So, one time I got to chat with the head of this not-so-famous market-making firm. The only thing I really wanted to know, besides how it's even legal, was whether technical analysis actually works.
He said it would be naive to think that only traders know about it. Of course, market makers can create any pattern they want on the charts.
Yet, here you guys are, doing technical analysis on some low-market-cap shitter that's listed on Mexc. 🙃
Sure, but what they really mean is it's a lot for you, not for them.
It's the classic hypocrisy and superiority complex. They'll claim $3K is a big deal, then turn around and sell a tweet for $10K and lose it on some gamble.
They're not your friends; they say it for your likes and comments.
For most of us, $3K is a lot of money. But let's face it, in crypto, there are way bigger and easier gains than a $3K for a tweet-slavery.
Besides that, only the top 1000 in mindshare are getting 3k, which, spoiler alert, isn't your average CT user.
I see many of you, and unfortunately, I've been there too, feeling nostalgic for the old days and not wanting to move forward.
Every new trend, whether it's memecoins, Kaito, or whatever, you ignore, hoping things will be like they used to be.
Nope, dude, those times aren't coming back. No easy money from NFTs, no easy money from airdrops, no easy money from token sales.
But that's okay; easy money is where you don't see it. Or rather, you see it but don't want to get involved because you think you're "above it."
I remember when the NFT meta of 2020-2021 seemed too dumb for most OGs to get involved. For most DeFi folks, farming airdrops was beneath them. And then everyone ignored memecoins too.
The first time I saw @beast_ico, he had fewer followers than me, and I couldn't understand why people read his stuff and not mine. You can probably guess why now.
I'm like that old guy who thinks "things were better back in the day."
Once I recognized that in myself, I started trying new things.
I missed out on Virtuals Genesis Launches like most of you, but even so, I bought $VIRGEN at a 14M market cap after probably the 10th post from Beast. It's doubled now.
It's that easy. You don't even need to know much to learn from the best. Admitting that to yourself is the best thing you can do right now.