crypto VCs (and large VCs in general) have completely destroyed any long term alternative investments
anything newly released on the open market is by default overpriced and you're left picking for scraps, or you're next to the trough
or you're forced into derivatives trading, which is a whole another game...
at heart, im a trader and investor
it feels like only strategy to accumulate more Bitcoin through these means is buying cyclical bottoms and selling cyclical tops
even those are becoming slower and harder to identify through BTC algorithmization and market ossification
it's just felt super painful and depressing over the last few years
nostr is a breath of fresh air
everyone is super fucking laser focused on FOSS and/or building up this new space
it's refreshing to see people building and watching ODELL (npub1qny…95gx) and co. fund using open sats without the expectation of oh yeah we're gonna build something existing then slap a token on top and then dump on everyone and zero sum this shit to zero
Ambroid
npub1n9…2pjw6
2024-09-02 09:13:51
Author Public Key
npub1n99sxvwz5cfpvwm3rgg3n6y7mad263uxclgpnj0fc2zhkfv2uzfs22pjw6Published at
2024-09-02 09:13:51Event JSON
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"content": "crypto VCs (and large VCs in general) have completely destroyed any long term alternative investments\nanything newly released on the open market is by default overpriced and you're left picking for scraps, or you're next to the trough\nor you're forced into derivatives trading, which is a whole another game...\nat heart, im a trader and investor\nit feels like only strategy to accumulate more Bitcoin through these means is buying cyclical bottoms and selling cyclical tops \neven those are becoming slower and harder to identify through BTC algorithmization and market ossification \nit's just felt super painful and depressing over the last few years\nnostr is a breath of fresh air\neveryone is super fucking laser focused on FOSS and/or building up this new space \nit's refreshing to see people building and watching nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and co. fund using open sats without the expectation of oh yeah we're gonna build something existing then slap a token on top and then dump on everyone and zero sum this shit to zero",
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