Se Yong reveals FOMO's pitch was crypto guardrails that feel like Instagram something you'd share with your mom "We spent anywhere from three to six years working at companies like DYDX or Uniswap or OpenSea." "We pitched this vision as something that was not a crypto product. It will use crypto guardrails, it'll transcend crypto, it'll be embedded wallets, it'll be easy onboarding, offboarding, and it'll just feel like Instagram." "How do you create something where like you're excited to share with your mom or your aunt or your sister and that's the vision we set out on."

Se Yong explains why trading beats tweets for dopamine, the feedback loop is entirely objective "If you put out a tweet and it does well, you often don't know why exactly, right? There's no objective value. It's very subjective." "In trading, it's entirely objective, right? Number goes up, P&L goes up, market cap goes up, and it is a direct feedback loop." "You don't need to wait for people to tell you you're right. You're right because the market starts to move up in your favor… The ultimate dopamine hit, the ultimate hit."

Se Yong thinks you should just try investing like basketball, you'll lose money and still be further ahead in six months "I want to go learn how to play basketball. I'm not going to go spend six weeks reading books about LeBron James. I'm just going to go play basketball." "Same thing for investing. A lot of people think I need to go read the Warren Buffett book… Just try it." "You're almost certainly going to be bad. You're almost certainly going to lose money, but I guarantee you in six months, you're going to be so much further ahead than the person who didn't."

Kool says he made about $28 million on the Hyperliquid airdrop, that’s where most of the P&L came from Threadguy: “What do you think about Hyperliquid? kool: “I love it. That was where we made most of the money. That was the huge P&L trade for us. I think we made like $28 million on Hyperliquid, between holding the airdrop mostly till now and just in general.” “I’m a massive Hyperliquid bull. I wanted to have as much HYPE exposure as possible the entire time it was going up. Hyperliquid is kind of like what crypto was always supposed to be. I was extremely bullish perps. I was long a lot of those tokens thinking perps were the future. I was also wrong on a lot of those too. Hyperliquid was the time I finally got it right.”

Ran Neuner thinks AI agents will start their own businesses "And that's before AI agents start their own businesses without us. I mean, there's going to be a world very soon where an AI agent has an idea." "I don't think we've factored in for that yet, because I think we're too busy asking chat GPT what time the football match is later tonight, and when your tax returns are due." "It's going to start a business. It's going to go and raise funding. It's going to use that funding itself, and it's going to build a business."

Jonah reveals how he turned $100 into nearly $1,600 swing trading $NEAR with 6x leverage "So I started with $100 on Button and I've turned it into nearly $1,600. I've been doing that by trading NEAR mostly the entire time and swing trading it." "I re-bought in but at a 6x leverage and I bought in at like 5.6, 5.7 because I think it'll go to five or six dollars in the next week. And if it goes to five, six or seven dollars I can make anywhere from like five thousand to seven thousand dollars." "Like there's no copy traders. That's just f*cking skill. That's crazy skill, right?"

Robbie says the revenue meta is becoming less important than bullish announcements "That we'll talk about the details with that lighter launched with bitwise, but it's not like lighters, you know, fundamental price to earnings ratio or revenue profile drastically changed in the last 24 hours, right?" "It's not like, you know, these guys are suddenly earning, you know, a 10, 10% more revenue every single day." "And those are driving more of the fundamentals more so than just the raw activity and revenue data underneath."

Ran Neuner thinks crypto exchanges get replaced by social trading apps "I believe that crypto exchanges are going to be replaced by social trading apps. So I think like A @binance will eventually be replaced by social trading app, like A @fomo." "And I'm not saying it's going to be @fomo replacing @binance . I'm saying there's going to be a version of FOMO that's going to be so powerful that is so much fun because it combines a social network with a trading experience." "And when that happens, it's going to be just much more fun than trading on an exchange."

Ran Neuner thinks this is crypto's first real bull market "And so, people are going to trade more because it becomes more social, etc., etc. With people trading more, I mean, I think you understand how that's more transactions." "More transactions means more work on blockchains, etc., etc. So, why did I say it's crypto's first real bull market?" "Because it's the first bull market where crypto applications are actually making."

Robbie thinks the market is less tethered to fundamentals and more driven by narrative "And then also you guys saw, if you saw the show yesterday, I think we're becoming a little bit less tethered to reality, meaning that a little bit less tethered to fundamentals, more based on narrative and momentum." "And I think the idea is that, yes, the market is becoming less connected to fundamentals, but it is also becoming more rational as it pertains to the news and the momentum that we see in the market." "As an example here, lighter is up 9.2%, right?"