Cented reveals how much he needs to retire
and admits he hasn’t hit eight figures yet.
"I'm not quite 8 figs yet because i've paid an insane amount in tax close to like 5 Mil in tax"
Cented replies people saying he makes profits because of his copytraders.
"If i gave you my wallet, you will lose all the copytraders in one day"
"I'm not sitting there buying slop and it goes up. It goes up because i buy a good narrative"
"I'm on the computer for like 15 hours a day"
Do you think you will win like Cented if you had his wallet?
Mitch says Toly and Pumpfun can’t fix the trenches even if they inject money. The problem is not with the protocol.
“No, no, no. I genuinely don’t think there’s anything they can do.”
“Look, they can inject money, right? That’s fine. But where’s that money going to go, really? Think about it most people are going to gamble on new pairs and just give it back to the same people.”
“And those guys are never going to reinvest. Let’s say you’re a bundler and you just made $100K on a $200K top somehow. Are you going to put a single dollar back in? No, man. You’re taking that money and buying an AP or something.”
“They never size back into coins like that. That’s the problem.”
Mitch says if you blame Ansem, Toly or Pumpfun for the current state of the Trenches then you’re just a bad trader.
Says if Pumpfun wasn’t here most of you will be working a 9 to 5”
“That’s the difference between a good trader and a bad trader and most people are bad traders”
“They will always look for someone to blame. It’s never my fault. It’s this guy for making this protocol”
“If Pumpfun wasn’t here you’re fvcking cooked. I don’t think these guys realize how bad things were”
Daumen: “I will be in a 9 to 5”
Mitch: “Bro, me too”