Simitej🔵 pfp
Simitej🔵
@simitej
Believe in crypto easy money was already made between 2014 and now Now you can find similar risk:reward opportunities in other markets than in crypto And all the games that made crypto are being eaten by players who know what they are doing Private <> public arbitrage is well known and closes fast, retail more and more reluctant to play ball So they jumped into the "trenches" which in turn got botted, cabaled, rugged and MEVed to death
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Simitej🔵 pfp
Simitej🔵
@simitej
Infra VC over-investment led to huge token supply overhang that will take years to unravel Real products are few and far between and require an actual forward thinking deep diligence if you want to discover them sooner than the market Any new meta is being exploited faster than before as everyone figured out they need to be frontrunning the other narrative frontrunners In the long run the market is sufficiently efficient in taking money from those who want to get rich fast and giving it to those who have systems and tools to exploit them Occasionally someone hits a jackpot with something random and make noise on twitter fueling the get rich quick dream but ultimately it won't be that much easier than hitting it doing some wall street bets type shit Crypto will still attract people with small notional with occasional airdrops and enabling the niche weird long tails, so it still pays off to pay attention
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