Funny story about FARTCOIN that @DipWheeler will appreciate
> at my brother's wedding > driving over to club > fam asks "so what is bitcoin?" > explain fiat vs equities vs btc vs altcoins > mention FARTCOIN > "good intraday volatility. made a few hundred % ROE scalping it over the past week"
family [who didn't know what bitcoin was just minutes prior]: "Fartcoin? Hey, everybody farts! We can market this"
Mandatory unit bias training for every man, woman and child until founders are bullied whenever a 2 billion dollar asset is preceded by four 0’s instead of “well ackhually 🤓👆”
- TOTAL within 1% of yday - USDT mcap hit new ATH @ 151B - BTC struggling to break above 105 despite: - - BTC/ES @ 18 - - BTC.D flirting with 64% after 7th consecutive green 1D
Not seeing the bullish BTC vision today. But also bag bias on my part to some degree cause I have that LCR challenge short open atm
Btw if you’re a crypto founder trying to build something “real” and still struggle with malaise over industry embracing dog shit:
1. There are a lot of good builders on CT working on real things that aren’t max-extract ponzis. Multiple friends and mutuals of mine included. You aren’t alone
2. Ground your goals in something real outside of number-go-up. Comfy life, family, etc. are all great things but not enough to motivate you to build something real. If making it for you means maxing out your ability to acquire stuff, this industry will chew you up and have you wishing you launched that launchpad/ponzi/whatever. Make sure your goal is worth pursuing; that keeps the malaise at bay.
3. If you’re larping as wanting to build something real (many people deceive themselves and just want to be rich) you’re gonna be really unhappy when InaShibuCumRocket ponzi does gorillions more than VerySeriousProjectTM.
Grateful I haven’t struggled with that particular dilemma in a long time, but I know it’s challenging for founders in this industry.
My trading system has been working well. Downside is it’s very precise with consistent risk management and requires a lot of analysis. Good until I can’t spend the time and my queue of orders are exhausted.
Would like to supplement with some left-curve, higher R:R, LTF strategies (which will probably get me liq’d) on dust accounts. It’s antithetical to everything that I’ve learned about trading but it’s also a mental block for me.
Loaded “4 dust spins” for this Assuming my first dust account gets liq’d tonight.
- TOTAL down ~160B from highs - BTC back @ 102 - USDT mcap @ 151B - BTC.D rejected 64% yesterday but 1D still green atm - BTC/ES retraced its Sunday pump and we're back to normal range - SOLBTC/ETHBTC bouncing off mean reversion range - DXY back @ 100 (comfy)