PokerTim

Space Dog
Always telling of a girl’s hopes for the future
Curiosity of space, a desire for the unknown

It’s rare to see the same narrative
playing out on different chains
and also getting embraced
Memes are about their ability to spread

As SpaceX’s official mascot
Attention will return again
Position accordingly

ETH’s space dog $ASTEROID
1B market cap incoming.

The Narrative of a Space Dog I believe is always one of a kind
From the ETH chain to bnb, sol, and the robinhood chain
Everyone has seen the existence of this narrative
and can gain momentum

I’ve always believed in OG
ETH’s $asteroid

PVE finger cross

Go buy a space dog
$asteroid

Why does everyone start shouting “buying the dip” from $SKHYNIX $1400, and now it’s $1100, yet everyone says they’re making money???
If there’s no real account, just treat it as a joke and move on—don’t take it seriously 😂

I'm holding BNB strong

Binance has bought back over $1B each of the last 4 quarters

Currently at ~$693
Market cap ~ $94B

Assuming Binance buys back $4B yearly

4/94 = 4.26%

This doesn't even account for the fact that holding BNB allows you to participate in Binance's launch pool airdrops (5-10% APR)
and enjoy trading fee discounts

Let me reiterate, check the open interest on Sol and compare it with BNB's open interest, and you'll see how many are actually buying spot

Moreover, using $4B for buybacks will definitely have a bigger impact on the price than just a 4.26% rise

Binance's user funds account for over 70% of all centralized exchanges

Big money tends to choose Binance

The main reason is liquidity due to the network effect

Network effect means that every new user adds more value to the previous users

For example: the more people use a language, the more valuable it becomes

Liquidity is the same; each user brings deeper depth, increasing the value for the previous user
Depth is Binance's strongest moat

Next is Binance's security
It's the go-to choice for big money users

Anyway, let’s go BNB

That's just how it goes, right?
Before you buy, you weigh the pros and cons,
but once you've made the purchase, you just know it was the right call
because the incentives have shifted.

In psychology,
this is called incentive caused bias.
Your stance depends on your profit.

Charlie Munger had a point:
all the reports from consulting firms end up concluding one thing: you need more consulting.

And then there's the emotional intelligence (EQ) aspect of investing.
For a seasoned poker player like me, that's no sweat.

The average EQ of Memecoin traders in the market is probably in the negative.

Here's another gem from Charlie Munger:
Go fish where the fish are biting.

Futu NiuNiu stocks dropped by 40% 😂 Is this bullish for the crypto space RWA?

These past few days with $VVV and $LIT
have got me reconsidering whether to pay attention to the foreign market.
$ZEC clearly hasn't attracted much capital from the Eastern markets.
VVV and LIT have also seen some action lately.
Underestimating foreign capital isn't a great strategy either.
Native crypto is really a foreign game.
Alright, setting aside biases, let's keep moving forward!

P.s.
The gap between the projects that foreigners are eyeing and those that the East is focused on is still quite significant.

The mascot of Space X is asteroid,
how about the mascot of Binance and maybe the whole bnb chain????

$PALU !!!!

What the hell is coming, can lobsters and 4 compete with the Binance mascot's IP?

$PALU 3M If it doesn't rise, then this is not the bnb season

$PALU

If palu doesn’t actually go up, i don’t think bnb season is here yet.

It has to pump.

$PALU

I usually hold spot because paying 10% in funding rate per year for longing an asset makes no sense to me, but for #zec, it’s actaully extra money, even during bear market.
$ZEC

the undeniable product market fit we can see now is tradfi perps, and the obvious beneficiaries are mainly perp dexes from @HyperliquidX to perhaps @Aster_DEX,

but the CEXes benfit hugely too imo, which already have huge user base.

thus the platform tokens should benefit, from mainly BNB, to perhaps MNT.

Slowly adding to BNB.

$BNB

The whole crypto is in bear market, and yet the shielded pool number has not decreased for Zcash, meaning Zcash has an insanely strong community. (which is absolutely fundamental in crypto)

The recent poll shows rejection of ZSAs, and the new update of Zashi wallet to Zodl requires no transfer of fund or typing in secret phrase (no friction for user), tachyon is also set to go live this year.

Both Naval and Balaji are pushing Zcash relentlessly.

This is a good spot to add.
#zec #ZECUSDT #zcash

You should buy in spot to speculate, instead of guessing which side the funding rate is going to tilt for these sudden open interest + volume rising coins. Been waiting for this for over a month.
#FHE

I was at @cz_binance Binance square AMA and I actually laughed hard.
(Buying a meme you genuinely find interesting can occasionally be very profitable)
#山野万里你是我藏在微风里的欢喜

With Xmr exploding to all time high, that can only mean a few things.

1. Zec is bound to catch up, and is lagging due to recent resignation news.
(since Zcash is a better tech than Xmr, for those of you who argue otherwise, you can check for yourself)

2. Xmr's price is falling back down, since it cannot sustain a higher valuation than a better protocol (Zec).

that leads to the analysis of how much higher of a valuation of Xmr is to Zec.

Currently, the market cap (not fdv) of Zec is 6.83B while xmr is at 12.85B.

i would argue this leaves a lot of room for margin of safety.

side note:
the fact that Xmr is exploding, it means potential narrative shift to privacy again. ( I think tailwind for privacy is here, not just short term but to stay)

in terms of interest of "privacy" in google search, developed countries are more prevalent. (more potential buying power)

#zec #zcash #privacy

Great thinkers share many commonalities in their ways of thinking

In one video clip, Charlie Munger discussed human psychological biases, mentioning the Stanford prison experiment.

In that example, he said the reasons go beyond reciprocity and role theory (you're expected to play your role well), but also consistency and commitment bias—you reinforce that idea in your mind the more you act in a certain way.

This resonates with what Jordan Peterson said

That is: you are your behavior

He said no one is smart enough to act one way while mentally identifying with a completely different self-image

For example: you can't keep failing to get out of bed every day and still believe you're a person with extremely strong willpower

The great people actually share a lot in common in their thinking.

In one of Charlie Munger's clips, he speaks about the human psychology of misjudgement, he mentions the Standford experiment of the guard and prisoner.

In that example, he says it's not just RECIPROCATION TENDENCY and ROLE THEORY (you are expected to act out your role) that caused it, but also CONSISTENCY and COMMITMENT TENDENCY, the more you act out certain behaviour, the more you are pounding that idea into your head.

This resonates with what Jordan Peterson has said, which is: you are what you act out.

he says nobody is sophisticated enough to act one way and be another in their own head.