4909
Zeneca
@zen #4909
Writing weekly long-form posts here: zeneca33.substack.com
12414 Follower 382 Following
Be so good they can’t ignore you.
I love this quote.
It’s the realest answer to anyone’s questions about “how do I mint out a collection? How do I find collectors for my art? How do I get a lot of followers? How do I get users for my app? How do I succeed at anything?
Work harder. Work smarter. Learn more. Upskill. Network more. Increase the surface area of your luck.
Be so good they can’t ignore you.
I love this quote.
It’s the realest answer to anyone’s questions about “how do I mint out a collection? How do I find collectors for my art? How do I get a lot of followers? How do I get users for my app? How do I succeed at anything?
Work harder. Work smarter. Learn more. Upskill. Network more. Increase the surface area of your luck.
Be so good they can’t ignore you.
If you’re in a state of anxiety, fear, panic, etc because of the markets — step away from your computer and go do something active. Lift weights or go for a walk or anything that gets you moving and away from the charts.
You won’t make good decisions in that state, and you want to clear your mind. When you have a clearer mind, go through and evaluate all your holdings.
List them all out and start ranking them by level of conviction, from highest to lowest.
Then ask yourself the question: “if my portfolio was liquidated to stables today, would I rebuy all of these tokens?”
If there is anything you say “no” to, you should probably sell it now — even if it’s down 90% from its ATH (remember, just cause something is down 90% doesn’t meant it can’t go down another 90%)
This is especially true if you answer “no” to anything with low conviction
I find this exercise helpful regardless of the market conditions, but I find it especially helpful during periods of peak mania and peak fear
You won’t make good decisions in that state, and you want to clear your mind. When you have a clearer mind, go through and evaluate all your holdings.
List them all out and start ranking them by level of conviction, from highest to lowest.
Then ask yourself the question: “if my portfolio was liquidated to stables today, would I rebuy all of these tokens?”
If there is anything you say “no” to, you should probably sell it now — even if it’s down 90% from its ATH (remember, just cause something is down 90% doesn’t meant it can’t go down another 90%)
This is especially true if you answer “no” to anything with low conviction
I find this exercise helpful regardless of the market conditions, but I find it especially helpful during periods of peak mania and peak fear
I’ve done better this cycle than last, and my crypto portfolio is still down 70% from where it was 2-3 months ago
I could be wallowing in self pity about that but it’s useless, you can’t change the past
One of the best “hacks” I’ve found for feeling better in times like these is to always discount your portfolio “all time high” number
You all probably know exactly what it is - when number was going up every day and you were refreshing your portfolio or updating your spreadsheet all the time… there was an all time high number
You’ll NEVER get out with that number, and almost never anywhere even close to it.
Honestly, if you get out with even 50% of your ATH you’re doing better than most.
When you accept that, it makes it a bit easier to stomach when you’re down bad
I could be wallowing in self pity about that but it’s useless, you can’t change the past
One of the best “hacks” I’ve found for feeling better in times like these is to always discount your portfolio “all time high” number
You all probably know exactly what it is - when number was going up every day and you were refreshing your portfolio or updating your spreadsheet all the time… there was an all time high number
You’ll NEVER get out with that number, and almost never anywhere even close to it.
Honestly, if you get out with even 50% of your ATH you’re doing better than most.
When you accept that, it makes it a bit easier to stomach when you’re down bad
My chart making skills are something else huh
If you're feeling anxious / stressed / depressed / fearful by the markets... you're not alone
Pretty sure the majority of people are feeling some degree of it atm, so don't be too hard on yourself
I think it's generally a sign of being overexposed when the market can cause you significant stress (certainly if you're at the point of losing sleep, then you went too hard)
You can't change the past but you can learn from it and try to avoid making the same mistakes going forward.. and that's all any of us can hope for
One tip I can't recommend enough: keep a journal.
It costs nothing, and is the single best way you will improve as a trader / investor. It has the added benefit of mollifying your emotions most of the time too :)
Pretty sure the majority of people are feeling some degree of it atm, so don't be too hard on yourself
I think it's generally a sign of being overexposed when the market can cause you significant stress (certainly if you're at the point of losing sleep, then you went too hard)
You can't change the past but you can learn from it and try to avoid making the same mistakes going forward.. and that's all any of us can hope for
One tip I can't recommend enough: keep a journal.
