quit your old job and move to anything from a proper fund position to managing a socialmedia account, take what you can get. This job is not required but a far better alternative to the normal job while you continue to build skill and stack capital
Investing
You now have capital gains & income, what do you do with the extra money? you invest
What you choose to park money in long term is up to you, make sure you have conviction to ride port vol. Personal choices are BTC, SPX & Real Estate
Managing
My novice advise is focus on minimizing taxable events
Building
In the late stages of the game I think the goal is to build things. Create a protocol, launch a fund, whatever you're interested in
Closing Thoughts
The takeaway from this is to strive for both capital gains & income instead of expecting your trading to do the heavy lifting early on. The majority of my growth came from swing trading trends so I can say with confidence you can grow quickly. However its important you don't force growth and instead allow it to come to you
In markets we don't create opportunity, we just capitalize on them
In Frankfurt the drug dealers and junkies didn’t like me filming on the street so they went to the police, and the police stopped us to tell me off.
Open drug market OK ✅
Filming in public NICHT ERLAUBT! ❌
Welcome to Germany.