Qwerty says the moment he knew he had to take a break from social media was when he roundtripped a 7-fig PnL on a random Sunday night “I posted I was long $W, $GRASS and $ONDO like 7-8 days ago which is just a really random basket of altcoins which didn’t even make sense to me why I was in them. I mean it was calculated but somehow on Sunday everything just started ripping, GRASS was up 50% in 24 hours, WORMHOLE was up 160% in 24 hours and ONDO had just bounced crazy off the lows” “This was my biggest PnL day since Niu Lai got listed on Binance Spot because of that coin I was holding 1% of the coin and it went up like $80m. So this was my biggest PnL day since like a month and a half ago and I was just sitting there stuck in this euphoric state again. I didn’t react. I didn’t sell any of my positions. I just went to bed and I thought to myself ‘when I wake up tomorrow this will be worth $3 million’” “I woke up on Monday and everything just started coming down so I started to get out of some of the positions but in those 12 hours the amount of money I was up the night before almost seemed insignificant because every move brutally retraced and I just watched $1 million turn into what was almost a break even trade. I was just like ‘f*ck I can’t keep doing this’”

Steve explains how bucketing your capital can help young people be better traders "I think bucketing your capital is very important. I always have my intra-day trade bucket where I trade memecoins/perps, my second bucket is my swing trades/longer term altcoin plays and then my third bucket is where I have my longer timeframe spot plays" "The goal is to always be moving profits to your higher timeframe buckets from your lower timeframes"

Qwerty reveals why he had to take a step back from CT "I was playing Qwerty more of like a character. It's been a problem for a while and I noticed I wasn't doing anything different and I didn't see any change so I just thought I would step back, cold turkey it and see if anything could change" "I think it just really boiled down to the fact that I was getting more dopamine from posting a coin and then it went up 100% and I wanted to see who made money because of me than the actual dopamine that I'm supposed to be getting from hitting a positive trade" "I would hit a multi 5-fig or multi 6-fig trade and I would be more focused on updating everyone on Twitter or on Telegram that 'yo if you followed me into this trade' rather than noticing that this is probably an emotional level for the trade and I should start scaling out of the trade" "It turned into this vicious cycle of a lot of roundtrips over the last year because I was too focused on what people were going to think because Qwerty as a platform was starting to get really big. So, I just decided that I would just start trading for myself again instead of trading for other people"

Tay reveals what you should actually do to protect yourself from a hack instead of panicking “You probably shouldn’t panic, It’s usually worse to panic. If you’re in crypto you probably know this, right? When the market starts to crash, don’t go catch the falling knife. It’s the same with security. If you panic, it usually gets worse.” “My advice is when you’re not in a panic state think about all the different assets you have. Think about how you can secure those, but also how you can diversify those to be secured by different methods.” “You don’t want to get hacked and have your entire net worth wiped out. It’s better to diversify so that only one egg in one basket gets wrecked, rather than all of the eggs in the one basket. So, spread things out. Use different wallets. Use cold storage. I think that will give people a lot of peace of mind.”

Rell says his strategy for making money on BNB is just buying coins that a lot of other Chinese traders are in “BNB is so weird, most of the time the coins make no sense and a lot of other westerners won’t buy the coin because it doesn’t make sense. But, if I see two coins at $30k and I see a bunch of Chinese traders in the one that doesn’t makes sense to me, I’m blasting that one” “The coin that I made $2,000 on today, I didn’t understand a single part of it but I saw every Chinese person in it so I just blasted it”

Tay explains what the f*ck PHP is and why the PHP2Shell bug is dangerous “So PHP is a programming language like Solidity. It’s a very old programming language. To give you context when I built my first website it was in PHP and it was already considered old.” “But, it’s not like JavaScript where it lives in one place, PHP lives everywhere. Every WordPress site is built in PHP, along with E-commerce sites, blogger sites and everything that wasn’t built in the last few years is probably PHP. Estimates are 70% of all websites are built on PHP” “So some researchers, that are insanely smart, with the new AI models and they knew about PHP, knew what questions to ask and just went to town.” “They were able to find not one but two RCE’s which stands for Remote Code Execution. It means that anyone can hack you remotely, it’s the worst kind of hacking.” “That’s why this patch is so critically important because we can’t have people running around hacking all of our websites whether that’s a travel blog or Government websites or banking websites or fintech websites that also run on PHP”

Threadguy plays back a message he sent to his chat last night, asking them to physically stop him from selling coins if he starts panicking:

Steven explains the mindset you must have to be a successful trader "Honestly just have a genuine love for the game. I tell most people if you're not genuinely interested in trading and you wouldn't do this if there wasn't money involved then that's a big problem" "If you're not interested in crypto then you should go trade stocks. But, if you aren't interested in trading there are still ways to still capture upside by just being an occasional investor. We see this a lot in stocks where people have great jobs and consistently put money into the stock market and they still make a lot of money and perform extremely well. Also, they aren't doing half as much of the work as someone who, doesn't really care about crypto, spends every single day trying to make money. A guy who is occasionally investing is going to outperform that"

Murad explains why we will see individual memecoins hit a one trillion dollar market cap