It costs nothing, and is the single best way you will improve as a trader / investor. It has the added benefit of mollifying your emotions most of the time too :)
Everyone is so hell bent on trying to get rich quick by trading, but the honest to god truth is almost everyone would do better if they worked a job and just DCA’d into Bitcoin (and maybe like ETH and SOL)
My goals for March have been
1/ Write for 30 minutes every day
2/ Exercise for 30 minutes every day
So far so good, and it's clocking up to be my most productive month in a long time. Go figure.
1/ Write for 30 minutes every day
2/ Exercise for 30 minutes every day
So far so good, and it's clocking up to be my most productive month in a long time. Go figure.
I round tripped 8 figures last cycle. A few things I learned:
- It’s almost always better to sell too early and miss out on gains, then to hold too long and round trip the bag. This is because eventually, almost everything trends to zero, so even your “early sell” is likely going to make you look like a genius in a few months/years
- If you ever take a PnL screenshot of how much you’re up, sell. You don’t have to sell your entire position, but it’s usually an excellent time to at least trim 20-50% of it.
- Most people on this app have absolutely no idea what they’re talking about. Often the loudest and most confident voices know the least, while the quiet and self questioning ones are full of wisdom.
- You can’t borrow conviction. If you buy something because someone else did or told you it was “a hidden gem”, you’re almost guaranteed to fumble the bag. They’ll dump on your head while you’re still anxiously waiting for their next tweet or YouTube video to tell you what to do.
- It’s almost always better to sell too early and miss out on gains, then to hold too long and round trip the bag. This is because eventually, almost everything trends to zero, so even your “early sell” is likely going to make you look like a genius in a few months/years
- If you ever take a PnL screenshot of how much you’re up, sell. You don’t have to sell your entire position, but it’s usually an excellent time to at least trim 20-50% of it.
- Most people on this app have absolutely no idea what they’re talking about. Often the loudest and most confident voices know the least, while the quiet and self questioning ones are full of wisdom.
- You can’t borrow conviction. If you buy something because someone else did or told you it was “a hidden gem”, you’re almost guaranteed to fumble the bag. They’ll dump on your head while you’re still anxiously waiting for their next tweet or YouTube video to tell you what to do.
Want to feel some nostalgia / depression?
Throwback to a Daily NFT Floor Price Update I did on Nov 30, 2021
Some highlights:
- Punks at $363,433
- Apes at $213,303
- Cyberkongz Genesis at $367,612
- PUNKS Comic at $35,565
- Cool Cats at $34,187
- Gutter Cat Gang at $16,423
and...
- Pudgy Penguins at $4,845
I think on the entire list (including the much longer version not shown in the screenshot), they're the only project trading at a higher price today than back then
Throwback to a Daily NFT Floor Price Update I did on Nov 30, 2021
Some highlights:
- Punks at $363,433
- Apes at $213,303
- Cyberkongz Genesis at $367,612
- PUNKS Comic at $35,565
- Cool Cats at $34,187
- Gutter Cat Gang at $16,423
and...
