State of the AIs and HBD beliefs

Ask them if most anything is more due to nature or nurture,

— and they’ll strongly insist it’s all nurture, even if that contradicts what they just said in the same paragraph

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Some saying “but does this mean that big influencers are more valuable than regular people”

And the answer to that is yes, objectively

Some other types are valuable too, like great builders and similar, though those are 1-in-10,000 people or fewer

Influencers, great builders, the rich who invest big

— coincidentally the same major types valuable to startups

Some people objectively much more valuable to a cause than others

Ofc

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Apple with the common sense

(Ok yes Microsoft did this in the 90s too)

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For some reason, academics often say that because people say something, that must be what they really think

Academics almost never willing to say that people are just “lying”

Majority of loud people online are simply lying

Dishonest majority

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Trading fiat for crypto

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GM

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LMAO

Perps are evil

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iT’s ThE cAbAl!!

No, it’s the NASDAQ, dumbass

It’s the short-term macro movements of the you’re betting on,

while almost entirely ignoring the macro because you don’t even realize that’s what you’re really betting on

On top of that, you’re betting against volatility, in an asymmetric bet where the house nearly always is happy to take the other side (no third-party counterparty traders even needed!), because the returns profile for their side is so much better

And then the house uses that money to lure in more money, into perps black hole, and the cycle continues

It’s not the cabal, you’re just retarded

Perps are evil

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Perps are evil

i.e. technical analysis trading of assets for which there is HUGE trading competition, is evil

Much worse returns profile, by every metric, than most anything else out there, including even casino gambling

Choose well & HODL, at least until qualified exit event, is the way

— And choosing well actually is empirically possible for the latter, using classic proven checklists that long predate crypto

Buy when low trading competition, sell when high trading competition

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Competition is for losers

When you day trade perps on the majors, you’re trading against many thousands, if not millions of other traders — since really you’re trying to predict the NASDAQ

Why compete with millions of people, when you could be competing with as few people as possible — by hunting for good opportunities in places very few are even looking at yet?

Why do you day trade the majors that everyone else is looking at?

Reason is largely because you feel it’s “safer”,

but it’s not, that’s an illusion, a lie, day trading the majors is not “safer” at all

Competition is for losers

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