RE: Satoshi NakaEpstein (Capital Destruction)
Satoshi NakaEpstein
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In my experience, the least sophisticated participants I’ve encountered in markets tend to be disproportionately concentrated in coins.
Right now, the optimal move for anyone without size, leverage, or information asymmetry is brutally simple:
Sell. Flatten. Observe.
But because price discovery is about to expose who’s on the wrong side, and small participants gain nothing by being involved while that happens.
Compare and contrast to your influencers:
