1/ # Why CT is full of shit and why not copytrade

Why do I say don't copytrade? Because you don't know I hold stuff or what my plan is. You must have conviction in your own trades. In copytrading you might be following a plan that i'm not even doing myself.

2/ If you can't understand why someone would do this then you are underestimating how full of shit CT is.

Many of the portfolios of people on CT aren't real. They hold things they don't want to admit, and they pretend to hold things that they don't. Why would they do this?

3/ You first have to understand how much of CT operates. I'd recommend reading the threads of @zachxbt to get an idea of what goes on in CT (although that stuff is the tip of the iceberg).

4/ The majority of CT (by this im referring to accounts 10K+) that shill do so by a similar method. It mostly involves networking with other people on CT in 'influencer' TG channels. They find something low in mc, with liquidity, thats shillable to degens.

5/ They then buy as much as they can. Step 2. They contact other people with CT accounts, friends, get them all to quietly buy in. I myself was in many of these type of groups during 2020/21 and made a lot of money due to finding things early. Why go to these people first?

6/ Because they want these people to be in and shilling it also, and most of these will only do so if they also can buy in before the shilling starts.

7/ This goes on a while and finally they will begin tweeting about it, shilling it. This can go on weeks or month. At some point when another opportunity comes along, or they think the easy gains are gone, they sell.

8/ A lot of people often worry about being dumped on by CT. Most of the time you will never know. When these tokens are picked, its usually done on things with the liquidity to exit, usually with buys across multiple wallets. They want to quietly exit and will do so carefully.

9/ Why do that? Because if it crashes it harms their reputation to shill new something again.

BUT in many instances they won't tell you they've sold because if they do, you may be less interested in buying the next thing they shill if you think they are in it for just a pump

10/ Or they don't want the backlash from their community from shilling something on them, and then abandoning it. So they pretend its in their portfolio. I know of people on CT who have pretended to hold something for 1 year+

11/ Its sometimes useful for them to do this because it lets them continue to tap into the community of the project they were shilling, in order to shill something new.

12/ If you watch carefully you will see the signs of this because after they've sold they will only give it minimum effort of shilling such as perhaps some retweets occasionally or small references.

13/ When market crashes happen often CT will be happy with the opportunity it provides because it gives them an excuse to state publicly they have sold these 'pretend positions', with the excuse that going to stables is the sensible thing to do.

14/ Eventually when they've made enough money or scared to lose what theyve made, they'll give you a story about how 'crypto life' is making them sick, or effected their life outside and try to disappear. Why? Because they want an excuse to abandon you with the junk they shilled.

15/ This is why you should never copytrade. You need to have conviction in your own trade. See what others are holding, research it, see if its a good investment, and then make your own call.

16/ Even if it is their real portfolio, most of the 10K+ CT accounts are dumb. It may seem like they know what they are doing but they don't. Their success comes not because they have some knowledge you don't or they can 'find gems'.

17/ Their success comes because they can buy something, then shill it to their followers and THEIR FOLLOWERS MAKE IT A SUCCESS BY BUYING and causing the price to go up.

18/ Their skills are usually that they are in a network, that they know how to bullshit and they often have some skill at marketing. Their understanding of tech/software is in 99% of cases is not just minimal but deeply flawed. This is the reason they buy so much DeFi junk.

19/ It isn't just that those are shillable, its also that they don't understand that it is junk (and in most cases don't care if they did).

20/ CT is a cesspool of marketing/BS'in scumbags that think that all the gains they've made are because they have some skill at 'finding gems'. Its important to understand they have those accounts because of marketing not knowing something you don't.

21/ What about the people who do understand crypto well?, most of them don't have large CT accounts. They maybe have just a few thousand followers and rarely tweet and many don't have good skills at shilling. They instead just focus on making money.

22/ You can use these large CT accounts to make money but you have to be careful. Read the shill, try to understand the play within it, see if you are early, but NEVER believe it. Whenever you read anything on CT, ask yourself 'Why would a salesman say this?'.

23/ If you see me saying how the market is going to be great, what does that tell you? It tells you i'm holding, I want you to hold, and that I want the market to go up.

24/ If you see someone saying 'I'm worried about this market', 'Hate to say it but I think we are going to 25K' or any concern, you know that person has sold and wants it to go down. If they hadn't they wouldn't be saying it. Treat everyone like a salesman pitching you.

25/ If you see someone on CT saying 'X is going to be big'. Don't believe X is going to be big. Read it and understand that 'This person is SAYING X is going to be big'.

26/ Your task is to then look at these claims, see what truth is in them (it doesn't have to be true but check anyway, less risk if it is), but crucially the question to ask is 'Will others BELIEVE X is going to be big and buy into this shill?'.

27/ Do not believe a word of CT. Read it, analyze it and make up your own opinion. It's not here to help you. Its here to shill you.

28/ You think I write all this content because I'm helping you? I'm shilling my approach and ethos to crypto. The more people trade in my style of low risk, high reward, focusing on adopted infrastructure and not buying junk, then the more money I make.

29/ Do not copytrade. Make your own decisions and take responsibility for your own trades. That way, if the market does crash you will be far more confident in holding and have less stress because you'll know why you bought it