Got pitched Fireblocks this week. Hard to see the value. Pricing is already steep at the $1–5M AUC tiers, and it scales aggressively from there—so the idea that it gets “cheaper” with more assets doesn’t really hold up. They also impose outflow limits tied to AUC. A $1M AUC tier

It’s usually a good time to take profits when people start talking about their alts with time horizons longer than a year.

~50 flights in the past year. Travel is overrated. Massively.

Supply shocks are misunderstood in crypto. Every buyer has a seller, so inflows mean little if holders panic-sell at the first dip. True supply shocks come from a change in who holds the supply, not just from buying activity, as many assume.

Don’t mistake trading size for being smart money. If you’re trading on instinct instead of information, you’re just retail flow—regardless of your size or PnL.

Only Bitcoin (and arguably Ethereum) are true distributed networks. The rest are over-engineered centralized databases that exchanges agreed to share. The "borderless" narrative is just exchanges from different countries tapping to the same database.

You are right, Mr. Exchange Account Manager, we should be trading 10x more, I forgot to activate the "trade_10x_more" setting in our bots, let me enable it again.

So many confuse market variance with making a profit.

If you insist on becoming a trader, study outliers. The big moves, weird prints, the rare stuff. Most waste time trading their opinions during quiet markets, where randomness rules and edge is near zero.

The one thing that trading gurus get right is that you need to be patient, but not for the reasons they preach. Patience is necessary because good trades come from temporary dislocations in the market, and by definition, they don’t happen often.

I’m too ashamed to even look at it.

Scope based on indentation is easily one of the worst design choices in Python.

If you want to be consistent in your trading, you need to find an asset where you can reliably evaluate how mispriced it is and just bet on convergence. Speculating on movement and direction without knowing if the asset is fairly priced is a loser strategy.

Shorting an asset just because it’s gone up is as bad a strategy as longing one just because it hasn’t.

I don’t understand why payment for order flow became controversial. If you have alpha, you should be happy that a market maker is willing to take the other side of your trades at a loss, unless there’s some catch about your assumption of alpha that you haven’t picked up yet.

Honestly, asking grok questions by tagging it in replies is a great idea. It's too bad that it makes you look retarded.

S&P 500 up 1.13% in the past 24 hours. That’s a 6,000% annualized increase. The index only grows 8% per year. ETFs are on pace to deliver 750 years of returns, just this year.