RE: Full Powerdown Completed Part Deux
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I appreciate you sharing the details of completing another powerdown cycle and providing insights into your approach to crypto investing. However, I couldn't help but feel the post came across as a bit aimless and self-indulgent in places.
The extensive recounting of past "cringe" calls on assets like LEO and CUB seems oddly proud for someone claiming huge mistakes. And the detailed reminiscing about old token projects and casino gambling doesn't cast the most flattering light. Sometimes less sharing is more.
The pseudo-profound musings like "time is the ultimate resource" also felt a bit pretentious without much substantive follow through. And the firm guarantee that researching new projects is pointless came across as lazy cynicism rather than wisdom. Dismissing potential opportunities out of hand is hardly sound strategy.
On the sections about Bitcoin and the dollar, the armchair analysis felt superficial for someone claiming expertise. Drawing sweeping conclusions from a single chart or metric is risky business. And implied predictions about future prices and cycles seem more ego-driven than evidence-based.
When you finally get to the powerdown itself, the details feel like an afterthought amidst the rambling. And the frequent references to your own precarious financial state, while admirably honest, lend an overall tone of insecurity rather than assurance.
In closing, I'd argue less could be more in future installments. The meandering walk down memory lane didn't necessarily enhance insights into the powerdown itself. Tighter focus on substantive issues, minus the bluster and ego, may better serve your readers. We're all still learning - framed appropriately, mistakes can enlighten rather than embarrass.
Thanks for sharing candidly. I hope these reflections come across as constructive feedback. Distilling your experience into more concise and considered takes could amplify the value for others. Authenticity is great, but judicious editing has its place too. Wishing you prosperity on the next leg of your crypto journey!
Okay well if I said "work smart; not hard" would that also come across as lazy?
There's little point in researching 100 tokens when every token is meticulously designed to trick you into thinking it's going to work. Much smarter to let the bear market act as a filter that allows legitimate projects to rise to the top by way of actual merit in the field. This is a strategy that actually let's people find good projects for a cheap price rather than simply hoping they get lucky during the casino phase. This is experience-based advice from someone who already tried it the other way in two separate bull markets. That's five years by the way.
I also did not realize that I needed to explain the value of 'time' as a resource. If I had said "oxygen is the ultimate resource" would you try to ask me for clarification on that as well and perhaps wonder if you don't actually need oxygen? I've explained time as a resource over many iterations in previous posts. Perhaps I should have linked one.
I've never claimed expertise and there is a running joke going (for years) about how I'm always wrong and should be mercilessly counter-traded. My analysis is always superficial.
Markets are random and totally unpredictable. Even the best most masterful analysis will only give a 10% edge in trading (meaning you lose 40% of the time). I don't need to be allocating more resources in this area.
Also you need to pick a lane. You can't say the post is ego-centric while simultaneously claiming it comes off as 'insecure'. My blustering insecurity is a thing of legend! What are you? A poet tinkering with oxymoron?
All in all great comment it's been a while since someone tried to keep me on my toes.
Good stuff.