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Rugging tutorials continue to go viral
IMO new coin launchers, that the ruggers have not yet migrated to, will be where it’s at next
Saw this briefly with DAOsfun this winter — period of time where clearly the pro ruggers hadn’t arrived yet, and things were on easy mode
Could also be possible for existing launchers to fix their incentives, but not betting on that
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
IMO new coin launchers, that the ruggers have not yet migrated to, will be where it’s at next
Saw this briefly with DAOsfun this winter — period of time where clearly the pro ruggers hadn’t arrived yet, and things were on easy mode
Could also be possible for existing launchers to fix their incentives, but not betting on that
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Traditionally, “angel” investors were… angelic, while VCs were often reguarded as the villains — And typically this was roughly true
This cycle though, many reporting seeing this flipped
~50%+ of angels turning into super-destructive villains, the moment there was a temporary downturn, in ways VCs never would dare to do
— Many reports from across the startup world, those in startups saying they never saw anything like it before, perhaps due to the huge influx of first-time angels, who then try to teach each other what to do. Blind leading the blind, unlike usual with more experienced investors guiding the less experienced
Also some minority of angels who lived up to the “angel” name, and probably those are the ones that will survive
In any case, great we’re out of that bear market now
Jake is also right that today’s community-backed crypto projects have a HUGE retention problem
Have a solution for that community retention problem on the way…
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
This cycle though, many reporting seeing this flipped
~50%+ of angels turning into super-destructive villains, the moment there was a temporary downturn, in ways VCs never would dare to do
— Many reports from across the startup world, those in startups saying they never saw anything like it before, perhaps due to the huge influx of first-time angels, who then try to teach each other what to do. Blind leading the blind, unlike usual with more experienced investors guiding the less experienced
Also some minority of angels who lived up to the “angel” name, and probably those are the ones that will survive
In any case, great we’re out of that bear market now
Jake is also right that today’s community-backed crypto projects have a HUGE retention problem
Have a solution for that community retention problem on the way…
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Most toxic PVP investor cycle ever
In part because the real BTC surge didn’t happen yet
Soon to be better?
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
In part because the real BTC surge didn’t happen yet
Soon to be better?
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
DoomPosting
Bull market is back (Note- only recommend getting in early or never, for non-price reasons, never chasing skyrocketing prices) 🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Daily reminder to never chase skyrocketing prices
It’s a strategy that amateurs always insist on using,
but it’s a horrible strategy
IMO only get in early or never,
Always deciding based on non-price signals
Never buying chasing skyrocketing prices
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
It’s a strategy that amateurs always insist on using,
but it’s a horrible strategy
IMO only get in early or never,
Always deciding based on non-price signals
Never buying chasing skyrocketing prices
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
DoomPosting
Traditionally, “angel” investors were… angelic, while VCs were often reguarded as the villains — And typically this was roughly true This cycle though, many reporting seeing this flipped ~50%+ of angels turning into super-destructive villains, the moment…
Worst PVP cycle in crypto so far
— Despite previous cycles having bigger drawdowns of the top majors
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
— Despite previous cycles having bigger drawdowns of the top majors
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
“The African National Congress comms guy includes his nickname on official threats to fleeing South African refugees and it's STALIN”
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
Soon they’ll be building walls to keep people in who are trying to flee from their communism
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶
🄳🄾🄾🄼🄿🄾🅂🅃🄸🄽🄶