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Peace is a lie, there is only Passion. Through passion, I gain Strength. Through strength, I gain Power. Through power, I gain Victory. Through victory, my chains are broken.
Hubris: You follow or are trying to learn from Sharks from finance 1.0 thinking they apply here in finance 2.0. Like a Sith Lord who draws his strength from a potent concentrated dark side essence and does not lose his way in the dark side, Have a strategy and invest in coins you believe in and have thoroughly researched and don’t spread yourself thin mitigating risk if your a maximalist be proud and sure of your way. You get your revenge on the 1% by not participating in their system and choosing an alternative even if it means you will suffer inconvenience.
FOMO: is the Fear of Losing Out. Thomas the Tank Engine has left the building and your dumb ass is trying to jump on a moving train 50 km/hr. That ship has sailed there will be other opportunities don’t get Rekted when the candles are getting higher and you think you’re going to turn a profit when you jumped on the hype train way too late.
Variable Profits: your chosen coin is 2x, 3x, 5x, 10x and just like when you were too eager to make your purchase when you decided on a course of action so too do you not have the patience to study the market charts and wait hours, days, weeks and months to get as close as you can to the top. You don’t cut the fat of the meat and take your profits but sell your entire position for that oozing fat of BTC or ETH.
Tribalistic Virtue Signaling: It doesn’t matter what your coin is if it’s not an informed purchase of coins then I consider it a shit coin. Why you get mad bro it’s only a game? Decentralized finance is more in line with the Jedi code: there is no chaos only harmony. Dog eat dog should not apply unless a Rug Pull, Social Engineering, Pump and dump, Blinding following your Leader or business as usual with the wolves of crypto. At some point your ideals will clash with your greed and/or fear and you will reveal yourself by the choices you make in this sphere.
OGs vs Youngbloods
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There is wealth of information in the cryptocurrency sphere and as such there are varying levels of comprehension, a hierarchy of Goku power levels.
Younglings: understands the basic principles of BTC and acknowledges Top 100 ranked coins.
Padwan: Expands his/her knowledge into understand the Ethereum platform, gas fees in Qwei, METAMASK and all other alt coins, participates in DeFI, acknowledges any coin in the Top 500 rank.
Jedi Knight: understand cryptography on a programmer level, reads whitepapers, does not follow but allows the force to read the market indicators, knows the dark side of shilling but dabbles in it none the less.
Jedi Master: Satoshi Nakamoto, Vitalik Buterin, Gavin Wood, Chico Crypto, Finematics
Cognitive Dissonance in the Simulation: the obsession of learning and in engaging in cryptocurrencies over takes you. You are your coin decisions; it is now one of the many titles you attach to your character. Everything is measured in Bitcoin as Freeman says for simplicity 1= $10,000 0.1 = $1000 0.01 = $100 0.001 = $10 0.0001 = $1. Your engagement is border lining unhealthy and your staring at too many screens in a day. Everything in moderation; take a break and eat some real Sushi, Pancakes, Cakes and Clubs (okay maybe not lions). Unplug from the matrix and get some exercise money isn’t everything or at the very least shouldn’t be.
HODL: Just hold. Till when? The Stock to flow model, the Wyckoff Distribution, the Halving, the Death Cross, Deflationary assest, we are in the early adoption phase. We can’t all go to the moon together, the network would get congested the fees would get ridiculous. If DeFi has taught us anything it’s that this experiment is not concrete and there are sharks and whales just waiting for gullible guppies that don’t know what’s going on. Stay ahead of the curve and don’t follow the herd.
