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Gainzy explaining why he continues to gamble in crypto
In crypto, you might turn a small stack into eight figures through wild bets, meme coins, and high-leverage trades. But the mindset that got you there, the constant risk-taking, the adrenaline, the “just one more trade”, doesn’t change with your bank balance.
Now you have 8 figs. But the goal post changes. You want 9 figs. The hunger grows. The numbers on the screen are just fuel for the next gamble.
Unless the underlying mindset changes, the cycle of gambling continues, no matter how many zeros are in your portfolio.
https://fxtwitter.com/Route2FI/status/1922954605807186218
Now you have 8 figs. But the goal post changes. You want 9 figs. The hunger grows. The numbers on the screen are just fuel for the next gamble.
Unless the underlying mindset changes, the cycle of gambling continues, no matter how many zeros are in your portfolio.
https://fxtwitter.com/Route2FI/status/1922954605807186218
FxTwitter
Route 2 FI (@Route2FI)
Picture a high-stakes gambler who hits it big at the roulette table, walking away with millions. But instead of stopping, the thrill of the game keeps pulling him back.
The money isn’t the goal, the rush is. No matter how much he wins, he’s still a gambler…
The money isn’t the goal, the rush is. No matter how much he wins, he’s still a gambler…
Worth reading.
Personally always been a huge fan of Naval
https://x.com/NikHuno/status/1922971074565669357
Personally always been a huge fan of Naval
https://x.com/NikHuno/status/1922971074565669357
X (formerly Twitter)
NIK HUNO 🦉 (@NikHuno) on X
Born poor in India.
Abandoned by his father at 9.
Raised in NYC libraries by a single mother.
He turned nothing into
$2B predicting the future.
The untold story of how Naval Ravikant
hacked reality with his intelligence. 🧵
Abandoned by his father at 9.
Raised in NYC libraries by a single mother.
He turned nothing into
$2B predicting the future.
The untold story of how Naval Ravikant
hacked reality with his intelligence. 🧵
Is HYPE overvalued? Or is it just that only measuring it as a perp product is wrong?
https://fxtwitter.com/sshxbt/status/1922644270806175856
https://fxtwitter.com/sshxbt/status/1922644270806175856
FxTwitter
SS (@sshxbt)
most insane power law i've seen
(from coingecko's perp dex category)
(from coingecko's perp dex category)