
Undefined.
5.6K posts

Undefined.
@Lakshyaing
Audiophile | Coder | Lurker



Most people are terrified of doing anything where there isn’t a guaranteed outcome. Eg. 9-5 job —> you get a fixed guaranteed salary at the end of the month. We can also make this analogy with taking risks in crypto. A relevant Degenspartan quote: "Hey man, that's a lot of money, what happens if you are wrong and the trade goes down? ...I lose money? Life is all risk and then you die. Normies have this perverted deep sexual obsession to have no drawdowns EVER. They will massively overpay to clip tail risk". Even if you win by taking the safe route… are you really winning? You just get the expected result of a relatively low upside. You may lose less, but you often lose by default as a byproduct of never even giving yourself a chance to win the game.
























