elbarto
1.2K posts

elbarto
@elbarto_eth
NFT degen #CloneX
London, England Katılım Ekim 2020
991 Takip Edilen856 Takipçiler

Very unpopular opinion within Europe, but:
Donald Trump was >80% right today in Davos.
The U.S. 🇺🇸
- spent enormous resources to free Europe from the Nazis and Soviets
- could have taken half of Europe if they wanted to in 1945
- instead they freed us and protected us for more than 80 years.
Since then
- they send 3/4 of effective NATO resources and
- protected democracy on every corner of the world simultaneously, while
- Europe didn’t brought any net benefit in Gaza, Syria, Venezuela, Iran, Southkorea, Taiwan etc.
And while mooching the U.S. off militarily, the EU placed higher tariffs on the U.S. than the U.S. did on Europe.
Switzerland 🇨🇭, Ireland 🇮🇪 and the UK 🇬🇧 live from revenues that were created by U.S. firms.
France 🇫🇷 does defacto everything to protect its market from American goods and services entering, even prohibiting the use of the English language on radio.
The U.S. is very strong and they invested massively in the European deterrence. The EU really wasn’t a good ally though.
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Working on additional social features:
• Discussion threads
• Show ratings and reviews
• User profiles
• Anime recommendations
What would you like to see on Anime.com?
Zagabond@Zagabond
1.6k+ concurrent viewers just tuned in on Anime.com! It feels like 8 years of work has led to this moment. From launching 0x in 2017 to starting Azuki in 2021, I’ve always believed in what communities can build together. Tonight, that vision took its next step. 🧵
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@MetaPrime001 @elonmusk LLMs might not be at the same level as an experienced software engineer, but it can at least filter out all basic and intermediate scripts at scale
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@elbarto_eth @elonmusk I really would not trust an LLM to correctly identify good coders from bad
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If you’re a hardcore software engineer and want to build the everything app, please join us by sending your best work to code@x.com.
We don’t care where you went to school or even whether you went to school or what “big name” company you worked at.
Just show us your code.
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@MetaPrime001 @elonmusk Welcome to the age of GenAI. I am pretty sure the email inbox has an AI agent reading all the scripts and scoring each submission
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If I was an X recruiter or engineer and I saw Elon post this online I would lose my shit
This is the epitome of a clueless boss idea
Sounds really cool, but is completely oblivious to how tedious, ineffective, and time consuming this will be to implement
How is your talent acquisition team going to go through a mountain of code submissions? Even most senior technical recruiters don't read code at a high enough level to assess it. They're going to have to pull in a ton of engineers to assess this code. Which means they're going to be burning a bunch of time that could otherwise be spending on development
Most importantly, you are skipping the very important and necessary step of disqualifying non-fits as early as possible. What if you need the role to be in office and this candidate is not willing to move? What if the role you offer isn't really what the candidate wants to do? Questions like this need to be asked up front before your team wastes a ton of time looking at their code and potentially bringing them in for interviews
There is a reason the best practice for job applications is to clearly define the role for the candidates and require a resume, a portfolio of work, a cover letter, and a few short questions. A good job post should disqualify way more than it lets through. The earlier you can identify the candidates you aren't going to hire, ideally letting them identify themselves, the less of your own team's time you're going to waste
This approached is a horrible waste of everyone's time, including candidates, but especially the X team
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elbarto retweetledi

