After going through the 10.11 and MMT events, the cat's assets have actually shrunk a lot.
This incident suddenly made me realize:
Am I always doing something that seems very努力, but is actually negative EV?
So I sat down to review and figured out which things are positive EV for me and which are negative EV.
Soon I discovered a cruel fact:
• Trading, especially frequent trading = negative EV
• Playing = positive EV
• Getting things for free = positive EV
• Creating content and posting things = the cheapest chips, positive EV
• Serving others = positive EV
• Raking in = positive EV
Only trading, especially long-term frequent trading, is very, very negative EV.
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Then why is trading so negative EV?
Because there are fewer and fewer retail investors in the market now
No fresh retail investors—fool's money comes in
Most of those who survive are smart people, old hands, and genius traders
But what is the essence of trading?
It's taking money from your opponents.
In a room full of smart people,
you throw yourself in to grab money,
who do you think you can outsmart?
In the current market where the supply of retail investors is limited,
this behavior of trading will only become increasingly negative EV.
So this is not about effort; it's about structure
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Moreover, the cat also discovered something more terrifying about the crypto culture
Whether in Chinese or English, the mainstream atmosphere of CT is as follows:
• Looking down on making money through accounts
• Looking down on making money through work
• Looking down on making money through mouth
• Only worshipping making money through trading
This atmosphere directly forces ordinary people into the most dangerous path—
To prove themselves, jumping into the slaughterhouse of trading where 'smart people pick each other's pockets'
But the reality is:
Ordinary people have neither information advantages, nor capital advantages, nor talents
In the end, they will only become the liquidity of others.
This is the cruelest truth.
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So what is the path for ordinary people?
Simply put, it is to work hard at licking, writing, building, and outputting value
These things are the easiest ways for ordinary people to achieve results.
Let me give a few examples I have seen with my own eyes:
Do you look down on a $500 account?
Don't laugh, it really can make money.
A blogger
If one does ads 5 times a month = $2500
A year = $30,000 = 210,000 RMB
So what if you can manage to set up 5 accounts?
You directly A7 in a year
You scold mouth money?
Others rely on mouth money to directly A7 in half a year.
For example
@0xKingsKuan
—— Real examples of relying on mouth money to get started and achieving big results
Who relies on scolding to make accounts?
They rely on scolding to trigger conflicts to gain followers, exposure, and traffic, also making money from traffic—attention is economy
So the ones who draw and write in DC every day?
Some also mix out big results
A few live examples I have seen:
• An account with 3000 followers, posting about public chain projects every day, earned 1 million RMB in a year
• A small account with 6000 followers, posting stories every day, directly got $120,000 in IP
Simply put:
Everyone is making money in different ways.
It's just that you look down on others' ways of making money
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Finally, I want to ask a very realistic question:
You ordinary people who advocate 'changing your fate through trading'—
Have you really made money from trading?
If not—
Why do you continue to jump into this negative EV black hole?
Why don't you spend your time on:
• Low-cost positive EV paths
• Replicable, accumulable, compoundable skills
• Directions you can truly control
Why not switch to a way that is easier to make money and less risky?
I truly believe:
Giving up trading is the simplest way for ordinary people to make money in our industry—no gambling to win
