cooking @chaintellect OnChain. Crypto Fulltime. ex Software Engineer.
Mountains
Joined February 2012
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i started my crypto journey back in 2016 as an eth miner. In 2020, I decided to shut down my software engineering startup and focus 100% on crypto.
ive been through almost everything this market has thrown at us.
the 2017 ICO mania, the 2018 crash, COVID crash, Luna/UST collapse, Celsius, 3AC, FTX, the SEC wars, endless FUDs and FOMOs, and of course, the 10/10 massacre.
ive seen people become millionaires overnight and lose everything just as fast.
to be honest, i stopped believing in the whole decentralization narrative back in 2020. But what ive witnessed in the last 2–3 years has convinced me that this has probably been the worst era in crypto so far.
hacks, scams, kidnappings, even killings
centralized exchanges freezing people’s money, asking for endless proof of funds, source of wealth, and all kinds of documents, sometimes making it feel like they’re just looking for an excuse to keep your funds blocked.
and the worst part? an industry that was supposed to give people financial freedom is slowly becoming the exact opposite.
but despite all this shit, we’re still here.
and if you’re still here after surviving all these years, congratulations, brother. you’ve got steel balls.
but my brothers, there’s something we don’t talk about enough.
all of this comes at a cost.
the sleepless nights, the stress, the anxiety, the time we could’ve spent with our families, the damage to our physical and mental health, the constant pressure of watching charts, following news, and trying not to miss the next opportunity.
money can be made again. time and health? not so easily.
i genuinely believe, and I’m pretty confident about this, that sooner we’re going to have another massive run in crypto. a real blast.
but this time, i want to remind myself of something, and I want to give the same advice to all of you:
TAKE YOUR PROFITS.
dont marry your bags. dont fall in love with your coins. dont let greed convince you that everything will keep going up forever.
take the profits. turn them into cash. enjoy your money. spend time with your family. live your life.
and if you still love crypto, come back when the market gets absolutely destroyed again. when nobody wants to touch it. when fear is everywhere and the streets are bleeding.
crypto will still be here. opportunities will always come back.
we’ve been through enough, brothers.
we need to rest. and we deserve it.
I am convinced that many Muslims who come here attacking and insulting scholars in Saudi Arabia have little or no knowledge of sound aqidah not even the fundamentals of the religion.
Those who understand aqidah and know what separates Ahli Sunnah from the Shi‘a and the Houthis also understand the serious threat their ideology poses to Sunni Muslims and even to the Ka‘bah.
Learn your religion properly before speaking against scholars. It is astonishing that some people devote time and effort to everything except understanding their own faith, yet come here to criticize scholars without knowing the basics. Some of them do not even pray the five daily prayers.
As our scholars have taught us, people who behave this way are often among the poorest examples of Islam within their own circles.
There seems to be a growing regulatory pressure on crypto across Europe, yet some people in the industry are more interested in celebrating when a crypto company faces obstacles than asking what those obstacles mean for the future of the industry itself.
Whether you like Binance or not is irrelevant.
The bigger question is: do we want a stronger, more competitive crypto industry in Europe, or do we want to keep making it harder for innovation to grow?
If Europe gets this wrong, the whole industry will pay the price.
Interesting take.
One of the biggest mistakes we’ve made is treating GDP growth as the main measure of societal progress.
The numbers can look great on paper while entire communities are being hollowed out underneath. We saw this during the first wave of globalization, and the consequences are still with us today.
In the AI era, we should not repeat that mistake.
I was reading CMC latest report on the pre-IPO market, and one thing really stood out to me.
For decades, access to private market opportunities was reserved for institutions and a small group of investors. Today, crypto infrastructure is starting to lower those barriers.
According to the report, the pre-IPO perpetual market generated $2.94B in trading volume, with Binance accounting for $1.68B of it.
The future might simply be access!
coinmarketcap.com/events/cmc…
SpaceX lists tomorrow at $135/share 🚀 a $1.75T IPO.
Crypto spent the last 12 months building three ways to trade it before it lists: spot tokens, perps, and prediction markets.
We tracked all of them. New CoinMarketCap Research report 🧵 coinmarketcap.com/events/cmc…