It’s my 3-year DeFi anniversary.
Here are 31 pieces of wisdom I wish I could send back in time to myself:
1. Taking profits and putting them into riskier bets isn’t taking profits - that’s just gambling. Lock your profits into BTC, ETH, stablecoins, and fiat.
2. Projects with cults can be extremely profitable. Just get off the rocket ship before it inevitably crashes.
3. Locking tokens for additional yield isn’t worth it. Nothing worse than being tied down to a sinking sink.
4. Protect your attention at all costs. You already have limited time and energy, don’t waste it keeping up with the latest Crypto drama.
5. Be careful overoptimizing yields - there’s no such thing as a free lunch. You stake the coin, earn yield, and then auto-compound those yields. Every additional yield comes with more risks.
6. Be skeptical of every piece of advice you see on CT - everyone has an agenda. Are they shilling a project to pump their bags? Are they spreading misinformation to game the Twitter algorithm?
7. When there’s a new narrative, be biased towards the market leaders. They have the 1st mover advantage and mindshare. The best beta plays are the forks on hot, new chains.
8. Being obsessed with the latest tools is a form of procrastination. You don’t need to use 50+ tools to make it. The biggest guys are simply using Etherscan, Debank, DeFiLlama, etc.
“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” - Bruce Lee
9. There’s an information food chain. Builders > VC / Insiders > Whales > bots > manual traders who receive news early (<1 min) > manual traders who receive news late (> 1 min). By the time everyone’s shilling it on Twitter, it’s too late.
10. Alpha boils down to 2 things: having access to inside information or being able to do the hard work that others are too lazy for. People underestimate how far you can go by simply keeping up with a protocol’s medium articles and their discord.
11. Everything repeats itself, just repackaged slightly differently. Improving at DeFi is all about pattern recognition. For example, if certain influencers start discussing projects, they’re trying to attract exit liquidity.
12. Position yourself early and let the gains come to you. Anytime you feel FOMO is a sign that you might be too late.
13. Viewing your gains and losses as portfolio % rather than $ will help keep you rational. It’s hard to remain clear-minded if you equate your trades with IRL purchases.
14. Cut your losers aggressively. Set a stop loss and know when to exit a trade before investing. Don’t let small losers turn into big ones because of the sunk cost fallacy or emotional bias.
15. Record everything. Write down what happened daily in Crypto, your trades, mistakes, and lessons. This is how you improve your mental algorithm.
16. Don’t overrate fundamentals in a bull market. All logic disappears, and people buy based on hype, emotion, and speculation. See the industry as it is, not how you think it should be.
17. Incentives can drive prices. People buy when there are expectations of future profits. This can be affected through airdrop speculation, locking tokens for additional rewards, ecosystem incentives, etc.
18. Don’t put anyone on a pedestal. All the “smartest guys in the room” like Alameda and 3AC got rekt’ed. No one’s too big to fail.
Protect your funds when there are insolvency rumors. If you’re right, you saved a ton of money. If you’re wrong, you were inconvenienced for a few minutes.
19. It’s not about being right or wrong. No one bats 100%. It’s about maximizing the upside when you’re right and limiting your losses when you’re wrong.
20. Narrowing your focus is an underrated edge. No one can keep up with the entire space. Pick a few sectors and stay on top of them.
21. Keeping up with Macro is overrated. Just monitor capital flowing into the markets to see when we’re back. Your time is far better spent elsewhere.
“The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.” - Nassim Nicholas Taleb
22. Don’t touch crypto if you’re on tilt, drunk, or sleep-deprived. A single mistake can erase years of hard work.
23. Stablecoins aren’t as stable as you think. UST collapsed, and USDC had the de-peg scare. Storing your dry powder as fiat in a TradFi bank is entirely viable.
24. Concentrate your portfolio if you want to grow it - Diversify if you want to keep it.
25. Develop systems - these rules and frameworks will prevent emotions from killing your games. These can include how you take profits and when to invest.
26. Thinking you can 100x your portfolio through trading is unrealistic. It’s not 2016 anymore. 99% of people are better off trying to find ways to increase their cash flow and putting more goals in the fire.
27. The crowd prefers new projects and narratives - not your 2021 bags. Don’t fight human nature.
28. Be skeptical of every piece of advice you see on CT - everyone has an agenda. Are they shilling a project to pump their bags? Are they spreading misinformation to game the Twitter algorithm?
Look out for yourself.
29. Stop limiting yourself to Crypto content. You’ll learn much more from studying game theory, behavioral economics, and psychology than reading the 9th article on EigenLayer.
30. The best projects have elements of both fundamentals and pumpmentals. Pumpmentals capture the attention, while fundamentals give people a reason to keep holding.
31. The unknowns, unknowns are deadly. The founder gambles with the treasury, or the anon founder has a shady past. You can't predict them. This is where profit-taking, bet sizing, and portfolio management are your most critical defenses.
There are plenty more lessons to share, but we’re reaching everyone’s attention span limit.
Remember, there are exceptions to every rule. These are some of the principles I’ve learned, and some of them may change as I learn more.
The markets are choppy. It’s easy to feel down about DeFi, considering all the disasters in the past two years.
I still have the highest conviction in DeFi - I’ve staked the next decade of my life on it. Why? I see its potential. Efficiency. Transparency. It enables a new world where we have more control over our hard-earned money.
If you’ve learned something from this, then:
1. Repost and engage with this tweet if you think it’ll benefit your audience.
2. Make sure you bookmark this thread so you can re-visit it later during the bull run.

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elbarto retweetledi
elbarto retweetledi

@CoinbaseExch any update about when users from the UK can start trading USDC pairs?
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@benitopagotto @KamileonX The problem is that most of the holders are for the quick money.
Most of the NFT projects should have started first with the vision and then with the incentive.
It's difficult to change that perception after all the incentives given during the bull market.
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