Wei Li (@lweili) 's Twitter Profile
Wei Li

@lweili

ID: 231832602

calendar_today29-12-2010 15:56:41

1,1K Tweet

210 Followers

985 Following

Ben Tossell (@bentossell) 's Twitter Profile Photo

No-code makes building a startup so easy. Your only worries now are: - getting customers - hiring talent (+firing) - managing a team - raising $/bootstrapping - competitors - doing support - listening to feedback - non-technical debt - plus your health, family and friends

Morgan Housel (@morganhousel) 's Twitter Profile Photo

The shock cycle: - Assume good news is permanent. - Oblivious to bad news. - Ignore bad news. - Deny bad news. - Panic at bad news. - Accept bad news. - Ignore good news. - Deny good news. - Accept good news. - Assume good news is permanent.

Steph Smith (@stephsmithio) 's Twitter Profile Photo

In 1994, Jeff Bezos famously spotted a stat that made him leave his high-paying PE job to start Amazon: 💡 The Internet was growing 2300% per year. What are the generation-defining stats of today? I'll post a few to kick things off...

6529 (@punk6529) 's Twitter Profile Photo

State of Tech Crypto: "2.5% transaction fees are outrageous. Let's launch 10 competitors this year to drive this to zero" Web2: "We think a 47.5% transaction fee on digital objects is pretty competitive to be honest" Government: "How can we protect consumers from crypto?"

Arthur Hayes (@cryptohayes) 's Twitter Profile Photo

The Doom Loop cometh and shall bring forth the dreaded Yield Curve Control. Beware of heretics preaching about the value of fiat currencies, for they speak the words of the devil. bit.ly/3rVFRz3

The Doom Loop cometh and shall bring forth the dreaded Yield Curve Control. Beware of heretics preaching about the value of fiat currencies, for they speak the words of the devil.

bit.ly/3rVFRz3
Edgy - The DeFi Edge 🗡️ (@thedefiedge) 's Twitter Profile Photo

The concept of bet sizing is something I learnt from poker. No one wins 100%. It all comes down to how much money you make when you're right and how much money you lose when you're wrong Taking profits and properly allocating your portfolio are critical for long-term success.

FatMan (@fatmanterra) 's Twitter Profile Photo

Repeat after me Do not judge financial investments on 'community' Do not judge financial investments on 'community' Do not judge financial investments on 'community' You are investing, not joining a Church Ask questions, and run the other way if people try to shut you up.

Wei Li (@lweili) 's Twitter Profile Photo

You don't have to worry about being right all the time if you have the conviction to let time play out, but you do have to put in the work for conviction, it does not come freely.

CRG (@macrocrg) 's Twitter Profile Photo

Everyone sucking CZ's balls but remember: he had a $22 OTC offer for his $FTT He declined & consciously chose to nuke the whole market instead

Nicola Duke (@nictrades) 's Twitter Profile Photo

SBF is the worst criminal in crypto Mt Gox were the victims or hackers/theft, 3AC Terra Luna were incompetant or wrong but trying But SBF Bankman Fraud just plain stole customer funds while pontificating to lawmakers

Mayne (@tradermayne) 's Twitter Profile Photo

Tough loss to swallow, I’m slowly coming to terms with it but it is not easy. I did a lot of things right in the last 12 months, managed greed, took profits offline. My mistake was trusting FTX with my trading balance, my biggest single loss ever by far. I feel demoralized.

Matt Hollerbach (@breakingthemark) 's Twitter Profile Photo

Two years ago SBF wrote a thread on bet size and Kelly betting. I questioned him on it. He engaged with me. Let’s take a look at this thread and SBF’s views on bet sizing in light of the events with FTX and Alameda this week.

Balaji (@balajis) 's Twitter Profile Photo

In short, the existing regulators have already failed on 1000X the scale. Trillions. Not billions. And no one was punished. Bankers bailed out. Nobels handed out. It was too big to fail. But not too big to exit. We now have a new system. Let’s remember why we left the old one.