scattered, but gold rush

> a token’s chart, over a long enough timeframe, only goes one way: 

down & to the right. barring the 0.001%. you’re out of depth if you *don’t* think this is true. 

> crypto social has a 99.99% mortality rate. (like really, who has won?) which makes the opportunity far more lucrative (parallely, irrational) 

> always take profits at an all time high. always. 

> internet capital markets can create value out of thin air, but also uncontrollably evaporate a lot of value (and you can’t do much)

> product >> token. always. especially if you’ve found pmf/traction 

> exploit momentum by knocking on all doors. optimise to punch above your weight. 

> smart answers & honest answers are 2 different things. honest is better for you, generally, over a decade long run 

> LP/market makers/KOLs/CEX is all larp. it’s a distraction. pmf, revenue, scale — all else will follow

> CT’s skepticism helps make the invisible, the visible — you’re often stuck in your own head