How to become a value investor in crypto
This is the most important guide you can read in this bull market.
It is critical that you understand this post. Read it again and again until it clicks in your mind. Make sure you read my real example at the end. It should click by then.
At a fundamental level, crypto is a casino. The only purpose of the casino is to make sure players leave the premises with their pockets empty.
YOU are the player!
To win at crypto, you must become one with the casino. That is how you leave it with your pockets full of cash. Let’s dive in, TLDR at the end.
As you enter the crypto casino, you will first encounter the Bitcoin section. This is the most honest and legitimate part of the casino, but no one is interested in that. Players totally ignore it and quickly rush to the meme coins section.
There is also the altcoin section, the DeFi section and all the narratives and labels you find in crypto. These are just different sections of the same casino! You’re still inside it.
Their purpose is the same.
Drain players of their money.
When you are gambling at a slot machine on Solana’s meme coins, they will also serve you free drinks called points, rewards, shards, zero fees and so on. They want to keep you playing (and lose more money).
The drinks are not free. Nor are the points, rewards, and shards. Zero fees is an illusion perpetuated by crypto DeFi. Pay for your drinks = pay the fees to use BTC or ETH native chains. They are worth the money long term.
Most of crypto is a zero-sum game. Google that term. It means if you make money, someone lost it. The crypto casino always makes money at your expense.
Why do you think there are so many casinos?
Let me rephrase that. Why do you think there are so many altcoins, meme coins, DeFi protocols, and so on?
The purpose is the same. One way or another, they will get your money.
How do you avoid it?
You become one with the casino and you sit at the Bitcoin section.
While you watch new players rushing to the altcoin section, you enjoy a nice cocktail that you paid for at the Bitcoin section. Make sure you always pay for your drinks!
Sometimes, you walk to the other sections of the casino, but you NEVER stay there.
You always go back to the Bitcoin section from where you enjoy the show.
Sometimes, a beautiful lady will approach you and invite you to the altcoin section. You politely refuse the invitation. You never say yes. You go alone if you decide to check it out later.
How do you become one with the casino?
You walk to the owner and start talking to him instead. He also sits at the Bitcoin section most of the time.
Turns out he's building a new section of the casino and you can invest there and own some slot machines.
The rest is history. There are still risks, but they are lower and in your favor.
THE EXAMPLE
You see Solana’s price pumping. Meme coins are going crazy in that ecosystem. The Solana casino is doing a fantastic job at making the players feel euphoric.
Players are so ecstatic, they are going ALL-IN with all their money.
Their pockets are empty!
Well done Solana. The casino is printing hard.
What do you do?
You buy the Solana slot machine.
In this case, RAY or the token of Raydium where all the Solana meme coins are being traded on. You don’t buy Solana meme coins! If you do, you become a player.
Read that again.
You want to become the casino, not the player, as shown below.
I bought RAI at $1.8 and posted about it in our Patrons Pro channel and also in our Alpha Post #18. 24h later it pumped 50%! Soon after is went above $3.
Congratulations, you are now part of the casino! YCC Patrons are doing great and you should be on our discord!
Instead of gambling on meme coins, you invest your money in the casino. If you do your research, you will print.
Once you finish your trip in the Solana section of the casino, take your profits and put them in Bitcoin. That’s where they should sit and also where you should be most of the time.
If you find yourself spending too much time in other sections of the casino, there is a problem. Your pockets will be drained. Remember that.
Worse, you may do the unthinkable!
You decide to sell your Bitcoin and move permanently to some other section of the crypto casino. If so, I have bad news for you.
You just became a player.
How do you become a value investor in crypto?
You invest in the casino and its games. You don’t play the games.
Search for those opportunities, including in our community, and take your profits to the Bitcoin section. Then keep them there.
You only take money from your pocket to invest in a new section of the casino if you spot a good opportunity.
You NEVER become a player and you ALWAYS pay for your drinks!
Be a gentleman.
TLDR & Tips to Remember
Crypto is a big casino with one use case - to drain your money
To win at crypto, you must become one with the casino
Do not be a player, strive to be above that level
You live in the Bitcoin section and you never relocate to other sections
Free drinks are a trap, always pay for your drinks or suffer later
Politely refuse invitations to unknown places in the casino
Talk to the casino owner, explore new sections being built, be early
Buy or invest in the casino, don’t play games, that’s how you win
Take your profits and move them to the Bitcoin section, them repeat
Be a gentleman
This newsletter is made possible with the generous support of our community Patrons and partners. Upgrade your experience to show your support by clicking the below button or reach out to us on X or Discord to partner.
All info is provided for educational purposes only and is not financial advice.
thanks for sharing dude
Awesome analogy Du0. You might as well have written that for me. 6 years ago I have 11 bitcoin. Now? 0. I got seduced by cute girls serving free drinks. Now I have to do it all again, with 75% less money. I got drained, and it hurts.