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1/ # Introduction
Before reading these threads forget everything you think you know about crypto.
If you're new to crypto, you need to understand something. You're probably going to come out of this losing money. You're a sheep, lured to the wolves by greed/delusion/shilling.
Before reading these threads forget everything you think you know about crypto.
If you're new to crypto, you need to understand something. You're probably going to come out of this losing money. You're a sheep, lured to the wolves by greed/delusion/shilling.
2/ The alt game you are entering is mostly a big ponzi scheme with players who've years of experience at playing it. You will probably not make it. Crypto is a game where the minority 'make it' at the expense of the many. You need to learn quickly.
3/ If you've been in crypto a while and youre currently up. Chances are you are going to lose the majority of that.
By understanding what is in these threads your chances of avoiding these outcomes are reduced.
A lot of this rant you probably won't like.
By understanding what is in these threads your chances of avoiding these outcomes are reduced.
A lot of this rant you probably won't like.
4/ You might consider it negative.
It is the reality of crypto. If you don't like it and want to bury your head in the sand and pretend that "everyones gonna make it" or that 'If I just stick with the best tech and HODL i'll make it', this isn't for you.
It is the reality of crypto. If you don't like it and want to bury your head in the sand and pretend that "everyones gonna make it" or that 'If I just stick with the best tech and HODL i'll make it', this isn't for you.
5/ If however you want to understand the reality of crypto and this "game" in order to maximise your chances of not getting ruined ( and perhaps make some money ) then read and understand it.
6/ What you will read in these threads the majority of crypto and the industry doesn't want you to know. From projects to exchanges to influencers, they make easy money because of people not understanding the contents of this thread.
7/ Most of the content in these threads is about getting your understanding/mindset/approach to crypto correct. Without that you are going to see everything the wrong way and not make the most appropriate moves for getting gains.
8/ It may take an hour to read but if you can understand it, it will save you a lot of time, regret, and missed opportunities.
An important thing to note before reading this. I am talking about alts and specifically utility tokens.
An important thing to note before reading this. I am talking about alts and specifically utility tokens.
9/ Not Bitcoin or its future as a store of value/currency.
I'd recommend reading this twice because much of it is interconnected. Much of it will be repetitive and was written as a series of rants. Its broken down into 4 sections each containing threads.
I'd recommend reading this twice because much of it is interconnected. Much of it will be repetitive and was written as a series of rants. Its broken down into 4 sections each containing threads.
10/ Wheres its repetitive its because i'm attempting to get a point across from different angles.
