The founder of AI16Z admitted in person that his code was copied and pieced together in order to unfreeze the account.
SHAW probably didn't make enough money from the hype last year, frequently buying small pools to cut and follow trades, and now tearing up the face directly to regain the account for easier harvesting.
The starting point of the AI craze in the crypto world in the second half of last year was so absurd.
Once you have traded to a certain depth, you will come to realize an experience: even if you predict that a certain stock will decline in the long term, as long as the entire market currently believes it will rise and is pushing it up, your best strategy is to go along with this trend (consensus) for a while and retreat in time before this erroneous trend collapses.
Last year, I met several programmers who scoffed at AI. In the long run, they are certainly right, but trading is about going with the trend.
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The founder of AI16Z admitted in person that his code was copied and pieced together in order to unfreeze the account.
SHAW probably didn't make enough money from the hype last year, frequently buying small pools to cut and follow trades, and now tearing up the face directly to regain the account for easier harvesting.
The starting point of the AI craze in the crypto world in the second half of last year was so absurd.
Once you have traded to a certain depth, you will come to realize an experience: even if you predict that a certain stock will decline in the long term, as long as the entire market currently believes it will rise and is pushing it up, your best strategy is to go along with this trend (consensus) for a while and retreat in time before this erroneous trend collapses.
Last year, I met several programmers who scoffed at AI. In the long run, they are certainly right, but trading is about going with the trend.