Knowing Alec like I do, I wouldn't expect any special treatment than a Pro Poker player teaching me how to beat him. There is a right to be smart and he is exercising it. We, the people should know that. dmac
Unless we know how much money you are investing, it’s meaningless. It could be $1 of your money versus $1 million of sponsorship. $1 would be token "skin in the game".
The amount I invest is personal, but clearly not $1 for optics. That doesn't match my values. In the end it comes down to trust. I personally only align with and promote things I invest in and/or believe in. If you think I'm acting counter to my audiences interest, you're welcome to unfollow or never take my pics. Always encourage everyone to avoid trading as 97% will lose anyways.
I am sure I unsubscribed after you and your pal Richard Haert talked bollox about Hex for however long that video went on for, but nope, I still received your latest email.
So basically, you have just admitted, you can be bought and then you will shill whoever paid you their crypto, but making sure to buy more before you release your latest content. Now to me, that’s you taking your audience for however much you can. You’ve just said it, you made sure you bought enough NFT’s before you shared it then in brackets (you’ve now sold them). Wow Alec, talk about shooting yourself in the foot. Not once but twice you admit to shilling making sure you hold bags full before sharing the news which again you’ve said, gets shared by whoever (I can’t recall while I type this) and reaches a larger audience, so you absolutely 100% know your audience will then go and buy what you are shilling, which increases the price and yet again, you admit to selling your crypto very quickly.
I’m shaking my head in disbelief at this email you’ve sent out. But hey, you know what you are doing and if peeps are stupid enough to invest in something based on a (expert) crypto shilling investor, then why wouldn’t you want to make a killing, hey, it’s free money right!
Finally, Nick (your other reply) as a good point. Why don’t you update your crypto portfolio here? Or do you need more time to fill your bags first?
Alec, I don’t dislike you or I’m against you in any way. This email could of come from my own mother and I would still slate it the same way. I just don’t like people being duped especially new people into crypto. I know you will say different and I’ve got the wrong idea or whatever, but I read your email three times to make sure I was reading it correctly. Unfortunately in my opinion you are bang out of order, But it doesn’t matter what I think……. People will do what they think is best regardless.
I'm confused as to what you don't like about my email. I basically said I've never taken a single payment from the countless shitcoins that have asked me to be paid to shill their project because it's against my ethics.
I only talk about projects which I'm betting on myself with my own personal money. What else do you want me to talk about, projects I'm not betting on?
I'm also being transparent with the fact that I actively trade projects, and I tell people my strategy ahead of time. How else can I operate in the space that's more transparent than that?
I've done this from day one. My audience is way too small to pump the price. Most projects I talk about are pre launch, which means ANYONE can buy at the same price that I do - Trillionaire Thugs, Riot Racers, DIATOM, etc.
For example, I tweeted that Trillionaire Thugs went from 0.3 ETH (which was the price EVERYONE minted at, which I made people aware of a week before the mint), and then posted on my Twitter when the price went to 0.7 ETH in a single day. I didn't sell a single one at that point. Anyone could have front ran me and sold on me, thereby 'dumping' the price.
As for updating my crypto portfolio, I share my trades on a near daily basis on Twitter, even though it's really none of anyone's business.
I agree with you Darren. It's a classic example of everything that's bad in crypto. Buy in first, then ramp it. Michael Saylor would be very proud of Alec. As for HEX, it's up there with Tether.
What do you mean? I tell everyone what I'm investing in on YouTube and Twitter on a daily basis. Literally daily videos on YT and multiple posts a day on Twitter with many of my trades.
Why would that even be necessary? I moved into stables in December of last year. Is that relevant?
If I told people about Trillionaire Thugs (which I did pre mint and anyone could have white listed for) at 0.3 ETH, the price went to 3 ETH. Anyone free to sell any time on the way up. In fact, I posted it went to 0.7 ETH, despite not selling a single one. Anyone could have front runned me and sold at that time.
Why does it matter if I sell at 1.2 or 1.5 ETH? And then post it? Anyone is free to buy at any price and sell at any price. I guess I'm just confused how this matters.
I spend hours of time researching and hours of time and money to create videos, all of which I share for free. I'm very transparent about things and not recommending anyone to buy anything, I just share what I'm doing and betting on. Nobody ever needs to take any of the alpha, even though frankly if they had they would have done very well (if you've been following my calls on Twitter you'd see that).
