7 ms·
> lol sure if that helps you sleep at night about the decisions you've made in your life thus far. Why was this necessary to say at all?
by annexrichmond 5y ago
> lol sure if that helps you sleep at night about the decisions you've made in your life thus far.
Why was this necessary to say at all?
- vmception 5y agobecause it requires introspection, its intentionally a dig at people that rationalize why someone's windfall is "not actually a windfall" like the people who say "$X is not that much these days" (it is and they want it) "That billionaire doesn't really have that much money" (billionaire then sells 10% of their holdings in 3 days for billions of USD) "What about after taxes?" (pay for an accountant, you'll see its better than you think) and the reality is that liquidity changes faster than the culture. especially across all markets over the last 2 years. so its time to force that introspection.
- danaris 5y ago> its intentionally a dig at people So you're intentionally being insulting, then. And you see that as necessary?
- vmception 5y agoIt moves the needle. the predictable alternative is that I get into an argument about liquidity with someone that doesn't know this market. the predictable thing is to pull up an article from 5 years ago about the thinness of the crypto market, because google tells you what you want to see. the predictable thing is to not know about large OTC trades done specifically to show the depth of the market, or not know about the dark pools at all. the predictable thing is to then demand a source, which is not possible due to the very nature of dark pools, and then act like that validates their incorrect reality. my dig is about introspection, how many other times have they made an excuse to miss all the alpha? are they actually comfortable with the decisions they've made, maybe they are. it just gives them an out to believe whatever they want. sentiment in the crypto space has generally gone this direction right now. everyone is aware of all the arguments against being in the space from traditional finance minded folks, and simply check their stocks and their crypto on two separate screens daily anyway.
- erichocean 5y agoIf you're kicking ass at crypto, why TF are you commenting on HN? Something doesn't add up.