Dingo
128 posts


The human brain hates being wrong.
It hates it to such a degree, that it is willing to compromise your chances of success, just to avoid you being wrong
When you’re wrong (meaningfully wrong) you’ll often feel it viscerally, from the pit of your stomach through your arms, legs and across your chest. (Test it out).
And when you are wrong, you don’t just accept it, you’ll fight it, often in the face of overwhelming evidence.
Now this becomes a big problem for people involved in trading because their being wrong is shown in cold hard numbers (losses). Not an issue analysts have to contend l, when they’re wrong, they reframe it as a ‘revision’, but that’s not a luxury traders have.
Traders participate in an occupation where being wrong is part of everyday life. So this becomes a big problem if they hope to succeed. Because this aspect can control their behaviour.
Often it’s not the actual loss, but what it signifies ‘being wrong’, that is the biggest challenge. For many, it’s existential.
This is what you are fighting against in this job. This is your number one fight.
Its not just as simple as admitting your wrong, its far more complex.
You’ll subjugate your decision and compromise your process to avoid the danger of being wrong. You’ll put on trades that other people suggest, without any knowledge of the trade, because you’ll make the mistake of thinking they are right.
You’ll doubt yourself at the moment of placing a trade that fits your system, or was the the result of your analysis, because your brain at the moment of action will say ‘but what if you’re wrong’.
And when you are wrong, things will only get worse, you’ll beat yourself up, shut yourself down, reprimand yourself and remonstrate with yourself. Something you wouldn’t do to anyone else, but you’ll do to yourself. - Which just undermines you on your next set of trades.
This is the point of having the sort of Mantras I mentioned over the past couple of days. -Next 1000 Trades, and Love Your Losses.
The purpose of these is to remind yourself that no one decision, or action matters nearly as much your brain will lead you to believe, and that without ‘losses’ or acceptance of the random nature of trading where you’ll be wrong often, you’ll never have the wins or the success you desire.
English

@AMAZlNGNATURE Since I'm not a lion I can't tell who's hotter out of the 2 🤣
English

Sharing for a chance to win my own @Pizza_Pets Bitcoin Ordinal! The first on-chain Tamagotchi-style game 👇 pets.pizza
English

For whoever needs to hear this:
Learning technical stuff can be a real drag—sometimes, it's just boring, and other times, it's downright frustrating.
You'll have days when you're pumped up and can power through the tough parts and other days when you're ready to throw your computer out the window.
The superlearners are defined by how they handle those tough days when they feel like giving up.
On those days, you can brain-hack yourself by saying:
"I'm going to commit to doing [insert one small thing] today."
It has to be a tiny commitment so it doesn't feel overwhelming.
Some days, I do the bare minimum and call it a day.
But most of the time, once I start, I study for 2-3 hours and feel great.
On low-energy days, you might switch to watching or reading educational content instead of diving into hands-on work.
It’s still productive but takes less effort.
The key is to do something every day to keep moving forward in your career!
Remember that it's a marathon and not a sprint.
English

What are some more security tools I can use for Solana? I use @solanasniffer & @Rugcheckxyz already but would like to add as many as possible. Anything security related or other tools that would be useful would be nice!
English

@dachshundwizard Did you view the Japanese versions as valuable or even more valuable than American versions?
English

@bytes032 Always confused/angry at the fact that security is never considered/important for a project from the beginning because of money or whatever the reason. Then shit goes bad & they want someone/group to come in & review/fix the problems that could've been avoided from the beginning
English

There is insane value to be found in introducing a security expert in the early stages of your protocol development.
Initially, you might be thinking that this is a redundant cost. And from a logical standpoint, this might be right -- after all, why pay for security so early in the process?
However, the missing piece here is that having a subject matter expert from day one will ultimately save you money.
How?
Assume you have an audit and that higher than normal amounts of high/medium findings have been found.
Then you have a second audit, and the process repeats itself;
This becomes a vicious cycle, and you might run out of money quickly, as security is an expensive endeavor.
Now, assume you have an audit with just 1-2 Ms and a few Ls.
Then you get a second one and you're probably good to go.
Now, all of this depends on the fact that your in-house security expert is someone who can actually provide value to you.
But I have seen this pattern of overspending on security to the point of running out of money so many times because the team didn't approach the project with a security-first mindset...
So I thought I'd just chime in with my two cents.
Even though it feels as if I'm repeating the obvious. 🥶
English

Just got drained 500$ worth of $BONK
(he sent $sol to the wallet for fees and claimed the locked bonk himself)
Drainer's wallet : solscan.io/account/HJRUJB…
Apparently a lot of people are getting drained by this wallet aswell!


English

If you are a web3 auditor you'd definitely appreciate this group
We exclusively talk about the business and making money aspects of this space - lots of alpha has been shared in the group already.
Anybody is welcome to join. Rules in pinned message.
t.me/web3securitybu…

English

Today, 1 year after starting on @sherlockdefi , I hit senior Watson rank together with @thekmj_
I am convinced that working in a team is much more efficient then working alone.
Lets see what the future will bring!

English

Ladies and gents, I recently took on what was probably my greatest Web3 security challenge to date - A Solana Rust contest, without any prior knowledge on any one of those two.
And it looks like I did it again…
Thanks for the opportunity @code4rena!

English












