Copying strategies without knowing how they’re built is renting. You might see results, but you're leaning on borrowed logic. The moment the strategy stops working, you’re cooked. Understanding their first principles is owning. Self-reliance starts by reversing what works and tracing it back to first principles. When you own the engine, you can modify, rebuild, or invent new strategies on demand. Understanding the generative logic behind success gives you something that survives context collapse. That’s the difference between renting a strategy and owning the engine. Strategies expire. Principles don’t.

I wonder how much Aptos team paid for this tweet, quite desperate

You can go a long way with just basic trend-following principles. No need for prediction, macro analysis, or narrative weaving; you simply assume strength continues, and ride the inertia. It’s a low-assumption, high-payoff approach. The dumbest version of trend-following often outperforms the smartest attempts at timing. You just assume what’s pumping keeps pumping, until it doesn’t, and size accordingly. You don’t buy the bottom, you don’t sell the top but you capture the meat of the move. It won’t earn you social brownie points, but it’s effective.

current dynamic in one chart: world computer time

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pump it loomdart cryptcoin he’s like the shaq of crypto hamcat lean meat pump it loomdart cryptcoin move over chicken the cat is here pump it loomdart cryptcoin crypto’s new god pump it loomdart lord master of cryptocurrencies loomdart cryptcoin loomdart pump it

“Listen, Larry. Litecoin is basically digital silver. Trust me. If it only sniffs 10% of BTC’s price, we’re booking massive profits”

For the most part, trading psychology™ is a grift. You have no business managing emotions if you haven’t first built solid cognition. It’s like stressing about tire pressure on a car with no engine.

survivorship bias

update