First Principles Thinking by Sahil Bloom

shared an article by him previously as well on the Cantillion Effect
link here: https://news.1rj.ru/str/cryptomumbles/2090

"A first principle is a basic, foundational assumption—one that cannot be deduced or broken down any further."

I personally think it's a useful tool when doing research on your protocols -> drilling down to foundational truths and questioning innovation to produce an asymmetric outcome

definitely applicable outside crypto as well

worth a read!

#reads #newbie

whale buying activity has resumed

bottom sig? 👀

https://twitter.com/WClementeIII/status/1487080803448373250?s=20

wishing all my chinese subs a happy chinese new year! 🍊🍊

have a prosperous and HUAT year this 2022

in celebration of cny I'll be giving away some small angbaos to help you huat HUAT!

there will be a total of 5 winners, each winning a $10 angbao 🥳
*you have to be in both discord and telegram channel to win
(see pinned message for discord)

raffle will close tonight @ 8pm

atb and huat!

🎉 The winner is — @Aarontjm! Congratulations!

Number of participants — 90.

good pov

https://twitter.com/cburniske/status/1487852519610929152?s=20&t=lK69AZSEuixUBvJVDtYQpQ

very quick summary of this thread about tips on how Duke Rick flipped 3 digits to multiple 7 digits

1. be early to protocols
2. find people to help and share alpha together while investing/trading together - your alpha group
3. flipping NFTs are a good way to build capital too
4. learn some solidity
5. don't give up too easily when you're down

definitely something to learn here for everyone

copy and repeat

#wagmi #reads

congrats winners!! 🤩

please pm @ayyitssdanny for verification

note:
if you do not claim within the next 4h then your angbao will be forfeited 🤧

congrats once again!

hope the rest of y’all are having a great reunion dinner 🥳🥳

oop seems like i messed up the number of winners

polling one more time for the other 4 !

closes 10pm!

🎉 The winners are:

1. @bearlastair
2. @airdelinee
3. @bosszuvi
4. Jeremy Chang

Congratulations!

Number of participants — 88.

winners!

same steps to follow as per the message above

congrats! :-)

also, I realised some of the newer to discord people didn't verify themselves in the server

you have to verify yourself in order to gain access to the community and chats

just a tip for those that are wondering why there isn't anything

verification is just one click @ the verify-here channel ✅

cheers!

Optimizing decision making efficiency

1. simplify bets
2. narrowing no. of bets to converge attention
3. discipline

simple stuff, probably heard it before

but extremely important and if executed well will bring you the fortune you desire

short read, encouraged!

https://wangarian.substack.com/p/sharpening-the-knife?utm_source=twitter

#reads #newbie

GME ape continuation into IMX

https://twitter.com/0xferg/status/1489214835350900737?s=21

sadreacts only

https://twitter.com/polarply/status/1489572631649083394?s=20&t=xy1FjiJ3jR-inX1e-Y3_dA

small breakout

range high nicely tapped

wait for further development

weekend incoming 😮‍💨

pretty good example of simple range trading btw

clear invalidation, nice RR 2.7

mid range swing to range high

trading doesn't have to be overly complex like some people do

taking this bounce to reoptimize my portfolio and selling off coins of low conviction

inspired by the substack 👌🏼

just scooped some metispunks on the metis nft marketplace

first NFT marketplace on METIS

metispunks is the first NFT collection on it as well

if you're bullish METIS it only make sense to get some rn

p.s. when I first opened the site the floor was 0.36 METIS

rn after shopping it's at 0.5 METIS