Reinforcement learning explained x.com/i/status/1731094134134…

An explainer for the midwit meme is itself peak midwit. Perfectly meta. Hang it in the Louvre, man.

Luck plays an outsized role in all aspects of life

True

I'm bored, let's write something up; to elaborate further on my market thoughts & how I'll navigate the next few years in crypto - leaving macro out of this, stick to what we're good at - trading scams; - I don't think ATHs this year [I'd say late 2024]. I'm not as bullish as you'd think, nothing goes up in a straight line - only selective basket of alts will perform, rotationally, as money mostly flows within the sector & into BTC; with majority of scams going back to their lows/'ranges' once general market makes a deeper correction - priority is to accumulate BTC/ETH at these prices while slinging shitcoins on derivs; run with the profits & stack sats - we're far from real 'bull market' [I'd say mid/late 2024-2025] - for now, BTC outperforms ETH & other majors, that is, until proper risk-on returns/late-cycle mania [again, late 2024 and onward in my opinion] - popular notion of buying 1000x 'gems' here is suboptimal play, stick to multiplying your wealth via holding BTC/ETH & trading new volatile scams to acquire more of the above; shorting them at local tops is a good way as well + it adds a hedge component to your already existing long-term bags, IF you're good at it. - leverage trading BTC only is also a viable strategy, but if you're very good at that, you aren't reading this anyway. price action is clean, levels are clean, Sam is not hunting you in the books anymore and there's no 17 insolvent entities quietly dumping on the market whilst prompting it up with spoof orders like in '22 - if you're not as experienced, don't short, don't leverage, just spot-trade these scams. you can still make decent returns whilst being safe! - once mania phase returns, you should have multiplied your wealth by 5-10x by holding majors & grinding shitcoins in both directions - then, and only then, you can make generational wealth in late-stage-mania by turbolonging every scam that exists on this planet. remember, tech doesn't fucking matter, nobody cares what the coin actually does. degeneracy, community, marketing, low-unit bias, retail-friendly/catchy coins and hype matters. we're not here for tech, we're here for money. - if you weren't here in 2019-2021, you have no clue how liquidity trickles down at certain stages of the cycle - study the charts [not TA, but relative strength within sectors & timing] to know when to rotate from BTC to scams and eventually cash out - if you're using twitter, telegram, friends, groups as signals, check who was bullish [and wrong] entire 2022; cut them loose. quality > quantity - the day will come when celebrities/media are advertising crypto, your parents, friends, grandmother and that pretty girl working at local grocery store you want to bang so hard but you're too shy to approach will ask you which animal coin to buy for an easy 100x; that's when you slowly, quietly and tactically exit the markets. you should have enough money by then to muster up the courage to ask her out. just make sure it's not all tied up in magical internet coins. don't fuck it up. most likely the last chance you'll get before regulations & popularity render this markets ability for lottery-ticket type of gains and it turns into a tech-sector within SP500 with ever-decreasing % gains no pressure, though. you got this. 🫡

I'm going to have to put the final nail into the coffin of #StockToFlow, since @_Kriesz_ said that S2F was just the same as my own models, and when you insult an autist's models that's like calling into question his wife's honor. @_Kriesz_ has nerdsniped me. (thread 🧵...)

me 12 redbull vodkas deep and halfway thru an 8ball going up to the milf at the bar to ask if it’s her 25th birthday