Simple market thoughts.
$BTC, $ETH, $SOL, $ETHBTC
Think cycle is over for btc, but we get a decently sized push up for one quarter of alt outperformance. plain, simple, and zoomed out. Sol chart is in mkt cap, as charting price (for sol specifically) is useless imo.
Simple market thoughts.
$BTC, $ETH, $SOL, $ETHBTC
Think cycle is over for btc, but we get a decently sized push up for one quarter of alt outperformance. plain, simple, and zoomed out. Sol chart is in mkt cap, as charting price (for sol specifically) is useless imo.
a tale of gaming psychology and how it can be applied to real life;
I genuinely think the biggest red flag Sam Bankman-Fried had was the fact he was Bronze in League of Legends after thousands of games
I will provide an infographic at the end for those that don't know the game and return to SBFs case
over the last 10 years I've been Master/Grandmaster on and off [basically focused on my career hence the 'off']. that's between top 0.2 to 0.025% of the playerbase, depending on how much I play
the game taught me a lot, but most importantly it taught me to read people according to their performance and in-game behavior
sounds silly, right? how can one determine someone's personality through a videogame? well, I can and I did
A plethora of times I was invited into friendly matches, where after only 30-60 minutes I could determine someone's psyche, down to the T. I would then approach a mutual with those findings, only to get a shocking reaction from them - "it's true, but how the fuck do you know, you've only just met them?!"
some plain examples, although there's dozens of them I won't name
narcissist? a vicious combination of perceived apathy towards the game whilst shifting blame at others/the game itself because it hurts them internally to admit they're not good performers. they secretly want to improve, but nobody must know
sociopaths? actual real apathy towards the game, tendency to ruin it for others via passive-agressive behavior, yet the ego unravels their insecurities as deep inside they want to be able to call themselves better than others
attention seeking 'pick me' females? tendency to juggle between dozens of playing 'partners', fully focused on the attention/simping game rather than the actual game. we call them e-girls, promiscuity runs deep and most of them cheat on their partners whether emotionally, physically or both. I've seen and experienced some wicked shit that would put cocaine sniffing party girls to shame. one specimen was actually engaged and cheated on her fiancee with me. funny story. stay away from e-girls
those are just a few of many. you get the gist
now, I may be slightly hyperbolic here whilst cosplaying a psychiatrist and it is true that a lot of videogame toxicity simply stems from peoples dissatisfaction with their real lives. they're unhealthy, unhappy, lack of social connection, no purpose/goal/career, mental health issues and so on
this then reflects within the game itself through behavioral patterns - but ask yourself, would you actually want to be friends with someone that has such issues IRL? I wouldn't. nobody would
enough about psychology, lets talk skill.
SBF. Bronze rank [bottom 25% of the playerbase]. what's worrisome about this however is the fact he had thousands of ranked games behind his belt, clearly showing a tendency and desire to improve
lets put this into perspective;
a thousand games;
- no gaming background/low IQ should result in Silver [bottom ~40%]
- gaming backround/average IQ should result in Gold [average playerbase]
- gaming backround/high IQ should result in Platinum [top 25-30% ish]
absolutely nobody, unless they're severely mentally impaired, should be Bronze or below after thousands of ranked games like SBF
I had no gaming background in 2014 when I started - after 500 games I was Platinum. after a two thousand games by 2015, I was already in the top 1% of the playerbase. I was close to apex tiers.
basically, I'm firmly convinced SBF is mentally retarded, below average IQ and a narcissistic sociopath
it's comical to me how people called him a quirky genius, whilst he is an actual troglodyte
infographic below - the first yellow shade box is SBFs rank after a few thousand games. the second one is mine back in 2015-2016 after a similar amount of games. I'm not even a genius or a gamer.
you should have given the billions to me, at least my whore wouldn't look like a sewer rat.
Genuinely feel bad for Tate,
Such a gigantic loss in terms of brand image.
The difference in kickboxing is, closing the distance is much easier with kicks, knees, elbows, whatever else. Fake a knee, step in, close the distance.
Your head movement is also different because you need to anticipate not putting yourself in a compromising position.
When it's pure boxing, you NEED elite footwork just to get in range with your hands alone.
Unless you're used to that from a young age, you'll never pick up on it this late.
Didn't bet on the fight despite being asked to [purely for the above reasons] and I'm glad I didn't.
~ Dr. Axius.
Horses article is a must read for every new aspiring trader
what helped me adopt this mindset were periods in the market where my system found itself with barely any signals to give
that's when I carefully started deviating from my norm - from how I usually trade, what indicators/systems I mostly use
it started gradually, by me using different tools, oftentimes even intuitively jumping on something that seems to be presenting opportunity when nothing else is
as the big question loomed over my head "should I even be doing this, why not wait for better conditions, am I being responsible, or just gambling?" - I was forced to reduce size with the new, different approach in order to see how it goes - doing it safely
suffice to say, as I saw success from such 'behaviour', the behaviour that is usually frowned upon by your favorite trader-influencers, it helped me switch from static to adaptive mindset
how many times do you hear "don't trade bad conditions, sit on hands" and so on?
let me give you a secret - there is NO such thing as bad or good conditions. just bad or good traders that can either adapt or not
you absolutely should trade most conditions if you're skilled enough to find an edge. it does not matter how you pick the money off the floor - whether it's with a shovel, bucket or bare hands - what matters is that you don't tie your identity to one particular set of rules and systems. oh, and that you obviously pick the money up in the end
some of my trades last 30 minutes. some 2-4 hours. some a day, some few days and some I let ride for weeks. some are based off of momentum, some defined by dislocations, others are exploiting skewed/one-sided positioning at inflections - hell, sometimes it's merely due to my balls tinging
don't be an amateur, don't be static. don't be linear - not in an industry that's defined by ever-changing conditions, edge-decay and ever growing influx of people that are simply put, better than you
don't be shit.
๐
Ok make the most pro-crypto president in history win the election
Now send his own meme coin to zero with no bounces
Ok now send random tech stocks 1000% instead of crypto
Now use these tech companies to spy on the population
Double the cost of living
Ok now give their jobs to immigrants
Blame job displacement on Chinese manufacturing and start a tariff war
Wait till they sell
Now undo the tariff war
Ok now convince them that 4 year cycles arenโt a thing anymore at the top of the 4 cycle
Now start the tariff war again
Shut down the government
Tell them they jave a gambling addiction
Ok give boomers more tax braaks and send their gold to ath because they worked harder.
Wait till boomers die now send the dollar to zero.