>What do you mean? I tell everyone what I'm investing in on YouTube and Twitter on a daily basis. Literally daily videos on YT and multiple posts a day on Twitter with many of my trades.
You seem to be a fan of Nassim Nicholas Taleb, so here’s one of his quotes: “Don't tell me what you think, tell me what you have in your portfolio.”
Telling everyone what your investing in on YouTube and Twitter on a daily basis, is not the same as showing what you have in your portfolio. It’s not even close, because it obfuscates the important details.
To be clear, you should post your portfolio in tabular format on your substack, so that it captures what you bought (and were given in the case of sponsorship), how much, when you bought it, and when you sold it.
It’s a way of properly addressing this: "I want to be fully transparent with my work, so know that most of the time I shed light on a project, it’s because I have a stake in it."
It also addresses, concerns raised by this remark in your email:
- To screen for my own biases and ensure I maintain my integrity, I plan to invest additional money into projects which sponsor or pay me, as I always want to have my own skin in the game.
This is meaningless, unless we know how much money you are investing. It could be $1 of your money versus $1 million of sponsorship.
> I guess I'm just confused how this matters.
Because by the very act of posting about these trades some readers will be inclined to follow you. In the spirit of fairplay and Taleb’s quote you should be completely transparent about these trades.
It would take 2 minutes per day to update your portfolio on your website and provide complete transparency. How long does it take you to create a video?
I can consider updating the percentages of my portfolio, but it's tedious and time consuming. I'll think about it.
The amounts I'm investing is a private matter. I'm not required to tell people how much I'm investing or how much money I have or what my bankroll is, etc.
Knowing Alec like I do, I wouldn't expect any special treatment than a Pro Poker player teaching me how to beat him. There is a right to be smart and he is exercising it. We, the people should know that. dmac
Thanks for the feedback Dmac.
Teaching someone to play poker and ramping cryptos when you are being paid off to do so are not the same thing at all, eh dmac?
I don't know what you're talking about. I haven't been paid to shill a single crypto. I get an offer a day at least.
No, they are not and you are correct !
I haven't been paid to shill a single crypto.
Unless we know how much money you are investing, it’s meaningless. It could be $1 of your money versus $1 million of sponsorship. $1 would be token "skin in the game".
The amount I invest is personal, but clearly not $1 for optics. That doesn't match my values. In the end it comes down to trust. I personally only align with and promote things I invest in and/or believe in. If you think I'm acting counter to my audiences interest, you're welcome to unfollow or never take my pics. Always encourage everyone to avoid trading as 97% will lose anyways.
Why did I suspect your answer would be along these lines? So much for transparency. Good luck.
I am sure I unsubscribed after you and your pal Richard Haert talked bollox about Hex for however long that video went on for, but nope, I still received your latest email.
So basically, you have just admitted, you can be bought and then you will shill whoever paid you their crypto, but making sure to buy more before you release your latest content. Now to me, that’s you taking your audience for however much you can. You’ve just said it, you made sure you bought enough NFT’s before you shared it then in brackets (you’ve now sold them). Wow Alec, talk about shooting yourself in the foot. Not once but twice you admit to shilling making sure you hold bags full before sharing the news which again you’ve said, gets shared by whoever (I can’t recall while I type this) and reaches a larger audience, so you absolutely 100% know your audience will then go and buy what you are shilling, which increases the price and yet again, you admit to selling your crypto very quickly.
I’m shaking my head in disbelief at this email you’ve sent out. But hey, you know what you are doing and if peeps are stupid enough to invest in something based on a (expert) crypto shilling investor, then why wouldn’t you want to make a killing, hey, it’s free money right!
Finally, Nick (your other reply) as a good point. Why don’t you update your crypto portfolio here? Or do you need more time to fill your bags first?
Alec, I don’t dislike you or I’m against you in any way. This email could of come from my own mother and I would still slate it the same way. I just don’t like people being duped especially new people into crypto. I know you will say different and I’ve got the wrong idea or whatever, but I read your email three times to make sure I was reading it correctly. Unfortunately in my opinion you are bang out of order, But it doesn’t matter what I think……. People will do what they think is best regardless.
Stay Safe
I'm confused as to what you don't like about my email. I basically said I've never taken a single payment from the countless shitcoins that have asked me to be paid to shill their project because it's against my ethics.
