i remember reading an old article on ct describing how the market has been rewarding wrong takes and a lot of us have carried that same mentality thinking that we were right since we were rewarded
but in fact a lot of folks will eventually be punished
but in fact a lot of folks will eventually be punished
👍9
nearest examples being
xxx is consensus now, this must be top
xxx has the lowest sentiment, this must be bottom
in the past, we were actually rewarded by taking trades like these, so most people actually do carry forward these kinds of reasoning
but i think we will eventually run out of chances to be wrong and make money
xxx is consensus now, this must be top
xxx has the lowest sentiment, this must be bottom
in the past, we were actually rewarded by taking trades like these, so most people actually do carry forward these kinds of reasoning
but i think we will eventually run out of chances to be wrong and make money
👍2
can't blame ourselves because we got pavlov-ed from how the market worked previously and we simply try to repeat what worked to make money again and again
just can't be too comfortable w the conditioning and assume status quo moving forward
just can't be too comfortable w the conditioning and assume status quo moving forward
👍3
then again, who is to say what reasonings are right or wrong
since its always price <> narrative
you are always wrong until the price goes up and suddenly you are right
since its always price <> narrative
you are always wrong until the price goes up and suddenly you are right
👍10
Crypto Mumbles
i remember reading an old article on ct describing how the market has been rewarding wrong takes and a lot of us have carried that same mentality thinking that we were right since we were rewarded but in fact a lot of folks will eventually be punished
if you know which X article i'm talking about please send me cause i would love to read it again
its somewhere in this tg but i forgot to bookmark it with a hashtag
its somewhere in this tg but i forgot to bookmark it with a hashtag
derisked some parts of my pf
things feel sluggish to me, i don't like it
i expected a certain weakness but market feels even weaker than expected
still holding main bags ofc, just slightly trimmed
things feel sluggish to me, i don't like it
i expected a certain weakness but market feels even weaker than expected
still holding main bags ofc, just slightly trimmed
👍8
Forwarded from Crypto Goodreads
Many similarities.
Both extreme loyal to Do/Jeff. Both getting extremely rich in a short amount of time.
The tunnel vision we see now is not healthy though. With that said the price could probably hit $50.
Both extreme loyal to Do/Jeff. Both getting extremely rich in a short amount of time.
The tunnel vision we see now is not healthy though. With that said the price could probably hit $50.
Crypto Mumbles
its funny but hype feels like luna to me not in a literal sense, but the various aspects of things cult, lofty targets, people making big money, everyone is up and feeling good, constant bullposting just the entire vibe, yknow? these are the type of projects…
luna vibes
and it's been playing out the same
still more to come imo
just don't marry it
and it's been playing out the same
still more to come imo
just don't marry it
🔥1
Crypto Mumbles
recent gcr and smartestmoney shills have pushed hl eco a considerable bit beneficial to standby money in your hl tg bot for hl trenches hfun tg bot: https://news.1rj.ru/str/HypurrFunBot?start=ref_9f5b880a
trying to get used to hl trenches and started a mini wallet with $1k
so far so good, but the ball game is kinda different and takes some time to get used to
overall vibes so far is definitely less predatory, maybe because majority are still on sol
must have to take part:
https://news.1rj.ru/str/HypurrFunBot?start=ref_9f5b880a
you can purchase both pre and post bonding tokens with the bot, just like trojan
familiarise yourself with the ui first
so far so good, but the ball game is kinda different and takes some time to get used to
overall vibes so far is definitely less predatory, maybe because majority are still on sol
must have to take part:
https://news.1rj.ru/str/HypurrFunBot?start=ref_9f5b880a
you can purchase both pre and post bonding tokens with the bot, just like trojan
familiarise yourself with the ui first
👍1😁1
crazy to think that projects are willing to pay almost half a milly just to get listed on hl
very interesting because the next auction goes for almost 7 figs
very interesting because the next auction goes for almost 7 figs
😨6
clear to see that hypurr tokens are having a very hard time graduating as projects teams are consistently outbidding in the auctions
the higher auction prices go, the higher the bonding price goes for hypurr tokens too
it gets interesting
1) the subset of participants that need to hypergamble will continue doing so and will play within the given range before bonding -> trenches will adapt
2) if listing price gets too high for project teams to bid, it is possible that hypurr pooled TVL can win if its hot enough
3) auction prices can serve as a signal of froth, similar to what we've seen in DA last cycle
if/when projects are willing to shell out mid 7 figs to get listed
4) feature, not bug
the mechanism is designed to combat dilution and is working as intended, so will this deter gamblers and kill hl trenches?
will it *really* help concentrate liquidity on already listed memes on hl?
very interested to see where the market goes with this
the higher auction prices go, the higher the bonding price goes for hypurr tokens too
it gets interesting
1) the subset of participants that need to hypergamble will continue doing so and will play within the given range before bonding -> trenches will adapt
2) if listing price gets too high for project teams to bid, it is possible that hypurr pooled TVL can win if its hot enough
3) auction prices can serve as a signal of froth, similar to what we've seen in DA last cycle
if/when projects are willing to shell out mid 7 figs to get listed
4) feature, not bug
the mechanism is designed to combat dilution and is working as intended, so will this deter gamblers and kill hl trenches?
will it *really* help concentrate liquidity on already listed memes on hl?
very interested to see where the market goes with this
👍11👎2
kill the trenches, you are indirectly killing hfun
while hfun can be used for listed tokens too, can it sustain purely on spot?
maybe the meme culture just doesn't stick on hl as it was built to combat by-products of memes anyw
should that be the case, then you'll eventually have a very small list of things to bid
see where the market resolves, but i wouldn't mind because the picks would be clear given the scarcity
while hfun can be used for listed tokens too, can it sustain purely on spot?
maybe the meme culture just doesn't stick on hl as it was built to combat by-products of memes anyw
should that be the case, then you'll eventually have a very small list of things to bid
see where the market resolves, but i wouldn't mind because the picks would be clear given the scarcity
👍7👎3