You're simply variance.

Joined April 2023
Everything trends towards zero. Your favorite companies and asset classes will eventually fail. That is the ultimate burden of wealth: You constantly have to fight to keep it. You might think blue chips stocks are safe but you have to understand that every company is fighting a slow death. Even the Dutch East India Company - which rivaled some countries in terms of wealth and troops - failed. The world is ever changing and every company has to navigate that correctly, which on a long enough time frame it can’t. Statistically you will eventually make a mistake. You can never be right all the time. It doesn’t even need to be a mistake, it can just be not keeping up. Study BlackBerry. There will only be a few winners and you need to choose them correctly. Not choosing an investment is choosing a fiat currency which - like your body is chipped away at by nature - is chipped away at by inflation. You might think bonds are safe but remember that even nations fail. The US is quite a new nation and has only been around for 200 years. Japan was an economical super power but if you had invested in their economy 40 years ago - at their peak - you would still be underwater. Does anyone even remember how big of a superpower the Netherlands was? β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”- The natural state of everythings is 0, everything is constantly fighting death. Everytime you eat, sleep or drink you’re fighting death. Having children is fighting the death of our race. Everything is a struggle for survival. But that is the beauty of it. Imagine if humans could live forever. You could never compete with Mark Zuckerberg as his knowledge compounds. The death of companies, asset classes, countries, humans and species create new room for growth. The death of one company is the transfer of wealth to another. Another opportunity for new participants to get rich.
15
2
1
48
18,564
Prometheus (🐦,🐦) retweeted
The case for a golden bull run has never been stronger than right now: - Central banks started easing monetary conditions. - Most crypto-friendly US policies due to President Trump incoming. - $BTC and $ETH prices coupled with the insane amount of money in TradFi due to the ETFs. - Network effect scaling massively like never seen before (Metcalfe’s Law). This is a once-in-a-lifetime setup. Prepare for what could be the most significant bull run in crypto history.
27
2
33
17,634
Find incentives is annoying but here's my trick for @SolvProtocol Liquidty page! search by chain, token or type
πŸ‘€ Justin Sun taking over $WBTC πŸ‘€ @babylonlabs_io BTC of Eigenlayer just launched πŸ‘€ @SolvProtocol took 25% of Babylon's 1000BTC deposit cap If not BTC, wt are you looking at? 🧡 Solv πŸ”₯$SolvBTC.BBN Largest Babylon LST across chains exposure to babylon avoiding BTC gas
3
3
26
10,878
πŸ”Ή @squeeze - helps you trade Tokens with leverage day one xitter.cf/squeeze_dot_it/status/…
2
1
1
4,644
πŸ“DeFi πŸ”Ή @etherealdex - decentralized spot and perpetuals trading powered by USDe ( supported by ethena's liquidity) xitter.cf/etherealdex/status/184…
Ethereal's temp check for a potential integration with Ethena has been approved by ENA governance with 99.6% voting in favor. This is an exciting step forward for both the Ethereal and Ethena communities The Ethereal early access waitlist is now open! More details below
1
1
1
3,456
There have been some rumours circulating that I am short. I just want you all to know that I am 6’5.
30
1
13
11,766
πŸ’Ό Looking for someone competant to be my assistant (slave). πŸ’°: 5000-10000$/month depending on experience πŸ‘·Tasks: Help me navigate my fast-paced Β«entreprenaurΒ» life - Answer my whatsapp messages in time - Answer my telegram - Book flights, appointments and reservations - Remind me of my family’s birthdays - Text my family on my behalf πŸ“©More info in DMs
49
1
26
33,751
Last time Dubai was this flooded I had a friend with me who needed vapes. None of the delivery apps allow missions when there’s this much rain but we had our personal delivery minority on standby. He didn’t want to do it but my friend practically forced him to by offering a fat tip. Unironically this meme:
6
21
20,656
Just woke up from the storm. Wtf is happening in Dubai?
6
10
7,752
Update: elevator broken so I had to run up 23 flights of stairs
1
1
5,511
I often miss out on opportunities for free money because I don’t believe in the concept. I’ll get an offer and if I don’t see what I’m paying in terms of risk premium then I won’t take it. In reality it’s just friends giving me insider deals.
9
19
5,146
There are way too many people who have an opinion on the market that have never made any significant money from market themselves. Most of you shouldn’t even be trading with these dog-shoe reasoning skills. Post PNL before posting your opinion please.
4
22
5,769
Life isn’t a singleplayer game, playing solo in squads is a mistake.
4
1
22
4,593
I don’t know if this is real but any strategy that is focused on not losing capital as opposed to growing it should win in the long run as the market keeps going up. Your ONLY job is to not get wiped. Averaging up on winners also works because momentum compounds and winners continue to win.
This is Richard Dennis. In 18-years, he turned $400 into $200,000,000. He wanted to prove that trading could be taught to anyone. So he started the Turtle Traders program. Over the next 4 years, the Turtles earned a combined profit of over $100,000,000. The Turtles story:
2
15
6,576
Get out of LCX before you get REKT. Study Celsius.
Ok so your 7% BTC yield supposedly comes from: Staking? Not possible. Liquidity provision? There is zero yield on BTC. Business operations? Your exchange does $2M/day volume which equals 0 revenue. So you have no revenue and no way to provide that 7% yield. This is a classic Ponzi, even the top hedge funds can't guarantee 7% yield on BTC. We have seen the same thing go down in Nexo/BlockFi/Celsius. Also what does your 3 letter Twitter handle have to do with anything? @LCX is a Ponzi scheme.
3
1
14
4,891