Kras1k.base.eth🥀🔵 🎩
@kras1k
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When’s the buyback, damn it? (I’m long on LDO, sorry). An additional factor is institutional money! The amount of minted stables is continuously growing, and I don’t believe that, given the current price action, it’s retail bringing their salaries to the casino. As I wrote in a previous post, institutions need time to deploy capital. Besides time, they need a reliable thesis (does the AAVE thesis sound reliable?—$134M in annual revenue, a market leader with the potential for exponential growth amid deregulation and the merging of DeFi and TradFi). Examples of real-yield projects: AAVE, CRV, AERO, RAY, JUP, KMNO, HYPE, etc.—just off the top of my head, I’ll do more research. 0 reply
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Thousands of new launches are tearing apart both attention and liquidity. But let’s recall Murad’s thesis: any crypto token is essentially a memecoin. Just a chip on the gaming table, with a brief bullish narrative on a carelessly slapped-on label. Historically, during times of crisis of faith, ideas, and expectations, people often return to traditional values. What are the traditional values in the market of speculative assets? The good old Price-to-Earnings (P/E) Ratio! In crypto terms: REAL YIELD. Projects that have real cash flow, pocket profits, and can/want to conduct buybacks of their own tokens. From the "can" perspective, the situation has significantly improved after the shift in rhetoric from the SEC and regulators in general. Fundations can act more boldly, right, LIDO? 0 reply
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Ignore people who revel in sharp declines, who are happy that everyone's suffering or losing money, who enjoy the whining, who cheer for low prices, or who are just toxic. Most likely, these aren't "smart money" or "whales," but pathological sociopaths or just messed-up individuals who project their complexes and vent their bile on others. In all my years in the market, I've never met people who behave like this and are actually successful—or even just benefit from such situations, as their words might suggest. Just avoid them.
Don't get upset with loved ones, or especially non-loved ones, who don't understand you or can't empathize with your situation. As far as you know, people outside of crypto simply don't have this kind of complex experience in their lives—they haven't been through it and don't understand how emotionally draining it can be. A loved one might sympathize but won't truly get it. A non-loved one won't care and might say something ridiculous, thinking you're just a trader or gambler. 0 reply
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If you don't know what to do, do nothing. When you don't know what to do, your decisions will be driven by emotions. Emotions are great, but with relationships, not with your portfolio. Right now, I'm not doing anything because, of course, I don't know what to do. If you think you know, go back to point 3.
Don't drown your sorrows in food or drink. It seems simple, but I know many are drinking right now (market's crashing—let's drink, or life's tough—let's drink). I used to comfort-eat sweets. In reality, the sooner you stop compensating for grief with short-term dopamine hits, the better you'll handle similar situations in the future.
If you don't have someone in your life to share your grief with (fellow crypto friends), just find a kind, non-toxic chat where people are going through the same thing. Read and vent—it's normal. It's easier together. 0 reply
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Don't try to compensate for losses in the moment. Given your current mental state and the state of the market, it's akin to gambling. Yes, you might get lucky once, but that's even worse—it reinforces bad behavior, and next time you'll lose even more.
Don't touch futures. If the thought of them only occurred to you now, then this is a specific case of point 1—your ideas are driven purely by psychological motives. The market won't spare you.
Don't catch falling knives or go against the trend. This is also a specific case of point 1, as well as the illusion that you understand when "the market will bounce back," "the market is wrong," "this is the bottom," etc. First, you don't understand the market—no one does. Second, the market can stay irrational longer than your wallet can stay solvent. In general, trading against the trend means arguing with the market, which is an unprofitable strategy. 0 reply
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