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DoomPosting
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Degens Deteriorating
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Migrant: “Give me anything I can need. Give me.”

Tbh find this migrant dude hilarious,

Can only be furious at the commie thieves who are making this all happen

Migrant says you should jump off a bridge, and you do it, shame on you ya commie scum

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All other countries: Fight!

Estonia: Nah, flight bro

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Earth to be hit by 600,000 mile-wide 'bird wing' solar eruption TOMORROW

“The full force of this eruption could trigger a severe or even extreme geomagnetic storm, the highest level on official rating systems”

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Trump suggested that the United States take Gaza, deal with Hamas, and turn it into a freedom zone during a business roundtable in Qatar on Thursday, The Jerusalem Post reported

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Stfu with your “take profits” scam advice

“Take profits” — another phrase that pretends to be so smart but is really vague unfalsifiable BS

Literally saying “just sell high buy low” — No, sh&t dumbass. Useless advice.

Problem with this dude was he was literally a big time sports gambler, betting huge on sports games he had zero edge in

If he would NOT have taken profits and moved it to sports betting — and instead had just left it in crypto, then be doing great right now

“Take profits” is “just buy low, sell high” fake advice

Vast majority are as bad at telling when the “high” to sell at is, as they are at recognizing when the “low” for buying is — especially in this past cycle.

If anything, the opposite of this advice is more often true — E.g. refusal to “let the winners ride” has wrecked far more portfolios this cycle than anything

— E.g. the absolute idiots who sold their $PNUT after the first ~5x, dooming their whole portfolio from the big win they needed to make it all back and be extremely in the green, since the REAL REALITY of these markets is “1 huge win returns the fund”

Cut the fake vague phrases that pretend to be good smart advice, but aren’t

That’s what I think of the useless vague af “take profits bro” advice

Choose well, allocate appropriately, and HODL is the real, emperically far more successful advice

Not this buy quick jeet quick day trader BS that daytraders push just to shill their perp trading affiliate links

Day traders are useless scammers who are wrecking everyone with their horrible fake advice and not gonna be silent about this anymore

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Daytrader influencers are supposedly so successful from their day trading

— But their real job is giving you horrible advice to use when day trading using their affiliate links, from which they get commission for you wrecking yourself

Choose well, alocate well, HODL — is the real advice

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“It just means secure a little profit”

No

Scam

— Totally ignores the realities of early-stage investing

= ~One huge win must return the fund

= Vast majority of the investments fail, and then a very tiny fraction, often 1 or 2, hit 250x, 500x, or 1000x and more than make up for all the losses

THIS IS THE EMPERICAL REALITY OF EARLY STAGE MARKETS

So what happens when you “just take profits” at 5x?

= Rest of your portfolio ends up DEEPLY UNDERWATER

Because you missed the 1 win to return the fund

This is EXTREMELY WELL KNOWN both in tradfi and early crypto — EVERYONE SAW WITH THEIR OWN EYES that only HODLers across the cycles won

— It was not until THIS CYCLE, with the flood of new exchanges offering big affiliate commissions, that suddenly all the influencers say “take profit” > HODL

It’s all an affiliate commission scam that practically not exist until this cycle

Understand the basic realities of early-stage investing

(SHOULD take some profits at some well-qualified, emperically good exit event, e.g. hitting binance, or hitting some BIG multiple that’s e.g. enough to return the rest of your fund — but this unfalsifiable “you should have known that was the top” when it was not easy at all to tell that some top was the top, and that top wasn’t nearly enough of a big multiple to offset many losses — junk advice used to sell day trading affiliate commissions.)

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TBH had always assumed that the big influencers who switched to sports betting were just larping

Just posting faked betting slips in order to get sports betting affiliate commissions

Well, looks like it may not have been a larp, some of them actually betting 6 or 7 figures on sports games they had zero edge on

Madness

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