Your everyday wizard. Research and views are not financial advice ;)
Onchain
Joined January 2022
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defizard retweeted
crypto went from giga chads like GCR making tens of millions shorting LUNA and betting against FTX while staying completely anonymous
to a bunch of low aura, chronically online KOLs with the most punchable faces imaginable being worshipped like they're the greatest traders alive
what the fuck happened to this space?
defizard retweeted
I think this is a very underrated take.
I've been doing something similar after hitting 7 figs in my first cycle during ICO mania and giving it all back, holding the vaporware down to -95%.
During this time I was running another business, which was going very well too. But once the bear brought me back to reality, and the business started to dry up as well, you only realize how much value the money actually has. During good times you never appreciate it until its gone.
Going from 0 to 100k was significantly more important than 100k to 1m. Because it's very hard to get out of the 4 and 5 fig hell, while having the overhead cost of basic living.
All of this goes away once you have a nice cushion and you have full control over your spending each year. The percentage from cost to earnings/savings is just too good).
The same thing applies to the 1-5m range (depending where you live at). Once you reach this area, your goal should be to reduce risk, not push it.
Because with this kinda capital, conservatively invested into indexes or even property (which is often a less attractive investment), you secured the bag. It's very hard to go below that unless you keep pushing unnecessary risk with diminished upside.
After learning my lesson from the first rodeo, I told my self to never fumble the bag again and did my best to do less risky things. I put majority of funds away. Leaving a small amount to push risk again. But never to gamble with your nest egg.
If you got there through skill, you will run it up again.
If you gut there through luck, you saved your self a ton of money and heart ache.
After that I still donked good amounts away in other "less risky" opportunities, but I think for most of us crypto gamblers, its best to offramp aggressively and idealy never deposit it back again.
Secure your bag, reduce your downside risk and start the game again with 1/10th of your portfolio is a reasonable approach imo.
There is no rush to get to 8 figs. If you're here, you will most likely pursue to chase the hot ball of money for the rest of your life.
Theres a reason why many of those 80 year old dinosaur finance bros , like peter lynch, are still on this app. They're addicted to the gamble and just love the game.
Level 4 (1M–10M) really is the no-man's-land of wealth.
For example, going from $100k to $300k can change your life. You can quit a job, move somewhere else, or take a chance on something of your own.
Going from $5M to $5.2M? You're richer, but you don't notice the increase anymore in the same way. This is where the diminishing returns start to show.
Back in 2021, when I went from $500k to $1m, I felt like on top of the world. It was a big change for me. A little backstory: in Feb 2021, I quit my 9-5 job with $500k NW, and it felt like a huge achievement. I knew it wasn’t enough to live off forever, but it was enough to dare to bet on myself.
During the years after 21’ there have been periods where my NW has increased a lot, and periods where it went a bit down or barely went up at all.
So I can very much relate to what Nick says: at some point, you could “work” twice as hard and barely notice the difference in your life. Your portfolio grows. But the extra money buys you less, while the time it costs you stays the same.
This is where I think a lot of people in crypto get stuck. You know how to make money. But unless you increase the risk, your NW will only go up linearly.
Because you might have to risk money you no longer want to lose. So you end up in the middle, the 7-figure hell (no man's land).
Imagine spending another year glued to crypto to make an extra $200k on a $5M portfolio (4% increase).
Don’t misunderstand me, that’s a lot of money, but many people don’t want to risk the big gains they’ve already earned, and since they don’t, their NW will barely move, and they’re forever trapped in the 7-fig hell.
defizard retweeted
"Fear is the mind killer"
I've always been an anxious person. If anything was uncertain I would try to find certainty. And if I wasn't able to do so I would overthink it constantly.
But what I realized is sometimes all you can do is let go. Control what you can and let go of the rest.
If all you do is find the bad in things, you miss out on everything else.
New opportunities. The small things worth appreciating. The ants and the trees.
Does anyone else feel like the next decade we’re going into, everything is just so much more unclear and uncertain compared to earlier. Its like we’ve all our lives have played this video game that we got really good at, with «fixed rules», but now it feels like we have to start over again. No career feels safe, no investment method feels like an easy bet anymore. We are heading into unpaved territoriy thanks to AI. Scary, but it will also bring insane opportunities for those who have their eyes open.
defizard retweeted
The Year Is 2032....
- Gold is now worthless
- Entire internet is hackable
- AI bubble has burst
- Real estate is dead and gone
- Crypto? (What is 'crypto'?)
