Pennywise🔺⛓

They told you your dicks were 1” They told you they rather get pissed on than hold AVAX They told you $AVAX is dead, irrelevant They insulted you, tried to embarrass you You knew better, now they are holding their toes. You are holding the future of finance.

leaders: $SOL $LINK $RUNE $KUJI $TAO 2nd rotation leaders: $TIA $MATIC $AVAX $ILV $PRIME stuff I want to buy: $dYdX $xxx $xxx haven't moved yet: $NEAR $dYdX maybe ordinals? off top of my head this seems about right, what is everyone else looking at

How to cope with SOL going up (as an ETH maxi) (a letter from a former BTC maxi) It happens every cycle. The old guard has it all figured out. Their bags are packed and ready to go. The bull is at the gates. The new kids are finally here. SO WHY AREN’T THEY BUYING OUR COINS? Sorry, ETH podcasters. You’re the new laser-eyes. You’re the maxis now! You got cocky, you took your eyes off the ball, you got old, slow, too pretentious, too preachy, you promised scale and shards but no one cares about your empty promises anymore. It’s over. Or is it? No. It’s not. ETH can recover but you will have to EARN IT. Here are some hard-earned lessons for you, from a bitcoin boomer who’s been in your position before: Step 1: admit that you have a problem. It is tempting to think that the market owes you something here. You were early to ETH! You took the risk! When they all laughed at you! You built this town! And you waited, oh, how much you waited. You deserve this. Alas, things are not going according to plan. When you look at it straight in the eyes, you can see it. But sometimes you look away. Don’t look away. The chain is still slow and expensive. No one uses the rollups unless someone pays them to. The defi apps are largely dead. Staking has been a losing strategy so far (was better to hold stablecoins). EVM is dominant but new devs aren’t showing up. YOU HAVE A PROBLEM. Ethereum used to have a culture of recognizing issues and reacting to them, but without that culture ethereum is fucked, so DON’T LOOK AWAY. Step 2: news flash - everyone else is not just like you It is easy to assume that the marginal new crypto user will be a carbon copy of yourself. They will not. They are not. Their values, motivations, dreams.. they will be different than yours. If they were just like you, they might’ve joined crypto when you did! But they didn’t, because what got you started with crypto didn’t appeal to them. That doesn’t make them stupid, or evil, or unworthy. But it does mean that if you want them to start caring about the things you care about, you’ve got some work to do. Step 3: stop being a maxi Don’t tie your identity to your bags. This is important for 3 reasons. The first reason is obvious: it’ll make you miss out on easy gains. The second reason is that whenever someone else wins, you’ll feel like you lost. You don’t want that. That’s not a good place to be in. The third reason, maybe the most important one if you wish to evangelize for ETH, is that if you tie your identity to your bags, people will assume you’re biased and dismiss your opinion. Simply don’t do that. It’s not effective. Meet people where they are. Accept that they will ride other coins. When they win, cheer for them, and try to show them the benefits of allocating some of their Ws to ETH. This brings us to the next step. Step 4: hone in on what you’re good at You’ve been told that Ethereum will be the only chain that matters. That the entire internet will run on it. That it will become the infrastructure of everything. Quite simply, friend, you were lied to. This did not, will not, and cannot, ever, happen. Just like everything else, ethereum is good for some things, but isn’t a fit for some other things. Building in layers, also, is good for some things, yet isn’t a fit for others. You will need to accept it. And not just for your own well being, but also because you’ll need to find what ethereum is actually good for. Ethereum will not become the end-all be-all of the entire set of imaginable usecases. It will not be a jack of all trades. It can’t. In this cycle, the ETH maxis will have to find 1 or 2 ideal and focus on those. I can’t tell you what they are, but you’d better find them. Your pitch should be “yes, solana is great, but when you need X, come to ethereum.” YOU NEED TO FIND X Step 5: go all-in Once you found your usecase X, the one that ethereum is best for, double down on it. This is where being an ETH (ex-)maxi for years actually pays off. You have the domain knowledge, you have the technical chops, you have the capital and social capital, so seize the moment and the opportunity and go deliver X to the world. On ETH. P.S. if you got this far, thank you for reading. Hopefully, it should clear to you by now, that this is also a letter for bitcoin maxis 🧡