Thanks David, yes I think we’re still in the phase where simple conviction beats complex strategies. When you have this kind of asymmetric upside, there’s no need to chase gains on alpha tokens just to increase your TAO position. To me, this feels like Bitcoin pre-2020: the market will catch up eventually, but until then patience and discipline are the only tools we need.
Excellent article with much needed probation for the many people who lost all of their TAO. I am now definitely rethinking the "Click a strategy and just trust" method that I have used so far. Probably what happened lead Bittensor to take a second look at the complexity of dTAO and how current system may just dissuade new investors.
Great breakdown, Brian. This is an important reminder that investing in subnets requires real caution. Automation is convenient, but it clearly can't substitute for understanding what's actually happening under the hood. Events like the SN76 flash spike don't just hurt the users directly affected. They damage confidence in the broader Bittensor ecosystem at a time when we need more people coming in, not getting scared away. Hopefully this leads to stronger safeguards across the board.
Thanks David, yes I think we’re still in the phase where simple conviction beats complex strategies. When you have this kind of asymmetric upside, there’s no need to chase gains on alpha tokens just to increase your TAO position. To me, this feels like Bitcoin pre-2020: the market will catch up eventually, but until then patience and discipline are the only tools we need.
I agree. TAO offers massive upside without needing complex strategies, just patience I guess.
Excellent article with much needed probation for the many people who lost all of their TAO. I am now definitely rethinking the "Click a strategy and just trust" method that I have used so far. Probably what happened lead Bittensor to take a second look at the complexity of dTAO and how current system may just dissuade new investors.
Great article Brian. Thx for all the details . I hope it will have a good solution for users and Mentaminds team.
Great breakdown, Brian. This is an important reminder that investing in subnets requires real caution. Automation is convenient, but it clearly can't substitute for understanding what's actually happening under the hood. Events like the SN76 flash spike don't just hurt the users directly affected. They damage confidence in the broader Bittensor ecosystem at a time when we need more people coming in, not getting scared away. Hopefully this leads to stronger safeguards across the board.