I only talk about projects which I'm betting on myself with my own personal money. What else do you want me to talk about, projects I'm not betting on?
I'm also being transparent with the fact that I actively trade projects, and I tell people my strategy ahead of time. How else can I operate in the space that's more transparent than that?
I've done this from day one. My audience is way too small to pump the price. Most projects I talk about are pre launch, which means ANYONE can buy at the same price that I do - Trillionaire Thugs, Riot Racers, DIATOM, etc.
For example, I tweeted that Trillionaire Thugs went from 0.3 ETH (which was the price EVERYONE minted at, which I made people aware of a week before the mint), and then posted on my Twitter when the price went to 0.7 ETH in a single day. I didn't sell a single one at that point. Anyone could have front ran me and sold on me, thereby 'dumping' the price.
As for updating my crypto portfolio, I share my trades on a near daily basis on Twitter, even though it's really none of anyone's business.
I agree with you Darren. It's a classic example of everything that's bad in crypto. Buy in first, then ramp it. Michael Saylor would be very proud of Alec. As for HEX, it's up there with Tether.
Please see my reply above.
Why don't you display and update your crypto portfolio here? That way, anyone can see what you are holding at that point.
What do you mean? I tell everyone what I'm investing in on YouTube and Twitter on a daily basis. Literally daily videos on YT and multiple posts a day on Twitter with many of my trades.
Why would that even be necessary? I moved into stables in December of last year. Is that relevant?
If I told people about Trillionaire Thugs (which I did pre mint and anyone could have white listed for) at 0.3 ETH, the price went to 3 ETH. Anyone free to sell any time on the way up. In fact, I posted it went to 0.7 ETH, despite not selling a single one. Anyone could have front runned me and sold at that time.
Why does it matter if I sell at 1.2 or 1.5 ETH? And then post it? Anyone is free to buy at any price and sell at any price. I guess I'm just confused how this matters.
I spend hours of time researching and hours of time and money to create videos, all of which I share for free. I'm very transparent about things and not recommending anyone to buy anything, I just share what I'm doing and betting on. Nobody ever needs to take any of the alpha, even though frankly if they had they would have done very well (if you've been following my calls on Twitter you'd see that).
>What do you mean? I tell everyone what I'm investing in on YouTube and Twitter on a daily basis. Literally daily videos on YT and multiple posts a day on Twitter with many of my trades.
You seem to be a fan of Nassim Nicholas Taleb, so here’s one of his quotes: “Don't tell me what you think, tell me what you have in your portfolio.”
Telling everyone what your investing in on YouTube and Twitter on a daily basis, is not the same as showing what you have in your portfolio. It’s not even close, because it obfuscates the important details.
To be clear, you should post your portfolio in tabular format on your substack, so that it captures what you bought (and were given in the case of sponsorship), how much, when you bought it, and when you sold it.
It’s a way of properly addressing this: "I want to be fully transparent with my work, so know that most of the time I shed light on a project, it’s because I have a stake in it."
It also addresses, concerns raised by this remark in your email:
- To screen for my own biases and ensure I maintain my integrity, I plan to invest additional money into projects which sponsor or pay me, as I always want to have my own skin in the game.
This is meaningless, unless we know how much money you are investing. It could be $1 of your money versus $1 million of sponsorship.
> I guess I'm just confused how this matters.
Because by the very act of posting about these trades some readers will be inclined to follow you. In the spirit of fairplay and Taleb’s quote you should be completely transparent about these trades.
It would take 2 minutes per day to update your portfolio on your website and provide complete transparency. How long does it take you to create a video?
I can consider updating the percentages of my portfolio, but it's tedious and time consuming. I'll think about it.
The amounts I'm investing is a private matter. I'm not required to tell people how much I'm investing or how much money I have or what my bankroll is, etc.
Of course it is. Interesting that you only quote Taleb when it suits your interest. Good luck!
My NFT portfolio alone would be a headache to constantly upload (the quantity, value etc.).
I tell people what's in my portfolio on social on a daily basis and the trades I'm making. I disclose if I'm ever going to be paid or sponsored.
The CEO of a hedge fund doesn't publicly declare every asset in his portfolio. I don't see why you feel entitled to know every asset I own?
Does the CEO of a hedge fund promote what they have already purchased in a public forum?