
oh dang
556 posts





🧵 The Hidden Cost of Selling Bitcoin Case 1: You bought years ago and sold at 110K. -------------------------------------------------- On paper, you did great. Entry: 30K Exit: 110K Gain: 80K Tax (30%): 24K After-tax net: 86K You basically doubled your money after tax. Your accountant congratulates you. Your wife says, “Great job.” You feel smart. But here’s the psychological trap: You will never buy back at a higher price than you sold. Not at 125K. Not at 140K. Not at 170K. And definitely not at 200K. You keep waiting for “a better entry” that’s never coming. Your perfectly timed “win” becomes a permanent exit from the greatest trade of your lifetime.


The public and even the politicians in the USA are clearly sick of the deceit and lies around the Epstein files I expect them to be released soon-ish I expect a long list of powerful people It'll be glorious to see them nuked It'll shake up the markets I'm ready to buy that dump

Since the second half of last year, a lot of my friends(OGs in crypto) left crypto, as they started to doubt their original belief in crypto/blockchain/Web3 like do projects really create value to the world, what’s profit market fit, only speculations like meme/perp/prediction projects survive in this cycle, do web3 projects like infra/social really have values? Right now, it’s almost the toughest mode for startups, vcs, traders and users. Narrative play is not working, and hot topics shift every week. Organic liquidity is drained to lower and lower on cex and dex. Even without listing fees, few ppl want to buy new/old tokens. Market manipulators create pump and dump with leveraged perp to operate small cap or old coins every day. We can always say defi or trading is the only pmf for crypto/blockchain. But OGs and builders like @VitalikButerin @pmarca always paint a bigger vision of world computer/web3 to not replace but at least build a better internet or crypto eat the world. With llms like @OpenAI @claudeai, not just crypto but all industries are facing a 100-1000 to 1 problem: one experienced person can do 100-1000 ppl’s job with llm’s help. New tools and products are releasing too fast and will be faster for the next 1-2 years. Not just in crypto but in web2, tech and engineering start to become admin work(assigning tasks to llms to complete). No matter for vcs and startups, keep pivoting and shipping is the only way out, until can dominate the particular sector. Staying relevant is the easy to say but hard and have to achieve to survive in this new meta. My Ph.D. advisor always says persistence pays off. Hope we can win this uphill battle. To friends, to ogs, to builders, to dreamers, to crypto. Based on my chats for the past few months with @VitalikButerin @tkstanczak @hosseeb @sreeramkannan @tarunchitra @ASvanevik @StaniKulechov @Lomashuk @lukejdpearson @13yearoldvc @YeruiZhang @jocyiosg @artofkot @no89thkey @xingpt @broleon