- Pudgy Penguins at $4,845
I think on the entire list (including the much longer version not shown in the screenshot), they're the only project trading at a higher price today than back then
Have seen this, can confirm it’s v cool and useful - recommend anyone building things to reach out to betty
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Saw this the other day, hellofa wake up call
Think the math is optimistic, but still, I spend way more than 3hrs a day on my phone / behind a screen
Think the math is optimistic, but still, I spend way more than 3hrs a day on my phone / behind a screen
I think I unlocked a new nerd level tonight by procuring a physical (usage) dictionary in the year 2025
Okay i'm back and this time going to make a concerted effort to post here more. There's no big coin blowing up, no view to making money, just want another cool place to hang with good vibes -- my twitter experience continues to get worse
Still can't leave there but will try balance both again
Who are your favourite follows here? Looking to follow some more interesting peeps
Still can't leave there but will try balance both again
Who are your favourite follows here? Looking to follow some more interesting peeps
bit delayed seeing this but better late than never, thanks for having me on the shows! was definitely an interesting conversation and an absolute blast to chat with you both :)
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For anyone who hasn't seen it, and isn't yet bullish on Base (probably not many people here), I wrote my thesis on why Base Szn is coming and is my biggest bet this cycle here: https://zeneca33.substack.com/p/base-season-my-thesis
gm farcasterians
just wanted to share some thoughts from a fairweather farcasterer:
if i'm being brutally honest, the thing that brought me back to farcaster the last two times is "money making opportunities"
last time it was degen, this time it's all the ai coin stuff
yes i do love the platform, i love the innovation, i love the high(er) signal to noise ratio here, the fewer bots, the nicer vibes, the infinitely better customer service, the cool shit and experimentation that's always happening, the curation elements with channels + a global feed, and on and on and on
but i've *always* struggled with being active both here + on twitter, and for better or worse always end up defaulting back to twitter as it not only fills my "crypto info" tank, but also "the rest of the world" stuff
i'm so bullish on farcaster and i *really really really* hope it succeeds over a multi-decade time horizon - and maybe my not being as active here as on twitter is not helping the cause - but well it is what it is, ty for coming to my ted talk
if i'm being brutally honest, the thing that brought me back to farcaster the last two times is "money making opportunities"
last time it was degen, this time it's all the ai coin stuff
yes i do love the platform, i love the innovation, i love the high(er) signal to noise ratio here, the fewer bots, the nicer vibes, the infinitely better customer service, the cool shit and experimentation that's always happening, the curation elements with channels + a global feed, and on and on and on
but i've *always* struggled with being active both here + on twitter, and for better or worse always end up defaulting back to twitter as it not only fills my "crypto info" tank, but also "the rest of the world" stuff
i'm so bullish on farcaster and i *really really really* hope it succeeds over a multi-decade time horizon - and maybe my not being as active here as on twitter is not helping the cause - but well it is what it is, ty for coming to my ted talk
Gm Farcasterians
Question for those who straddle the line between here and X - what’s your strategy?
I find it incredibly difficult to keep up with two text-based social media platforms, so I inherently find myself drawn back to spending most of my time on X since it still, imo, is the best way for keeping up to date with the wider crypto space / the world
Any tips?
Question for those who straddle the line between here and X - what’s your strategy?
I find it incredibly difficult to keep up with two text-based social media platforms, so I inherently find myself drawn back to spending most of my time on X since it still, imo, is the best way for keeping up to date with the wider crypto space / the world
Any tips?
gm
If you somehow haven't read this yet, read it.
One of the best articles on the whole interwebs: https://meaningness.com/geeks-mops-sociopaths
If you somehow haven't read this yet, read it.
One of the best articles on the whole interwebs: https://meaningness.com/geeks-mops-sociopaths
If your first reaction when seeing any video or photo now isn’t “is this real or AI?” then you’re 100% believing at least some fake garbage being spewed at you
With the election ramping up this is only going to get a million times worse too
With the election ramping up this is only going to get a million times worse too
We might literally never see ETH drop below $3.4k again in the history of civilization
We might literally never see ETH drop below $3.5k again in the history of civilization
We might literally never see ETH drop below $3.6k again in the history of civilization
We might literally never see ETH drop below $3.5k again in the history of civilization
We might literally never see ETH drop below $3.6k again in the history of civilization
Happiness and success is not based on how much you have, but rather on how little you need
OnChain Summer is gonna be fun isn't it
Just nominated @jessepollak for being *the* person I think of when I think of building on base, and then @leal.eth and @rubendinis as two of the four who built this frame (will nominate the other builders tomorrow)
Gonna make an effort to nominate people daily 🫡
Just nominated @jessepollak for being *the* person I think of when I think of building on base, and then @leal.eth and @rubendinis as two of the four who built this frame (will nominate the other builders tomorrow)
Gonna make an effort to nominate people daily 🫡
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The thing about bull market tops is that they never happen when everyone is worrying that the top is in
They happen when the timeline is batshit euphoric and things have gone full Tulip
They happen when the timeline is batshit euphoric and things have gone full Tulip