The entire economy now runs on PSA 10 Charizards, first edition Harry Potter books, vintage high-quality One Piece collectibles, and original un-opened quaalude blister packs from the early 1970's 🤝
defizard retweeted
> be kimchi
> be young
> bundle coins
> rug a few times
> post some pictures
> farm ‘rich guy’ aura
> ct thinks u made $40m
> get promoted by few larps
> never confirm anything
> keep posting pictures
> link up with pumpfun
> secure brand deals
> become a vlogger
let me get this right, this @kimchi1x guy gained clout because 95% of crypto twitter is retards that thinks he made 40mil on trump when in reality, the wallet they all thought was his, is actually the wallet of someone in my fnf. when in reality, this kimchi guy bundled coins and launched 24/7 during the memecoin cycle and rugged you guys and you guys are calling him the goat and somehow he larped his way into the jews (alon) giving him a pumpfun deal because he posted pics/videos of his 80lb frame of a body wearing chrome and flexing in cars and private jets. Just making sure if i'm understanding it right.
defizard retweeted
i have to admit that this is much harder in practice
it's easy to believe there are infinite opportunities when things are going well
but when you lose something/someone, your mind automatically makes you feel that it never comes back
you'd end up going crazy if you can't convince yourself that good things are eternally possible.
defizard retweeted
We just sent the SEC our comment letter on Regulation Crypto Assets.
Our goal is to give every token one current, public record to make onchain compliance cheaper and faster.
Our asks:
1) Let projects file disclosures through Qualified Onchain Disclosure Agents
2) Let third parties file on behalf of projects
It's time we protect investors so we can protect this industry.
cdn.blockworks.com/s/assets/…
defizard retweeted
Feel like there is nothing in life as 'metaphysically grounding' as walking around under the stars at night...
Like looking up and knowing that the moon and stars looking down at you are the same ones that looked down at your ancestors 1000 years ago...
And again, it also feels like it is when the 'veil is thinnest'...
Like if you listen to the sound of the wind in the trees you can almost hear all your dead friends and family and ancestors whispering to you and urging you on...
Is just ridiculously wholesome man...
Steinbeck and Ed Ricketts wrote about this feeling (or something similar) and called it 'breaking through'...
Basically these moments where everything in life seems interconnected and everything seems to make sense and you have a momentary sensation of transcendence...
Is also famously portrayed by the sort of spiritual/metaphysical moment in The Wind In The Willows that the title of the book is taken from...
To me, however, moon-maxxing walks have always been the most effective way to manifest it...
...
**But yeah photo below from my new phone that is able to take night images... was from midnight or so but it just lightens it up a bit...
defizard retweeted
poland is how europe was always supposed to be
🇵🇱 Warsaw is Poland's biggest city and it is completely safe at 1am at night
No violent junkies, no drug dealers, no street thugs hanging around harassing women (and men), no pickpockets (nor in the day btw)
No shady people hanging around the train and metro stations
Just people living chill together and police enforcing safety
You know like we used to in Western Europe?
There's a lot to learn from Poland
defizard retweeted
Heartily endorse this message 💪
Tweet that heartfelt banger that's saved in your drafts anon.
Post the weird schizo observation you're not sure about sharing.
We are all of us here in 2026 on the interwebs desperate for anything real and authentic and interesting...
This is directed at a few ppl specifically but probably applies to a lot of you. You need to post more. Idk why but some of the best ppl doing interesting things never tweet or even participate via comments, but I know you’re here bc you like my shit tweets. Which is appreciated but you should post. I know you have good thoughts. I know bc the few things you have tweeted in the past show a dynamic mind. Idk if you don’t bc you feel like it’s not worth the effort or that you haven’t done enough or whatever but you need to broadcast yourself. There is too much garbage on the internet & the AIs are being trained on it. It is your moral obligation to tweet even if it feels like you’re shouting into the void.
defizard retweeted
Thiccy reveals six months in New York made him realize the real world feels 10 years behind the internet
“I felt like I was missing out, so I took six months off in New York. I tried new hobbies, spent time with friends, met people and discovered other games to play.”
“I ended up realizing that the real world moves so slowly that I don’t get as much fulfillment from interacting with it. I still enjoy sports and spending time with friends, but so much of real life is slow, bureaucratic and almost feels 10 years behind the internet.”
“I’m used to the internet’s constant dopamine, rapid iteration and evolution of ideas. I realized that the frontier of humanity is right here, right now. There is no other fast-paced, high-stakes game filled with smart people they’re all online playing games on the internet.”
“It reframed how I view what I do every day. I’m no longer just chasing a number. I’m addicted to the feedback loop of executing a successful trade, learning new information, updating my worldview and meeting people online who teach me something new.”
defizard retweeted
Its funny...
I absolutely love big cats (as truefrens on here will know)...
And I feel like my training over the years has increasingly come to mirror the physicality of them:
- Tons of neck isometrics to try to get a big strong neck
- Jaw workouts (chewing hard refrigerated protein bars) to catalyze stronger/bigger masseter muscles
- Box jumps to improve vertical leap
- Spamming delts to get bigger shoulders
- Hard sprints for general explosiveness
- And then combat sports I suppose as well
Like seriously though...
Just look at these animals...
Is there anything more magnificent in nature that you could base your training upon?!?
